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Faisal Islamic Bank of Egypt (CAI:FAIT) E10 : E£4.30 (As of Dec. 2023)


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What is Faisal Islamic Bank of Egypt 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.

Faisal Islamic Bank of Egypt's adjusted earnings per share data for the three months ended in Dec. 2023 was E£0.341. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is E£4.30 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Faisal Islamic Bank of Egypt's average E10 Growth Rate was 16.20% 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.

As of today (2024-05-24), Faisal Islamic Bank of Egypt's current stock price is E£30.85. Faisal Islamic Bank of Egypt's E10 for the quarter that ended in Dec. 2023 was E£4.30. Faisal Islamic Bank of Egypt's Shiller PE Ratio of today is 7.17.

During the past 13 years, the highest Shiller PE Ratio of Faisal Islamic Bank of Egypt was 8.97. The lowest was 3.50. And the median was 6.70.


Faisal Islamic Bank of Egypt E10 Historical Data

The historical data trend for Faisal Islamic Bank of Egypt'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.

Faisal Islamic Bank of Egypt E10 Chart

Faisal Islamic Bank of Egypt 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 - - - 3.70 4.30

Faisal Islamic Bank of Egypt 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 3.70 4.02 4.15 4.30 4.30

Competitive Comparison of Faisal Islamic Bank of Egypt's E10

For the Banks - Regional subindustry, Faisal Islamic Bank of Egypt'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.


Faisal Islamic Bank of Egypt's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Faisal Islamic Bank of Egypt's Shiller PE Ratio falls into.



Faisal Islamic Bank of Egypt 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, Faisal Islamic Bank of Egypt'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)
=0.341/129.4194*129.4194
=0.341

Current CPI (Dec. 2023) = 129.4194.

Faisal Islamic Bank of Egypt Quarterly Data

per share eps CPI Adj_EPS
201403 0.263 99.695 0.341
201406 0.274 100.560 0.353
201409 0.251 100.428 0.323
201412 0.094 99.070 0.123
201503 0.301 99.621 0.391
201506 0.291 100.684 0.374
201509 0.407 100.392 0.525
201512 0.143 99.792 0.185
201603 0.423 100.470 0.545
201606 0.222 101.688 0.283
201609 0.824 101.861 1.047
201612 3.145 101.863 3.996
201703 0.689 102.862 0.867
201706 0.451 103.349 0.565
201709 0.599 104.136 0.744
201712 0.893 104.011 1.111
201803 1.197 105.290 1.471
201806 0.898 106.317 1.093
201809 0.977 106.507 1.187
201812 0.804 105.998 0.982
201903 1.980 107.251 2.389
201906 0.522 108.070 0.625
201909 1.201 108.329 1.435
201912 0.923 108.420 1.102
202003 0.688 108.902 0.818
202006 0.531 108.767 0.632
202009 1.000 109.815 1.179
202012 0.939 109.897 1.106
202103 0.536 111.754 0.621
202106 0.854 114.631 0.964
202109 1.116 115.734 1.248
202112 1.183 117.630 1.302
202203 1.701 121.301 1.815
202206 1.204 125.017 1.246
202209 0.868 125.227 0.897
202212 3.051 125.222 3.153
202303 2.931 127.348 2.979
202306 1.228 128.729 1.235
202309 1.388 129.860 1.383
202312 0.341 129.419 0.341

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


Faisal Islamic Bank of Egypt  (CAI:FAIT) 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.

Faisal Islamic Bank of Egypt's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=30.85/4.3
=7.17

* 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 Faisal Islamic Bank of Egypt was 8.97. The lowest was 3.50. And the median was 6.70.


Be Aware

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


Faisal Islamic Bank of Egypt E10 Related Terms

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


Faisal Islamic Bank of Egypt (CAI:FAIT) Business Description

Traded in Other Exchanges
Address
3, 26 July Street, P.O. Box: 2446, Cairo, EGY, 11511
Faisal Islamic Bank of Egypt is an Egyptian Islamic and commercial bank. It provides general banking services like deposits, loans, letters of credit and guarantee, securities services, saving pools, and finance and investment.

Faisal Islamic Bank of Egypt (CAI:FAIT) Headlines

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