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Aditya Birla Money (BOM:532974) E10 : ₹3.61 (As of Mar. 2024)


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What is Aditya Birla Money 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.

Aditya Birla Money's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹-0.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹3.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aditya Birla Money's average E10 Growth Rate was 42.70% 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.

As of today (2024-06-10), Aditya Birla Money's current stock price is ₹155.50. Aditya Birla Money's E10 for the quarter that ended in Mar. 2024 was ₹3.61. Aditya Birla Money's Shiller PE Ratio of today is 43.07.

During the past 13 years, the highest Shiller PE Ratio of Aditya Birla Money was 232.66. The lowest was 18.07. And the median was 33.83.


Aditya Birla Money E10 Historical Data

The historical data trend for Aditya Birla Money'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.

Aditya Birla Money E10 Chart

Aditya Birla Money 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 - - 1.04 2.53 3.61

Aditya Birla Money 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 2.53 2.93 3.27 3.62 3.61

Competitive Comparison of Aditya Birla Money's E10

For the Capital Markets subindustry, Aditya Birla Money'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.


Aditya Birla Money's Shiller PE Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where Aditya Birla Money's Shiller PE Ratio falls into.



Aditya Birla Money 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, Aditya Birla Money'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)
=-0.45/153.0345*153.0345
=-0.450

Current CPI (Mar. 2024) = 153.0345.

Aditya Birla Money Quarterly Data

per share eps CPI Adj_EPS
201406 0.360 94.103 0.585
201409 0.390 96.780 0.617
201412 0.140 96.780 0.221
201503 0.170 97.163 0.268
201506 0.230 99.841 0.353
201509 0.310 101.753 0.466
201512 0.070 102.901 0.104
201603 -0.010 102.518 -0.015
201606 -0.230 105.961 -0.332
201609 0.470 105.961 0.679
201612 0.540 105.196 0.786
201703 0.530 105.196 0.771
201706 0.230 107.109 0.329
201709 0.260 109.021 0.365
201712 0.500 109.404 0.699
201803 0.570 109.786 0.795
201806 0.360 111.317 0.495
201809 0.420 115.142 0.558
201812 0.420 115.142 0.558
201903 0.580 118.202 0.751
201906 0.620 120.880 0.785
201909 0.520 123.175 0.646
201912 0.490 126.235 0.594
202003 0.500 124.705 0.614
202006 0.630 127.000 0.759
202009 0.770 130.118 0.906
202012 0.750 130.889 0.877
202103 0.650 131.771 0.755
202106 1.000 134.084 1.141
202109 1.140 135.847 1.284
202112 1.140 138.161 1.263
202203 1.350 138.822 1.488
202206 1.440 142.347 1.548
202209 1.720 144.661 1.820
202212 1.550 145.763 1.627
202303 4.660 146.865 4.856
202306 1.670 150.280 1.701
202309 2.110 151.492 2.131
202312 2.680 152.924 2.682
202403 -0.450 153.035 -0.450

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


Aditya Birla Money  (BOM:532974) 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.

Aditya Birla Money's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=155.50/3.61
=43.07

* 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 Aditya Birla Money was 232.66. The lowest was 18.07. And the median was 33.83.


Be Aware

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


Aditya Birla Money E10 Related Terms

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


Aditya Birla Money (BOM:532974) Business Description

Traded in Other Exchanges
Address
Thiru-Vi-Ka (SIDCO) Industrial Estate, Sai Sagar, 2nd & 3rd Floor, Plot No. M-7, Guindy, Chennai, TN, IND, 600 032
Aditya Birla Money Ltd is in the business of broking and related activities. The company is engaged in various divisions such as broking, trading in securities, and others. It generates a majority of its revenue from the broking segment.

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