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Coal India (NSE:COALINDIA) E10 : ₹34.81 (As of Mar. 2024)


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What is Coal India 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.

Coal India's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹22.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹34.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Coal India's average E10 Growth Rate was 10.90% per year. During the past 3 years, the average E10 Growth Rate was 5.80% 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 Coal India was 5.80% per year. The lowest was 2.80% per year. And the median was 4.30% per year.

As of today (2024-05-26), Coal India's current stock price is ₹501.00. Coal India's E10 for the quarter that ended in Mar. 2024 was ₹34.81. Coal India's Shiller PE Ratio of today is 14.39.

During the past 13 years, the highest Shiller PE Ratio of Coal India was 14.19. The lowest was 3.78. And the median was 6.26.


Coal India E10 Historical Data

The historical data trend for Coal India'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.

Coal India E10 Chart

Coal India 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 28.94 29.40 29.39 31.42 34.81

Coal India 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 31.42 32.44 33.00 33.76 34.81

Competitive Comparison of Coal India's E10

For the Thermal Coal subindustry, Coal India'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.


Coal India's Shiller PE Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Coal India's Shiller PE Ratio distribution charts can be found below:

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



Coal India 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, Coal India'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)
=22.01/153.0345*153.0345
=22.010

Current CPI (Mar. 2024) = 153.0345.

Coal India Quarterly Data

per share eps CPI Adj_EPS
201406 6.390 94.103 10.392
201409 3.470 96.780 5.487
201412 5.160 96.780 8.159
201503 6.710 97.163 10.568
201506 5.690 99.841 8.722
201509 4.200 101.753 6.317
201512 5.730 102.901 8.522
201603 6.960 102.518 10.390
201606 4.850 105.961 7.005
201609 0.970 105.961 1.401
201612 4.610 105.196 6.706
201703 4.380 105.196 6.372
201706 3.790 107.109 5.415
201709 0.600 109.021 0.842
201712 4.900 109.404 6.854
201803 2.090 109.786 2.913
201806 6.100 111.317 8.386
201809 4.970 115.142 6.606
201812 7.360 115.142 9.782
201903 9.710 118.202 12.571
201906 7.510 120.880 9.508
201909 5.720 123.175 7.107
201912 6.370 126.235 7.722
202003 7.530 124.705 9.241
202006 3.370 127.000 4.061
202009 4.780 130.118 5.622
202012 5.010 130.889 5.858
202103 7.450 131.771 8.652
202106 5.140 134.084 5.866
202109 4.770 135.847 5.374
202112 7.400 138.161 8.197
202203 10.860 138.822 11.972
202206 14.330 142.347 15.406
202209 9.810 144.661 10.378
202212 12.580 145.763 13.208
202303 14.820 146.865 15.443
202306 12.930 150.280 13.167
202309 11.030 151.492 11.142
202312 14.720 152.924 14.731
202403 22.010 153.035 22.010

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


Coal India  (NSE:COALINDIA) 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.

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

Shiller PE Ratio=Share Price/E10
=501.00/34.81
=14.39

* 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 Coal India was 14.19. The lowest was 3.78. And the median was 6.26.


Be Aware

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


Coal India E10 Related Terms

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


Coal India (NSE:COALINDIA) Business Description

Traded in Other Exchanges
Address
Coal Bhawan, Premises No-04 MAR, Plot No-AF-III, Action Area-1A, 3rd Floor, Core-2, New Town, Rajarhat, Kolkata, WB, IND, 700156
Coal India Ltd is a state-owned coal mining company, which was formed when the government took over many private coal mines. As one of the largest coal producers in the world, Coal India is responsible for the vast majority of India's coal production. The company operates across numerous mining areas spread over various provincial states of India, and one mine planning and consultancy company. The Company is primarily engaged in a single segment business of production and sale of Coal. Coal India has hundreds of mines, the bulk of which are underground, closely trailed by open-pit, while also operating multiple coking coal washeries.

Coal India (NSE:COALINDIA) Headlines

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