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Preferred Bank (FRA:1IU) E10 : €6.23 (As of Dec. 2024)


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What is Preferred 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.

Preferred Bank's adjusted earnings per share data for the three months ended in Dec. 2024 was €2.149. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €6.23 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Preferred Bank's average E10 Growth Rate was -100.00% 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 Preferred Bank was 34.30% per year. The lowest was -56.50% per year. And the median was 23.90% per year.

As of today (2025-03-18), Preferred Bank's current stock price is €74.50. Preferred Bank's E10 for the quarter that ended in Dec. 2024 was €6.23. Preferred Bank's Shiller PE Ratio of today is 11.96.

During the past 13 years, the highest Shiller PE Ratio of Preferred Bank was 437.86. The lowest was 9.20. And the median was 17.11.


Preferred Bank E10 Historical Data

The historical data trend for Preferred 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.

Preferred Bank E10 Chart

Preferred Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.36 3.26 4.35 5.16 6.23

Preferred Bank Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 5.16 5.44 5.70 5.70 6.23

Competitive Comparison of Preferred Bank's E10

For the Banks - Regional subindustry, Preferred 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.


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

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

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



Preferred 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, Preferred Bank's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2.149/133.1571*133.1571
=2.149

Current CPI (Dec. 2024) = 133.1571.

Preferred Bank Quarterly Data

per share eps CPI Adj_EPS
201503 0.444 99.621 0.593
201506 0.490 100.684 0.648
201509 0.508 100.392 0.674
201512 0.496 99.792 0.662
201603 0.503 100.470 0.667
201606 0.543 101.688 0.711
201609 0.615 101.861 0.804
201612 0.664 101.863 0.868
201703 0.664 102.862 0.860
201706 0.712 103.349 0.917
201709 0.789 104.136 1.009
201712 0.431 104.011 0.552
201803 0.884 105.290 1.118
201806 0.976 106.317 1.222
201809 1.028 106.507 1.285
201812 1.072 105.998 1.347
201903 1.089 107.251 1.352
201906 1.159 108.070 1.428
201909 1.199 108.329 1.474
201912 1.179 108.420 1.448
202003 0.977 108.902 1.195
202006 0.915 108.767 1.120
202009 0.976 109.815 1.183
202012 1.151 109.897 1.395
202103 1.193 111.754 1.421
202106 1.195 114.631 1.388
202109 1.496 115.734 1.721
202112 1.593 117.630 1.803
202203 1.580 121.301 1.734
202206 1.769 125.017 1.884
202209 2.424 125.227 2.578
202212 2.549 125.222 2.711
202303 2.438 127.348 2.549
202306 2.409 128.729 2.492
202309 2.539 129.860 2.603
202312 2.384 129.419 2.453
202403 2.245 131.776 2.269
202406 2.304 132.554 2.314
202409 2.216 133.029 2.218
202412 2.149 133.157 2.149

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


Preferred Bank  (FRA:1IU) 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.

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

Shiller PE Ratio=Share Price/E10
=74.50/6.23
=11.96

* 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 Preferred Bank was 437.86. The lowest was 9.20. And the median was 17.11.


Be Aware

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


Preferred Bank E10 Related Terms

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


Preferred Bank Business Description

Traded in Other Exchanges
Address
601 South Figueroa Street, 48th Floor, Los Angeles, CA, USA, 90017
Preferred Bank is a commercial bank located in California. Its products and services are divided into Personal Banking, Business Banking, and Commercial Banking which includes Checking accounts, Savings accounts, CDs, Loans and Credit, Electronic banking and Treasury Management. It provides personalized deposit services, real estate finance, commercial loans, and trade finance credit facilities to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals and high-net-worth individuals. The bank generates a majority of its revenue from Southern and Northern California and Flushing.

Preferred Bank Headlines

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