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Avantel (BOM:532406) E10 : ₹0.68 (As of Mar. 2024)


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What is Avantel 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.

Avantel's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Avantel's average E10 Growth Rate was 44.70% per year. During the past 3 years, the average E10 Growth Rate was -26.60% 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 Avantel was -26.60% per year. The lowest was -26.60% per year. And the median was -26.60% per year.

As of today (2024-06-10), Avantel's current stock price is ₹122.80. Avantel's E10 for the quarter that ended in Mar. 2024 was ₹0.68. Avantel's Shiller PE Ratio of today is 180.59.

During the past 13 years, the highest Shiller PE Ratio of Avantel was 229.64. The lowest was 2.08. And the median was 50.23.


Avantel E10 Historical Data

The historical data trend for Avantel'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.

Avantel E10 Chart

Avantel 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 - 1.72 0.38 0.47 0.68

Avantel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.45 0.47 0.56 0.64 0.68

Competitive Comparison of Avantel's E10

For the Communication Equipment subindustry, Avantel'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.


Avantel's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Avantel's Shiller PE Ratio distribution charts can be found below:

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



Avantel 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, Avantel'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)
=0.49/153.0345*153.0345
=0.490

Current CPI (Mar. 2024) = 153.0345.

Avantel Quarterly Data

per share eps CPI Adj_EPS
201403 0.043 91.425 0.072
201406 -0.066 94.103 -0.107
201409 0.101 96.780 0.160
201412 0.009 96.780 0.014
201503 -0.004 97.163 -0.006
201506 0.008 99.841 0.012
201509 0.007 101.753 0.011
201512 0.009 102.901 0.013
201603 0.001 102.518 0.001
201606 0.015 105.961 0.022
201609 0.013 105.961 0.019
201612 0.014 105.196 0.020
201703 -0.006 105.196 -0.009
201706 0.502 107.109 0.717
201709 0.134 109.021 0.188
201712 0.129 109.404 0.180
201803 -0.053 109.786 -0.074
201806 0.099 111.317 0.136
201809 0.026 115.142 0.035
201812 0.136 115.142 0.181
201903 0.133 118.202 0.172
201906 0.056 120.880 0.071
201909 0.098 123.175 0.122
201912 0.119 126.235 0.144
202003 0.169 124.705 0.207
202006 0.060 127.000 0.072
202009 0.135 130.118 0.159
202012 0.204 130.889 0.239
202103 0.231 131.771 0.268
202106 0.127 134.084 0.145
202109 0.141 135.847 0.159
202112 0.221 138.161 0.245
202203 0.249 138.822 0.274
202206 0.180 142.347 0.194
202209 0.253 144.661 0.268
202212 0.270 145.763 0.283
202303 0.390 146.865 0.406
202309 0.660 151.492 0.667
202312 0.670 152.924 0.670
202403 0.490 153.035 0.490

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


Avantel  (BOM:532406) 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.

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

Shiller PE Ratio=Share Price/E10
=122.80/0.68
=180.59

* 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 Avantel was 229.64. The lowest was 2.08. And the median was 50.23.


Be Aware

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


Avantel E10 Related Terms

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


Avantel (BOM:532406) Business Description

Traded in Other Exchanges
N/A
Address
Survey No’s. 66 & 67, Jubilee Enclave, Plot No. 68 & 69, Jubilee Heights, 4th floor, Madhapur, Hyderabad, TG, IND, 500081
Avantel Ltd is engaged in the business of manufacturing telecom products and provides related customer support services. It caters to both domestic and international markets. It specializes in integrating technologies related to the wireless front end, satellite communication, embedded systems, signal processing, network management, and software development. It offers wireless, Satcom products, wireless products, software solutions, and services. It caters to defense, railway, and marine industries.

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