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Mahindra Lifespace Developers (BOM:532313) E10 : ₹7.90 (As of Mar. 2024)


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What is Mahindra Lifespace Developers 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.

Mahindra Lifespace Developers's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹4.600. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹7.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mahindra Lifespace Developers's average E10 Growth Rate was -3.70% per year. During the past 3 years, the average E10 Growth Rate was -31.60% 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 Mahindra Lifespace Developers was -31.60% per year. The lowest was -34.30% per year. And the median was -32.95% per year.

As of today (2024-05-16), Mahindra Lifespace Developers's current stock price is ₹608.65. Mahindra Lifespace Developers's E10 for the quarter that ended in Mar. 2024 was ₹7.90. Mahindra Lifespace Developers's Shiller PE Ratio of today is 77.04.

During the past 13 years, the highest Shiller PE Ratio of Mahindra Lifespace Developers was 84.42. The lowest was 2.05. And the median was 39.00.


Mahindra Lifespace Developers E10 Historical Data

The historical data trend for Mahindra Lifespace Developers'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.

Mahindra Lifespace Developers E10 Chart

Mahindra Lifespace Developers 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 28.90 24.72 8.89 8.20 7.90

Mahindra Lifespace Developers 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 8.20 8.08 7.78 7.82 7.90

Competitive Comparison of Mahindra Lifespace Developers's E10

For the Real Estate - Development subindustry, Mahindra Lifespace Developers'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.


Mahindra Lifespace Developers's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mahindra Lifespace Developers's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mahindra Lifespace Developers's Shiller PE Ratio falls into.



Mahindra Lifespace Developers 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, Mahindra Lifespace Developers'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)
=4.6/153.0345*153.0345
=4.600

Current CPI (Mar. 2024) = 153.0345.

Mahindra Lifespace Developers Quarterly Data

per share eps CPI Adj_EPS
201406 13.589 94.103 22.099
201409 1.728 96.780 2.732
201412 2.499 96.780 3.952
201503 2.220 97.163 3.497
201506 1.626 99.841 2.492
201509 0.455 101.753 0.684
201512 1.790 102.901 2.662
201603 3.923 102.518 5.856
201606 1.413 105.961 2.041
201609 2.397 105.961 3.462
201612 2.627 105.196 3.822
201703 1.413 105.196 2.056
201706 0.940 107.109 1.343
201709 0.870 109.021 1.221
201712 1.697 109.404 2.374
201803 3.120 109.786 4.349
201806 1.730 111.317 2.378
201809 2.667 115.142 3.545
201812 1.333 115.142 1.772
201903 2.027 118.202 2.624
201906 0.833 120.880 1.055
201909 1.027 123.175 1.276
201912 0.117 126.235 0.142
202003 -14.533 124.705 -17.834
202006 -1.297 127.000 -1.563
202009 -0.870 130.118 -1.023
202012 -0.630 130.889 -0.737
202103 -1.820 131.771 -2.114
202106 -0.910 134.084 -1.039
202109 0.850 135.847 0.958
202112 1.610 138.161 1.783
202203 8.820 138.822 9.723
202206 4.850 142.347 5.214
202209 -0.500 144.661 -0.529
202212 2.140 145.763 2.247
202303 0.030 146.865 0.031
202306 -0.280 150.280 -0.285
202309 -1.220 151.492 -1.232
202312 3.220 152.924 3.222
202403 4.600 153.035 4.600

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


Mahindra Lifespace Developers  (BOM:532313) 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.

Mahindra Lifespace Developers's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=608.65/7.9
=77.04

* 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 Mahindra Lifespace Developers was 84.42. The lowest was 2.05. And the median was 39.00.


Be Aware

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


Mahindra Lifespace Developers E10 Related Terms

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


Mahindra Lifespace Developers (BOM:532313) Business Description

Traded in Other Exchanges
Address
Dr. G. M. Bhosale Marg, Mahindra Towers, 5th Floor, Worli, Mumbai, MH, IND, 400 018
Mahindra Lifespace Developers Ltd is an India-based real estate development company. The firm, along with its subsidiary companies, is engaged in the development of residential projects and integrated large-format development. Its residential offering comprises mid-premium segment housing as well as affordable housing. It operates in two business segments including Operating of Commercial complexes and Projects, project management, and development segment. Operating of commercial complexes includes rental income from commercial properties. A project, project management, and development segment include income from the sale of residential units.

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