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City Bank (DHA:CITYBANK) E10 : BDT3.56 (As of Sep. 2024)


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What is City 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.

City Bank's adjusted earnings per share data for the three months ended in Sep. 2024 was BDT1.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is BDT3.56 for the trailing ten years ended in Sep. 2024.

During the past 12 months, City Bank's average E10 Growth Rate was 17.50% 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 (2024-12-12), City Bank's current stock price is BDT21.60. City Bank's E10 for the quarter that ended in Sep. 2024 was BDT3.56. City Bank's Shiller PE Ratio of today is 6.07.

During the past 13 years, the highest Shiller PE Ratio of City Bank was 7.17. The lowest was 5.33. And the median was 6.25.


City Bank E10 Historical Data

The historical data trend for City 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.

City Bank E10 Chart

City Bank 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 - - - 3.11 3.20

City Bank Quarterly Data
Sep19 Dec19 Mar20 Jun20 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 3.03 3.20 3.34 3.46 3.56

Competitive Comparison of City Bank's E10

For the Banks - Regional subindustry, City 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.


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

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

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



City 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, City Bank'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)
=1.49/133.0289*133.0289
=1.490

Current CPI (Sep. 2024) = 133.0289.

City Bank Quarterly Data

per share eps CPI Adj_EPS
201409 0.438 100.428 0.580
201412 0.322 99.070 0.432
201503 0.411 99.621 0.549
201506 0.705 100.684 0.931
201509 0.684 100.392 0.906
201512 1.006 99.792 1.341
201603 0.541 100.470 0.716
201606 1.033 101.688 1.351
201609 0.328 101.861 0.428
201612 1.224 101.863 1.598
201703 0.459 102.862 0.594
201706 1.085 103.349 1.397
201709 0.589 104.136 0.752
201712 0.560 104.011 0.716
201803 0.274 105.290 0.346
201806 0.792 106.317 0.991
201809 0.641 106.507 0.801
201812 -0.018 105.998 -0.023
201903 0.568 107.251 0.705
201906 0.842 108.070 1.036
201909 0.573 108.329 0.704
201912 0.008 108.420 0.010
202003 0.566 108.902 0.691
202006 0.230 108.767 0.281
202012 0.000 109.897 0.000
202103 0.768 111.754 0.914
202106 1.061 114.631 1.231
202109 0.758 115.734 0.871
202112 1.609 117.630 1.820
202203 0.660 121.301 0.724
202206 0.973 125.017 1.035
202209 0.845 125.227 0.898
202212 1.091 125.222 1.159
202303 0.664 127.348 0.694
202306 1.100 128.729 1.137
202309 1.050 129.860 1.076
202312 1.926 129.419 1.980
202403 0.682 131.776 0.688
202406 1.170 132.554 1.174
202409 1.490 133.029 1.490

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


City Bank  (DHA:CITYBANK) 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.

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

Shiller PE Ratio=Share Price/E10
=21.60/3.56
=6.07

* 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 City Bank was 7.17. The lowest was 5.33. And the median was 6.25.


Be Aware

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


City Bank E10 Related Terms

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


City Bank Business Description

Traded in Other Exchanges
N/A
Address
136, Bir Uttam Mir Shawkat Sarak (Gulshan Avenue), Gulshan-2, Dhaka, BGD, 1212
City Bank PLC operates as a commercial bank offering a range of depository, loan, and card products, and services. Its products and services include various types of savings and current accounts, personal loans, debit cards, credit cards, internet banking, corporate banking, SME banking, investment banking, and treasury and syndication services, among others. The company recognizes the majority of its revenue from interest, fees, commission, and investment income.

City Bank Headlines

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