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VST Industries (BOM:509966) E10 : ₹194.24 (As of Mar. 2024)


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What is VST Industries 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.

VST Industries's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹57.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹194.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, VST Industries's average E10 Growth Rate was 6.00% per year. During the past 3 years, the average E10 Growth Rate was 5.30% 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 VST Industries was 5.30% per year. The lowest was 2.30% per year. And the median was 3.80% per year.

As of today (2024-06-02), VST Industries's current stock price is ₹4032.90. VST Industries's E10 for the quarter that ended in Mar. 2024 was ₹194.24. VST Industries's Shiller PE Ratio of today is 20.76.

During the past 13 years, the highest Shiller PE Ratio of VST Industries was 23.30. The lowest was 15.90. And the median was 19.05.


VST Industries E10 Historical Data

The historical data trend for VST Industries'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.

VST Industries E10 Chart

VST Industries 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 171.00 166.15 166.60 183.25 194.24

VST Industries 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 183.25 189.95 192.90 194.01 194.24

Competitive Comparison of VST Industries's E10

For the Tobacco subindustry, VST Industries'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.


VST Industries's Shiller PE Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, VST Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where VST Industries's Shiller PE Ratio falls into.



VST Industries 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, VST Industries'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)
=57.11/153.0345*153.0345
=57.110

Current CPI (Mar. 2024) = 153.0345.

VST Industries Quarterly Data

per share eps CPI Adj_EPS
201406 27.990 94.103 45.519
201409 24.570 96.780 38.851
201412 19.670 96.780 31.103
201503 26.340 97.163 41.486
201506 20.030 99.841 30.702
201509 20.590 101.753 30.967
201512 26.610 102.901 39.574
201603 31.920 102.518 47.649
201606 28.110 105.961 40.598
201609 20.180 105.961 29.145
201612 26.580 105.196 38.667
201703 23.040 105.196 33.518
201706 25.770 107.109 36.820
201709 28.500 109.021 40.006
201712 32.220 109.404 45.069
201803 31.300 109.786 43.630
201806 39.660 111.317 54.523
201809 36.990 115.142 49.163
201812 35.900 115.142 47.715
201903 34.340 118.202 44.459
201906 49.010 120.880 62.047
201909 49.420 123.175 61.400
201912 52.770 126.235 63.973
202003 45.730 124.705 56.119
202006 49.030 127.000 59.081
202009 57.340 130.118 67.439
202012 47.730 130.889 55.806
202103 47.170 131.771 54.782
202106 45.610 134.084 52.056
202109 51.740 135.847 58.286
202112 53.560 138.161 59.326
202203 56.470 138.822 62.251
202206 56.430 142.347 60.667
202209 59.680 144.661 63.134
202212 51.150 145.763 53.702
202303 44.490 146.865 46.359
202306 54.200 150.280 55.193
202309 49.180 151.492 49.681
202312 34.800 152.924 34.825
202403 57.110 153.035 57.110

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


VST Industries  (BOM:509966) 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.

VST Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4032.90/194.24
=20.76

* 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 VST Industries was 23.30. The lowest was 15.90. And the median was 19.05.


Be Aware

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


VST Industries E10 Related Terms

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


VST Industries (BOM:509966) Business Description

Traded in Other Exchanges
Address
1-7-1063/1065, P.O. Box No. 1804, Azamabad, Hyderabad, TG, IND, 500 020
VST Industries Ltd manufactures and distributes cigarettes and unmanufactured tobacco under the brand names Charms, Charminar, Gold, Moments, and Zaffran. The company operates its business out of India. In terms of revenue from operations, a majority comes from the sale of cigarettes and the remainder generally comes from the sale of unmanufactured tobacco. It has a single operating segment which is. Tobacco and related products. Geographical segments consist of sales within India and sales outside of India with a majority derived from India.

VST Industries (BOM:509966) Headlines

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