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Banaras Beads (BOM:526849) E10 : ₹4.37 (As of Dec. 2023)


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What is Banaras Beads 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.

Banaras Beads's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹0.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹4.37 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Banaras Beads's average E10 Growth Rate was -0.70% per year. During the past 3 years, the average E10 Growth Rate was -15.60% 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 Banaras Beads was -15.60% per year. The lowest was -15.60% per year. And the median was -15.60% per year.

As of today (2024-05-01), Banaras Beads's current stock price is ₹95.37. Banaras Beads's E10 for the quarter that ended in Dec. 2023 was ₹4.37. Banaras Beads's Shiller PE Ratio of today is 21.82.

During the past 13 years, the highest Shiller PE Ratio of Banaras Beads was 24.35. The lowest was 3.88. And the median was 16.86.


Banaras Beads E10 Historical Data

The historical data trend for Banaras Beads'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.

Banaras Beads E10 Chart

Banaras Beads 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 - 7.44 5.10 4.51 4.48

Banaras Beads 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 4.40 4.48 4.48 4.42 4.37

Competitive Comparison of Banaras Beads's E10

For the Footwear & Accessories subindustry, Banaras Beads'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.


Banaras Beads's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Banaras Beads's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Banaras Beads's Shiller PE Ratio falls into.



Banaras Beads 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, Banaras Beads'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)
=0.68/153.2548*153.2548
=0.680

Current CPI (Dec. 2023) = 153.2548.

Banaras Beads Quarterly Data

per share eps CPI Adj_EPS
201403 0.280 91.425 0.469
201406 0.960 94.103 1.563
201409 1.220 96.780 1.932
201412 0.950 96.780 1.504
201503 -0.710 97.163 -1.120
201506 0.790 99.841 1.213
201509 1.300 101.753 1.958
201512 6.780 102.901 10.098
201603 -2.370 102.518 -3.543
201606 0.430 105.961 0.622
201609 0.930 105.961 1.345
201612 0.810 105.196 1.180
201703 0.340 105.196 0.495
201706 0.460 107.109 0.658
201709 0.930 109.021 1.307
201712 0.630 109.404 0.883
201803 0.070 109.786 0.098
201806 0.510 111.317 0.702
201809 0.530 115.142 0.705
201812 0.100 115.142 0.133
201903 0.600 118.202 0.778
201906 0.520 120.880 0.659
201909 1.330 123.175 1.655
201912 0.640 126.235 0.777
202003 1.040 124.705 1.278
202006 0.920 127.000 1.110
202009 1.310 130.118 1.543
202012 0.910 130.889 1.065
202103 0.480 131.771 0.558
202106 0.480 134.084 0.549
202109 2.180 135.847 2.459
202112 0.880 138.161 0.976
202203 0.870 138.822 0.960
202206 1.020 142.347 1.098
202209 1.540 144.661 1.631
202212 0.410 145.763 0.431
202303 0.860 146.865 0.897
202306 0.680 150.280 0.693
202309 1.630 151.492 1.649
202312 0.680 153.255 0.680

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


Banaras Beads  (BOM:526849) 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.

Banaras Beads's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=95.37/4.37
=21.82

* 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 Banaras Beads was 24.35. The lowest was 3.88. And the median was 16.86.


Be Aware

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


Banaras Beads E10 Related Terms

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


Banaras Beads (BOM:526849) Business Description

Traded in Other Exchanges
Address
A-1, Industrial Estate, Varanasi, UP, IND, 221 106
Banaras Beads Ltd operates in the beads industry. The company is involved in the manufacturing and exporting of handicraft items, such as glass beads necklaces, and imitation jewelry. The company also deals in Beads made from Clay, Brass, Aluminium, Copper, Ceramics, Resin, Horn, Bone, Semiprecious stones, Agate, Lac, Hand Painted Beads, Spray Painted Beads, and others.

Banaras Beads (BOM:526849) Headlines

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