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Broadway Financial (Broadway Financial) E10 : $0.65 (As of Jun. 2023)


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What is Broadway Financial 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.

Broadway Financial's adjusted earnings per share data for the three months ended in Jun. 2023 was $0.027. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.65 for the trailing ten years ended in Jun. 2023.

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 Broadway Financial was 63.00% per year. The lowest was -21.90% per year. And the median was -11.05% per year.

As of today (2024-05-15), Broadway Financial's current stock price is $4.60. Broadway Financial's E10 for the quarter that ended in Jun. 2023 was $0.65. Broadway Financial's Shiller PE Ratio of today is 7.08.

During the past 13 years, the highest Shiller PE Ratio of Broadway Financial was 25.45. The lowest was 7.08. And the median was 11.05.


Broadway Financial E10 Historical Data

The historical data trend for Broadway Financial'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.

Broadway Financial E10 Chart

Broadway Financial Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.66 - -8.76 -0.59 -0.21

Broadway Financial Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -1.37 -0.85 -0.21 0.33 0.65

Competitive Comparison of Broadway Financial's E10

For the Banks - Regional subindustry, Broadway Financial'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.


Broadway Financial's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Broadway Financial's Shiller PE Ratio falls into.



Broadway Financial 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, Broadway Financial's adjusted earnings per share data for the three months ended in Jun. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.027/128.7287*128.7287
=0.027

Current CPI (Jun. 2023) = 128.7287.

Broadway Financial Quarterly Data

per share eps CPI Adj_EPS
201309 0.400 98.790 0.521
201312 -0.016 98.326 -0.021
201403 0.400 99.695 0.516
201406 0.023 100.560 0.029
201409 0.320 100.428 0.410
201412 0.160 99.070 0.208
201503 0.320 99.621 0.413
201506 0.320 100.684 0.409
201509 0.240 100.392 0.308
201512 1.520 99.792 1.961
201603 0.160 100.470 0.205
201606 0.080 101.688 0.101
201609 0.080 101.861 0.101
201612 0.640 101.863 0.809
201703 0.400 102.862 0.501
201706 0.160 103.349 0.199
201709 0.160 104.136 0.198
201712 -0.160 104.011 -0.198
201803 -0.025 105.290 -0.031
201806 -0.038 106.317 -0.046
201809 0.240 106.507 0.290
201812 0.080 105.998 0.097
201903 0.080 107.251 0.096
201906 -0.080 108.070 -0.095
201909 -0.080 108.329 -0.095
201912 0.000 108.420 0.000
202003 -0.010 108.902 -0.012
202006 0.080 108.767 0.095
202009 -0.080 109.815 -0.094
202012 -0.142 109.897 -0.166
202103 -1.040 111.754 -1.198
202106 0.080 114.631 0.090
202109 0.020 115.734 0.022
202112 -0.160 117.630 -0.175
202203 0.080 121.301 0.085
202206 0.240 125.017 0.247
202209 0.160 125.227 0.164
202212 0.160 125.222 0.164
202303 0.160 127.348 0.162
202306 0.027 128.729 0.027

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


Broadway Financial  (NAS:BYFC) 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.

Broadway Financial's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.60/0.65
=7.08

* 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 Broadway Financial was 25.45. The lowest was 7.08. And the median was 11.05.


Be Aware

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


Broadway Financial E10 Related Terms

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


Broadway Financial (Broadway Financial) Business Description

Traded in Other Exchanges
N/A
Address
4601 Wilshire Boulevard, Suite 150, Los Angeles, CA, USA, 90010
Broadway Financial Corp is active in the financial services domain. It is a savings and loan holding company in the United States. The Bank's business consists of deposits from the general public and using such deposits, together with borrowings and other funds, to make mortgage loans secured by residential properties and commercial real estate. Its deposits consist of passbook savings accounts, checking accounts, and negotiable order of withdrawal accounts, money market accounts and fixed-term certificates of deposit.
Executives
Lashanya Demetrice Washington officer: EVP, Chief Credit Officer 10616 CHERYL TURN, WALDORF MD 20603
Brian E Argrett director, officer: President/CEO 12555 W. JEFFERSON BLVD., LOS ANGELES CA 90066
Thomas Andrew Nida officer: EVP, Market Executive 6445 LUZON AVENUE, N.Q., #517, WASHINGTON DC 20012
Brenda J Battey officer: EVP/Chief Financial Officer 4800 WILSHIRE BOULEVARD, LOS ANGELES CA 90036
Ruth Mccloud officer: EVP/COO 5055 WILSHIRE BOULEVARD, SUITE 500, LOS ANGELES CA 90036
Sonja Sanders Wells officer: EVP/E. Commercial Reg. Exec 540 N STREET SW, UNIT-S-103, WASHINGTON DC 20024
John Frederick Tellenbach officer: EVP, West Comm. Reg. Exec. 26838 INDIAN PEAK RD., RANCHO PALOS VERDES CA 90275
William A Longbrake director C/O WASHINGTON MUTUAL INC, 1201 THIRD AVE , WMT 1503, SEATTLE WA 98111
John Driver director 13983 ARBOLITOS DRIVE, POWAY CA 92064
City First Enterprises Inc. 10 percent owner 1 THOMAS CIRCLE NW, STE 700, WASHINGTON DC 20005
Mary Ann Donovan director 513 7TH STREET NE, WASHINGTON DC 20002
David J. Mcgrady director 1132 23RD AVENUE E., SEATTLE WA 98112
Shannan Alicia Herbert officer: EVP/Chief Credit Officer 10104 RUNNING BROOK LANE, UPPER MARLBORO MD 20772
Marie C Johns director WLR FOODS INC, P O BOX 7000, BROADWAY VA 22815
Jack T Thompson director 100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753