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VST Tillers Tractors (BOM:531266) E10 : ₹117.60 (As of Mar. 2024)


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What is VST Tillers Tractors 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.

VST Tillers Tractors's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹40.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹117.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, VST Tillers Tractors's average E10 Growth Rate was 2.40% 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 (2024-06-09), VST Tillers Tractors's current stock price is ₹3734.45. VST Tillers Tractors's E10 for the quarter that ended in Mar. 2024 was ₹117.60. VST Tillers Tractors's Shiller PE Ratio of today is 31.76.

During the past 13 years, the highest Shiller PE Ratio of VST Tillers Tractors was 34.07. The lowest was 18.95. And the median was 23.94.


VST Tillers Tractors E10 Historical Data

The historical data trend for VST Tillers Tractors'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.

VST Tillers Tractors E10 Chart

VST Tillers Tractors 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 - - 107.79 114.85 117.60

VST Tillers Tractors 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 114.85 117.73 119.42 118.32 117.60

Competitive Comparison of VST Tillers Tractors's E10

For the Farm & Heavy Construction Machinery subindustry, VST Tillers Tractors'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.


VST Tillers Tractors's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, VST Tillers Tractors's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where VST Tillers Tractors's Shiller PE Ratio falls into.



VST Tillers Tractors 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, VST Tillers Tractors'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)
=40.19/153.0345*153.0345
=40.190

Current CPI (Mar. 2024) = 153.0345.

VST Tillers Tractors Quarterly Data

per share eps CPI Adj_EPS
201406 22.630 94.103 36.802
201409 21.890 96.780 34.614
201412 13.940 96.780 22.043
201503 22.000 97.163 34.651
201506 24.120 99.841 36.971
201509 18.680 101.753 28.094
201512 20.500 102.901 30.488
201603 22.510 102.518 33.602
201606 27.730 105.961 40.049
201609 24.932 105.961 36.008
201612 14.640 105.196 21.298
201703 24.590 105.196 35.772
201706 32.620 107.109 46.607
201709 21.640 109.021 30.376
201712 36.320 109.404 50.805
201803 39.010 109.786 54.377
201806 16.640 111.317 22.876
201809 10.640 115.142 14.142
201812 11.700 115.142 15.550
201903 14.350 118.202 18.579
201906 13.370 120.880 16.926
201909 7.380 123.175 9.169
201912 4.020 126.235 4.873
202003 -3.920 124.705 -4.811
202006 19.760 127.000 23.811
202009 34.650 130.118 40.753
202012 35.680 130.889 41.717
202103 14.970 131.771 17.386
202106 27.790 134.084 31.718
202109 37.210 135.847 41.918
202112 24.360 138.161 26.982
202203 25.580 138.822 28.199
202206 11.630 142.347 12.503
202209 26.320 144.661 27.843
202212 22.490 145.763 23.612
202303 46.460 146.865 48.412
202306 38.190 150.280 38.890
202309 42.190 151.492 42.620
202312 19.530 152.924 19.544
202403 40.190 153.035 40.190

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


VST Tillers Tractors  (BOM:531266) 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.

VST Tillers Tractors's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3734.45/117.6
=31.76

* 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 VST Tillers Tractors was 34.07. The lowest was 18.95. And the median was 23.94.


Be Aware

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


VST Tillers Tractors E10 Related Terms

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


VST Tillers Tractors (BOM:531266) Business Description

Traded in Other Exchanges
Address
Whitefield Road, Plot No. 1, Dyavasandra Industrial Layout, Mahadevapura Post, Bengaluru, KA, IND, 560048
VST Tillers Tractors Ltd is in the business of manufacturing and trading of the agricultural, plantation, and horticultural machinery and components. Its products are power tillers and tractors, transplanters, binders, reapers, engines, precision/ auto components, and agricultural implements. The company mainly operates in India and exports its products to Africa, Netherlands, Poland, and Other countries. The company derives all of its revenue from the manufacturing and trading of the agriculture machinery segment.

VST Tillers Tractors (BOM:531266) Headlines

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