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Narayana Hrudayalaya (NSE:NH) E10 : ₹11.50 (As of Mar. 2024)


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What is Narayana Hrudayalaya 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.

Narayana Hrudayalaya's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹9.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹11.50 for the trailing ten years ended in Mar. 2024.

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 (2024-06-04), Narayana Hrudayalaya's current stock price is ₹1182.55. Narayana Hrudayalaya's E10 for the quarter that ended in Mar. 2024 was ₹11.50. Narayana Hrudayalaya's Shiller PE Ratio of today is 102.83.

During the past 13 years, the highest Shiller PE Ratio of Narayana Hrudayalaya was 128.21. The lowest was 102.12. And the median was 114.23.


Narayana Hrudayalaya E10 Historical Data

The historical data trend for Narayana Hrudayalaya'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.

Narayana Hrudayalaya E10 Chart

Narayana Hrudayalaya 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 - - - - 11.50

Narayana Hrudayalaya 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 - - 9.97 10.79 11.50

Competitive Comparison of Narayana Hrudayalaya's E10

For the Medical Care Facilities subindustry, Narayana Hrudayalaya'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.


Narayana Hrudayalaya's Shiller PE Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Narayana Hrudayalaya's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Narayana Hrudayalaya's Shiller PE Ratio falls into.



Narayana Hrudayalaya 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, Narayana Hrudayalaya'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)
=9.39/153.0345*153.0345
=9.390

Current CPI (Mar. 2024) = 153.0345.

Narayana Hrudayalaya Quarterly Data

per share eps CPI Adj_EPS
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201412 -0.706 96.780 -1.116
201503 0.002 97.163 0.003
201506 -0.030 99.841 -0.046
201509 0.520 101.753 0.782
201512 0.290 102.901 0.431
201603 0.250 102.518 0.373
201606 0.850 105.961 1.228
201609 1.310 105.961 1.892
201612 0.840 105.196 1.222
201703 1.100 105.196 1.600
201706 0.540 107.109 0.772
201709 0.820 109.021 1.151
201712 0.700 109.404 0.979
201803 0.480 109.786 0.669
201806 -0.210 111.317 -0.289
201809 0.670 115.142 0.890
201812 0.620 115.142 0.824
201903 1.830 118.202 2.369
201906 1.490 120.880 1.886
201909 2.230 123.175 2.771
201912 1.550 126.235 1.879
202003 0.590 124.705 0.724
202006 -5.900 127.000 -7.109
202009 -0.170 130.118 -0.200
202012 2.010 130.889 2.350
202103 3.360 131.771 3.902
202106 3.750 134.084 4.280
202109 4.890 135.847 5.509
202112 4.800 138.161 5.317
202203 3.400 138.822 3.748
202206 5.440 142.347 5.848
202209 8.259 144.661 8.737
202212 7.570 145.763 7.948
202303 8.520 146.865 8.878
202306 9.060 150.280 9.226
202309 11.087 151.492 11.200
202312 9.260 152.924 9.267
202403 9.390 153.035 9.390

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


Narayana Hrudayalaya  (NSE:NH) 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.

Narayana Hrudayalaya's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1182.55/11.5
=102.83

* 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 Narayana Hrudayalaya was 128.21. The lowest was 102.12. And the median was 114.23.


Be Aware

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


Narayana Hrudayalaya E10 Related Terms

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


Narayana Hrudayalaya (NSE:NH) Business Description

Traded in Other Exchanges
Address
Hosur Road, Anekal Taluk, 261/A, 2nd Floor, Bommasandra Industrial Area, Bengaluru, KA, IND, 560099
Narayana Hrudayalaya Ltd is an India-based medical and healthcare service provider. It operates a chain of multispecialty, tertiary healthcare facilities. The hospital offers medical services in the field of dermatology, haematology, neurology, orthopaedics, paediatrics, cancer care, cardiology, pulmonology, and others. It also provides surgery services such as Cardiac Surgery, Neurosurgery, Thoracic Surgery, Renal Transplant and others. Imaging and radiology services, Physiotherapy sessions, and blood banks service are some of the diagnostics and support provided by the hospital. It has business operations in India and the Rest of the world, of which maximum revenue is generated from the business operations in India.

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