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UNO Minda (NSE:UNOMINDA) E10 : ₹6.72 (As of Mar. 2024)


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What is UNO Minda 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.

UNO Minda's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹5.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹6.72 for the trailing ten years ended in Mar. 2024.

During the past 12 months, UNO Minda's average E10 Growth Rate was 42.10% 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 (2024-06-10), UNO Minda's current stock price is ₹963.40. UNO Minda's E10 for the quarter that ended in Mar. 2024 was ₹6.72. UNO Minda's Shiller PE Ratio of today is 143.36.

During the past 13 years, the highest Shiller PE Ratio of UNO Minda was 143.36. The lowest was 69.51. And the median was 112.30.


UNO Minda E10 Historical Data

The historical data trend for UNO Minda'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.

UNO Minda E10 Chart

UNO Minda 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 - - - 4.73 6.72

UNO Minda 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 4.73 5.13 5.53 5.91 6.72

Competitive Comparison of UNO Minda's E10

For the Auto Parts subindustry, UNO Minda'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.


UNO Minda's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, UNO Minda's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where UNO Minda's Shiller PE Ratio falls into.



UNO Minda 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, UNO Minda'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)
=5.02/153.0345*153.0345
=5.020

Current CPI (Mar. 2024) = 153.0345.

UNO Minda Quarterly Data

per share eps CPI Adj_EPS
201406 0.283 94.103 0.460
201409 0.507 96.780 0.802
201412 0.271 96.780 0.429
201503 0.298 97.163 0.469
201506 0.285 99.841 0.437
201509 0.539 101.753 0.811
201512 0.602 102.901 0.895
201603 0.889 102.518 1.327
201606 0.562 105.961 0.812
201609 0.804 105.961 1.161
201612 0.905 105.196 1.317
201703 1.162 105.196 1.690
201706 0.303 107.109 0.433
201709 1.284 109.021 1.802
201712 1.129 109.404 1.579
201803 2.590 109.786 3.610
201806 1.333 111.317 1.833
201809 1.363 115.142 1.812
201812 1.318 115.142 1.752
201903 1.468 118.202 1.901
201906 1.015 120.880 1.285
201909 0.940 123.175 1.168
201912 0.850 126.235 1.030
202003 0.006 124.705 0.007
202006 -2.565 127.000 -3.091
202009 1.590 130.118 1.870
202012 2.030 130.889 2.373
202103 2.470 131.771 2.869
202106 0.135 134.084 0.154
202109 1.670 135.847 1.881
202112 1.850 138.161 2.049
202203 2.550 138.822 2.811
202206 2.420 142.347 2.602
202209 2.970 144.661 3.142
202212 2.830 145.763 2.971
202303 3.190 146.865 3.324
202306 3.000 150.280 3.055
202309 3.920 151.492 3.960
202312 3.370 152.924 3.372
202403 5.020 153.035 5.020

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


UNO Minda  (NSE:UNOMINDA) 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.

UNO Minda's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=963.40/6.72
=143.36

* 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 UNO Minda was 143.36. The lowest was 69.51. And the median was 112.30.


Be Aware

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


UNO Minda E10 Related Terms

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


UNO Minda (NSE:UNOMINDA) Business Description

Traded in Other Exchanges
Address
P.O. SikanderPur Badda, Village Nawada Fatehpur, Manesar, District, Gurugram, HR, IND, 122004
UNO Minda Ltd is a conglomerate engaged in the manufacturing of auto components including lighting, alloy wheels, horns, seating systems, seatbelts, switches, sensors, controllers, handlebar assemblies, wheel covers, etc. The Group caters to both 2-wheeler and 4-wheeler markets and domestic & international markets. The group deals in only one business segment of manufacturing and sale of auto ancillary equipment.

UNO Minda (NSE:UNOMINDA) Headlines

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