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VRL Logistics (NSE:VRLLOG) E10 : ₹16.01 (As of Mar. 2024)


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What is VRL Logistics 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.

VRL Logistics's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹2.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹16.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, VRL Logistics's average E10 Growth Rate was -1.10% 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.

As of today (2024-06-10), VRL Logistics's current stock price is ₹567.90. VRL Logistics's E10 for the quarter that ended in Mar. 2024 was ₹16.01. VRL Logistics's Shiller PE Ratio of today is 35.47.

During the past 13 years, the highest Shiller PE Ratio of VRL Logistics was 47.49. The lowest was 32.20. And the median was 41.04.


VRL Logistics E10 Historical Data

The historical data trend for VRL Logistics'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.

VRL Logistics E10 Chart

VRL Logistics 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 - - - 16.19 16.01

VRL Logistics 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 16.19 16.54 16.48 16.37 16.01

Competitive Comparison of VRL Logistics's E10

For the Trucking subindustry, VRL Logistics'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.


VRL Logistics's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, VRL Logistics's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where VRL Logistics's Shiller PE Ratio falls into.



VRL Logistics 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, VRL Logistics'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)
=2.46/153.0345*153.0345
=2.460

Current CPI (Mar. 2024) = 153.0345.

VRL Logistics Quarterly Data

per share eps CPI Adj_EPS
201406 2.935 94.103 4.773
201409 2.531 96.780 4.002
201412 2.934 96.780 4.639
201503 2.264 97.163 3.566
201506 4.060 99.841 6.223
201509 3.290 101.753 4.948
201512 2.840 102.901 4.224
201603 1.300 102.518 1.941
201606 2.900 105.961 4.188
201609 1.520 105.961 2.195
201612 2.380 105.196 3.462
201703 0.920 105.196 1.338
201706 3.700 107.109 5.286
201709 2.360 109.021 3.313
201712 2.770 109.404 3.875
201803 1.340 109.786 1.868
201806 2.680 111.317 3.684
201809 2.280 115.142 3.030
201812 2.940 115.142 3.908
201903 2.270 118.202 2.939
201906 3.040 120.880 3.849
201909 3.840 123.175 4.771
201912 2.860 126.235 3.467
202003 0.230 124.705 0.282
202006 -6.940 127.000 -8.363
202009 3.420 130.118 4.022
202012 4.400 130.889 5.144
202103 4.120 131.771 4.785
202106 -0.680 134.084 -0.776
202109 5.600 135.847 6.309
202112 6.850 138.161 7.587
202203 6.360 138.822 7.011
202206 5.590 142.347 6.010
202209 3.560 144.661 3.766
202212 5.570 145.763 5.848
202303 21.860 146.865 22.778
202306 3.880 150.280 3.951
202309 2.250 151.492 2.273
202312 1.560 152.924 1.561
202403 2.460 153.035 2.460

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


VRL Logistics  (NSE:VRLLOG) 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.

VRL Logistics's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=567.90/16.01
=35.47

* 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 13 years, the highest Shiller P/E Ratio of VRL Logistics was 47.49. The lowest was 32.20. And the median was 41.04.


Be Aware

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


VRL Logistics E10 Related Terms

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


VRL Logistics (NSE:VRLLOG) Business Description

Traded in Other Exchanges
Address
Circuit House Road, Giriraj Annexe, Hubballi, KA, IND, 580 029
VRL Logistics Ltd is engaged in the business of logistics services dealing mainly with goods and passenger transportation. The company operates through four segments namely, Goods transport, Bus operations, Sale of power and Transport of passengers by air. Its Goods transport segment, which generates key revenue for the company, uses a range of road transportation solutions for the customers, including less than full truckload and full truckload. It also does courier business for the transportation of small parcels and documents using a range of multi-model solutions. The Bus operations division offers services of transportation solutions through Buses. Geographically the group derives prime revenue from India.

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