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Innovassynth Investments (BOM:533315) E10 : ₹-0.22 (As of Mar. 2024)


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What is Innovassynth Investments 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.

Innovassynth Investments's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹3.850. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-0.22 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 60.30% 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 Innovassynth Investments was 60.30% per year. The lowest was 60.30% per year. And the median was 60.30% per year.

As of today (2024-06-10), Innovassynth Investments's current stock price is ₹27.86. Innovassynth Investments's E10 for the quarter that ended in Mar. 2024 was ₹-0.22. Innovassynth Investments's Shiller PE Ratio of today is .


Innovassynth Investments E10 Historical Data

The historical data trend for Innovassynth Investments'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.

Innovassynth Investments E10 Chart

Innovassynth Investments 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 - -3.52 -0.12 -0.18 -0.22

Innovassynth Investments 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 -0.18 -0.40 -0.44 -0.60 -0.22

Competitive Comparison of Innovassynth Investments's E10

For the Specialty Chemicals subindustry, Innovassynth Investments'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.


Innovassynth Investments's Shiller PE Ratio Distribution in the Chemicals Industry

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

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



Innovassynth Investments 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, Innovassynth Investments'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)
=3.85/153.0345*153.0345
=3.850

Current CPI (Mar. 2024) = 153.0345.

Innovassynth Investments Quarterly Data

per share eps CPI Adj_EPS
201406 -0.010 94.103 -0.016
201409 -0.050 96.780 -0.079
201412 -0.020 96.780 -0.032
201503 -0.020 97.163 -0.032
201506 -0.020 99.841 -0.031
201509 -0.050 101.753 -0.075
201512 -0.040 102.901 -0.059
201603 -0.030 102.518 -0.045
201606 -0.020 105.961 -0.029
201609 -0.060 105.961 -0.087
201612 -0.030 105.196 -0.044
201703 -0.030 105.196 -0.044
201706 -0.020 107.109 -0.029
201709 -0.060 109.021 -0.084
201712 -0.050 109.404 -0.070
201803 -0.020 109.786 -0.028
201806 -0.020 111.317 -0.027
201809 -0.100 115.142 -0.133
201812 -0.050 115.142 -0.066
201903 -0.053 118.202 -0.069
201906 -0.050 120.880 -0.063
201909 -0.080 123.175 -0.099
201912 -0.050 126.235 -0.061
202003 -0.050 124.705 -0.061
202006 -0.050 127.000 -0.060
202009 -0.060 130.118 -0.071
202012 -0.060 130.889 -0.070
202103 -0.050 131.771 -0.058
202106 -0.070 134.084 -0.080
202109 -0.060 135.847 -0.068
202112 -0.060 138.161 -0.066
202203 0.680 138.822 0.750
202206 -0.100 142.347 -0.108
202209 -0.520 144.661 -0.550
202212 -1.770 145.763 -1.858
202303 1.740 146.865 1.813
202306 -2.090 150.280 -2.128
202309 -0.530 151.492 -0.535
202312 -1.580 152.924 -1.581
202403 3.850 153.035 3.850

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


Innovassynth Investments  (BOM:533315) 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.


Be Aware

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


Innovassynth Investments E10 Related Terms

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


Innovassynth Investments (BOM:533315) Business Description

Traded in Other Exchanges
N/A
Address
Innovassynth Colony, Flat No. C-2/3, KMC No. 91, Khopoli, Raigad, MH, IND, 410203
Innovassynth Investments Ltd is an investment company. It is basically engaged in the business of customs synthesis, contract research, and manufacturing of specialty chemicals such as protected nucleosides, and amino acids.

Innovassynth Investments (BOM:533315) Headlines

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