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Panama Petrochem (BOM:524820) E10 : ₹19.49 (As of Mar. 2024)


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What is Panama Petrochem 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.

Panama Petrochem's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹10.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹19.49 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Panama Petrochem's average E10 Growth Rate was 14.20% 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 (2024-06-04), Panama Petrochem's current stock price is ₹357.45. Panama Petrochem's E10 for the quarter that ended in Mar. 2024 was ₹19.49. Panama Petrochem's Shiller PE Ratio of today is 18.34.

During the past 13 years, the highest Shiller PE Ratio of Panama Petrochem was 27.58. The lowest was 15.92. And the median was 18.42.


Panama Petrochem E10 Historical Data

The historical data trend for Panama Petrochem'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.

Panama Petrochem E10 Chart

Panama Petrochem 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 - - 12.74 17.06 19.49

Panama Petrochem 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 17.06 18.18 18.43 18.67 19.49

Competitive Comparison of Panama Petrochem's E10

For the Oil & Gas Refining & Marketing subindustry, Panama Petrochem'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.


Panama Petrochem's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Panama Petrochem's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Panama Petrochem's Shiller PE Ratio falls into.



Panama Petrochem 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, Panama Petrochem'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)
=10.08/153.0345*153.0345
=10.080

Current CPI (Mar. 2024) = 153.0345.

Panama Petrochem Quarterly Data

per share eps CPI Adj_EPS
201406 1.107 94.103 1.800
201409 0.667 96.780 1.055
201412 0.253 96.780 0.400
201503 0.900 97.163 1.418
201506 1.380 99.841 2.115
201509 0.933 101.753 1.403
201512 1.046 102.901 1.556
201603 0.800 102.518 1.194
201606 1.540 105.961 2.224
201609 1.607 105.961 2.321
201612 1.910 105.196 2.779
201703 2.190 105.196 3.186
201706 2.400 107.109 3.429
201709 2.480 109.021 3.481
201712 2.820 109.404 3.945
201803 2.370 109.786 3.304
201806 1.720 111.317 2.365
201809 1.780 115.142 2.366
201812 2.600 115.142 3.456
201903 2.480 118.202 3.211
201906 1.270 120.880 1.608
201909 1.380 123.175 1.715
201912 1.050 126.235 1.273
202003 1.060 124.705 1.301
202006 0.620 127.000 0.747
202009 3.050 130.118 3.587
202012 8.780 130.889 10.266
202103 9.910 131.771 11.509
202106 9.600 134.084 10.957
202109 10.240 135.847 11.536
202112 8.950 138.161 9.914
202203 9.300 138.822 10.252
202206 10.670 142.347 11.471
202209 11.150 144.661 11.795
202212 8.290 145.763 8.704
202303 8.400 146.865 8.753
202306 7.590 150.280 7.729
202309 7.750 151.492 7.829
202312 6.840 152.924 6.845
202403 10.080 153.035 10.080

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


Panama Petrochem  (BOM:524820) 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.

Panama Petrochem's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=357.45/19.49
=18.34

* 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 Panama Petrochem was 27.58. The lowest was 15.92. And the median was 18.42.


Be Aware

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


Panama Petrochem E10 Related Terms

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


Panama Petrochem (BOM:524820) Business Description

Traded in Other Exchanges
Address
24, Turner Road, No. 401, Aza House, Next to Andhra Bank, Bandra (West), Mumbai, MH, IND, 400 050
Panama Petrochem Ltd manufactures and exports petroleum specialty products. Its products are white oil/liquid paraffin oil, petroleum jelly, transformer oil, rubber process oil, industrial oils and greases, drilling fluids, and others. The products are used in inks and resins, printing, textiles, rubber, pharmaceuticals, cosmetics, power, cables, and for other industrial purposes. The geographical segment of the sales is divided into two segments Domestic and Overseas.

Panama Petrochem (BOM:524820) Headlines

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