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Sun TV Network (BOM:532733) E10

: ₹38.61 (As of Mar. 2023)
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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.

Sun TV Network's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was ₹43.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹38.61 for the trailing ten years ended in Mar. 2023.

As of today (2023-06-03), Sun TV Network's current stock price is ₹ 455.80. Sun TV Network's E10 for the fiscal year that ended in Mar. 2023 was . Sun TV Network's Shiller PE Ratio of today is 11.81.

During the past 13 years, the highest Shiller PE Ratio of Sun TV Network was 47.37. The lowest was 8.71. And the median was 21.21.


Sun TV Network E10 Historical Data

The historical data trend for Sun TV Network'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.

Sun TV Network Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.09 30.63 32.59 35.32 38.61

Sun TV Network Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
E10 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 Premium Member Only Premium Member Only Premium Member Only 35.32 - - - 38.61

Competitive Comparison

For the Broadcasting subindustry, Sun TV Network's E10, along with its competitors' market caps and E10 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.

   

Sun TV Network E10 Distribution

For the Media - Diversified industry and Communication Services sector, Sun TV Network's E10 distribution charts can be found below:

* The bar in red indicates where Sun TV Network's E10 falls in comparison to its industry or sector. The grey bar indicates the E10's extreme value range as defined by GuruFocus.



Sun TV Network 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, Sun TV Network's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=43.31/146.8646*146.8646
=43.310

Current CPI (Mar. 2023) = 146.8646.

Sun TV Network Annual Data

per_share_eps CPI Adj_EPS
201403 18.980 91.425 30.489
201503 19.840 97.163 29.989
201603 23.400 102.518 33.522
201703 26.143 105.196 36.498
201803 28.804 109.786 38.532
201903 36.370 118.202 45.189
202003 35.149 124.705 41.395
202103 38.698 131.771 43.131
202203 41.660 138.822 44.074
202303 43.310 146.865 43.310

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


Sun TV Network  (BOM:532733) 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.

Sun TV Network's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=455.80/38.61
=11.81

* 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 Sun TV Network was 47.37. The lowest was 8.71. And the median was 21.21.


Be Aware

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


Sun TV Network E10 Related Terms

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


Sun TV Network (BOM:532733) Business Description

Sun TV Network logo
Traded in Other Exchanges
Address
73, MRC Nagar Main Road, Murasoli Maran Towers, MRC Nagar, Chennai, TN, IND, 600028
Sun TV Network Ltd is a media and entertainment company. The group owns and operates a series of television networks across four languages in the news, music, action, life, movies, kids, and comedy genres. It also airs FM stations in several Indian languages. Its business activities are reported under a single segment being Broadcasting. The company generates revenues from advertising, broadcasting fees, International subscriptions, other subscriptions, movie distribution, and content trading. Geographically, the group is focused on the Indian market with few operations outside India.

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