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Mangalore Refinery and Petrochemicals (BOM:500109) E10 : ₹6.83 (As of Mar. 2024)


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What is Mangalore Refinery and Petrochemicals 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.

Mangalore Refinery and Petrochemicals's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹6.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹6.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mangalore Refinery and Petrochemicals's average E10 Growth Rate was -25.20% 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 (2024-06-04), Mangalore Refinery and Petrochemicals's current stock price is ₹212.60. Mangalore Refinery and Petrochemicals's E10 for the quarter that ended in Mar. 2024 was ₹6.83. Mangalore Refinery and Petrochemicals's Shiller PE Ratio of today is 31.13.

During the past 13 years, the highest Shiller PE Ratio of Mangalore Refinery and Petrochemicals was 37.80. The lowest was 3.65. And the median was 6.72.


Mangalore Refinery and Petrochemicals E10 Historical Data

The historical data trend for Mangalore Refinery and Petrochemicals'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.

Mangalore Refinery and Petrochemicals E10 Chart

Mangalore Refinery and Petrochemicals 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 - - 11.80 9.13 6.83

Mangalore Refinery and Petrochemicals 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 9.13 8.26 7.56 6.51 6.83

Competitive Comparison of Mangalore Refinery and Petrochemicals's E10

For the Oil & Gas Refining & Marketing subindustry, Mangalore Refinery and Petrochemicals'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.


Mangalore Refinery and Petrochemicals's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mangalore Refinery and Petrochemicals's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mangalore Refinery and Petrochemicals's Shiller PE Ratio falls into.



Mangalore Refinery and Petrochemicals 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, Mangalore Refinery and Petrochemicals'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)
=6.49/153.0345*153.0345
=6.490

Current CPI (Mar. 2024) = 153.0345.

Mangalore Refinery and Petrochemicals Quarterly Data

per share eps CPI Adj_EPS
201203 3.435 76.889 6.837
201206 -8.680 79.567 -16.695
201209 6.710 82.244 12.486
201212 -2.050 83.774 -3.745
201303 -0.353 85.687 -0.630
201306 -2.590 88.365 -4.485
201309 1.350 91.042 2.269
201312 -1.410 91.425 -2.360
201403 6.120 91.425 10.244
201406 -0.210 94.103 -0.342
201409 -5.430 96.780 -8.586
201412 -10.810 96.780 -17.093
201503 6.150 97.163 9.686
201603 4.700 102.518 7.016
201703 19.810 105.196 28.819
201803 11.370 109.786 15.849
201806 1.350 111.317 1.856
201809 -0.810 115.142 -1.077
201812 -0.630 115.142 -0.837
201903 2.020 118.202 2.615
201906 -2.570 120.880 -3.254
201909 -4.930 123.175 -6.125
201912 -0.860 126.235 -1.043
202003 -10.780 124.705 -13.229
202006 -4.140 127.000 -4.989
202009 0.600 130.118 0.706
202012 -1.250 130.889 -1.461
202103 0.430 131.771 0.499
202106 -1.310 134.084 -1.495
202109 -2.340 135.847 -2.636
202112 3.360 138.161 3.722
202203 17.170 138.822 18.928
202206 15.500 142.347 16.664
202209 -10.150 144.661 -10.738
202212 -1.110 145.763 -1.165
202303 10.920 146.865 11.379
202306 5.790 150.280 5.896
202309 6.000 151.492 6.061
202312 2.240 152.924 2.242
202403 6.490 153.035 6.490

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


Mangalore Refinery and Petrochemicals  (BOM:500109) 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.

Mangalore Refinery and Petrochemicals's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=212.60/6.83
=31.13

* 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 Mangalore Refinery and Petrochemicals was 37.80. The lowest was 3.65. And the median was 6.72.


Be Aware

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


Mangalore Refinery and Petrochemicals E10 Related Terms

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


Mangalore Refinery and Petrochemicals (BOM:500109) Business Description

Traded in Other Exchanges
Address
Mudapadav, Post. Kuthethoor, Via Katipalla, Mangaluru, KA, IND, 575030
Mangalore Refinery and Petrochemicals Ltd are engaged in the manufacturing of Refined Petroleum Products. It generates revenue from High speed Diesel (HSD) and Motor Spirit (MS). Geographically, it derives a majority of revenue from India. It has Petroleum Products as single reportable segment.

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