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Ekam Leasing & Finance Co (BOM:530581) E10 : ₹0.50 (As of Dec. 2023)


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What is Ekam Leasing & Finance Co 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.

Ekam Leasing & Finance Co's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹0.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.50 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ekam Leasing & Finance Co's average E10 Growth Rate was 2.00% 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 (2024-06-08), Ekam Leasing & Finance Co's current stock price is ₹5.54. Ekam Leasing & Finance Co's E10 for the quarter that ended in Dec. 2023 was ₹0.50. Ekam Leasing & Finance Co's Shiller PE Ratio of today is 11.08.

During the past 13 years, the highest Shiller PE Ratio of Ekam Leasing & Finance Co was 18.81. The lowest was 2.30. And the median was 9.65.


Ekam Leasing & Finance Co E10 Historical Data

The historical data trend for Ekam Leasing & Finance Co'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.

Ekam Leasing & Finance Co E10 Chart

Ekam Leasing & Finance Co 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 - - 0.69 1.57 0.49

Ekam Leasing & Finance Co 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 0.49 0.49 0.51 0.50 0.50

Competitive Comparison of Ekam Leasing & Finance Co's E10

For the Credit Services subindustry, Ekam Leasing & Finance Co'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.


Ekam Leasing & Finance Co's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ekam Leasing & Finance Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ekam Leasing & Finance Co's Shiller PE Ratio falls into.



Ekam Leasing & Finance Co 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, Ekam Leasing & Finance Co'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)
=0.12/152.9243*152.9243
=0.120

Current CPI (Dec. 2023) = 152.9243.

Ekam Leasing & Finance Co Quarterly Data

per share eps CPI Adj_EPS
201312 0.165 91.425 0.276
201403 0.305 91.425 0.510
201406 0.190 94.103 0.309
201409 0.070 96.780 0.111
201412 -0.003 96.780 -0.005
201503 0.050 97.163 0.079
201506 0.145 99.841 0.222
201509 0.190 101.753 0.286
201512 0.115 102.901 0.171
201603 0.274 102.518 0.409
201606 0.240 105.961 0.346
201609 0.280 105.961 0.404
201612 0.170 105.196 0.247
201703 -0.013 105.196 -0.019
201706 -0.020 107.109 -0.029
201709 0.135 109.021 0.189
201803 0.360 109.786 0.501
201806 0.150 111.317 0.206
201809 -0.060 115.142 -0.080
201812 0.050 115.142 0.066
201903 0.350 118.202 0.453
201906 -1.950 120.880 -2.467
201909 0.030 123.175 0.037
201912 1.040 126.235 1.260
202003 0.290 124.705 0.356
202006 0.080 127.000 0.096
202009 0.090 130.118 0.106
202012 0.030 130.889 0.035
202103 0.320 131.771 0.371
202106 0.140 134.084 0.160
202109 0.130 135.847 0.146
202112 0.130 138.161 0.144
202203 0.030 138.822 0.033
202206 0.160 142.347 0.172
202209 0.110 144.661 0.116
202212 -0.520 145.763 -0.546
202303 -0.080 146.865 -0.083
202306 0.110 150.280 0.112
202309 0.130 151.492 0.131
202312 0.120 152.924 0.120

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


Ekam Leasing & Finance Co  (BOM:530581) 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.

Ekam Leasing & Finance Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.54/0.5
=11.08

* 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 Ekam Leasing & Finance Co was 18.81. The lowest was 2.30. And the median was 9.65.


Be Aware

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


Ekam Leasing & Finance Co E10 Related Terms

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


Ekam Leasing & Finance Co (BOM:530581) Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Rani Jhansi Road, M M Road, (Motia Khan), New Delhi, IND, 110055
Ekam Leasing & Finance Co Ltd is an India-based non-banking financial company. It is mainly engaged in the business of financing. It mainly operates and generates revenue in India.

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