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NBCC India (BOM:534309) E10 : ₹1.97 (As of Jun. 2024)


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What is NBCC India 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.

NBCC India's adjusted earnings per share data for the three months ended in Jun. 2024 was ₹0.580. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹1.97 for the trailing ten years ended in Jun. 2024.

During the past 12 months, NBCC India's average E10 Growth Rate was 3.70% per year. During the past 3 years, the 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of NBCC India was -4.20% per year. The lowest was -4.20% per year. And the median was -4.20% per year.

As of today (2024-09-22), NBCC India's current stock price is ₹174.10. NBCC India's E10 for the quarter that ended in Jun. 2024 was ₹1.97. NBCC India's Shiller PE Ratio of today is 88.38.

During the past 13 years, the highest Shiller PE Ratio of NBCC India was 96.35. The lowest was 10.42. And the median was 21.52.


NBCC India E10 Historical Data

The historical data trend for NBCC India'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.

NBCC India E10 Chart

NBCC India 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 - 2.17 1.84 1.85 1.91

NBCC India Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.90 1.90 1.93 1.91 1.97

Competitive Comparison of NBCC India's E10

For the Engineering & Construction subindustry, NBCC India'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.


NBCC India's Shiller PE Ratio Distribution in the Construction Industry

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

* The bar in red indicates where NBCC India's Shiller PE Ratio falls into.



NBCC India 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, NBCC India's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.58/155.7889*155.7889
=0.580

Current CPI (Jun. 2024) = 155.7889.

NBCC India Quarterly Data

per share eps CPI Adj_EPS
201409 0.337 96.780 0.542
201412 0.280 96.780 0.451
201503 0.743 97.163 1.191
201506 0.223 99.841 0.348
201509 0.380 101.753 0.582
201512 0.310 102.901 0.469
201603 0.692 102.518 1.052
201606 0.260 105.961 0.382
201609 0.385 105.961 0.566
201612 0.360 105.196 0.533
201703 0.485 105.196 0.718
201706 0.330 107.109 0.480
201709 0.440 109.021 0.629
201712 0.380 109.404 0.541
201803 0.405 109.786 0.575
201806 0.440 111.317 0.616
201809 0.380 115.142 0.514
201812 0.460 115.142 0.622
201903 0.760 118.202 1.002
201906 0.270 120.880 0.348
201909 -0.550 123.175 -0.696
201912 0.280 126.235 0.346
202003 0.439 124.705 0.548
202006 0.030 127.000 0.037
202009 0.240 130.118 0.287
202012 0.520 130.889 0.619
202103 0.460 131.771 0.544
202106 0.200 134.084 0.232
202109 0.400 135.847 0.459
202112 0.460 138.161 0.519
202203 0.200 138.822 0.224
202206 -0.030 142.347 -0.033
202209 0.530 144.661 0.571
202212 0.380 145.763 0.406
202303 0.600 146.865 0.636
202306 0.420 150.280 0.435
202309 0.440 151.492 0.452
202312 0.620 152.924 0.632
202403 0.760 153.035 0.774
202406 0.580 155.789 0.580

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


NBCC India  (BOM:534309) 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.

NBCC India's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=174.10/1.97
=88.38

* 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 NBCC India was 96.35. The lowest was 10.42. And the median was 21.52.


Be Aware

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


NBCC India E10 Related Terms

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


NBCC India Business Description

Traded in Other Exchanges
Address
Lodhi Road, NBCC Bhawan, New Delhi, IND, 110003
NBCC India Ltd is engaged in the urban and regional development sector. The operating segment includes Project Management Consultancy which offers management and consultancy services for civil construction projects, Real Estate Development which focuses on residential and commercial projects and Engineering Procurement, and Construction segment which covers chimneys, cooling towers, roads, water and sewage treatment plants. Business activity of the company functions through India and it derives the majority of its revenue from the Project Management Consultancy segment.

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