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Ringkjoebing Landbobank AS (FRA:CJ2) E10 : €5.97 (As of Dec. 2024)


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What is Ringkjoebing Landbobank AS 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.

Ringkjoebing Landbobank AS's adjusted earnings per share data for the three months ended in Dec. 2024 was €2.777. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €5.97 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Ringkjoebing Landbobank AS's average E10 Growth Rate was 21.30% per year. During the past 3 years, the average E10 Growth Rate was 23.30% per year. During the past 5 years, the average E10 Growth Rate was 20.70% 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 Ringkjoebing Landbobank AS was 23.30% per year. The lowest was -2.70% per year. And the median was 20.50% per year.

As of today (2025-03-14), Ringkjoebing Landbobank AS's current stock price is €159.40. Ringkjoebing Landbobank AS's E10 for the quarter that ended in Dec. 2024 was €5.97. Ringkjoebing Landbobank AS's Shiller PE Ratio of today is 26.70.

During the past 13 years, the highest Shiller PE Ratio of Ringkjoebing Landbobank AS was 39.90. The lowest was 9.24. And the median was 27.93.


Ringkjoebing Landbobank AS E10 Historical Data

The historical data trend for Ringkjoebing Landbobank AS'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.

Ringkjoebing Landbobank AS E10 Chart

Ringkjoebing Landbobank AS 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 - - 3.98 4.83 5.97

Ringkjoebing Landbobank AS 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 4.83 5.29 5.46 5.79 5.97

Competitive Comparison of Ringkjoebing Landbobank AS's E10

For the Banks - Regional subindustry, Ringkjoebing Landbobank AS'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.


Ringkjoebing Landbobank AS's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Ringkjoebing Landbobank AS's Shiller PE Ratio falls into.



Ringkjoebing Landbobank AS 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, Ringkjoebing Landbobank AS'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)
=2.777/118.9000*118.9000
=2.777

Current CPI (Dec. 2024) = 118.9000.

Ringkjoebing Landbobank AS Quarterly Data

per share eps CPI Adj_EPS
201503 0.154 100.200 0.183
201506 0.648 100.300 0.768
201509 0.574 100.200 0.681
201512 0.655 99.800 0.780
201603 0.150 100.200 0.178
201606 0.820 100.600 0.969
201609 0.819 100.200 0.972
201612 0.806 100.300 0.955
201703 0.929 101.200 1.091
201706 0.929 101.200 1.091
201709 0.898 101.800 1.049
201712 0.744 101.300 0.873
201803 1.383 101.700 1.617
201806 0.456 102.300 0.530
201809 0.799 102.400 0.928
201812 0.585 102.100 0.681
201903 1.166 102.900 1.347
201906 1.001 102.900 1.157
201909 1.252 102.900 1.447
201912 1.014 102.900 1.172
202003 0.722 103.300 0.831
202006 1.052 103.200 1.212
202009 1.258 103.500 1.445
202012 1.211 103.400 1.393
202103 1.310 104.300 1.493
202106 1.355 105.000 1.534
202109 1.411 105.800 1.586
202112 1.674 106.600 1.867
202203 1.705 109.900 1.845
202206 1.664 113.600 1.742
202209 1.594 116.400 1.628
202212 2.237 115.900 2.295
202303 2.193 117.300 2.223
202306 2.549 116.400 2.604
202309 2.730 117.400 2.765
202312 3.016 116.700 3.073
202403 3.107 118.400 3.120
202406 2.886 118.500 2.896
202409 3.047 118.900 3.047
202412 2.777 118.900 2.777

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


Ringkjoebing Landbobank AS  (FRA:CJ2) 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.

Ringkjoebing Landbobank AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=159.40/5.97
=26.70

* 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 Ringkjoebing Landbobank AS was 39.90. The lowest was 9.24. And the median was 27.93.


Be Aware

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


Ringkjoebing Landbobank AS E10 Related Terms

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


Ringkjoebing Landbobank AS Business Description

Traded in Other Exchanges
Address
Torvet 1, Ringkobing, DNK, 6950
Ringkjoebing Landbobank AS is a bank that carries out its operating activities in Denmark. A majority of the bank's core income is net interest income. Maximum of the bank's net fees, commissions, and foreign exchange income are derived from asset management, followed by guarantee commissions, securities trading, and custody accounts. The bank's capital objective is to maintain capitalization for future growth while covering any fluctuation of the risks it assumes. The bank's credit is diversified to the energy business, as well as financial services, real property, and agriculture. The services offered are Online banking, Mobile banking, MasterCard, MobilePay, Currency calculator, Block card, MitID etc.

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