GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Georgia Group PLC (OTCPK:BDGSF) » Definitions » E10

Bank of Georgia Group (Bank of Georgia Group) E10 : $5.02 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Bank of Georgia Group 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.

Bank of Georgia Group's adjusted earnings per share data for the three months ended in Dec. 2023 was $2.659. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $5.02 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bank of Georgia Group's average E10 Growth Rate was 21.10% per year. During the past 3 years, the average E10 Growth Rate was 27.10% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Bank of Georgia Group was 27.10% per year. The lowest was 27.10% per year. And the median was 27.10% per year.

As of today (2024-05-26), Bank of Georgia Group's current stock price is $54.00. Bank of Georgia Group's E10 for the quarter that ended in Dec. 2023 was $5.02. Bank of Georgia Group's Shiller PE Ratio of today is 10.76.

During the past 13 years, the highest Shiller PE Ratio of Bank of Georgia Group was 11.26. The lowest was 3.38. And the median was 5.57.


Bank of Georgia Group E10 Historical Data

The historical data trend for Bank of Georgia Group'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.

Bank of Georgia Group E10 Chart

Bank of Georgia Group 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 - 2.95 3.63 3.02 5.02

Bank of Georgia Group 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 3.02 5.02 5.90 5.23 5.02

Competitive Comparison of Bank of Georgia Group's E10

For the Banks - Regional subindustry, Bank of Georgia Group'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.


Bank of Georgia Group's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Bank of Georgia Group's Shiller PE Ratio falls into.



Bank of Georgia Group 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, Bank of Georgia Group'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)
=2.659/130.5000*130.5000
=2.659

Current CPI (Dec. 2023) = 130.5000.

Bank of Georgia Group Quarterly Data

per share eps CPI Adj_EPS
201403 0.557 99.300 0.732
201406 1.163 99.800 1.521
201409 0.642 100.000 0.838
201412 0.624 99.900 0.815
201503 0.602 99.600 0.789
201506 0.679 100.100 0.885
201509 0.753 100.200 0.981
201512 0.897 100.400 1.166
201603 0.775 100.400 1.007
201606 0.908 101.000 1.173
201609 1.310 101.500 1.684
201612 0.727 102.200 0.928
201703 0.941 102.700 1.196
201706 1.096 103.500 1.382
201709 0.996 104.300 1.246
201712 1.060 105.000 1.317
201803 1.122 105.100 1.393
201806 1.032 105.900 1.272
201809 0.856 106.600 1.048
201812 0.886 107.100 1.080
201903 0.779 107.000 0.950
201906 0.821 107.900 0.993
201909 1.037 108.400 1.248
201912 1.214 108.500 1.460
202003 -0.771 108.600 -0.926
202006 0.886 108.800 1.063
202009 1.148 109.200 1.372
202012 1.019 109.400 1.216
202103 1.059 109.700 1.260
202106 1.546 111.400 1.811
202109 1.402 112.400 1.628
202112 1.521 114.700 1.731
202203 1.845 116.500 2.067
202206 2.137 120.500 2.314
202209 2.285 122.300 2.438
202212 5.023 125.300 5.231
202303 2.377 126.800 2.446
202306 3.278 129.400 3.306
202309 2.923 130.100 2.932
202312 2.659 130.500 2.659

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


Bank of Georgia Group  (OTCPK:BDGSF) 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.

Bank of Georgia Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=54.00/5.02
=10.76

* 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 Bank of Georgia Group was 11.26. The lowest was 3.38. And the median was 5.57.


Be Aware

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


Bank of Georgia Group E10 Related Terms

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


Bank of Georgia Group (Bank of Georgia Group) Business Description

Traded in Other Exchanges
Address
42 Brook Street, London, GBR, W1K 5DB
Bank of Georgia Group PLC offers banking services. The company through its banking divisions involves in various business which includes retail banking and payment services, corporate investment banking and wealth management operations, and banking operations in Belarus which forms the core entity of the group's banking business. The Bank has operating outlets in all cities of Georgia.

Bank of Georgia Group (Bank of Georgia Group) Headlines

From GuruFocus