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Virginia National Bankshares (FRA:71F) E10 : €2.73 (As of Mar. 2024)


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What is Virginia National Bankshares 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.

Virginia National Bankshares's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.626. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Virginia National Bankshares's average E10 Growth Rate was 3.80% per year. During the past 3 years, the average E10 Growth Rate was 10.30% per year. During the past 5 years, the average E10 Growth Rate was 10.70% 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 Virginia National Bankshares was 15.70% per year. The lowest was 10.30% per year. And the median was 11.70% per year.

As of today (2024-06-20), Virginia National Bankshares's current stock price is €26.00. Virginia National Bankshares's E10 for the quarter that ended in Mar. 2024 was €2.73. Virginia National Bankshares's Shiller PE Ratio of today is 9.52.

During the past 13 years, the highest Shiller PE Ratio of Virginia National Bankshares was 31.16. The lowest was 8.08. And the median was 15.37.


Virginia National Bankshares E10 Historical Data

The historical data trend for Virginia National Bankshares'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.

Virginia National Bankshares E10 Chart

Virginia National Bankshares 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 - - - 2.50 2.85

Virginia National Bankshares 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 2.57 2.68 3.00 2.85 2.73

Competitive Comparison of Virginia National Bankshares's E10

For the Banks - Regional subindustry, Virginia National Bankshares'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.


Virginia National Bankshares's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Virginia National Bankshares's Shiller PE Ratio falls into.



Virginia National Bankshares 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, Virginia National Bankshares'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)
=0.626/131.7762*131.7762
=0.626

Current CPI (Mar. 2024) = 131.7762.

Virginia National Bankshares Quarterly Data

per share eps CPI Adj_EPS
201406 0.107 100.560 0.140
201409 0.099 100.428 0.130
201412 0.154 99.070 0.205
201503 0.126 99.621 0.167
201506 0.242 100.684 0.317
201509 0.275 100.392 0.361
201512 0.408 99.792 0.539
201603 0.464 100.470 0.609
201606 0.509 101.688 0.660
201609 0.477 101.861 0.617
201612 0.533 101.863 0.690
201703 0.585 102.862 0.749
201706 0.644 103.349 0.821
201709 0.543 104.136 0.687
201712 0.360 104.011 0.456
201803 0.842 105.290 1.054
201806 0.582 106.317 0.721
201809 0.686 106.507 0.849
201812 0.553 105.998 0.687
201903 0.407 107.251 0.500
201906 0.699 108.070 0.852
201909 0.645 108.329 0.785
201912 0.477 108.420 0.580
202003 0.471 108.902 0.570
202006 0.684 108.767 0.829
202009 0.586 109.815 0.703
202012 0.789 109.897 0.946
202103 0.463 111.754 0.546
202106 0.023 114.631 0.026
202109 0.503 115.734 0.573
202112 0.870 117.630 0.975
202203 0.835 121.301 0.907
202206 1.003 125.017 1.057
202209 1.091 125.227 1.148
202212 1.246 125.222 1.311
202303 1.009 127.348 1.044
202306 0.969 128.729 0.992
202309 0.806 129.860 0.818
202312 0.541 129.419 0.551
202403 0.626 131.776 0.626

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


Virginia National Bankshares  (FRA:71F) 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.

Virginia National Bankshares's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=26.00/2.73
=9.52

* 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 Virginia National Bankshares was 31.16. The lowest was 8.08. And the median was 15.37.


Be Aware

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


Virginia National Bankshares E10 Related Terms

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


Virginia National Bankshares (FRA:71F) Business Description

Traded in Other Exchanges
Address
404 People Place, Charlottesville, VA, USA, 22911
Virginia National Bankshares Corp is a bank holding company which is engaged in the commercial and retail banking business. The bank offers a range of banking and related financial services, including checking accounts, negotiable order of withdrawal accounts, money market deposit accounts, certificates of deposit, individual retirement accounts and other depository services. Its segments include the Bank, VNB Trust and Estate Services, Sturman Wealth Advisors, and Masonry Capital. The Bank's commercial banking activities involve making loans, taking deposits and offering related services to individuals, businesses and charitable organizations.

Virginia National Bankshares (FRA:71F) Headlines

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