GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Santander (Brasil) SA (NYSE:BSBR) » Definitions » E10

Bancontander (Brasil) (Bancontander (Brasil)) E10

: $0.67 (As of Dec. 2023)
View and export this data going back to 2009. Start your Free Trial

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.

Bancontander (Brasil)'s adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.077. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.67 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bancontander (Brasil)'s average E10 Growth Rate was -1.30% per year. During the past 3 years, the average E10 Growth Rate was 5.20% per year. During the past 5 years, the average E10 Growth Rate was 8.20% 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 Bancontander (Brasil) was 11.70% per year. The lowest was 5.20% per year. And the median was 9.55% per year.

As of today (2024-04-16), Bancontander (Brasil)'s current stock price is $5.25. Bancontander (Brasil)'s E10 for the quarter that ended in Dec. 2023 was $0.67. Bancontander (Brasil)'s Shiller PE Ratio of today is 7.84.

During the past 13 years, the highest Shiller PE Ratio of Bancontander (Brasil) was 25.21. The lowest was 7.49. And the median was 12.18.


Bancontander (Brasil) E10 Historical Data

The historical data trend for Bancontander (Brasil)'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.

Bancontander (Brasil) 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 0.55 0.51 0.58 0.64 0.67

Bancontander (Brasil) Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 0.64 0.64 0.71 0.68 0.67

Competitive Comparison

For the Banks - Regional subindustry, Bancontander (Brasil)'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.


Bancontander (Brasil) Shiller PE Ratio Distribution

For the Banks industry and Financial Services sector, Bancontander (Brasil)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bancontander (Brasil)'s Shiller PE Ratio falls into.



Bancontander (Brasil) 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, Bancontander (Brasil)'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)
=-0.077/156.2729*156.2729
=-0.077

Current CPI (Dec. 2023) = 156.2729.

Bancontander (Brasil) Quarterly Data

per share eps CPI Adj_EPS
201312 0.073 88.522 0.129
201403 0.076 90.447 0.131
201406 0.082 91.838 0.140
201409 0.065 92.602 0.110
201412 0.073 94.194 0.121
201503 0.054 97.799 0.086
201506 0.201 100.006 0.314
201509 0.055 101.392 0.085
201512 0.050 104.247 0.075
201603 0.062 106.979 0.091
201606 0.067 108.851 0.096
201609 0.088 109.986 0.125
201612 0.055 110.802 0.078
201703 0.079 111.869 0.110
201706 0.085 112.115 0.118
201709 0.094 112.777 0.130
201712 0.093 114.068 0.127
201803 0.109 114.868 0.148
201806 0.097 117.038 0.130
201809 0.099 117.881 0.131
201812 0.122 118.340 0.161
201903 0.120 120.124 0.156
201906 0.114 120.977 0.147
201909 0.121 121.292 0.156
201912 0.170 123.436 0.215
202003 0.101 124.092 0.127
202006 0.051 123.557 0.065
202009 0.090 125.095 0.112
202012 0.092 129.012 0.111
202103 0.096 131.660 0.114
202106 0.107 133.871 0.125
202109 0.098 137.913 0.111
202112 -0.104 141.992 -0.114
202203 0.102 146.537 0.109
202206 0.110 149.784 0.115
202209 0.088 147.800 0.093
202212 -0.114 150.207 -0.119
202306 0.044 154.519 0.044
202309 0.075 155.464 0.075
202312 -0.077 156.273 -0.077

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


Bancontander (Brasil)  (NYSE:BSBR) 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.

Bancontander (Brasil)'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.25/0.67
=7.84

* 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 Bancontander (Brasil) was 25.21. The lowest was 7.49. And the median was 12.18.


Be Aware

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


Bancontander (Brasil) E10 Related Terms

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


Bancontander (Brasil) (Bancontander (Brasil)) Business Description

Address
Avenida Presidente Juscelino Kubitschek, 2041, Suite 281, Block A, Condominio WTORRE JK, Vila Nova Conceicao, Sao Paulo, SP, BRA, 04543-011
Banco Santander (Brasil) SA is part of Santander Group, a Spanish bank present also in Brazil, Mexico, Argentina, and Chile. The bank's operations are divided into two major divisions: Commercial Banking provides services and products to individuals and companies. The revenue from this segment is derived from the banking and financial products and services available to the account and non-account holders. global Wholesale Banking offers a wide range of national and international tailored financial services and structured solutions for global corporate customers, comprised mostly of local and multinational corporations. The bank has operations in Brazil and internationally.

Bancontander (Brasil) (Bancontander (Brasil)) Headlines