GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Ashika Credit Capital Ltd (BOM:543766) » Definitions » E10

Ashika Credit Capital (BOM:543766) E10 : ₹2.45 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Ashika Credit Capital 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.

Ashika Credit Capital's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹-5.410. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ashika Credit Capital's average E10 Growth Rate was 126.90% 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 (2024-06-11), Ashika Credit Capital's current stock price is ₹65.67. Ashika Credit Capital's E10 for the quarter that ended in Mar. 2024 was ₹2.45. Ashika Credit Capital's Shiller PE Ratio of today is 26.80.

During the past 13 years, the highest Shiller PE Ratio of Ashika Credit Capital was 435.00. The lowest was 12.50. And the median was 35.33.


Ashika Credit Capital E10 Historical Data

The historical data trend for Ashika Credit Capital'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.

Ashika Credit Capital E10 Chart

Ashika Credit Capital 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 - -0.38 -0.02 1.08 2.45

Ashika Credit Capital 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 1.08 1.09 1.11 2.11 2.45

Competitive Comparison of Ashika Credit Capital's E10

For the Capital Markets subindustry, Ashika Credit Capital'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.


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

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

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



Ashika Credit Capital 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, Ashika Credit Capital'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)
=-5.41/153.0345*153.0345
=-5.410

Current CPI (Mar. 2024) = 153.0345.

Ashika Credit Capital Quarterly Data

per share eps CPI Adj_EPS
201406 0.690 94.103 1.122
201409 0.830 96.780 1.312
201412 0.740 96.780 1.170
201503 -0.930 97.163 -1.465
201506 0.090 99.841 0.138
201509 -8.430 101.753 -12.679
201512 1.160 102.901 1.725
201603 -1.370 102.518 -2.045
201606 4.000 105.961 5.777
201609 2.160 105.961 3.120
201612 -1.400 105.196 -2.037
201703 -2.070 105.196 -3.011
201706 0.400 107.109 0.572
201709 0.540 109.021 0.758
201712 1.980 109.404 2.770
201803 0.685 109.786 0.955
201806 1.490 111.317 2.048
201809 3.060 115.142 4.067
201812 -1.260 115.142 -1.675
201903 3.990 118.202 5.166
201906 0.730 120.880 0.924
201909 -0.890 123.175 -1.106
201912 0.730 126.235 0.885
202003 -2.730 124.705 -3.350
202006 1.160 127.000 1.398
202009 0.880 130.118 1.035
202012 0.330 130.889 0.386
202103 -0.980 131.771 -1.138
202106 -0.130 134.084 -0.148
202109 1.930 135.847 2.174
202112 2.000 138.161 2.215
202203 -0.860 138.822 -0.948
202206 3.600 142.347 3.870
202209 3.850 144.661 4.073
202212 -2.230 145.763 -2.341
202303 -0.260 146.865 -0.271
202306 2.740 150.280 2.790
202309 3.470 151.492 3.505
202312 8.200 152.924 8.206
202403 -5.410 153.035 -5.410

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


Ashika Credit Capital  (BOM:543766) 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.

Ashika Credit Capital's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=65.67/2.45
=26.80

* 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 Ashika Credit Capital was 435.00. The lowest was 12.50. And the median was 35.33.


Be Aware

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


Ashika Credit Capital E10 Related Terms

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


Ashika Credit Capital (BOM:543766) Business Description

Traded in Other Exchanges
N/A
Address
1008, Raheja Centre, 10th Floor, 214, Nariman Point, Mumbai, IND, 400021
Ashika Credit Capital Ltd is a non-deposit-taking non-banking financial corporation actively engaged in fund-based activities in India including providing Loans and advances, inter-corporate deposit, restructuring finance. The Company is primarily engaged in a single reportable segment of Financial Services. It offers retail broking, institutional equity, lending, investment banking, wealth management, and asset management services to its clients.

Ashika Credit Capital (BOM:543766) Headlines

No Headlines