GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » M K Exim (India) Ltd (BOM:538890) » Definitions » E10

M K Exim (India) (BOM:538890) E10 : ₹1.22 (As of Mar. 2023)


View and export this data going back to 2013. Start your Free Trial

What is M K Exim (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.

M K Exim (India)'s adjusted earnings per share data for the three months ended in Mar. 2023 was ₹0.913. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹1.22 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 (2024-05-28), M K Exim (India)'s current stock price is ₹78.83. M K Exim (India)'s E10 for the quarter that ended in Mar. 2023 was ₹1.22. M K Exim (India)'s Shiller PE Ratio of today is 64.61.


M K Exim (India) E10 Historical Data

The historical data trend for M K Exim (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.

M K Exim (India) E10 Chart

M K Exim (India) 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 - - - 0.77 1.22

M K Exim (India) Quarterly Data
Mar17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 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 - 0.77 1.27 1.17 1.22

Competitive Comparison of M K Exim (India)'s E10

For the Household & Personal Products subindustry, M K Exim (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.


M K Exim (India)'s Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, M K Exim (India)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where M K Exim (India)'s Shiller PE Ratio falls into.



M K Exim (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, M K Exim (India)'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)
=0.913/146.8646*146.8646
=0.913

Current CPI (Mar. 2023) = 146.8646.

M K Exim (India) Quarterly Data

per share eps CPI Adj_EPS
201112 0.042 75.359 0.082
201203 0.016 76.889 0.031
201206 0.004 79.567 0.007
201209 0.022 82.244 0.039
201212 0.060 83.774 0.105
201303 -0.044 85.687 -0.075
201306 0.033 88.365 0.055
201309 0.049 91.042 0.079
201312 0.024 91.425 0.039
201403 0.001 91.425 0.002
201406 0.047 94.103 0.073
201409 0.038 96.780 0.058
201412 0.022 96.780 0.033
201503 0.049 97.163 0.074
201506 0.029 99.841 0.043
201509 0.007 101.753 0.010
201512 0.022 102.901 0.031
201603 -0.053 102.518 -0.076
201606 0.020 105.961 0.028
201609 0.024 105.961 0.033
201703 1.151 105.196 1.607
201803 0.535 109.786 0.716
201806 0.033 111.317 0.044
201809 0.058 115.142 0.074
201812 0.029 115.142 0.037
201903 0.057 118.202 0.071
201906 0.064 120.880 0.078
201909 -0.304 123.175 -0.362
201912 0.389 126.235 0.453
202003 0.524 124.705 0.617
202006 0.013 127.000 0.015
202009 0.449 130.118 0.507
202012 0.920 130.889 1.032
202103 0.784 131.771 0.874
202106 0.607 134.084 0.665
202112 1.220 138.161 1.297
202203 0.680 138.822 0.719
202206 0.467 142.347 0.482
202212 1.713 145.763 1.726
202303 0.913 146.865 0.913

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


M K Exim (India)  (BOM:538890) 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.

M K Exim (India)'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=78.83/1.22
=64.61

* 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.


M K Exim (India) E10 Related Terms

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


M K Exim (India) (BOM:538890) Business Description

Traded in Other Exchanges
N/A
Address
Tonk Road, G1/150, Garment Zone, RIICO Industrial Area, E.P.I.P. Sitapura, Jaipur, RJ, IND, 302022
M K Exim (India) Ltd is an investment holding company. The two operating segments of the company are Finish fabrics, Garments and Plastic material, and Cosmetics. The company generates maximum revenue from the Cosmetics segment.

M K Exim (India) (BOM:538890) Headlines

No Headlines