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Visagar Polytex (NSE:VIVIDHA) E10 : ₹-0.09 (As of Mar. 2024)


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What is Visagar Polytex 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.

Visagar Polytex's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹-0.500. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-0.09 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 65.50% per year. 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Visagar Polytex was 65.50% per year. The lowest was 65.50% per year. And the median was 65.50% per year.

As of today (2024-06-20), Visagar Polytex's current stock price is ₹1.05. Visagar Polytex's E10 for the quarter that ended in Mar. 2024 was ₹-0.09. Visagar Polytex's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Visagar Polytex was 38.33. The lowest was 0.00. And the median was 20.40.


Visagar Polytex E10 Historical Data

The historical data trend for Visagar Polytex'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.

Visagar Polytex E10 Chart

Visagar Polytex Annual Data
Trend Jun14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -2.11 -0.01 -0.03 -0.09

Visagar Polytex Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.03 -0.03 -0.04 -0.04 -0.09

Competitive Comparison of Visagar Polytex's E10

For the Textile Manufacturing subindustry, Visagar Polytex'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.


Visagar Polytex's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Visagar Polytex's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Visagar Polytex's Shiller PE Ratio falls into.



Visagar Polytex 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, Visagar Polytex's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.5/153.0345*153.0345
=-0.500

Current CPI (Mar. 2024) = 153.0345.

Visagar Polytex Quarterly Data

per share eps CPI Adj_EPS
201406 0.034 94.103 0.055
201409 0.029 96.780 0.046
201412 0.031 96.780 0.049
201503 0.009 97.163 0.014
201506 0.070 99.841 0.107
201509 0.060 101.753 0.090
201512 0.070 102.901 0.104
201603 -0.200 102.518 -0.299
201606 0.030 105.961 0.043
201609 0.003 105.961 0.004
201612 0.020 105.196 0.029
201703 0.008 105.196 0.012
201706 0.020 107.109 0.029
201709 0.010 109.021 0.014
201712 0.004 109.404 0.006
201803 0.017 109.786 0.024
201806 0.020 111.317 0.027
201809 0.020 115.142 0.027
201812 0.010 115.142 0.013
201903 -0.033 118.202 -0.043
201906 0.010 120.880 0.013
201909 -0.520 123.175 -0.646
201912 0.003 126.235 0.004
202003 0.010 124.705 0.012
202006 -0.010 127.000 -0.012
202009 0.002 130.118 0.002
202012 0.010 130.889 0.012
202103 0.009 131.771 0.010
202106 0.002 134.084 0.002
202109 -0.020 135.847 -0.023
202112 0.003 138.161 0.003
202203 -0.010 138.822 -0.011
202206 -0.010 142.347 -0.011
202209 -0.010 144.661 -0.011
202212 0.010 145.763 0.010
202303 -0.035 146.865 -0.036
202306 -0.020 150.280 -0.020
202309 -0.010 151.492 -0.010
202312 0.003 152.924 0.003
202403 -0.500 153.035 -0.500

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


Visagar Polytex  (NSE:VIVIDHA) 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.

During the past 13 years, the highest Shiller P/E Ratio of Visagar Polytex was 38.33. The lowest was 0.00. And the median was 20.40.


Be Aware

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


Visagar Polytex E10 Related Terms

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


Visagar Polytex (NSE:VIVIDHA) Business Description

Traded in Other Exchanges
Address
S.V. Road, 907-908, Dev Plaza, Opposite Andheri Fire Station, Andheri (West), Mumbai, MH, IND, 400058
Visagar Polytex Ltd is an India-based textile manufacturing company. It is principally engaged in textile manufacturing, wholesale, retail, and trading business. The company deals with ethnic wear including sarees, lehengas, and suits, interlining goods, and other fabrics. It operates its textiles under the brand name Vividha. The company manufactures and markets its products in India and thus derives entire revenue within the country.

Visagar Polytex (NSE:VIVIDHA) Headlines

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