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Sharda Cropchem (BOM:538666) E10 : ₹27.51 (As of Mar. 2024)


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What is Sharda Cropchem 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.

Sharda Cropchem's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹15.900. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹27.51 for the trailing ten years ended in Mar. 2024.

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 (2024-06-09), Sharda Cropchem's current stock price is ₹411.65. Sharda Cropchem's E10 for the quarter that ended in Mar. 2024 was ₹27.51. Sharda Cropchem's Shiller PE Ratio of today is 14.96.

During the past 11 years, the highest Shiller PE Ratio of Sharda Cropchem was 20.46. The lowest was 11.94. And the median was 15.52.


Sharda Cropchem E10 Historical Data

The historical data trend for Sharda Cropchem'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.

Sharda Cropchem E10 Chart

Sharda Cropchem 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 - - - - 27.51

Sharda Cropchem 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 - 27.09 26.62 26.89 27.51

Competitive Comparison of Sharda Cropchem's E10

For the Agricultural Inputs subindustry, Sharda Cropchem'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.


Sharda Cropchem's Shiller PE Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Sharda Cropchem's Shiller PE Ratio distribution charts can be found below:

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



Sharda Cropchem 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, Sharda Cropchem'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)
=15.9/153.0345*153.0345
=15.900

Current CPI (Mar. 2024) = 153.0345.

Sharda Cropchem Quarterly Data

per share eps CPI Adj_EPS
201406 4.780 94.103 7.773
201409 2.940 96.780 4.649
201412 0.580 96.780 0.917
201503 5.330 97.163 8.395
201506 4.030 99.841 6.177
201509 2.940 101.753 4.422
201512 1.320 102.901 1.963
201603 11.110 102.518 16.584
201606 4.540 105.961 6.557
201609 3.670 105.961 5.300
201612 1.950 105.196 2.837
201703 10.950 105.196 15.930
201706 4.790 107.109 6.844
201709 2.700 109.021 3.790
201712 1.100 109.404 1.539
201803 12.550 109.786 17.494
201806 3.790 111.317 5.210
201809 1.790 115.142 2.379
201812 2.250 115.142 2.990
201903 11.710 118.202 15.161
201906 2.520 120.880 3.190
201909 -0.620 123.175 -0.770
201912 0.650 126.235 0.788
202003 15.700 124.705 19.267
202006 3.090 127.000 3.723
202009 2.110 130.118 2.482
202012 5.350 130.889 6.255
202103 14.840 131.771 17.235
202106 4.220 134.084 4.816
202109 3.550 135.847 3.999
202112 11.330 138.161 12.550
202203 19.610 138.822 21.618
202206 2.510 142.347 2.698
202209 1.340 144.661 1.418
202212 12.010 145.763 12.609
202303 22.040 146.865 22.966
202306 -9.820 150.280 -10.000
202309 -3.060 151.492 -3.091
202312 0.510 152.924 0.510
202403 15.900 153.035 15.900

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


Sharda Cropchem  (BOM:538666) 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.

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

Shiller PE Ratio=Share Price/E10
=411.65/27.51
=14.96

* 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 11 years, the highest Shiller P/E Ratio of Sharda Cropchem was 20.46. The lowest was 11.94. And the median was 15.52.


Be Aware

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


Sharda Cropchem E10 Related Terms

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


Sharda Cropchem (BOM:538666) Business Description

Traded in Other Exchanges
Address
Dashrathlal Joshi Road, 2nd Floor, Prime Business Park, Vile Parle (West), Mumbai, MH, IND, 400 056
Sharda Cropchem Ltd is an agrochemical company based in India. It markets and sells formulations and active ingredients for agricultural purposes world wide through its subsidiaries. its business is obtained from the European continent. Its customers are also spread across North America, Latin America, and the Rest of the world. The company functions through two segments, which are Agrochemicals, and Non Agrochemicals. The company earns its income through the development and sale of agrochemicals such as insecticides, herbicides, fungicides, and biocides. The company also sells conveyor belts and V-belts under the belts segment.

Sharda Cropchem (BOM:538666) Headlines

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