GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Abans Enterprises Ltd (BOM:512165) » Definitions » E10

Abans Enterprises (BOM:512165) E10 : ₹9.90 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Abans Enterprises 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.

Abans Enterprises's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹-0.946. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹9.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Abans Enterprises's average E10 Growth Rate was 3.80% 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 (2024-06-14), Abans Enterprises's current stock price is ₹131.25. Abans Enterprises's E10 for the quarter that ended in Mar. 2024 was ₹9.90. Abans Enterprises's Shiller PE Ratio of today is 13.26.

During the past 13 years, the highest Shiller PE Ratio of Abans Enterprises was 21.03. The lowest was 10.12. And the median was 16.58.


Abans Enterprises E10 Historical Data

The historical data trend for Abans Enterprises'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.

Abans Enterprises E10 Chart

Abans Enterprises 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 - - - 9.54 9.90

Abans Enterprises 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 9.54 10.05 10.04 10.24 9.90

Competitive Comparison of Abans Enterprises's E10

For the Capital Markets subindustry, Abans Enterprises'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.


Abans Enterprises's Shiller PE Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where Abans Enterprises's Shiller PE Ratio falls into.



Abans Enterprises 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, Abans Enterprises'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)
=-0.946/153.0345*153.0345
=-0.946

Current CPI (Mar. 2024) = 153.0345.

Abans Enterprises Quarterly Data

per share eps CPI Adj_EPS
201406 -0.014 94.103 -0.023
201409 -0.006 96.780 -0.009
201412 0.003 96.780 0.005
201503 0.990 97.163 1.559
201506 0.180 99.841 0.276
201509 0.040 101.753 0.060
201512 0.040 102.901 0.059
201603 -0.030 102.518 -0.045
201606 0.040 105.961 0.058
201609 0.010 105.961 0.014
201612 0.020 105.196 0.029
201703 0.010 105.196 0.015
201706 0.050 107.109 0.071
201709 0.020 109.021 0.028
201712 0.030 109.404 0.042
201803 0.030 109.786 0.042
201806 0.080 111.317 0.110
201809 0.390 115.142 0.518
201812 0.300 115.142 0.399
201903 0.240 118.202 0.311
201906 2.610 120.880 3.304
201909 7.530 123.175 9.355
201912 6.540 126.235 7.928
202003 3.130 124.705 3.841
202006 4.540 127.000 5.471
202009 4.500 130.118 5.293
202012 8.069 130.889 9.434
202103 7.192 131.771 8.353
202106 1.540 134.084 1.758
202109 4.077 135.847 4.593
202112 3.798 138.161 4.207
202203 10.570 138.822 11.652
202206 6.650 142.347 7.149
202209 2.150 144.661 2.274
202212 2.770 145.763 2.908
202303 0.937 146.865 0.976
202306 2.570 150.280 2.617
202309 1.660 151.492 1.677
202312 3.627 152.924 3.630
202403 -0.946 153.035 -0.946

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


Abans Enterprises  (BOM:512165) 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.

Abans Enterprises's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=131.25/9.9
=13.26

* 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 Abans Enterprises was 21.03. The lowest was 10.12. And the median was 16.58.


Be Aware

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


Abans Enterprises E10 Related Terms

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


Abans Enterprises (BOM:512165) Business Description

Traded in Other Exchanges
N/A
Address
227 Nariman Bhavan, 36, 37, 38A, 3rd Floor, Backbay Reclamation, Nariman Point, Mumbai, MH, IND, 400 021
Abans Enterprises Ltd is involved in the business of trading, processing, broking, and consulting in commodities, agricultural products, precious metals, shares, and derivatives in electronic exchanges. The company's operating segment includes General Trading of commodities and Trading in Derivatives. It generates maximum revenue from the General Trading of commodities segment.

Abans Enterprises (BOM:512165) Headlines

No Headlines