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Standard Capital Markets (BOM:511700) E10 : ₹0.13 (As of Dec. 2023)


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What is Standard Capital Markets 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.

Standard Capital Markets's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹0.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.13 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Standard Capital Markets's average E10 Growth Rate was 18.20% 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 (2024-05-18), Standard Capital Markets's current stock price is ₹1.54. Standard Capital Markets's E10 for the quarter that ended in Dec. 2023 was ₹0.13. Standard Capital Markets's Shiller PE Ratio of today is 11.85.

During the past 13 years, the highest Shiller PE Ratio of Standard Capital Markets was 25.00. The lowest was 8.02. And the median was 14.62.


Standard Capital Markets E10 Historical Data

The historical data trend for Standard Capital Markets'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.

Standard Capital Markets E10 Chart

Standard Capital Markets 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 - - -0.61 - 0.12

Standard Capital Markets 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 0.11 0.12 0.12 0.12 0.13

Competitive Comparison of Standard Capital Markets's E10

For the Credit Services subindustry, Standard Capital Markets'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.


Standard Capital Markets's Shiller PE Ratio Distribution in the Credit Services Industry

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

* The bar in red indicates where Standard Capital Markets's Shiller PE Ratio falls into.



Standard Capital Markets 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, Standard Capital Markets'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)
=0.07/152.9243*152.9243
=0.070

Current CPI (Dec. 2023) = 152.9243.

Standard Capital Markets Quarterly Data

per share eps CPI Adj_EPS
201403 -0.007 91.425 -0.012
201406 0.001 94.103 0.002
201409 0.001 96.780 0.002
201412 0.001 96.780 0.002
201503 -0.002 97.163 -0.003
201506 0.002 99.841 0.003
201509 0.001 101.753 0.002
201512 0.002 102.901 0.003
201603 -0.003 102.518 -0.004
201606 0.002 105.961 0.003
201609 0.001 105.961 0.001
201612 0.002 105.196 0.003
201703 -0.002 105.196 -0.003
201706 0.003 107.109 0.004
201709 0.002 109.021 0.003
201712 0.002 109.404 0.003
201803 0.000 109.786 0.000
201806 0.002 111.317 0.003
201809 0.001 115.142 0.001
201812 0.001 115.142 0.001
201903 0.002 118.202 0.003
201906 0.002 120.880 0.003
201909 0.002 123.175 0.002
201912 0.001 126.235 0.001
202003 -0.004 124.705 -0.005
202006 0.002 127.000 0.002
202009 0.001 130.118 0.001
202012 0.002 130.889 0.002
202103 -0.063 131.771 -0.073
202106 0.001 134.084 0.001
202109 0.000 135.847 0.000
202112 0.002 138.161 0.002
202203 0.004 138.822 0.004
202206 0.003 142.347 0.003
202209 0.012 144.661 0.013
202212 1.110 145.763 1.165
202303 0.011 146.865 0.011
202306 0.018 150.280 0.018
202309 0.016 151.492 0.016
202312 0.070 152.924 0.070

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


Standard Capital Markets  (BOM:511700) 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.

Standard Capital Markets's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.54/0.13
=11.85

* 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 Standard Capital Markets was 25.00. The lowest was 8.02. And the median was 14.62.


Be Aware

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


Standard Capital Markets E10 Related Terms

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


Standard Capital Markets (BOM:511700) Business Description

Traded in Other Exchanges
N/A
Address
Netaji Subhash Place, 401-A, PP Towers, Pitampura, New Delhi, IND, 110034
Standard Capital Markets Ltd is an India based non-banking financial company. It is engaged in the business of financing and sale or purchase of shares. The company generates revenue from interest income. Its services categories include Advisory Services; Arbitration and Mediation; Due Diligence; Commercial and Business contracts; Drafting and Pleading; Litigation and Licensing.

Standard Capital Markets (BOM:511700) Headlines

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