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Territorial Bancorp (FRA:9TB) E10 : €1.70 (As of Sep. 2024)


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What is Territorial Bancorp 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.

Territorial Bancorp's adjusted earnings per share data for the three months ended in Sep. 2024 was €-0.135. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.70 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Territorial Bancorp's average E10 Growth Rate was -8.50% per year. During the past 3 years, the average E10 Growth Rate was 4.20% per year. During the past 5 years, the average E10 Growth Rate was 6.60% 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 Territorial Bancorp was 10.00% per year. The lowest was 4.20% per year. And the median was 8.40% per year.

As of today (2024-12-14), Territorial Bancorp's current stock price is €9.95. Territorial Bancorp's E10 for the quarter that ended in Sep. 2024 was €1.70. Territorial Bancorp's Shiller PE Ratio of today is 5.85.

During the past 13 years, the highest Shiller PE Ratio of Territorial Bancorp was 24.32. The lowest was 3.36. And the median was 13.11.


Territorial Bancorp E10 Historical Data

The historical data trend for Territorial Bancorp'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.

Territorial Bancorp E10 Chart

Territorial Bancorp 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 1.55 1.46 1.75 1.98 1.86

Territorial Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.98 1.86 1.90 1.77 1.70

Competitive Comparison of Territorial Bancorp's E10

For the Banks - Regional subindustry, Territorial Bancorp'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.


Territorial Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

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



Territorial Bancorp 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, Territorial Bancorp's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.135/133.0289*133.0289
=-0.135

Current CPI (Sep. 2024) = 133.0289.

Territorial Bancorp Quarterly Data

per share eps CPI Adj_EPS
201412 0.300 99.070 0.403
201503 0.351 99.621 0.469
201506 0.365 100.684 0.482
201509 0.356 100.392 0.472
201512 0.367 99.792 0.489
201603 0.368 100.470 0.487
201606 0.383 101.688 0.501
201609 0.392 101.861 0.512
201612 0.436 101.863 0.569
201703 0.430 102.862 0.556
201706 0.401 103.349 0.516
201709 0.369 104.136 0.471
201712 0.194 104.011 0.248
201803 0.414 105.290 0.523
201806 0.454 106.317 0.568
201809 0.437 106.507 0.546
201812 0.439 105.998 0.551
201903 0.620 107.251 0.769
201906 0.478 108.070 0.588
201909 0.518 108.329 0.636
201912 0.486 108.420 0.596
202003 0.434 108.902 0.530
202006 0.417 108.767 0.510
202009 0.399 109.815 0.483
202012 0.493 109.897 0.597
202103 0.462 111.754 0.550
202106 0.365 114.631 0.424
202109 0.391 115.734 0.449
202112 0.407 117.630 0.460
202203 0.472 121.301 0.518
202206 0.435 125.017 0.463
202209 0.444 125.227 0.472
202212 0.368 125.222 0.391
202303 0.243 127.348 0.254
202306 0.157 128.729 0.162
202309 0.094 129.860 0.096
202312 0.037 129.419 0.038
202403 -0.055 131.776 -0.056
202406 -0.084 132.554 -0.084
202409 -0.135 133.029 -0.135

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


Territorial Bancorp  (FRA:9TB) 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.

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

Shiller PE Ratio=Share Price/E10
=9.95/1.7
=5.85

* 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 Territorial Bancorp was 24.32. The lowest was 3.36. And the median was 13.11.


Be Aware

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


Territorial Bancorp E10 Related Terms

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


Territorial Bancorp Business Description

Traded in Other Exchanges
Address
1003 Bishop Street, Suite 500, Pauahi Tower, Honolulu, HI, USA, 96813
Territorial Bancorp Inc operates as a bank holding company. It offers a wide variety of FDIC-insured deposit products and loan products for the consumer and small businesses. Its business consists of accepting deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in one-to-four-family residential mortgage loans and investment securities. The company offers a variety of deposit accounts, including passbook and statement savings accounts, certificates of deposit, money market accounts, commercial and regular checking accounts and Super NOW accounts Its loan segment portfolio consists of Residential Mortgage; Construction, Commercial, and Other Mortgage Loans; Home Equity loans & line of credit; and Consumer & others.

Territorial Bancorp Headlines

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