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Harmony Capital Services (BOM:530055) E10 : ₹-0.23 (As of Dec. 2024)


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What is Harmony Capital 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.

Harmony Capital Services's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹-0.476. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-0.23 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Harmony Capital Services's average E10 Growth Rate was -560.00% 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 (2025-03-03), Harmony Capital Services's current stock price is ₹63.37. Harmony Capital Services's E10 for the quarter that ended in Dec. 2024 was ₹-0.23. Harmony Capital Services's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Harmony Capital Services was 5088.00. The lowest was 71.43. And the median was 404.80.


Harmony Capital Services E10 Historical Data

The historical data trend for Harmony Capital 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.

Harmony Capital Services E10 Chart

Harmony Capital 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 - -1.11 0.04 0.07 0.05

Harmony Capital Services 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 0.05 0.05 0.01 -0.05 -0.23

Competitive Comparison of Harmony Capital Services's E10

For the Capital Markets subindustry, Harmony Capital 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.


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

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

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



Harmony Capital 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, Harmony Capital Services'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)
=-0.476/159.2043*159.2043
=-0.476

Current CPI (Dec. 2024) = 159.2043.

Harmony Capital Services Quarterly Data

per share eps CPI Adj_EPS
201503 -0.640 97.163 -1.049
201506 0.150 99.841 0.239
201509 0.077 101.753 0.120
201512 -0.090 102.901 -0.139
201603 -0.592 102.518 -0.919
201606 -0.193 105.961 -0.290
201609 0.190 105.961 0.285
201612 0.140 105.196 0.212
201703 0.000 105.196 0.000
201706 0.280 107.109 0.416
201709 0.430 109.021 0.628
201712 0.100 109.404 0.146
201803 0.000 109.786 0.000
201806 -0.050 111.317 -0.072
201809 0.320 115.142 0.442
201812 -0.017 115.142 -0.024
201903 -0.180 118.202 -0.242
201906 -0.115 120.880 -0.151
201909 -0.043 123.175 -0.056
201912 -0.023 126.235 -0.029
202003 -0.148 124.705 -0.189
202006 -0.114 127.000 -0.143
202009 -0.020 130.118 -0.024
202012 -0.022 130.889 -0.027
202103 -0.037 131.771 -0.045
202106 -0.031 134.084 -0.037
202109 -0.020 135.847 -0.023
202112 -0.010 138.161 -0.012
202203 0.040 138.822 0.046
202206 -0.140 142.347 -0.157
202209 0.050 144.661 0.055
202212 -0.013 145.763 -0.014
202303 0.427 146.865 0.463
202306 -0.160 150.280 -0.170
202309 -0.004 151.492 -0.004
202312 -0.007 152.924 -0.007
202403 -0.044 153.035 -0.046
202406 -0.370 155.789 -0.378
202409 -0.530 157.882 -0.534
202412 -0.476 159.204 -0.476

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


Harmony Capital Services  (BOM:530055) 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.

During the past 13 years, the highest Shiller P/E Ratio of Harmony Capital Services was 5088.00. The lowest was 71.43. And the median was 404.80.


Be Aware

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


Harmony Capital Services E10 Related Terms

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


Harmony Capital Services Business Description

Traded in Other Exchanges
N/A
Address
Andheri Kurla Road, A- 405, 4th Floor, A Wing, 215 Atrium Co-Operative Premises Society Ltd., Chakala Midc, Mumbai, MH, IND, 400093
Harmony Capital Services Ltd is a financial services company. The Company is engaged in investment activities and other financial services for corporations and individuals. The services include financial consultancy, lease and hire purchase syndication, bill discounting, inter-corporate deposits, bridge loan against a public issue or right issue, preparation of feasibility reports, capital structuring, mergers, acquisitions, and divestments, consultancy to the public, loan syndication with banks and financial institutions, and investment banking, among others. It operates in the business segment of Finance and Shares trading activity.

Harmony Capital Services Headlines

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