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Lerthai Finance (BOM:502250) E10 : ₹-1.92 (As of Mar. 2024)


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What is Lerthai Finance 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.

Lerthai Finance's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹11.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-1.92 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 5.80% 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 Lerthai Finance was 5.80% per year. The lowest was 5.80% per year. And the median was 5.80% per year.

As of today (2024-06-10), Lerthai Finance's current stock price is ₹371.00. Lerthai Finance's E10 for the quarter that ended in Mar. 2024 was ₹-1.92. Lerthai Finance's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Lerthai Finance was 173.68. The lowest was 0.00. And the median was 0.00.


Lerthai Finance E10 Historical Data

The historical data trend for Lerthai Finance'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.

Lerthai Finance E10 Chart

Lerthai Finance 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 - -2.30 -3.63 -2.86 -1.92

Lerthai Finance 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 -2.86 -2.96 -3.06 -3.05 -1.92

Competitive Comparison of Lerthai Finance's E10

For the Asset Management subindustry, Lerthai Finance'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.


Lerthai Finance's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Lerthai Finance's Shiller PE Ratio distribution charts can be found below:

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



Lerthai Finance 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, Lerthai Finance'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)
=11.05/153.0345*153.0345
=11.050

Current CPI (Mar. 2024) = 153.0345.

Lerthai Finance Quarterly Data

per share eps CPI Adj_EPS
201406 0.130 94.103 0.211
201409 0.160 96.780 0.253
201412 0.340 96.780 0.538
201503 -0.845 97.163 -1.331
201506 -0.070 99.841 -0.107
201509 0.080 101.753 0.120
201512 0.001 102.901 0.001
201603 0.010 102.518 0.015
201606 0.100 105.961 0.144
201609 0.010 105.961 0.014
201612 0.010 105.196 0.015
201703 0.010 105.196 0.015
201706 0.010 107.109 0.014
201709 0.060 109.021 0.084
201712 0.050 109.404 0.070
201803 -1.690 109.786 -2.356
201806 0.020 111.317 0.027
201809 -0.510 115.142 -0.678
201812 -2.940 115.142 -3.908
201903 -4.180 118.202 -5.412
201906 -3.050 120.880 -3.861
201909 -3.320 123.175 -4.125
201912 -4.320 126.235 -5.237
202003 2.520 124.705 3.092
202006 -0.800 127.000 -0.964
202009 -1.010 130.118 -1.188
202012 -1.670 130.889 -1.953
202103 -5.360 131.771 -6.225
202106 -1.210 134.084 -1.381
202109 -1.530 135.847 -1.724
202112 -1.390 138.161 -1.540
202203 -2.610 138.822 -2.877
202206 -1.500 142.347 -1.613
202209 -1.190 144.661 -1.259
202212 -1.010 145.763 -1.060
202303 13.550 146.865 14.119
202306 -0.250 150.280 -0.255
202309 -0.480 151.492 -0.485
202312 0.530 152.924 0.530
202403 11.050 153.035 11.050

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


Lerthai Finance  (BOM:502250) 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 13 years, the highest Shiller P/E Ratio of Lerthai Finance was 173.68. The lowest was 0.00. And the median was 0.00.


Be Aware

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


Lerthai Finance E10 Related Terms

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


Lerthai Finance (BOM:502250) Business Description

Traded in Other Exchanges
N/A
Address
Mahatma Gandhi Road, Office No. 312/313, Third Floor, Barton Centre, Bangalore, KA, IND, 560001
Lerthai Finance Ltd is an Indian company engaged in the business activity of financing and investment. Geographically the company operates only in India.

Lerthai Finance (BOM:502250) Headlines

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