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Godrej Properties (NSE:GODREJPROP) E10 : ₹16.48 (As of Dec. 2024)


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What is Godrej Properties 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.

Godrej Properties's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹5.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹16.48 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Godrej Properties's average E10 Growth Rate was 35.10% per year. During the past 3 years, the average E10 Growth Rate was 7.20% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Godrej Properties was 7.20% per year. The lowest was -1.20% per year. And the median was 3.00% per year.

As of today (2025-04-22), Godrej Properties's current stock price is ₹2044.70. Godrej Properties's E10 for the quarter that ended in Dec. 2024 was ₹16.48. Godrej Properties's Shiller PE Ratio of today is 124.07.

During the past 13 years, the highest Shiller PE Ratio of Godrej Properties was 238.58. The lowest was 49.11. And the median was 126.32.


Godrej Properties E10 Historical Data

The historical data trend for Godrej Properties'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.

Godrej Properties E10 Chart

Godrej Properties 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 12.27 10.96 10.97 11.83 13.49

Godrej Properties 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 12.20 13.49 15.23 16.26 16.48

Competitive Comparison of Godrej Properties's E10

For the Real Estate - Development subindustry, Godrej Properties'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.


Godrej Properties's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Godrej Properties's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Godrej Properties's Shiller PE Ratio falls into.


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Godrej Properties 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, Godrej Properties'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)
=5.7/158.3229*158.3229
=5.700

Current CPI (Dec. 2024) = 158.3229.

Godrej Properties Quarterly Data

per share eps CPI Adj_EPS
201503 2.570 97.163 4.188
201506 2.010 99.841 3.187
201509 5.200 101.753 8.091
201512 1.360 102.901 2.092
201603 -0.570 102.518 -0.880
201606 2.020 105.961 3.018
201609 1.100 105.961 1.644
201612 3.580 105.196 5.388
201703 2.890 105.196 4.350
201706 4.580 107.109 6.770
201709 0.010 109.021 0.015
201712 -2.530 109.404 -3.661
201803 6.530 109.786 9.417
201806 1.560 111.317 2.219
201809 0.900 115.142 1.238
201812 1.810 115.142 2.489
201903 6.890 118.202 9.229
201906 3.910 120.880 5.121
201909 1.250 123.175 1.607
201912 1.850 126.235 2.320
202003 4.060 124.705 5.154
202006 -0.760 127.000 -0.947
202009 0.280 130.118 0.341
202012 0.570 130.889 0.689
202103 -7.470 131.771 -8.975
202106 0.610 134.084 0.720
202109 1.280 135.847 1.492
202112 1.400 138.161 1.604
202203 9.360 138.822 10.675
202206 1.640 142.347 1.824
202209 1.980 144.661 2.167
202212 2.110 145.763 2.292
202303 14.820 146.865 15.976
202306 4.590 150.280 4.836
202309 2.400 151.492 2.508
202312 2.240 152.924 2.319
202403 16.940 153.035 17.525
202406 18.700 155.789 19.004
202409 12.050 157.882 12.084
202412 5.700 158.323 5.700

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


Godrej Properties  (NSE:GODREJPROP) 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.

Godrej Properties's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2044.70/16.48
=124.07

* 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 Godrej Properties was 238.58. The lowest was 49.11. And the median was 126.32.


Be Aware

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


Godrej Properties E10 Related Terms

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


Godrej Properties Business Description

Traded in Other Exchanges
Address
Eastern Express Highway, Godrej One, 5th Floor, Pirojshanagar, Vikhroli (East), Mumbai, MH, IND, 400079
Godrej Properties Ltd develops residential, commercial, and township properties in multiple cities. The company derives a majority of its revenue from the sale of properties. Other operating sources of revenue include the sale of services, compensation received from projects, and lease rents. The company's operations occur in two main business areas Residential Real Estate and Commercial Real Estate. The company takes on projects in each of these segments. Some of the company's Residential Real Estate projects include Godrej Garden City, Godrej Prakriti, and Godrej Palm Grove. The company's key Commercial Real Estate projects include Godrej BKC and Godrej Eternia. The company generates a majority of its revenue from India.

Godrej Properties Headlines

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