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Jhaveri Credits & Capital (BOM:531550) E10 : ₹0.28 (As of Jun. 2024)


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What is Jhaveri Credits & Capital 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.

Jhaveri Credits & Capital's adjusted earnings per share data for the three months ended in Jun. 2024 was ₹1.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.28 for the trailing ten years ended in Jun. 2024.

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 (2024-09-22), Jhaveri Credits & Capital's current stock price is ₹290.65. Jhaveri Credits & Capital's E10 for the quarter that ended in Jun. 2024 was ₹0.28. Jhaveri Credits & Capital's Shiller PE Ratio of today is 1,038.04.

During the past 13 years, the highest Shiller PE Ratio of Jhaveri Credits & Capital was 3692.86. The lowest was 0.75. And the median was 21.58.


Jhaveri Credits & Capital E10 Historical Data

The historical data trend for Jhaveri Credits & Capital'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.

Jhaveri Credits & Capital E10 Chart

Jhaveri Credits & Capital 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 - - -0.08 -0.02 0.18

Jhaveri Credits & Capital Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.03 -0.02 0.14 0.18 0.28

Competitive Comparison of Jhaveri Credits & Capital's E10

For the Capital Markets subindustry, Jhaveri Credits & Capital'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.


Jhaveri Credits & Capital's Shiller PE Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where Jhaveri Credits & Capital's Shiller PE Ratio falls into.



Jhaveri Credits & Capital 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, Jhaveri Credits & Capital's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.04/155.7889*155.7889
=1.040

Current CPI (Jun. 2024) = 155.7889.

Jhaveri Credits & Capital Quarterly Data

per share eps CPI Adj_EPS
201409 -0.180 96.780 -0.290
201412 0.170 96.780 0.274
201503 0.050 97.163 0.080
201506 -0.170 99.841 -0.265
201509 0.096 101.753 0.147
201512 -0.060 102.901 -0.091
201603 -0.027 102.518 -0.041
201606 -0.058 105.961 -0.085
201609 -0.024 105.961 -0.035
201612 -0.057 105.196 -0.084
201703 0.045 105.196 0.067
201706 -0.145 107.109 -0.211
201709 -0.047 109.021 -0.067
201712 -0.059 109.404 -0.084
201803 0.240 109.786 0.341
201806 -0.180 111.317 -0.252
201809 -0.190 115.142 -0.257
201812 0.011 115.142 0.015
201903 -0.369 118.202 -0.486
201906 -0.080 120.880 -0.103
201909 -0.103 123.175 -0.130
201912 -0.158 126.235 -0.195
202003 -0.053 124.705 -0.066
202006 -0.313 127.000 -0.384
202009 0.312 130.118 0.374
202012 -0.032 130.889 -0.038
202103 -0.576 131.771 -0.681
202106 -0.155 134.084 -0.180
202109 -0.108 135.847 -0.124
202112 0.571 138.161 0.644
202203 0.112 138.822 0.126
202206 -0.164 142.347 -0.179
202209 -0.016 144.661 -0.017
202212 0.020 145.763 0.021
202303 1.380 146.865 1.464
202306 0.040 150.280 0.041
202309 0.530 151.492 0.545
202312 1.630 152.924 1.661
202403 0.350 153.035 0.356
202406 1.040 155.789 1.040

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


Jhaveri Credits & Capital  (BOM:531550) 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.

Jhaveri Credits & Capital's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=290.65/0.28
=1,038.04

* 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 Jhaveri Credits & Capital was 3692.86. The lowest was 0.75. And the median was 21.58.


Be Aware

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


Jhaveri Credits & Capital E10 Related Terms

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


Jhaveri Credits & Capital Business Description

Traded in Other Exchanges
N/A
Address
301, Payal Tower-II, Sayajigunj, Vadodara, GJ, IND, 390020
Jhaveri Credits & Capital Ltd operates as a stock broking houses in Gujarat. It provides broking platform on various exchanges to the clients for dealing in various Commodities traded on those exchanges in the present, spot and future dealings. Its financial and wealth management services include e-trading of the major shares in various sectors. It also offers other financial services such as Mutual funds, commodity trading, derivative trading, equity trading, and initial public offers. It operates in India.

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