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Safwa Islamic Bank (AMM:SIBK) E10 : JOD0.10 (As of Dec. 2024)


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What is Safwa Islamic Bank 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.

Safwa Islamic Bank's adjusted earnings per share data for the three months ended in Dec. 2024 was JOD0.057. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is JOD0.10 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Safwa Islamic Bank's average E10 Growth Rate was 11.10% 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.

As of today (2025-04-01), Safwa Islamic Bank's current stock price is JOD2.20. Safwa Islamic Bank's E10 for the quarter that ended in Dec. 2024 was JOD0.10. Safwa Islamic Bank's Shiller PE Ratio of today is 22.00.

During the past 13 years, the highest Shiller PE Ratio of Safwa Islamic Bank was 27.50. The lowest was 18.44. And the median was 20.42.


Safwa Islamic Bank E10 Historical Data

The historical data trend for Safwa Islamic Bank'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.

Safwa Islamic Bank E10 Chart

Safwa Islamic Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.07 0.09 0.10

Safwa Islamic Bank Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.09 0.09 0.10 0.10 0.10

Competitive Comparison of Safwa Islamic Bank's E10

For the Banks - Regional subindustry, Safwa Islamic Bank'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.


Safwa Islamic Bank's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Safwa Islamic Bank's Shiller PE Ratio falls into.


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Safwa Islamic Bank 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, Safwa Islamic Bank's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.057/133.1571*133.1571
=0.057

Current CPI (Dec. 2024) = 133.1571.

Safwa Islamic Bank Quarterly Data

per share eps CPI Adj_EPS
201503 0.006 99.621 0.008
201506 0.004 100.684 0.005
201509 0.005 100.392 0.007
201512 0.013 99.792 0.017
201603 0.006 100.470 0.008
201606 0.008 101.688 0.010
201609 0.011 101.861 0.014
201612 0.023 101.863 0.030
201703 0.012 102.862 0.016
201706 0.010 103.349 0.013
201709 0.013 104.136 0.017
201712 0.013 104.011 0.017
201803 0.014 105.290 0.018
201806 0.017 106.317 0.021
201809 0.017 106.507 0.021
201812 0.019 105.998 0.024
201903 0.016 107.251 0.020
201906 0.021 108.070 0.026
201909 0.023 108.329 0.028
201912 0.024 108.420 0.029
202003 0.021 108.902 0.026
202006 0.022 108.767 0.027
202009 0.021 109.815 0.025
202012 0.022 109.897 0.027
202103 0.026 111.754 0.031
202106 0.032 114.631 0.037
202109 0.031 115.734 0.036
202112 0.029 117.630 0.033
202203 0.030 121.301 0.033
202206 0.033 125.017 0.035
202209 0.033 125.227 0.035
202212 0.030 125.222 0.032
202303 0.032 127.348 0.033
202306 0.037 128.729 0.038
202309 0.033 129.860 0.034
202312 0.044 129.419 0.045
202403 0.033 131.776 0.033
202406 0.036 132.554 0.036
202409 0.043 133.029 0.043
202412 0.057 133.157 0.057

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


Safwa Islamic Bank  (AMM:SIBK) 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.

Safwa Islamic Bank's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.20/0.10
=22.00

* 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 Safwa Islamic Bank was 27.50. The lowest was 18.44. And the median was 20.42.


Be Aware

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


Safwa Islamic Bank E10 Related Terms

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


Safwa Islamic Bank Business Description

Traded in Other Exchanges
N/A
Address
Suleiman Al Nabulsi street, P.O Box 1982, Building No 38, Alabdali boulevard, Amman, JOR, 11118
Safwa Islamic Bank is engaged in banking corporations that offer banking and financial services including treasury, investment, and financial institutions services such as investment in equities, mutual funds, money markets products, foreign exchange (fx) services, and trustee services for corporations and financial institutions. The bank operates through three business sectors which include Retail accounts, Corporate accounts, and Treasury. The majority of the revenue derives from the Retail segment which includes unrestricted investment accounts, deferred sales receivables, financings, and other services related to retail.

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