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Wintrust Financial (FRA:WF2) E10 : €6.23 (As of Mar. 2024)


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What is Wintrust Financial 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.

Wintrust Financial's adjusted earnings per share data for the three months ended in Mar. 2024 was €2.659. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €6.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Wintrust Financial's average E10 Growth Rate was 13.70% per year. During the past 3 years, the average E10 Growth Rate was 17.50% per year. During the past 5 years, the average E10 Growth Rate was 15.90% per year. During the past 10 years, the average E10 Growth Rate was 12.00% 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 Wintrust Financial was 17.50% per year. The lowest was 0.70% per year. And the median was 6.25% per year.

As of today (2024-06-06), Wintrust Financial's current stock price is €87.00. Wintrust Financial's E10 for the quarter that ended in Mar. 2024 was €6.23. Wintrust Financial's Shiller PE Ratio of today is 13.96.

During the past 13 years, the highest Shiller PE Ratio of Wintrust Financial was 35.70. The lowest was 8.55. And the median was 19.54.


Wintrust Financial E10 Historical Data

The historical data trend for Wintrust Financial'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.

Wintrust Financial E10 Chart

Wintrust Financial 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 3.17 3.18 4.29 5.27 5.89

Wintrust Financial 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 5.37 5.66 5.93 5.89 6.23

Competitive Comparison of Wintrust Financial's E10

For the Banks - Regional subindustry, Wintrust Financial'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.


Wintrust Financial's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Wintrust Financial's Shiller PE Ratio falls into.



Wintrust Financial 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, Wintrust Financial'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)
=2.659/131.7762*131.7762
=2.659

Current CPI (Mar. 2024) = 131.7762.

Wintrust Financial Quarterly Data

per share eps CPI Adj_EPS
201406 0.559 100.560 0.733
201409 0.613 100.428 0.804
201412 0.608 99.070 0.809
201503 0.702 99.621 0.929
201506 0.757 100.684 0.991
201509 0.615 100.392 0.807
201512 0.588 99.792 0.776
201603 0.808 100.470 1.060
201606 0.801 101.688 1.038
201609 0.820 101.861 1.061
201612 0.891 101.863 1.153
201703 0.935 102.862 1.198
201706 0.988 103.349 1.260
201709 0.940 104.136 1.190
201712 0.989 104.011 1.253
201803 1.135 105.290 1.421
201806 1.310 106.317 1.624
201809 1.345 106.507 1.664
201812 1.187 105.998 1.476
201903 1.345 107.251 1.653
201906 1.221 108.070 1.489
201909 1.535 108.329 1.867
201912 1.296 108.420 1.575
202003 0.941 108.902 1.139
202006 0.302 108.767 0.366
202009 1.418 109.815 1.702
202012 1.340 109.897 1.607
202103 2.134 111.754 2.516
202106 1.411 114.631 1.622
202109 1.505 115.734 1.714
202112 1.398 117.630 1.566
202203 1.880 121.301 2.042
202206 1.410 125.017 1.486
202209 2.232 125.227 2.349
202212 2.105 125.222 2.215
202303 2.615 127.348 2.706
202306 2.197 128.729 2.249
202309 2.371 129.860 2.406
202312 1.715 129.419 1.746
202403 2.659 131.776 2.659

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


Wintrust Financial  (FRA:WF2) 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.

Wintrust Financial's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=87.00/6.23
=13.96

* 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 Wintrust Financial was 35.70. The lowest was 8.55. And the median was 19.54.


Be Aware

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


Wintrust Financial E10 Related Terms

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


Wintrust Financial (FRA:WF2) Business Description

Traded in Other Exchanges
Address
9700 West Higgins Road, Suite 800, Rosemont, IL, USA, 60018
Wintrust Financial Corp is a financial holding company operating in the Chicago metropolitan area and southern Wisconsin through its wholly-owned banking subsidiaries. Wintrust conducts its business through three segments: community banking, specialty finance, and wealth management. Among other services, the company provides community-oriented, personal, and commercial banking, as well as the origination and purchase of residential mortgages for sale into the secondary market. A majority of its banks are banks chartered by the state of Illinois with scores of locations. The company has historically grown through both de novo organization and acquisitions. A majority of its loan portfolio is commercial, mostly in real estate. A majority of Wintrust's net revenue is net interest income.

Wintrust Financial (FRA:WF2) Headlines

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