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Easun Capital Markets (BOM:542906) E10 : ₹1.16 (As of Dec. 2023)


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What is Easun 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.

Easun Capital Markets's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was ₹0.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹1.16 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 (2024-06-05), Easun Capital Markets's current stock price is ₹ 54.00. Easun Capital Markets's E10 for the fiscal year that ended in Mar. 2023 was ₹1.16. Easun Capital Markets's Shiller PE Ratio of today is 46.55.

During the past 11 years, the highest Shiller PE Ratio of Easun Capital Markets was 46.68. The lowest was 21.51. And the median was 36.10.


Easun Capital Markets E10 Historical Data

The historical data trend for Easun 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.

Easun Capital Markets E10 Chart

Easun Capital Markets 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 - - - 1.06 1.16

Easun Capital Markets 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 - 1.16 - - -

Competitive Comparison of Easun Capital Markets's E10

For the Capital Markets subindustry, Easun 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.


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

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

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



Easun 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, Easun Capital Markets'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)
=0.47/146.8646*146.8646
=0.470

Current CPI (Mar. 2023) = 146.8646.

Easun Capital Markets Annual Data

per_share_eps CPI Adj_EPS
201403 -0.340 91.425 -0.546
201503 -0.020 97.163 -0.030
201603 1.650 102.518 2.364
201703 1.010 105.196 1.410
201803 1.030 109.786 1.378
201903 1.380 118.202 1.715
202003 0.860 124.705 1.013
202103 1.620 131.771 1.806
202203 1.880 138.822 1.989
202303 0.470 146.865 0.470

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


Easun Capital Markets  (BOM:542906) 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.

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

Shiller PE Ratio=Share Price/E10
=54.00/1.16
=46.55

* 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 Easun Capital Markets was 46.68. The lowest was 21.51. And the median was 36.10.


Be Aware

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


Easun Capital Markets E10 Related Terms

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


Easun Capital Markets (BOM:542906) Business Description

Traded in Other Exchanges
N/A
Address
7, Chittaranjan Avenue, 3rd Floor, Bowbazar, Kolkata, WB, IND, 700072
Easun Capital Markets Ltd is engaged in the business of Financing and Investment.. The company is mainly into investing in and acquiring and holding shares, stocks, debentures, bonds, mutual funds and/or other securities issued or guaranteed by any company constituted or carrying on business in India and/or by any Government, state, public body or authority. The company is also engaged in the business of investment, providing of loan and advance to the SMEs both secured and unsecured.

Easun Capital Markets (BOM:542906) Headlines

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