GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vinati Organics Ltd (BOM:524200) » Definitions » E10

Vinati Organics (BOM:524200) E10 : ₹29.99 (As of Mar. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Vinati Organics 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.

Vinati Organics's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹10.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹29.99 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Vinati Organics's average E10 Growth Rate was 11.40% 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 (2024-06-08), Vinati Organics's current stock price is ₹1718.70. Vinati Organics's E10 for the quarter that ended in Mar. 2024 was ₹29.99. Vinati Organics's Shiller PE Ratio of today is 57.31.

During the past 13 years, the highest Shiller PE Ratio of Vinati Organics was 97.71. The lowest was 49.70. And the median was 71.50.


Vinati Organics E10 Historical Data

The historical data trend for Vinati Organics'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.

Vinati Organics E10 Chart

Vinati Organics 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 - - 22.64 26.93 29.99

Vinati Organics 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 26.93 28.15 28.82 29.44 29.99

Competitive Comparison of Vinati Organics's E10

For the Specialty Chemicals subindustry, Vinati Organics'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.


Vinati Organics's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Vinati Organics's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Vinati Organics's Shiller PE Ratio falls into.



Vinati Organics 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, Vinati Organics'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)
=10.04/153.0345*153.0345
=10.040

Current CPI (Mar. 2024) = 153.0345.

Vinati Organics Quarterly Data

per share eps CPI Adj_EPS
201406 2.440 94.103 3.968
201409 2.755 96.780 4.356
201412 2.985 96.780 4.720
201503 3.145 97.163 4.953
201506 3.010 99.841 4.614
201509 3.010 101.753 4.527
201512 2.925 102.901 4.350
201603 3.805 102.518 5.680
201606 3.460 105.961 4.997
201609 2.975 105.961 4.297
201612 3.395 105.196 4.939
201703 3.935 105.196 5.724
201706 3.015 107.109 4.308
201709 2.825 109.021 3.965
201712 3.085 109.404 4.315
201803 5.035 109.786 7.018
201806 6.250 111.317 8.592
201809 6.330 115.142 8.413
201812 6.875 115.142 9.138
201903 8.025 118.202 10.390
201906 8.010 120.880 10.141
201909 10.700 123.175 13.294
201912 6.500 126.235 7.880
202003 7.260 124.705 8.909
202006 7.030 127.000 8.471
202009 6.040 130.118 7.104
202012 6.240 130.889 7.296
202103 6.890 131.771 8.002
202106 7.870 134.084 8.982
202109 7.910 135.847 8.911
202112 8.100 138.161 8.972
202203 9.830 138.822 10.836
202206 9.850 142.347 10.590
202209 11.290 144.661 11.943
202212 10.320 145.763 10.835
202303 10.090 146.865 10.514
202306 8.100 150.280 8.248
202309 8.190 151.492 8.273
202312 7.420 152.924 7.425
202403 10.040 153.035 10.040

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


Vinati Organics  (BOM:524200) 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.

Vinati Organics's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1718.70/29.99
=57.31

* 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 Vinati Organics was 97.71. The lowest was 49.70. And the median was 71.50.


Be Aware

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


Vinati Organics E10 Related Terms

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


Vinati Organics (BOM:524200) Business Description

Traded in Other Exchanges
Address
Parinee Crescenzo, 'A' Wing, 11th Floor, 1102, G Block, Plot No. C38 and C39, Behind MCA, Bandra-Kurla Comple, Bandra (East), Mumbai, MH, IND, 400 051
Vinati Organics Ltd is a specialty chemical company, focusing on manufacturing specialty chemicals and organic intermediaries. The company's product portfolio consists of Speciality Monomers, Speciality Aromatics, Other specialty products and Miscellaneous Polymers. Its operating segment includes the manufacturing of chemicals. The company exports products to customers across the U.S., Europe, and Asia.

Vinati Organics (BOM:524200) Headlines

No Headlines