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Malek Spinning Mills (DHA:MALEKSPIN) E10 : BDT1.88 (As of Dec. 2023)


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What is Malek Spinning 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.

Malek Spinning Mills's adjusted earnings per share data for the three months ended in Dec. 2023 was BDT2.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is BDT1.88 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Malek Spinning Mills's average E10 Growth Rate was -5.10% per year. 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 (2024-05-02), Malek Spinning Mills's current stock price is BDT39.60. Malek Spinning Mills's E10 for the quarter that ended in Dec. 2023 was BDT1.88. Malek Spinning Mills's Shiller PE Ratio of today is 21.06.

During the past 13 years, the highest Shiller PE Ratio of Malek Spinning Mills was 22.01. The lowest was 13.07. And the median was 15.49.


Malek Spinning Mills E10 Historical Data

The historical data trend for Malek Spinning 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.

Malek Spinning Mills E10 Chart

Malek Spinning Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.94 1.61

Malek Spinning 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 1.98 1.75 1.61 1.73 1.88

Competitive Comparison of Malek Spinning Mills's E10

For the Textile Manufacturing subindustry, Malek Spinning 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.


Malek Spinning Mills's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Malek Spinning Mills's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Malek Spinning Mills's Shiller PE Ratio falls into.



Malek Spinning 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, Malek Spinning Mills'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)
=2.16/129.4194*129.4194
=2.160

Current CPI (Dec. 2023) = 129.4194.

Malek Spinning Mills Quarterly Data

per share eps CPI Adj_EPS
201403 0.570 99.695 0.740
201406 0.650 100.560 0.837
201409 0.460 100.428 0.593
201412 0.380 99.070 0.496
201503 0.400 99.621 0.520
201506 0.810 100.684 1.041
201509 0.320 100.392 0.413
201512 0.420 99.792 0.545
201603 0.490 100.470 0.631
201606 0.295 101.688 0.375
201609 0.200 101.861 0.254
201612 0.330 101.863 0.419
201703 0.270 102.862 0.340
201706 0.240 103.349 0.301
201709 0.110 104.136 0.137
201712 0.390 104.011 0.485
201803 0.340 105.290 0.418
201806 0.333 106.317 0.405
201809 0.270 106.507 0.328
201812 0.520 105.998 0.635
201903 -0.200 107.251 -0.241
201906 0.170 108.070 0.204
201909 0.240 108.329 0.287
201912 0.400 108.420 0.477
202003 -0.430 108.902 -0.511
202006 -1.907 108.767 -2.269
202009 0.430 109.815 0.507
202012 0.620 109.897 0.730
202103 0.990 111.754 1.146
202106 1.378 114.631 1.556
202109 0.870 115.734 0.973
202112 1.100 117.630 1.210
202203 1.030 121.301 1.099
202206 0.810 125.017 0.839
202209 1.210 125.227 1.251
202212 -0.540 125.222 -0.558
202303 -1.810 127.348 -1.839
202306 -0.010 128.729 -0.010
202309 1.900 129.860 1.894
202312 2.160 129.419 2.160

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


Malek Spinning Mills  (DHA:MALEKSPIN) 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.

Malek Spinning Mills's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=39.60/1.88
=21.06

* 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 Malek Spinning Mills was 22.01. The lowest was 13.07. And the median was 15.49.


Be Aware

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


Malek Spinning Mills E10 Related Terms

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


Malek Spinning Mills (DHA:MALEKSPIN) Business Description

Traded in Other Exchanges
N/A
Address
Tower-117, 117/A, Tejgaon Industrial Area, Dhaka, BGD, 1208
Malek Spinning Mills Ltd is engaged in producing combed and carded yarn. Some of its products include greige yarn, denim fabric, knitted garments, sweater garments, and denim garments.

Malek Spinning Mills (DHA:MALEKSPIN) Headlines

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