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Fruition Venture (BOM:538568) E10 : ₹0.26 (As of Dec. 2023)


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What is Fruition Venture 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.

Fruition Venture's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.26 for the trailing ten years ended in Dec. 2023.

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 (2024-05-17), Fruition Venture's current stock price is ₹64.50. Fruition Venture's E10 for the quarter that ended in Dec. 2023 was ₹0.26. Fruition Venture's Shiller PE Ratio of today is 248.08.

During the past 10 years, the highest Shiller PE Ratio of Fruition Venture was 251.92. The lowest was 101.07. And the median was 203.79.


Fruition Venture E10 Historical Data

The historical data trend for Fruition Venture'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.

Fruition Venture E10 Chart

Fruition Venture 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 - - - - -

Fruition Venture 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 - - 0.28 0.23 0.26

Competitive Comparison of Fruition Venture's E10

For the Capital Markets subindustry, Fruition Venture'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.


Fruition Venture's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Fruition Venture's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fruition Venture's Shiller PE Ratio falls into.



Fruition Venture 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, Fruition Venture'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)
=-0.01/152.9243*152.9243
=-0.010

Current CPI (Dec. 2023) = 152.9243.

Fruition Venture Quarterly Data

per share eps CPI Adj_EPS
201403 0.724 91.425 1.211
201406 0.310 94.103 0.504
201409 0.130 96.780 0.205
201412 0.250 96.780 0.395
201503 0.240 97.163 0.378
201506 0.577 99.841 0.884
201509 0.380 101.753 0.571
201512 0.500 102.901 0.743
201603 2.000 102.518 2.983
201606 0.028 105.961 0.040
201609 -2.160 105.961 -3.117
201612 -0.260 105.196 -0.378
201703 0.006 105.196 0.009
201706 0.280 107.109 0.400
201709 1.633 109.021 2.291
201712 0.580 109.404 0.811
201803 -1.456 109.786 -2.028
201806 -0.144 111.317 -0.198
201809 -1.669 115.142 -2.217
201812 0.726 115.142 0.964
201903 0.075 118.202 0.097
201906 -1.470 120.880 -1.860
201909 -1.307 123.175 -1.623
201912 0.050 126.235 0.061
202003 -1.208 124.705 -1.481
202006 -0.440 127.000 -0.530
202009 -0.060 130.118 -0.071
202012 -0.120 130.889 -0.140
202103 1.460 131.771 1.694
202106 1.030 134.084 1.175
202109 -0.080 135.847 -0.090
202112 0.390 138.161 0.432
202203 0.590 138.822 0.650
202206 -0.690 142.347 -0.741
202209 0.870 144.661 0.920
202212 -0.110 145.763 -0.115
202303 0.140 146.865 0.146
202306 0.350 150.280 0.356
202309 -0.680 151.492 -0.686
202312 -0.010 152.924 -0.010

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


Fruition Venture  (BOM:538568) 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.

Fruition Venture's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=64.50/0.26
=248.08

* 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 10 years, the highest Shiller P/E Ratio of Fruition Venture was 251.92. The lowest was 101.07. And the median was 203.79.


Be Aware

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


Fruition Venture E10 Related Terms

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


Fruition Venture (BOM:538568) Business Description

Traded in Other Exchanges
N/A
Address
1301, Padma Tower-1, Rajendra Place, New Delhi, IND, 110008
Fruition Venture Ltd is engaged in the trading of shares and securities and investments in various commodities. It generates revenue from the sale of shares. The company also serves various sectors such as Financial investments, Technology (hardware), Agro, Scrap, Petro-chemicals, Polymers, Textiles, Human Resource Development, Financial consultancy and advisor.

Fruition Venture (BOM:538568) Headlines

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