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IB Infotech Enterprises (BOM:519463) E10 : ₹0.03 (As of Dec. 2023)


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What is IB Infotech Enterprises 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.

IB Infotech Enterprises's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹0.980. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.03 for the trailing ten years ended in Dec. 2023.

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 (2024-05-10), IB Infotech Enterprises's current stock price is ₹129.20. IB Infotech Enterprises's E10 for the quarter that ended in Dec. 2023 was ₹0.03. IB Infotech Enterprises's Shiller PE Ratio of today is 4,306.67.

During the past 12 years, the highest Shiller PE Ratio of IB Infotech Enterprises was 5113.33. The lowest was 3875.00. And the median was 4341.67.


IB Infotech Enterprises E10 Historical Data

The historical data trend for IB Infotech Enterprises'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.

IB Infotech Enterprises E10 Chart

IB Infotech Enterprises 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 - - - - -0.16

IB Infotech Enterprises Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -0.72 -0.30 -0.16 -0.07 0.03

Competitive Comparison of IB Infotech Enterprises's E10

For the Information Technology Services subindustry, IB Infotech Enterprises'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.


IB Infotech Enterprises's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, IB Infotech Enterprises's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where IB Infotech Enterprises's Shiller PE Ratio falls into.



IB Infotech Enterprises 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, IB Infotech Enterprises'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)
=0.98/153.2548*153.2548
=0.980

Current CPI (Dec. 2023) = 153.2548.

IB Infotech Enterprises Quarterly Data

per share eps CPI Adj_EPS
201312 -0.020 91.425 -0.034
201403 -0.290 91.425 -0.486
201406 -1.040 94.103 -1.694
201409 -0.370 96.780 -0.586
201412 0.010 96.780 0.016
201503 -0.110 97.163 -0.174
201506 -0.040 99.841 -0.061
201509 -0.020 101.753 -0.030
201512 0.100 102.901 0.149
201603 -0.010 102.518 -0.015
201606 -0.120 105.961 -0.174
201609 -0.030 105.961 -0.043
201612 -0.100 105.196 -0.146
201703 -0.150 105.196 -0.219
201706 -0.150 107.109 -0.215
201709 -0.120 109.021 -0.169
201712 -0.010 109.404 -0.014
201803 -0.090 109.786 -0.126
201806 -0.230 111.317 -0.317
201809 -0.130 115.142 -0.173
201812 -0.030 115.142 -0.040
201903 -0.200 118.202 -0.259
201906 -0.320 120.880 -0.406
201909 -0.160 123.175 -0.199
201912 -0.120 126.235 -0.146
202003 -0.150 124.705 -0.184
202006 0.050 127.000 0.060
202009 -0.100 130.118 -0.118
202012 -0.180 130.889 -0.211
202103 -0.450 131.771 -0.523
202106 -0.680 134.084 -0.777
202109 -0.070 135.847 -0.079
202112 -0.030 138.161 -0.033
202203 -0.150 138.822 -0.166
202206 -0.610 142.347 -0.657
202209 1.130 144.661 1.197
202212 4.160 145.763 4.374
202303 1.080 146.865 1.127
202309 0.880 151.492 0.890
202312 0.980 153.255 0.980

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


IB Infotech Enterprises  (BOM:519463) 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.

IB Infotech Enterprises's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=129.20/0.03
=4,306.67

* 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 12 years, the highest Shiller P/E Ratio of IB Infotech Enterprises was 5113.33. The lowest was 3875.00. And the median was 4341.67.


Be Aware

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


IB Infotech Enterprises E10 Related Terms

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


IB Infotech Enterprises (BOM:519463) Business Description

Traded in Other Exchanges
N/A
Address
428, Kailash Plaza, Vallabh Baug Lane, Ghatkopar (East), Mumbai, MH, IND, 400075
IB Infotech Enterprises Ltd is engaged in the manufacture, promotion, development, implemention, trading or deal in all types of information technology related services, Electronics, Wireless application products, Telecommunications, Media, and Advertising. It also involved in Internet technology, IT-enabled services, and Data encryption. The company has operations located in India.

IB Infotech Enterprises (BOM:519463) Headlines

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