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MJL Bangladesh (DHA:MJLBD) E10 : BDT8.14 (As of Dec. 2024)


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What is MJL 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.

MJL Bangladesh's adjusted earnings per share data for the three months ended in Dec. 2024 was BDT3.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is BDT8.14 for the trailing ten years ended in Dec. 2024.

During the past 12 months, MJL Bangladesh's average E10 Growth Rate was 6.80% 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 (2025-04-04), MJL Bangladesh's current stock price is BDT93.90. MJL Bangladesh's E10 for the quarter that ended in Dec. 2024 was BDT8.14. MJL Bangladesh's Shiller PE Ratio of today is 11.54.

During the past 13 years, the highest Shiller PE Ratio of MJL Bangladesh was 13.33. The lowest was 9.10. And the median was 11.30.


MJL Bangladesh E10 Historical Data

The historical data trend for MJL 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.

MJL Bangladesh E10 Chart

MJL Bangladesh Annual Data
Trend Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 7.70 7.68

MJL 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 7.62 7.58 7.68 7.94 8.14

Competitive Comparison of MJL Bangladesh's E10

For the Oil & Gas Refining & Marketing subindustry, MJL 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.


MJL Bangladesh's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MJL Bangladesh's Shiller PE Ratio distribution charts can be found below:

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


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MJL 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, MJL 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)
=3.23/133.1571*133.1571
=3.230

Current CPI (Dec. 2024) = 133.1571.

MJL Bangladesh Quarterly Data

per share eps CPI Adj_EPS
201412 0.430 99.070 0.578
201503 0.615 99.621 0.822
201506 0.870 100.684 1.151
201509 0.511 100.392 0.678
201603 1.307 100.470 1.732
201606 0.000 101.688 0.000
201609 1.806 101.861 2.361
201612 1.419 101.863 1.855
201703 1.867 102.862 2.417
201706 1.714 103.349 2.208
201709 1.619 104.136 2.070
201712 2.850 104.011 3.649
201803 2.030 105.290 2.567
201806 1.848 106.317 2.315
201809 1.364 106.507 1.705
201812 1.460 105.998 1.834
201903 1.510 107.251 1.875
201906 1.678 108.070 2.068
201909 1.550 108.329 1.905
201912 1.560 108.420 1.916
202003 1.810 108.902 2.213
202006 0.600 108.767 0.735
202009 1.100 109.815 1.334
202012 2.530 109.897 3.065
202103 2.090 111.754 2.490
202106 2.154 114.631 2.502
202109 1.870 115.734 2.152
202112 1.500 117.630 1.698
202203 1.430 121.301 1.570
202206 1.139 125.017 1.213
202209 1.873 125.227 1.992
202212 1.896 125.222 2.016
202303 1.301 127.348 1.360
202306 3.660 128.729 3.786
202309 2.861 129.860 2.934
202312 2.310 129.419 2.377
202403 1.667 131.776 1.684
202406 1.772 132.554 1.780
202409 3.573 133.029 3.576
202412 3.230 133.157 3.230

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


MJL Bangladesh  (DHA:MJLBD) 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.

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

Shiller PE Ratio=Share Price/E10
=93.90/8.14
=11.54

* 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 MJL Bangladesh was 13.33. The lowest was 9.10. And the median was 11.30.


Be Aware

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


MJL Bangladesh E10 Related Terms

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


MJL Bangladesh Business Description

Traded in Other Exchanges
N/A
Address
Bir Uttam Mir Shawkat Sarak, Mobil House, CWS(A) 13/A, Gulshan Avenue, Dhaka, BGD, 1212
MJL Bangladesh PLC is engaged in the process, manufacture trade of lubricants, blending, and marketing of lubricants and grease products. the company has bifurcated the revenues in Oil Tanker, the Manufacturing Unit, which generates the majority of revenue, and Trading Unit. Its automotive lubricants include Car Engine Oils, Motorcycle Engine Oils, Bus & Truck Engine Oils, Gear Oils, and Others. It also produces Industrial & Specialty Lubricants which include Greases, Compressor Oils, Aviation Products, and others. It serves various industries, some of which include agriculture, automotive, construction, natural gas, and commercial industries. The majority of the revenue is generated from the domestic market but the company also exports some of its products in the International market.

MJL Bangladesh Headlines

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