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Global Education (NSE:GLOBAL) E10 : ₹4.13 (As of Dec. 2023)


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What is Global Education 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.

Global Education's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was ₹11.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹4.13 for the trailing ten years ended in Mar. 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 (2024-05-14), Global Education's current stock price is ₹ 242.00. Global Education's E10 for the fiscal year that ended in Mar. 2023 was ₹4.13. Global Education's Shiller PE Ratio of today is 58.60.

During the past 11 years, the highest Shiller PE Ratio of Global Education was 58.45. The lowest was 12.21. And the median was 30.63.


Global Education E10 Historical Data

The historical data trend for Global Education'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.

Global Education E10 Chart

Global Education Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.85 4.13

Global Education Quarterly Data
Sep18 Mar19 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 - 4.13 - - -

Competitive Comparison of Global Education's E10

For the Education & Training Services subindustry, Global Education'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.


Global Education's Shiller PE Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Global Education's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Global Education's Shiller PE Ratio falls into.



Global Education 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, Global Education's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=11.18/146.8646*146.8646
=11.180

Current CPI (Mar. 2023) = 146.8646.

Global Education Annual Data

per_share_eps CPI Adj_EPS
201303 0.187 85.687 0.321
201403 0.469 91.425 0.753
201503 0.534 97.163 0.807
201603 1.385 102.518 1.984
201803 3.400 109.786 4.548
201903 3.274 118.202 4.068
202003 3.867 124.705 4.554
202103 1.555 131.771 1.733
202203 10.730 138.822 11.352
202303 11.180 146.865 11.180

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


Global Education  (NSE:GLOBAL) 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.

Global Education's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=242.00/4.13
=58.60

* 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 Global Education was 58.45. The lowest was 12.21. And the median was 30.63.


Be Aware

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


Global Education E10 Related Terms

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


Global Education (NSE:GLOBAL) Business Description

Traded in Other Exchanges
N/A
Address
345, Kingsway, 4th Floor, Usha Complex, Nagpur, MH, IND, 440001
Global Education Ltd is a service provider for educational support and related activities. It operates in two segments, namely, Educational Training and Development Activities and Educational Business Support Activities. The company offers professional training and skill development to corporates, teachers, and students for human capital development and other business support services to educational institutions. The company earns its major revenue from the Educational Business Support Activities segment.

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