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Varroc Engineering (NSE:VARROC) E10 : ₹0.58 (As of Dec. 2024)


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What is Varroc Engineering E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Varroc Engineering's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was ₹34.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.58 for the trailing ten years ended in Mar. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2025-04-04), Varroc Engineering's current stock price is ₹ 434.30. Varroc Engineering's E10 for the fiscal year that ended in Mar. 2024 was ₹0.58. Varroc Engineering's Shiller PE Ratio of today is 748.79.

During the past 10 years, the highest Shiller PE Ratio of Varroc Engineering was 1177.33. The lowest was 747.92. And the median was 953.97.


Varroc Engineering E10 Historical Data

The historical data trend for Varroc Engineering's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Varroc Engineering E10 Chart

Varroc Engineering Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.58

Varroc Engineering Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.58 - - -

Competitive Comparison of Varroc Engineering's E10

For the Auto Parts subindustry, Varroc Engineering's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Varroc Engineering's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Varroc Engineering's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Varroc Engineering's Shiller PE Ratio falls into.


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Varroc Engineering E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Varroc Engineering's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=34.43/153.0345*153.0345
=34.430

Current CPI (Mar. 2024) = 153.0345.

Varroc Engineering Annual Data

per_share_eps CPI Adj_EPS
201503 1.350 97.163 2.126
201603 21.770 102.518 32.497
201703 27.210 105.196 39.584
201803 33.400 109.786 46.557
201903 31.540 118.202 40.834
202003 0.010 124.705 0.012
202103 -46.750 131.771 -54.294
202203 -72.643 138.822 -80.080
202303 -53.660 146.865 -55.914
202403 34.430 153.035 34.430

Add all the adjusted EPS together and divide 10 will get our e10.


Varroc Engineering  (NSE:VARROC) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Varroc Engineering's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=434.30/0.58
=748.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 10 years, the highest Shiller P/E Ratio of Varroc Engineering was 1177.33. The lowest was 747.92. And the median was 953.97.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Varroc Engineering E10 Related Terms

Thank you for viewing the detailed overview of Varroc Engineering's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Varroc Engineering Business Description

Traded in Other Exchanges
Address
Plot No. L-4, MIDC Industrial Area, Waluj, Aurangabad, MH, IND, 431136
Varroc Engineering Ltd is an India based company engaged in manufacturing and supplying components and subassemblies for automobile, consumer durable, and white goods industries. The company's operating segment includes Automotive and Others. It generates maximum revenue from the Automotive segment. The company also designs, manufactures, and supply exterior lighting systems, plastic and polymer components, electricals-electronics components, and precision metallic components to a passenger car, commercial vehicle, two-wheeler, three-wheeler and off-highway vehicle. Geographically, it derives a majority of revenue from Europe and also has a presence in the Asia Pacific; North America, and Other Countries.

Varroc Engineering Headlines

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