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Solis Marketing (BOM:538575) E10 : ₹0.03 (As of Mar. 2023)


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What is Solis Marketing 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.

Solis Marketing's adjusted earnings per share data for the three months ended in Mar. 2023 was ₹0.002. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.03 for the trailing ten years ended in Mar. 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 (2024-09-22), Solis Marketing's current stock price is ₹0.50. Solis Marketing's E10 for the quarter that ended in Mar. 2023 was ₹0.03. Solis Marketing's Shiller PE Ratio of today is 16.67.


Solis Marketing E10 Historical Data

The historical data trend for Solis Marketing'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.

Solis Marketing E10 Chart

Solis Marketing 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 - - - - 0.03

Solis Marketing Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 - - - - 0.03

Competitive Comparison of Solis Marketing's E10

For the Specialty Business Services subindustry, Solis Marketing'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.


Solis Marketing's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Solis Marketing's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Solis Marketing's Shiller PE Ratio falls into.



Solis Marketing 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, Solis Marketing's adjusted earnings per share data for the three months ended in Mar. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.002/146.8646*146.8646
=0.002

Current CPI (Mar. 2023) = 146.8646.

Solis Marketing Quarterly Data

per share eps CPI Adj_EPS
201303 0.002 85.687 0.003
201309 0.001 91.042 0.002
201312 0.010 91.425 0.016
201403 0.003 91.425 0.005
201406 0.020 94.103 0.031
201409 0.030 96.780 0.046
201412 0.040 96.780 0.061
201503 0.004 97.163 0.006
201506 0.004 99.841 0.006
201509 0.002 101.753 0.003
201512 0.007 102.901 0.010
201603 0.005 102.518 0.007
201606 0.003 105.961 0.004
201609 0.003 105.961 0.004
201612 0.001 105.196 0.001
201703 -0.002 105.196 -0.003
201706 0.001 107.109 0.001
201709 0.002 109.021 0.003
201712 0.001 109.404 0.001
201803 0.002 109.786 0.003
201806 0.001 111.317 0.001
201809 0.001 115.142 0.001
201812 0.001 115.142 0.001
201903 0.028 118.202 0.035
201906 0.000 120.880 0.000
201909 0.001 123.175 0.001
201912 0.002 126.235 0.002
202003 0.000 124.705 0.000
202006 0.001 127.000 0.001
202009 -0.005 130.118 -0.006
202012 0.001 130.889 0.001
202103 0.006 131.771 0.007
202106 0.001 134.084 0.001
202109 0.000 135.847 0.000
202112 0.004 138.161 0.004
202203 0.001 138.822 0.001
202206 0.001 142.347 0.001
202209 -0.001 144.661 -0.001
202212 -0.001 145.763 -0.001
202303 0.002 146.865 0.002

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


Solis Marketing  (BOM:538575) 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.

Solis Marketing's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.50/0.03
=16.67

* 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.


Be Aware

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


Solis Marketing E10 Related Terms

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


Solis Marketing Business Description

Traded in Other Exchanges
N/A
Address
Ansari Road, House No. 4346, Ground Floor, Gali Number 4C, Darya Ganj, New Delhi, IND, 110002
Solis Marketing Ltd operates as an import and export company in India. It imports, exports, buys, and sells, as well as deals in manufacturing, buying, selling, exchange, marketing, distribution, and other activities related to automobile parts, ball, and roller bearings, beverages, chemicals, glass materials, textiles, readymade garments, timber products. The company also carries its business as general merchants and traders in goods and commodities, commission agents, buying selling agents, and importer exporters of retails products.

Solis Marketing Headlines

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