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First Financial Holding Co (First Financial Holding Co) E10 : $0.59 (As of Dec. 2023)


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What is First Financial Holding Co 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.

First Financial Holding Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.59 for the trailing ten years ended in Dec. 2023.

During the past 12 months, First Financial Holding Co's average E10 Growth Rate was 6.80% per year. During the past 3 years, the average E10 Growth Rate was 9.70% 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 First Financial Holding Co was 9.70% per year. The lowest was 9.20% per year. And the median was 9.45% per year.

As of today (2024-05-21), First Financial Holding Co's current stock price is $10.31577. First Financial Holding Co's E10 for the quarter that ended in Dec. 2023 was $0.59. First Financial Holding Co's Shiller PE Ratio of today is 17.48.

During the past 13 years, the highest Shiller PE Ratio of First Financial Holding Co was 20.20. The lowest was 15.10. And the median was 17.29.


First Financial Holding Co E10 Historical Data

The historical data trend for First Financial Holding Co'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.

First Financial Holding Co E10 Chart

First Financial Holding Co 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 0.54 0.61 0.59 0.59 0.59

First Financial Holding Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.59 0.61 0.60 0.61 0.59

Competitive Comparison of First Financial Holding Co's E10

For the Banks - Regional subindustry, First Financial Holding Co'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.


First Financial Holding Co's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where First Financial Holding Co's Shiller PE Ratio falls into.



First Financial Holding Co 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, First Financial Holding Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.16/129.4194*129.4194
=0.160

Current CPI (Dec. 2023) = 129.4194.

First Financial Holding Co Quarterly Data

per share eps CPI Adj_EPS
201403 0.203 99.695 0.264
201406 0.236 100.560 0.304
201409 0.195 100.428 0.251
201412 0.129 99.070 0.169
201503 0.225 99.621 0.292
201506 0.212 100.684 0.273
201509 0.199 100.392 0.257
201512 0.177 99.792 0.230
201603 0.200 100.470 0.258
201606 0.196 101.688 0.249
201609 0.217 101.861 0.276
201612 0.179 101.863 0.227
201703 0.211 102.862 0.265
201706 0.255 103.349 0.319
201709 0.253 104.136 0.314
201712 0.024 104.011 0.030
201803 0.230 105.290 0.283
201806 0.241 106.317 0.293
201809 0.226 106.507 0.275
201812 0.143 105.998 0.175
201903 0.231 107.251 0.279
201906 0.234 108.070 0.280
201909 0.261 108.329 0.312
201912 0.193 108.420 0.230
202003 0.144 108.902 0.171
202006 0.286 108.767 0.340
202009 0.235 109.815 0.277
202012 0.182 109.897 0.214
202103 0.263 111.754 0.305
202106 0.302 114.631 0.341
202109 0.294 115.734 0.329
202112 0.168 117.630 0.185
202203 0.253 121.301 0.270
202206 0.256 125.017 0.265
202209 0.288 125.227 0.298
202212 0.196 125.222 0.203
202303 0.318 127.348 0.323
202306 0.302 128.729 0.304
202309 0.268 129.860 0.267
202312 0.160 129.419 0.160

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


First Financial Holding Co  (GREY:FFHMY) 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.

First Financial Holding Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=10.31577/0.59
=17.48

* 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 First Financial Holding Co was 20.20. The lowest was 15.10. And the median was 17.29.


Be Aware

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


First Financial Holding Co E10 Related Terms

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


First Financial Holding Co (First Financial Holding Co) Business Description

Traded in Other Exchanges
Address
No. 30, Chongqing South Road, 18th Floor, Section 1, Taipei, TWN, 100
First Financial Holding Co Ltd is a financial services holding company that consists of various subsidiaries. Most of the company's activities are overwhelmingly concentrated in Taiwan. Its largest revenue-contributing subsidiary, First Bank, derives most of its net revenue from net interest income. First Bank's expansion strategy targets China and Southeast Asia, as well as developed economies across the globe. First Bank emphasizes distribution chain financing and has adjusted its loan portfolio away from capital-intensive lending, together with a focus on fee-based businesses. The company also engages in asset management, securities trading, brokerage services, insurance, venture capital, consulting, and distressed asset investing.

First Financial Holding Co (First Financial Holding Co) Headlines

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