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Karur Vysya Bank (NSE:KARURVYSYA) E10 : ₹10.71 (As of Mar. 2024)


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What is Karur Vysya Bank 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.

Karur Vysya Bank's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹5.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹10.71 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Karur Vysya Bank's average E10 Growth Rate was 13.50% per year. During the past 3 years, the average E10 Growth Rate was -28.70% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Karur Vysya Bank was -28.70% per year. The lowest was -38.50% per year. And the median was -33.60% per year.

As of today (2024-06-06), Karur Vysya Bank's current stock price is ₹194.05. Karur Vysya Bank's E10 for the quarter that ended in Mar. 2024 was ₹10.71. Karur Vysya Bank's Shiller PE Ratio of today is 18.12.

During the past 13 years, the highest Shiller PE Ratio of Karur Vysya Bank was 18.93. The lowest was 0.50. And the median was 5.33.


Karur Vysya Bank E10 Historical Data

The historical data trend for Karur Vysya Bank'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.

Karur Vysya Bank E10 Chart

Karur Vysya Bank 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 40.49 29.44 9.05 9.46 10.71

Karur Vysya Bank 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 9.46 9.79 10.11 10.47 10.71

Competitive Comparison of Karur Vysya Bank's E10

For the Banks - Regional subindustry, Karur Vysya Bank'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.


Karur Vysya Bank's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Karur Vysya Bank's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Karur Vysya Bank's Shiller PE Ratio falls into.



Karur Vysya Bank 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, Karur Vysya Bank'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)
=5.68/153.0345*153.0345
=5.680

Current CPI (Mar. 2024) = 153.0345.

Karur Vysya Bank Quarterly Data

per share eps CPI Adj_EPS
201406 1.914 94.103 3.113
201409 1.264 96.780 1.999
201412 1.731 96.780 2.737
201503 1.857 97.163 2.925
201506 1.872 99.841 2.869
201509 1.977 101.753 2.973
201512 2.124 102.901 3.159
201603 1.919 102.518 2.865
201606 2.035 105.961 2.939
201609 8.183 105.961 11.818
201612 1.508 105.196 2.194
201703 3.036 105.196 4.417
201706 2.064 107.109 2.949
201709 1.050 109.021 1.474
201712 0.950 109.404 1.329
201803 0.600 109.786 0.836
201806 0.570 111.317 0.784
201809 1.050 115.142 1.396
201812 0.270 115.142 0.359
201903 0.750 118.202 0.971
201906 0.910 120.880 1.152
201909 0.790 123.175 0.982
201912 0.190 126.235 0.230
202003 1.050 124.705 1.289
202006 1.320 127.000 1.591
202009 1.440 130.118 1.694
202012 0.430 130.889 0.503
202103 1.310 131.771 1.521
202106 1.360 134.084 1.552
202109 2.070 135.847 2.332
202112 2.320 138.161 2.570
202203 2.660 138.822 2.932
202206 2.860 142.347 3.075
202209 3.120 144.661 3.301
202212 3.600 145.763 3.780
202303 4.210 146.865 4.387
202306 4.470 150.280 4.552
202309 4.700 151.492 4.748
202312 5.120 152.924 5.124
202403 5.680 153.035 5.680

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


Karur Vysya Bank  (NSE:KARURVYSYA) 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.

Karur Vysya Bank's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=194.05/10.71
=18.12

* 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 Karur Vysya Bank was 18.93. The lowest was 0.50. And the median was 5.33.


Be Aware

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


Karur Vysya Bank E10 Related Terms

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


Karur Vysya Bank (NSE:KARURVYSYA) Business Description

Traded in Other Exchanges
Address
No. 20, Erode Road, Vadivel Nagar, L.N.S., Karur, TN, IND, 639002
Karur Vysya Bank Ltd is a provider of banking products and financial services headquartered in India. The bank's customers are both individuals and corporations, with individual customers providing the largest amount of revenue to the bank. The company generates all of its revenue domestically through three main segments: Treasury operations, Corporate/Wholesale banking operations and Retail banking operations. The largest of these by revenue is the retail banking segment, which provides savings accounts, loans, deposits insurance and mutual funds. Corporate/wholesale banking includes foreign exchange, trade finance, working capital finance, credit for agriculturalists, term loans, and insurance.

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