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Systematix Securities (BOM:531432) E10 : ₹0.46 (As of Dec. 2024)


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What is Systematix 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.

Systematix Securities's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹-0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.46 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Systematix Securities's average E10 Growth Rate was 9.30% 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 (2025-03-26), Systematix Securities's current stock price is ₹9.00. Systematix Securities's E10 for the quarter that ended in Dec. 2024 was ₹0.46. Systematix Securities's Shiller PE Ratio of today is 19.57.

During the past 13 years, the highest Shiller PE Ratio of Systematix Securities was 26.98. The lowest was 5.89. And the median was 13.79.


Systematix Securities E10 Historical Data

The historical data trend for Systematix 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.

Systematix Securities E10 Chart

Systematix 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 - - 0.62 0.55 -

Systematix 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 0.43 - 0.45 0.47 0.46

Competitive Comparison of Systematix Securities's E10

For the Capital Markets subindustry, Systematix 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.


Systematix Securities's Shiller PE Ratio Distribution in the Capital Markets Industry

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

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



Systematix 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, Systematix 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)
=-0.03/158.3229*158.3229
=-0.030

Current CPI (Dec. 2024) = 158.3229.

Systematix Securities Quarterly Data

per share eps CPI Adj_EPS
201503 0.240 97.163 0.391
201506 0.020 99.841 0.032
201509 0.005 101.753 0.008
201512 0.001 102.901 0.002
201603 0.200 102.518 0.309
201606 0.070 105.961 0.105
201609 0.480 105.961 0.717
201612 0.690 105.196 1.038
201703 -0.013 105.196 -0.020
201706 0.030 107.109 0.044
201709 0.040 109.021 0.058
201712 -0.250 109.404 -0.362
201803 -0.011 109.786 -0.016
201806 0.020 111.317 0.028
201809 0.190 115.142 0.261
201812 0.190 115.142 0.261
201903 0.190 118.202 0.254
201906 0.180 120.880 0.236
201909 0.180 123.175 0.231
201912 0.180 126.235 0.226
202003 0.200 124.705 0.254
202006 0.230 127.000 0.287
202009 0.170 130.118 0.207
202012 0.020 130.889 0.024
202103 0.210 131.771 0.252
202106 0.090 134.084 0.106
202109 -0.080 135.847 -0.093
202112 -0.010 138.161 -0.011
202203 -0.035 138.822 -0.040
202206 -0.060 142.347 -0.067
202209 0.020 144.661 0.022
202212 0.020 145.763 0.022
202303 -0.030 146.865 -0.032
202306 -0.070 150.280 -0.074
202309 -0.010 151.492 -0.010
202312 0.010 152.924 0.010
202403 0.000 153.035 0.000
202406 -0.100 155.789 -0.102
202409 -0.010 157.882 -0.010
202412 -0.030 158.323 -0.030

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


Systematix Securities  (BOM:531432) 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.

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

Shiller PE Ratio=Share Price/E10
=9.00/0.46
=19.57

* 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 Systematix Securities was 26.98. The lowest was 5.89. And the median was 13.79.


Be Aware

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


Systematix Securities E10 Related Terms

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


Systematix Securities Business Description

Traded in Other Exchanges
N/A
Address
35, Old Industrial RIICO Area, Chittorgarh, RJ, IND, 312001
Systematix Securities Ltd is an investment advisory company. It is engaged in the provision of equity trading, leasing and equity research, and investment consultancy services.

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