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People's United Financial (People's United Financial) E10 : $1.16 (As of Dec. 2021)


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What is People's United 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.

People's United Financial's adjusted earnings per share data for the three months ended in Dec. 2021 was $0.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.16 for the trailing ten years ended in Dec. 2021.

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), People's United Financial's current stock price is $19.41. People's United Financial's E10 for the quarter that ended in Dec. 2021 was $1.16. People's United Financial's Shiller PE Ratio of today is 16.73.

During the past 13 years, the highest Shiller PE Ratio of People's United Financial was 30.71. The lowest was 17.90. And the median was 22.38.


People's United Financial E10 Historical Data

The historical data trend for People's United 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.

People's United Financial E10 Chart

People's United Financial 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 0.69 0.79 0.90 1.02 1.16

People's United Financial Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 1.02 1.05 1.10 1.12 1.16

Competitive Comparison of People's United Financial's E10

For the Banks - Regional subindustry, People's United 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.


People's United Financial's Shiller PE Ratio Distribution in the Banks Industry

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

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



People's United 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, People's United Financial's adjusted earnings per share data for the three months ended in Dec. 2021 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2021 (Change)*Current CPI (Dec. 2021)
=0.34/117.6295*117.6295
=0.340

Current CPI (Dec. 2021) = 117.6295.

People's United Financial Quarterly Data

per share eps CPI Adj_EPS
201203 0.170 96.783 0.207
201206 0.190 96.819 0.231
201209 0.180 97.633 0.217
201212 0.180 96.871 0.219
201303 0.160 98.209 0.192
201306 0.200 98.518 0.239
201309 0.190 98.790 0.226
201312 0.200 98.326 0.239
201403 0.180 99.695 0.212
201406 0.240 100.560 0.281
201409 0.210 100.428 0.246
201412 0.220 99.070 0.261
201503 0.200 99.621 0.236
201506 0.200 100.684 0.234
201509 0.230 100.392 0.269
201512 0.230 99.792 0.271
201603 0.210 100.470 0.246
201606 0.230 101.688 0.266
201609 0.240 101.861 0.277
201612 0.240 101.863 0.277
201703 0.220 102.862 0.252
201706 0.190 103.349 0.216
201709 0.260 104.136 0.294
201712 0.300 104.011 0.339
201803 0.300 105.290 0.335
201806 0.310 106.317 0.343
201809 0.330 106.507 0.364
201812 0.350 105.998 0.388
201903 0.300 107.251 0.329
201906 0.330 108.070 0.359
201909 0.330 108.329 0.358
201912 0.310 108.420 0.336
202003 0.300 108.902 0.324
202006 0.210 108.767 0.227
202009 0.340 109.815 0.364
202012 0.490 109.897 0.524
202103 0.330 111.754 0.347
202106 0.390 114.631 0.400
202109 0.320 115.734 0.325
202112 0.340 117.630 0.340

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


People's United Financial  (NAS:PBCT) 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.

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

Shiller PE Ratio=Share Price/E10
=19.41/1.16
=16.73

* 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.

During the past 13 years, the highest Shiller P/E Ratio of People's United Financial was 30.71. The lowest was 17.90. And the median was 22.38.


Be Aware

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


People's United Financial E10 Related Terms

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


People's United Financial (People's United Financial) Business Description

Traded in Other Exchanges
N/A
Address
850 Main Street, Bridgeport, CT, USA, 06604
People's United Financial Inc is a United States-based bank holding company. It operates in two segments: Commercial and Retail Banking. Commercial Banking includes commercial real estate lending, middle market, and business banking, mortgage warehouse and asset-based lending, and the equipment financing operations of PCLC, PUEFC, and LEAF. It also provides treasury management services, capital market capabilities, and commercial deposit products. Retail Banking includes consumer lending and consumer deposit gathering activities. The vast majority of its revenue is generated from the Commercial Banking segment.
Executives
Jeffrey J Tengel officer: President 1900 EAST NINTH STREET, CLEVELAND OH 44114
Lee C Powlus officer: Sr Ex VP & Chief Admin Officer 850 MAIN STREET, BRIDGEPORT CT 06604
Richard M Barry officer: Chief Credit Officer 726 EXCHANGE STREET SUITE 618 BUFFALO NY 14210
Jane Chwick director C/O MARKETAXESS HOLDINGS, INC., 299 PARK AVENUE, NEW YORK NY 10171
Cruger William Frank Jr. director C/O MARKETAXESS HOLDINGS INC., 299 PARK AVENUE, NEW YORK NY 10171
Kevin T. Bottomley director DANVERS BANCORP, INC. ONE CONANT STREET DANVERS MA 01923
Nancy Mcallister, director 30 CAMP WOODBINE ROAD, PORT JEFFERSON NY 11777
James A Thomas director

People's United Financial (People's United Financial) Headlines