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Uttara Finance & Investments (DHA:UTTARAFIN) E10 : BDT5.72 (As of Sep. 2020)


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What is Uttara Finance & Investments 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.

Uttara Finance & Investments's adjusted earnings per share data for the fiscal year that ended in Dec. 2019 was BDT9.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is BDT5.72 for the trailing ten years ended in Dec. 2019.

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 (2024-06-24), Uttara Finance & Investments's current stock price is BDT 20.50. Uttara Finance & Investments's E10 for the fiscal year that ended in Dec. 2019 was BDT5.72. Uttara Finance & Investments's Shiller PE Ratio of today is 3.58.


Uttara Finance & Investments E10 Historical Data

The historical data trend for Uttara Finance & Investments'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.

Uttara Finance & Investments E10 Chart

Uttara Finance & Investments Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 5.15 5.72

Uttara Finance & Investments Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 - 5.72 - - -

Competitive Comparison of Uttara Finance & Investments's E10

For the Credit Services subindustry, Uttara Finance & Investments'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.


Uttara Finance & Investments's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Uttara Finance & Investments's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Uttara Finance & Investments's Shiller PE Ratio falls into.



Uttara Finance & Investments 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, Uttara Finance & Investments's adjusted earnings per share data for the fiscal year that ended in Dec. 2019 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2019 (Change)*Current CPI (Dec. 2019)
=9/108.4201*108.4201
=9.000

Current CPI (Dec. 2019) = 108.4201.

Uttara Finance & Investments Annual Data

per_share_eps CPI Adj_EPS
201012 4.914 92.474 5.761
201112 6.171 95.213 7.027
201212 6.199 96.871 6.938
201312 0.450 98.326 0.496
201412 1.343 99.070 1.470
201512 4.200 99.792 4.563
201612 6.305 101.863 6.711
201712 6.905 104.011 7.198
201812 7.876 105.998 8.056
201912 9.000 108.420 9.000

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


Uttara Finance & Investments  (DHA:UTTARAFIN) 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.

Uttara Finance & Investments's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=20.50/5.72
=3.58

* 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.


Be Aware

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


Uttara Finance & Investments E10 Related Terms

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


Uttara Finance & Investments (DHA:UTTARAFIN) Business Description

Traded in Other Exchanges
N/A
Address
Uttara Centre, 102, 11th Floor, Shahid Tajuddin Ahmed Sarani, Tejgaon, Dhaka, BGD, 1208
Uttara Finance & Investments Ltd operates a financial institution. It provides the lease, loans, SME, Deposits and asset management services. The company also accepts term deposits from individuals and corporate bodies.

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