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Sound Financial Bancorp (Sound Financial Bancorp) E10 : $3.04 (As of Dec. 2023)


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What is Sound Financial 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.

Sound Financial Bancorp's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.04 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sound Financial Bancorp's average E10 Growth Rate was 6.30% per year. During the past 3 years, the average E10 Growth Rate was 14.00% 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 Sound Financial Bancorp was 14.00% per year. The lowest was 14.00% per year. And the median was 14.00% per year.

As of today (2024-04-29), Sound Financial Bancorp's current stock price is $39.1501. Sound Financial Bancorp's E10 for the quarter that ended in Dec. 2023 was $3.04. Sound Financial Bancorp's Shiller PE Ratio of today is 12.88.

During the past 13 years, the highest Shiller PE Ratio of Sound Financial Bancorp was 21.67. The lowest was 11.39. And the median was 14.53.


Sound Financial Bancorp E10 Historical Data

The historical data trend for Sound Financial 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.

Sound Financial Bancorp E10 Chart

Sound Financial Bancorp 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 - 2.05 2.48 2.86 3.04

Sound Financial Bancorp 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 2.86 2.95 3.03 3.06 3.04

Competitive Comparison of Sound Financial Bancorp's E10

For the Banks - Regional subindustry, Sound Financial 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.


Sound Financial Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

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



Sound Financial 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, Sound Financial Bancorp'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)
=0.47/129.4194*129.4194
=0.470

Current CPI (Dec. 2023) = 129.4194.

Sound Financial Bancorp Quarterly Data

per share eps CPI Adj_EPS
201403 0.380 99.695 0.493
201406 0.470 100.560 0.605
201409 0.470 100.428 0.606
201412 0.310 99.070 0.405
201503 0.460 99.621 0.598
201506 0.480 100.684 0.617
201509 0.440 100.392 0.567
201512 0.460 99.792 0.597
201603 0.430 100.470 0.554
201606 0.490 101.688 0.624
201609 0.570 101.861 0.724
201612 0.600 101.863 0.762
201703 0.540 102.862 0.679
201706 0.500 103.349 0.626
201709 0.480 104.136 0.597
201712 0.460 104.011 0.572
201803 0.630 105.290 0.774
201806 0.770 106.317 0.937
201809 0.710 106.507 0.863
201812 0.640 105.998 0.781
201903 0.560 107.251 0.676
201906 0.710 108.070 0.850
201909 0.600 108.329 0.717
201912 0.720 108.420 0.859
202003 0.380 108.902 0.452
202006 0.820 108.767 0.976
202009 0.900 109.815 1.061
202012 1.340 109.897 1.578
202103 0.930 111.754 1.077
202106 0.850 114.631 0.960
202109 0.980 115.734 1.096
202112 0.700 117.630 0.770
202203 0.650 121.301 0.694
202206 0.610 125.017 0.631
202209 0.970 125.227 1.002
202212 1.120 125.222 1.158
202303 0.830 127.348 0.844
202306 1.110 128.729 1.116
202309 0.450 129.860 0.448
202312 0.470 129.419 0.470

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


Sound Financial Bancorp  (NAS:SFBC) 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.

Sound Financial Bancorp's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=39.1501/3.04
=12.88

* 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 Sound Financial Bancorp was 21.67. The lowest was 11.39. And the median was 14.53.


Be Aware

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


Sound Financial Bancorp E10 Related Terms

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


Sound Financial Bancorp (Sound Financial Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2400 3rd Avenue, Suite 150, Seattle, WA, USA, 98121
Sound Financial Bancorp Inc operates as the holding company for Sound Community Bank that provides traditional banking and other financial services for individuals and businesses. It attracts retail and commercial deposits from the public and invests those funds, along with borrowed funds, in loans secured by first and second mortgages on one-to-four-family residences including home equity loans and lines of credit, commercial and multifamily real estate, construction and land, consumer and commercial business loans. The bank also offers secured and unsecured consumer loan products, including manufactured home loans, floating home loans, automobile loans, boat loans, and recreational vehicle loans.
Executives
Joseph Stilwell 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Robert F Carney director C/O SOUND FINANCIAL INC, 2005 FIFTH AVENUE 2ND FLOOR, SEATTLE WA 98121
James E Sweeney director C/O SOUND FINANCIAL INC, 2005 FIFTH AVENUE 2ND FLOOR, SEATTLE WA 98121
Haddad David S Jr director, other: Vice Chairman of the Board C/O SOUND FINANCIAL INC, 2005 FIFTH AVENUE 2ND FLOOR, SEATTLE WA 98121
Brandon Lance officer: SVP, Chief Credit Officer SOUND FINANCIAL BANCORP, INC., 2400 3RD AVENUE, SUITE 150, SEATTLE WA 98121
Jennifer L Mallon officer: Sr. VP & Chief Acct. Officer SOUND FINANCIAL BANCORP, INC., 2400 3RD AVENUE, SUITE 150, SEATTLE WA 98121
Daphne Kelley officer: Chief Financial Officer C/O SOUND FINANCIAL BANCORP, INC., 2400 3RD AVENUE, SUITE 150, SEATTLE WA 98121
Wes Ochs officer: Executive Vice President SOUND FINANCIAL, INC., 2400 3RD AVENUE, SUITE 150, SEATTLE WA 98121
Stilwell Partners L P 10 percent owner 111 BROADWAY, 12TH FL., NEW YORK NY 10006
Stilwell Value Llc 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Value Partners Vii, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Fund, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Investments, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Charles L Turner officer: SVP, Chief Credit Officer C/O SOUND FINANCIAL BANCORP, INC., 2400 3RD AVENUE, SUITE 150, SEATTLE WA 98121
Debra Jones director C/O SOUND FINANCIAL INC, 2400 3RD AVE., SUITE 150, SEATTLE WA 98121

Sound Financial Bancorp (Sound Financial Bancorp) Headlines