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State Trading of India (BOM:512531) E10 : ₹-165.35 (As of Mar. 2024)


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What is State Trading of India 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.

State Trading of India's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was ₹12.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-165.35 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 0.80% per year. During the past 5 years, the average E10 Growth Rate was -17.30% 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 State Trading of India was 0.80% per year. The lowest was -55.70% per year. And the median was -29.10% per year.

As of today (2024-06-09), State Trading of India's current stock price is ₹ 135.90. State Trading of India's E10 for the fiscal year that ended in Mar. 2024 was ₹-165.35. State Trading of India's Shiller PE Ratio of today is .


State Trading of India E10 Historical Data

The historical data trend for State Trading of India'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.

State Trading of India E10 Chart

State Trading of India 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 -89.91 -169.44 -171.88 -173.02 -165.35

State Trading of India 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 -173.02 - - - -165.35

Competitive Comparison of State Trading of India's E10

For the Conglomerates subindustry, State Trading of India'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.


State Trading of India's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, State Trading of India's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where State Trading of India's Shiller PE Ratio falls into.



State Trading of India 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, State Trading of India's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=12.03/153.0345*153.0345
=12.030

Current CPI (Mar. 2024) = 153.0345.

State Trading of India Annual Data

per_share_eps CPI Adj_EPS
201503 -64.400 97.163 -101.432
201603 -77.040 102.518 -115.002
201703 -121.418 105.196 -176.634
201803 -103.000 109.786 -143.575
201903 -147.170 118.202 -190.539
202003 -19.000 124.705 -23.316
202103 -782.020 131.771 -908.216
202203 -14.475 138.822 -15.957
202303 8.740 146.865 9.107
202403 12.030 153.035 12.030

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


State Trading of India  (BOM:512531) 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.


State Trading of India E10 Related Terms

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


State Trading of India (BOM:512531) Business Description

Traded in Other Exchanges
Address
Tolstoy Marg, Jawahar Vyapar Bhawan, New Delhi, IND, 110 001
State Trading Corp of India Ltd is an India-based company. It has identified its operating segments as Exports, Imports, and Domestic. The company also undertakes import and export of bulk commodities such as rice, wheat, sugar, pulses, edible oils, fertilizers, coal, and bullion, among others; and import of mass consumption items like wheat, sugar, and pulses, among others. Geographically all the business activity is primarily functioned through the region of India and derives the majority of revenue from the imports segment.

State Trading of India (BOM:512531) Headlines

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