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BCDRF (Bancontander) E10 : $0.48 (As of Sep. 2024)


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What is Bancontander 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.

Bancontander's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.222. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.48 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Bancontander's average E10 Growth Rate was 5.00% per year. During the past 3 years, the average E10 Growth Rate was 5.60% per year. During the past 5 years, the average E10 Growth Rate was -7.50% per year. During the past 10 years, the average E10 Growth Rate was -10.50% 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 Bancontander was 40.10% per year. The lowest was -19.40% per year. And the median was 8.40% per year.

As of today (2024-12-13), Bancontander's current stock price is $5.148. Bancontander's E10 for the quarter that ended in Sep. 2024 was $0.48. Bancontander's Shiller PE Ratio of today is 10.73.

During the past 13 years, the highest Shiller PE Ratio of Bancontander was 11.97. The lowest was 3.74. And the median was 7.46.


Bancontander E10 Historical Data

The historical data trend for Bancontander'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.

Bancontander E10 Chart

Bancontander 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 0.55 0.40 0.39 0.38 0.42

Bancontander Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.45 0.42 0.44 0.47 0.48

Competitive Comparison of Bancontander's E10

For the Banks - Diversified subindustry, Bancontander'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.


Bancontander's Shiller PE Ratio Distribution in the Banks Industry

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

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



Bancontander 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, Bancontander's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.222/123.1207*123.1207
=0.222

Current CPI (Sep. 2024) = 123.1207.

Bancontander Quarterly Data

per share eps CPI Adj_EPS
201412 0.132 100.251 0.162
201503 0.124 99.474 0.153
201506 0.194 101.138 0.236
201509 0.118 99.559 0.146
201512 0.104 100.268 0.128
201603 0.117 98.638 0.146
201606 0.086 100.333 0.106
201609 0.118 99.737 0.146
201612 0.101 101.842 0.122
201703 0.123 100.896 0.150
201706 0.118 101.848 0.143
201709 0.103 101.524 0.125
201712 0.094 102.975 0.112
201803 0.142 102.122 0.171
201806 0.112 104.165 0.132
201809 0.123 103.818 0.146
201812 0.128 104.193 0.151
201903 0.113 103.488 0.134
201906 0.082 104.612 0.097
201909 0.021 103.905 0.025
201912 0.171 105.015 0.200
202003 0.011 103.469 0.013
202006 -0.732 104.254 -0.864
202009 0.106 103.521 0.126
202012 0.015 104.456 0.018
202103 0.095 104.857 0.112
202106 0.145 107.102 0.167
202109 0.129 107.669 0.148
202112 0.142 111.298 0.157
202203 0.154 115.153 0.165
202206 0.137 118.044 0.143
202209 0.136 117.221 0.143
202212 0.138 117.650 0.144
202303 0.161 118.948 0.167
202306 0.173 120.278 0.177
202309 0.181 121.343 0.184
202312 0.185 121.300 0.188
202403 0.185 122.762 0.186
202406 0.215 124.409 0.213
202409 0.222 123.121 0.222

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


Bancontander  (OTCPK:BCDRF) 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.

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

Shiller PE Ratio=Share Price/E10
=5.148/0.48
=10.73

* 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 Bancontander was 11.97. The lowest was 3.74. And the median was 7.46.


Be Aware

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


Bancontander E10 Related Terms

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


Bancontander Business Description

Address
Avenida de Cantabria s/n, Boadilla del Monte, Ciudad Grupo Santander, Madrid, ESP, 28660
Santander's focus is on retail and commercial banking. Latin America is geographically the most significant operation, with Brazil making the largest contribution. Its continental European business is mainly in Spain and Portugal. Santander's UK presence is the result of its acquisition of Abbey building society. In the US, Santander operates a vehicle finance business and a regional bank focused on the Northeastern states.