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Bridge Securities (BOM:530249) E10 : ₹0.11 (As of Mar. 2024)


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What is Bridge Securities 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.

Bridge Securities's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.800. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bridge Securities's average E10 Growth Rate was 450.00% per year. During the past 3 years, the average E10 Growth Rate was -20.60% 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 Bridge Securities was -20.60% per year. The lowest was -20.60% per year. And the median was -20.60% per year.

As of today (2024-06-02), Bridge Securities's current stock price is ₹24.39. Bridge Securities's E10 for the quarter that ended in Mar. 2024 was ₹0.11. Bridge Securities's Shiller PE Ratio of today is 221.73.

During the past 13 years, the highest Shiller PE Ratio of Bridge Securities was 466.20. The lowest was 18.82. And the median was 73.16.


Bridge Securities E10 Historical Data

The historical data trend for Bridge Securities'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.

Bridge Securities E10 Chart

Bridge Securities 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 - 0.22 0.35 0.02 0.11

Bridge Securities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.02 0.03 0.04 0.05 0.11

Competitive Comparison of Bridge Securities's E10

For the Capital Markets subindustry, Bridge Securities'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.


Bridge Securities's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bridge Securities's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bridge Securities's Shiller PE Ratio falls into.



Bridge Securities 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, Bridge Securities's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.8/153.0345*153.0345
=0.800

Current CPI (Mar. 2024) = 153.0345.

Bridge Securities Quarterly Data

per share eps CPI Adj_EPS
201406 0.630 94.103 1.025
201409 -0.640 96.780 -1.012
201412 -0.010 96.780 -0.016
201503 0.007 97.163 0.011
201506 -0.310 99.841 -0.475
201509 -0.270 101.753 -0.406
201512 0.330 102.901 0.491
201603 -0.240 102.518 -0.358
201606 0.030 105.961 0.043
201609 0.510 105.961 0.737
201612 -0.140 105.196 -0.204
201703 0.740 105.196 1.077
201706 0.290 107.109 0.414
201709 0.360 109.021 0.505
201712 1.200 109.404 1.679
201803 -0.330 109.786 -0.460
201806 0.080 111.317 0.110
201809 -0.130 115.142 -0.173
201812 -0.090 115.142 -0.120
201903 0.192 118.202 0.249
201906 0.210 120.880 0.266
201909 -0.220 123.175 -0.273
201912 -0.040 126.235 -0.048
202003 -2.260 124.705 -2.773
202006 0.860 127.000 1.036
202009 -0.310 130.118 -0.365
202012 2.240 130.889 2.619
202103 0.910 131.771 1.057
202106 0.850 134.084 0.970
202109 0.288 135.847 0.324
202112 -2.005 138.161 -2.221
202203 -1.814 138.822 -2.000
202206 -0.270 142.347 -0.290
202209 -0.071 144.661 -0.075
202212 -0.490 145.763 -0.514
202303 -1.200 146.865 -1.250
202306 0.130 150.280 0.132
202309 0.033 151.492 0.033
202312 0.580 152.924 0.580
202403 0.800 153.035 0.800

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


Bridge Securities  (BOM:530249) 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.

Bridge Securities's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=24.39/0.11
=221.73

* 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 Bridge Securities was 466.20. The lowest was 18.82. And the median was 73.16.


Be Aware

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


Bridge Securities E10 Related Terms

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


Bridge Securities (BOM:530249) Business Description

Traded in Other Exchanges
N/A
Address
Near Dinesh Hall, Ashram Road, 17, Suhas Nagar Society, Ahmedabad, GJ, IND, 380009
Bridge Securities Ltd provides financial services. It offers securities trading, stock broking, and leasing services in India. The company acquires and deals in shares, stocks, and debentures.

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