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K K Fincorp (BOM:503669) E10 : ₹1.61 (As of Dec. 2023)


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What is K K Fincorp 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.

K K Fincorp's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹1.61 for the trailing ten years ended in Dec. 2023.

During the past 12 months, K K Fincorp's average E10 Growth Rate was 15.80% 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.

As of today (2024-05-21), K K Fincorp's current stock price is ₹28.62. K K Fincorp's E10 for the quarter that ended in Dec. 2023 was ₹1.61. K K Fincorp's Shiller PE Ratio of today is 17.78.

During the past 13 years, the highest Shiller PE Ratio of K K Fincorp was 25.29. The lowest was 5.04. And the median was 10.09.


K K Fincorp E10 Historical Data

The historical data trend for K K Fincorp'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.

K K Fincorp E10 Chart

K K Fincorp 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 - - 1.19 1.37 1.40

K K Fincorp 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 1.39 1.40 1.41 1.39 1.61

Competitive Comparison of K K Fincorp's E10

For the Asset Management subindustry, K K Fincorp'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.


K K Fincorp's Shiller PE Ratio Distribution in the Asset Management Industry

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

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



K K Fincorp 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, K K Fincorp'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)
=0.03/152.9243*152.9243
=0.030

Current CPI (Dec. 2023) = 152.9243.

K K Fincorp Quarterly Data

per share eps CPI Adj_EPS
201309 0.183 91.042 0.307
201312 0.540 91.425 0.903
201403 1.813 91.425 3.033
201406 1.510 94.103 2.454
201409 0.850 96.780 1.343
201412 -0.100 96.780 -0.158
201503 0.200 97.163 0.315
201506 0.220 99.841 0.337
201509 -0.050 101.753 -0.075
201512 0.020 102.901 0.030
201603 0.300 102.518 0.448
201606 0.030 105.961 0.043
201609 0.310 105.961 0.447
201612 -0.060 105.196 -0.087
201703 0.030 105.196 0.044
201706 -0.070 107.109 -0.100
201709 0.020 109.021 0.028
201803 0.010 109.786 0.014
201809 0.290 115.142 0.385
201812 0.070 115.142 0.093
201903 0.220 118.202 0.285
201906 0.190 120.880 0.240
201909 0.190 123.175 0.236
201912 -0.100 126.235 -0.121
202003 0.230 124.705 0.282
202006 -0.040 127.000 -0.048
202009 0.040 130.118 0.047
202012 0.160 130.889 0.187
202103 -0.010 131.771 -0.012
202106 -0.030 134.084 -0.034
202109 1.120 135.847 1.261
202112 0.170 138.161 0.188
202203 2.240 138.822 2.468
202206 0.060 142.347 0.064
202209 0.110 144.661 0.116
202212 0.630 145.763 0.661
202303 0.310 146.865 0.323
202306 0.040 150.280 0.041
202309 0.040 151.492 0.040
202312 0.030 152.924 0.030

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


K K Fincorp  (BOM:503669) 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.

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

Shiller PE Ratio=Share Price/E10
=28.62/1.61
=17.78

* 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 K K Fincorp was 25.29. The lowest was 5.04. And the median was 10.09.


Be Aware

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


K K Fincorp E10 Related Terms

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


K K Fincorp (BOM:503669) Business Description

Traded in Other Exchanges
N/A
Address
REMI House, Walbhat Road, Plot No. 11, Cama Industrial Estate, Goregoan (East), Mumbai, MH, IND, 400 063
K K Fincorp Ltd is an investment company engaged in investment activities and other financial services. The company's business is to buy, underwrite, invest in, acquire and hold shares, stock, debentures, bonds, obligations and securities. It derives revenue from Interest income and Capital Gain on Sale of Long Term Investments, of which key income is derived from the Capital Gain on Sale of Long Term Investments.

K K Fincorp (BOM:503669) Headlines

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