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Pacific Continental (Pacific Continental) E10 : $0.71 (As of Jun. 2017)


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What is Pacific Continental 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.

Pacific Continental's adjusted earnings per share data for the three months ended in Jun. 2017 was $0.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.71 for the trailing ten years ended in Jun. 2017.

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 (2024-05-12), Pacific Continental's current stock price is $28.00. Pacific Continental's E10 for the quarter that ended in Jun. 2017 was $0.71. Pacific Continental's Shiller PE Ratio of today is 39.44.


Pacific Continental E10 Historical Data

The historical data trend for Pacific Continental'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.

Pacific Continental E10 Chart

Pacific Continental Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.74 0.74 0.73 0.71

Pacific Continental Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 0.72 0.71 0.71 0.71 0.71

Competitive Comparison of Pacific Continental's E10

For the Banks - Regional subindustry, Pacific Continental'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.


Pacific Continental's Shiller PE Ratio Distribution in the Banks Industry

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

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



Pacific Continental 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, Pacific Continental's adjusted earnings per share data for the three months ended in Jun. 2017 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2017 (Change)*Current CPI (Jun. 2017)
=0.31/103.3491*103.3491
=0.310

Current CPI (Jun. 2017) = 103.3491.

Pacific Continental Quarterly Data

per share eps CPI Adj_EPS
200709 0.290 87.964 0.341
200712 0.270 88.616 0.315
200803 0.260 90.090 0.298
200806 0.250 92.320 0.280
200809 0.250 92.307 0.280
200812 0.320 88.697 0.373
200903 0.230 89.744 0.265
200906 -0.630 91.003 -0.715
200909 0.020 91.120 0.023
200912 0.030 91.111 0.034
201003 0.060 91.821 0.068
201006 0.090 91.962 0.101
201009 0.060 92.162 0.067
201012 0.070 92.474 0.078
201103 0.080 94.283 0.088
201106 0.120 95.235 0.130
201109 0.140 95.727 0.151
201112 -0.050 95.213 -0.054
201203 0.150 96.783 0.160
201206 0.170 96.819 0.181
201209 0.190 97.633 0.201
201212 0.180 96.871 0.192
201303 0.140 98.209 0.147
201306 0.210 98.518 0.220
201309 0.220 98.790 0.230
201312 0.200 98.326 0.210
201403 0.210 99.695 0.218
201406 0.230 100.560 0.236
201409 0.250 100.428 0.257
201412 0.200 99.070 0.209
201503 0.150 99.621 0.156
201506 0.260 100.684 0.267
201509 0.270 100.392 0.278
201512 0.280 99.792 0.290
201603 0.280 100.470 0.288
201606 0.130 101.688 0.132
201609 0.230 101.861 0.233
201612 0.310 101.863 0.315
201703 0.290 102.862 0.291
201706 0.310 103.349 0.310

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


Pacific Continental  (NAS:PCBK) 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.

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

Shiller PE Ratio=Share Price/E10
=28.00/0.71
=39.44

* 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.


Be Aware

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


Pacific Continental E10 Related Terms

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


Pacific Continental (Pacific Continental) Business Description

Traded in Other Exchanges
N/A
Address
Pacific Continental Corp is a bank holding company. The company, through its subsidiary, offers financial and lending services to Pacific Northwest businesses, business owners and executives. The bank operates in three primary markets, Eugene, Oregon, Portland, Oregon/Southwest Washington and Seattle, Washington. The bank operates around 15 full-service offices in Oregon and Washington and three loan production offices in Washington, Colorado, and California. The primary business strategy of the bank is to operate in large commercial markets and to provide comprehensive banking and related services tailored to community-based businesses, non-profit organizations, professional service providers, and banking services for business owners.
Executives
Jeffrey D Pinneo director ALASKA AIR GROUP, 19300 PACIFIC HIGHWAY SOUTH, SEATTLE WA 98188
Eric Forrest director C/O PACIFIC CONTINENTAL BANK, 111 WEST SEVENTH AVENUE, OREGON OR 97440-2727
Judi Johansen director 2786 GLENMORRIE DRIVE, LAKE OSWEGO OR 97034

Pacific Continental (Pacific Continental) Headlines

From GuruFocus

Pacific Continental Corp. (PCBK) CFO Michael Reynolds sells 1,650 Shares

By GuruFocus Research GuruFocus Editor 02-22-2010

Pacific Continental Corp. (PCBK) President/COO Roger S Busse buys 1,000 Shares

By GuruFocus Research GuruFocus Editor 10-15-2009

Pacific Continental Corp. (PCBK) CEO Hal Brown buys 5,000 Shares

By GuruFocus Research GuruFocus Editor 10-15-2009