GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Parshwanath Corp Ltd (BOM:511176) » Definitions » E10

Parshwanath (BOM:511176) E10 : ₹1.45 (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Parshwanath 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.

Parshwanath's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹0.550. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹1.45 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Parshwanath's average E10 Growth Rate was 9.00% 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 (2024-05-06), Parshwanath's current stock price is ₹50.50. Parshwanath's E10 for the quarter that ended in Dec. 2023 was ₹1.45. Parshwanath's Shiller PE Ratio of today is 34.83.

During the past 13 years, the highest Shiller PE Ratio of Parshwanath was 57.93. The lowest was 3.91. And the median was 21.52.


Parshwanath E10 Historical Data

The historical data trend for Parshwanath'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.

Parshwanath E10 Chart

Parshwanath 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 - - 4.11 1.40 1.22

Parshwanath 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 1.33 1.22 1.32 1.35 1.45

Competitive Comparison of Parshwanath's E10

For the Real Estate - Development subindustry, Parshwanath'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.


Parshwanath's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Parshwanath's Shiller PE Ratio distribution charts can be found below:

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



Parshwanath 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, Parshwanath'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)
=0.55/153.2548*153.2548
=0.550

Current CPI (Dec. 2023) = 153.2548.

Parshwanath Quarterly Data

per share eps CPI Adj_EPS
201403 -0.228 91.425 -0.382
201406 0.310 94.103 0.505
201409 0.770 96.780 1.219
201412 0.420 96.780 0.665
201503 0.462 97.163 0.729
201506 0.150 99.841 0.230
201509 0.290 101.753 0.437
201512 0.260 102.901 0.387
201603 0.240 102.518 0.359
201606 0.150 105.961 0.217
201609 0.220 105.961 0.318
201612 0.019 105.196 0.028
201703 0.020 105.196 0.029
201706 0.130 107.109 0.186
201709 -0.080 109.021 -0.112
201712 0.120 109.404 0.168
201803 -0.280 109.786 -0.391
201806 0.100 111.317 0.138
201809 0.320 115.142 0.426
201812 0.960 115.142 1.278
201903 0.100 118.202 0.130
201906 0.330 120.880 0.418
201909 0.990 123.175 1.232
201912 0.500 126.235 0.607
202003 0.530 124.705 0.651
202006 0.120 127.000 0.145
202009 0.230 130.118 0.271
202012 0.890 130.889 1.042
202103 0.210 131.771 0.244
202106 0.270 134.084 0.309
202109 0.160 135.847 0.181
202112 0.180 138.161 0.200
202203 0.340 138.822 0.375
202206 0.100 142.347 0.108
202209 0.220 144.661 0.233
202212 0.090 145.763 0.095
202303 0.500 146.865 0.522
202306 0.390 150.280 0.398
202309 0.370 151.492 0.374
202312 0.550 153.255 0.550

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


Parshwanath  (BOM:511176) 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.

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

Shiller PE Ratio=Share Price/E10
=50.50/1.45
=34.83

* 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 Parshwanath was 57.93. The lowest was 3.91. And the median was 21.52.


Be Aware

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


Parshwanath E10 Related Terms

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


Parshwanath (BOM:511176) Business Description

Traded in Other Exchanges
N/A
Address
Near Income Tax Circle, Ashram Road, 50, 3rd Floor, Harsiddha Chambers, Ahmedabad, GJ, IND, 380014
Parshwanath Corp Ltd is a real estate development company engaged in the construction and development of housing projects. It focuses on offering ultra-modern utilitarian homes, integrated townships, and giant infrastructure projects. It holds an interest in residential and commercial project properties. Geographically, operates through the region of India. The company earns revenue from the recovery of interest and principal amount of bad loans.

Parshwanath (BOM:511176) Headlines

No Headlines