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HT Media (BOM:532662) E10 : ₹2.30 (As of Dec. 2023)


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What is HT Media 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.

HT Media's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹-0.570. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.30 for the trailing ten years ended in Dec. 2023.

During the past 12 months, HT Media's average E10 Growth Rate was -42.80% per year. During the past 3 years, the average E10 Growth Rate was -30.80% 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 HT Media was -30.80% per year. The lowest was -30.80% per year. And the median was -30.80% per year.

As of today (2024-05-15), HT Media's current stock price is ₹27.23. HT Media's E10 for the quarter that ended in Dec. 2023 was ₹2.30. HT Media's Shiller PE Ratio of today is 11.84.

During the past 13 years, the highest Shiller PE Ratio of HT Media was 15.15. The lowest was 1.02. And the median was 4.77.


HT Media E10 Historical Data

The historical data trend for HT Media'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.

HT Media E10 Chart

HT Media 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 - 9.69 7.99 5.19 3.21

HT Media Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 4.02 3.61 3.21 2.74 2.30

Competitive Comparison of HT Media's E10

For the Publishing subindustry, HT Media'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.


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

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

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



HT Media 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, HT Media'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)
=-0.57/153.2548*153.2548
=-0.570

Current CPI (Dec. 2023) = 153.2548.

HT Media Quarterly Data

per share eps CPI Adj_EPS
201312 2.860 91.425 4.794
201403 1.520 91.425 2.548
201406 1.400 94.103 2.280
201409 1.890 96.780 2.993
201412 2.750 96.780 4.355
201503 1.690 97.163 2.666
201506 1.060 99.841 1.627
201509 1.580 101.753 2.380
201512 2.950 102.901 4.394
201603 1.850 102.518 2.766
201606 0.960 105.961 1.388
201609 1.330 105.961 1.924
201612 3.930 105.196 5.725
201703 1.100 105.196 1.603
201706 1.790 107.109 2.561
201709 2.850 109.021 4.006
201712 5.340 109.404 7.480
201803 3.220 109.786 4.495
201806 0.050 111.317 0.069
201809 -2.050 115.142 -2.729
201812 1.150 115.142 1.531
201903 -0.940 118.202 -1.219
201906 -6.730 120.880 -8.532
201909 -1.140 123.175 -1.418
201912 0.670 126.235 0.813
202003 -7.610 124.705 -9.352
202006 -2.230 127.000 -2.691
202009 -1.670 130.118 -1.967
202012 0.140 130.889 0.164
202103 0.690 131.771 0.802
202106 -2.910 134.084 -3.326
202109 1.000 135.847 1.128
202112 1.930 138.161 2.141
202203 0.710 138.822 0.784
202206 -1.490 142.347 -1.604
202209 -6.740 144.661 -7.140
202212 -0.950 145.763 -0.999
202303 -0.650 146.865 -0.678
202309 -2.180 151.492 -2.205
202312 -0.570 153.255 -0.570

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


HT Media  (BOM:532662) 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.

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

Shiller PE Ratio=Share Price/E10
=27.23/2.3
=11.84

* 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 HT Media was 15.15. The lowest was 1.02. And the median was 4.77.


Be Aware

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


HT Media E10 Related Terms

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


HT Media (BOM:532662) Business Description

Traded in Other Exchanges
Address
18-20, Kasturba Gandhi Marg, Hindustan Times House, 2nd Floor, New Delhi, IND, 110001
HT Media Ltd is a media company engaged in the printing and publishing of newspapers and periodicals. The company publishes Hindustan Times, an English daily, and Mint, a Business paper daily except on Sunday, and undertakes commercial printing jobs. It also engaged in the business of providing entertainment, radio broadcasts, and all other related activities through its Radio Stations operating under the brand name Fever 104, Fever, and Radio Nasha. The company's operating segment includes Printing and Publication of Newspapers and Periodicals; Radio Broadcasts and Entertainment and Digital. It generates maximum revenue from the Printing and Publishing of Newspaper and Periodicals segment.

HT Media (BOM:532662) Headlines

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