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National Bank of Greece (National Bank of Greece) E10 : $-13.00 (As of Mar. 2024)


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What is National Bank of Greece 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.

National Bank of Greece's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.424. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-13.00 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 84.10% 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 National Bank of Greece was 84.10% per year. The lowest was -44.60% per year. And the median was -11.00% per year.

As of today (2024-05-20), National Bank of Greece's current stock price is $8.00. National Bank of Greece's E10 for the quarter that ended in Mar. 2024 was $-13.00. National Bank of Greece's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of National Bank of Greece was 11.17. The lowest was 8.10. And the median was 9.18.


National Bank of Greece E10 Historical Data

The historical data trend for National Bank of Greece'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.

National Bank of Greece E10 Chart

National Bank of Greece 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 -3,002.89 -2,343.13 -503.98 0.41 -10.80

National Bank of Greece 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 -1.49 -12.92 -13.78 -10.80 -13.00

Competitive Comparison of National Bank of Greece's E10

For the Banks - Regional subindustry, National Bank of Greece'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.


National Bank of Greece's Shiller PE Ratio Distribution in the Banks Industry

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

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



National Bank of Greece 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, National Bank of Greece'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)
=0.424/117.2848*117.2848
=0.424

Current CPI (Mar. 2024) = 117.2848.

National Bank of Greece Quarterly Data

per share eps CPI Adj_EPS
201406 65.217 103.060 74.218
201409 1.933 102.624 2.209
201412 -68.187 100.254 -79.770
201503 -7.359 100.549 -8.584
201506 -76.880 100.838 -89.420
201509 -19.192 100.856 -22.318
201512 -1.103 100.087 -1.293
201603 0.111 99.041 0.131
201606 -3.708 100.121 -4.344
201609 0.020 99.878 0.023
201612 -0.111 100.110 -0.130
201703 0.015 100.770 0.017
201706 -0.225 101.138 -0.261
201709 -0.048 100.882 -0.056
201712 -0.343 100.762 -0.399
201803 0.049 100.534 0.057
201806 -0.023 102.121 -0.026
201809 0.023 101.982 0.026
201812 -0.148 101.330 -0.171
201903 0.045 101.482 0.052
201906 0.237 101.837 0.273
201909 0.176 101.906 0.203
201912 -0.767 102.120 -0.881
202003 0.365 101.479 0.422
202006 0.068 100.239 0.080
202009 0.130 99.886 0.153
202012 -0.560 99.751 -0.658
202103 0.726 99.817 0.853
202106 0.024 101.270 0.028
202109 0.247 102.095 0.284
202112 0.124 104.853 0.139
202203 0.430 108.651 0.464
202206 0.211 113.517 0.218
202209 0.149 114.371 0.153
202212 0.510 112.428 0.532
202303 0.300 113.620 0.310
202306 0.325 115.515 0.330
202309 0.309 116.234 0.312
202312 0.376 116.364 0.379
202403 0.424 117.285 0.424

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


National Bank of Greece  (OTCPK:NBGRY) 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.

During the past 13 years, the highest Shiller P/E Ratio of National Bank of Greece was 11.17. The lowest was 8.10. And the median was 9.18.


Be Aware

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


National Bank of Greece E10 Related Terms

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


National Bank of Greece (National Bank of Greece) Business Description

Traded in Other Exchanges
Address
86 Eolou Street, Athens, GRC, 10559
National Bank of Greece SA consists of a group of several subsidiaries of diverse financial services organized around a principal bank. The group's primary activities include retail and commercial banking, global investment management, investment banking, insurance, investment activities and securities trading. Its segments include Retail Banking, Corporate and Investment Banking, Special Assets Unit, Global Markets and Asset Management ,Insurance and International Banking Operations.