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N.B.I. Industrial Finance Co (NSE:NBIFIN) E10 : ₹72.18 (As of Dec. 2023)


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What is N.B.I. Industrial Finance Co 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.

N.B.I. Industrial Finance Co's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹1.370. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹72.18 for the trailing ten years ended in Dec. 2023.

During the past 12 months, N.B.I. Industrial Finance Co's average E10 Growth Rate was 7.60% 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.

As of today (2024-05-13), N.B.I. Industrial Finance Co's current stock price is ₹1793.50. N.B.I. Industrial Finance Co's E10 for the quarter that ended in Dec. 2023 was ₹72.18. N.B.I. Industrial Finance Co's Shiller PE Ratio of today is 24.85.

During the past 13 years, the highest Shiller PE Ratio of N.B.I. Industrial Finance Co was 47.19. The lowest was 20.49. And the median was 26.18.


N.B.I. Industrial Finance Co E10 Historical Data

The historical data trend for N.B.I. Industrial Finance Co'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.

N.B.I. Industrial Finance Co E10 Chart

N.B.I. Industrial Finance Co 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 - - - 63.74 68.71

N.B.I. Industrial Finance Co 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 67.07 68.71 71.29 72.09 72.18

Competitive Comparison of N.B.I. Industrial Finance Co's E10

For the Capital Markets subindustry, N.B.I. Industrial Finance Co'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.


N.B.I. Industrial Finance Co's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, N.B.I. Industrial Finance Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where N.B.I. Industrial Finance Co's Shiller PE Ratio falls into.



N.B.I. Industrial Finance Co 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, N.B.I. Industrial Finance Co'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)
=1.37/153.2548*153.2548
=1.370

Current CPI (Dec. 2023) = 153.2548.

N.B.I. Industrial Finance Co Quarterly Data

per share eps CPI Adj_EPS
201403 2.475 91.425 4.149
201406 0.065 94.103 0.106
201409 15.025 96.780 23.793
201412 0.435 96.780 0.689
201503 0.140 97.163 0.221
201506 0.215 99.841 0.330
201509 0.100 101.753 0.151
201512 4.800 102.901 7.149
201603 8.775 102.518 13.118
201606 -0.895 105.961 -1.294
201609 10.790 105.961 15.606
201612 -0.070 105.196 -0.102
201703 318.550 105.196 464.080
201706 3.380 107.109 4.836
201709 10.140 109.021 14.254
201712 -0.570 109.404 -0.798
201803 2.660 109.786 3.713
201806 -2.490 111.317 -3.428
201809 11.830 115.142 15.746
201812 0.660 115.142 0.878
201903 7.300 118.202 9.465
201906 0.230 120.880 0.292
201909 14.060 123.175 17.494
201912 0.510 126.235 0.619
202003 37.950 124.705 46.638
202006 3.960 127.000 4.779
202009 0.870 130.118 1.025
202012 0.530 130.889 0.621
202103 1.210 131.771 1.407
202106 1.250 134.084 1.429
202109 16.620 135.847 18.750
202112 1.060 138.161 1.176
202203 13.410 138.822 14.804
202206 0.420 142.347 0.452
202209 9.660 144.661 10.234
202212 0.140 145.763 0.147
202303 11.250 146.865 11.739
202306 15.190 150.280 15.491
202309 0.660 151.492 0.668
202312 1.370 153.255 1.370

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


N.B.I. Industrial Finance Co  (NSE:NBIFIN) 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.

N.B.I. Industrial Finance Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1793.50/72.18
=24.85

* 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 N.B.I. Industrial Finance Co was 47.19. The lowest was 20.49. And the median was 26.18.


Be Aware

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


N.B.I. Industrial Finance Co E10 Related Terms

Thank you for viewing the detailed overview of N.B.I. Industrial Finance Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


N.B.I. Industrial Finance Co (NSE:NBIFIN) Business Description

Traded in Other Exchanges
N/A
Address
No. 21, Strand Road, Ground Floor, Kolkata, WB, IND, 700001
N.B.I. Industrial Finance Co Ltd is a non-banking financial company also engaged in financial activities in India. It invests in securities and shares of listed companies.

N.B.I. Industrial Finance Co (NSE:NBIFIN) Headlines

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