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Mahaan Foods (BOM:519612) E10 : ₹2.73 (As of Dec. 2023)


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What is Mahaan Foods 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.

Mahaan Foods's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹-0.360. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.73 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mahaan Foods's average E10 Growth Rate was -47.00% 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 (2024-05-28), Mahaan Foods's current stock price is ₹54.21. Mahaan Foods's E10 for the quarter that ended in Dec. 2023 was ₹2.73. Mahaan Foods's Shiller PE Ratio of today is 19.86.

During the past 13 years, the highest Shiller PE Ratio of Mahaan Foods was 19.71. The lowest was 1.20. And the median was 3.79.


Mahaan Foods E10 Historical Data

The historical data trend for Mahaan Foods'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.

Mahaan Foods E10 Chart

Mahaan Foods 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 - - 6.16 1.81 2.12

Mahaan Foods 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 5.15 2.12 2.70 2.69 2.73

Competitive Comparison of Mahaan Foods's E10

For the Packaged Foods subindustry, Mahaan Foods'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.


Mahaan Foods's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mahaan Foods's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mahaan Foods's Shiller PE Ratio falls into.



Mahaan Foods 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, Mahaan Foods'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)
=-0.36/152.9243*152.9243
=-0.360

Current CPI (Dec. 2023) = 152.9243.

Mahaan Foods Quarterly Data

per share eps CPI Adj_EPS
201403 5.590 91.425 9.350
201406 -0.880 94.103 -1.430
201409 0.080 96.780 0.126
201412 -0.020 96.780 -0.032
201503 1.940 97.163 3.053
201506 -0.130 99.841 -0.199
201509 0.130 101.753 0.195
201512 0.330 102.901 0.490
201603 0.080 102.518 0.119
201606 -3.240 105.961 -4.676
201609 -1.570 105.961 -2.266
201612 0.300 105.196 0.436
201703 -1.766 105.196 -2.567
201706 0.030 107.109 0.043
201709 0.090 109.021 0.126
201712 0.050 109.404 0.070
201803 3.708 109.786 5.165
201806 0.000 111.317 0.000
201809 -0.070 115.142 -0.093
201812 8.900 115.142 11.820
201903 0.310 118.202 0.401
201906 0.590 120.880 0.746
201909 0.110 123.175 0.137
201912 2.050 126.235 2.483
202003 0.260 124.705 0.319
202006 0.140 127.000 0.169
202009 0.410 130.118 0.482
202012 0.140 130.889 0.164
202103 -0.400 131.771 -0.464
202106 -0.003 134.084 -0.003
202109 0.140 135.847 0.158
202112 0.220 138.161 0.244
202203 0.077 138.822 0.085
202206 0.080 142.347 0.086
202209 -0.010 144.661 -0.011
202212 0.310 145.763 0.325
202303 0.574 146.865 0.598
202306 0.008 150.280 0.008
202309 1.340 151.492 1.353
202312 -0.360 152.924 -0.360

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


Mahaan Foods  (BOM:519612) 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.

Mahaan Foods's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=54.21/2.73
=19.86

* 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 Mahaan Foods was 19.71. The lowest was 1.20. And the median was 3.79.


Be Aware

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


Mahaan Foods E10 Related Terms

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


Mahaan Foods (BOM:519612) Business Description

Traded in Other Exchanges
N/A
Address
M-19, 1st Floor, M-Block Market, Greater Kailash-II, New Delhi, IND, 110048
Mahaan Foods Ltd is engaged in the manufacturing of dairy products and pharma nutritional products. Its products are Skimmed Milk Powder, Full Cream Milk Powder, Pure Ghee, Dairy Creamer, Pastry Powder, and others.

Mahaan Foods (BOM:519612) Headlines

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