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Beneficial Bancorp (Beneficial Bancorp) E10 : $0.32 (As of Dec. 2018)


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What is Beneficial Bancorp 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.

Beneficial Bancorp's adjusted earnings per share data for the three months ended in Dec. 2018 was $0.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.32 for the trailing ten years ended in Dec. 2018.

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 (2024-05-05), Beneficial Bancorp's current stock price is $16.12. Beneficial Bancorp's E10 for the quarter that ended in Dec. 2018 was $0.32. Beneficial Bancorp's Shiller PE Ratio of today is 50.38.


Beneficial Bancorp E10 Historical Data

The historical data trend for Beneficial Bancorp'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.

Beneficial Bancorp E10 Chart

Beneficial Bancorp Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.25 0.15 0.18 0.21 0.32

Beneficial Bancorp Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.21 0.22 0.24 0.25 0.32

Competitive Comparison of Beneficial Bancorp's E10

For the Banks - Regional subindustry, Beneficial Bancorp'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.


Beneficial Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Beneficial Bancorp's Shiller PE Ratio falls into.



Beneficial Bancorp 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, Beneficial Bancorp's adjusted earnings per share data for the three months ended in Dec. 2018 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2018 (Change)*Current CPI (Dec. 2018)
=0.18/105.9979*105.9979
=0.180

Current CPI (Dec. 2018) = 105.9979.

Beneficial Bancorp Quarterly Data

per share eps CPI Adj_EPS
200903 0.070 89.744 0.083
200906 0.000 91.003 0.000
200909 0.070 91.120 0.081
200912 0.080 91.111 0.093
201003 0.100 91.821 0.115
201006 0.070 91.962 0.081
201009 -0.280 92.162 -0.322
201012 -0.010 92.474 -0.011
201103 -0.010 94.283 -0.011
201106 0.030 95.235 0.033
201109 0.050 95.727 0.055
201112 0.070 95.213 0.078
201203 0.050 96.783 0.055
201206 0.030 96.819 0.033
201209 0.050 97.633 0.054
201212 0.040 96.871 0.044
201303 0.040 98.209 0.043
201306 0.040 98.518 0.043
201309 0.050 98.790 0.054
201312 0.020 98.326 0.022
201403 0.030 99.695 0.032
201406 0.060 100.560 0.063
201409 0.080 100.428 0.084
201412 0.050 99.070 0.053
201503 0.070 99.621 0.074
201506 0.090 100.684 0.095
201509 0.070 100.392 0.074
201512 0.060 99.792 0.064
201603 0.070 100.470 0.074
201606 0.040 101.688 0.042
201609 0.140 101.861 0.146
201612 0.090 101.863 0.094
201703 0.110 102.862 0.113
201706 0.130 103.349 0.133
201709 0.130 104.136 0.132
201712 -0.050 104.011 -0.051
201803 0.130 105.290 0.131
201806 0.160 106.317 0.160
201809 0.170 106.507 0.169
201812 0.180 105.998 0.180

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


Beneficial Bancorp  (NAS:BNCL) 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.

Beneficial Bancorp's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=16.12/0.32
=50.38

* 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.


Be Aware

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


Beneficial Bancorp E10 Related Terms

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


Beneficial Bancorp (Beneficial Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
Beneficial Bancorp Inc offers consumer and commercial banking services to individuals, businesses and nonprofit organizations throughout the Philadelphia and Southern New Jersey area. The services provided by the company include cash management, savings, loans, packages, and lending.
Executives
Michael J Donahue director
Elizabeth H Gemmill director
Karen Dougherty Buchholz director 510 WALNUT STREET, 19TH FLOOR, PHILADELPHIA PA 19106
Gerard P Cuddy director, officer: President & CEO 510 WALNUT STREET, PHILADELPHIA PA 19106
Frank Farnesi director 6 WOODFORD LANE, MALVERN PA 19355
Edward G Boehne director 313 DEVON STATE ST, DEVON PA 19333
Donald Gayhardt director DOLLAR FINANCIAL CORP., 1436 LANCASTER AVE., BERWYN PA 19312