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Prime Industries (BOM:519299) E10 : ₹0.97 (As of Mar. 2024)


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What is Prime 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.

Prime Industries's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹-0.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.97 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Prime Industries's average E10 Growth Rate was 340.90% 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 (2024-06-08), Prime Industries's current stock price is ₹203.10. Prime Industries's E10 for the quarter that ended in Mar. 2024 was ₹0.97. Prime Industries's Shiller PE Ratio of today is 209.38.

During the past 13 years, the highest Shiller PE Ratio of Prime Industries was 627.86. The lowest was 61.00. And the median was 194.59.


Prime Industries E10 Historical Data

The historical data trend for Prime 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.

Prime Industries E10 Chart

Prime 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 - -0.52 - 0.22 0.97

Prime 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 0.22 0.98 0.94 0.98 0.97

Competitive Comparison of Prime Industries's E10

For the Real Estate Services subindustry, Prime 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.


Prime Industries's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Prime Industries's Shiller PE Ratio distribution charts can be found below:

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



Prime 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, Prime 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)
=-0.14/153.0345*153.0345
=-0.140

Current CPI (Mar. 2024) = 153.0345.

Prime Industries Quarterly Data

per share eps CPI Adj_EPS
201406 -0.005 94.103 -0.008
201409 0.017 96.780 0.027
201412 0.050 96.780 0.079
201503 -0.010 97.163 -0.016
201506 0.001 99.841 0.002
201509 0.005 101.753 0.008
201512 0.004 102.901 0.006
201603 0.001 102.518 0.001
201606 0.013 105.961 0.019
201609 0.025 105.961 0.036
201612 0.005 105.196 0.007
201703 0.035 105.196 0.051
201706 0.035 107.109 0.050
201709 -0.020 109.021 -0.028
201712 -0.004 109.404 -0.006
201803 0.025 109.786 0.035
201806 -0.025 111.317 -0.034
201809 -0.039 115.142 -0.052
201812 0.001 115.142 0.001
201903 0.130 118.202 0.168
201906 -0.035 120.880 -0.044
201909 0.346 123.175 0.430
201912 -0.035 126.235 -0.042
202003 0.358 124.705 0.439
202006 -0.021 127.000 -0.025
202009 -0.012 130.118 -0.014
202012 -0.018 130.889 -0.021
202103 0.159 131.771 0.185
202106 0.031 134.084 0.035
202109 0.000 135.847 0.000
202112 -0.120 138.161 -0.133
202203 0.000 138.822 0.000
202206 -0.050 142.347 -0.054
202209 0.360 144.661 0.381
202212 0.170 145.763 0.178
202303 0.520 146.865 0.542
202306 7.150 150.280 7.281
202309 -0.400 151.492 -0.404
202312 0.290 152.924 0.290
202403 -0.140 153.035 -0.140

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


Prime Industries  (BOM:519299) 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.

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

Shiller PE Ratio=Share Price/E10
=203.10/0.97
=209.38

* 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 Prime Industries was 627.86. The lowest was 61.00. And the median was 194.59.


Be Aware

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


Prime Industries E10 Related Terms

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


Prime Industries (BOM:519299) Business Description

Traded in Other Exchanges
N/A
Address
Master Chambers, 3rd Floor, SCO 19, Feroze Gandhi Market, Ludhiana, PB, IND, 141 001
Prime Industries Ltd is engaged in real estate and allied activities. It generates revenue income from the sale of land, securities, and others.

Prime Industries (BOM:519299) Headlines

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