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CSBB (CSB Bancorp) E10 : $4.23 (As of Sep. 2024)


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What is CSB Bancorp 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.

CSB Bancorp's adjusted earnings per share data for the three months ended in Sep. 2024 was $1.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.23 for the trailing ten years ended in Sep. 2024.

During the past 12 months, CSB Bancorp's average E10 Growth Rate was 6.50% per year. During the past 3 years, the average E10 Growth Rate was 14.20% per year. During the past 5 years, the average E10 Growth Rate was 13.60% per year. During the past 10 years, the average E10 Growth Rate was 10.80% 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 CSB Bancorp was 14.20% per year. The lowest was -10.30% per year. And the median was 10.10% per year.

As of today (2024-12-12), CSB Bancorp's current stock price is $38.15. CSB Bancorp's E10 for the quarter that ended in Sep. 2024 was $4.23. CSB Bancorp's Shiller PE Ratio of today is 9.02.

During the past 13 years, the highest Shiller PE Ratio of CSB Bancorp was 21.48. The lowest was 8.76. And the median was 13.94.


CSB Bancorp E10 Historical Data

The historical data trend for CSB Bancorp'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.

CSB Bancorp E10 Chart

CSB Bancorp 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 2.44 2.71 3.14 3.62 4.04

CSB Bancorp 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 3.97 4.04 4.15 4.17 4.23

Competitive Comparison of CSB Bancorp's E10

For the Banks - Regional subindustry, CSB Bancorp'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.


CSB Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

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



CSB Bancorp 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, CSB Bancorp'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)
=1.18/133.0289*133.0289
=1.180

Current CPI (Sep. 2024) = 133.0289.

CSB Bancorp Quarterly Data

per share eps CPI Adj_EPS
201412 0.530 99.070 0.712
201503 0.490 99.621 0.654
201506 0.550 100.684 0.727
201509 0.570 100.392 0.755
201512 0.590 99.792 0.787
201603 0.540 100.470 0.715
201606 0.590 101.688 0.772
201609 0.610 101.861 0.797
201612 0.720 101.863 0.940
201703 0.630 102.862 0.815
201706 0.630 103.349 0.811
201709 0.680 104.136 0.869
201712 0.650 104.011 0.831
201803 0.790 105.290 0.998
201806 0.850 106.317 1.064
201809 0.880 106.507 1.099
201812 0.910 105.998 1.142
201903 0.930 107.251 1.154
201906 0.940 108.070 1.157
201909 0.980 108.329 1.203
201912 0.950 108.420 1.166
202003 0.910 108.902 1.112
202006 0.950 108.767 1.162
202009 1.020 109.815 1.236
202012 0.970 109.897 1.174
202103 1.050 111.754 1.250
202106 1.000 114.631 1.160
202109 1.060 115.734 1.218
202112 0.850 117.630 0.961
202203 0.990 121.301 1.086
202206 1.180 125.017 1.256
202209 1.350 125.227 1.434
202212 1.390 125.222 1.477
202303 1.460 127.348 1.525
202306 1.360 128.729 1.405
202309 1.300 129.860 1.332
202312 1.380 129.419 1.418
202403 1.100 131.776 1.110
202406 0.610 132.554 0.612
202409 1.180 133.029 1.180

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


CSB Bancorp  (OTCPK:CSBB) 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.

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

Shiller PE Ratio=Share Price/E10
=38.15/4.23
=9.02

* 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 CSB Bancorp was 21.48. The lowest was 8.76. And the median was 13.94.


Be Aware

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


CSB Bancorp E10 Related Terms

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


CSB Bancorp Business Description

Traded in Other Exchanges
N/A
Address
91 North Clay Street, P.O. Box 232, Millersburg, OH, USA, 44654
CSB Bancorp Inc is a registered financial holding company that operates through the Bank and CSB Investment Services LLC, providing a wide range of banking, trust, financial, and brokerage services to corporate, institutional, and individual customers throughout northeast Ohio. The Bank provides retail and commercial banking services to its customers, including checking and savings accounts, time deposits, IRAs, safe deposit facilities, personal loans, commercial loans, real estate mortgage loans, installment loans, night depository facilities, brokerage, and trust services. The Bank provides residential real estate, commercial real estate, and commercial, and consumer loans to customers located in Holmes, Stark, Tuscarawas, Wayne, and portions of surrounding counties in Ohio.
Executives
Robert K Baker director, other: Chairman of the Board P.O. BOX 913, KILLBUCK OH 44637
Julian L Coblentz director 91 NORTH CLAY STREET, MILLERSBURG OH 44654
Cheryl M Kirkbride director 91 N CLAY STREET, MILLERSBURG OH 44654
Eddie L Steiner director 14950 HACKETT ROAD, APPLE CREEK OH 44606
Vikki G Briggs director 91 N CLAY STREET, MILLERSBURG OH 44654
Brett A. Gallion officer: SVP/COO/CIO 91 N. CLAY STREET, MILLERSBURG OH 44654
Paula J Meiler officer: Senior Vice President 30186 MOUNTZ RD, SALEM OH 44460
Jeffery A Robb director 4700 JAEGER DR, THORNVILLE OH 43076
Daniel J Miller director P.O. BOX 143, WALNUT CREEK OH 44687
John R Waltman director 24 HILLSIDE DRIVE, MILLERSBURG OH 44654
Margaret L Conn officer: Corporate Secretary 105 MARK AVENUE, KILLBUCK OH 44637
Steven R Bailey officer: SVP/COO/CIO 91 NORTH CLAY STREET, MILLERSBURG OH 44654
J Thomas Lang director 7109 STATE ROUTE 514, BIG PRAIRIE OH 44611
Manning William R Jr officer: SVP/COO/CIO 91 NORTH CLAY STREET, MILLERSBURG OH 44654
A Lee Miller officer: Senior Vice President 5046 TOWNSHIP ROAD 376, MILLERSBURG OH 44654