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First Busey (FRA:FBYN) E10 : €1.91 (As of Jun. 2024)


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What is First Busey 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.

First Busey's adjusted earnings per share data for the three months ended in Jun. 2024 was €0.437. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.91 for the trailing ten years ended in Jun. 2024.

During the past 12 months, First Busey's average E10 Growth Rate was 5.90% per year. During the past 3 years, the average E10 Growth Rate was 13.10% 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 First Busey was 13.10% per year. The lowest was -92.80% per year. And the median was -26.70% per year.

As of today (2024-10-31), First Busey's current stock price is €22.80. First Busey's E10 for the quarter that ended in Jun. 2024 was €1.91. First Busey's Shiller PE Ratio of today is 11.94.

During the past 13 years, the highest Shiller PE Ratio of First Busey was 20.58. The lowest was 8.69. And the median was 13.08.


First Busey E10 Historical Data

The historical data trend for First Busey'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.

First Busey E10 Chart

First Busey 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 - 1.12 1.45 1.78 1.88

First Busey 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 1.91 1.88 1.92 1.91 -

Competitive Comparison of First Busey's E10

For the Banks - Regional subindustry, First Busey'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.


First Busey's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where First Busey's Shiller PE Ratio falls into.



First Busey 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, First Busey'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)
=0.437/132.5538*132.5538
=0.437

Current CPI (Jun. 2024) = 132.5538.

First Busey Quarterly Data

per share eps CPI Adj_EPS
201409 0.241 100.428 0.318
201412 0.195 99.070 0.261
201503 0.240 99.621 0.319
201506 0.294 100.684 0.387
201509 0.321 100.392 0.424
201512 0.330 99.792 0.438
201603 0.323 100.470 0.426
201606 0.312 101.688 0.407
201609 0.356 101.861 0.463
201612 0.284 101.863 0.370
201703 0.365 102.862 0.470
201706 0.383 103.349 0.491
201709 0.344 104.136 0.438
201712 0.211 104.011 0.269
201803 0.365 105.290 0.460
201806 0.437 106.317 0.545
201809 0.471 106.507 0.586
201812 0.448 105.998 0.560
201903 0.425 107.251 0.525
201906 0.381 108.070 0.467
201909 0.409 108.329 0.500
201912 0.468 108.420 0.572
202003 0.253 108.902 0.308
202006 0.417 108.767 0.508
202009 0.475 109.815 0.573
202012 0.427 109.897 0.515
202103 0.580 111.754 0.688
202106 0.440 114.631 0.509
202109 0.391 115.734 0.448
202112 0.469 117.630 0.529
202203 0.463 121.301 0.506
202206 0.501 125.017 0.531
202209 0.646 125.227 0.684
202212 0.576 125.222 0.610
202303 0.607 127.348 0.632
202306 0.480 128.729 0.494
202309 0.506 129.860 0.516
202312 0.422 129.419 0.432
202403 0.423 131.776 0.425
202406 0.437 132.554 0.437

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


First Busey  (FRA:FBYN) 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.

First Busey's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=22.80/1.91
=11.94

* 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 First Busey was 20.58. The lowest was 8.69. And the median was 13.08.


Be Aware

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


First Busey E10 Related Terms

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


First Busey Business Description

Traded in Other Exchanges
Address
100 W. University Avenue, Champaign, IL, USA, 61820
First Busey Corporation is a financial holding company, whose subsidiaries provides retail and commercial banking services, remittance processing, and offers financial products and services with banking centers in Illinois, Missouri, Florida, and Indiana. The company's operations are managed through three operating segments consisting of Banking, FirsTech, and Wealth Management. The banking segment generates a vast majority of its revenue.

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