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GSL Securities (BOM:530469) E10 : ₹2.35 (As of Dec. 2024)


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What is GSL Securities 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.

GSL Securities's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹-0.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.35 for the trailing ten years ended in Dec. 2024.

During the past 12 months, GSL Securities's average E10 Growth Rate was 4.90% per year. During the past 3 years, the average E10 Growth Rate was 5.90% 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 GSL Securities was 5.90% per year. The lowest was 5.90% per year. And the median was 5.90% per year.

As of today (2025-04-05), GSL Securities's current stock price is ₹25.75. GSL Securities's E10 for the quarter that ended in Dec. 2024 was ₹2.35. GSL Securities's Shiller PE Ratio of today is 10.96.

During the past 13 years, the highest Shiller PE Ratio of GSL Securities was 14.97. The lowest was 1.89. And the median was 3.50.


GSL Securities E10 Historical Data

The historical data trend for GSL Securities'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.

GSL Securities E10 Chart

GSL Securities 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 - 1.96 2.08 2.16 2.33

GSL Securities 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 2.24 2.33 2.35 2.35 2.35

Competitive Comparison of GSL Securities's E10

For the Credit Services subindustry, GSL Securities'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.


GSL Securities's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, GSL Securities's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where GSL Securities's Shiller PE Ratio falls into.


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GSL Securities 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, GSL Securities'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)
=-0.1/158.3229*158.3229
=-0.100

Current CPI (Dec. 2024) = 158.3229.

GSL Securities Quarterly Data

per share eps CPI Adj_EPS
201503 -0.020 97.163 -0.033
201506 -0.080 99.841 -0.127
201509 0.120 101.753 0.187
201512 -0.030 102.901 -0.046
201603 0.030 102.518 0.046
201606 -0.100 105.961 -0.149
201609 0.170 105.961 0.254
201612 -0.039 105.196 -0.059
201703 -0.001 105.196 -0.002
201706 0.422 107.109 0.624
201709 0.120 109.021 0.174
201712 -0.086 109.404 -0.124
201803 -0.147 109.786 -0.212
201806 15.156 111.317 21.556
201809 -0.190 115.142 -0.261
201812 0.117 115.142 0.161
201903 1.094 118.202 1.465
201906 -0.260 120.880 -0.341
201909 0.110 123.175 0.141
201912 -0.330 126.235 -0.414
202003 0.380 124.705 0.482
202006 -0.160 127.000 -0.199
202009 0.210 130.118 0.256
202012 -0.190 130.889 -0.230
202103 0.090 131.771 0.108
202106 -0.120 134.084 -0.142
202109 0.030 135.847 0.035
202112 -0.240 138.161 -0.275
202203 -0.010 138.822 -0.011
202206 -0.110 142.347 -0.122
202209 -0.030 144.661 -0.033
202212 -0.210 145.763 -0.228
202303 -0.010 146.865 -0.011
202306 -0.080 150.280 -0.084
202309 0.090 151.492 0.094
202312 0.050 152.924 0.052
202403 1.380 153.035 1.428
202406 -0.240 155.789 -0.244
202409 -0.140 157.882 -0.140
202412 -0.100 158.323 -0.100

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


GSL Securities  (BOM:530469) 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.

GSL Securities's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=25.75/2.35
=10.96

* 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 GSL Securities was 14.97. The lowest was 1.89. And the median was 3.50.


Be Aware

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


GSL Securities E10 Related Terms

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


GSL Securities Business Description

Traded in Other Exchanges
N/A
Address
Tardeo Road, 1/25 and 1/26 1st Floor, Airconditioned Market Society, Tardeo, Mumbai, MH, IND, 400 034
GSL Securities Ltd is a non-banking financial company. It is engaged in investments and provides short-term finance services. It generates revenue from the sale of shares, interest received, and dividend income.

GSL Securities Headlines

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