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Security National Financial (Security National Financial) E10 : $1.12 (As of Dec. 2023)


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What is Security National 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.

Security National Financial's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.12 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Security National Financial's average E10 Growth Rate was 5.70% per year. During the past 3 years, the average E10 Growth Rate was 12.80% per year. During the past 5 years, the average E10 Growth Rate was 20.30% per year. During the past 10 years, the average E10 Growth Rate was 18.30% 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 Security National Financial was 30.10% per year. The lowest was -14.50% per year. And the median was 11.50% per year.

As of today (2024-04-30), Security National Financial's current stock price is $6.69. Security National Financial's E10 for the quarter that ended in Dec. 2023 was $1.12. Security National Financial's Shiller PE Ratio of today is 5.97.

During the past 13 years, the highest Shiller PE Ratio of Security National Financial was 19.70. The lowest was 5.49. And the median was 9.19.


Security National Financial E10 Historical Data

The historical data trend for Security National 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.

Security National Financial E10 Chart

Security National Financial 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 0.53 0.78 1.00 1.06 1.12

Security National Financial 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 1.06 1.07 1.09 1.11 1.12

Competitive Comparison of Security National Financial's E10

For the Mortgage Finance subindustry, Security National 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.


Security National Financial's Shiller PE Ratio Distribution in the Banks Industry

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

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



Security National 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, Security National Financial'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)
=0.13/129.4194*129.4194
=0.130

Current CPI (Dec. 2023) = 129.4194.

Security National Financial Quarterly Data

per share eps CPI Adj_EPS
201403 0.007 99.695 0.009
201406 0.132 100.560 0.170
201409 0.112 100.428 0.144
201412 0.144 99.070 0.188
201503 0.090 99.621 0.117
201506 0.187 100.684 0.240
201509 0.236 100.392 0.304
201512 0.097 99.792 0.126
201603 0.124 100.470 0.160
201606 0.240 101.688 0.305
201609 0.197 101.861 0.250
201612 -0.015 101.863 -0.019
201703 0.084 102.862 0.106
201706 0.115 103.349 0.144
201709 0.054 104.136 0.067
201712 0.375 104.011 0.467
201803 0.795 105.290 0.977
201806 0.153 106.317 0.186
201809 0.096 106.507 0.117
201812 -0.072 105.998 -0.088
201903 0.093 107.251 0.112
201906 0.160 108.070 0.192
201909 0.164 108.329 0.196
201912 0.086 108.420 0.103
202003 0.069 108.902 0.082
202006 0.881 108.767 1.048
202009 1.306 109.815 1.539
202012 0.172 109.897 0.203
202103 0.526 111.754 0.609
202106 0.486 114.631 0.549
202109 0.467 115.734 0.522
202112 0.229 117.630 0.252
202203 0.143 121.301 0.153
202206 0.143 125.017 0.148
202209 -0.110 125.227 -0.114
202212 0.930 125.222 0.961
202303 0.057 127.348 0.058
202306 0.267 128.729 0.268
202309 0.180 129.860 0.179
202312 0.130 129.419 0.130

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


Security National Financial  (NAS:SNFCA) 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.

Security National Financial's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6.69/1.12
=5.97

* 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 Security National Financial was 19.70. The lowest was 5.49. And the median was 9.19.


Be Aware

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


Security National Financial E10 Related Terms

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


Security National Financial (Security National Financial) Business Description

Traded in Other Exchanges
Address
433 West Ascension Way, Salt Lake City, UT, USA, 84123
Security National Financial Corp is engaged in the life insurance, cemetery and mortuary, and mortgage loan businesses. The life insurance segment is engaged in the business of selling and servicing selected lines of life insurance, annuity products, and accident and health insurance. Its cemetery and mortuary segment consists of approximately seven mortuaries and five cemeteries in the state of Utah and a cemetery in the state of California. The mortgage loan segment originates and underwrites or otherwise purchases residential and commercial loans for new construction, existing homes, and real estate projects. Geographically all the business activity is functioned through the region of the USA and it derives the majority of revenue from Mortgage segment.
Executives
Gilbert A Fuller director 55 WANDERWOOD WAY, SANDY UT 84092
Jeffrey Russell Stephens officer: General Counsel, Corporate Sec 38 NORTHRIDGE WAY, SANDY UT 84092
Howard Craig Moody director 11892 SOUTH BROOKGLEN DRIVE, SANDY UT 84092
Jason G. Overbaugh director, officer: VP, Asst. Corp Sec. 13471 SOUTH TUSCALEE WAY, DRAPER UT 84020
Ludmya B Love director 913 WEST GROUSE CIRCLE, SARATOGA SPRINGS UT 84045
Shital Ashok Mehta director 59 N SANTA CRUZ AVENUE, STE Y, LOS GATOS CA 95030
Norman G Wilbur director 2637 MUSTANG DRIVE, MEAD CO 80542
Garrett S. Sill officer: Acting CFO 2463 SOUTH 1375 WEST, SYRACUSE UT 84075
Adam George Quist officer: VP Mem Serv Asst Sec. Gen Con 4057 SOUTH OLIVIA VIEW LANE, SALT LAKE CITY UT 84107
Scott M Quist director, officer: Pres., Chief Operating Officer 7 WANDERWOOD WAY, SANDY UT 84092
Stephen Charles Johnson officer: VP of Mortgage Operations 886 SOUTH ROUECHE LANE, KAYSVILLE UT 84037
Jordan Capital Am, Llc 10 percent owner 3500 PIEDMONT RD NE, SUITE 330, ATLANTA GA 30305
John L Cook director 2424 SUMMER OAK CIRCLE, SANDY UT 84092
S. Andrew Quist director, officer: VP and Assoc General Counsel 272 EAST BROADLEAF CIRCLE, DRAPER UT 84020
Beckstead Jack Lynn Jr director, officer: V.P. Mortgage Operations 190 NORTH MATTERHORN DRIVE, ALPINE UT 84004