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Cathay General Bancorp (FRA:CN7) E10 : €3.47 (As of Mar. 2024)


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What is Cathay General 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.

Cathay General Bancorp's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.902. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Cathay General Bancorp's average E10 Growth Rate was 11.30% per year. During the past 3 years, the average E10 Growth Rate was 16.40% per year. During the past 5 years, the average E10 Growth Rate was 20.00% per year. During the past 10 years, the average E10 Growth Rate was 12.50% 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 Cathay General Bancorp was 25.40% per year. The lowest was -7.40% per year. And the median was 14.80% per year.

As of today (2024-06-06), Cathay General Bancorp's current stock price is €33.00. Cathay General Bancorp's E10 for the quarter that ended in Mar. 2024 was €3.47. Cathay General Bancorp's Shiller PE Ratio of today is 9.51.

During the past 13 years, the highest Shiller PE Ratio of Cathay General Bancorp was 38.59. The lowest was 8.42. And the median was 19.41.


Cathay General Bancorp E10 Historical Data

The historical data trend for Cathay General 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.

Cathay General Bancorp E10 Chart

Cathay General 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 1.75 1.82 2.40 3.01 3.30

Cathay General Bancorp 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 3.01 3.21 3.31 3.30 3.47

Competitive Comparison of Cathay General Bancorp's E10

For the Banks - Regional subindustry, Cathay General 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.


Cathay General Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

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



Cathay General 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, Cathay General Bancorp'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)
=0.902/131.7762*131.7762
=0.902

Current CPI (Mar. 2024) = 131.7762.

Cathay General Bancorp Quarterly Data

per share eps CPI Adj_EPS
201406 0.324 100.560 0.425
201409 0.349 100.428 0.458
201412 0.357 99.070 0.475
201503 0.416 99.621 0.550
201506 0.499 100.684 0.653
201509 0.419 100.392 0.550
201512 0.468 99.792 0.618
201603 0.512 100.470 0.672
201606 0.392 101.688 0.508
201609 0.517 101.861 0.669
201612 0.569 101.863 0.736
201703 0.570 102.862 0.730
201706 0.570 103.349 0.727
201709 0.512 104.136 0.648
201712 0.270 104.011 0.342
201803 0.633 105.290 0.792
201806 0.770 106.317 0.954
201809 0.728 106.507 0.901
201812 0.703 105.998 0.874
201903 0.735 107.251 0.903
201906 0.797 108.070 0.972
201909 0.826 108.329 1.005
201912 0.756 108.420 0.919
202003 0.534 108.902 0.646
202006 0.604 108.767 0.732
202009 0.603 109.815 0.724
202012 0.732 109.897 0.878
202103 0.773 111.754 0.911
202106 0.805 114.631 0.925
202109 0.791 115.734 0.901
202112 0.867 117.630 0.971
202203 0.899 121.301 0.977
202206 1.116 125.017 1.176
202209 1.343 125.227 1.413
202212 1.256 125.222 1.322
202303 1.233 127.348 1.276
202306 1.181 128.729 1.209
202309 1.059 129.860 1.075
202312 1.036 129.419 1.055
202403 0.902 131.776 0.902

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


Cathay General Bancorp  (FRA:CN7) 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.

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

Shiller PE Ratio=Share Price/E10
=33.00/3.47
=9.51

* 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 Cathay General Bancorp was 38.59. The lowest was 8.42. And the median was 19.41.


Be Aware

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


Cathay General Bancorp E10 Related Terms

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


Cathay General Bancorp (FRA:CN7) Business Description

Traded in Other Exchanges
Address
777 North Broadway, Los Angeles, CA, USA, 90012
Cathay General Bancorp is a regional bank primarily serving the Chinese-American community. With more than 45 branches and three international representative offices, the bank provides traditional loan and deposit products, as well as international trade-related services to individuals and small to midsize businesses. The Bank accepts checking, savings, and time deposits, and makes commercial, real estate, personal, home improvement, automobile, and other installment and term loans. The Bank also provides letters of credit, safe deposit, Social Security payment deposit, bank-by-mail, Internet banking services, and other customary banking services.

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