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Finolex Cables (LUX:FINOL) E10 : $0.00 (As of Mar. 2024)


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What is Finolex Cables E10?

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

Finolex Cables's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Finolex Cables's average E10 Growth Rate was 6.40% 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 (2024-06-12), Finolex Cables's current stock price is $12.00. Finolex Cables's E10 for the quarter that ended in Mar. 2024 was $0.00. Finolex Cables's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Finolex Cables was 39.28. The lowest was 10.83. And the median was 18.29.


Finolex Cables E10 Historical Data

The historical data trend for Finolex Cables'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.

Finolex Cables E10 Chart

Finolex Cables 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 - - 0.44 0.43 -

Finolex Cables 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 0.43 0.44 0.43 0.45 -

Competitive Comparison of Finolex Cables's E10

For the Electrical Equipment & Parts subindustry, Finolex Cables'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.


Finolex Cables's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



Finolex Cables 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, Finolex Cables'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)
=0/153.0345*153.0345
=0.000

Current CPI (Mar. 2024) = 153.0345.

Finolex Cables Quarterly Data

per share eps CPI Adj_EPS
201212 0.029 83.774 0.053
201303 0.046 85.687 0.082
201306 0.038 88.365 0.066
201309 0.082 91.042 0.138
201312 0.026 91.425 0.044
201403 0.075 91.425 0.126
201406 0.039 94.103 0.063
201409 0.085 96.780 0.134
201412 0.040 96.780 0.063
201503 0.049 97.163 0.077
201506 0.049 99.841 0.075
201509 0.063 101.753 0.095
201512 0.051 102.901 0.076
201603 0.160 102.518 0.239
201703 0.398 105.196 0.579
201803 0.332 109.786 0.463
201806 0.113 111.317 0.155
201809 0.065 115.142 0.086
201812 0.086 115.142 0.114
201903 0.118 118.202 0.153
201906 0.091 120.880 0.115
201909 0.116 123.175 0.144
201912 0.094 126.235 0.114
202003 0.057 124.705 0.070
202006 0.038 127.000 0.046
202009 0.091 130.118 0.107
202012 0.131 130.889 0.153
202103 0.151 131.771 0.175
202106 0.077 134.084 0.088
202109 0.129 135.847 0.145
202112 0.124 138.161 0.137
202203 0.193 138.822 0.213
202206 0.100 142.347 0.108
202209 0.045 144.661 0.048
202212 0.122 145.763 0.128
202303 0.139 146.865 0.145
202306 0.128 150.280 0.130
202309 0.121 151.492 0.122
202312 0.119 152.924 0.119
202403 0.000 153.035 0.000

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


Finolex Cables  (LUX:FINOL) 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.

During the past 13 years, the highest Shiller P/E Ratio of Finolex Cables was 39.28. The lowest was 10.83. And the median was 18.29.


Be Aware

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


Finolex Cables E10 Related Terms

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


Finolex Cables (LUX:FINOL) Business Description

Traded in Other Exchanges
Address
26-27 Mumbai-Pune Road, Pimpri, Pune, MH, IND, 411018
Finolex Cables Ltd is an electronic components company. The operating segments of the group are Electrical cables, Communication cables, Copper rods and Others - Trading of Electrical and other goods. It derives a majority of revenue from the Electrical cables segment. The group offers products like Wires and cables, Optical fibre cables, Switches, LED lightings, Fans, MCB, Water heater and other products. Geographically the business presence of the firm can be seen in the Indian and International market.

Finolex Cables (LUX:FINOL) Headlines

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