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Bank Bradesco (Bank Bradesco) E10

: $0.85 (As of Dec. 2023)
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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.

Bank Bradesco's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.027. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.85 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bank Bradesco's average E10 Growth Rate was 5.10% per year. During the past 3 years, the average E10 Growth Rate was -78.10% per year. During the past 5 years, the average E10 Growth Rate was -64.10% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Bank Bradesco was 6.30% per year. The lowest was -78.10% per year. And the median was 3.70% per year.

As of today (2024-04-18), Bank Bradesco's current stock price is $2.63. Bank Bradesco's E10 for the quarter that ended in Dec. 2023 was $0.85. Bank Bradesco's Shiller PE Ratio of today is 3.09.

During the past 13 years, the highest Shiller PE Ratio of Bank Bradesco was 4.98. The lowest was 0.04. And the median was 3.47.


Bank Bradesco E10 Historical Data

The historical data trend for Bank Bradesco'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.

Bank Bradesco Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 88.38 76.45 81.81 0.75 0.85

Bank Bradesco Quarterly Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
E10 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 Premium Member Only Premium Member Only Premium Member Only 0.75 0.80 0.87 0.83 0.85

Competitive Comparison

For the Banks - Regional subindustry, Bank Bradesco'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.


Bank Bradesco Shiller PE Ratio Distribution

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

* The bar in red indicates where Bank Bradesco's Shiller PE Ratio falls into.



Bank Bradesco 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, Bank Bradesco'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)
=0.027/156.2729*156.2729
=0.027

Current CPI (Dec. 2023) = 156.2729.

Bank Bradesco Quarterly Data

per share eps CPI Adj_EPS
200412 0.058 55.658 0.163
200503 0.045 56.654 0.124
200506 0.058 57.416 0.158
200509 0.063 57.859 0.170
200512 0.086 58.824 0.228
200603 0.072 59.670 0.189
200606 0.072 59.729 0.188
200609 0.010 59.998 0.026
200612 0.129 60.672 0.332
200703 0.080 61.434 0.204
200706 0.117 61.933 0.295
200709 0.095 62.486 0.238
200712 0.123 63.377 0.303
200803 0.107 64.339 0.260
200806 0.118 65.686 0.281
200812 0.268 67.118 0.624
200912 0.476 70.012 1.062
201012 0.530 74.149 1.117
201112 0.531 78.971 1.051
201212 0.483 83.581 0.903
201312 0.469 88.522 0.828
201412 0.258 94.194 0.428
201512 0.417 104.247 0.625
201612 0.476 110.802 0.671
201712 0.463 114.068 0.634
201812 0.381 118.340 0.503
201912 0.456 123.436 0.577
202012 0.274 129.012 0.332
202103 0.098 131.660 0.116
202106 0.089 133.871 0.104
202109 0.100 137.913 0.113
202112 0.095 141.992 0.105
202203 0.145 146.537 0.155
202206 0.129 149.784 0.135
202209 0.092 147.800 0.097
202212 0.006 150.207 0.006
202303 0.092 153.352 0.094
202306 0.074 154.519 0.075
202309 0.061 155.464 0.061
202312 0.027 156.273 0.027

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


Bank Bradesco  (NYSE:BBD) 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.

Bank Bradesco's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.63/0.85
=3.09

* 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 Bank Bradesco was 4.98. The lowest was 0.04. And the median was 3.47.


Be Aware

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


Bank Bradesco E10 Related Terms

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


Bank Bradesco (Bank Bradesco) Business Description

Address
Cidade de Deus S/N, Vila Yara, Osasco, SP, BRA, 06029?900
Banco Bradesco is Brazil's second-largest private bank, with about 15% of deposits, and the largest insurance provider in Brazil, with roughly 20%-25% market share. The bank is majority controlled by the Bradesco foundation—a private nonprofit institution focused on education. Banking provides roughly 70% of profits, while the insurance segment contributes the remaining 30%. The bank is also a major asset manager with high-single-digit market share. In 2016, Bradesco acquired the Brazilian operations of HSBC.

Bank Bradesco (Bank Bradesco) Headlines

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