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IDBI Bank (NSE:IDBI) E10 : ₹10.41 (As of Dec. 2024)


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What is IDBI Bank 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.

IDBI Bank's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹1.810. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹10.41 for the trailing ten years ended in Dec. 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 (2025-03-24), IDBI Bank's current stock price is ₹81.37. IDBI Bank's E10 for the quarter that ended in Dec. 2024 was ₹10.41. IDBI Bank's Shiller PE Ratio of today is 7.82.

During the past 13 years, the highest Shiller PE Ratio of IDBI Bank was 8.03. The lowest was 6.62. And the median was 6.98.


IDBI Bank E10 Historical Data

The historical data trend for IDBI Bank'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.

IDBI Bank E10 Chart

IDBI Bank 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 - - - - -

IDBI Bank 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 - - - - 10.41

Competitive Comparison of IDBI Bank's E10

For the Banks - Regional subindustry, IDBI Bank'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.


IDBI Bank's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, IDBI Bank's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where IDBI Bank's Shiller PE Ratio falls into.



IDBI Bank 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, IDBI Bank'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)
=1.81/158.3229*158.3229
=1.810

Current CPI (Dec. 2024) = 158.3229.

IDBI Bank Quarterly Data

per share eps CPI Adj_EPS
200503 4.400 43.531 16.003
200603 7.510 45.521 26.120
200703 8.120 48.581 26.462
200903 10.580 56.615 29.587
201003 14.080 65.030 34.279
201103 17.400 70.768 38.927
201203 20.290 76.889 41.780
201303 14.750 85.687 27.253
201403 8.220 91.425 14.235
201503 5.870 97.163 9.565
201603 -21.330 102.518 -32.941
201703 -24.360 105.196 -36.662
201803 -34.000 109.786 -49.031
201806 -6.750 111.317 -9.600
201809 -8.550 115.142 -11.756
201812 -9.030 115.142 -12.416
201903 -6.289 118.202 -8.424
201906 -4.940 120.880 -6.470
201909 -4.460 123.175 -5.733
201912 -5.880 126.235 -7.375
202003 1.040 124.705 1.320
202006 0.150 127.000 0.187
202009 0.320 130.118 0.389
202012 0.380 130.889 0.460
202103 0.590 131.771 0.709
202106 0.560 134.084 0.661
202109 0.550 135.847 0.641
202112 0.570 138.161 0.653
202203 0.690 138.822 0.787
202206 0.710 142.347 0.790
202209 0.720 144.661 0.788
202212 0.880 145.763 0.956
202303 1.130 146.865 1.218
202306 1.140 150.280 1.201
202309 1.290 151.492 1.348
202312 1.400 152.924 1.449
202403 1.550 153.035 1.604
202406 1.610 155.789 1.636
202409 1.730 157.882 1.735
202412 1.810 158.323 1.810

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


IDBI Bank  (NSE:IDBI) 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.

IDBI Bank's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=81.37/10.41
=7.82

* 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 IDBI Bank was 8.03. The lowest was 6.62. And the median was 6.98.


Be Aware

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


IDBI Bank E10 Related Terms

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


IDBI Bank Business Description

Traded in Other Exchanges
Address
Cuffe Parade, IDBI Tower, WTC Complex, Colaba, Mumbai, MH, IND, 400005
IDBI Bank Ltd is an India-based company that is principally engaged in providing banking services. The company's business segments include wholesale banking, retail banking, and treasury services, with wholesale banking and retail banking jointly contributing the majority of total revenue. In addition to its banking business, the company is also involved in capital markets, investment banking, and mutual fund businesses. The company operates through a branch network across India. Its operations are concentrated in India, with a presence in overseas markets as well.

IDBI Bank Headlines

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