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Solitaire Machine Tools (BOM:522152) E10 : ₹3.73 (As of Mar. 2024)


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What is Solitaire Machine Tools 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.

Solitaire Machine Tools's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹1.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹3.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Solitaire Machine Tools's average E10 Growth Rate was 1.10% 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 (2024-06-11), Solitaire Machine Tools's current stock price is ₹97.43. Solitaire Machine Tools's E10 for the quarter that ended in Mar. 2024 was ₹3.73. Solitaire Machine Tools's Shiller PE Ratio of today is 26.12.

During the past 13 years, the highest Shiller PE Ratio of Solitaire Machine Tools was 26.14. The lowest was 10.44. And the median was 15.26.


Solitaire Machine Tools E10 Historical Data

The historical data trend for Solitaire Machine Tools'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.

Solitaire Machine Tools E10 Chart

Solitaire Machine Tools 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 - - 4.00 3.69 3.73

Solitaire Machine Tools 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 3.69 3.73 3.65 3.60 3.73

Competitive Comparison of Solitaire Machine Tools's E10

For the Tools & Accessories subindustry, Solitaire Machine Tools'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.


Solitaire Machine Tools's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solitaire Machine Tools's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Solitaire Machine Tools's Shiller PE Ratio falls into.



Solitaire Machine Tools 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, Solitaire Machine Tools'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)
=1.46/153.0345*153.0345
=1.460

Current CPI (Mar. 2024) = 153.0345.

Solitaire Machine Tools Quarterly Data

per share eps CPI Adj_EPS
201303 -0.100 85.687 -0.179
201306 0.360 88.365 0.623
201309 -0.120 91.042 -0.202
201312 0.080 91.425 0.134
201403 0.450 91.425 0.753
201406 0.040 94.103 0.065
201409 0.220 96.780 0.348
201503 1.360 97.163 2.142
201506 0.460 99.841 0.705
201509 0.630 101.753 0.948
201512 0.660 102.901 0.982
201603 0.490 102.518 0.731
201606 0.370 105.961 0.534
201612 0.760 105.196 1.106
201703 2.134 105.196 3.104
201803 4.090 109.786 5.701
201806 0.570 111.317 0.784
201809 1.210 115.142 1.608
201812 0.200 115.142 0.266
201903 0.850 118.202 1.100
201906 0.860 120.880 1.089
201909 0.370 123.175 0.460
201912 0.760 126.235 0.921
202003 -0.290 124.705 -0.356
202006 0.140 127.000 0.169
202009 0.220 130.118 0.259
202012 0.150 130.889 0.175
202103 2.610 131.771 3.031
202106 -0.230 134.084 -0.263
202109 1.310 135.847 1.476
202112 0.620 138.161 0.687
202203 0.620 138.822 0.683
202206 0.590 142.347 0.634
202209 0.860 144.661 0.910
202212 0.650 145.763 0.682
202303 1.410 146.865 1.469
202306 0.830 150.280 0.845
202309 0.890 151.492 0.899
202312 0.790 152.924 0.791
202403 1.460 153.035 1.460

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


Solitaire Machine Tools  (BOM:522152) 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.

Solitaire Machine Tools's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=97.43/3.73
=26.12

* 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 Solitaire Machine Tools was 26.14. The lowest was 10.44. And the median was 15.26.


Be Aware

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


Solitaire Machine Tools E10 Related Terms

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


Solitaire Machine Tools (BOM:522152) Business Description

Traded in Other Exchanges
N/A
Address
A-24/25, Krishna Industrial Estate, Gorwa, Vadodara, GJ, IND, 390016
Solitaire Machine Tools Ltd manufactures precision centerless grinders. The company has one reportable segment namely Centerless Grinding Machine & Spares parts & Accessories. The firm also offers CNC products, including precision servo infeed attachments, servo drives for regulating wheels, two-axis CNC grinding wheel dressers, and diamond roll dressers for grinding wheels, as well as two, three, four, and five-axis CNC grinder controls. The company also provides remanufacturing and CNC retrofitting services for grinders. Its centerless grinders are used in the industry like an automobile, automobile ancillaries, textiles machinery, steel industry, and bearing industry.

Solitaire Machine Tools (BOM:522152) Headlines

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