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Vivo Bio Tech (BOM:511509) E10 : ₹2.37 (As of Mar. 2024)


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What is Vivo Bio Tech 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.

Vivo Bio Tech's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.37 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 (2024-06-10), Vivo Bio Tech's current stock price is ₹40.22. Vivo Bio Tech's E10 for the quarter that ended in Mar. 2024 was ₹2.37. Vivo Bio Tech's Shiller PE Ratio of today is 16.97.

During the past 13 years, the highest Shiller PE Ratio of Vivo Bio Tech was 20.00. The lowest was 14.14. And the median was 17.32.


Vivo Bio Tech E10 Historical Data

The historical data trend for Vivo Bio Tech'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.

Vivo Bio Tech E10 Chart

Vivo Bio Tech 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 - - - - 2.37

Vivo Bio Tech 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 - - 2.34 2.39 2.37

Competitive Comparison of Vivo Bio Tech's E10

For the Biotechnology subindustry, Vivo Bio Tech'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.


Vivo Bio Tech's Shiller PE Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Vivo Bio Tech's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Vivo Bio Tech's Shiller PE Ratio falls into.



Vivo Bio Tech 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, Vivo Bio Tech'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)
=0.31/153.0345*153.0345
=0.310

Current CPI (Mar. 2024) = 153.0345.

Vivo Bio Tech Quarterly Data

per share eps CPI Adj_EPS
201403 -0.110 91.425 -0.184
201406 -0.140 94.103 -0.228
201409 -0.410 96.780 -0.648
201412 0.080 96.780 0.127
201503 0.440 97.163 0.693
201506 0.360 99.841 0.552
201509 0.190 101.753 0.286
201512 0.110 102.901 0.164
201603 0.320 102.518 0.478
201606 0.430 105.961 0.621
201609 1.240 105.961 1.791
201612 0.780 105.196 1.135
201703 -0.240 105.196 -0.349
201706 0.700 107.109 1.000
201709 0.940 109.021 1.319
201712 0.810 109.404 1.133
201803 0.640 109.786 0.892
201809 2.480 115.142 3.296
201812 0.990 115.142 1.316
201903 -3.080 118.202 -3.988
201906 0.940 120.880 1.190
201909 1.830 123.175 2.274
201912 1.020 126.235 1.237
202003 -0.310 124.705 -0.380
202006 0.760 127.000 0.916
202009 1.630 130.118 1.917
202012 1.700 130.889 1.988
202103 0.050 131.771 0.058
202106 0.840 134.084 0.959
202109 0.190 135.847 0.214
202112 0.930 138.161 1.030
202203 -0.470 138.822 -0.518
202206 0.220 142.347 0.237
202209 0.080 144.661 0.085
202212 0.100 145.763 0.105
202303 1.380 146.865 1.438
202306 0.100 150.280 0.102
202309 0.220 151.492 0.222
202312 0.890 152.924 0.891
202403 0.310 153.035 0.310

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


Vivo Bio Tech  (BOM:511509) 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.

Vivo Bio Tech's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=40.22/2.37
=16.97

* 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 Vivo Bio Tech was 20.00. The lowest was 14.14. And the median was 17.32.


Be Aware

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


Vivo Bio Tech E10 Related Terms

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


Vivo Bio Tech (BOM:511509) Business Description

Traded in Other Exchanges
N/A
Address
Number 8-2-672/ 5 and 6, Road Number 1, 3rd Floor, Ilyas Mohammed Khan Estate, Banjara hills, Hyderabad, TG, IND, 500034
Vivo Bio Tech Ltd offers drug development and discovery services to pharmaceutical and biotech companies. The company offers services in the areas of In vitro, In vivo, toxicity studies, pharmacological investigations, pharmacokinetic and toxicokinetic studies. It offers services in the areas of pharmacology, toxicology, pathology, analytical chemistry, lab animal diagnostics, custom model generation, custom breeding, surgical models, and molecular biology.

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