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Brightcom Group (BOM:532368) E10 : ₹8.14 (As of Jun. 2023)


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What is Brightcom Group 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.

Brightcom Group's adjusted earnings per share data for the three months ended in Jun. 2023 was ₹1.590. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹8.14 for the trailing ten years ended in Jun. 2023.

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 (2024-05-31), Brightcom Group's current stock price is ₹10.97. Brightcom Group's E10 for the quarter that ended in Jun. 2023 was ₹8.14. Brightcom Group's Shiller PE Ratio of today is 1.35.

During the past 13 years, the highest Shiller PE Ratio of Brightcom Group was 3.87. The lowest was 1.17. And the median was 2.21.


Brightcom Group E10 Historical Data

The historical data trend for Brightcom Group'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.

Brightcom Group E10 Chart

Brightcom Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Brightcom Group Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - - - - 8.14

Competitive Comparison of Brightcom Group's E10

For the Advertising Agencies subindustry, Brightcom Group'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.


Brightcom Group's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Brightcom Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Brightcom Group's Shiller PE Ratio falls into.



Brightcom Group 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, Brightcom Group's adjusted earnings per share data for the three months ended in Jun. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=1.59/150.2801*150.2801
=1.590

Current CPI (Jun. 2023) = 150.2801.

Brightcom Group Quarterly Data

per share eps CPI Adj_EPS
201203 4.030 76.889 7.877
201206 0.600 79.567 1.133
201209 0.504 82.244 0.921
201212 0.610 83.774 1.094
201303 -1.201 85.687 -2.106
201306 0.624 88.365 1.061
201309 0.581 91.042 0.959
201312 0.667 91.425 1.096
201403 0.354 91.425 0.582
201406 0.840 94.103 1.341
201409 0.830 96.780 1.289
201412 0.998 96.780 1.550
201503 0.782 97.163 1.210
201506 0.912 99.841 1.373
201509 1.061 101.753 1.567
201512 1.262 102.901 1.843
201603 0.792 102.518 1.161
201703 9.010 105.196 12.871
201803 8.550 109.786 11.704
201806 0.922 111.317 1.245
201809 1.075 115.142 1.403
201812 1.392 115.142 1.817
201903 1.085 118.202 1.379
201906 0.840 120.880 1.044
201909 1.061 123.175 1.294
201912 1.450 126.235 1.726
202003 1.085 124.705 1.308
202006 0.960 127.000 1.136
202009 0.974 130.118 1.125
202012 1.638 130.889 1.881
202103 1.324 131.771 1.510
202106 0.840 134.084 0.941
202109 1.218 135.847 1.347
202112 3.550 138.161 3.861
202203 1.105 138.822 1.196
202206 1.370 142.347 1.446
202209 1.590 144.661 1.652
202212 2.690 145.763 2.773
202303 1.130 146.865 1.156
202306 1.590 150.280 1.590

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


Brightcom Group  (BOM:532368) 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.

Brightcom Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=10.97/8.14
=1.35

* 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 Brightcom Group was 3.87. The lowest was 1.17. And the median was 2.21.


Be Aware

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


Brightcom Group E10 Related Terms

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


Brightcom Group (BOM:532368) Business Description

Traded in Other Exchanges
Address
Road No. 2, Nanakramguda, 5th Floor, Fairfield by Marriott, Gachibowli, Hyderabad, TG, IND, 500032
Brightcom Group Ltd is an Indian service company. It is engaged in providing digital marketing services, and the development of computer software and services locally and overseas. The firm operates through two segments: Digital Marketing and Software Development Segment. The company is also an information technology implementation and outsourcing services provider. It offers digital marketing solutions to businesses, agencies and online publishers around the world. It provides enterprise solution offerings and specializes in enterprise resource planning (ERP) solutions, Microsoft, and open source systems development. The firm derives key revenue from Digital Marketing Segment. Substantial revenue is generated from export sales of software and services.

Brightcom Group (BOM:532368) Headlines

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