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Gujarat Raffia Industries (BOM:523836) E10 : ₹4.36 (As of Mar. 2024)


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What is Gujarat Raffia 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.

Gujarat Raffia Industries's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹4.36 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gujarat Raffia Industries's average E10 Growth Rate was 0.50% per year. During the past 3 years, the average E10 Growth Rate was 3.50% 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 Gujarat Raffia Industries was 3.50% per year. The lowest was 3.50% per year. And the median was 3.50% per year.

As of today (2024-06-08), Gujarat Raffia Industries's current stock price is ₹42.27. Gujarat Raffia Industries's E10 for the quarter that ended in Mar. 2024 was ₹4.36. Gujarat Raffia Industries's Shiller PE Ratio of today is 9.69.

During the past 13 years, the highest Shiller PE Ratio of Gujarat Raffia Industries was 19.86. The lowest was 5.65. And the median was 8.51.


Gujarat Raffia Industries E10 Historical Data

The historical data trend for Gujarat Raffia 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.

Gujarat Raffia Industries E10 Chart

Gujarat Raffia 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 - 3.93 4.13 4.34 4.36

Gujarat Raffia 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 4.34 4.41 4.41 4.43 4.36

Competitive Comparison of Gujarat Raffia Industries's E10

For the Specialty Chemicals subindustry, Gujarat Raffia 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.


Gujarat Raffia Industries's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gujarat Raffia Industries's Shiller PE Ratio distribution charts can be found below:

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



Gujarat Raffia 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, Gujarat Raffia 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)
=0.23/153.0345*153.0345
=0.230

Current CPI (Mar. 2024) = 153.0345.

Gujarat Raffia Industries Quarterly Data

per share eps CPI Adj_EPS
201406 0.390 94.103 0.634
201409 0.240 96.780 0.380
201412 0.420 96.780 0.664
201503 0.550 97.163 0.866
201506 15.240 99.841 23.360
201509 0.400 101.753 0.602
201512 0.300 102.901 0.446
201603 0.580 102.518 0.866
201606 0.400 105.961 0.578
201609 0.230 105.961 0.332
201612 0.280 105.196 0.407
201703 0.650 105.196 0.946
201706 0.410 107.109 0.586
201709 0.250 109.021 0.351
201712 0.370 109.404 0.518
201803 0.690 109.786 0.962
201806 0.510 111.317 0.701
201809 0.260 115.142 0.346
201812 0.360 115.142 0.478
201903 0.640 118.202 0.829
201906 0.490 120.880 0.620
201909 0.290 123.175 0.360
201912 0.230 126.235 0.279
202003 -0.330 124.705 -0.405
202006 0.470 127.000 0.566
202009 0.330 130.118 0.388
202012 0.340 130.889 0.398
202103 1.010 131.771 1.173
202106 0.590 134.084 0.673
202109 0.740 135.847 0.834
202112 0.430 138.161 0.476
202203 0.330 138.822 0.364
202206 0.770 142.347 0.828
202209 0.370 144.661 0.391
202212 0.360 145.763 0.378
202303 0.400 146.865 0.417
202306 0.290 150.280 0.295
202309 0.110 151.492 0.111
202312 0.330 152.924 0.330
202403 0.230 153.035 0.230

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


Gujarat Raffia Industries  (BOM:523836) 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.

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

Shiller PE Ratio=Share Price/E10
=42.27/4.36
=9.69

* 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 Gujarat Raffia Industries was 19.86. The lowest was 5.65. And the median was 8.51.


Be Aware

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


Gujarat Raffia Industries E10 Related Terms

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


Gujarat Raffia Industries (BOM:523836) Business Description

Traded in Other Exchanges
N/A
Address
Santej Vadsar Road, Plot No. 455, Village Santej, Taluka Kalol, Gandhinagar, GJ, IND, 382721
Gujarat Raffia Industries Ltd is engaged in the manufacture and sale of PE Tarpaulin, Plastic Sheeting, Ground Sheeting, Geomembrane, Tents, Shelters, Pond Lining, Canal Lining, Fumigation covers, HDPE Woven Bags, PP Woven Bags, Vermibed, Ropes, and others. It is used in Covers; Grain; Camping; Recreation; Transportation; Construction Sites; Automotive and other activities.

Gujarat Raffia Industries (BOM:523836) Headlines

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