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Pro Fin Capital Services (BOM:511557) E10 : ₹0.05 (As of Dec. 2023)


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What is Pro Fin Capital Services 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.

Pro Fin Capital Services's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹0.035. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.05 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Pro Fin Capital Services's average E10 Growth Rate was 66.70% 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 (2024-05-27), Pro Fin Capital Services's current stock price is ₹1.09. Pro Fin Capital Services's E10 for the quarter that ended in Dec. 2023 was ₹0.05. Pro Fin Capital Services's Shiller PE Ratio of today is 21.80.

During the past 13 years, the highest Shiller PE Ratio of Pro Fin Capital Services was 431.50. The lowest was 19.40. And the median was 33.80.


Pro Fin Capital Services E10 Historical Data

The historical data trend for Pro Fin Capital Services'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.

Pro Fin Capital Services E10 Chart

Pro Fin Capital Services 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 - - -2.34 0.02 0.04

Pro Fin Capital Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.03 0.04 0.05 0.05 0.05

Competitive Comparison of Pro Fin Capital Services's E10

For the Capital Markets subindustry, Pro Fin Capital Services'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.


Pro Fin Capital Services's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Pro Fin Capital Services's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Pro Fin Capital Services's Shiller PE Ratio falls into.



Pro Fin Capital Services 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, Pro Fin Capital Services's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.035/152.9243*152.9243
=0.035

Current CPI (Dec. 2023) = 152.9243.

Pro Fin Capital Services Quarterly Data

per share eps CPI Adj_EPS
201403 -0.001 91.425 -0.002
201406 0.011 94.103 0.018
201409 0.010 96.780 0.016
201412 0.018 96.780 0.028
201503 -0.025 97.163 -0.039
201506 0.032 99.841 0.049
201509 0.038 101.753 0.057
201512 0.016 102.901 0.024
201603 -0.041 102.518 -0.061
201606 0.031 105.961 0.045
201609 0.048 105.961 0.069
201612 0.062 105.196 0.090
201703 -0.129 105.196 -0.188
201706 0.054 107.109 0.077
201709 0.055 109.021 0.077
201712 -0.048 109.404 -0.067
201803 -0.016 109.786 -0.022
201806 0.036 111.317 0.049
201809 0.045 115.142 0.060
201812 0.001 115.142 0.001
201903 -0.030 118.202 -0.039
201906 0.035 120.880 0.044
201909 0.034 123.175 0.042
201912 0.039 126.235 0.047
202003 0.017 124.705 0.021
202006 0.018 127.000 0.022
202009 0.019 130.118 0.022
202012 0.012 130.889 0.014
202103 -0.382 131.771 -0.443
202106 0.017 134.084 0.019
202109 0.002 135.847 0.002
202112 0.012 138.161 0.013
202203 0.161 138.822 0.177
202206 0.084 142.347 0.090
202209 0.011 144.661 0.012
202212 0.006 145.763 0.006
202303 0.016 146.865 0.017
202306 0.089 150.280 0.091
202309 0.032 151.492 0.032
202312 0.035 152.924 0.035

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


Pro Fin Capital Services  (BOM:511557) 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.

Pro Fin Capital Services's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.09/0.05
=21.80

* 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 Pro Fin Capital Services was 431.50. The lowest was 19.40. And the median was 33.80.


Be Aware

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


Pro Fin Capital Services E10 Related Terms

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


Pro Fin Capital Services (BOM:511557) Business Description

Traded in Other Exchanges
N/A
Address
Western Express Highway, B-503, Western Edge 2, Borivali (East), Mumbai, MH, IND, 400066
Pro Fin Capital Services Ltd is a non-banking finance company. It provides financial services and solutions such as trading, currency derivatives, commodities, and depository services. The company offers services on the both National Stock Exchange and Bombay Stock Exchange platforms. Geographically all the business activities functioned through the regions of India. Revenue is generated from the sale of shares, processing charges, and interest received. The majority of the revenue is generated from the interest that is received.

Pro Fin Capital Services (BOM:511557) Headlines

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