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The Chiba Bank (The Chiba Bank) E10 : $0.42 (As of Mar. 2024)


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What is The Chiba Bank 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.

The Chiba Bank's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.088. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, The Chiba Bank's average E10 Growth Rate was 5.80% per year. During the past 3 years, the average E10 Growth Rate was 6.10% per year. During the past 5 years, the average E10 Growth Rate was 5.00% 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 The Chiba Bank was 6.10% per year. The lowest was -7.60% per year. And the median was 3.20% per year.

As of today (2024-06-09), The Chiba Bank's current stock price is $8.8462. The Chiba Bank's E10 for the quarter that ended in Mar. 2024 was $0.42. The Chiba Bank's Shiller PE Ratio of today is 21.06.

During the past 13 years, the highest Shiller PE Ratio of The Chiba Bank was 19.91. The lowest was 6.11. And the median was 10.83.


The Chiba Bank E10 Historical Data

The historical data trend for The Chiba Bank'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.

The Chiba Bank E10 Chart

The Chiba Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.43 0.57 0.45 0.42

The Chiba Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.45 0.50 0.48 0.50 0.42

Competitive Comparison of The Chiba Bank's E10

For the Banks - Regional subindustry, The Chiba Bank'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.


The Chiba Bank's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where The Chiba Bank's Shiller PE Ratio falls into.



The Chiba Bank 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, The Chiba Bank's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.088/107.2000*107.2000
=0.088

Current CPI (Mar. 2024) = 107.2000.

The Chiba Bank Quarterly Data

per share eps CPI Adj_EPS
201406 0.266 98.000 0.291
201409 0.133 98.500 0.145
201412 0.135 97.900 0.148
201503 0.087 97.900 0.095
201506 0.172 98.400 0.187
201509 0.150 98.500 0.163
201512 0.131 98.100 0.143
201603 0.104 97.900 0.114
201606 0.215 98.100 0.235
201609 0.142 98.000 0.155
201612 0.148 98.400 0.161
201703 0.098 98.100 0.107
201706 0.192 98.500 0.209
201709 0.165 98.800 0.179
201712 0.168 99.400 0.181
201803 0.088 99.200 0.095
201806 0.173 99.200 0.187
201809 0.166 99.900 0.178
201812 0.140 99.700 0.151
201903 0.106 99.700 0.114
201906 0.173 99.800 0.186
201909 0.167 100.100 0.179
201912 0.162 100.500 0.173
202003 0.088 100.300 0.094
202006 0.162 99.900 0.174
202009 0.179 99.900 0.192
202012 0.174 99.300 0.188
202103 0.113 99.900 0.121
202106 0.187 99.500 0.201
202109 0.202 100.100 0.216
202112 0.160 100.100 0.171
202203 0.105 101.100 0.111
202206 0.171 101.800 0.180
202209 0.175 103.100 0.182
202212 0.136 104.100 0.140
202303 0.121 104.400 0.124
202306 0.180 105.200 0.183
202309 0.153 106.200 0.154
202312 0.148 106.800 0.149
202403 0.088 107.200 0.088

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


The Chiba Bank  (OTCPK:CHBAF) 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.

The Chiba Bank's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.8462/0.42
=21.06

* 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 The Chiba Bank was 19.91. The lowest was 6.11. And the median was 10.83.


Be Aware

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


The Chiba Bank E10 Related Terms

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


The Chiba Bank (The Chiba Bank) Business Description

Traded in Other Exchanges
Address
1-2 Chiba-Minato, Chuo-ku, Chiba-shi, Chiba, JPN, 260-8720
The Chiba Bank Ltd provides banking products and services in Japan. The bank accommodates the financial needs of individual customers in addition to regional small, medium size companies. The company generates revenue by offering corporate banking, retail banking, asset management consulting, and trust and inheritance-related business. Additionally, it investigates and researches advanced financial technologies to plan and develop the future of financial services. They have focused on using databases and online/mobile banking to strengthen their marketing. The bank primarily operates in Chiba Prefecture; however, it also has branches in New York, Hong Kong, and London and representative offices in Shanghai, Singapore, and Bangkok.

The Chiba Bank (The Chiba Bank) Headlines

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