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Cochin Minerals & Rutile (BOM:513353) E10 : ₹5.90 (As of Dec. 2023)


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What is Cochin Minerals & Rutile 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.

Cochin Minerals & Rutile's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹12.880. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹5.90 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cochin Minerals & Rutile's average E10 Growth Rate was 646.80% per year. During the past 3 years, the average E10 Growth Rate was -44.60% 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 Cochin Minerals & Rutile was -44.60% per year. The lowest was -44.60% per year. And the median was -44.60% per year.

As of today (2024-05-28), Cochin Minerals & Rutile's current stock price is ₹306.40. Cochin Minerals & Rutile's E10 for the quarter that ended in Dec. 2023 was ₹5.90. Cochin Minerals & Rutile's Shiller PE Ratio of today is 51.93.

During the past 13 years, the highest Shiller PE Ratio of Cochin Minerals & Rutile was 435.13. The lowest was 5.56. And the median was 10.78.


Cochin Minerals & Rutile E10 Historical Data

The historical data trend for Cochin Minerals & Rutile'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.

Cochin Minerals & Rutile E10 Chart

Cochin Minerals & Rutile Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 15.95 16.73 5.09 2.71

Cochin Minerals & Rutile Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.79 2.71 3.43 4.48 5.90

Competitive Comparison of Cochin Minerals & Rutile's E10

For the Other Industrial Metals & Mining subindustry, Cochin Minerals & Rutile'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.


Cochin Minerals & Rutile's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Cochin Minerals & Rutile's Shiller PE Ratio falls into.



Cochin Minerals & Rutile 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, Cochin Minerals & Rutile's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=12.88/152.9243*152.9243
=12.880

Current CPI (Dec. 2023) = 152.9243.

Cochin Minerals & Rutile Quarterly Data

per share eps CPI Adj_EPS
201403 1.459 91.425 2.440
201406 -4.301 94.103 -6.989
201409 -6.861 96.780 -10.841
201412 -16.911 96.780 -26.721
201503 0.607 97.163 0.955
201506 -3.926 99.841 -6.013
201509 -7.253 101.753 -10.900
201512 -6.272 102.901 -9.321
201603 -0.478 102.518 -0.713
201606 -1.685 105.961 -2.432
201609 -1.280 105.961 -1.847
201612 -2.770 105.196 -4.027
201703 -1.729 105.196 -2.513
201706 -1.820 107.109 -2.599
201709 0.200 109.021 0.281
201712 0.410 109.404 0.573
201803 2.920 109.786 4.067
201806 1.360 111.317 1.868
201809 2.130 115.142 2.829
201812 3.430 115.142 4.556
201903 0.070 118.202 0.091
201906 4.140 120.880 5.237
201909 3.040 123.175 3.774
201912 3.240 126.235 3.925
202003 -2.770 124.705 -3.397
202006 3.200 127.000 3.853
202009 3.880 130.118 4.560
202012 1.670 130.889 1.951
202103 1.610 131.771 1.868
202106 -1.170 134.084 -1.334
202109 -0.950 135.847 -1.069
202112 0.370 138.161 0.410
202203 9.680 138.822 10.663
202206 10.780 142.347 11.581
202209 23.220 144.661 24.546
202212 21.470 145.763 22.525
202303 16.600 146.865 17.285
202306 2.890 150.280 2.941
202309 4.050 151.492 4.088
202312 12.880 152.924 12.880

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


Cochin Minerals & Rutile  (BOM:513353) 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.

Cochin Minerals & Rutile's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=306.40/5.9
=51.93

* 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 Cochin Minerals & Rutile was 435.13. The lowest was 5.56. And the median was 10.78.


Be Aware

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


Cochin Minerals & Rutile E10 Related Terms

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


Cochin Minerals & Rutile (BOM:513353) Business Description

Traded in Other Exchanges
N/A
Address
VIII/224, Market Road, Post Box No. 73, Alwaye, KL, IND, 683 101
Cochin Minerals & Rutile Ltd is an export-oriented unit in the mineral processing sector. The principal business activities of the company are manufacturing, research and marketing of aqua ferric chloride. Its by-product offerings include beneficiated ilmenite (synthetic rutile), ferric chloride, ferrous chloride, cemox, iron hydroxide, and recovered TiO2. The company's main product synthetic rutile is used in titanium pigment and titanium sponge/metal industry.

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