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Central Pacific Financial (Central Pacific Financial) E10 : $2.16 (As of Mar. 2024)


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What is Central Pacific 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.

Central Pacific Financial's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.480. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Central Pacific Financial's average E10 Growth Rate was 4.90% per year. During the past 3 years, the average E10 Growth Rate was -0.50% 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 Central Pacific Financial was 28.10% per year. The lowest was -132.60% per year. And the median was 13.10% per year.

As of today (2024-05-06), Central Pacific Financial's current stock price is $21.09. Central Pacific Financial's E10 for the quarter that ended in Mar. 2024 was $2.16. Central Pacific Financial's Shiller PE Ratio of today is 9.76.

During the past 13 years, the highest Shiller PE Ratio of Central Pacific Financial was 15.29. The lowest was 6.58. And the median was 9.53.


Central Pacific Financial E10 Historical Data

The historical data trend for Central Pacific 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.

Central Pacific Financial E10 Chart

Central Pacific Financial 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 -14.70 2.17 2.12 2.38 2.14

Central Pacific Financial 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 2.06 2.09 2.13 2.14 2.16

Competitive Comparison of Central Pacific Financial's E10

For the Banks - Regional subindustry, Central Pacific 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.


Central Pacific Financial's Shiller PE Ratio Distribution in the Banks Industry

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

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



Central Pacific 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, Central Pacific Financial'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)
=0.48/129.4194*129.4194
=0.480

Current CPI (Mar. 2024) = 129.4194.

Central Pacific Financial Quarterly Data

per share eps CPI Adj_EPS
201406 0.250 100.560 0.322
201409 0.230 100.428 0.296
201412 0.370 99.070 0.483
201503 0.290 99.621 0.377
201506 0.390 100.684 0.501
201509 0.380 100.392 0.490
201512 0.340 99.792 0.441
201603 0.350 100.470 0.451
201606 0.390 101.688 0.496
201609 0.370 101.861 0.470
201612 0.390 101.863 0.496
201703 0.420 102.862 0.528
201706 0.390 103.349 0.488
201709 0.390 104.136 0.485
201712 0.140 104.011 0.174
201803 0.480 105.290 0.590
201806 0.480 106.317 0.584
201809 0.520 106.507 0.632
201812 0.540 105.998 0.659
201903 0.550 107.251 0.664
201906 0.470 108.070 0.563
201909 0.510 108.329 0.609
201912 0.500 108.420 0.597
202003 0.290 108.902 0.345
202006 0.350 108.767 0.416
202009 0.240 109.815 0.283
202012 0.430 109.897 0.506
202103 0.640 111.754 0.741
202106 0.660 114.631 0.745
202109 0.740 115.734 0.828
202112 0.800 117.630 0.880
202203 0.700 121.301 0.747
202206 0.640 125.017 0.663
202209 0.610 125.227 0.630
202212 0.740 125.222 0.765
202303 0.600 127.348 0.610
202306 0.530 128.729 0.533
202309 0.490 129.860 0.488
202312 0.550 129.419 0.550
202403 0.480 129.419 0.480

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


Central Pacific Financial  (NYSE:CPF) 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.

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

Shiller PE Ratio=Share Price/E10
=21.09/2.16
=9.76

* 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 Central Pacific Financial was 15.29. The lowest was 6.58. And the median was 9.53.


Be Aware

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


Central Pacific Financial E10 Related Terms

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


Central Pacific Financial (Central Pacific Financial) Business Description

Traded in Other Exchanges
N/A
Address
220 South King Street, Honolulu, HI, USA, 96813
Central Pacific Financial Corp operates in the financial services sector in the United States. It is a full-service commercial bank offering a broad range of banking products and services, including accepting time and demand deposits and originating loans. Bank's deposits are insured by the Federal Deposit Insurance Corporation (FDIC) up to applicable limits. The bank is not a member of the Federal Reserve System. The company's loans include commercial loans, construction loans, commercial and residential mortgage loans and consumer loans. The company derives income from interest and fees on loans, interest on investment securities and fees received in connection with deposits and other services.
Executives
Agnes Catherine Ngo officer: EVP and CAO 220 S KING STREET, HONOLULU HI 96817
Camp Friedman Christine H H director 220 SOUTH KING STREET, HONOLULU HI 96813
Arnold D Martines officer: Senior Vice President 220 SOUTH KING ST, HONOLULU HI 96813
Paul K Yonamine director C/O HOKU SCIENTIFIC, INC., 2153 NORTH KING STREET, SUITE 300, HONOLULU HI 96819
Earl E Fry director C/O INFORMATICA CORPORATION, 2100 SEAPORT BLVD., REDWOOD CITY CA 94063
Kisan Jo officer: EVP 220 SOUTH KING ST, 870, HONOLULU HI 96813
Diane Murakami officer: EVP 220 SOUTH KING ST, 870, HONOLULU HI 96813
Jason Fujimoto director 220 SOUTH KING ST, 870, HONOLULU HI 96813
Paul Kosasa director ABC STORE, 766 POHNKAINA ST, HONOLULU HI 96813
Jonathan B Kindred director 220 SOUTH KING STREET, HONOLULU HI 96813
Saedene K Ota director 220 SOUTH KING ST, #870, HONOLULU HI 96813
Wayne K Kamitaki director 220 SOUTH KING ST, #870, HONOLULU HI 96813
Crystal Rose director 47-460 WAIHEE PLACE, KANEOHE HI 96744
Kevin Vincent Dahlstrom officer: EVP, CHIEF MARKETING OFFICER 220 S KING STREET, #870, HONOLULU HI 96813
John C Dean other: Acting Exec Chairman of Board 220 S. KING STREET, HONOLULU HI 96813