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Bank Hapoalim BM (Bank Hapoalim BM) E10 : $4.02 (As of Dec. 2023)


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What is Bank Hapoalim BM 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 Hapoalim BM's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.741. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.02 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bank Hapoalim BM's average E10 Growth Rate was 14.60% per year. During the past 3 years, the average E10 Growth Rate was 15.00% per year. During the past 5 years, the average E10 Growth Rate was 6.30% 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 Bank Hapoalim BM was 15.00% per year. The lowest was -2.10% per year. And the median was 9.70% per year.

As of today (2024-04-30), Bank Hapoalim BM's current stock price is $44.40. Bank Hapoalim BM's E10 for the quarter that ended in Dec. 2023 was $4.02. Bank Hapoalim BM's Shiller PE Ratio of today is 11.04.

During the past 13 years, the highest Shiller PE Ratio of Bank Hapoalim BM was 15.89. The lowest was 8.40. And the median was 11.77.


Bank Hapoalim BM E10 Historical Data

The historical data trend for Bank Hapoalim BM'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 Hapoalim BM E10 Chart

Bank Hapoalim BM 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 2.90 2.97 3.59 3.57 4.02

Bank Hapoalim BM 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 3.57 4.01 3.94 3.89 4.02

Competitive Comparison of Bank Hapoalim BM's E10

For the Banks - Regional subindustry, Bank Hapoalim BM'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 Hapoalim BM's Shiller PE Ratio Distribution in the Banks Industry

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

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



Bank Hapoalim BM 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 Hapoalim BM'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)
=1.741/129.4194*129.4194
=1.741

Current CPI (Dec. 2023) = 129.4194.

Bank Hapoalim BM Quarterly Data

per share eps CPI Adj_EPS
201403 0.718 99.695 0.932
201406 0.784 100.560 1.009
201409 0.718 100.428 0.925
201412 0.478 99.070 0.624
201503 0.811 99.621 1.054
201506 0.877 100.684 1.127
201509 0.797 100.392 1.027
201512 0.585 99.792 0.759
201603 0.664 100.470 0.855
201606 1.116 101.688 1.420
201609 0.691 101.861 0.878
201612 0.146 101.863 0.185
201703 0.757 102.862 0.952
201706 0.797 103.349 0.998
201709 0.478 104.136 0.594
201712 0.611 104.011 0.760
201803 0.625 105.290 0.768
201806 0.917 106.317 1.116
201809 0.990 106.507 1.203
201812 0.093 105.998 0.114
201903 0.186 107.251 0.224
201906 0.906 108.070 1.085
201909 0.731 108.329 0.873
201912 -0.625 108.420 -0.746
202003 0.186 108.902 0.221
202006 0.133 108.767 0.158
202009 0.811 109.815 0.956
202012 0.904 109.897 1.065
202103 1.342 111.754 1.554
202106 1.409 114.631 1.591
202109 1.196 115.734 1.337
202112 0.930 117.630 1.023
202203 1.648 121.301 1.758
202206 1.329 125.017 1.376
202209 1.781 125.227 1.841
202212 1.741 125.222 1.799
202303 1.993 127.348 2.025
202306 1.914 128.729 1.924
202309 1.661 129.860 1.655
202312 1.741 129.419 1.741

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


Bank Hapoalim BM  (OTCPK:BKHYY) 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 Hapoalim BM's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=44.40/4.02
=11.04

* 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 Hapoalim BM was 15.89. The lowest was 8.40. And the median was 11.77.


Be Aware

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


Bank Hapoalim BM E10 Related Terms

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


Bank Hapoalim BM (Bank Hapoalim BM) Business Description

Traded in Other Exchanges
Address
50 Rothschild Boulevard, Tel Aviv, ISR, 63432
Bank Hapoalim BM is an Israeli bank that operates hundreds of full-service retail branches focusing on households, small businesses, and private banking to high-net-worth individuals. The bank offers a range of banking and payments products, capital market and foreign trade facilities, and a full gamut of financial planning advisory services, including pension and retirement planning. Its private banking division offers wealth management services and has a global presence. Most of its net revenue is derived from net interest income in the corporate and household segments. The bank's strategy emphasizes its competitive positioning in Israel, diversification of revenue sources, operational efficiency, and financial technology.