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Martin Burn (BOM:523566) E10 : ₹3.26 (As of Dec. 2024)


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What is Martin Burn 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.

Martin Burn's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹1.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹3.26 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Martin Burn's average E10 Growth Rate was -3.50% 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.

As of today (2025-03-30), Martin Burn's current stock price is ₹65.81. Martin Burn's E10 for the quarter that ended in Dec. 2024 was ₹3.26. Martin Burn's Shiller PE Ratio of today is 20.19.

During the past 13 years, the highest Shiller PE Ratio of Martin Burn was 32.82. The lowest was 8.47. And the median was 13.71.


Martin Burn E10 Historical Data

The historical data trend for Martin Burn'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.

Martin Burn E10 Chart

Martin Burn Annual Data
Trend Sep15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 4.28 2.78 3.29

Martin Burn Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.40 3.29 3.24 3.28 3.26

Competitive Comparison of Martin Burn's E10

For the Real Estate Services subindustry, Martin Burn'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.


Martin Burn's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Martin Burn's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Martin Burn's Shiller PE Ratio falls into.


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Martin Burn 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, Martin Burn's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1.56/158.3229*158.3229
=1.560

Current CPI (Dec. 2024) = 158.3229.

Martin Burn Quarterly Data

per share eps CPI Adj_EPS
201503 0.310 97.163 0.505
201506 1.050 99.841 1.665
201509 0.102 101.753 0.159
201512 0.030 102.901 0.046
201603 0.030 102.518 0.046
201606 0.510 105.961 0.762
201609 0.220 105.961 0.329
201612 0.600 105.196 0.903
201703 0.310 105.196 0.467
201706 1.960 107.109 2.897
201709 0.350 109.021 0.508
201712 0.780 109.404 1.129
201803 1.960 109.786 2.827
201806 0.540 111.317 0.768
201809 0.370 115.142 0.509
201812 0.490 115.142 0.674
201903 1.400 118.202 1.875
201906 1.040 120.880 1.362
201909 0.850 123.175 1.093
201912 0.770 126.235 0.966
202003 0.700 124.705 0.889
202006 0.850 127.000 1.060
202009 -0.240 130.118 -0.292
202012 -0.210 130.889 -0.254
202103 -0.210 131.771 -0.252
202106 0.260 134.084 0.307
202109 2.020 135.847 2.354
202112 0.830 138.161 0.951
202203 0.040 138.822 0.046
202206 0.800 142.347 0.890
202209 0.030 144.661 0.033
202212 0.680 145.763 0.739
202303 0.430 146.865 0.464
202306 0.890 150.280 0.938
202309 0.750 151.492 0.784
202312 1.010 152.924 1.046
202403 -0.350 153.035 -0.362
202406 0.930 155.789 0.945
202409 1.310 157.882 1.314
202412 1.560 158.323 1.560

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


Martin Burn  (BOM:523566) 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.

Martin Burn's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=65.81/3.26
=20.19

* 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 Martin Burn was 32.82. The lowest was 8.47. And the median was 13.71.


Be Aware

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


Martin Burn E10 Related Terms

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


Martin Burn Business Description

Traded in Other Exchanges
N/A
Address
1, R.N. Mukherjee Road, Martin Burn House, 1st Floor, Kolkata, WB, IND, 700 001
Martin Burn Ltd is an India-based company engaged in the business of real estate development. The company's operating segment includes Construction/Property Development Business and Rent and its related activities. It generates maximum revenue from the Rent and its related activities segment.

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