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Renaissance Global (BOM:532923) E10 : ₹9.00 (As of Sep. 2024)


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What is Renaissance Global 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.

Renaissance Global's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹1.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹9.00 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Renaissance Global's average E10 Growth Rate was 6.50% 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 (2024-12-12), Renaissance Global's current stock price is ₹184.90. Renaissance Global's E10 for the quarter that ended in Sep. 2024 was ₹9.00. Renaissance Global's Shiller PE Ratio of today is 20.54.

During the past 13 years, the highest Shiller PE Ratio of Renaissance Global was 24.07. The lowest was 10.41. And the median was 13.10.


Renaissance Global E10 Historical Data

The historical data trend for Renaissance Global'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.

Renaissance Global E10 Chart

Renaissance Global 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 - - 6.91 7.97 8.54

Renaissance Global 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 8.45 8.55 8.54 8.82 9.00

Competitive Comparison of Renaissance Global's E10

For the Luxury Goods subindustry, Renaissance Global'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.


Renaissance Global's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Renaissance Global's Shiller PE Ratio distribution charts can be found below:

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



Renaissance Global 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, Renaissance Global'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)
=1.15/157.8822*157.8822
=1.150

Current CPI (Sep. 2024) = 157.8822.

Renaissance Global Quarterly Data

per share eps CPI Adj_EPS
201412 2.968 96.780 4.842
201503 0.656 97.163 1.066
201506 0.508 99.841 0.803
201509 0.954 101.753 1.480
201512 2.852 102.901 4.376
201603 0.658 102.518 1.013
201606 0.604 105.961 0.900
201609 0.774 105.961 1.153
201612 2.399 105.196 3.601
201703 0.684 105.196 1.027
201706 0.942 107.109 1.389
201709 1.812 109.021 2.624
201712 3.176 109.404 4.583
201803 0.912 109.786 1.312
201806 1.240 111.317 1.759
201809 2.300 115.142 3.154
201812 4.050 115.142 5.553
201903 0.624 118.202 0.833
201906 1.770 120.880 2.312
201909 2.390 123.175 3.063
201912 4.690 126.235 5.866
202003 0.570 124.705 0.722
202006 -1.882 127.000 -2.340
202009 2.094 130.118 2.541
202012 2.712 130.889 3.271
202103 1.612 131.771 1.931
202106 0.494 134.084 0.582
202109 2.990 135.847 3.475
202112 3.470 138.161 3.965
202203 2.240 138.822 2.548
202206 2.550 142.347 2.828
202209 1.630 144.661 1.779
202212 2.840 145.763 3.076
202303 2.130 146.865 2.290
202306 1.500 150.280 1.576
202309 1.100 151.492 1.146
202312 2.910 152.924 3.004
202403 2.030 153.035 2.094
202406 1.610 155.789 1.632
202409 1.150 157.882 1.150

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


Renaissance Global  (BOM:532923) 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.

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

Shiller PE Ratio=Share Price/E10
=184.90/9
=20.54

* 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 Renaissance Global was 24.07. The lowest was 10.41. And the median was 13.10.


Be Aware

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


Renaissance Global E10 Related Terms

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


Renaissance Global Business Description

Traded in Other Exchanges
Address
Plot Number 36A and 37, SEEPZ - SEZ, MIDC, Marol, Andheri (East), Mumbai, MH, IND, 400 096
Renaissance Global Ltd is engaged in manufacturing, trading, and retail of Jewellery, Gems, Diamond, Furniture and accessories. The jewelry products include Gold, Silver, Platinum, Studded with Polished Diamonds, and Semi-precious and precious stones. Its portfolio consists of Rings, Earrings, Pendants, Bracelets, Necklaces, Bangles, Money clips, Tie pins and Cuff links, among others. The brands of the company are Irasva, Enchanted Disney and Hallmark, among others. It sells the products in India and also exports them to other countries, of which prime revenue is generated from the sales made outside of India.

Renaissance Global Headlines

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