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TCFC Finance (BOM:532284) E10 : ₹4.25 (As of Dec. 2024)


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What is TCFC 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.

TCFC Finance's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹-0.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹4.25 for the trailing ten years ended in Dec. 2024.

During the past 12 months, TCFC Finance's average E10 Growth Rate was -0.90% per year. During the past 3 years, the average E10 Growth Rate was -2.30% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of TCFC Finance was -2.30% per year. The lowest was -2.30% per year. And the median was -2.30% per year.

As of today (2025-04-05), TCFC Finance's current stock price is ₹49.63. TCFC Finance's E10 for the quarter that ended in Dec. 2024 was ₹4.25. TCFC Finance's Shiller PE Ratio of today is 11.68.

During the past 13 years, the highest Shiller PE Ratio of TCFC Finance was 19.77. The lowest was 2.11. And the median was 9.64.


TCFC Finance E10 Historical Data

The historical data trend for TCFC 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.

TCFC Finance E10 Chart

TCFC 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 - 4.65 3.52 3.85 4.34

TCFC Finance 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 4.29 4.34 4.48 4.50 4.25

Competitive Comparison of TCFC Finance's E10

For the Capital Markets subindustry, TCFC 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.


TCFC Finance's Shiller PE Ratio Distribution in the Capital Markets Industry

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

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


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TCFC 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, TCFC Finance'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)
=-0.49/158.3229*158.3229
=-0.490

Current CPI (Dec. 2024) = 158.3229.

TCFC Finance Quarterly Data

per share eps CPI Adj_EPS
201503 1.320 97.163 2.151
201506 0.670 99.841 1.062
201509 0.430 101.753 0.669
201512 0.730 102.901 1.123
201603 1.440 102.518 2.224
201606 0.900 105.961 1.345
201609 0.920 105.961 1.375
201612 0.820 105.196 1.234
201703 -9.410 105.196 -14.162
201706 0.900 107.109 1.330
201709 0.810 109.021 1.176
201712 0.910 109.404 1.317
201803 1.070 109.786 1.543
201806 0.660 111.317 0.939
201809 3.330 115.142 4.579
201812 1.180 115.142 1.623
201903 -1.500 118.202 -2.009
201906 0.770 120.880 1.009
201909 0.500 123.175 0.643
201912 1.640 126.235 2.057
202003 -2.830 124.705 -3.593
202006 2.570 127.000 3.204
202009 1.470 130.118 1.789
202012 3.000 130.889 3.629
202103 2.060 131.771 2.475
202106 1.057 134.084 1.248
202109 3.450 135.847 4.021
202112 0.330 138.161 0.378
202203 1.050 138.822 1.197
202206 -1.230 142.347 -1.368
202209 1.130 144.661 1.237
202212 1.230 145.763 1.336
202303 -0.560 146.865 -0.604
202306 3.690 150.280 3.887
202309 2.700 151.492 2.822
202312 3.010 152.924 3.116
202403 2.330 153.035 2.411
202406 3.460 155.789 3.516
202409 1.090 157.882 1.093
202412 -0.490 158.323 -0.490

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


TCFC Finance  (BOM:532284) 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.

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

Shiller PE Ratio=Share Price/E10
=49.63/4.25
=11.68

* 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 TCFC Finance was 19.77. The lowest was 2.11. And the median was 9.64.


Be Aware

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


TCFC Finance E10 Related Terms

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


TCFC Finance Business Description

Traded in Other Exchanges
N/A
Address
Free Press Journal Marg, 501-502, Raheja Chambers, Nariman Point, Mumbai, MH, IND, 400021
TCFC Finance Ltd is an India-based non-banking financial company. The company is engaged in the business of finance and investments and trading in equity shares, mutual funds, and securities. The company generates revenue from interest and dividend income. It operates in a single business segment i.e. NBFC.

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