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Indiabulls Housing Finance (BOM:535789) E10 : ₹62.34 (As of Mar. 2024)


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What is Indiabulls Housing 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.

Indiabulls Housing Finance's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹4.324. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹62.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Indiabulls Housing Finance's average E10 Growth Rate was -3.40% 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), Indiabulls Housing Finance's current stock price is ₹159.90. Indiabulls Housing Finance's E10 for the quarter that ended in Mar. 2024 was ₹62.34. Indiabulls Housing Finance's Shiller PE Ratio of today is 2.56.

During the past 12 years, the highest Shiller PE Ratio of Indiabulls Housing Finance was 3.24. The lowest was 1.22. And the median was 1.97.


Indiabulls Housing Finance E10 Historical Data

The historical data trend for Indiabulls Housing 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.

Indiabulls Housing Finance E10 Chart

Indiabulls Housing 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 - - 65.86 64.56 62.34

Indiabulls Housing 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 64.56 65.03 64.47 63.87 62.34

Competitive Comparison of Indiabulls Housing Finance's E10

For the Mortgage Finance subindustry, Indiabulls Housing 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.


Indiabulls Housing Finance's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Indiabulls Housing Finance's Shiller PE Ratio distribution charts can be found below:

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



Indiabulls Housing 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, Indiabulls Housing 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)
=4.324/153.0345*153.0345
=4.324

Current CPI (Mar. 2024) = 153.0345.

Indiabulls Housing Finance Quarterly Data

per share eps CPI Adj_EPS
201406 10.944 94.103 17.798
201409 11.399 96.780 18.025
201412 11.800 96.780 18.659
201503 13.459 97.163 21.198
201506 12.496 99.841 19.154
201509 13.103 101.753 19.707
201512 12.603 102.901 18.743
201603 14.137 102.518 21.103
201606 13.174 105.961 19.027
201609 14.289 105.961 20.637
201612 15.671 105.196 22.797
201703 17.116 105.196 24.900
201706 16.822 107.109 24.035
201709 17.875 109.021 25.091
201712 23.672 109.404 33.112
201803 19.712 109.786 27.477
201806 21.835 111.317 30.018
201809 21.630 115.142 28.748
201812 20.470 115.142 27.207
201903 20.961 118.202 27.138
201906 16.626 120.880 21.049
201909 14.762 123.175 18.341
201912 11.506 126.235 13.949
202003 3.077 124.705 3.776
202006 5.807 127.000 6.997
202009 6.797 130.118 7.994
202012 6.591 130.889 7.706
202103 5.512 131.771 6.401
202106 5.637 134.084 6.434
202109 5.700 135.847 6.421
202112 6.038 138.161 6.688
202203 6.128 138.822 6.755
202206 5.708 142.347 6.137
202209 5.717 144.661 6.048
202212 5.726 145.763 6.012
202303 6.158 146.865 6.417
202306 5.860 150.280 5.967
202309 5.744 151.492 5.802
202312 5.610 152.924 5.614
202403 4.324 153.035 4.324

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


Indiabulls Housing Finance  (BOM:535789) 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.

Indiabulls Housing Finance's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=159.90/62.34
=2.56

* 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 12 years, the highest Shiller P/E Ratio of Indiabulls Housing Finance was 3.24. The lowest was 1.22. And the median was 1.97.


Be Aware

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


Indiabulls Housing Finance E10 Related Terms

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


Indiabulls Housing Finance (BOM:535789) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, Elphinstone Road, 18th Floor, One Internaonal Centre, Tower 1, Mumbai, MH, IND, 400 013
Indiabulls Housing Finance Ltd operates as a private housing finance company in India. The company has businesses spread across housing finance, real estate, and wealth management. Indiabulls offers home loans for resident Indians as well as non-residents. The company is focused on home loans in the affordable housing segment. The company's strategy focuses on educating the customer through convenient, scalable services. Indiabulls also works on effective technology deployment in order to streamline its operations with a focus on payment collection.

Indiabulls Housing Finance (BOM:535789) Headlines

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