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Seacoast Banking of Florida (Seacoast Banking of Florida) E10 : $1.45 (As of Dec. 2023)


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What is Seacoast Banking of Florida 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.

Seacoast Banking of Florida's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.350. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.45 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Seacoast Banking of Florida's average E10 Growth Rate was -9.40% per year. During the past 3 years, the average E10 Growth Rate was 10.00% 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 Seacoast Banking of Florida was 37.20% per year. The lowest was -64.30% per year. And the median was 11.50% per year.

As of today (2024-04-28), Seacoast Banking of Florida's current stock price is $23.38. Seacoast Banking of Florida's E10 for the quarter that ended in Dec. 2023 was $1.45. Seacoast Banking of Florida's Shiller PE Ratio of today is 16.12.

During the past 13 years, the highest Shiller PE Ratio of Seacoast Banking of Florida was 206.80. The lowest was 11.70. And the median was 24.14.


Seacoast Banking of Florida E10 Historical Data

The historical data trend for Seacoast Banking of Florida'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.

Seacoast Banking of Florida E10 Chart

Seacoast Banking of Florida 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 0.62 1.09 1.35 1.60 1.45

Seacoast Banking of Florida Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.60 1.63 1.67 1.42 1.45

Competitive Comparison of Seacoast Banking of Florida's E10

For the Banks - Regional subindustry, Seacoast Banking of Florida'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.


Seacoast Banking of Florida's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Seacoast Banking of Florida's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Seacoast Banking of Florida's Shiller PE Ratio falls into.



Seacoast Banking of Florida 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, Seacoast Banking of Florida's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.35/129.4194*129.4194
=0.350

Current CPI (Dec. 2023) = 129.4194.

Seacoast Banking of Florida Quarterly Data

per share eps CPI Adj_EPS
201403 0.090 99.695 0.117
201406 0.070 100.560 0.090
201409 0.120 100.428 0.155
201412 -0.050 99.070 -0.065
201503 0.180 99.621 0.234
201506 0.180 100.684 0.231
201509 0.130 100.392 0.168
201512 0.180 99.792 0.233
201603 0.110 100.470 0.142
201606 0.140 101.688 0.178
201609 0.240 101.861 0.305
201612 0.280 101.863 0.356
201703 0.200 102.862 0.252
201706 0.180 103.349 0.225
201709 0.320 104.136 0.398
201712 0.280 104.011 0.348
201803 0.380 105.290 0.467
201806 0.350 106.317 0.426
201809 0.340 106.507 0.413
201812 0.310 105.998 0.378
201903 0.440 107.251 0.531
201906 0.450 108.070 0.539
201909 0.490 108.329 0.585
201912 0.520 108.420 0.621
202003 0.010 108.902 0.012
202006 0.470 108.767 0.559
202009 0.420 109.815 0.495
202012 0.530 109.897 0.624
202103 0.600 111.754 0.695
202106 0.560 114.631 0.632
202109 0.400 115.734 0.447
202112 0.620 117.630 0.682
202203 0.330 121.301 0.352
202206 0.530 125.017 0.549
202209 0.470 125.227 0.486
202212 0.340 125.222 0.351
202303 0.150 127.348 0.152
202306 0.370 128.729 0.372
202309 0.370 129.860 0.369
202312 0.350 129.419 0.350

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


Seacoast Banking of Florida  (NAS:SBCF) 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.

Seacoast Banking of Florida's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=23.38/1.45
=16.12

* 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 Seacoast Banking of Florida was 206.80. The lowest was 11.70. And the median was 24.14.


Be Aware

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


Seacoast Banking of Florida E10 Related Terms

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


Seacoast Banking of Florida (Seacoast Banking of Florida) Business Description

Traded in Other Exchanges
N/A
Address
815 Colorado Avenue, Stuart, FL, USA, 34994
Seacoast Banking Corp of Florida is a holding company for Seacoast National Bank. The Company provides integrated financial services including commercial and consumer banking, wealth management, and mortgage and insurance services to customers across Florida, and through mobile and online banking solutions. In addition, it provides services such as treasury management, brokerage, and credit facilities.
Executives
Charles M Shaffer director, officer: Chairman, President & CEO C/O SEACOAST BANKING CORPORATION OF FL, 815 COLORADO AVE., P. O. BOX 9012, STUART FL 34995
Robert J Lipstein director 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Stallings James C Iii officer: EVP, Chief Credit Officer P.O. BOX 9012, STUART FL 34995
Jacqueline Lynette Bradley director 5336 ISLEWORTH COUNTRY CLUB DRIVE, WINDERMERE FL 34786
Maryann Goebel director 411 NORTH NEW RIVER DRIVE EAST, UNIT 2902, FORT LAUDERDALE FL 33301
Dennis J Arczynski director 5771 HAWKES BLUFF AVENUE, DAVIE FL 33331
Thomas E Rossin director C/O SEACOAST BANKING CORPORATION OF FL, P. O. BOX 9012, STUART FL 34995
Christopher E Fogal director 102 NE CHARLESTON OAK DRIVE, PORT ST. LUCIE FL 34983
Alvaro Monserrat director 2400 ACORN PALM ROAD, BOCA RATON FL 33432
Shearouse Joseph B Iii director P.O. BOX 9012, STUART FL 34995
Julie H Daum director 1000 PALM WAY, NORTH PALM BEACH FL 33408
Culbreth H Gilbert Jr director C/O SEACOAST BANKING CORPORATION OF FL, P. O. BOX 9012, STUART FL 34995
Austen Carroll officer: EVP, Chief Lending Officer P.O. BOX 9012, STUART FL 34995
Juliette Kleffel other: EVP of Subsidiary P.O. BOX 9012, STUART FL 34995
Hudson Dennis S Iii director, officer: President & CEO 815 COLORADO AVENUE, P O BOX 9012, STUART FL 34995-9012