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Cheviot Financial (Cheviot Financial) E10 : $0.26 (As of Mar. 2016)


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What is Cheviot 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.

Cheviot Financial's adjusted earnings per share data for the three months ended in Mar. 2016 was $0.001. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.26 for the trailing ten years ended in Mar. 2016.

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), Cheviot Financial's current stock price is $15.01. Cheviot Financial's E10 for the quarter that ended in Mar. 2016 was $0.26. Cheviot Financial's Shiller PE Ratio of today is 57.73.


Cheviot Financial E10 Historical Data

The historical data trend for Cheviot 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.

Cheviot Financial E10 Chart

Cheviot Financial Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.24 0.27 0.27

Cheviot Financial Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 - 0.28 0.28 0.27 0.26

Competitive Comparison of Cheviot Financial's E10

For the Banks - Regional subindustry, Cheviot 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.


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

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

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



Cheviot 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, Cheviot Financial's adjusted earnings per share data for the three months ended in Mar. 2016 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2016 (Change)*Current CPI (Mar. 2016)
=0.001/100.4704*100.4704
=0.001

Current CPI (Mar. 2016) = 100.4704.

Cheviot Financial Quarterly Data

per share eps CPI Adj_EPS
200606 0.040 85.606 0.047
200609 0.050 85.606 0.059
200612 0.040 85.142 0.047
200703 0.020 86.640 0.023
200706 0.030 87.906 0.034
200709 0.030 87.964 0.034
200712 0.020 88.616 0.023
200803 0.010 90.090 0.011
200806 0.050 92.320 0.054
200809 0.050 92.307 0.054
200812 0.049 88.697 0.056
200903 0.030 89.744 0.034
200906 0.030 91.003 0.033
200909 0.030 91.120 0.033
200912 0.039 91.111 0.043
201003 0.060 91.821 0.066
201006 0.060 91.962 0.066
201009 0.080 92.162 0.087
201012 0.025 92.474 0.027
201103 0.060 94.283 0.064
201106 0.100 95.235 0.105
201109 0.110 95.727 0.115
201112 0.107 95.213 0.113
201203 0.120 96.783 0.125
201206 0.160 96.819 0.166
201209 0.070 97.633 0.072
201212 0.104 96.871 0.108
201303 0.110 98.209 0.113
201306 0.040 98.518 0.041
201309 0.000 98.790 0.000
201312 0.054 98.326 0.055
201403 0.120 99.695 0.121
201406 0.080 100.560 0.080
201409 0.140 100.428 0.140
201412 0.128 99.070 0.130
201503 0.000 99.621 0.000
201506 0.080 100.684 0.080
201509 0.050 100.392 0.050
201512 0.006 99.792 0.006
201603 0.001 100.470 0.001

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


Cheviot Financial  (NAS:CHEV) 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.

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

Shiller PE Ratio=Share Price/E10
=15.01/0.26
=57.73

* 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.


Cheviot Financial E10 Related Terms

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


Cheviot Financial (Cheviot Financial) Business Description

Traded in Other Exchanges
N/A
Address
Cheviot Financial Corp is incorporated in Maryland. It is a financial holding Company for Cheviot Savings Bank, which is a stock savings and loan association in Ohio. The business of Cheviot Financial Corp., consists of holding all of the outstanding common stock of Cheviot Savings Bank. The bank originates one- to four-family real estate loans, in addition to construction, multi-family, commercial real estate, and consumer loans. It also invests in United States Government Agency and mortgage-backed securities, among others. The Company conducts its operations from executive office in Cheviot, Ohio and 11 full-service branches, all of which are located in Hamilton County, Ohio. Hamilton County, Ohio represents its primary geographic market area for loans and deposits with its remaining business operations conducted in the larger Cincinnati metropolitan area which includes Warren, Butler and Clermont Counties. It also conducts a moderate level of business in the southeastern Indiana region, mainly in Dearborn, Ripley, Franklin and Ohio Counties. The Company also originates loans in the northern Kentucky region secured by properties in Campbell, Kenton and Boone Counties. It faces significant competition within its market both in making loans and attracting deposits. The Company is subject to regulation and supervision by the Federal Reserve Board, which replaced the Office of Thrift Supervision in that capacity due to the Dodd-Frank Act regulatory restructuring.
Executives
Mark T. Reitzes director, officer: President and CEO 3723 GLENMORE AVENUE, CHEVIOT OH 45211
Patricia L. Walter officer: SVP Finance 6415 BRIDGETOWN ROAD, CHEVIOT OH 45248

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