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Inventure Growth & Securities (BOM:533506) E10 : ₹0.25 (As of Dec. 2023)


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What is Inventure Growth & Securities 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.

Inventure Growth & Securities's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.25 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Inventure Growth & Securities's average E10 Growth Rate was 4.20% 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 (2024-04-27), Inventure Growth & Securities's current stock price is ₹2.24. Inventure Growth & Securities's E10 for the quarter that ended in Dec. 2023 was ₹0.25. Inventure Growth & Securities's Shiller PE Ratio of today is 8.96.

During the past 13 years, the highest Shiller PE Ratio of Inventure Growth & Securities was 13.08. The lowest was 5.44. And the median was 8.45.


Inventure Growth & Securities E10 Historical Data

The historical data trend for Inventure Growth & Securities'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.

Inventure Growth & Securities E10 Chart

Inventure Growth & Securities 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 - - - - 0.24

Inventure Growth & Securities Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.24 0.24 0.25 0.25 0.25

Competitive Comparison of Inventure Growth & Securities's E10

For the Capital Markets subindustry, Inventure Growth & Securities'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.


Inventure Growth & Securities's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Inventure Growth & Securities's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Inventure Growth & Securities's Shiller PE Ratio falls into.



Inventure Growth & Securities 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, Inventure Growth & Securities'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)
=0.03/153.2548*153.2548
=0.030

Current CPI (Dec. 2023) = 153.2548.

Inventure Growth & Securities Quarterly Data

per share eps CPI Adj_EPS
201306 0.014 88.365 0.024
201309 -0.017 91.042 -0.029
201312 0.013 91.425 0.022
201403 -0.014 91.425 -0.023
201406 0.119 94.103 0.194
201409 0.009 96.780 0.014
201412 0.001 96.780 0.002
201503 -0.008 97.163 -0.013
201506 -0.007 99.841 -0.011
201509 -0.056 101.753 -0.084
201512 0.072 102.901 0.107
201603 -0.067 102.518 -0.100
201606 0.036 105.961 0.052
201609 0.000 105.961 0.000
201612 -0.061 105.196 -0.089
201703 0.031 105.196 0.045
201803 0.540 109.786 0.754
201806 0.015 111.317 0.021
201809 -0.005 115.142 -0.007
201812 -0.031 115.142 -0.041
201903 -0.023 118.202 -0.030
201906 0.012 120.880 0.015
201909 -0.047 123.175 -0.058
201912 -0.028 126.235 -0.034
202003 0.064 124.705 0.079
202006 -0.020 127.000 -0.024
202009 0.500 130.118 0.589
202012 0.020 130.889 0.023
202103 0.100 131.771 0.116
202106 0.500 134.084 0.571
202109 0.040 135.847 0.045
202112 0.050 138.161 0.055
202203 0.030 138.822 0.033
202206 0.030 142.347 0.032
202209 0.020 144.661 0.021
202212 0.020 145.763 0.021
202303 0.050 146.865 0.052
202306 0.010 150.280 0.010
202309 0.020 151.492 0.020
202312 0.030 153.255 0.030

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


Inventure Growth & Securities  (BOM:533506) 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.

Inventure Growth & Securities's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.24/0.25
=8.96

* 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 Inventure Growth & Securities was 13.08. The lowest was 5.44. And the median was 8.45.


Be Aware

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


Inventure Growth & Securities E10 Related Terms

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


Inventure Growth & Securities (BOM:533506) Business Description

Traded in Other Exchanges
Address
Western Express Highway, 201, 2nd Floor, Viraj Towers, Near Landmark Building, Andheri (East), Mumbai, MH, IND, 400069
Inventure Growth & Securities Ltd is engaged in the business of providing stock broking and depository participant services. The company is operating in segments like cash and derivatives trading, currency futures and is a registered depository participant with Central Depository Service (India) Limited (CDSL}. The Company operates in products and services across various asset classes like mutual funds, real estate, debt, and insurance, etc.

Inventure Growth & Securities (BOM:533506) Headlines

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