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Bankwell Financial Group (FRA:33W) E10 : €2.44 (As of Mar. 2024)


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What is Bankwell Financial Group 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.

Bankwell Financial Group's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.442. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bankwell Financial Group's average E10 Growth Rate was 13.90% per year. During the past 3 years, the average E10 Growth Rate was 26.80% per year. During the past 5 years, the average E10 Growth Rate was 19.40% 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 Bankwell Financial Group was 26.80% per year. The lowest was 16.20% per year. And the median was 17.50% per year.

As of today (2024-05-16), Bankwell Financial Group's current stock price is €21.60. Bankwell Financial Group's E10 for the quarter that ended in Mar. 2024 was €2.44. Bankwell Financial Group's Shiller PE Ratio of today is 8.85.

During the past 13 years, the highest Shiller PE Ratio of Bankwell Financial Group was 37.17. The lowest was 8.77. And the median was 17.80.


Bankwell Financial Group E10 Historical Data

The historical data trend for Bankwell Financial Group'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.

Bankwell Financial Group E10 Chart

Bankwell Financial Group 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 1.20 0.99 1.49 2.08 2.42

Bankwell Financial Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.17 2.33 2.43 2.42 2.44

Competitive Comparison of Bankwell Financial Group's E10

For the Banks - Regional subindustry, Bankwell Financial Group'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.


Bankwell Financial Group's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Bankwell Financial Group's Shiller PE Ratio falls into.



Bankwell Financial Group 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, Bankwell Financial Group's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.442/131.7762*131.7762
=0.442

Current CPI (Mar. 2024) = 131.7762.

Bankwell Financial Group Quarterly Data

per share eps CPI Adj_EPS
201406 0.169 100.560 0.221
201409 0.171 100.428 0.224
201412 0.081 99.070 0.108
201503 0.240 99.621 0.317
201506 0.276 100.684 0.361
201509 0.276 100.392 0.362
201512 0.321 99.792 0.424
201603 0.359 100.470 0.471
201606 0.338 101.688 0.438
201609 0.365 101.861 0.472
201612 0.408 101.863 0.528
201703 0.449 102.862 0.575
201706 0.436 103.349 0.556
201709 0.461 104.136 0.583
201712 0.228 104.011 0.289
201803 0.478 105.290 0.598
201806 0.514 106.317 0.637
201809 0.531 106.507 0.657
201812 0.360 105.998 0.448
201903 0.575 107.251 0.706
201906 0.628 108.070 0.766
201909 0.472 108.329 0.574
201912 0.396 108.420 0.481
202003 0.154 108.902 0.186
202006 0.142 108.767 0.172
202009 0.323 109.815 0.388
202012 0.033 109.897 0.040
202103 0.596 111.754 0.703
202106 0.656 114.631 0.754
202109 0.740 115.734 0.843
202112 0.876 117.630 0.981
202203 0.944 121.301 1.026
202206 1.466 125.017 1.545
202209 1.192 125.227 1.254
202212 0.982 125.222 1.033
202303 1.242 127.348 1.285
202306 0.941 128.729 0.963
202309 1.171 129.860 1.188
202312 1.000 129.419 1.018
202403 0.442 131.776 0.442

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


Bankwell Financial Group  (FRA:33W) 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.

Bankwell Financial Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=21.60/2.44
=8.85

* 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 Bankwell Financial Group was 37.17. The lowest was 8.77. And the median was 17.80.


Be Aware

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


Bankwell Financial Group E10 Related Terms

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


Bankwell Financial Group (FRA:33W) Business Description

Traded in Other Exchanges
Address
258 Elm Street, New Canaan, CT, USA, 06840
Bankwell Financial Group Inc is a bank holding company, engaged in providing financial products and services. It offers products related to commercial lending, retail lending, depository services, and others. The bank's commercial lending products include owner-occupied commercial real estate loans, commercial real estate investment loans, commercial loans to small and mid-sized businesses, and real estate construction and development loans. The retail lending products include residential mortgage loans, home equity lines of credit, and consumer installment loans. Its depository products include checking, savings, money market, certificates of deposit, noninterest-bearing demand, and time deposits.

Bankwell Financial Group (FRA:33W) Headlines

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