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Bank Bradesco (BUE:BBD) E10 : ARS964.26 (As of Sep. 2024)


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What is Bank Bradesco 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 Bradesco's adjusted earnings per share data for the three months ended in Sep. 2024 was ARS75.521. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ARS964.26 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Bank Bradesco's average E10 Growth Rate was 4.00% per year. During the past 3 years, the average E10 Growth Rate was -78.00% per year. During the past 5 years, the average E10 Growth Rate was -64.10% 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 Bradesco was 6.30% per year. The lowest was -78.10% per year. And the median was 3.70% per year.

As of today (2024-12-11), Bank Bradesco's current stock price is ARS2260.00. Bank Bradesco's E10 for the quarter that ended in Sep. 2024 was ARS964.26. Bank Bradesco's Shiller PE Ratio of today is 2.34.

During the past 13 years, the highest Shiller PE Ratio of Bank Bradesco was 4.98. The lowest was 0.04. And the median was 3.41.


Bank Bradesco E10 Historical Data

The historical data trend for Bank Bradesco'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 Bradesco E10 Chart

Bank Bradesco 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 7,147.07 12,055.10 16,541.30 257.61 833.27

Bank Bradesco Quarterly Data
Dec16 Dec17 Dec18 Dec19 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 685.44 833.27 939.07 1,037.10 964.26

Competitive Comparison of Bank Bradesco's E10

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

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

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



Bank Bradesco 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 Bradesco'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)
=75.521/162.3424*162.3424
=75.521

Current CPI (Sep. 2024) = 162.3424.

Bank Bradesco Quarterly Data

per share eps CPI Adj_EPS
200509 0.182 57.859 0.511
200512 0.262 58.824 0.723
200603 0.222 59.670 0.604
200606 0.222 59.729 0.603
200609 0.032 59.998 0.087
200612 0.395 60.672 1.057
200703 0.248 61.434 0.655
200706 0.361 61.933 0.946
200709 0.298 62.486 0.774
200712 0.388 63.377 0.994
200803 0.338 64.339 0.853
200806 0.358 65.686 0.885
200812 0.925 67.118 2.237
200912 1.810 70.012 4.197
201012 2.106 74.149 4.611
201112 2.284 78.971 4.695
201212 2.377 83.581 4.617
201312 2.972 88.522 5.450
201412 2.208 94.194 3.805
201512 5.391 104.247 8.395
201612 7.546 110.802 11.056
201712 8.839 114.068 12.580
201812 14.363 118.340 19.704
201912 27.272 123.436 35.868
202012 22.289 129.012 28.047
202103 8.792 131.660 10.841
202106 8.477 133.871 10.280
202109 9.817 137.913 11.556
202112 9.644 141.992 11.026
202203 15.535 146.537 17.211
202206 15.495 149.784 16.794
202209 12.720 147.800 13.972
202212 1.598 150.207 1.727
202303 18.205 153.352 19.272
202306 17.801 154.519 18.702
202309 21.258 155.464 22.199
202312 9.578 157.148 9.895
202403 62.598 159.372 63.765
202406 61.517 161.052 62.010
202409 75.521 162.342 75.521

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


Bank Bradesco  (BUE:BBD) 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 Bradesco's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2260.00/964.26
=2.34

* 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 Bradesco was 4.98. The lowest was 0.04. And the median was 3.41.


Be Aware

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


Bank Bradesco E10 Related Terms

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


Bank Bradesco Business Description

Address
Cidade de Deus S/N, Silver Building, 4th floor, Vila Yara, Osasco, SP, BRA, 06029?900
Banco Bradesco is Brazil's second-largest private bank, with about 15% of deposits, and the largest insurance provider in Brazil, with roughly 20%-25% market share. The bank is majority controlled by the Bradesco foundation—a private nonprofit institution focused on education. Banking provides roughly 70% of profits, while the insurance segment contributes the remaining 30%. The bank is also a major asset manager with high-single-digit market share. In 2016, Bradesco acquired the Brazilian operations of HSBC.