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Merchants & Marine Bancorp (Merchants & Marine Bancorp) E10 : $3.25 (As of Mar. 2024)


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What is Merchants & Marine 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.

Merchants & Marine Bancorp's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.516. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.25 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Merchants & Marine Bancorp's average E10 Growth Rate was -7.20% 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 (2024-05-22), Merchants & Marine Bancorp's current stock price is $44.50. Merchants & Marine Bancorp's E10 for the quarter that ended in Mar. 2024 was $3.25. Merchants & Marine Bancorp's Shiller PE Ratio of today is 13.69.

During the past 13 years, the highest Shiller PE Ratio of Merchants & Marine Bancorp was 14.69. The lowest was 9.81. And the median was 11.30.


Merchants & Marine Bancorp E10 Historical Data

The historical data trend for Merchants & Marine 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.

Merchants & Marine Bancorp E10 Chart

Merchants & Marine Bancorp Annual Data
Trend Dec10 Dec11 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.58 3.40 3.45 -

Merchants & Marine Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 3.45 3.51 3.45 - 3.25

Competitive Comparison of Merchants & Marine Bancorp's E10

For the Banks - Regional subindustry, Merchants & Marine 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.


Merchants & Marine Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

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



Merchants & Marine 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, Merchants & Marine Bancorp'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)
=0.516/131.7762*131.7762
=0.516

Current CPI (Mar. 2024) = 131.7762.

Merchants & Marine Bancorp Quarterly Data

per share eps CPI Adj_EPS
201103 0.840 94.283 1.174
201106 0.730 95.235 1.010
201109 0.910 95.727 1.253
201112 0.619 95.213 0.857
201203 0.810 96.783 1.103
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 0.000 101.863 0.000
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 0.000 104.011 0.000
201803 0.000 105.290 0.000
201806 0.680 106.317 0.843
201809 1.726 106.507 2.136
201812 0.000 105.998 0.000
201903 0.271 107.251 0.333
201906 0.271 108.070 0.330
201909 0.881 108.329 1.072
201912 0.970 108.420 1.179
202003 0.633 108.902 0.766
202006 1.995 108.767 2.417
202009 0.233 109.815 0.280
202012 0.158 109.897 0.189
202103 0.430 111.754 0.507
202106 0.651 114.631 0.748
202109 0.484 115.734 0.551
202112 0.077 117.630 0.086
202203 0.119 121.301 0.129
202206 0.180 125.017 0.190
202209 1.057 125.227 1.112
202212 0.880 125.222 0.926
202303 0.873 127.348 0.903
202306 0.530 128.729 0.543
202312 0.000 129.419 0.000
202403 0.516 131.776 0.516

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


Merchants & Marine Bancorp  (OTCPK:MNMB) 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.

Merchants & Marine Bancorp's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=44.50/3.25
=13.69

* 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 Merchants & Marine Bancorp was 14.69. The lowest was 9.81. And the median was 11.30.


Be Aware

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


Merchants & Marine Bancorp E10 Related Terms

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


Merchants & Marine Bancorp (Merchants & Marine Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
3118 Pascagoula Street, Pascagoula, MS, USA, 39567
Merchants & Marine Bancorp Inc provides full-service financial banking services to individuals, partnerships, corporations, and governmental agencies. Its deposit products include checking accounts, savings accounts, individual retirement accounts, and certificates of deposit. The bank generates commercial, mortgage, and consumer loans and receives deposits from customers located in Jackson and George Counties in Mississippi and Baldwin County in Alabama.
Executives
Elise Bourgeois officer: Sr VP 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Martin Regan officer: Senior VP 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
John F Grafe director 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
James M Wheat officer: Senior Vice President 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Moore Paul H Sr other: Honorary Director 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Hammond Frank J Iii director 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
St Pe Gerald J director 270 PEACHTREE ST NW BIN 910, ATLANTA GA 30303
O Linwood Grierson officer: Senior Vice President - Securi 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Gregory Todd Trenchard officer: Senior Vice President 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Royce Cumbest director, officer: President, Ch of Bd & CEO 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Jerry L Lee other: Honorary Director 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Lynda J Gautier director 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Fox Clarence Henry Jr. officer: Senior Vice President 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Herman E Smith officer: Senior Vice President 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Scott B Lemon other: Advisor 3118 PASCAGOULA STREET, PASCAGOULA MS 39567

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