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Aptech (BOM:532475) E10 : ₹5.75 (As of Sep. 2024)


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What is Aptech 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.

Aptech's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹0.950. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹5.75 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Aptech's average E10 Growth Rate was -1.90% per year. During the past 3 years, the average E10 Growth Rate was 3.70% 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 Aptech was 3.70% per year. The lowest was 2.40% per year. And the median was 3.05% per year.

As of today (2024-12-14), Aptech's current stock price is ₹195.60. Aptech's E10 for the quarter that ended in Sep. 2024 was ₹5.75. Aptech's Shiller PE Ratio of today is 34.02.

During the past 13 years, the highest Shiller PE Ratio of Aptech was 407.95. The lowest was 8.09. And the median was 39.62.


Aptech E10 Historical Data

The historical data trend for Aptech'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.

Aptech E10 Chart

Aptech 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 5.28 5.05 5.01 5.67 5.63

Aptech 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 5.86 5.88 5.63 5.72 5.75

Competitive Comparison of Aptech's E10

For the Education & Training Services subindustry, Aptech'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.


Aptech's Shiller PE Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Aptech's Shiller PE Ratio distribution charts can be found below:

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



Aptech 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, Aptech'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)
=0.95/157.8822*157.8822
=0.950

Current CPI (Sep. 2024) = 157.8822.

Aptech Quarterly Data

per share eps CPI Adj_EPS
201412 0.486 96.780 0.793
201503 0.879 97.163 1.428
201506 0.507 99.841 0.802
201509 0.493 101.753 0.765
201512 0.493 102.901 0.756
201603 0.329 102.518 0.507
201606 0.136 105.961 0.203
201609 1.286 105.961 1.916
201612 1.393 105.196 2.091
201703 0.514 105.196 0.771
201706 0.336 107.109 0.495
201709 3.729 109.021 5.400
201712 0.364 109.404 0.525
201803 1.236 109.786 1.777
201806 0.607 111.317 0.861
201809 1.436 115.142 1.969
201812 0.300 115.142 0.411
201903 0.821 118.202 1.097
201906 0.536 120.880 0.700
201909 1.914 123.175 2.453
201912 1.171 126.235 1.465
202003 -1.307 124.705 -1.655
202006 -1.157 127.000 -1.438
202009 0.321 130.118 0.389
202012 1.257 130.889 1.516
202103 1.693 131.771 2.028
202106 -0.029 134.084 -0.034
202109 1.957 135.847 2.274
202112 2.214 138.161 2.530
202203 4.457 138.822 5.069
202206 0.514 142.347 0.570
202209 2.330 144.661 2.543
202212 3.060 145.763 3.314
202303 5.760 146.865 6.192
202306 1.400 150.280 1.471
202309 1.970 151.492 2.053
202312 1.160 152.924 1.198
202403 0.480 153.035 0.495
202406 0.870 155.789 0.882
202409 0.950 157.882 0.950

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


Aptech  (BOM:532475) 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.

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

Shiller PE Ratio=Share Price/E10
=195.60/5.75
=34.02

* 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 Aptech was 407.95. The lowest was 8.09. And the median was 39.62.


Be Aware

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


Aptech E10 Related Terms

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


Aptech Business Description

Traded in Other Exchanges
Address
MIDC, A-65, Aptech House, Marol, Andheri (E), Mumbai, MH, IND, 400093
Aptech Ltd is engaged in the education training and assessment solution services business. Its business segments include Retail and Institutional. The Retail segment which generates maximum revenue, consists of centers offering Aptech's programs in the vocational space and the pre-school segment in the retail format. The Institutional segment provides the servicing assessment, testing, and corporate training to institutional customers. Geographically, it derives key revenue from its customers within India and also holds a presence outside India.

Aptech Headlines

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