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Flagstar Bancorp (Flagstar Bancorp) E10 : $4.57 (As of Sep. 2022)


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What is Flagstar Bancorp 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.

Flagstar Bancorp's adjusted earnings per share data for the three months ended in Sep. 2022 was $1.350. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.57 for the trailing ten years ended in Sep. 2022.

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 (2024-04-26), Flagstar Bancorp's current stock price is $37.54. Flagstar Bancorp's E10 for the quarter that ended in Sep. 2022 was $4.57. Flagstar Bancorp's Shiller PE Ratio of today is 8.21.

During the past 13 years, the highest Shiller PE Ratio of Flagstar Bancorp was 84.28. The lowest was 0.09. And the median was 8.66.


Flagstar Bancorp E10 Historical Data

The historical data trend for Flagstar Bancorp'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.

Flagstar Bancorp E10 Chart

Flagstar Bancorp Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -64.39 -20.91 -0.93 2.62 4.28

Flagstar Bancorp Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 3.88 4.28 4.54 4.60 4.57

Competitive Comparison of Flagstar Bancorp's E10

For the Banks - Regional subindustry, Flagstar Bancorp'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.


Flagstar Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Flagstar Bancorp's Shiller PE Ratio falls into.



Flagstar Bancorp 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, Flagstar Bancorp's adjusted earnings per share data for the three months ended in Sep. 2022 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=1.35/125.2265*125.2265
=1.350

Current CPI (Sep. 2022) = 125.2265.

Flagstar Bancorp Quarterly Data

per share eps CPI Adj_EPS
201212 1.120 96.871 1.448
201303 0.330 98.209 0.421
201306 1.100 98.518 1.398
201309 0.160 98.790 0.203
201312 2.770 98.326 3.528
201403 -1.510 99.695 -1.897
201406 0.330 100.560 0.411
201409 -0.610 100.428 -0.761
201412 0.070 99.070 0.088
201503 0.430 99.621 0.541
201506 0.680 100.684 0.846
201509 0.690 100.392 0.861
201512 0.440 99.792 0.552
201603 0.540 100.470 0.673
201606 0.660 101.688 0.813
201609 0.960 101.861 1.180
201612 0.490 101.863 0.602
201703 0.460 102.862 0.560
201706 0.710 103.349 0.860
201709 0.700 104.136 0.842
201712 -0.790 104.011 -0.951
201803 0.600 105.290 0.714
201806 0.850 106.317 1.001
201809 0.830 106.507 0.976
201812 0.930 105.998 1.099
201903 0.630 107.251 0.736
201906 1.060 108.070 1.228
201909 1.110 108.329 1.283
201912 1.000 108.420 1.155
202003 0.800 108.902 0.920
202006 2.030 108.767 2.337
202009 3.880 109.815 4.425
202012 2.830 109.897 3.225
202103 2.800 111.754 3.138
202106 2.740 114.631 2.993
202109 2.830 115.734 3.062
202112 1.600 117.630 1.703
202203 0.990 121.301 1.022
202206 1.120 125.017 1.122
202209 1.350 125.227 1.350

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


Flagstar Bancorp  (NYSE:FBC) 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.

Flagstar Bancorp's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=37.54/4.57
=8.21

* 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 Flagstar Bancorp was 84.28. The lowest was 0.09. And the median was 8.66.


Be Aware

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


Flagstar Bancorp E10 Related Terms

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


Flagstar Bancorp (Flagstar Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
5151 Corporate Drive, Troy, MI, USA, 48098-2639
Flagstar Bancorp Inc is a thrift that originates, services, and sells loans across the United States. The bank has around $14.2 billion in assets and $7.8 billion in deposits. First mortgage, second mortgage, and commercial real estate loans collectively compose 88% of the bank's investment portfolio.
Executives
Karen Buck officer: EVP and Director of Operations 5151 CORPORATE DRIVE, TROY MI 48098
Toan Huynh director 5151 CORPORATE DRIVE, TROY MI 48098
Lori Jordan director 5151 CORPORATE DRIVE, TROY MI 48098
David J Matlin director
Peter Schoels director GLOBAL AERO LOGISTICS INC., 101 WORLD DRIVE, PEACHTREE CITY GA 30269
Mp Thrift Investments L.p. 10 percent owner MATLINPATTERSON GLOBAL ADVISERS LLC, 520 MADISON AVENUE, 35TH FLOOR, NEW YORK NY 10022
Reginald E Davis officer: EVP and President of Banking 5151 CORPORATE DRIVE, TROY MI 48098
Kristy Fercho officer: EVP and President of Mortgage 5151 CORPORATE DRIVE, TROY MI 48098
Andrew W Ottaway officer: Michigan Market President 5151 CORPORATE DRIVE, TROY MI 48098
Jennifer R Whip director 621 PUGH ROAD, WAYNE PA 19087
Patrick M Mcguirk officer: EVP and Gen Counsel 5151 CORPORATE DRIVE, TROY MI 48098
Leonard Ii Israel officer: Exec VP 5151 CORPORATE DRIVE, TROY MI 48098
Andrew Fornarola officer: EVP and Director Com Bnking FLAGSTAR BANCORP INC, 5151 CORPORATE DRIVE, TROY MI 48098
Bruce E Nyberg director FLAGSTAR BANCORP INC, 5151 CORPORATE DRIVE, TROY MI 48098
Bryan Marx officer: SVP Chief Accting Officer(PAO) 5151 CORPORATE DRIVE, TROY MI 48098