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PT Bank Rakyat Indonesia (Persero) Tbk (PT Bank Rakyat Indonesia (Persero) Tbk) E10 : $0.90 (As of Dec. 2023)


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What is PT Bank Rakyat Indonesia (Persero) Tbk 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.

PT Bank Rakyat Indonesia (Persero) Tbk's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.344. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.90 for the trailing ten years ended in Dec. 2023.

During the past 12 months, PT Bank Rakyat Indonesia (Persero) Tbk's average E10 Growth Rate was 8.60% per year. During the past 3 years, the average E10 Growth Rate was 8.10% per year. During the past 5 years, the average E10 Growth Rate was -5.30% 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 PT Bank Rakyat Indonesia (Persero) Tbk was 8.10% per year. The lowest was -15.50% per year. And the median was -3.80% per year.

As of today (2024-04-27), PT Bank Rakyat Indonesia (Persero) Tbk's current stock price is $15.03. PT Bank Rakyat Indonesia (Persero) Tbk's E10 for the quarter that ended in Dec. 2023 was $0.90. PT Bank Rakyat Indonesia (Persero) Tbk's Shiller PE Ratio of today is 16.70.

During the past 13 years, the highest Shiller PE Ratio of PT Bank Rakyat Indonesia (Persero) Tbk was 22.70. The lowest was 7.01. And the median was 17.50.


PT Bank Rakyat Indonesia (Persero) Tbk E10 Historical Data

The historical data trend for PT Bank Rakyat Indonesia (Persero) Tbk'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.

PT Bank Rakyat Indonesia (Persero) Tbk E10 Chart

PT Bank Rakyat Indonesia (Persero) Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 0.86 0.81 0.82 0.90

PT Bank Rakyat Indonesia (Persero) Tbk 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 0.82 0.87 0.90 0.89 0.90

Competitive Comparison of PT Bank Rakyat Indonesia (Persero) Tbk's E10

For the Banks - Regional subindustry, PT Bank Rakyat Indonesia (Persero) Tbk'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.


PT Bank Rakyat Indonesia (Persero) Tbk's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PT Bank Rakyat Indonesia (Persero) Tbk's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PT Bank Rakyat Indonesia (Persero) Tbk's Shiller PE Ratio falls into.



PT Bank Rakyat Indonesia (Persero) Tbk 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, PT Bank Rakyat Indonesia (Persero) Tbk'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)
=0.344/128.8650*128.8650
=0.344

Current CPI (Dec. 2023) = 128.8650.

PT Bank Rakyat Indonesia (Persero) Tbk Quarterly Data

per share eps CPI Adj_EPS
201403 0.211 92.483 0.294
201406 0.177 93.015 0.245
201409 0.192 94.576 0.262
201412 0.182 98.819 0.237
201503 0.190 98.388 0.249
201506 0.160 99.766 0.207
201509 0.163 101.037 0.208
201512 0.188 102.133 0.237
201603 0.191 102.764 0.240
201606 0.169 103.212 0.211
201609 0.192 104.142 0.238
201612 0.200 105.222 0.245
201703 0.204 106.476 0.247
201706 0.191 107.722 0.228
201709 0.195 108.020 0.233
201712 0.233 109.017 0.275
201803 0.220 110.097 0.258
201806 0.193 111.085 0.224
201809 0.235 111.135 0.272
201812 0.251 112.430 0.288
201903 0.234 112.829 0.267
201906 0.227 114.730 0.255
201909 0.254 114.905 0.285
201912 0.281 115.486 0.314
202003 0.202 116.252 0.224
202006 0.056 116.630 0.062
202009 0.104 116.397 0.115
202012 0.131 117.318 0.144
202103 0.189 117.840 0.207
202106 0.159 118.184 0.173
202109 0.182 118.262 0.198
202112 0.294 119.516 0.317
202203 0.279 120.948 0.297
202206 0.283 123.324 0.296
202209 0.312 125.300 0.321
202212 0.251 126.099 0.257
202303 0.342 126.954 0.347
202306 0.306 127.666 0.309
202309 0.309 128.155 0.311
202312 0.344 128.865 0.344

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


PT Bank Rakyat Indonesia (Persero) Tbk  (OTCPK:BKRKY) 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.

PT Bank Rakyat Indonesia (Persero) Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.03/0.9
=16.70

* 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 PT Bank Rakyat Indonesia (Persero) Tbk was 22.70. The lowest was 7.01. And the median was 17.50.


Be Aware

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


PT Bank Rakyat Indonesia (Persero) Tbk E10 Related Terms

Thank you for viewing the detailed overview of PT Bank Rakyat Indonesia (Persero) Tbk's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Bank Rakyat Indonesia (Persero) Tbk (PT Bank Rakyat Indonesia (Persero) Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Sudirman No. 44 - 46, Gedung BRI I, 20th Floor, Jakarta, IDN, 10210
PT Bank Rakyat Indonesia (Persero) Tbk is Indonesia's oldest commercial bank, and operates primarily within the country's borders, with some exposure to North Asia. BRI focuses on providing and tailoring banking services to micro, small, and medium enterprises. Its segments are micro, retail, corporate, and others. The company emphasizes integrating financial technology into its various platforms to create ease of access for its customer base. Its core business services include collecting customer deposits, loan disbursement, issuing promissory notes and loan agreements, and collateralization of assets. Its loan products include working capital loans for corporate and commercial customers, and mortgages for consumer customers.