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Indo Borax & Chemicals (BOM:524342) E10 : ₹8.72 (As of Mar. 2024)


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What is Indo Borax & Chemicals 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.

Indo Borax & Chemicals's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was ₹12.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹8.72 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Indo Borax & Chemicals's average E10 Growth Rate was 13.70% per year. During the past 3 years, the average E10 Growth Rate was 18.40% per year. During the past 5 years, the average E10 Growth Rate was 18.60% 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 Indo Borax & Chemicals was 20.90% per year. The lowest was 8.30% per year. And the median was 17.70% per year.

As of today (2024-06-08), Indo Borax & Chemicals's current stock price is ₹ 161.15. Indo Borax & Chemicals's E10 for the fiscal year that ended in Mar. 2024 was ₹8.72. Indo Borax & Chemicals's Shiller PE Ratio of today is 18.48.

During the past 13 years, the highest Shiller PE Ratio of Indo Borax & Chemicals was 27.09. The lowest was 3.65. And the median was 15.39.


Indo Borax & Chemicals E10 Historical Data

The historical data trend for Indo Borax & Chemicals'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.

Indo Borax & Chemicals E10 Chart

Indo Borax & Chemicals 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 4.34 5.25 6.29 7.67 8.72

Indo Borax & Chemicals 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 7.67 - - - 8.72

Competitive Comparison of Indo Borax & Chemicals's E10

For the Chemicals subindustry, Indo Borax & Chemicals'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.


Indo Borax & Chemicals's Shiller PE Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Indo Borax & Chemicals's Shiller PE Ratio falls into.



Indo Borax & Chemicals 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, Indo Borax & Chemicals's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=12.15/153.0345*153.0345
=12.150

Current CPI (Mar. 2024) = 153.0345.

Indo Borax & Chemicals Annual Data

per_share_eps CPI Adj_EPS
201503 4.063 97.163 6.399
201603 2.876 102.518 4.293
201703 2.489 105.196 3.621
201803 4.177 109.786 5.822
201903 5.464 118.202 7.074
202003 5.281 124.705 6.481
202103 10.680 131.771 12.403
202203 11.330 138.822 12.490
202303 15.800 146.865 16.464
202403 12.150 153.035 12.150

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


Indo Borax & Chemicals  (BOM:524342) 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.

Indo Borax & Chemicals's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=161.15/8.72
=18.48

* 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 Indo Borax & Chemicals was 27.09. The lowest was 3.65. And the median was 15.39.


Be Aware

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


Indo Borax & Chemicals E10 Related Terms

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


Indo Borax & Chemicals (BOM:524342) Business Description

Traded in Other Exchanges
Address
Linking Road, 302, Link Rose, Santacruz West, Mumbai, MH, IND, 400054
Indo Borax & Chemicals Ltd is engaged in the manufacturing and selling of chemical products. The company's product offerings include Boric acid powder, Boric acid granular, Boric acid, Borax decahydrate granular and Borax decahydrate crystal. The company is operating in a single reportable segment i.e. manufacturing and selling of Chemicals. Its products Boric acid powder has applications in metallurgical operation, electroplating industry, nylon dyeing, nylon manufacturing and agricultural use. It derives revenues from the sale of manufactured goods, traded goods and related services.

Indo Borax & Chemicals (BOM:524342) Headlines

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