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MKVentures Capital (BOM:514238) E10 : ₹15.06 (As of Jun. 2024)


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What is MKVentures Capital 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.

MKVentures Capital's adjusted earnings per share data for the three months ended in Jun. 2024 was ₹13.440. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹15.06 for the trailing ten years ended in Jun. 2024.

During the past 12 months, MKVentures Capital's average E10 Growth Rate was 70.90% per year. During the past 3 years, the average E10 Growth Rate was 40.30% 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 MKVentures Capital was 40.30% per year. The lowest was 40.30% per year. And the median was 40.30% per year.

As of today (2024-09-22), MKVentures Capital's current stock price is ₹1949.10. MKVentures Capital's E10 for the quarter that ended in Jun. 2024 was ₹15.06. MKVentures Capital's Shiller PE Ratio of today is 129.42.

During the past 13 years, the highest Shiller PE Ratio of MKVentures Capital was 573.79. The lowest was 4.05. And the median was 138.94.


MKVentures Capital E10 Historical Data

The historical data trend for MKVentures Capital'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.

MKVentures Capital E10 Chart

MKVentures Capital 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 - 4.81 2.37 7.19 13.27

MKVentures Capital Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 8.81 10.23 12.16 13.27 15.06

Competitive Comparison of MKVentures Capital's E10

For the Credit Services subindustry, MKVentures Capital'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.


MKVentures Capital's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, MKVentures Capital's Shiller PE Ratio distribution charts can be found below:

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



MKVentures Capital 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, MKVentures Capital's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=13.44/155.7889*155.7889
=13.440

Current CPI (Jun. 2024) = 155.7889.

MKVentures Capital Quarterly Data

per share eps CPI Adj_EPS
201409 1.609 96.780 2.590
201412 -0.383 96.780 -0.617
201503 -0.226 97.163 -0.362
201506 -0.039 99.841 -0.061
201509 0.137 101.753 0.210
201512 1.393 102.901 2.109
201603 -1.540 102.518 -2.340
201606 0.873 105.961 1.284
201609 0.873 105.961 1.284
201612 0.893 105.196 1.322
201703 0.088 105.196 0.130
201706 1.089 107.109 1.584
201709 2.737 109.021 3.911
201712 -0.618 109.404 -0.880
201803 -0.618 109.786 -0.877
201806 -0.255 111.317 -0.357
201809 1.138 115.142 1.540
201812 -0.598 115.142 -0.809
201903 -0.486 118.202 -0.641
201906 0.392 120.880 0.505
201909 0.559 123.175 0.707
201912 0.088 126.235 0.109
202003 -5.288 124.705 -6.606
202006 0.324 127.000 0.397
202009 7.063 130.118 8.456
202012 -0.128 130.889 -0.152
202103 0.481 131.771 0.569
202106 2.629 134.084 3.055
202109 8.790 135.847 10.080
202112 1.099 138.161 1.239
202203 0.589 138.822 0.661
202206 0.000 142.347 0.000
202209 5.082 144.661 5.473
202212 25.900 145.763 27.681
202303 14.680 146.865 15.572
202306 14.370 150.280 14.897
202309 12.460 151.492 12.813
202312 13.080 152.924 13.325
202403 15.350 153.035 15.626
202406 13.440 155.789 13.440

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


MKVentures Capital  (BOM:514238) 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.

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

Shiller PE Ratio=Share Price/E10
=1949.10/15.06
=129.42

* 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 MKVentures Capital was 573.79. The lowest was 4.05. And the median was 138.94.


Be Aware

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


MKVentures Capital E10 Related Terms

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


MKVentures Capital Business Description

Traded in Other Exchanges
N/A
Address
11th Floor, Express Towers, Ramnath Goenka Marg, Nariman Point, Mumbai, MH, IND, 400021
MKVentures Capital Ltd is a non-banking financial company. Principally, it is engaged in the provisions of financial services.

MKVentures Capital Headlines

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