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Multibase India (BOM:526169) E10 : ₹10.93 (As of Dec. 2023)


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What is Multibase India 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.

Multibase India's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹2.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹10.93 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Multibase India's average E10 Growth Rate was 8.30% 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.

As of today (2024-05-31), Multibase India's current stock price is ₹269.65. Multibase India's E10 for the quarter that ended in Dec. 2023 was ₹10.93. Multibase India's Shiller PE Ratio of today is 24.67.

During the past 13 years, the highest Shiller PE Ratio of Multibase India was 31.65. The lowest was 15.59. And the median was 20.96.


Multibase India E10 Historical Data

The historical data trend for Multibase India'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.

Multibase India E10 Chart

Multibase India 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 - - 9.03 9.68 10.39

Multibase India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 10.09 10.39 10.67 10.80 10.93

Competitive Comparison of Multibase India's E10

For the Specialty Chemicals subindustry, Multibase India'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.


Multibase India's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Multibase India's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Multibase India's Shiller PE Ratio falls into.



Multibase India 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, Multibase India'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)
=2.19/152.9243*152.9243
=2.190

Current CPI (Dec. 2023) = 152.9243.

Multibase India Quarterly Data

per share eps CPI Adj_EPS
201403 1.270 91.425 2.124
201406 1.200 94.103 1.950
201409 1.240 96.780 1.959
201412 1.760 96.780 2.781
201503 1.530 97.163 2.408
201506 1.700 99.841 2.604
201509 1.730 101.753 2.600
201512 2.200 102.901 3.269
201603 2.190 102.518 3.267
201606 2.170 105.961 3.132
201609 2.730 105.961 3.940
201612 2.390 105.196 3.474
201703 3.230 105.196 4.695
201706 3.100 107.109 4.426
201709 4.060 109.021 5.695
201712 4.490 109.404 6.276
201803 3.840 109.786 5.349
201806 3.290 111.317 4.520
201809 3.420 115.142 4.542
201812 2.350 115.142 3.121
201903 3.110 118.202 4.024
201906 2.070 120.880 2.619
201909 1.510 123.175 1.875
201912 0.760 126.235 0.921
202003 1.630 124.705 1.999
202006 -0.080 127.000 -0.096
202009 1.360 130.118 1.598
202012 2.410 130.889 2.816
202103 1.630 131.771 1.892
202106 1.140 134.084 1.300
202109 1.050 135.847 1.182
202112 0.870 138.161 0.963
202203 1.960 138.822 2.159
202206 1.090 142.347 1.171
202209 1.250 144.661 1.321
202212 1.480 145.763 1.553
202303 3.940 146.865 4.103
202306 1.930 150.280 1.964
202309 1.590 151.492 1.605
202312 2.190 152.924 2.190

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


Multibase India  (BOM:526169) 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.

Multibase India's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=269.65/10.93
=24.67

* 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 13 years, the highest Shiller P/E Ratio of Multibase India was 31.65. The lowest was 15.59. And the median was 20.96.


Be Aware

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


Multibase India E10 Related Terms

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


Multibase India (BOM:526169) Business Description

Traded in Other Exchanges
N/A
Address
Bandra Kurla Complex Road, 81,82,83, 8th Floor, 2 North Avenue Maker Maxity, Bandra East, Mumbai, MH, IND, 400051
Multibase India Ltd is engaged in manufacturing trading and selling of Polypropylene Compound, Thermoplastic Elastomer, Silicon Master Batch and Thermoplastic Master Batch. Its products include TPSiV Multiflex, Thermoplastic Elastomer, Siloxane Masterbatch and Multipro. The company increased its presence in the Automotive and Silicon-based thermoplastics segment. It generates maximum revenue from India.

Multibase India (BOM:526169) Headlines

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