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Banca Mediolanum (Banca Mediolanum) E10 : $0.80 (As of Mar. 2024)


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What is Banca Mediolanum 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.

Banca Mediolanum's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.322. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Banca Mediolanum's average E10 Growth Rate was 5.40% per year. During the past 3 years, the average E10 Growth Rate was 12.10% per year. During the past 5 years, the average E10 Growth Rate was 11.00% 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 Banca Mediolanum was 12.50% per year. The lowest was 11.40% per year. And the median was 12.10% per year.

As of today (2024-06-08), Banca Mediolanum's current stock price is $10.45. Banca Mediolanum's E10 for the quarter that ended in Mar. 2024 was $0.80. Banca Mediolanum's Shiller PE Ratio of today is 13.06.

During the past 13 years, the highest Shiller PE Ratio of Banca Mediolanum was 19.21. The lowest was 8.14. And the median was 12.53.


Banca Mediolanum E10 Historical Data

The historical data trend for Banca Mediolanum'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.

Banca Mediolanum E10 Chart

Banca Mediolanum 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 0.59 0.65 0.75 0.58 0.75

Banca Mediolanum 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 0.54 0.77 0.77 0.75 0.80

Competitive Comparison of Banca Mediolanum's E10

For the Banks - Regional subindustry, Banca Mediolanum'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.


Banca Mediolanum's Shiller PE Ratio Distribution in the Banks Industry

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

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



Banca Mediolanum 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, Banca Mediolanum's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.322/120.2000*120.2000
=0.322

Current CPI (Mar. 2024) = 120.2000.

Banca Mediolanum Quarterly Data

per share eps CPI Adj_EPS
201406 0.154 100.093 0.185
201409 0.425 99.814 0.512
201412 0.126 99.721 0.152
201503 0.200 99.814 0.241
201506 0.136 100.279 0.163
201509 0.126 100.000 0.151
201512 0.187 99.814 0.225
201603 0.110 99.600 0.133
201606 0.148 99.900 0.178
201609 0.204 100.100 0.245
201612 0.124 100.300 0.149
201703 0.123 101.000 0.146
201706 0.170 101.100 0.202
201709 0.133 101.200 0.158
201712 0.162 101.200 0.192
201803 0.100 101.800 0.118
201806 0.183 102.400 0.215
201809 0.153 102.600 0.179
201812 -0.025 102.300 -0.029
201903 0.111 102.800 0.130
201906 0.151 103.100 0.176
201909 0.170 102.900 0.199
201912 0.423 102.800 0.495
202003 0.108 102.900 0.126
202006 0.119 102.900 0.139
202009 0.159 102.300 0.187
202012 0.304 102.600 0.356
202103 0.215 103.700 0.249
202106 0.220 104.200 0.254
202109 0.171 104.900 0.196
202112 0.517 106.600 0.583
202203 0.171 110.400 0.186
202206 0.182 112.500 0.194
202209 0.181 114.200 0.191
202212 0.184 119.000 0.186
202303 0.256 118.800 0.259
202306 0.270 119.700 0.271
202309 0.300 120.300 0.300
202312 0.366 119.700 0.368
202403 0.322 120.200 0.322

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


Banca Mediolanum  (OTCPK:BNMDF) 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.

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

Shiller PE Ratio=Share Price/E10
=10.45/0.8
=13.06

* 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 Banca Mediolanum was 19.21. The lowest was 8.14. And the median was 12.53.


Be Aware

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


Banca Mediolanum E10 Related Terms

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


Banca Mediolanum (Banca Mediolanum) Business Description

Traded in Other Exchanges
Address
Palazzo Meucci, Via Francesco Sforza, 15, Basiglio, ITA, 20080
Banca Mediolanum is an Italy-based company which provides banking and financial services. It operates with various segments namely Lending which includes Retail and Commercial Banking, Treasury activities which has trading and sales, Asset Management and Retail Brokerage. The company offers current accounts, mortgages and loan products; credit, debit, and rechargeable cards and investment products. Geographically, it operates the market of Italy, Spain, and Germany of which Italy accounts for a larger share of revenue.

Banca Mediolanum (Banca Mediolanum) Headlines

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