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Variman Global Enterprises (BOM:540570) E10 : ₹0.16 (As of Dec. 2024)


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What is Variman Global Enterprises 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.

Variman Global Enterprises's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.16 for the trailing ten years ended in Dec. 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 (2025-03-27), Variman Global Enterprises's current stock price is ₹9.29. Variman Global Enterprises's E10 for the quarter that ended in Dec. 2024 was ₹0.16. Variman Global Enterprises's Shiller PE Ratio of today is 58.06.

During the past 13 years, the highest Shiller PE Ratio of Variman Global Enterprises was 248.19. The lowest was 56.88. And the median was 110.54.


Variman Global Enterprises E10 Historical Data

The historical data trend for Variman Global Enterprises'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.

Variman Global Enterprises E10 Chart

Variman Global Enterprises 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 - - 0.08 0.15 0.16

Variman Global Enterprises 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 0.16 0.16 0.16 0.16 0.16

Competitive Comparison of Variman Global Enterprises's E10

For the Software - Application subindustry, Variman Global Enterprises'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.


Variman Global Enterprises's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Variman Global Enterprises's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Variman Global Enterprises's Shiller PE Ratio falls into.


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Variman Global Enterprises 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, Variman Global Enterprises'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)
=0.03/158.3229*158.3229
=0.030

Current CPI (Dec. 2024) = 158.3229.

Variman Global Enterprises Quarterly Data

per share eps CPI Adj_EPS
201503 0.052 97.163 0.085
201506 0.036 99.841 0.057
201509 0.021 101.753 0.033
201512 0.000 102.901 0.000
201603 -0.036 102.518 -0.056
201606 -0.006 105.961 -0.009
201609 0.004 105.961 0.006
201612 -0.017 105.196 -0.026
201703 0.004 105.196 0.006
201706 -0.031 107.109 -0.046
201709 -0.013 109.021 -0.019
201712 0.000 109.404 0.000
201803 0.037 109.786 0.053
201806 -0.009 111.317 -0.013
201809 0.001 115.142 0.001
201812 0.021 115.142 0.029
201903 0.013 118.202 0.017
201906 0.017 120.880 0.022
201909 0.019 123.175 0.024
201912 0.014 126.235 0.018
202003 -0.017 124.705 -0.022
202006 0.004 127.000 0.005
202009 0.020 130.118 0.024
202012 0.028 130.889 0.034
202103 0.005 131.771 0.006
202106 0.014 134.084 0.017
202109 -0.020 135.847 -0.023
202112 0.420 138.161 0.481
202203 0.011 138.822 0.013
202206 0.550 142.347 0.612
202209 0.020 144.661 0.022
202212 0.010 145.763 0.011
202303 0.014 146.865 0.015
202306 -0.020 150.280 -0.021
202309 0.110 151.492 0.115
202312 -0.020 152.924 -0.021
202403 -0.015 153.035 -0.016
202406 0.010 155.789 0.010
202409 0.020 157.882 0.020
202412 0.030 158.323 0.030

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


Variman Global Enterprises  (BOM:540570) 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.

Variman Global Enterprises's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.29/0.16
=58.06

* 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 13 years, the highest Shiller P/E Ratio of Variman Global Enterprises was 248.19. The lowest was 56.88. And the median was 110.54.


Be Aware

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


Variman Global Enterprises E10 Related Terms

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


Variman Global Enterprises Business Description

Traded in Other Exchanges
N/A
Address
Gagan Mahal, 3rd & 4th Floor, 1-2- 217/10, Domalguda, Hyderabad, TG, IND, 500029
Variman Global Enterprises Ltd is an India-based company engaged in the business of providing solutions through software development, IT Infrastructure solutions, and distributing IT Hardware to clients and partners through aggressive market developments and continuous improvements through agility.

Variman Global Enterprises Headlines

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