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DBH Finance (DHA:DBH) E10 : BDT5.10 (As of Sep. 2023)


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What is DBH Finance 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.

DBH Finance's adjusted earnings per share data for the three months ended in Sep. 2023 was BDT1.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is BDT5.10 for the trailing ten years ended in Sep. 2023.

During the past 12 months, DBH Finance's average E10 Growth Rate was -1.90% 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 (2024-05-05), DBH Finance's current stock price is BDT38.40. DBH Finance's E10 for the quarter that ended in Sep. 2023 was BDT5.10. DBH Finance's Shiller PE Ratio of today is 7.53.

During the past 13 years, the highest Shiller PE Ratio of DBH Finance was 11.61. The lowest was 5.87. And the median was 10.90.


DBH Finance E10 Historical Data

The historical data trend for DBH Finance'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.

DBH Finance E10 Chart

DBH Finance Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 11.27 4.88

DBH Finance Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 5.20 4.88 4.96 5.03 5.10

Competitive Comparison of DBH Finance's E10

For the Credit Services subindustry, DBH Finance'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.


DBH Finance's Shiller PE Ratio Distribution in the Credit Services Industry

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

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



DBH Finance 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, DBH Finance's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.2/129.8595*129.8595
=1.200

Current CPI (Sep. 2023) = 129.8595.

DBH Finance Quarterly Data

per share eps CPI Adj_EPS
201312 0.321 98.326 0.424
201403 1.202 99.695 1.566
201406 0.794 100.560 1.025
201409 0.782 100.428 1.011
201412 0.455 99.070 0.596
201503 1.400 99.621 1.825
201506 0.799 100.684 1.031
201509 0.899 100.392 1.163
201512 0.548 99.792 0.713
201603 1.605 100.470 2.074
201606 0.900 101.688 1.149
201609 1.011 101.861 1.289
201612 -1.850 101.863 -2.358
201703 1.856 102.862 2.343
201706 1.060 103.349 1.332
201709 1.121 104.136 1.398
201712 0.735 104.011 0.918
201803 2.278 105.290 2.810
201806 0.890 106.317 1.087
201809 1.119 106.507 1.364
201812 1.193 105.998 1.462
201903 2.103 107.251 2.546
201906 0.837 108.070 1.006
201909 1.186 108.329 1.422
201912 1.271 108.420 1.522
202003 1.302 108.902 1.553
202006 0.062 108.767 0.074
202009 1.381 109.815 1.633
202012 1.736 109.897 2.051
202103 1.560 111.754 1.813
202106 0.941 114.631 1.066
202109 1.578 115.734 1.771
202112 1.167 117.630 1.288
202203 1.559 121.301 1.669
202206 1.200 125.017 1.246
202209 1.200 125.227 1.244
202212 1.148 125.222 1.191
202303 1.314 127.348 1.340
202306 1.150 128.729 1.160
202309 1.200 129.860 1.200

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


DBH Finance  (DHA:DBH) 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.

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

Shiller PE Ratio=Share Price/E10
=38.40/5.1
=7.53

* 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 DBH Finance was 11.61. The lowest was 5.87. And the median was 10.90.


Be Aware

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


DBH Finance E10 Related Terms

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


DBH Finance (DHA:DBH) Business Description

Traded in Other Exchanges
N/A
Address
12-14 Gulshan North C/A, Landmark Building, 9th Floor, Gulshan-2, Dhaka, BGD, 1212
DBH Finance PLC provides financial services. The company provides loans for the construction of houses, purchases of flats or houses, extensions and improvements of existing houses or flats, and purchases of housing plots. The Company has also various investment and financing products like term deposit schemes, cumulative deposits, triple money deposits, double money deposits, annual income deposits, quarterly income deposits, monthly income deposits, easy way deposits, etc. for its individual and corporate clients.

DBH Finance (DHA:DBH) Headlines

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