GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Columbia Banking System Inc (NAS:COLB) » Definitions » E10

COLB (Columbia Banking System) E10 : $0.81 (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Columbia Banking System 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.

Columbia Banking System's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.81 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Columbia Banking System's average E10 Growth Rate was 22.70% per year. During the past 3 years, the average E10 Growth Rate was 28.60% per year. During the past 5 years, the average E10 Growth Rate was -0.30% per year. During the past 10 years, the average E10 Growth Rate was -1.10% 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 Columbia Banking System was 28.60% per year. The lowest was -15.70% per year. And the median was -7.20% per year.

As of today (2024-12-15), Columbia Banking System's current stock price is $29.37. Columbia Banking System's E10 for the quarter that ended in Sep. 2024 was $0.81. Columbia Banking System's Shiller PE Ratio of today is 36.26.

During the past 13 years, the highest Shiller PE Ratio of Columbia Banking System was 47.05. The lowest was 24.18. And the median was 33.03.


Columbia Banking System E10 Historical Data

The historical data trend for Columbia Banking System'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.

Columbia Banking System E10 Chart

Columbia Banking System 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 1.02 0.32 0.46 0.61 0.68

Columbia Banking System Quarterly Data
Dec19 Mar20 Jun20 Sep20 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 0.66 0.68 0.73 0.78 0.81

Competitive Comparison of Columbia Banking System's E10

For the Banks - Regional subindustry, Columbia Banking System'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.


Columbia Banking System's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Columbia Banking System's Shiller PE Ratio falls into.



Columbia Banking System 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, Columbia Banking System'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)
=0.7/133.0289*133.0289
=0.700

Current CPI (Sep. 2024) = 133.0289.

Columbia Banking System Quarterly Data

per share eps CPI Adj_EPS
201412 0.240 99.070 0.322
201503 0.210 99.621 0.280
201506 0.250 100.684 0.330
201509 0.260 100.392 0.345
201512 0.290 99.792 0.387
201603 0.220 100.470 0.291
201606 0.250 101.688 0.327
201609 0.280 101.861 0.366
201612 0.310 101.863 0.405
201703 0.210 102.862 0.272
201706 0.260 103.349 0.335
201709 0.290 104.136 0.370
201712 0.380 104.011 0.486
201803 0.360 105.290 0.455
201806 0.300 106.317 0.375
201809 0.410 106.507 0.512
201812 0.360 105.998 0.452
201903 0.340 107.251 0.422
201906 0.510 108.070 0.628
201909 0.380 108.329 0.467
201912 0.380 108.420 0.466
202003 -8.410 108.902 -10.273
202006 0.240 108.767 0.294
202009 0.570 109.815 0.690
202012 0.680 109.897 0.823
202103 0.490 111.754 0.583
202106 0.530 114.631 0.615
202109 0.490 115.734 0.563
202112 0.410 117.630 0.464
202203 0.700 121.301 0.768
202206 0.610 125.017 0.649
202209 0.650 125.227 0.690
202212 0.380 125.222 0.404
202303 -0.090 127.348 -0.094
202306 0.640 128.729 0.661
202309 0.650 129.860 0.666
202312 0.450 129.419 0.463
202403 0.590 131.776 0.596
202406 0.570 132.554 0.572
202409 0.700 133.029 0.700

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


Columbia Banking System  (NAS:COLB) 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.

Columbia Banking System's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=29.37/0.81
=36.26

* 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 Columbia Banking System was 47.05. The lowest was 24.18. And the median was 33.03.


Be Aware

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


Columbia Banking System E10 Related Terms

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


Columbia Banking System Business Description

Traded in Other Exchanges
N/A
Address
1301 A Street, Tacoma, WA, USA, 98402-2156
Columbia Banking System Inc is a registered bank holding company whose wholly-owned banking subsidiary is Columbia State Bank. The company provides a full range of banking services to small and medium sized businesses, professionals, and individuals throughout Washington, Oregon, Idaho, and California. The company's subsidiary Columbia Trust Company is an Oregon trust company that provides agency, fiduciary, and other related trust services with offices in Washington, Oregon, and Idaho. The firm offers various products and services under Personal Banking, Business Banking, and Wealth Management divisions.
Executives
Elizabeth Whitehead Seaton director 1301 "A" STREET, SUITE 800, TACOMA WA 98402
Aaron James Deer officer: EVP Chief Financial Officer 1301 A STREET, TACOMA WA 98402
Randal Lee Lund director 1301 A STREET, TACOMA WA 98402
Luis Machuca director ITXC CORP, 14600 NW GREENBRIER PARKWAY, BEAVERTON OR 97006
Torran B Nixon officer: Senior Executive VP ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Mark A Finkelstein director C/O BLUCORA, INC., 10900 NE 8TH ST., STE. 800, BELLEVUE WA 98004
Numata S Mae Fujita director C/O COLUMBIA BANKING SYSTEM, INC., 1301 "A" STREET, TACOMA WA 98402
Craig D Eerkes director 41 W. RIVERSIDE AVE., SUITE 300, SPOKANE WA 99201
Clint Stein officer: EVP & CFO 1301 A STREET, SUITE 800, TACOMA WA 98402
Ron L Farnsworth officer: Chief Financial Officer 200 SW MARKET ST STE 1900, PORTLAND OR 97201
Eric Forrest director C/O PACIFIC CONTINENTAL BANK, 111 WEST SEVENTH AVENUE, OREGON OR 97440-2727
John F Schultz director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Frank Namdar officer: Chief Credit Officer ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Andrew H Ognall officer: IMO General Counsel ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Lisa M White officer: PAO & Corporate Controller 9285 NE TANASBOURNE DRIVE, HILLSBORO OR 97124