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Williamson Financial Services (BOM:519214) E10 : ₹-23.64 (As of Mar. 2024)


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What is Williamson Financial Services 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.

Williamson Financial Services's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.790. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-23.64 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 (2024-06-13), Williamson Financial Services's current stock price is ₹7.76. Williamson Financial Services's E10 for the quarter that ended in Mar. 2024 was ₹-23.64. Williamson Financial Services's Shiller PE Ratio of today is .


Williamson Financial Services E10 Historical Data

The historical data trend for Williamson Financial Services'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.

Williamson Financial Services E10 Chart

Williamson Financial Services 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 - - -19.09 -20.41 -23.64

Williamson Financial Services 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 -20.41 -19.92 -21.11 -22.67 -23.64

Competitive Comparison of Williamson Financial Services's E10

For the Capital Markets subindustry, Williamson Financial Services'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.


Williamson Financial Services's Shiller PE Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where Williamson Financial Services's Shiller PE Ratio falls into.



Williamson Financial Services 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, Williamson Financial Services'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)
=0.79/153.0345*153.0345
=0.790

Current CPI (Mar. 2024) = 153.0345.

Williamson Financial Services Quarterly Data

per share eps CPI Adj_EPS
201406 18.300 94.103 29.760
201409 18.777 96.780 29.691
201412 -4.820 96.780 -7.622
201503 -2.270 97.163 -3.575
201506 -4.010 99.841 -6.146
201509 4.010 101.753 6.031
201512 -1.550 102.901 -2.305
201603 -6.170 102.518 -9.210
201606 -4.130 105.961 -5.965
201609 -2.840 105.961 -4.102
201612 -4.250 105.196 -6.183
201703 -6.270 105.196 -9.121
201706 -8.700 107.109 -12.430
201709 -17.070 109.021 -23.961
201712 -8.830 109.404 -12.351
201803 -0.790 109.786 -1.101
201806 -13.390 111.317 -18.408
201809 -12.849 115.142 -17.078
201812 -7.936 115.142 -10.548
201903 -25.320 118.202 -32.781
201906 -13.650 120.880 -17.281
201909 -27.490 123.175 -34.154
201912 26.190 126.235 31.750
202003 -12.790 124.705 -15.696
202006 -2.770 127.000 -3.338
202009 0.920 130.118 1.082
202012 -12.600 130.889 -14.732
202103 -9.030 131.771 -10.487
202106 10.800 134.084 12.326
202109 -22.410 135.847 -25.245
202112 -12.700 138.161 -14.067
202203 -0.160 138.822 -0.176
202206 -0.150 142.347 -0.161
202209 -11.360 144.661 -12.018
202212 9.120 145.763 9.575
202303 -19.760 146.865 -20.590
202306 -4.690 150.280 -4.776
202309 -1.800 151.492 -1.818
202312 0.060 152.924 0.060
202403 0.790 153.035 0.790

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


Williamson Financial Services  (BOM:519214) 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.


Be Aware

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


Williamson Financial Services E10 Related Terms

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


Williamson Financial Services (BOM:519214) Business Description

Traded in Other Exchanges
N/A
Address
Four Mango Lane, 8th Floor, Surendra Mohan Ghosh Sarani, Kolkata, WB, IND, 700 001
Williamson Financial Services Ltd is a company engaged in the NBFC(Non-banking financial company) operations. It is mainly involved in providing financial services that include lease financing, financial advisory, and consultancy services, and capital market operations.

Williamson Financial Services (BOM:519214) Headlines

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