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Jet Airways (India) (BOM:532617) E10 : ₹-179.73 (As of Jun. 2023)


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What is Jet Airways (India) 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.

Jet Airways (India)'s adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was ₹-88.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-179.73 for the trailing ten years ended in Mar. 2023.

During the past 3 years, the average E10 Growth Rate was -0.10% per year. During the past 5 years, the average E10 Growth Rate was -7.20% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Jet Airways (India) was 2.40% per year. The lowest was -16.20% per year. And the median was -5.20% per year.

As of today (2024-05-24), Jet Airways (India)'s current stock price is ₹ 45.45. Jet Airways (India)'s E10 for the fiscal year that ended in Mar. 2023 was ₹-179.73. Jet Airways (India)'s Shiller PE Ratio of today is .


Jet Airways (India) E10 Historical Data

The historical data trend for Jet Airways (India)'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.

Jet Airways (India) E10 Chart

Jet Airways (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -155.11 -179.32 -188.97 -176.18 -179.73

Jet Airways (India) Quarterly Data
Mar17 Mar18 Sep18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - - - -179.73 -

Competitive Comparison of Jet Airways (India)'s E10

For the Airlines subindustry, Jet Airways (India)'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.


Jet Airways (India)'s Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jet Airways (India)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Jet Airways (India)'s Shiller PE Ratio falls into.



Jet Airways (India) 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, Jet Airways (India)'s adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-88.21/146.8646*146.8646
=-88.210

Current CPI (Mar. 2023) = 146.8646.

Jet Airways (India) Annual Data

per_share_eps CPI Adj_EPS
201403 -429.320 91.425 -689.658
201503 -184.640 97.163 -279.089
201603 106.660 102.518 152.798
201703 131.930 105.196 184.188
201803 -67.570 109.786 -90.390
201903 -487.313 118.202 -605.480
202003 -250.130 124.705 -294.577
202103 -13.380 131.771 -14.913
202203 -68.010 138.822 -71.950
202303 -88.210 146.865 -88.210

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


Jet Airways (India)  (BOM:532617) 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.


Be Aware

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


Jet Airways (India) E10 Related Terms

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Jet Airways (India) (BOM:532617) Business Description

Traded in Other Exchanges
Address
252, LBS Marg, Global One, 3rd Floor, Kurla (West), Mumbai, MH, IND, 400070
Jet Airways (India) Ltd is an international airline operating out of India. The company principal activities include carriage of passengers and cargo in Domestic and International sectors. Passenger tickets may be purchased on its website and through mobile applications. It has arrangements with multiple international airlines to expand global destinations and increase access for customers. Additionally, multiple partnerships with hotels, dining and others allow customers to make accommodations for an entire trip. Geographically, it derives a majority of revenue from India.

Jet Airways (India) (BOM:532617) Headlines

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