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Manraj Housing Finance (BOM:530537) E10 : ₹-1.92 (As of Mar. 2024)


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What is Manraj Housing Finance 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.

Manraj Housing Finance's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹-0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-1.92 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -29.70% 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 Manraj Housing Finance was -29.70% per year. The lowest was -29.70% per year. And the median was -29.70% per year.

As of today (2024-06-21), Manraj Housing Finance's current stock price is ₹38.68. Manraj Housing Finance's E10 for the quarter that ended in Mar. 2024 was ₹-1.92. Manraj Housing Finance's Shiller PE Ratio of today is .


Manraj Housing Finance E10 Historical Data

The historical data trend for Manraj Housing Finance'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.

Manraj Housing Finance E10 Chart

Manraj Housing Finance 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 - -0.88 -1.29 -1.63 -1.92

Manraj Housing Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 -1.61 -1.63 -1.73 -1.87 -1.92

Competitive Comparison of Manraj Housing Finance's E10

For the Real Estate - Development subindustry, Manraj Housing Finance'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.


Manraj Housing Finance's Shiller PE Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Manraj Housing Finance's Shiller PE Ratio falls into.



Manraj Housing Finance 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, Manraj Housing Finance's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.08/153.0345*153.0345
=-0.080

Current CPI (Mar. 2024) = 153.0345.

Manraj Housing Finance Quarterly Data

per share eps CPI Adj_EPS
201403 0.170 91.425 0.285
201406 -0.814 94.103 -1.324
201409 -0.730 96.780 -1.154
201412 -0.900 96.780 -1.423
201503 2.188 97.163 3.446
201506 -0.160 99.841 -0.245
201509 -0.085 101.753 -0.128
201512 -0.106 102.901 -0.158
201603 -0.109 102.518 -0.163
201606 0.001 105.961 0.001
201609 -0.086 105.961 -0.124
201612 -0.075 105.196 -0.109
201703 -4.181 105.196 -6.082
201706 -1.204 107.109 -1.720
201709 -0.798 109.021 -1.120
201712 -1.281 109.404 -1.792
201803 -1.357 109.786 -1.892
201806 -1.230 111.317 -1.691
201809 -1.040 115.142 -1.382
201812 -1.190 115.142 -1.582
201903 1.660 118.202 2.149
201906 -0.460 120.880 -0.582
201909 -0.540 123.175 -0.671
201912 -0.460 126.235 -0.558
202003 -0.340 124.705 -0.417
202006 0.390 127.000 0.470
202009 -0.080 130.118 -0.094
202012 -0.100 130.889 -0.117
202103 -0.167 131.771 -0.194
202106 -0.080 134.084 -0.091
202109 -0.090 135.847 -0.101
202112 -0.100 138.161 -0.111
202203 -0.080 138.822 -0.088
202206 -0.040 142.347 -0.043
202209 -0.090 144.661 -0.095
202212 -0.070 145.763 -0.073
202303 -0.070 146.865 -0.073
202309 -0.050 151.492 -0.051
202312 -0.040 152.924 -0.040
202403 -0.080 153.035 -0.080

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


Manraj Housing Finance  (BOM:530537) 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.


Be Aware

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


Manraj Housing Finance E10 Related Terms

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


Manraj Housing Finance (BOM:530537) Business Description

Traded in Other Exchanges
N/A
Address
General Vaidya Chowk, 3, Pushpa Apartments, Jalgaon, MH, IND, 425002
Manraj Housing Finance Ltd operates in the real estate industry. It is predominantly involved in construction activities and other operations related to it. Geographically, the activities are carried out throughout the region of India.

Manraj Housing Finance (BOM:530537) Headlines

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