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Aditya Birla Fashion and Retail (NSE:ABFRL) E10 : ₹-6.36 (As of Dec. 2023)


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What is Aditya Birla Fashion and Retail 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.

Aditya Birla Fashion and Retail's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹-0.810. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-6.36 for the trailing ten years ended in Dec. 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 (2024-05-21), Aditya Birla Fashion and Retail's current stock price is ₹265.00. Aditya Birla Fashion and Retail's E10 for the quarter that ended in Dec. 2023 was ₹-6.36. Aditya Birla Fashion and Retail's Shiller PE Ratio of today is .


Aditya Birla Fashion and Retail E10 Historical Data

The historical data trend for Aditya Birla Fashion and Retail'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.

Aditya Birla Fashion and Retail E10 Chart

Aditya Birla Fashion and Retail Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -8.53 -7.74

Aditya Birla Fashion and Retail 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 -8.56 -7.74 -7.02 -6.50 -6.36

Competitive Comparison of Aditya Birla Fashion and Retail's E10

For the Apparel Manufacturing subindustry, Aditya Birla Fashion and Retail'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.


Aditya Birla Fashion and Retail's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aditya Birla Fashion and Retail's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Aditya Birla Fashion and Retail's Shiller PE Ratio falls into.



Aditya Birla Fashion and Retail 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, Aditya Birla Fashion and Retail'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)
=-0.81/152.9243*152.9243
=-0.810

Current CPI (Dec. 2023) = 152.9243.

Aditya Birla Fashion and Retail Quarterly Data

per share eps CPI Adj_EPS
201403 -7.521 91.425 -12.580
201406 -8.300 94.103 -13.488
201409 -4.623 96.780 -7.305
201412 -4.544 96.780 -7.180
201503 -6.782 97.163 -10.674
201506 -0.867 99.841 -1.328
201509 0.779 101.753 1.171
201512 0.079 102.901 0.117
201603 -1.390 102.518 -2.073
201606 -0.266 105.961 -0.384
201609 0.828 105.961 1.195
201612 -0.158 105.196 -0.230
201703 0.276 105.196 0.401
201706 -0.256 107.109 -0.366
201709 -0.128 109.021 -0.180
201712 0.444 109.404 0.621
201803 1.439 109.786 2.004
201806 0.069 111.317 0.095
201809 0.542 115.142 0.720
201812 0.897 115.142 1.191
201903 2.583 118.202 3.342
201906 0.280 120.880 0.354
201909 -0.010 123.175 -0.012
201912 -0.490 126.235 -0.594
202003 -1.880 124.705 -2.305
202006 -5.280 127.000 -6.358
202009 -2.320 130.118 -2.727
202012 0.690 130.889 0.806
202103 -1.520 131.771 -1.764
202106 -3.810 134.084 -4.345
202109 0.060 135.847 0.068
202112 2.020 138.161 2.236
202203 0.470 138.822 0.518
202206 1.040 142.347 1.117
202209 0.399 144.661 0.422
202212 0.160 145.763 0.168
202303 -1.980 146.865 -2.062
202306 -1.470 150.280 -1.496
202309 -1.897 151.492 -1.915
202312 -0.810 152.924 -0.810

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


Aditya Birla Fashion and Retail  (NSE:ABFRL) 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.


Be Aware

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


Aditya Birla Fashion and Retail E10 Related Terms

Thank you for viewing the detailed overview of Aditya Birla Fashion and Retail's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Aditya Birla Fashion and Retail (NSE:ABFRL) Business Description

Traded in Other Exchanges
Address
Unit No. 401, 403, 501, 502, L.B.S. Road, Building A, 4th and 5th Floor, Piramal Agastya Corporate Park, Kurla, Mumbai, MH, IND, 400 070
Aditya Birla Fashion and Retail Ltd manufactures and retails branded apparel and runs a chain of apparels and accessories retail stores in India. It offers Clothing products, Handbags, Cosmetics, Perfumes, Fashion, Jewellery and Watches, among other products. The company's key brands include Louis Philippe, Van Heusen, Allen Solly and Peter England. The operating segments of the group are Madura Fashion and Lifestyle which involves manufacturing, distribution, and retailing of branded fashion apparel and accessories; and Pantaloons which involves retailing of apparel and accessories. It derives key revenue from the Madura Fashion and Lifestyle segment. Geographically, the group has a business presence in India and Outside India, from which it generates a majority of its revenue in India.

Aditya Birla Fashion and Retail (NSE:ABFRL) Headlines

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