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Aryaman Capital Markets (BOM:538716) E10 : ₹0.98 (As of Sep. 2024)


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What is Aryaman Capital Markets 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.

Aryaman Capital Markets's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was ₹5.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.98 for the trailing ten years ended in Mar. 2024.

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 (2025-03-02), Aryaman Capital Markets's current stock price is ₹ 224.75. Aryaman Capital Markets's E10 for the fiscal year that ended in Mar. 2024 was ₹0.98. Aryaman Capital Markets's Shiller PE Ratio of today is 229.34.

During the past 11 years, the highest Shiller PE Ratio of Aryaman Capital Markets was 275.00. The lowest was 104.55. And the median was 142.05.


Aryaman Capital Markets E10 Historical Data

The historical data trend for Aryaman Capital Markets'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.

Aryaman Capital Markets E10 Chart

Aryaman Capital Markets 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 - - - 0.44 0.98

Aryaman Capital Markets Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - 0.44 - 0.98 -

Competitive Comparison of Aryaman Capital Markets's E10

For the Capital Markets subindustry, Aryaman Capital Markets'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.


Aryaman Capital Markets's Shiller PE Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where Aryaman Capital Markets's Shiller PE Ratio falls into.



Aryaman Capital Markets 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, Aryaman Capital Markets's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.39/153.0345*153.0345
=5.390

Current CPI (Mar. 2024) = 153.0345.

Aryaman Capital Markets Annual Data

per_share_eps CPI Adj_EPS
201503 0.050 97.163 0.079
201603 0.100 102.518 0.149
201703 1.010 105.196 1.469
201803 0.410 109.786 0.572
201903 0.180 118.202 0.233
202003 0.080 124.705 0.098
202103 0.210 131.771 0.244
202203 0.270 138.822 0.298
202303 1.240 146.865 1.292
202403 5.390 153.035 5.390

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


Aryaman Capital Markets  (BOM:538716) 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.

Aryaman Capital Markets's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=224.75/0.98
=229.34

* 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 Aryaman Capital Markets was 275.00. The lowest was 104.55. And the median was 142.05.


Be Aware

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


Aryaman Capital Markets E10 Related Terms

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


Aryaman Capital Markets Business Description

Traded in Other Exchanges
N/A
Address
Dalal Street, 718-A, P. J. Towers, Fort, Mumbai, MH, IND, 400001
Aryaman Capital Markets Ltd carries out various fund-based and secondary market activities. It is engaged in activities such as trading and investments in quoted and unquoted securities, underwriting capital market issuances, brokering income from equity and debt market placements, and market making. The company operates in a single reportable segment and generates revenue through dividends, interests, and fees for providing its customers with various capital market related services.

Aryaman Capital Markets Headlines

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