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Marico Bangladesh (DHA:MARICO) E10 : BDT107.04 (As of Dec. 2024)


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What is Marico Bangladesh 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.

Marico Bangladesh's adjusted earnings per share data for the three months ended in Dec. 2024 was BDT44.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is BDT107.04 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), Marico Bangladesh's current stock price is BDT2391.80. Marico Bangladesh's E10 for the quarter that ended in Dec. 2024 was BDT107.04. Marico Bangladesh's Shiller PE Ratio of today is 22.34.

During the past 11 years, the highest Shiller PE Ratio of Marico Bangladesh was 25.29. The lowest was 20.44. And the median was 22.07.


Marico Bangladesh E10 Historical Data

The historical data trend for Marico Bangladesh'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.

Marico Bangladesh E10 Chart

Marico Bangladesh 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 - - - - 97.85

Marico Bangladesh 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 - 97.85 101.60 105.09 107.04

Competitive Comparison of Marico Bangladesh's E10

For the Household & Personal Products subindustry, Marico Bangladesh'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.


Marico Bangladesh's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Marico Bangladesh's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Marico Bangladesh's Shiller PE Ratio falls into.


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Marico Bangladesh 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, Marico Bangladesh'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)
=44.34/133.1571*133.1571
=44.340

Current CPI (Dec. 2024) = 133.1571.

Marico Bangladesh Quarterly Data

per share eps CPI Adj_EPS
201503 0.000 99.621 0.000
201506 14.420 100.684 19.071
201509 12.750 100.392 16.911
201512 10.260 99.792 13.690
201603 7.476 100.470 9.908
201606 14.170 101.688 18.555
201609 13.610 101.861 17.792
201612 10.180 101.863 13.308
201703 7.680 102.862 9.942
201706 15.710 103.349 20.241
201709 14.490 104.136 18.528
201712 11.180 104.011 14.313
201803 10.763 105.290 13.612
201806 17.620 106.317 22.068
201809 15.300 106.507 19.128
201812 16.470 105.998 20.690
201903 14.840 107.251 18.425
201906 26.950 108.070 33.206
201909 21.240 108.329 26.108
201912 19.680 108.420 24.170
202003 16.130 108.902 19.723
202006 31.640 108.767 38.735
202009 25.030 109.815 30.350
202012 22.680 109.897 27.480
202103 19.334 111.754 23.037
202106 34.290 114.631 39.832
202109 28.450 115.734 32.733
202112 27.350 117.630 30.960
202203 22.737 121.301 24.959
202206 32.670 125.017 34.797
202209 30.850 125.227 32.804
202212 30.930 125.222 32.890
202303 28.480 127.348 29.779
202306 42.180 128.729 43.631
202309 37.110 129.860 38.052
202312 34.930 129.419 35.939
202403 32.009 131.776 32.344
202406 54.780 132.554 55.029
202409 46.520 133.029 46.565
202412 44.340 133.157 44.340

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


Marico Bangladesh  (DHA:MARICO) 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.

Marico Bangladesh's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2391.80/107.04
=22.34

* 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 Marico Bangladesh was 25.29. The lowest was 20.44. And the median was 22.07.


Be Aware

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


Marico Bangladesh E10 Related Terms

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


Marico Bangladesh Business Description

Traded in Other Exchanges
N/A
Address
Gulshan Avenue, The Glass House, Level-06, Plot. 02, Block. SE (B), Dhaka, BGD, 1212
Marico Bangladesh Ltd is engaged in the manufacturing and marketing of various fast-moving consumer goods in Bangladesh. The company provides products like Hair dye, Baby care, Male grooming, Skincare, and Hair serum products, among others. Its product portfolio includes well-known brands like Parachute, Parachute Advansed, Just For Baby, Nihar, Parachute SkinPure, Parachute Naturale, Saffola Active, HairCode, and Livon. The company generates its revenue from products like Parachute coconut oil, value-added hair oil, color products, and others, with the majority of revenue coming from Parachute coconut oil.

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