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Mac Hotels (BOM:541973) E10 : ₹11.73 (As of Sep. 2023)


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What is Mac Hotels 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.

Mac Hotels's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was ₹-0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹11.73 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 (2024-04-30), Mac Hotels's current stock price is ₹ 37.50. Mac Hotels's E10 for the fiscal year that ended in Mar. 2023 was ₹11.73. Mac Hotels's Shiller PE Ratio of today is 3.20.

During the past 10 years, the highest Shiller PE Ratio of Mac Hotels was 4.15. The lowest was 2.64. And the median was 3.23.


Mac Hotels E10 Historical Data

The historical data trend for Mac Hotels'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.

Mac Hotels E10 Chart

Mac Hotels 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 - - - - 11.73

Mac Hotels Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - 11.73 -

Competitive Comparison of Mac Hotels's E10

For the Lodging subindustry, Mac Hotels'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.


Mac Hotels's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mac Hotels's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mac Hotels's Shiller PE Ratio falls into.



Mac Hotels 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, Mac Hotels's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-0.25/146.8646*146.8646
=-0.250

Current CPI (Mar. 2023) = 146.8646.

Mac Hotels Annual Data

per_share_eps CPI Adj_EPS
201403 27.130 91.425 43.582
201503 26.910 97.163 40.675
201603 25.900 102.518 37.104
201703 3.840 105.196 5.361
201803 1.500 109.786 2.007
201903 4.550 118.202 5.653
202003 0.430 124.705 0.506
202103 -8.170 131.771 -9.106
202203 -7.800 138.822 -8.252
202303 -0.250 146.865 -0.250

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


Mac Hotels  (BOM:541973) 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.

Mac Hotels's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=37.50/11.73
=3.20

* 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 10 years, the highest Shiller P/E Ratio of Mac Hotels was 4.15. The lowest was 2.64. And the median was 3.23.


Be Aware

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


Mac Hotels E10 Related Terms

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


Mac Hotels (BOM:541973) Business Description

Traded in Other Exchanges
N/A
Address
Beach Plaza (Annexee), Mac Corporate House, First Floor, Nomxin, Caranzalem, Ilhas, Panji, GA, IND, 403 001
Mac Hotels Ltd is principal engaged in the business of owning, operating and managing hotels, restaurants and resorts in Goa. It operates and manages one resort under the name Resort Park Avenue in Goa. Its revenue sources comprise Room Revenue and Food and Beverage Sale.

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