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Purohit Construction (BOM:538993) E10 : ₹-0.89 (As of Dec. 2023)


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What is Purohit Construction 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.

Purohit Construction's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹-0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-0.89 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 (2024-05-21), Purohit Construction's current stock price is ₹11.64. Purohit Construction's E10 for the quarter that ended in Dec. 2023 was ₹-0.89. Purohit Construction's Shiller PE Ratio of today is .


Purohit Construction E10 Historical Data

The historical data trend for Purohit Construction'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.

Purohit Construction E10 Chart

Purohit Construction 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 - - - - -

Purohit Construction 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 - - - - -0.89

Competitive Comparison of Purohit Construction's E10

For the Real Estate - Development subindustry, Purohit Construction'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.


Purohit Construction's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Purohit Construction's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Purohit Construction's Shiller PE Ratio falls into.



Purohit Construction 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, Purohit Construction'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)
=-0.25/152.9243*152.9243
=-0.250

Current CPI (Dec. 2023) = 152.9243.

Purohit Construction Quarterly Data

per share eps CPI Adj_EPS
201403 0.240 91.425 0.401
201406 -0.390 94.103 -0.634
201409 0.380 96.780 0.600
201412 0.020 96.780 0.032
201503 0.118 97.163 0.186
201506 -0.610 99.841 -0.934
201509 -0.160 101.753 -0.240
201512 0.004 102.901 0.006
201603 0.940 102.518 1.402
201606 0.070 105.961 0.101
201609 -0.040 105.961 -0.058
201612 0.010 105.196 0.015
201703 0.090 105.196 0.131
201706 -0.240 107.109 -0.343
201709 -0.960 109.021 -1.347
201712 -0.010 109.404 -0.014
201803 1.310 109.786 1.825
201806 -0.400 111.317 -0.550
201809 -0.459 115.142 -0.610
201812 -0.060 115.142 -0.080
201903 1.010 118.202 1.307
201906 -0.440 120.880 -0.557
201909 -0.690 123.175 -0.857
201912 1.030 126.235 1.248
202003 0.230 124.705 0.282
202006 -1.110 127.000 -1.337
202009 -2.020 130.118 -2.374
202012 -0.630 130.889 -0.736
202103 -0.500 131.771 -0.580
202106 -0.550 134.084 -0.627
202109 -0.430 135.847 -0.484
202112 -0.370 138.161 -0.410
202203 -0.640 138.822 -0.705
202206 -0.250 142.347 -0.269
202209 -0.490 144.661 -0.518
202212 -1.080 145.763 -1.133
202303 -0.180 146.865 -0.187
202306 -0.400 150.280 -0.407
202309 -0.200 151.492 -0.202
202312 -0.250 152.924 -0.250

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


Purohit Construction  (BOM:538993) 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.


Be Aware

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


Purohit Construction E10 Related Terms

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


Purohit Construction (BOM:538993) Business Description

Traded in Other Exchanges
N/A
Address
401, Purohit House, Opposite Sardar Patel Stadium, Navrangpura, Ahmedabad, GJ, IND, 380009
Purohit Construction Ltd is an Indian-based company that operates in the real estate business. The activity of the group includes general construction business which includes alteration, addition, repair, and maintenance of non-residential buildings, carried out on the own-account basis or on a fee or contract basis. It primarily holds an interest in the development of residential, commercial, and CSR projects. The few projects of the group are Sopan Life Style, Sopan Elegance, Sopan Heights, Sukh Sagar, Ami apartment, Shaswat, Sukan, Podar Jumbo Kids and others.

Purohit Construction (BOM:538993) Headlines

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