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Bang Overseas (NSE:BANG) E10 : ₹4.54 (As of Mar. 2024)


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What is Bang Overseas 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.

Bang Overseas's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹-0.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹4.54 for the trailing ten years ended in Mar. 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 (2024-06-23), Bang Overseas's current stock price is ₹47.00. Bang Overseas's E10 for the quarter that ended in Mar. 2024 was ₹4.54. Bang Overseas's Shiller PE Ratio of today is 10.35.

During the past 13 years, the highest Shiller PE Ratio of Bang Overseas was 11.81. The lowest was 10.26. And the median was 10.77.


Bang Overseas E10 Historical Data

The historical data trend for Bang Overseas'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.

Bang Overseas E10 Chart

Bang Overseas 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 - - - - 4.54

Bang Overseas Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 4.54

Competitive Comparison of Bang Overseas's E10

For the Apparel Manufacturing subindustry, Bang Overseas'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.


Bang Overseas's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Bang Overseas's Shiller PE Ratio falls into.



Bang Overseas 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, Bang Overseas's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.28/153.0345*153.0345
=-0.280

Current CPI (Mar. 2024) = 153.0345.

Bang Overseas Quarterly Data

per share eps CPI Adj_EPS
200803 10.981 52.407 32.066
200903 0.890 56.615 2.406
201003 2.560 65.030 6.024
201006 1.670 66.560 3.840
201009 4.530 68.473 10.124
201012 1.050 70.768 2.271
201103 -0.784 70.768 -1.695
201106 1.120 72.298 2.371
201109 0.350 75.359 0.711
201112 -1.810 75.359 -3.676
201203 0.421 76.889 0.838
201303 0.960 85.687 1.715
201403 -12.600 91.425 -21.091
201503 -4.130 97.163 -6.505
201603 0.840 102.518 1.254
201703 2.800 105.196 4.073
201803 2.360 109.786 3.290
201809 0.000 115.142 0.000
201812 -0.030 115.142 -0.040
201903 -0.180 118.202 -0.233
201906 4.530 120.880 5.735
201909 -1.800 123.175 -2.236
201912 3.790 126.235 4.595
202003 -1.140 124.705 -1.399
202006 -0.760 127.000 -0.916
202009 0.140 130.118 0.165
202012 0.890 130.889 1.041
202103 0.750 131.771 0.871
202106 0.870 134.084 0.993
202109 0.360 135.847 0.406
202112 1.290 138.161 1.429
202203 1.130 138.822 1.246
202206 0.740 142.347 0.796
202209 0.030 144.661 0.032
202212 0.070 145.763 0.073
202303 0.010 146.865 0.010
202306 -0.840 150.280 -0.855
202309 -2.680 151.492 -2.707
202312 -2.370 152.924 -2.372
202403 -0.280 153.035 -0.280

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


Bang Overseas  (NSE:BANG) 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.

Bang Overseas's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=47.00/4.54
=10.35

* 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 Bang Overseas was 11.81. The lowest was 10.26. And the median was 10.77.


Be Aware

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


Bang Overseas E10 Related Terms

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


Bang Overseas (NSE:BANG) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, 405-406, Kewal Industrial Estate, Lower Parel (West), Mumbai, MH, IND, 400 013
Bang Overseas Ltd is a holding company engaged in the apparel, textile, and retail market. Its only operating segment is the manufacturing and marketing of textile and textile products.

Bang Overseas (NSE:BANG) Headlines

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