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Yarn Syndicate (BOM:514378) E10 : ₹-1.53 (As of Dec. 2023)


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What is Yarn Syndicate 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.

Yarn Syndicate's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹0.039. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-1.53 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 (2024-05-26), Yarn Syndicate's current stock price is ₹27.21. Yarn Syndicate's E10 for the quarter that ended in Dec. 2023 was ₹-1.53. Yarn Syndicate's Shiller PE Ratio of today is .


Yarn Syndicate E10 Historical Data

The historical data trend for Yarn Syndicate'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.

Yarn Syndicate E10 Chart

Yarn Syndicate 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 - - -1.90 -1.49 -0.96

Yarn Syndicate 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 -1.15 -0.96 -0.94 -1.54 -1.53

Competitive Comparison of Yarn Syndicate's E10

For the Textile Manufacturing subindustry, Yarn Syndicate'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.


Yarn Syndicate's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yarn Syndicate's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Yarn Syndicate's Shiller PE Ratio falls into.



Yarn Syndicate 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, Yarn Syndicate'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)
=0.039/152.9243*152.9243
=0.039

Current CPI (Dec. 2023) = 152.9243.

Yarn Syndicate Quarterly Data

per share eps CPI Adj_EPS
201403 -1.304 91.425 -2.181
201406 -0.821 94.103 -1.334
201409 -0.869 96.780 -1.373
201412 -0.859 96.780 -1.357
201503 -1.864 97.163 -2.934
201506 -0.782 99.841 -1.198
201509 -0.821 101.753 -1.234
201512 -0.705 102.901 -1.048
201603 -5.446 102.518 -8.124
201606 -0.589 105.961 -0.850
201609 -0.285 105.961 -0.411
201612 0.212 105.196 0.308
201703 0.058 105.196 0.084
201706 -0.290 107.109 -0.414
201709 -0.174 109.021 -0.244
201712 8.401 109.404 11.743
201803 -0.435 109.786 -0.606
201806 -0.174 111.317 -0.239
201809 0.541 115.142 0.719
201812 0.811 115.142 1.077
201903 -0.811 118.202 -1.049
201906 -0.222 120.880 -0.281
201909 -1.970 123.175 -2.446
201912 -0.106 126.235 -0.128
202003 -1.168 124.705 -1.432
202006 -0.058 127.000 -0.070
202009 -0.155 130.118 -0.182
202012 -0.106 130.889 -0.124
202103 -0.570 131.771 -0.662
202106 -0.174 134.084 -0.198
202109 0.299 135.847 0.337
202112 0.299 138.161 0.331
202203 0.607 138.822 0.669
202206 -0.174 142.347 -0.187
202209 -0.077 144.661 -0.081
202212 -0.106 145.763 -0.111
202303 -0.058 146.865 -0.060
202306 -0.155 150.280 -0.158
202309 0.097 151.492 0.098
202312 0.039 152.924 0.039

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


Yarn Syndicate  (BOM:514378) 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.


Yarn Syndicate E10 Related Terms

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


Yarn Syndicate (BOM:514378) Business Description

Traded in Other Exchanges
Address
86/2/4, S.N. Banerjee Road, 1st Floor, Flat No. 2, Kolkata, WB, IND, 700 014
Yarn Syndicate Ltd is engaged in the trading and export of yarn. The company offers various products such as Cotton yarn, Synthetic yarn, Blended yarn, Melange and Heathers yarn, Knitted and Woven Fabrics.

Yarn Syndicate (BOM:514378) Headlines

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