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Prima Agro (BOM:519262) E10 : ₹3.69 (As of Dec. 2023)


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What is Prima Agro 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.

Prima Agro'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 ₹3.69 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Prima Agro's average E10 Growth Rate was 21.00% 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.

As of today (2024-06-07), Prima Agro's current stock price is ₹25.55. Prima Agro's E10 for the quarter that ended in Dec. 2023 was ₹3.69. Prima Agro's Shiller PE Ratio of today is 6.92.

During the past 13 years, the highest Shiller PE Ratio of Prima Agro was 179.69. The lowest was 6.24. And the median was 8.35.


Prima Agro E10 Historical Data

The historical data trend for Prima Agro'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.

Prima Agro E10 Chart

Prima Agro 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 - - 0.16 2.92 3.55

Prima Agro Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 3.05 3.17 3.55 3.69 3.69

Competitive Comparison of Prima Agro's E10

For the Packaged Foods subindustry, Prima Agro'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.


Prima Agro's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Prima Agro's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Prima Agro's Shiller PE Ratio falls into.



Prima Agro 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, Prima Agro'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.

Prima Agro Quarterly Data

per share eps CPI Adj_EPS
201312 0.540 91.425 0.903
201403 -0.950 91.425 -1.589
201406 1.020 94.103 1.658
201409 1.310 96.780 2.070
201412 0.790 96.780 1.248
201503 -2.450 97.163 -3.856
201506 1.590 99.841 2.435
201509 1.590 101.753 2.390
201512 0.870 102.901 1.293
201603 -2.880 102.518 -4.296
201606 1.100 105.961 1.588
201609 0.370 105.961 0.534
201612 1.090 105.196 1.585
201703 0.650 105.196 0.945
201706 2.510 107.109 3.584
201709 1.880 109.021 2.637
201712 1.390 109.404 1.943
201803 -0.400 109.786 -0.557
201806 1.320 111.317 1.813
201809 1.560 115.142 2.072
201812 0.960 115.142 1.275
201903 -0.930 118.202 -1.203
201906 1.250 120.880 1.581
201909 0.470 123.175 0.584
201912 0.210 126.235 0.254
202003 -1.750 124.705 -2.146
202006 1.510 127.000 1.818
202009 1.600 130.118 1.880
202012 1.650 130.889 1.928
202103 1.500 131.771 1.741
202106 1.930 134.084 2.201
202109 1.580 135.847 1.779
202112 0.410 138.161 0.454
202203 0.990 138.822 1.091
202206 1.090 142.347 1.171
202209 0.580 144.661 0.613
202212 1.150 145.763 1.207
202303 0.790 146.865 0.823
202309 0.770 151.492 0.777
202312 0.650 152.924 0.650

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


Prima Agro  (BOM:519262) 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.

Prima Agro's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=25.55/3.69
=6.92

* 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 Prima Agro was 179.69. The lowest was 6.24. And the median was 8.35.


Be Aware

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


Prima Agro E10 Related Terms

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


Prima Agro (BOM:519262) Business Description

Traded in Other Exchanges
N/A
Address
Door No. V/679-C, Industrial Development Area, Muppathadam P.O., Edayar, Cochin, KL, IND, 683110
Prima Agro Ltd is engaged in manufacturing cattle feeds. The company has its manufacturing divisions in the Industrial Areas at Edayar, Kochi, and at Trivandrum. It manufactures cattle feed pellets in 70kg and 50kg packing. The company is also engaged in the trading of commodities and downstream products.

Prima Agro (BOM:519262) Headlines

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