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Bancontander Argentina (BUE:BRIO) E10 : ARS13.67 (As of Dec. 2023)


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What is Bancontander Argentina 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.

Bancontander Argentina's adjusted earnings per share data for the three months ended in Dec. 2023 was ARS37.331. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ARS13.67 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bancontander Argentina's average E10 Growth Rate was 90.10% per year. During the past 3 years, the average E10 Growth Rate was 104.40% per year. During the past 5 years, the average E10 Growth Rate was 70.30% per year. During the past 10 years, the average E10 Growth Rate was 43.60% 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 Bancontander Argentina was 104.40% per year. The lowest was 24.40% per year. And the median was 32.65% per year.

As of today (2024-05-14), Bancontander Argentina's current stock price is ARS33.50. Bancontander Argentina's E10 for the quarter that ended in Dec. 2023 was ARS13.67. Bancontander Argentina's Shiller PE Ratio of today is 2.45.

During the past 13 years, the highest Shiller PE Ratio of Bancontander Argentina was 41.05. The lowest was 2.45. And the median was 15.54.


Bancontander Argentina E10 Historical Data

The historical data trend for Bancontander Argentina'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.

Bancontander Argentina E10 Chart

Bancontander Argentina 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 1.27 1.60 2.19 7.19 13.67

Bancontander Argentina 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 7.19 7.91 8.83 10.00 13.67

Competitive Comparison of Bancontander Argentina's E10

For the Banks - Regional subindustry, Bancontander Argentina'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.


Bancontander Argentina's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Bancontander Argentina's Shiller PE Ratio falls into.



Bancontander Argentina 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, Bancontander Argentina'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)
=37.331/129.4194*129.4194
=37.331

Current CPI (Dec. 2023) = 129.4194.

Bancontander Argentina Quarterly Data

per share eps CPI Adj_EPS
201403 0.225 99.695 0.292
201406 0.146 100.560 0.188
201409 0.190 100.428 0.245
201412 0.187 99.070 0.244
201503 0.200 99.621 0.260
201506 0.210 100.684 0.270
201509 0.233 100.392 0.300
201512 0.333 99.792 0.432
201603 0.390 100.470 0.502
201606 0.316 101.688 0.402
201609 0.307 101.861 0.390
201612 0.380 101.863 0.483
201703 0.355 102.862 0.447
201706 0.270 103.349 0.338
201709 0.216 104.136 0.268
201712 1.275 104.011 1.586
201803 0.780 105.290 0.959
201806 0.526 106.317 0.640
201809 0.756 106.507 0.919
201812 0.697 105.998 0.851
201903 1.759 107.251 2.123
201906 1.599 108.070 1.915
201909 -0.579 108.329 -0.692
201912 -0.201 108.420 -0.240
202003 0.151 108.902 0.179
202006 1.222 108.767 1.454
202009 1.325 109.815 1.562
202012 0.902 109.897 1.062
202103 0.252 111.754 0.292
202106 0.523 114.631 0.590
202109 1.383 115.734 1.547
202112 2.765 117.630 3.042
202203 2.778 121.301 2.964
202206 11.954 125.017 12.375
202209 5.721 125.227 5.913
202212 28.547 125.222 29.504
202303 6.145 127.348 6.245
202306 8.524 128.729 8.570
202309 11.033 129.860 10.996
202312 37.331 129.419 37.331

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


Bancontander Argentina  (BUE:BRIO) 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.

Bancontander Argentina's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=33.50/13.67
=2.45

* 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 Bancontander Argentina was 41.05. The lowest was 2.45. And the median was 15.54.


Be Aware

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


Bancontander Argentina E10 Related Terms

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


Bancontander Argentina (BUE:BRIO) Business Description

Traded in Other Exchanges
N/A
Address
Bartolomé Mitre 480, Buenos Aires, ARG, 1036
Banco Santander Argentina SA Formerly Banco Santander Rio SA is a commercial bank and financial services company. It provides various banking products and services to individual and business customers, and small and medium-sized enterprises. The company offers savings and various accounts; and cards, insurance, and private banking services. It also provides collection and payment, foreign trade, investment, cash management and mutual fund, and transactional services. In addition, the company offers financing, treasury, investment banking, custody, and international and online banking services.

Bancontander Argentina (BUE:BRIO) Headlines

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