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EQB (EQGPF) E10 : $5.12 (As of Jan. 2025)


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What is EQB 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.

EQB's adjusted earnings per share data for the three months ended in Jan. 2025 was $1.925. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $5.12 for the trailing ten years ended in Jan. 2025.

During the past 12 months, EQB's average E10 Growth Rate was 10.70% per year. During the past 3 years, the average E10 Growth Rate was 19.00% per year. During the past 5 years, the average E10 Growth Rate was 16.40% per year. During the past 10 years, the average E10 Growth Rate was 14.80% 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 EQB was 19.00% per year. The lowest was 13.10% per year. And the median was 14.40% per year.

As of today (2025-03-14), EQB's current stock price is $66.2851. EQB's E10 for the quarter that ended in Jan. 2025 was $5.12. EQB's Shiller PE Ratio of today is 12.95.

During the past 13 years, the highest Shiller PE Ratio of EQB was 16.98. The lowest was 6.44. And the median was 11.65.


EQB E10 Historical Data

The historical data trend for EQB'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.

EQB E10 Chart

EQB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Oct24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.98 3.25 4.06 4.32 5.24

EQB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Jan24 Apr24 Jul24 Oct24 Jan25
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 5.09 5.15 5.24 5.24 5.12

Competitive Comparison of EQB's E10

For the Banks - Regional subindustry, EQB'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.


EQB's Shiller PE Ratio Distribution in the Banks Industry

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

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



EQB 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, EQB's adjusted earnings per share data for the three months ended in Jan. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=1.925/127.3637*127.3637
=1.925

Current CPI (Jan. 2025) = 127.3637.

EQB Quarterly Data

per share eps CPI Adj_EPS
201412 0.694 98.367 0.899
201503 0.717 99.789 0.915
201506 0.833 100.500 1.056
201509 0.727 100.421 0.922
201512 0.704 99.947 0.897
201603 0.646 101.054 0.814
201606 0.795 102.002 0.993
201609 0.824 101.765 1.031
201612 0.960 101.449 1.205
201703 0.949 102.634 1.178
201706 0.857 103.029 1.059
201709 0.900 103.345 1.109
201712 0.924 103.345 1.139
201803 0.905 105.004 1.098
201806 0.834 105.557 1.006
201809 1.074 105.636 1.295
201812 0.871 105.399 1.053
201903 0.905 106.979 1.077
201906 1.185 107.690 1.401
201909 1.201 107.611 1.421
201912 1.223 107.769 1.445
202003 0.523 107.927 0.617
202006 1.125 108.401 1.322
202009 1.625 108.164 1.913
202012 1.612 108.559 1.891
202103 1.575 110.298 1.819
202106 1.653 111.720 1.884
202109 1.634 112.905 1.843
202112 1.781 113.774 1.994
202203 1.983 117.646 2.147
202206 1.304 120.806 1.375
202209 1.664 120.648 1.757
202212 0.839 120.964 0.883
202303 1.871 122.702 1.942
202306 2.552 124.203 2.617
202401 1.982 125.072 2.018
202404 1.953 126.890 1.960
202407 2.071 128.075 2.060
202410 1.410 127.838 1.405
202501 1.925 127.364 1.925

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


EQB  (OTCPK:EQGPF) 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.

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

Shiller PE Ratio=Share Price/E10
=66.2851/5.12
=12.95

* 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 EQB was 16.98. The lowest was 6.44. And the median was 11.65.


Be Aware

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


EQB E10 Related Terms

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


EQB Business Description

Traded in Other Exchanges
Address
30 St. Clair Avenue West, Suite 700, Toronto, ON, CAN, M4V 3A1
EQB Inc operates through its wholly owned subsidiary, Equitable Bank, Canada's Challenger BankTM. It serves Canadians through two business lines, Personal Banking and Business Banking. The company differentiates by providing a host of challenger bank deposit services, alternative single-family lending, reverse mortgage lending, insurance lending, Specialized finance, Commercial finance group, Equipment financing, credit union services and trust services.