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Raasi Refractories (BOM:502271) E10 : ₹-5.42 (As of Dec. 2023)


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What is Raasi Refractories 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.

Raasi Refractories's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹-4.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-5.42 for the trailing ten years ended in Dec. 2023.

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 (2024-06-06), Raasi Refractories's current stock price is ₹40.44. Raasi Refractories's E10 for the quarter that ended in Dec. 2023 was ₹-5.42. Raasi Refractories's Shiller PE Ratio of today is .


Raasi Refractories E10 Historical Data

The historical data trend for Raasi Refractories'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.

Raasi Refractories E10 Chart

Raasi Refractories Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -6.55 -6.48 -5.91

Raasi Refractories Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -7.57 -5.91 -6.17 -5.22 -5.42

Competitive Comparison of Raasi Refractories's E10

For the Building Materials subindustry, Raasi Refractories'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.


Raasi Refractories's Shiller PE Ratio Distribution in the Building Materials Industry

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

* The bar in red indicates where Raasi Refractories's Shiller PE Ratio falls into.



Raasi Refractories 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, Raasi Refractories's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-4.21/152.9243*152.9243
=-4.210

Current CPI (Dec. 2023) = 152.9243.

Raasi Refractories Quarterly Data

per share eps CPI Adj_EPS
201403 -1.460 91.425 -2.442
201406 -1.660 94.103 -2.698
201409 -1.630 96.780 -2.576
201412 -31.120 96.780 -49.173
201503 -1.460 97.163 -2.298
201506 -1.320 99.841 -2.022
201509 0.180 101.753 0.271
201512 -0.290 102.901 -0.431
201603 -3.680 102.518 -5.489
201606 -1.260 105.961 -1.818
201609 -2.800 105.961 -4.041
201612 -2.330 105.196 -3.387
201703 -0.400 105.196 -0.581
201706 -3.210 107.109 -4.583
201709 -4.560 109.021 -6.396
201712 1.190 109.404 1.663
201803 7.930 109.786 11.046
201806 0.220 111.317 0.302
201809 0.170 115.142 0.226
201812 0.710 115.142 0.943
201903 7.390 118.202 9.561
201906 0.440 120.880 0.557
201909 0.290 123.175 0.360
201912 0.200 126.235 0.242
202003 2.080 124.705 2.551
202006 0.340 127.000 0.409
202009 0.100 130.118 0.118
202012 0.300 130.889 0.351
202103 0.050 131.771 0.058
202106 0.260 134.084 0.297
202109 0.470 135.847 0.529
202112 0.019 138.161 0.021
202203 1.688 138.822 1.859
202206 -5.330 142.347 -5.726
202209 -3.130 144.661 -3.309
202212 0.650 145.763 0.682
202303 9.640 146.865 10.038
202306 -4.770 150.280 -4.854
202309 9.660 151.492 9.751
202312 -4.210 152.924 -4.210

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


Raasi Refractories  (BOM:502271) 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.


Raasi Refractories E10 Related Terms

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


Raasi Refractories (BOM:502271) Business Description

Traded in Other Exchanges
N/A
Address
House No. 15-145/9, Kodandaram Nagar, Saroor Nagar, Near Sarada Talkies, Hyderabad, TG, IND, 500060
Raasi Refractories Ltd is engaged in the manufacture of refractory products in India. The company offers Standard as well as Special refractories products which include basic refractories such as magnesite, alumina spinel bricks, fire clay and high alumina, cold and hot face insulation bricks, ramming, stopper heads, and much more.

Raasi Refractories (BOM:502271) Headlines

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