GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Emami Ltd (BOM:531162) » Definitions » E10

Emami (BOM:531162) E10 : ₹13.30 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Emami 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.

Emami's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹3.410. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹13.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Emami's average E10 Growth Rate was 5.60% per year. During the past 3 years, the average E10 Growth Rate was 22.00% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Emami was 22.00% per year. The lowest was 8.20% per year. And the median was 15.10% per year.

As of today (2024-06-10), Emami's current stock price is ₹722.00. Emami's E10 for the quarter that ended in Mar. 2024 was ₹13.30. Emami's Shiller PE Ratio of today is 54.29.

During the past 13 years, the highest Shiller PE Ratio of Emami was 100.41. The lowest was 13.69. And the median was 38.86.


Emami E10 Historical Data

The historical data trend for Emami'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.

Emami E10 Chart

Emami 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 9.96 7.33 11.68 12.60 13.30

Emami 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 12.60 12.98 13.20 13.36 13.30

Competitive Comparison of Emami's E10

For the Household & Personal Products subindustry, Emami'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.


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

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

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



Emami 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, Emami'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)
=3.41/153.0345*153.0345
=3.410

Current CPI (Mar. 2024) = 153.0345.

Emami Quarterly Data

per share eps CPI Adj_EPS
201406 1.560 94.103 2.537
201409 2.015 96.780 3.186
201412 4.045 96.780 6.396
201503 3.050 97.163 4.804
201506 1.910 99.841 2.928
201509 1.335 101.753 2.008
201512 2.960 102.901 4.402
201603 2.960 102.518 4.419
201606 1.250 105.961 1.805
201609 1.455 105.961 2.101
201612 2.960 105.196 4.306
201703 1.835 105.196 2.669
201706 0.020 107.109 0.029
201709 2.170 109.021 3.046
201712 3.240 109.404 4.532
201803 1.325 109.786 1.847
201806 0.590 111.317 0.811
201809 1.820 115.142 2.419
201812 3.030 115.142 4.027
201903 1.240 118.202 1.605
201906 0.860 120.880 1.089
201909 2.120 123.175 2.634
201912 3.180 126.235 3.855
202003 0.510 124.705 0.626
202006 0.880 127.000 1.060
202009 2.660 130.118 3.128
202012 4.700 130.889 5.495
202103 2.010 131.771 2.334
202106 1.750 134.084 1.997
202109 4.170 135.847 4.698
202112 4.940 138.161 5.472
202203 8.020 138.822 8.841
202206 1.670 142.347 1.795
202209 4.170 144.661 4.411
202212 5.370 145.763 5.638
202303 3.280 146.865 3.418
202306 3.130 150.280 3.187
202309 4.090 151.492 4.132
202312 5.920 152.924 5.924
202403 3.410 153.035 3.410

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


Emami  (BOM:531162) 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.

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

Shiller PE Ratio=Share Price/E10
=722.00/13.3
=54.29

* 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 Emami was 100.41. The lowest was 13.69. And the median was 38.86.


Be Aware

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


Emami E10 Related Terms

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


Emami (BOM:531162) Business Description

Traded in Other Exchanges
Address
Emami Tower, EM Bypass, 687, Anandapur, Kolkata, WB, IND, 700107
Emami Ltd is Indian personal care and healthcare business in India. The most well-known brands from its portfolio are Fair and Handsome, BoroPlus, Navratna, Mentho Plus Balm, Zandu Balm, and Fast Relief. Its international operations are in over 60 countries spanning Europe, Africa, Gulf Cooperation Council countries, Commonwealth of Independent States countries, and the South Asian Association for Regional Cooperation countries. Its key business lines are fast-moving consumer goods, newsprint, manufacturing of ballpoint-pen tips, retail, pharmacy, infrastructure and development, edible oil, art, healthcare, cement, and bio diesel. Majority of the firm's revenue comes from India.

Emami (BOM:531162) Headlines

No Headlines