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Balmer Lawrie Investments (BOM:532485) E10 : ₹105.19 (As of Dec. 2023)


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What is Balmer Lawrie Investments 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.

Balmer Lawrie Investments's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹19.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹105.19 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Balmer Lawrie Investments's average E10 Growth Rate was -34.10% 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.

As of today (2024-05-24), Balmer Lawrie Investments's current stock price is ₹970.40. Balmer Lawrie Investments's E10 for the quarter that ended in Dec. 2023 was ₹105.19. Balmer Lawrie Investments's Shiller PE Ratio of today is 9.23.

During the past 13 years, the highest Shiller PE Ratio of Balmer Lawrie Investments was 8.21. The lowest was 2.12. And the median was 3.08.


Balmer Lawrie Investments E10 Historical Data

The historical data trend for Balmer Lawrie Investments'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.

Balmer Lawrie Investments E10 Chart

Balmer Lawrie Investments 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 - - - - 146.95

Balmer Lawrie Investments Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 159.91 146.95 134.45 119.43 105.19

Competitive Comparison of Balmer Lawrie Investments's E10

For the Conglomerates subindustry, Balmer Lawrie Investments'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.


Balmer Lawrie Investments's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Balmer Lawrie Investments's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Balmer Lawrie Investments's Shiller PE Ratio falls into.



Balmer Lawrie Investments 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, Balmer Lawrie Investments's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=19.38/152.9243*152.9243
=19.380

Current CPI (Dec. 2023) = 152.9243.

Balmer Lawrie Investments Quarterly Data

per share eps CPI Adj_EPS
201103 78.800 70.768 170.280
201203 51.950 76.889 103.324
201209 13.000 82.244 24.172
201303 101.968 85.687 181.981
201309 14.290 91.042 24.003
201403 54.630 91.425 91.378
201503 16.080 97.163 25.308
201512 0.440 102.901 0.654
201603 0.420 102.518 0.627
201606 0.370 105.961 0.534
201609 16.210 105.961 23.394
201612 0.440 105.196 0.640
201703 0.460 105.196 0.669
201706 0.490 107.109 0.700
201709 22.610 109.021 31.715
201712 0.530 109.404 0.741
201803 0.530 109.786 0.738
201806 14.300 111.317 19.645
201809 32.180 115.142 42.739
201812 15.237 115.142 20.237
201903 23.412 118.202 30.289
201906 9.692 120.880 12.261
201909 11.058 123.175 13.729
201912 17.480 126.235 21.176
202003 13.970 124.705 17.131
202006 -0.430 127.000 -0.518
202009 8.970 130.118 10.542
202012 5.860 130.889 6.847
202103 21.520 131.771 24.975
202106 10.480 134.084 11.953
202109 7.940 135.847 8.938
202112 7.960 138.161 8.811
202203 13.370 138.822 14.728
202206 16.000 142.347 17.189
202209 10.240 144.661 10.825
202212 11.000 145.763 11.540
202303 12.730 146.865 13.255
202306 16.610 150.280 16.902
202309 18.340 151.492 18.513
202312 19.380 152.924 19.380

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


Balmer Lawrie Investments  (BOM:532485) 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.

Balmer Lawrie Investments's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=970.40/105.19
=9.23

* 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 Balmer Lawrie Investments was 8.21. The lowest was 2.12. And the median was 3.08.


Be Aware

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


Balmer Lawrie Investments E10 Related Terms

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


Balmer Lawrie Investments (BOM:532485) Business Description

Traded in Other Exchanges
N/A
Address
21, Netaji Subhas Road, Kolkata, WB, IND, 700001
Balmer Lawrie Investments Ltd is an investment company. Its operating segment includes Industrial Packaging; Logistics Infrastructure; logistics services; Travel and Vacations; Greases and Lubricants; Investment Business and others. It generates maximum revenue from the Industrial Packaging segment.

Balmer Lawrie Investments (BOM:532485) Headlines

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