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Visagar Financial Services (BOM:531025) E10 : ₹0.08 (As of Dec. 2023)


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What is Visagar Financial 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.

Visagar Financial Services's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.08 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Visagar Financial Services's average E10 Growth Rate was 60.00% 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 (2024-05-25), Visagar Financial Services's current stock price is ₹0.78. Visagar Financial Services's E10 for the quarter that ended in Dec. 2023 was ₹0.08. Visagar Financial Services's Shiller PE Ratio of today is 9.75.

During the past 13 years, the highest Shiller PE Ratio of Visagar Financial Services was 87.79. The lowest was 8.88. And the median was 15.50.


Visagar Financial Services E10 Historical Data

The historical data trend for Visagar Financial 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.

Visagar Financial Services E10 Chart

Visagar Financial Services 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 - - - - 0.06

Visagar Financial Services 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 0.05 0.06 0.06 0.08 0.08

Competitive Comparison of Visagar Financial Services's E10

For the Capital Markets subindustry, Visagar Financial 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.


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

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

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



Visagar Financial 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, Visagar Financial Services'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)
=-0.01/152.9243*152.9243
=-0.010

Current CPI (Dec. 2023) = 152.9243.

Visagar Financial Services Quarterly Data

per share eps CPI Adj_EPS
201403 0.011 91.425 0.018
201406 0.000 94.103 0.000
201409 0.012 96.780 0.019
201412 0.002 96.780 0.003
201503 -0.014 97.163 -0.022
201506 0.002 99.841 0.003
201509 0.007 101.753 0.011
201512 0.002 102.901 0.003
201603 -0.008 102.518 -0.012
201606 0.002 105.961 0.003
201609 0.002 105.961 0.003
201612 0.003 105.196 0.004
201703 -0.010 105.196 -0.015
201706 -0.054 107.109 -0.077
201709 0.001 109.021 0.001
201712 -0.042 109.404 -0.059
201803 0.097 109.786 0.135
201806 -0.002 111.317 -0.003
201809 -0.002 115.142 -0.003
201812 0.000 115.142 0.000
201903 0.009 118.202 0.012
201906 0.005 120.880 0.006
201909 -0.007 123.175 -0.009
201912 -0.002 126.235 -0.002
202003 -0.012 124.705 -0.015
202006 -0.003 127.000 -0.004
202009 0.000 130.118 0.000
202012 -0.002 130.889 -0.002
202103 -0.013 131.771 -0.015
202106 -0.015 134.084 -0.017
202109 0.000 135.847 0.000
202112 0.076 138.161 0.084
202203 -0.004 138.822 -0.004
202206 -0.010 142.347 -0.011
202209 -0.310 144.661 -0.328
202212 0.780 145.763 0.818
202303 0.068 146.865 0.071
202306 0.050 150.280 0.051
202309 0.050 151.492 0.050
202312 -0.010 152.924 -0.010

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


Visagar Financial Services  (BOM:531025) 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.

Visagar Financial Services's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.78/0.08
=9.75

* 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 Visagar Financial Services was 87.79. The lowest was 8.88. And the median was 15.50.


Be Aware

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


Visagar Financial Services E10 Related Terms

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


Visagar Financial Services (BOM:531025) Business Description

Traded in Other Exchanges
N/A
Address
907-908, S.V. Road, 9th Floor, Dev Plaza, Opposite Andheri Fire Station, Andheri (West), Mumbai, MH, IND, 400 058
Visagar Financial Services Ltd is a non-banking financial company. The company is primarily engaged in the business of investing in securities of listed and unlisted companies. It invests in various sectors such as Financial Services, Education, Real Estate, among others. Geographically, it operates only in India. The company generates maximum revenue from the sale of shares.

Visagar Financial Services (BOM:531025) Headlines

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