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DFCC Bank (COL:DFCC.N0000) E10 : රු13.87 (As of Mar. 2024)


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What is DFCC 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.

DFCC Bank's adjusted earnings per share data for the three months ended in Mar. 2024 was රු8.940. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is රු13.87 for the trailing ten years ended in Mar. 2024.

During the past 12 months, DFCC Bank's average E10 Growth Rate was 12.40% 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.

As of today (2024-05-26), DFCC Bank's current stock price is රු80.00. DFCC Bank's E10 for the quarter that ended in Mar. 2024 was රු13.87. DFCC Bank's Shiller PE Ratio of today is 5.77.

During the past 13 years, the highest Shiller PE Ratio of DFCC Bank was 7.14. The lowest was 2.37. And the median was 3.69.


DFCC Bank E10 Historical Data

The historical data trend for DFCC 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.

DFCC Bank E10 Chart

DFCC Bank Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -1,201.69 12.19 13.23

DFCC Bank 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 12.34 12.66 13.25 13.23 13.87

Competitive Comparison of DFCC Bank's E10

For the Banks - Regional subindustry, DFCC 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.


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

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

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



DFCC 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, DFCC 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)
=8.94/131.7762*131.7762
=8.940

Current CPI (Mar. 2024) = 131.7762.

DFCC Bank Quarterly Data

per share eps CPI Adj_EPS
201406 3.563 100.560 4.669
201409 2.891 100.428 3.793
201412 4.765 99.070 6.338
201503 2.614 99.621 3.458
201506 1.975 100.684 2.585
201509 1.698 100.392 2.229
201512 1.387 99.792 1.832
201603 3.026 100.470 3.969
201606 2.370 101.688 3.071
201609 3.026 101.861 3.915
201612 2.404 101.863 3.110
201703 4.127 102.862 5.287
201706 4.908 103.349 6.258
201709 1.353 104.136 1.712
201712 3.250 104.011 4.118
201803 3.496 105.290 4.375
201806 1.126 106.317 1.396
201809 1.572 106.507 1.945
201812 3.538 105.998 4.398
201903 1.874 107.251 2.303
201906 0.938 108.070 1.144
201909 2.739 108.329 3.332
201912 1.708 108.420 2.076
202003 2.949 108.902 3.568
202006 2.294 108.767 2.779
202009 2.294 109.815 2.753
202012 1.978 109.897 2.372
202103 4.446 111.754 5.243
202106 1.753 114.631 2.015
202109 3.218 115.734 3.664
202112 1.086 117.630 1.217
202203 1.453 121.301 1.578
202206 0.761 125.017 0.802
202209 1.219 125.227 1.283
202212 4.437 125.222 4.669
202303 4.970 127.348 5.143
202306 4.301 128.729 4.403
202309 7.246 129.860 7.353
202312 3.569 129.419 3.634
202403 8.940 131.776 8.940

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


DFCC Bank  (COL:DFCC.N0000) 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.

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

Shiller PE Ratio=Share Price/E10
=80.00/13.87
=5.77

* 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 DFCC Bank was 7.14. The lowest was 2.37. And the median was 3.69.


Be Aware

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


DFCC Bank E10 Related Terms

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


DFCC Bank (COL:DFCC.N0000) Business Description

Traded in Other Exchanges
N/A
Address
73/5, Galle Road, Colombo, LKA, 03
DFCC Bank PLC is a development bank operating along with its subsidiary and venture company in Sri Lanka that operates in four segments; Corporate Banking includes Loans deposits and other transactions and balances with corporate customers, Retail Banking includes Loans, deposits, and other transactions and balances with retail customers, The Treasury segment includes Funding and centralized risk management activities through borrowings, issues of debt securities, use of derivatives for risk management purposes and investing in short-term placements and corporate and government debt securities, and Other segment includes Revenue and expenses attributable to the incorporated business segments of industrial estate management, unit trust management, stock brokering, and consultancy services.

DFCC Bank (COL:DFCC.N0000) Headlines

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