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CaixaBank (CaixaBank) E10 : $0.38 (As of Dec. 2023)


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What is CaixaBank 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.

CaixaBank's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.171. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.38 for the trailing ten years ended in Dec. 2023.

During the past 12 months, CaixaBank's average E10 Growth Rate was 24.10% per year. During the past 3 years, the average E10 Growth Rate was 26.00% per year. During the past 5 years, the average E10 Growth Rate was 14.00% 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 CaixaBank was 26.00% per year. The lowest was 4.60% per year. And the median was 19.50% per year.

As of today (2024-04-29), CaixaBank's current stock price is $5.29. CaixaBank's E10 for the quarter that ended in Dec. 2023 was $0.38. CaixaBank's Shiller PE Ratio of today is 13.92.

During the past 13 years, the highest Shiller PE Ratio of CaixaBank was 45.33. The lowest was 8.95. And the median was 12.15.


CaixaBank E10 Historical Data

The historical data trend for CaixaBank'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.

CaixaBank E10 Chart

CaixaBank 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 0.19 0.22 0.26 0.31 0.38

CaixaBank 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 0.31 0.31 0.35 0.35 0.38

Competitive Comparison of CaixaBank's E10

For the Banks - Regional subindustry, CaixaBank'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.


CaixaBank's Shiller PE Ratio Distribution in the Banks Industry

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

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



CaixaBank 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, CaixaBank'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)
=0.171/121.2698*121.2698
=0.171

Current CPI (Dec. 2023) = 121.2698.

CaixaBank Quarterly Data

per share eps CPI Adj_EPS
201403 0.048 100.139 0.058
201406 0.053 101.081 0.064
201409 0.052 100.441 0.063
201412 -0.003 100.251 -0.004
201503 0.070 99.474 0.085
201506 0.065 101.138 0.078
201509 0.056 99.559 0.068
201512 -0.034 100.268 -0.041
201603 0.051 98.638 0.063
201606 0.077 100.333 0.093
201609 0.063 99.737 0.077
201612 0.014 101.842 0.017
201703 0.072 100.896 0.087
201706 0.082 101.848 0.098
201709 0.129 101.524 0.154
201712 0.034 102.975 0.040
201803 0.145 102.122 0.172
201806 0.109 104.165 0.127
201809 0.092 103.818 0.107
201812 0.025 104.193 0.029
201903 0.101 103.488 0.118
201906 0.004 104.612 0.005
201909 0.119 103.905 0.139
201912 0.057 105.015 0.066
202003 0.017 103.469 0.020
202006 0.009 104.254 0.010
202009 0.103 103.521 0.121
202012 0.133 104.456 0.154
202103 0.707 104.857 0.818
202106 -0.107 107.102 -0.121
202109 0.109 107.669 0.123
202112 0.047 111.298 0.051
202203 0.097 115.153 0.102
202206 0.117 118.044 0.120
202209 0.113 117.221 0.117
202212 0.093 117.650 0.096
202303 0.122 118.948 0.124
202306 0.185 120.278 0.187
202309 0.217 121.343 0.217
202312 0.171 121.270 0.171

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


CaixaBank  (OTCPK:CIXPF) 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.

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

Shiller PE Ratio=Share Price/E10
=5.29/0.38
=13.92

* 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 CaixaBank was 45.33. The lowest was 8.95. And the median was 12.15.


Be Aware

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


CaixaBank E10 Related Terms

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


CaixaBank (CaixaBank) Business Description

Address
Calle Pintor Sorolla, 2-4, Valencia, ESP, 46002
CaixaBank SA is a Spanish bank that combines banking, insurance, and equity investment businesses. The group has a sizable customer base and extensive banking network in Spain, with a large number of branches and ATMs, spread throughout the country. The bank's global operations include retail banking, corporate banking, cash management, surplus management, and the allocation of income from financing the equity investment business. A majority of its equity investment business is in the global financial services sector. Most of the bank's revenue is derived from traditional banking net interest income, with the remainder coming from fees and commissions.

CaixaBank (CaixaBank) Headlines

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