GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Music Broadcast Ltd (NSE:RADIOCITY) » Definitions » E10

Music Broadcast (NSE:RADIOCITY) E10 : ₹0.85 (As of Dec. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Music Broadcast 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.

Music Broadcast's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹0.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.85 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 (2025-03-25), Music Broadcast's current stock price is ₹9.82. Music Broadcast's E10 for the quarter that ended in Dec. 2024 was ₹0.85. Music Broadcast's Shiller PE Ratio of today is 11.55.

During the past 13 years, the highest Shiller PE Ratio of Music Broadcast was 14.22. The lowest was 11.05. And the median was 13.67.


Music Broadcast E10 Historical Data

The historical data trend for Music Broadcast'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.

Music Broadcast E10 Chart

Music Broadcast 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 - - - - -

Music Broadcast 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 - - - - 0.85

Competitive Comparison of Music Broadcast's E10

For the Broadcasting subindustry, Music Broadcast'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.


Music Broadcast's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Music Broadcast's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Music Broadcast's Shiller PE Ratio falls into.



Music Broadcast 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, Music Broadcast'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)
=0.1/158.3229*158.3229
=0.100

Current CPI (Dec. 2024) = 158.3229.

Music Broadcast Quarterly Data

per share eps CPI Adj_EPS
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.446 102.518 0.689
201606 0.271 105.961 0.405
201609 0.509 105.961 0.761
201612 0.286 105.196 0.430
201703 0.154 105.196 0.232
201706 0.304 107.109 0.449
201709 0.357 109.021 0.518
201712 0.333 109.404 0.482
201803 0.456 109.786 0.658
201806 0.376 111.317 0.535
201809 0.376 115.142 0.517
201812 0.472 115.142 0.649
201903 0.526 118.202 0.705
201906 0.240 120.880 0.314
201909 0.540 123.175 0.694
201912 0.296 126.235 0.371
202003 -0.252 124.705 -0.320
202006 -0.400 127.000 -0.499
202009 -0.190 130.118 -0.231
202012 0.002 130.889 0.002
202103 -0.112 131.771 -0.135
202106 -0.370 134.084 -0.437
202109 0.010 135.847 0.012
202112 0.260 138.161 0.298
202203 -0.050 138.822 -0.057
202206 0.000 142.347 0.000
202209 0.003 144.661 0.003
202212 0.120 145.763 0.130
202303 -0.020 146.865 -0.022
202306 0.030 150.280 0.032
202309 0.010 151.492 0.010
202312 0.070 152.924 0.072
202403 0.090 153.035 0.093
202406 0.070 155.789 0.071
202409 -0.060 157.882 -0.060
202412 0.100 158.323 0.100

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


Music Broadcast  (NSE:RADIOCITY) 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.

Music Broadcast's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.82/0.85
=11.55

* 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 Music Broadcast was 14.22. The lowest was 11.05. And the median was 13.67.


Be Aware

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


Music Broadcast E10 Related Terms

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


Music Broadcast Business Description

Traded in Other Exchanges
Address
Off Western Express Highway, 5th Floor, RNA Corporate Park, Kalanagar, Bandra (East), Mumbai, MH, IND, 400 051
Music Broadcast Ltd is engaged in the business of operating Private FM Radio Stations through the brand Radio City. The Company is engaged in the business of radio broadcasting and other related activities under the 'Radio City' brand in India.

Music Broadcast Headlines

No Headlines