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Adinath Exim Resources (BOM:532056) E10 : ₹0.98 (As of Mar. 2024)


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What is Adinath Exim Resources 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.

Adinath Exim Resources's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.98 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Adinath Exim Resources's average E10 Growth Rate was 12.60% per year. During the past 3 years, the average E10 Growth Rate was 10.80% 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 Adinath Exim Resources was 10.80% per year. The lowest was 10.80% per year. And the median was 10.80% per year.

As of today (2024-06-13), Adinath Exim Resources's current stock price is ₹20.36. Adinath Exim Resources's E10 for the quarter that ended in Mar. 2024 was ₹0.98. Adinath Exim Resources's Shiller PE Ratio of today is 20.78.

During the past 13 years, the highest Shiller PE Ratio of Adinath Exim Resources was 54.14. The lowest was 0.93. And the median was 22.18.


Adinath Exim Resources E10 Historical Data

The historical data trend for Adinath Exim Resources'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.

Adinath Exim Resources E10 Chart

Adinath Exim Resources 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 - 0.72 0.72 0.87 0.98

Adinath Exim Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.87 0.91 0.91 0.94 0.98

Competitive Comparison of Adinath Exim Resources's E10

For the Credit Services subindustry, Adinath Exim Resources'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.


Adinath Exim Resources's Shiller PE Ratio Distribution in the Credit Services Industry

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

* The bar in red indicates where Adinath Exim Resources's Shiller PE Ratio falls into.



Adinath Exim Resources 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, Adinath Exim Resources'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)
=0.34/153.0345*153.0345
=0.340

Current CPI (Mar. 2024) = 153.0345.

Adinath Exim Resources Quarterly Data

per share eps CPI Adj_EPS
201406 0.070 94.103 0.114
201409 0.370 96.780 0.585
201412 0.090 96.780 0.142
201503 -0.340 97.163 -0.536
201506 0.440 99.841 0.674
201509 0.100 101.753 0.150
201512 0.340 102.901 0.506
201603 -1.120 102.518 -1.672
201606 0.060 105.961 0.087
201609 0.520 105.961 0.751
201612 0.050 105.196 0.073
201703 0.110 105.196 0.160
201706 0.050 107.109 0.071
201709 0.720 109.021 1.011
201712 0.110 109.404 0.154
201803 0.090 109.786 0.125
201806 0.110 111.317 0.151
201809 0.530 115.142 0.704
201812 0.090 115.142 0.120
201903 0.110 118.202 0.142
201906 0.090 120.880 0.114
201909 0.520 123.175 0.646
201912 0.140 126.235 0.170
202003 0.102 124.705 0.125
202006 0.390 127.000 0.470
202009 0.330 130.118 0.388
202012 0.350 130.889 0.409
202103 0.050 131.771 0.058
202106 0.330 134.084 0.377
202109 0.350 135.847 0.394
202112 0.320 138.161 0.354
202203 -0.190 138.822 -0.209
202206 0.138 142.347 0.148
202209 0.300 144.661 0.317
202212 0.340 145.763 0.357
202303 0.810 146.865 0.844
202306 0.314 150.280 0.320
202309 0.340 151.492 0.343
202312 0.300 152.924 0.300
202403 0.340 153.035 0.340

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


Adinath Exim Resources  (BOM:532056) 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.

Adinath Exim Resources's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=20.36/0.98
=20.78

* 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 Adinath Exim Resources was 54.14. The lowest was 0.93. And the median was 22.18.


Be Aware

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


Adinath Exim Resources E10 Related Terms

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


Adinath Exim Resources (BOM:532056) Business Description

Traded in Other Exchanges
N/A
Address
Opposite Iskon Mandir, Near Casalla Tower, 601, Astron Tower, Satellite, Ahmedabad, GJ, IND, 380015
Adinath Exim Resources Ltd is a non-banking finance company. It is engaged in the business of financing and investment. The company also finances all types of lease operations.

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