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MCB Group (XMAU:MCBG) E10 : MUR46.63 (As of Dec. 2024)


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What is MCB Group 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.

MCB Group's adjusted earnings per share data for the three months ended in Dec. 2024 was MUR20.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MUR46.63 for the trailing ten years ended in Dec. 2024.

During the past 12 months, MCB Group's average E10 Growth Rate was 13.90% per year. During the past 3 years, the average E10 Growth Rate was 8.60% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of MCB Group was 8.60% per year. The lowest was 8.60% per year. And the median was 8.60% per year.

As of today (2025-03-24), MCB Group's current stock price is MUR464.00. MCB Group's E10 for the quarter that ended in Dec. 2024 was MUR46.63. MCB Group's Shiller PE Ratio of today is 9.95.

During the past 13 years, the highest Shiller PE Ratio of MCB Group was 10.19. The lowest was 6.34. And the median was 8.11.


MCB Group E10 Historical Data

The historical data trend for MCB Group'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.

MCB Group E10 Chart

MCB Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 34.48 34.51 39.00 44.15

MCB Group 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 40.95 43.12 44.15 45.43 46.63

Competitive Comparison of MCB Group's E10

For the Banks - Regional subindustry, MCB Group'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.


MCB Group's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where MCB Group's Shiller PE Ratio falls into.



MCB Group 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, MCB Group'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)
=20.15/133.1571*133.1571
=20.150

Current CPI (Dec. 2024) = 133.1571.

MCB Group Quarterly Data

per share eps CPI Adj_EPS
201503 5.760 99.621 7.699
201506 6.140 100.684 8.120
201509 6.490 100.392 8.608
201512 6.700 99.792 8.940
201603 6.540 100.470 8.668
201606 8.080 101.688 10.580
201609 6.700 101.861 8.759
201612 7.420 101.863 9.700
201703 7.650 102.862 9.903
201706 6.330 103.349 8.156
201709 7.050 104.136 9.015
201712 8.220 104.011 10.523
201803 7.560 105.290 9.561
201806 7.420 106.317 9.293
201809 8.930 106.507 11.164
201812 9.050 105.998 11.369
201903 10.240 107.251 12.713
201906 11.390 108.070 14.034
201909 10.550 108.329 12.968
201912 11.470 108.420 14.087
202003 3.460 108.902 4.231
202006 7.610 108.767 9.316
202009 8.050 109.815 9.761
202012 7.770 109.897 9.415
202103 9.530 111.754 11.355
202106 8.140 114.631 9.456
202109 9.340 115.734 10.746
202112 11.100 117.630 12.565
202203 9.660 121.301 10.604
202206 10.030 125.017 10.683
202209 11.340 125.227 12.058
202212 15.990 125.222 17.003
202303 16.690 127.348 17.451
202306 13.610 128.729 14.078
202309 14.260 129.860 14.622
202312 16.730 129.419 17.213
202403 18.060 131.776 18.249
202406 14.570 132.554 14.636
202409 18.830 133.029 18.848
202412 20.150 133.157 20.150

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


MCB Group  (XMAU:MCBG) 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.

MCB Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=464.00/46.63
=9.95

* 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 MCB Group was 10.19. The lowest was 6.34. And the median was 8.11.


Be Aware

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


MCB Group E10 Related Terms

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


MCB Group Business Description

Traded in Other Exchanges
Address
9-15, Sir William Newton Street, Port Louis, MUS
MCB Group Ltd is an integrated financial services provider based in Mauritius. Its core business is to provide banking and non-banking solutions through its local and foreign subsidiaries and associates. The company serves its customer by providing saving and fixed deposit schemes, loans, advances, insurance, credit facilities for the day-to-day needs of various customer segments, including high net worth clients. It also focuses on catering to customers across the globe by providing international financial services to gain foreign source income. The company's operating segment include Banking; Non-Banking Financial and Other Investments. It generates maximum revenue from the Banking segment.

MCB Group Headlines

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