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Schaeffler India (NSE:SCHAEFFLER) E10 : ₹43.94 (As of Mar. 2024)


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What is Schaeffler 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.

Schaeffler India's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹14.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹43.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Schaeffler India's average E10 Growth Rate was 12.20% per year. During the past 3 years, the average E10 Growth Rate was -3.50% 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 Schaeffler India was -3.50% per year. The lowest was -23.50% per year. And the median was -13.50% per year.

As of today (2024-06-12), Schaeffler India's current stock price is ₹4340.45. Schaeffler India's E10 for the quarter that ended in Mar. 2024 was ₹43.94. Schaeffler India's Shiller PE Ratio of today is 98.78.

During the past 13 years, the highest Shiller PE Ratio of Schaeffler India was 105.07. The lowest was 8.07. And the median was 55.33.


Schaeffler India E10 Historical Data

The historical data trend for Schaeffler 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.

Schaeffler India E10 Chart

Schaeffler India Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.87 48.02 33.87 37.99 43.20

Schaeffler India 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 39.16 41.06 42.16 43.20 43.94

Competitive Comparison of Schaeffler India's E10

For the Auto Parts subindustry, Schaeffler 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.


Schaeffler India's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Schaeffler India's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Schaeffler India's Shiller PE Ratio falls into.



Schaeffler 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, Schaeffler India'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)
=14.1/153.0345*153.0345
=14.100

Current CPI (Mar. 2024) = 153.0345.

Schaeffler India Quarterly Data

per share eps CPI Adj_EPS
201406 4.906 94.103 7.978
201409 4.514 96.780 7.138
201412 4.806 96.780 7.600
201503 4.982 97.163 7.847
201506 5.930 99.841 9.089
201509 6.090 101.753 9.159
201512 6.766 102.901 10.062
201603 4.990 102.518 7.449
201606 5.576 105.961 8.053
201609 6.320 105.961 9.128
201612 6.580 105.196 9.572
201703 6.920 105.196 10.067
201706 6.500 107.109 9.287
201709 7.054 109.021 9.902
201712 6.660 109.404 9.316
201803 7.080 109.786 9.869
201806 7.120 111.317 9.788
201809 5.800 115.142 7.709
201812 6.860 115.142 9.118
201903 6.800 118.202 8.804
201906 5.280 120.880 6.685
201909 6.040 123.175 7.504
201912 5.400 126.235 6.546
202003 5.020 124.705 6.160
202006 -2.720 127.000 -3.278
202009 7.260 130.118 8.539
202012 9.060 130.889 10.593
202103 44.500 131.771 51.681
202106 8.200 134.084 9.359
202109 10.900 135.847 12.279
202112 12.200 138.161 13.513
202203 13.300 138.822 14.662
202206 14.400 142.347 15.481
202209 13.800 144.661 14.599
202212 14.800 145.763 15.538
202303 14.000 146.865 14.588
202306 15.200 150.280 15.479
202309 14.900 151.492 15.052
202312 13.400 152.924 13.410
202403 14.100 153.035 14.100

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


Schaeffler India  (NSE:SCHAEFFLER) 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.

Schaeffler India's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4340.45/43.94
=98.78

* 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 Schaeffler India was 105.07. The lowest was 8.07. And the median was 55.33.


Be Aware

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


Schaeffler India E10 Related Terms

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


Schaeffler India (NSE:SCHAEFFLER) Business Description

Traded in Other Exchanges
Address
Amar Sadanand Tech Park, 15th Floor, Plot No 3, Survey 105/3 104/1,Baner, Baner, Pune, MH, IND, 411045
Schaeffler India Ltd is engaged in the manufacturing of rolling bearings spherical plain bearings, plain bearings, and linear products under the product brands INA and FAG. The Company supplies its products to the automotive industry. The Aftermarket business division of the company automotive is responsible for the automotive aftermarket business. Under the LuK, INA and FAG brands, it supplies components for transmissions, engines, and chassis in original equipment manufacturer quality and for all vehicle classes. Comprehensive services for repair shops and automotive distributors round out the product range. It has three segments i.e Industrial, Automotive Technologies, and Automotive Aftermarket.

Schaeffler India (NSE:SCHAEFFLER) Headlines

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