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Hindustan Copper (BOM:513599) E10 : ₹1.17 (As of Dec. 2023)


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What is Hindustan Copper 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.

Hindustan Copper's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹0.650. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹1.17 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Hindustan Copper's average E10 Growth Rate was -17.00% per year. During the past 3 years, the average E10 Growth Rate was -9.60% 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 Hindustan Copper was -9.60% per year. The lowest was -9.60% per year. And the median was -9.60% per year.

As of today (2024-05-26), Hindustan Copper's current stock price is ₹371.40. Hindustan Copper's E10 for the quarter that ended in Dec. 2023 was ₹1.17. Hindustan Copper's Shiller PE Ratio of today is 317.44.

During the past 13 years, the highest Shiller PE Ratio of Hindustan Copper was 334.06. The lowest was 13.17. And the median was 75.07.


Hindustan Copper E10 Historical Data

The historical data trend for Hindustan Copper'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.

Hindustan Copper E10 Chart

Hindustan Copper 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 - 1.64 2.24 1.49 1.21

Hindustan Copper 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 1.41 1.21 1.26 1.22 1.17

Competitive Comparison of Hindustan Copper's E10

For the Copper subindustry, Hindustan Copper'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.


Hindustan Copper's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hindustan Copper's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hindustan Copper's Shiller PE Ratio falls into.



Hindustan Copper 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, Hindustan Copper'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)
=0.65/152.9243*152.9243
=0.650

Current CPI (Dec. 2023) = 152.9243.

Hindustan Copper Quarterly Data

per share eps CPI Adj_EPS
201403 1.480 91.425 2.476
201406 0.140 94.103 0.228
201409 0.190 96.780 0.300
201412 0.110 96.780 0.174
201503 0.290 97.163 0.456
201506 0.216 99.841 0.331
201509 0.082 101.753 0.123
201512 0.090 102.901 0.134
201603 0.006 102.518 0.009
201606 -0.031 105.961 -0.045
201609 0.073 105.961 0.105
201612 0.182 105.196 0.265
201703 0.440 105.196 0.640
201706 0.110 107.109 0.157
201709 0.308 109.021 0.432
201712 0.204 109.404 0.285
201803 0.237 109.786 0.330
201806 0.381 111.317 0.523
201809 0.379 115.142 0.503
201812 0.373 115.142 0.495
201903 0.437 118.202 0.565
201906 0.229 120.880 0.290
201909 0.210 123.175 0.261
201912 -1.034 126.235 -1.253
202003 -5.561 124.705 -6.819
202006 0.321 127.000 0.387
202009 0.100 130.118 0.118
202012 1.170 130.889 1.367
202103 -0.400 131.771 -0.464
202106 0.470 134.084 0.536
202109 0.700 135.847 0.788
202112 1.780 138.161 1.970
202203 0.920 138.822 1.013
202206 0.590 142.347 0.634
202209 0.270 144.661 0.285
202212 0.830 145.763 0.871
202303 1.370 146.865 1.427
202306 0.490 150.280 0.499
202309 0.630 151.492 0.636
202312 0.650 152.924 0.650

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


Hindustan Copper  (BOM:513599) 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.

Hindustan Copper's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=371.40/1.17
=317.44

* 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 Hindustan Copper was 334.06. The lowest was 13.17. And the median was 75.07.


Be Aware

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


Hindustan Copper E10 Related Terms

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


Hindustan Copper (BOM:513599) Business Description

Traded in Other Exchanges
Address
1, Ashutosh Chowdhury Avenue, Tamara Bhavan, Kolkata, WB, IND, 700 019
Hindustan Copper Ltd is a copper production company. It is engaged in the exploration, exploitation, and mining of copper and copper ore including beneficiation of minerals, smelting, and refining. Geographically, it operates only in India. The company product portfolio includes Continuous cast copper wire rods, copper cathodes, Copper sulphate, sulphuric acid, Anode slime, and others. The company is primarily engaged in the business of manufacturing and sale of copper products.

Hindustan Copper (BOM:513599) Headlines

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