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Banco BPM SpA (FRA:BPM) E10 : €-0.29 (As of Jun. 2024)


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What is Banco BPM SpA 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.

Banco BPM SpA's adjusted earnings per share data for the three months ended in Jun. 2024 was €0.254. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.29 for the trailing ten years ended in Jun. 2024.

During the past 3 years, the average E10 Growth Rate was 84.00% 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 Banco BPM SpA was 84.00% per year. The lowest was 84.00% per year. And the median was 84.00% per year.

As of today (2024-12-12), Banco BPM SpA's current stock price is €7.764. Banco BPM SpA's E10 for the quarter that ended in Jun. 2024 was €-0.29. Banco BPM SpA's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Banco BPM SpA was 42.35. The lowest was 14.81. And the median was 19.01.


Banco BPM SpA E10 Historical Data

The historical data trend for Banco BPM SpA'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.

Banco BPM SpA E10 Chart

Banco BPM SpA 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 -152.51 -145.66 -0.49 0.10 -0.60

Banco BPM SpA Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.28 -0.34 -0.60 -0.45 -0.29

Competitive Comparison of Banco BPM SpA's E10

For the Banks - Regional subindustry, Banco BPM SpA'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.


Banco BPM SpA's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Banco BPM SpA's Shiller PE Ratio falls into.



Banco BPM SpA 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, Banco BPM SpA's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.254/120.7000*120.7000
=0.254

Current CPI (Jun. 2024) = 120.7000.

Banco BPM SpA Quarterly Data

per share eps CPI Adj_EPS
201103 0.191 94.791 0.243
201106 0.413 95.442 0.522
201109 0.421 96.000 0.529
201112 -8.218 96.837 -10.243
201203 -0.347 97.954 -0.428
201206 0.440 98.605 0.539
201209 -0.264 99.070 -0.322
201212 -2.840 99.070 -3.460
201303 11.645 99.535 14.121
201306 0.000 99.814 0.000
201309 0.030 100.000 0.036
201312 -2.460 99.721 -2.978
201403 -0.237 99.907 -0.286
201406 0.051 100.093 0.061
201409 -0.262 99.814 -0.317
201412 -3.738 99.721 -4.524
201503 1.269 99.814 1.535
201506 0.173 100.279 0.208
201509 0.116 100.000 0.140
201512 0.164 99.814 0.198
201606 -0.994 99.900 -1.201
201612 -1.572 100.300 -1.892
201706 2.098 101.100 2.505
201712 -0.371 101.200 -0.442
201806 0.233 102.400 0.275
201812 -0.272 102.300 -0.321
201906 0.399 103.100 0.467
201912 0.126 102.800 0.148
202006 0.070 102.900 0.082
202012 -0.160 102.600 -0.188
202106 0.240 104.200 0.278
202112 0.064 106.600 0.072
202206 0.230 112.500 0.247
202209 0.090 114.200 0.095
202212 0.131 119.000 0.133
202306 0.410 119.700 0.413
202309 0.211 120.300 0.212
202312 0.213 119.700 0.215
202403 0.246 120.200 0.247
202406 0.254 120.700 0.254

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


Banco BPM SpA  (FRA:BPM) 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.

During the past 13 years, the highest Shiller P/E Ratio of Banco BPM SpA was 42.35. The lowest was 14.81. And the median was 19.01.


Be Aware

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


Banco BPM SpA E10 Related Terms

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


Banco BPM SpA Business Description

Traded in Other Exchanges
Address
Piazza F. Meda, Milan, ITA, 20121
Banco BPM SpA is a financial services provider. It offers services including retail banking, corporate banking and private and investment banking/asset management.

Banco BPM SpA Headlines

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