GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Baroda (BOM:532134) » Definitions » E10

Bank of Baroda (BOM:532134) E10 : ₹41.94 (As of Sep. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Bank of Baroda 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.

Bank of Baroda's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹10.360. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹41.94 for the trailing ten years ended in Sep. 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 (2024-12-14), Bank of Baroda's current stock price is ₹257.85. Bank of Baroda's E10 for the quarter that ended in Sep. 2024 was ₹41.94. Bank of Baroda's Shiller PE Ratio of today is 6.15.

During the past 13 years, the highest Shiller PE Ratio of Bank of Baroda was 6.34. The lowest was 5.66. And the median was 5.94.


Bank of Baroda E10 Historical Data

The historical data trend for Bank of Baroda'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.

Bank of Baroda E10 Chart

Bank of Baroda 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 - - - - -

Bank of Baroda 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 - - - - 41.94

Competitive Comparison of Bank of Baroda's E10

For the Banks - Regional subindustry, Bank of Baroda'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.


Bank of Baroda's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Baroda's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bank of Baroda's Shiller PE Ratio falls into.



Bank of Baroda 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, Bank of Baroda'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)
=10.36/157.8822*157.8822
=10.360

Current CPI (Sep. 2024) = 157.8822.

Bank of Baroda Quarterly Data

per share eps CPI Adj_EPS
200503 5.114 43.531 18.548
200603 5.930 45.521 20.567
200703 6.198 48.581 20.143
200803 8.502 52.407 25.613
200903 13.090 56.615 36.504
201003 17.456 65.030 42.380
201103 24.328 70.768 54.275
201203 26.802 76.889 55.035
201303 23.340 85.687 43.005
201403 4.730 91.425 8.168
201503 18.220 97.163 29.606
201603 -22.440 102.518 -34.558
201703 0.670 105.196 1.006
201803 -13.440 109.786 -19.328
201806 2.480 111.317 3.517
201809 2.280 115.142 3.126
201812 2.280 115.142 3.126
201903 -3.680 118.202 -4.915
201906 2.390 120.880 3.122
201909 2.330 123.175 2.987
201912 -3.200 126.235 -4.002
202003 1.090 124.705 1.380
202006 -1.470 127.000 -1.827
202009 3.830 130.118 4.647
202012 2.590 130.889 3.124
202103 -1.630 131.771 -1.953
202106 2.290 134.084 2.696
202109 4.190 135.847 4.870
202112 4.760 138.161 5.439
202203 3.930 138.822 4.470
202206 3.760 142.347 4.170
202209 6.580 144.661 7.181
202212 8.330 145.763 9.023
202303 10.160 146.865 10.922
202306 8.610 150.280 9.046
202309 8.500 151.492 8.859
202312 9.260 152.924 9.560
202403 9.920 153.035 10.234
202406 9.140 155.789 9.263
202409 10.360 157.882 10.360

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


Bank of Baroda  (BOM:532134) 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.

Bank of Baroda's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=257.85/41.94
=6.15

* 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 Bank of Baroda was 6.34. The lowest was 5.66. And the median was 5.94.


Be Aware

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


Bank of Baroda E10 Related Terms

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


Bank of Baroda Business Description

Traded in Other Exchanges
Address
R.C. Dutt Road, 7th Floor, Baroda Bhavan, Alkapuri, Vadodara, GJ, IND, 390007
Bank of Baroda is a state-owned banking and financial services company in India. The company provides personal banking, corporate banking, international banking, small and medium enterprise banking, rural banking, non-resident Indian services, and treasury services. The bank provides service to an international customer base with branches in various countries. The bank focuses on meeting the capital needs of its clients by providing loan services. The company also provides a banking system that emphasizes Internet and mobile banking. Organizationally, the bank is divided into four segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations.

Bank of Baroda Headlines

No Headlines