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Cubex Tubings (NSE:CUBEXTUB) E10 : ₹1.04 (As of Mar. 2024)


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What is Cubex Tubings 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.

Cubex Tubings's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹1.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Cubex Tubings's average E10 Growth Rate was 40.80% per year. During the past 3 years, the average E10 Growth Rate was 4.40% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Cubex Tubings was 4.40% per year. The lowest was 4.40% per year. And the median was 4.40% per year.

As of today (2024-06-08), Cubex Tubings's current stock price is ₹89.45. Cubex Tubings's E10 for the quarter that ended in Mar. 2024 was ₹1.04. Cubex Tubings's Shiller PE Ratio of today is 86.01.

During the past 13 years, the highest Shiller PE Ratio of Cubex Tubings was 122.38. The lowest was 3.08. And the median was 54.91.


Cubex Tubings E10 Historical Data

The historical data trend for Cubex Tubings'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.

Cubex Tubings E10 Chart

Cubex Tubings 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 - 0.86 0.49 0.71 1.04

Cubex Tubings 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 0.71 0.76 0.86 0.94 1.04

Competitive Comparison of Cubex Tubings's E10

For the Copper subindustry, Cubex Tubings'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.


Cubex Tubings's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Cubex Tubings's Shiller PE Ratio distribution charts can be found below:

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



Cubex Tubings 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, Cubex Tubings'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)
=0.7/153.0345*153.0345
=0.700

Current CPI (Mar. 2024) = 153.0345.

Cubex Tubings Quarterly Data

per share eps CPI Adj_EPS
201406 0.076 94.103 0.124
201409 0.029 96.780 0.046
201412 0.033 96.780 0.052
201503 -0.004 97.163 -0.006
201506 0.102 99.841 0.156
201509 0.020 101.753 0.030
201512 0.005 102.901 0.007
201603 0.081 102.518 0.121
201606 0.080 105.961 0.116
201609 0.007 105.961 0.010
201612 0.010 105.196 0.015
201703 0.150 105.196 0.218
201706 0.090 107.109 0.129
201709 0.050 109.021 0.070
201712 0.060 109.404 0.084
201803 0.090 109.786 0.125
201806 0.080 111.317 0.110
201809 0.040 115.142 0.053
201812 0.210 115.142 0.279
201903 0.130 118.202 0.168
201906 0.110 120.880 0.139
201909 -0.008 123.175 -0.010
201912 0.020 126.235 0.024
202003 0.210 124.705 0.258
202006 0.060 127.000 0.072
202009 0.140 130.118 0.165
202012 0.100 130.889 0.117
202103 0.620 131.771 0.720
202106 0.270 134.084 0.308
202109 0.330 135.847 0.372
202112 0.260 138.161 0.288
202203 0.820 138.822 0.904
202206 0.290 142.347 0.312
202209 0.250 144.661 0.264
202212 0.410 145.763 0.430
202303 0.900 146.865 0.938
202306 0.460 150.280 0.468
202309 0.910 151.492 0.919
202312 0.710 152.924 0.711
202403 0.700 153.035 0.700

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


Cubex Tubings  (NSE:CUBEXTUB) 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.

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

Shiller PE Ratio=Share Price/E10
=89.45/1.04
=86.01

* 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 Cubex Tubings was 122.38. The lowest was 3.08. And the median was 54.91.


Be Aware

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


Cubex Tubings E10 Related Terms

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


Cubex Tubings (NSE:CUBEXTUB) Business Description

Traded in Other Exchanges
Address
Sarojini Devi Road, 1-7-27 to 34, 2nd Floor, Shyam Towers, United Building Complex, Secunderabad, TG, IND, 500003
Cubex Tubings Ltd is a producer of copper and copper-base alloy products. It manufactures seamless tubes, rods, strips, profiles, and wires of copper and copper-based alloys such as Cupronickel, admiralty Brass, and Aluminum Brass. The products are used by the industries such as Power plants, Power plant manufacturers, switchgear, Refineries, Furnace manufacturers, Sugar plants, Automobile, Electrical Equipment industries, and Shipbuilding. The company operates in only one segment which is Copper and copper alloy products.

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