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WaFd (WAFD) E10 : $2.81 (As of Dec. 2023)


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What is WaFd 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.

WaFd's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.850. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.81 for the trailing ten years ended in Dec. 2023.

During the past 12 months, WaFd's average E10 Growth Rate was 8.90% per year. During the past 3 years, the average E10 Growth Rate was 13.10% per year. During the past 5 years, the average E10 Growth Rate was 12.10% per year. During the past 10 years, the average E10 Growth Rate was 7.90% 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 WaFd was 13.10% per year. The lowest was -4.10% per year. And the median was 4.40% per year.

As of today (2024-04-29), WaFd's current stock price is $27.91. WaFd's E10 for the quarter that ended in Dec. 2023 was $2.81. WaFd's Shiller PE Ratio of today is 9.93.

During the past 13 years, the highest Shiller PE Ratio of WaFd was 26.73. The lowest was 8.69. And the median was 16.43.


WaFd E10 Historical Data

The historical data trend for WaFd'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.

WaFd E10 Chart

WaFd Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 1.92 2.15 2.50 2.78

WaFd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.67 2.74 2.78 2.81 -

Competitive Comparison of WaFd's E10

For the Banks - Regional subindustry, WaFd'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.


WaFd's Shiller PE Ratio Distribution in the Banks Industry

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

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



WaFd 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, WaFd'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)
=0.85/129.4194*129.4194
=0.850

Current CPI (Dec. 2023) = 129.4194.

WaFd Quarterly Data

per share eps CPI Adj_EPS
201403 0.380 99.695 0.493
201406 0.370 100.560 0.476
201409 0.410 100.428 0.528
201412 0.390 99.070 0.509
201503 0.420 99.621 0.546
201506 0.410 100.684 0.527
201509 0.450 100.392 0.580
201512 0.380 99.792 0.493
201603 0.450 100.470 0.580
201606 0.470 101.688 0.598
201609 0.490 101.861 0.623
201612 0.460 101.863 0.584
201703 0.470 102.862 0.591
201706 0.490 103.349 0.614
201709 0.520 104.136 0.646
201712 0.590 104.011 0.734
201803 0.570 105.290 0.701
201806 0.610 106.317 0.743
201809 0.620 106.507 0.753
201812 0.650 105.998 0.794
201903 0.630 107.251 0.760
201906 0.670 108.070 0.802
201909 0.660 108.329 0.788
201912 0.860 108.420 1.027
202003 0.470 108.902 0.559
202006 0.460 108.767 0.547
202009 0.450 109.815 0.530
202012 0.510 109.897 0.601
202103 0.560 111.754 0.649
202106 0.610 114.631 0.689
202109 0.720 115.734 0.805
202112 0.710 117.630 0.781
202203 0.700 121.301 0.747
202206 0.910 125.017 0.942
202209 1.070 125.227 1.106
202212 1.160 125.222 1.199
202303 0.950 127.348 0.965
202306 0.890 128.729 0.895
202309 0.720 129.860 0.718
202312 0.850 129.419 0.850

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


WaFd  (NAS:WAFD) 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.

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

Shiller PE Ratio=Share Price/E10
=27.91/2.81
=9.93

* 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 WaFd was 26.73. The lowest was 8.69. And the median was 16.43.


Be Aware

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


WaFd E10 Related Terms

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


WaFd (WAFD) Business Description

Traded in Other Exchanges
Address
425 Pike Street, Seattle, WA, USA, 98101
WaFd Inc is engaged in providing lending, depository, insurance and other banking services to consumers, mid-sized to large businesses, and owners and developers of commercial real estate. Geographically It operates in Washington, Oregon, Arizona, Texas, Utah. New Mexico, Nevada, Idaho and others. WaFd Inc provides, Personal Banking, Business Banking, Commercial Banking and Home Loans.
Executives
Randall H Talbot director 777 108TH AVENUE NE, SUITE 1200, BELLEVUE WA 98124-1690
David K Grant director
Blayne Sanden officer: SVP & PAO 425 PIKE STREET, SEATTLE WA 98101
Brent J Beardall officer: EVP & CFO 425 PIKE STREET, SEATTLE WA 98101
Kim E Robison officer: EVP & Chief Operations Officer 425 PIKE STREET, SEATTLE WA 98101
Cathy E Cooper officer: EVP & Chief Consumer Banker 425 PIKE STREET, SEATTLE WA 98101
Kelli Holz officer: EVP & CFO PO BOX 580, BELLINGHAM WA 98227
Vincent L Beatty officer: EVP & Chief Financial Officer 425 PIKE STREET, SEATTLE WA 98101
Shawn Bice director C/O SPLUNK INC., 270 BRANNAN STREET, SAN FRANCISCO CA 94107
Ryan Mauer officer: EVP & Chief Credit Officer 425 PIKE STREET, SEATTLE WA 98101
James Endrizzi officer: EVP & Chief Commercial Banker 425 PIKE STREET, SEATTLE WA 98101
Sean Singleton director 425 PIKE ST, SEATTLE WA 98101
Sylvia Hampel director 425 PIKE ST, SEATTLE WA 98101
Sudhir Steven Singh director 6222 185TH AVE, REDMOND WA 98052
Linda S Brower director