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Visa Steel (NSE:VISASTEEL) E10 : ₹-16.89 (As of Dec. 2024)


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What is Visa Steel 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.

Visa Steel's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹-1.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-16.89 for the trailing ten years ended in Dec. 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 (2025-04-16), Visa Steel's current stock price is ₹32.72. Visa Steel's E10 for the quarter that ended in Dec. 2024 was ₹-16.89. Visa Steel's Shiller PE Ratio of today is .


Visa Steel E10 Historical Data

The historical data trend for Visa Steel'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.

Visa Steel E10 Chart

Visa Steel 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 - - -37.83 -19.80 -16.55

Visa Steel 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 -16.84 -16.55 -17.26 -18.68 -16.89

Competitive Comparison of Visa Steel's E10

For the Steel subindustry, Visa Steel'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.


Visa Steel's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Visa Steel's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Visa Steel's Shiller PE Ratio falls into.


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Visa Steel 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, Visa Steel's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-1.49/158.3229*158.3229
=-1.490

Current CPI (Dec. 2024) = 158.3229.

Visa Steel Quarterly Data

per share eps CPI Adj_EPS
201309 -4.210 91.042 -7.321
201312 -3.040 91.425 -5.264
201403 -1.420 91.425 -2.459
201406 -2.670 94.103 -4.492
201409 -6.280 96.780 -10.273
201412 -4.630 96.780 -7.574
201503 -11.220 97.163 -18.283
201506 -11.410 99.841 -18.093
201509 -14.520 101.753 -22.592
201512 -13.770 102.901 -21.186
201603 -16.260 102.518 -25.111
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 -2.410 111.317 -3.428
201809 -3.500 115.142 -4.813
201812 -4.640 115.142 -6.380
201903 -3.420 118.202 -4.581
201906 -3.910 120.880 -5.121
201909 -4.720 123.175 -6.067
201912 -4.430 126.235 -5.556
202003 -3.510 124.705 -4.456
202006 -4.010 127.000 -4.999
202009 -3.420 130.118 -4.161
202012 -3.440 130.889 -4.161
202103 -92.530 131.771 -111.175
202106 -2.780 134.084 -3.283
202109 -2.420 135.847 -2.820
202112 -1.530 138.161 -1.753
202203 -0.800 138.822 -0.912
202206 -2.200 142.347 -2.447
202209 -1.850 144.661 -2.025
202212 149.190 145.763 162.045
202303 -1.750 146.865 -1.887
202306 -1.210 150.280 -1.275
202309 -2.130 151.492 -2.226
202312 -2.100 152.924 -2.174
202403 -0.770 153.035 -0.797
202406 -0.597 155.789 -0.607
202409 -0.360 157.882 -0.361
202412 -1.490 158.323 -1.490

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


Visa Steel  (NSE:VISASTEEL) 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.


Be Aware

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


Visa Steel E10 Related Terms

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


Visa Steel Business Description

Traded in Other Exchanges
Address
11 Ekamra Kanan, Visa House, Nayapalli, Bhubaneswar, OR, IND, 751015
Visa Steel Ltd is an India-based mineral, metal, and energy company. It is engaged in the manufacturing of iron and steel products, including pig iron, sponge iron, special steel, and high carbon ferrochrome with the captive power plant at Kalinganagar, Odisha. The Company has a single segment Ferro Alloys. The firm's products range consists of special steel long products, Ferro Chrome and Coke. The firm generates a majority of its revenue from India.

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