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Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD) E10 : BDT8.79 (As of Dec. 2023)


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What is Bangladesh Steel Re-Rolling Mills 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.

Bangladesh Steel Re-Rolling Mills's adjusted earnings per share data for the fiscal year that ended in Jun. 2023 was BDT9.760. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is BDT8.79 for the trailing ten years ended in Jun. 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 (2024-04-27), Bangladesh Steel Re-Rolling Mills's current stock price is BDT 90.00. Bangladesh Steel Re-Rolling Mills's E10 for the fiscal year that ended in Jun. 2023 was BDT8.79. Bangladesh Steel Re-Rolling Mills's Shiller PE Ratio of today is 10.24.

During the past 10 years, the highest Shiller PE Ratio of Bangladesh Steel Re-Rolling Mills was 10.24. The lowest was 10.23. And the median was 10.24.


Bangladesh Steel Re-Rolling Mills E10 Historical Data

The historical data trend for Bangladesh Steel Re-Rolling Mills'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.

Bangladesh Steel Re-Rolling Mills E10 Chart

Bangladesh Steel Re-Rolling Mills Annual Data
Trend Dec14 Dec15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 8.79

Bangladesh Steel Re-Rolling Mills 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 - - 8.79 - -

Competitive Comparison of Bangladesh Steel Re-Rolling Mills's E10

For the Steel subindustry, Bangladesh Steel Re-Rolling Mills'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.


Bangladesh Steel Re-Rolling Mills's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bangladesh Steel Re-Rolling Mills's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bangladesh Steel Re-Rolling Mills's Shiller PE Ratio falls into.



Bangladesh Steel Re-Rolling Mills 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, Bangladesh Steel Re-Rolling Mills's adjusted earnings per share data for the fiscal year that ended in Jun. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=9.76/128.7287*128.7287
=9.760

Current CPI (Jun. 2023) = 128.7287.

Bangladesh Steel Re-Rolling Mills Annual Data

per_share_eps CPI Adj_EPS
201412 0.462 99.070 0.600
201512 3.569 99.792 4.604
201606 0.000 101.688 0.000
201706 3.209 103.349 3.997
201806 11.770 106.317 14.251
201906 7.880 108.070 9.386
202006 3.900 108.767 4.616
202106 18.960 114.631 21.292
202206 10.340 125.017 10.647
202306 9.760 128.729 9.760

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


Bangladesh Steel Re-Rolling Mills  (DHA:BSRMLTD) 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.

Bangladesh Steel Re-Rolling Mills's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=90.00/8.79
=10.24

* 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 Bangladesh Steel Re-Rolling Mills was 10.24. The lowest was 10.23. And the median was 10.24.


Be Aware

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


Bangladesh Steel Re-Rolling Mills E10 Related Terms

Thank you for viewing the detailed overview of Bangladesh Steel Re-Rolling Mills's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD) Business Description

Traded in Other Exchanges
N/A
Address
1207/1099 Sadarghat Road, Ali Mansion, Chattogram, BGD, 4000
Bangladesh Steel Re-Rolling Mills Ltd is a Bangladesh-based steel manufacturing company. The company also deals in the sale of M.S. products like angle, channel, I Beam, H Beam, MS plate, and others. Its steel products are used inside Buildings, Bridges, and National Infrastructures. The company's products consists of XTREME 500W, XTREME 500W-STIRRUP, XTREME 500W-BEND CUT, MS SQUARE BAR, M.S ANGEL-MANUFACTURED, RIBBED WIRE ROD. The company generates the majority of its revenue from XTREME 500W sales.

Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD) Headlines

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