GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Pankaj Piyush Trade & Investments Ltd (BOM:506122) » Definitions » E10

Pankaj Piyush Trade & Investments (BOM:506122) E10 : ₹-0.77 (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Pankaj Piyush Trade & Investments 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.

Pankaj Piyush Trade & Investments's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹-0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-0.77 for the trailing ten years ended in Dec. 2023.

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 (2024-05-26), Pankaj Piyush Trade & Investments's current stock price is ₹114.95. Pankaj Piyush Trade & Investments's E10 for the quarter that ended in Dec. 2023 was ₹-0.77. Pankaj Piyush Trade & Investments's Shiller PE Ratio of today is .

During the past 11 years, the highest Shiller PE Ratio of Pankaj Piyush Trade & Investments was 29.55. The lowest was 0.00. And the median was 27.97.


Pankaj Piyush Trade & Investments E10 Historical Data

The historical data trend for Pankaj Piyush Trade & Investments'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.

Pankaj Piyush Trade & Investments E10 Chart

Pankaj Piyush Trade & Investments 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 - - - - -4.11

Pankaj Piyush Trade & Investments 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 -2.46 -4.11 -3.78 -3.14 -0.77

Competitive Comparison of Pankaj Piyush Trade & Investments's E10

For the Capital Markets subindustry, Pankaj Piyush Trade & Investments'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.


Pankaj Piyush Trade & Investments's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Pankaj Piyush Trade & Investments's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Pankaj Piyush Trade & Investments's Shiller PE Ratio falls into.



Pankaj Piyush Trade & Investments 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, Pankaj Piyush Trade & Investments'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)
=-0.04/152.9243*152.9243
=-0.040

Current CPI (Dec. 2023) = 152.9243.

Pankaj Piyush Trade & Investments Quarterly Data

per share eps CPI Adj_EPS
201403 -9.443 91.425 -15.795
201406 0.573 94.103 0.931
201409 2.220 96.780 3.508
201412 0.450 96.780 0.711
201503 -15.073 97.163 -23.723
201506 1.360 99.841 2.083
201509 1.460 101.753 2.194
201512 0.820 102.901 1.219
201603 -15.280 102.518 -22.793
201606 1.410 105.961 2.035
201609 13.620 105.961 19.657
201612 5.990 105.196 8.708
201703 1.860 105.196 2.704
201706 4.565 107.109 6.518
201709 -0.350 109.021 -0.491
201712 6.630 109.404 9.267
201803 -1.210 109.786 -1.685
201806 9.290 111.317 12.762
201809 7.900 115.142 10.492
201812 -17.610 115.142 -23.389
201903 -3.050 118.202 -3.946
201906 -10.870 120.880 -13.752
201909 -4.240 123.175 -5.264
201912 14.940 126.235 18.099
202003 -4.700 124.705 -5.764
202006 7.390 127.000 8.898
202009 0.390 130.118 0.458
202012 3.600 130.889 4.206
202103 -13.270 131.771 -15.400
202106 2.530 134.084 2.885
202109 4.310 135.847 4.852
202112 5.450 138.161 6.032
202203 -13.450 138.822 -14.816
202206 5.540 142.347 5.952
202209 4.070 144.661 4.302
202212 4.520 145.763 4.742
202303 -15.430 146.865 -16.067
202306 5.030 150.280 5.119
202309 6.850 151.492 6.915
202312 -0.040 152.924 -0.040

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


Pankaj Piyush Trade & Investments  (BOM:506122) 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.

During the past 11 years, the highest Shiller P/E Ratio of Pankaj Piyush Trade & Investments was 29.55. The lowest was 0.00. And the median was 27.97.


Be Aware

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


Pankaj Piyush Trade & Investments E10 Related Terms

Thank you for viewing the detailed overview of Pankaj Piyush Trade & Investments's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Pankaj Piyush Trade & Investments (BOM:506122) Business Description

Traded in Other Exchanges
N/A
Address
304, Building No. 61, Vijay Block, Laxmi Nagar, New Delhi, IND, 110092
Pankaj Piyush Trade & Investments Ltd is an Indian financial and investment company. It is engaged in the activity of investing capital and other finances of the firm in the purchase and sale of shares, stocks, units, debentures, debenture-stock, bonds, mortgages, obligations, and securities issued or guaranteed by any company. The business has three reportable segments; trading in shares /securities, fabric, and loan financing. Substantial revenue accrues from the financing of loans.

Pankaj Piyush Trade & Investments (BOM:506122) Headlines

No Headlines