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Ameris Bancorp (FRA:AXU) E10 : €3.72 (As of Dec. 2024)


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What is Ameris 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.

Ameris Bancorp's adjusted earnings per share data for the three months ended in Dec. 2024 was €1.308. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.72 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Ameris Bancorp's average E10 Growth Rate was 12.30% per year. During the past 3 years, the average E10 Growth Rate was 16.20% per year. During the past 5 years, the average E10 Growth Rate was 22.00% per year. During the past 10 years, the average E10 Growth Rate was 33.70% 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 Ameris Bancorp was 61.90% per year. The lowest was -25.90% per year. And the median was 7.10% per year.

As of today (2025-03-16), Ameris Bancorp's current stock price is €51.00. Ameris Bancorp's E10 for the quarter that ended in Dec. 2024 was €3.72. Ameris Bancorp's Shiller PE Ratio of today is 13.71.

During the past 13 years, the highest Shiller PE Ratio of Ameris Bancorp was 131.76. The lowest was 8.99. And the median was 27.38.


Ameris Bancorp E10 Historical Data

The historical data trend for Ameris 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.

Ameris Bancorp E10 Chart

Ameris Bancorp 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 1.51 2.21 2.90 3.18 3.72

Ameris Bancorp 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 3.18 3.31 3.38 3.36 3.72

Competitive Comparison of Ameris Bancorp's E10

For the Banks - Regional subindustry, Ameris 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.


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

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

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



Ameris 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, Ameris Bancorp'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)
=1.308/133.1571*133.1571
=1.308

Current CPI (Dec. 2024) = 133.1571.

Ameris Bancorp Quarterly Data

per share eps CPI Adj_EPS
201503 0.296 99.621 0.396
201506 0.036 100.684 0.048
201509 0.428 100.392 0.568
201512 0.395 99.792 0.527
201603 0.332 100.470 0.440
201606 0.507 101.688 0.664
201609 0.544 101.861 0.711
201612 0.493 101.863 0.644
201703 0.552 102.862 0.715
201706 0.552 103.349 0.711
201709 0.453 104.136 0.579
201712 0.203 104.011 0.260
201803 0.568 105.290 0.718
201806 0.205 106.317 0.257
201809 0.746 106.507 0.933
201812 0.800 105.998 1.005
201903 0.743 107.251 0.922
201906 0.726 108.070 0.895
201909 0.281 108.329 0.345
201912 0.792 108.420 0.973
202003 0.253 108.902 0.309
202006 0.417 108.767 0.511
202009 1.418 109.815 1.719
202012 1.118 109.897 1.355
202103 1.504 111.754 1.792
202106 1.054 114.631 1.224
202109 0.995 115.734 1.145
202112 1.044 117.630 1.182
202203 1.062 121.301 1.166
202206 1.230 125.017 1.310
202209 1.353 125.227 1.439
202212 1.114 125.222 1.185
202303 0.813 127.348 0.850
202306 0.840 128.729 0.869
202309 1.087 129.860 1.115
202312 0.880 129.419 0.905
202403 0.994 131.776 1.004
202406 1.226 132.554 1.232
202409 1.297 133.029 1.298
202412 1.308 133.157 1.308

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


Ameris Bancorp  (FRA:AXU) 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.

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

Shiller PE Ratio=Share Price/E10
=51.00/3.72
=13.71

* 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 Ameris Bancorp was 131.76. The lowest was 8.99. And the median was 27.38.


Be Aware

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


Ameris Bancorp E10 Related Terms

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


Ameris Bancorp Business Description

Traded in Other Exchanges
Address
3490 Piedmont Road N.E., Suite 1550, Atlanta, GA, USA, 30305
Ameris Bancorp is a bank holding company that operates through Ameris Bank, its subsidiary. The company operates branches in Georgia, Alabama, Florida, and South Carolina. It offers traditional banking services such as business banking, personal banking, checking, savings, mobile banking, and others. The bank is organized into five segments: banking, retail mortgage, warehouse lending, SBA, and premium finance. The company generates most of its revenue from the banking segment. Ameris intends to acquire banks in its geographic region to increase its market share and expand beyond its current market.