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V B Industries (BOM:539123) E10 : ₹-0.36 (As of Mar. 2024)


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What is V B Industries 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.

V B Industries's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹-0.572. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-0.36 for the trailing ten years ended in Mar. 2024.

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 (2024-06-08), V B Industries's current stock price is ₹6.96. V B Industries's E10 for the quarter that ended in Mar. 2024 was ₹-0.36. V B Industries's Shiller PE Ratio of today is .


V B Industries E10 Historical Data

The historical data trend for V B Industries'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.

V B Industries E10 Chart

V B Industries 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 - - - - -0.36

V B Industries 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 - - -0.30 -0.29 -0.36

Competitive Comparison of V B Industries's E10

For the Capital Markets subindustry, V B Industries'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.


V B Industries's Shiller PE Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where V B Industries's Shiller PE Ratio falls into.



V B Industries 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, V B Industries'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)
=-0.572/153.0345*153.0345
=-0.572

Current CPI (Mar. 2024) = 153.0345.

V B Industries Quarterly Data

per share eps CPI Adj_EPS
201406 0.050 94.103 0.081
201409 0.083 96.780 0.131
201412 0.090 96.780 0.142
201503 -0.105 97.163 -0.165
201506 0.540 99.841 0.828
201509 0.250 101.753 0.376
201512 0.270 102.901 0.402
201603 -0.830 102.518 -1.239
201606 0.390 105.961 0.563
201609 0.580 105.961 0.838
201612 -0.370 105.196 -0.538
201703 -0.560 105.196 -0.815
201706 0.310 107.109 0.443
201709 0.100 109.021 0.140
201712 0.030 109.404 0.042
201803 -0.360 109.786 -0.502
201806 0.030 111.317 0.041
201809 0.047 115.142 0.062
201812 0.025 115.142 0.033
201903 -0.040 118.202 -0.052
201906 0.087 120.880 0.110
201909 0.103 123.175 0.128
201912 0.030 126.235 0.036
202003 -3.735 124.705 -4.583
202006 0.187 127.000 0.225
202009 0.197 130.118 0.232
202012 0.105 130.889 0.123
202103 -0.729 131.771 -0.847
202106 0.133 134.084 0.152
202109 0.149 135.847 0.168
202112 0.170 138.161 0.188
202203 -0.421 138.822 -0.464
202206 0.154 142.347 0.166
202209 0.165 144.661 0.175
202212 0.166 145.763 0.174
202303 -0.398 146.865 -0.415
202306 0.197 150.280 0.201
202309 0.232 151.492 0.234
202312 0.205 152.924 0.205
202403 -0.572 153.035 -0.572

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


V B Industries  (BOM:539123) 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.


V B Industries E10 Related Terms

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


V B Industries (BOM:539123) Business Description

Traded in Other Exchanges
N/A
Address
P-27, Princep Street, 3rd Floor, Kolkata, WB, IND, 700 072
V B Industries Ltd is an India-based company involved in finance and investment activities. It is engaged in the single business of trading in shares and securities. The group operates in India and derives key revenue from the sale of shares.

V B Industries (BOM:539123) Headlines

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