GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Econo Trade (India) Ltd (BOM:538708) » Definitions » E10

Econo Trade (India) (BOM:538708) E10 : ₹0.48 (As of Dec. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Econo Trade (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.

Econo Trade (India)'s adjusted earnings per share data for the three months ended in Dec. 2024 was ₹0.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.48 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Econo Trade (India)'s average E10 Growth Rate was -4.00% 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 (2025-04-04), Econo Trade (India)'s current stock price is ₹7.74. Econo Trade (India)'s E10 for the quarter that ended in Dec. 2024 was ₹0.48. Econo Trade (India)'s Shiller PE Ratio of today is 16.13.

During the past 11 years, the highest Shiller PE Ratio of Econo Trade (India) was 21.20. The lowest was 9.82. And the median was 15.22.


Econo Trade (India) E10 Historical Data

The historical data trend for Econo Trade (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.

Econo Trade (India) E10 Chart

Econo Trade (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 - - - - 0.54

Econo Trade (India) Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.50 0.54 0.54 0.55 0.48

Competitive Comparison of Econo Trade (India)'s E10

For the Credit Services subindustry, Econo Trade (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.


Econo Trade (India)'s Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Econo Trade (India)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Econo Trade (India)'s Shiller PE Ratio falls into.


;
;

Econo Trade (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, Econo Trade (India)'s adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.27/158.3229*158.3229
=0.270

Current CPI (Dec. 2024) = 158.3229.

Econo Trade (India) Quarterly Data

per share eps CPI Adj_EPS
201503 -0.570 97.163 -0.929
201506 0.191 99.841 0.303
201509 0.201 101.753 0.313
201512 0.253 102.901 0.389
201603 -0.410 102.518 -0.633
201606 0.233 105.961 0.348
201609 0.030 105.961 0.045
201612 0.220 105.196 0.331
201703 -0.415 105.196 -0.625
201706 0.310 107.109 0.458
201709 0.370 109.021 0.537
201712 0.410 109.404 0.593
201803 -0.920 109.786 -1.327
201806 0.780 111.317 1.109
201809 0.260 115.142 0.358
201812 0.150 115.142 0.206
201903 -1.030 118.202 -1.380
201906 0.130 120.880 0.170
201909 0.020 123.175 0.026
201912 0.050 126.235 0.063
202003 0.050 124.705 0.063
202006 0.100 127.000 0.125
202009 0.310 130.118 0.377
202012 0.200 130.889 0.242
202103 -0.120 131.771 -0.144
202106 0.180 134.084 0.213
202109 0.030 135.847 0.035
202112 0.160 138.161 0.183
202203 0.030 138.822 0.034
202206 0.110 142.347 0.122
202209 0.380 144.661 0.416
202212 0.290 145.763 0.315
202303 0.210 146.865 0.226
202306 0.290 150.280 0.306
202309 0.230 151.492 0.240
202312 0.290 152.924 0.300
202403 0.540 153.035 0.559
202406 0.220 155.789 0.224
202409 0.340 157.882 0.341
202412 0.270 158.323 0.270

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


Econo Trade (India)  (BOM:538708) 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.

Econo Trade (India)'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=7.74/0.48
=16.13

* 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 11 years, the highest Shiller P/E Ratio of Econo Trade (India) was 21.20. The lowest was 9.82. And the median was 15.22.


Be Aware

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


Econo Trade (India) E10 Related Terms

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


Econo Trade (India) Business Description

Traded in Other Exchanges
N/A
Address
16/1A, Abdul Hamid Street, 5th floor, Room No. 5E, Kolkata, WB, IND, 700069
Econo Trade (India) Ltd is a non-deposit non-banking financial company. Its only operating segment being Investments in Shares and Securities. The company offers corporate loans, personal loans, investment & trading in shares & securities. It generates maximum revenue from Interest.

Econo Trade (India) Headlines

No Headlines