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Nikhil Adhesives (BOM:526159) E10 : ₹2.29 (As of Mar. 2024)


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What is Nikhil Adhesives 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.

Nikhil Adhesives's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.810. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.29 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nikhil Adhesives's average E10 Growth Rate was 18.70% per year. During the past 3 years, the average E10 Growth Rate was 83.60% 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 Nikhil Adhesives was 83.60% per year. The lowest was 83.60% per year. And the median was 83.60% per year.

As of today (2024-06-12), Nikhil Adhesives's current stock price is ₹116.40. Nikhil Adhesives's E10 for the quarter that ended in Mar. 2024 was ₹2.29. Nikhil Adhesives's Shiller PE Ratio of today is 50.83.

During the past 13 years, the highest Shiller PE Ratio of Nikhil Adhesives was 194.43. The lowest was 46.23. And the median was 61.50.


Nikhil Adhesives E10 Historical Data

The historical data trend for Nikhil Adhesives'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.

Nikhil Adhesives E10 Chart

Nikhil Adhesives 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 - 0.37 1.48 1.93 2.29

Nikhil Adhesives 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 1.93 2.08 2.16 2.24 2.29

Competitive Comparison of Nikhil Adhesives's E10

For the Specialty Chemicals subindustry, Nikhil Adhesives'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.


Nikhil Adhesives's Shiller PE Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Nikhil Adhesives's Shiller PE Ratio falls into.



Nikhil Adhesives 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, Nikhil Adhesives'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)
=0.81/153.0345*153.0345
=0.810

Current CPI (Mar. 2024) = 153.0345.

Nikhil Adhesives Quarterly Data

per share eps CPI Adj_EPS
201406 0.081 94.103 0.132
201409 0.068 96.780 0.108
201412 -0.341 96.780 -0.539
201503 0.260 97.163 0.410
201506 0.126 99.841 0.193
201509 0.072 101.753 0.108
201512 0.116 102.901 0.173
201603 0.083 102.518 0.124
201606 0.147 105.961 0.212
201609 0.077 105.961 0.111
201612 0.131 105.196 0.191
201703 0.173 105.196 0.252
201706 0.186 107.109 0.266
201709 0.217 109.021 0.305
201712 0.228 109.404 0.319
201803 0.142 109.786 0.198
201806 0.279 111.317 0.384
201809 0.189 115.142 0.251
201812 0.198 115.142 0.263
201903 0.468 118.202 0.606
201906 0.312 120.880 0.395
201909 0.498 123.175 0.619
201912 0.388 126.235 0.470
202003 0.332 124.705 0.407
202006 -0.512 127.000 -0.617
202009 0.666 130.118 0.783
202012 1.484 130.889 1.735
202103 1.769 131.771 2.054
202106 1.355 134.084 1.547
202109 1.544 135.847 1.739
202112 1.270 138.161 1.407
202203 1.330 138.822 1.466
202206 1.370 142.347 1.473
202209 0.920 144.661 0.973
202212 0.630 145.763 0.661
202303 0.790 146.865 0.823
202306 0.670 150.280 0.682
202309 0.750 151.492 0.758
202312 0.650 152.924 0.650
202403 0.810 153.035 0.810

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


Nikhil Adhesives  (BOM:526159) 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.

Nikhil Adhesives's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=116.40/2.29
=50.83

* 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 Nikhil Adhesives was 194.43. The lowest was 46.23. And the median was 61.50.


Be Aware

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


Nikhil Adhesives E10 Related Terms

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


Nikhil Adhesives (BOM:526159) Business Description

Traded in Other Exchanges
N/A
Address
Sahar Road, Kaledonia HDIL Building, 902, 9th Floor, A-Wing, Opposite D-Mart, Andheri (East), Mumbai, MH, IND, 400069
Nikhil Adhesives Ltd is an India-based company engaged in the manufacturing and trading of polymer emulsions. Its products include paint emulsions, textile emulsions, construction chemicals, and adhesives. Some of its brands are Mahacol, Formisol, Mahabond, Emdilith, Emditex, and Emdibind. It operates in two business segments: Manufacturing of Adhesives and emulsions, which is the key revenue generator; and Trading in chemicals.

Nikhil Adhesives (BOM:526159) Headlines

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