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Indus Finance (BOM:531841) E10 : ₹0.08 (As of Sep. 2024)


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What is Indus 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.

Indus Finance's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹0.880. 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 Sep. 2024.

During the past 12 months, Indus Finance's average E10 Growth Rate was 300.00% 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 (2024-12-15), Indus Finance's current stock price is ₹55.28. Indus Finance's E10 for the quarter that ended in Sep. 2024 was ₹0.08. Indus Finance's Shiller PE Ratio of today is 691.00.

During the past 13 years, the highest Shiller PE Ratio of Indus Finance was 2525.00. The lowest was 12.78. And the median was 160.79.


Indus Finance E10 Historical Data

The historical data trend for Indus 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.

Indus Finance E10 Chart

Indus 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 - -1.04 0.17 0.13 0.07

Indus Finance Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.02 0.10 0.07 0.01 0.08

Competitive Comparison of Indus Finance's E10

For the Credit Services subindustry, Indus 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.


Indus Finance's Shiller PE Ratio Distribution in the Credit Services Industry

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

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



Indus 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, Indus Finance's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.88/157.8822*157.8822
=0.880

Current CPI (Sep. 2024) = 157.8822.

Indus Finance Quarterly Data

per share eps CPI Adj_EPS
201412 0.070 96.780 0.114
201503 -0.220 97.163 -0.357
201506 0.110 99.841 0.174
201509 0.400 101.753 0.621
201512 0.070 102.901 0.107
201603 0.130 102.518 0.200
201606 0.240 105.961 0.358
201609 0.050 105.961 0.075
201612 0.060 105.196 0.090
201703 -0.260 105.196 -0.390
201706 0.080 107.109 0.118
201709 0.230 109.021 0.333
201712 0.060 109.404 0.087
201803 -0.280 109.786 -0.403
201806 0.279 111.317 0.396
201809 0.689 115.142 0.945
201812 0.242 115.142 0.332
201903 -1.000 118.202 -1.336
201906 0.084 120.880 0.110
201909 -0.034 123.175 -0.044
201912 -0.123 126.235 -0.154
202003 -0.085 124.705 -0.108
202006 0.625 127.000 0.777
202009 0.625 130.118 0.758
202012 -0.460 130.889 -0.555
202103 0.453 131.771 0.543
202106 -0.320 134.084 -0.377
202109 -2.500 135.847 -2.906
202112 0.020 138.161 0.023
202203 -0.846 138.822 -0.962
202206 0.040 142.347 0.044
202209 0.940 144.661 1.026
202212 0.004 145.763 0.004
202303 -0.570 146.865 -0.613
202306 0.250 150.280 0.263
202309 0.210 151.492 0.219
202312 0.110 152.924 0.114
202403 0.240 153.035 0.248
202406 0.050 155.789 0.051
202409 0.880 157.882 0.880

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


Indus Finance  (BOM:531841) 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.

Indus Finance's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=55.28/0.08
=691.00

* 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 Indus Finance was 2525.00. The lowest was 12.78. And the median was 160.79.


Be Aware

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


Indus Finance E10 Related Terms

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


Indus Finance Business Description

Traded in Other Exchanges
N/A
Address
114, Mahatma Gandhi Road, Kothari Buildings, 4th Floor, Nungambakkam, Chennai, TN, IND, 600 034
Indus Finance Ltd is an Indian non-banking finance company (NBFC). The firm is engaged in secured lending, project financing, and company strategic investments. It is focused on sectors such as Wind and Solar, Infrastructure and property development, Agriculture and food processing, Loan against shares, Mortgage Loans on Properties, and Individual loans.

Indus Finance Headlines

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