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UCO Bank (BOM:532505) E10 : ₹-5.01 (As of Mar. 2024)


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What is UCO 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.

UCO Bank's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-5.01 for the trailing ten years ended in Mar. 2024.

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 (2024-06-11), UCO Bank's current stock price is ₹56.37. UCO Bank's E10 for the quarter that ended in Mar. 2024 was ₹-5.01. UCO Bank's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of UCO Bank was 103.86. The lowest was 0.96. And the median was 1.86.


UCO Bank E10 Historical Data

The historical data trend for UCO 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.

UCO Bank E10 Chart

UCO Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.68 0.14 -4.27 -5.53 -5.01

UCO Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -5.92 -5.53 -3.46 -4.35 -5.01

Competitive Comparison of UCO Bank's E10

For the Banks - Regional subindustry, UCO 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.


UCO Bank's Shiller PE Ratio Distribution in the Banks Industry

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

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



UCO 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, UCO Bank'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)
=0.45/153.0345*153.0345
=0.450

Current CPI (Mar. 2024) = 153.0345.

UCO Bank Quarterly Data

per share eps CPI Adj_EPS
201403 3.150 91.425 5.273
201406 5.140 94.103 8.359
201409 1.020 96.780 1.613
201412 2.990 96.780 4.728
201503 2.050 97.163 3.229
201506 2.390 99.841 3.663
201509 1.450 101.753 2.181
201512 -13.920 102.901 -20.702
201603 -15.950 102.518 -23.809
201606 -3.660 105.961 -5.286
201609 -2.960 105.961 -4.275
201612 -2.900 105.196 -4.219
201703 -3.770 105.196 -5.484
201706 -4.250 107.109 -6.072
201709 -3.580 109.021 -5.025
201712 -5.440 109.404 -7.609
201803 -11.400 109.786 -15.891
201806 -2.080 111.317 -2.860
201809 -2.870 115.142 -3.815
201812 -2.530 115.142 -3.363
201903 -3.590 118.202 -4.648
201906 -0.870 120.880 -1.101
201909 -1.210 123.175 -1.503
201912 -1.113 126.235 -1.349
202003 0.017 124.705 0.021
202006 0.020 127.000 0.024
202009 0.030 130.118 0.035
202012 0.040 130.889 0.047
202103 0.060 131.771 0.070
202106 0.080 134.084 0.091
202109 0.170 135.847 0.192
202112 0.260 138.161 0.288
202203 0.280 138.822 0.309
202206 0.100 142.347 0.108
202209 0.420 144.661 0.444
202212 0.550 145.763 0.577
202303 0.470 146.865 0.490
202309 34.000 151.492 34.346
202312 0.420 152.924 0.420
202403 0.450 153.035 0.450

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


UCO Bank  (BOM:532505) 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.

During the past 13 years, the highest Shiller P/E Ratio of UCO Bank was 103.86. The lowest was 0.96. And the median was 1.86.


Be Aware

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


UCO Bank E10 Related Terms

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


UCO Bank (BOM:532505) Business Description

Traded in Other Exchanges
Address
No. 10, Barbourne Road, B. T. M Sarani, 7th Foor, Kolkata, WB, IND, 700 001
UCO Bank is an Indian commercial bank. The company generates the majority of revenue domestically. The bank organizes itself into three segments: Treasury operations, Corporate banking operations, Retail banking operations, and Other Banking. These are corporate banking operations, which are involved with working-capital financing, term loans, infrastructure finance, finance to importers and exporters, agriculture credit, foreign currency loans, and small and midsize enterprise lending. The bank also offers deposits, salary accounts, home loans, personal loans, debit cards, mobile banking, government bonds, pension schemes, tax collection services, insurance products, mutual funds, and money transfer.

UCO Bank (BOM:532505) Headlines

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