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Coventry Coil-O-Matic (Haryana) (BOM:523415) E10 : ₹-4.62 (As of Sep. 2023)


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What is Coventry Coil-O-Matic (Haryana) 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.

Coventry Coil-O-Matic (Haryana)'s adjusted earnings per share data for the three months ended in Sep. 2023 was ₹-2.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-4.62 for the trailing ten years ended in Sep. 2023.

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 (2024-06-01), Coventry Coil-O-Matic (Haryana)'s current stock price is ₹1.58. Coventry Coil-O-Matic (Haryana)'s E10 for the quarter that ended in Sep. 2023 was ₹-4.62. Coventry Coil-O-Matic (Haryana)'s Shiller PE Ratio of today is .


Coventry Coil-O-Matic (Haryana) E10 Historical Data

The historical data trend for Coventry Coil-O-Matic (Haryana)'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.

Coventry Coil-O-Matic (Haryana) E10 Chart

Coventry Coil-O-Matic (Haryana) 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 - - -4.52 -4.39 -4.47

Coventry Coil-O-Matic (Haryana) Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -4.63 -4.58 -4.47 -4.52 -4.62

Competitive Comparison of Coventry Coil-O-Matic (Haryana)'s E10

For the Auto Parts subindustry, Coventry Coil-O-Matic (Haryana)'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.


Coventry Coil-O-Matic (Haryana)'s Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Coventry Coil-O-Matic (Haryana)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Coventry Coil-O-Matic (Haryana)'s Shiller PE Ratio falls into.



Coventry Coil-O-Matic (Haryana) 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, Coventry Coil-O-Matic (Haryana)'s adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-2.47/151.4920*151.4920
=-2.470

Current CPI (Sep. 2023) = 151.4920.

Coventry Coil-O-Matic (Haryana) Quarterly Data

per share eps CPI Adj_EPS
201312 -2.810 91.425 -4.656
201403 0.150 91.425 0.249
201406 -1.780 94.103 -2.866
201409 -3.100 96.780 -4.852
201412 -1.370 96.780 -2.144
201503 -2.450 97.163 -3.820
201506 -1.340 99.841 -2.033
201509 -1.160 101.753 -1.727
201512 -1.510 102.901 -2.223
201603 -0.930 102.518 -1.374
201606 -1.270 105.961 -1.816
201609 -0.910 105.961 -1.301
201612 -0.580 105.196 -0.835
201703 -1.230 105.196 -1.771
201706 -0.540 107.109 -0.764
201709 -0.840 109.021 -1.167
201712 -0.680 109.404 -0.942
201803 -0.300 109.786 -0.414
201806 -0.460 111.317 -0.626
201809 -0.810 115.142 -1.066
201812 -1.000 115.142 -1.316
201903 -1.380 118.202 -1.769
201906 -1.100 120.880 -1.379
201909 -1.570 123.175 -1.931
201912 -1.230 126.235 -1.476
202003 -0.800 124.705 -0.972
202006 -1.820 127.000 -2.171
202009 1.700 130.118 1.979
202012 1.240 130.889 1.435
202103 -2.190 131.771 -2.518
202106 0.310 134.084 0.350
202109 -0.040 135.847 -0.045
202112 0.100 138.161 0.110
202203 2.430 138.822 2.652
202206 -0.710 142.347 -0.756
202209 1.000 144.661 1.047
202212 0.670 145.763 0.696
202303 -0.400 146.865 -0.413
202306 -1.070 150.280 -1.079
202309 -2.470 151.492 -2.470

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


Coventry Coil-O-Matic (Haryana)  (BOM:523415) 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.


Be Aware

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


Coventry Coil-O-Matic (Haryana) E10 Related Terms

Thank you for viewing the detailed overview of Coventry Coil-O-Matic (Haryana)'s E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Coventry Coil-O-Matic (Haryana) (BOM:523415) Business Description

Traded in Other Exchanges
N/A
Address
87 KM, Delhi – Jaipur Road (NH-8), Village Salawas, PO Sangwari, Rewari, HR, IND, 123 401
Coventry Coil-O-Matic (Haryana) Ltd is engaged in the manufacturing of Auto Suspension Springs as well as Power Brake Actuator Springs for Commercial Vehicles. It also offers barrel, conical, hour-glass, pig-tail clutches, circuit breakers, dampers, dies, motors, pressure switches, pressure plates, trunk lid, door checker, hinges, engine valves, and ejectors. The Company is primarily engaged in the manufacturing of Cold-Formed Coil Springs. Geographically it operates through the region of India.

Coventry Coil-O-Matic (Haryana) (BOM:523415) Headlines

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