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Ashoka Buildcon (BOM:533271) E10 : ₹6.85 (As of Mar. 2024)


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What is Ashoka Buildcon 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.

Ashoka Buildcon's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹7.690. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹6.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ashoka Buildcon's average E10 Growth Rate was 21.20% 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 (2024-06-03), Ashoka Buildcon's current stock price is ₹183.30. Ashoka Buildcon's E10 for the quarter that ended in Mar. 2024 was ₹6.85. Ashoka Buildcon's Shiller PE Ratio of today is 26.76.

During the past 13 years, the highest Shiller PE Ratio of Ashoka Buildcon was 29.85. The lowest was 9.37. And the median was 14.65.


Ashoka Buildcon E10 Historical Data

The historical data trend for Ashoka Buildcon'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.

Ashoka Buildcon E10 Chart

Ashoka Buildcon 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 - - 7.65 5.65 6.85

Ashoka Buildcon Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 5.65 5.86 5.84 6.26 6.85

Competitive Comparison of Ashoka Buildcon's E10

For the Engineering & Construction subindustry, Ashoka Buildcon'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.


Ashoka Buildcon's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ashoka Buildcon's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ashoka Buildcon's Shiller PE Ratio falls into.



Ashoka Buildcon 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, Ashoka Buildcon'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)
=7.69/153.0345*153.0345
=7.690

Current CPI (Mar. 2024) = 153.0345.

Ashoka Buildcon Quarterly Data

per share eps CPI Adj_EPS
201212 0.527 83.774 0.963
201303 0.273 85.687 0.488
201306 0.424 88.365 0.734
201309 0.787 91.042 1.323
201312 1.413 91.425 2.365
201403 0.573 91.425 0.959
201406 1.527 94.103 2.483
201409 0.233 96.780 0.368
201412 0.047 96.780 0.074
201503 1.593 97.163 2.509
201506 0.440 99.841 0.674
201509 1.427 101.753 2.146
201512 0.467 102.901 0.695
201603 -5.420 102.518 -8.091
201703 -7.313 105.196 -10.639
201803 -3.960 109.786 -5.520
201806 -0.180 111.317 -0.247
201809 -0.090 115.142 -0.120
201812 -0.560 115.142 -0.744
201903 -0.360 118.202 -0.466
201906 -0.700 120.880 -0.886
201909 0.640 123.175 0.795
201912 1.150 126.235 1.394
202003 4.790 124.705 5.878
202006 -1.000 127.000 -1.205
202009 2.610 130.118 3.070
202012 3.150 130.889 3.683
202103 5.080 131.771 5.900
202106 2.860 134.084 3.264
202109 2.850 135.847 3.211
202112 13.980 138.161 15.485
202203 8.040 138.822 8.863
202206 4.790 142.347 5.150
202209 2.270 144.661 2.401
202212 4.850 145.763 5.092
202303 -1.490 146.865 -1.553
202306 2.410 150.280 2.454
202309 4.000 151.492 4.041
202312 3.820 152.924 3.823
202403 7.690 153.035 7.690

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


Ashoka Buildcon  (BOM:533271) 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.

Ashoka Buildcon's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=183.30/6.85
=26.76

* 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 Ashoka Buildcon was 29.85. The lowest was 9.37. And the median was 14.65.


Be Aware

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


Ashoka Buildcon E10 Related Terms

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


Ashoka Buildcon (BOM:533271) Business Description

Traded in Other Exchanges
Address
Ashoka Marg, S. No. 861, Ashoka House, Vadala, Nashik, MH, IND, 422011
Ashoka Buildcon Ltd develops highways and is also active in power transmission and distribution. It operates in three segments: Construction and Contract Related Activities includes Engineering, Procurement and Construction activity of infra projects, Build operate and transfer includes Annuity to develop infra developer under BOT & Annuity, and Sale of Goods consist mainly Sale of construction material which includes RMC and Real estate. The company has its business operations across India. The majority of the revenue is generated from construction and contract-related activity.

Ashoka Buildcon (BOM:533271) Headlines

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