GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mathew Easow Research Securities Ltd (BOM:511688) » Definitions » E10

Mathew Easow Research Securities (BOM:511688) E10 : ₹0.63 (As of Mar. 2024)


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

What is Mathew Easow Research Securities 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.

Mathew Easow Research Securities's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.63 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mathew Easow Research Securities's average E10 Growth Rate was 5.00% per year. During the past 3 years, the average E10 Growth Rate was -4.40% 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 Mathew Easow Research Securities was -4.40% per year. The lowest was -4.40% per year. And the median was -4.40% per year.

As of today (2024-06-14), Mathew Easow Research Securities's current stock price is ₹7.69. Mathew Easow Research Securities's E10 for the quarter that ended in Mar. 2024 was ₹0.63. Mathew Easow Research Securities's Shiller PE Ratio of today is 12.21.

During the past 13 years, the highest Shiller PE Ratio of Mathew Easow Research Securities was 21.02. The lowest was 6.04. And the median was 11.53.


Mathew Easow Research Securities E10 Historical Data

The historical data trend for Mathew Easow Research Securities'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.

Mathew Easow Research Securities E10 Chart

Mathew Easow Research Securities 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 - 0.72 0.58 0.60 0.63

Mathew Easow Research Securities 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 0.60 0.59 0.58 0.56 0.63

Competitive Comparison of Mathew Easow Research Securities's E10

For the Credit Services subindustry, Mathew Easow Research Securities'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.


Mathew Easow Research Securities's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mathew Easow Research Securities's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mathew Easow Research Securities's Shiller PE Ratio falls into.



Mathew Easow Research Securities 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, Mathew Easow Research Securities'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)
=0.03/153.0345*153.0345
=0.030

Current CPI (Mar. 2024) = 153.0345.

Mathew Easow Research Securities Quarterly Data

per share eps CPI Adj_EPS
201406 -0.020 94.103 -0.033
201409 2.710 96.780 4.285
201412 -0.230 96.780 -0.364
201503 -0.810 97.163 -1.276
201506 -0.260 99.841 -0.399
201509 0.530 101.753 0.797
201512 0.420 102.901 0.625
201603 0.140 102.518 0.209
201606 0.320 105.961 0.462
201609 0.250 105.961 0.361
201612 0.270 105.196 0.393
201703 -0.690 105.196 -1.004
201706 -0.080 107.109 -0.114
201709 0.250 109.021 0.351
201712 0.390 109.404 0.546
201803 0.120 109.786 0.167
201806 0.220 111.317 0.302
201809 0.380 115.142 0.505
201812 0.380 115.142 0.505
201903 -0.710 118.202 -0.919
201906 0.060 120.880 0.076
201909 -0.030 123.175 -0.037
201912 0.040 126.235 0.048
202003 0.130 124.705 0.160
202006 0.260 127.000 0.313
202009 -0.170 130.118 -0.200
202012 0.010 130.889 0.012
202103 0.060 131.771 0.070
202106 0.030 134.084 0.034
202109 0.000 135.847 0.000
202112 0.140 138.161 0.155
202203 -0.010 138.822 -0.011
202206 0.030 142.347 0.032
202209 0.010 144.661 0.011
202212 0.010 145.763 0.010
202303 0.020 146.865 0.021
202306 0.030 150.280 0.031
202309 0.010 151.492 0.010
202312 0.020 152.924 0.020
202403 0.030 153.035 0.030

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


Mathew Easow Research Securities  (BOM:511688) 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.

Mathew Easow Research Securities's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=7.69/0.63
=12.21

* 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 Mathew Easow Research Securities was 21.02. The lowest was 6.04. And the median was 11.53.


Be Aware

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


Mathew Easow Research Securities E10 Related Terms

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


Mathew Easow Research Securities (BOM:511688) Business Description

Traded in Other Exchanges
N/A
Address
128, Rash behari Avenue, Rajkamal Building, 1st Floor, Kolkata, WB, IND, 700029
Mathew Easow Research Securities Ltd is a non-banking financial company (NBDC). The company is involved in investment and finance activities. It assists corporate bodies through the syndication of loans from various bodies, including corporate/banks and financial institutions. The company also finances corporates from banks. Its primary revenue source is interest income.

Mathew Easow Research Securities (BOM:511688) Headlines

No Headlines