GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » DCB Bank Ltd (BOM:532772) » Definitions » E10

DCB Bank (BOM:532772) E10 : ₹12.36 (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is DCB Bank 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.

DCB Bank's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹4.920. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹12.36 for the trailing ten years ended in Mar. 2024.

During the past 12 months, DCB Bank's average E10 Growth Rate was 9.20% per year. During the past 3 years, the average E10 Growth Rate was 14.60% 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 DCB Bank was 14.60% per year. The lowest was 14.60% per year. And the median was 14.60% per year.

As of today (2024-05-16), DCB Bank's current stock price is ₹129.85. DCB Bank's E10 for the quarter that ended in Mar. 2024 was ₹12.36. DCB Bank's Shiller PE Ratio of today is 10.51.

During the past 13 years, the highest Shiller PE Ratio of DCB Bank was 22.58. The lowest was 7.15. And the median was 10.46.


DCB Bank E10 Historical Data

The historical data trend for DCB Bank'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.

DCB Bank E10 Chart

DCB Bank 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 -1.75 8.21 9.98 11.32 12.36

DCB Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 11.02 11.32 11.79 12.11 12.36

Competitive Comparison of DCB Bank's E10

For the Banks - Regional subindustry, DCB Bank'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.


DCB Bank's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, DCB Bank's Shiller PE Ratio distribution charts can be found below:

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



DCB Bank 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, DCB Bank's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.92/153.0345*153.0345
=4.920

Current CPI (Mar. 2024) = 153.0345.

DCB Bank Quarterly Data

per share eps CPI Adj_EPS
201403 1.530 91.425 2.561
201406 1.760 94.103 2.862
201409 1.610 96.780 2.546
201412 1.490 96.780 2.356
201503 2.200 97.163 3.465
201506 1.620 99.841 2.483
201509 1.280 101.753 1.925
201512 1.430 102.901 2.127
201603 2.410 102.518 3.598
201606 1.630 105.961 2.354
201609 1.680 105.961 2.426
201612 1.770 105.196 2.575
201703 1.820 105.196 2.648
201706 2.120 107.109 3.029
201709 1.870 109.021 2.625
201712 1.810 109.404 2.532
201803 2.040 109.786 2.844
201806 2.210 111.317 3.038
201809 2.340 115.142 3.110
201812 2.740 115.142 3.642
201903 3.060 118.202 3.962
201906 2.570 120.880 3.254
201909 2.900 123.175 3.603
201912 3.070 126.235 3.722
202003 2.190 124.705 2.688
202006 2.530 127.000 3.049
202009 2.630 130.118 3.093
202012 3.070 130.889 3.589
202103 2.460 131.771 2.857
202106 1.080 134.084 1.233
202109 2.070 135.847 2.332
202112 2.410 138.161 2.669
202203 3.630 138.822 4.002
202206 3.110 142.347 3.343
202209 3.590 144.661 3.798
202212 3.620 145.763 3.801
202303 4.500 146.865 4.689
202309 4.020 151.492 4.061
202312 4.020 152.924 4.023
202403 4.920 153.035 4.920

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


DCB Bank  (BOM:532772) 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.

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

Shiller PE Ratio=Share Price/E10
=129.85/12.36
=10.51

* 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 DCB Bank was 22.58. The lowest was 7.15. And the median was 10.46.


Be Aware

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


DCB Bank E10 Related Terms

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


DCB Bank (BOM:532772) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, 601 and 602, 6th Floor, Tower A, Peninsula Business Park, Lower Parel, Mumbai, IND, 400013
DCB Bank Ltd is an Indian commercial bank catering to corporate and retail customers. Its banking operations are structured into retail banking, wholesale banking, treasury operations, and other banking operations. It depends primarily on its retail banking operations for the core of the bank's revenues. Through this segment, it handles the lending, deposit-taking, and other services offered to retail customers. The Corporate/Wholesale Banking segment includes lending, deposit-taking, and other services offered to corporate customers. The treasury operations encompass all financial markets activities such as trading, maintenance of reserve requirements, and resource mobilization, and the other banking operations segment includes para banking activities and merchant banking.

DCB Bank (BOM:532772) Headlines

No Headlines