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VIP Industries (BOM:507880) E10 : ₹6.98 (As of Mar. 2024)


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What is VIP Industries 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.

VIP Industries's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹-1.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹6.98 for the trailing ten years ended in Mar. 2024.

During the past 12 months, VIP Industries's average E10 Growth Rate was -18.80% 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.

As of today (2024-06-09), VIP Industries's current stock price is ₹484.15. VIP Industries's E10 for the quarter that ended in Mar. 2024 was ₹6.98. VIP Industries's Shiller PE Ratio of today is 69.36.

During the past 13 years, the highest Shiller PE Ratio of VIP Industries was 81.12. The lowest was 54.44. And the median was 69.68.


VIP Industries E10 Historical Data

The historical data trend for VIP Industries'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.

VIP Industries E10 Chart

VIP Industries 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 - - - 8.60 6.98

VIP Industries 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 8.60 8.74 9.17 8.50 6.98

Competitive Comparison of VIP Industries's E10

For the Footwear & Accessories subindustry, VIP Industries'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.


VIP Industries's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VIP Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where VIP Industries's Shiller PE Ratio falls into.



VIP Industries 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, VIP Industries'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)
=-1.68/153.0345*153.0345
=-1.680

Current CPI (Mar. 2024) = 153.0345.

VIP Industries Quarterly Data

per share eps CPI Adj_EPS
201203 0.580 76.889 1.154
201303 0.430 85.687 0.768
201403 1.400 91.425 2.343
201503 0.700 97.163 1.103
201506 1.810 99.841 2.774
201509 1.240 101.753 1.865
201512 0.740 102.901 1.101
201603 0.910 102.518 1.358
201606 2.220 105.961 3.206
201609 1.320 105.961 1.906
201612 1.130 105.196 1.644
201703 1.350 105.196 1.964
201706 2.900 107.109 4.143
201709 1.686 109.021 2.367
201712 1.900 109.404 2.658
201803 2.480 109.786 3.457
201806 4.480 111.317 6.159
201809 2.320 115.142 3.083
201812 1.690 115.142 2.246
201903 1.790 118.202 2.317
201906 2.480 120.880 3.140
201909 2.330 123.175 2.895
201912 2.420 126.235 2.934
202003 0.680 124.705 0.834
202006 -3.630 127.000 -4.374
202009 -2.500 130.118 -2.940
202012 -0.500 130.889 -0.585
202103 -0.270 131.771 -0.314
202106 0.180 134.084 0.205
202109 1.310 135.847 1.476
202112 2.350 138.161 2.603
202203 0.870 138.822 0.959
202206 4.860 142.347 5.225
202209 3.060 144.661 3.237
202212 3.100 145.763 3.255
202303 -0.300 146.865 -0.313
202306 4.060 150.280 4.134
202309 0.940 151.492 0.950
202312 0.500 152.924 0.500
202403 -1.680 153.035 -1.680

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


VIP Industries  (BOM:507880) 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.

VIP Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=484.15/6.98
=69.36

* 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 VIP Industries was 81.12. The lowest was 54.44. And the median was 69.68.


Be Aware

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


VIP Industries E10 Related Terms

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


VIP Industries (BOM:507880) Business Description

Traded in Other Exchanges
Address
88-C, Old Prabhadevi Road, DGP House, 5th Floor, Mumbai, MH, IND, 400 025
VIP Industries Ltd is a luggage manufacturer based in India. The company's only segment is the manufacturing and marketing of luggage, bags, and accessories. Geographically, it derives a majority of revenue from India. VIP has a range of brands across luggage categories including Carlton, VIP Bags, Skybags, Aristocrat, Alfa, and Caprese through which it sells trolleys, rucksacks, backpacks, duffel bags, laptop bags, travel accessories, short-haul essentials, soft uprights, vanity cases, hard suitcases, briefcases, and uprights, among others.

VIP Industries (BOM:507880) Headlines

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