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Fukuoka Chuo Bank (FSE:8540) E10 : 円266.13 (As of Jun. 2023)


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What is Fukuoka Chuo Bank 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.

Fukuoka Chuo Bank's adjusted earnings per share data for the three months ended in Jun. 2023 was 円50.650. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円266.13 for the trailing ten years ended in Jun. 2023.

During the past 12 months, Fukuoka Chuo Bank's average E10 Growth Rate was 1.70% 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.

As of today (2024-06-08), Fukuoka Chuo Bank's current stock price is 円2980.00. Fukuoka Chuo Bank's E10 for the quarter that ended in Jun. 2023 was 円266.13. Fukuoka Chuo Bank's Shiller PE Ratio of today is 11.20.

During the past 13 years, the highest Shiller PE Ratio of Fukuoka Chuo Bank was 11.42. The lowest was 7.22. And the median was 8.73.


Fukuoka Chuo Bank E10 Historical Data

The historical data trend for Fukuoka Chuo Bank'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.

Fukuoka Chuo Bank E10 Chart

Fukuoka Chuo Bank Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 235.78 259.44 271.93

Fukuoka Chuo Bank Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 261.63 265.67 280.64 271.93 266.13

Competitive Comparison of Fukuoka Chuo Bank's E10

For the Banks - Regional subindustry, Fukuoka Chuo Bank'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.


Fukuoka Chuo Bank's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Fukuoka Chuo Bank's Shiller PE Ratio falls into.



Fukuoka Chuo Bank 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, Fukuoka Chuo Bank's adjusted earnings per share data for the three months ended in Jun. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=50.65/105.2000*105.2000
=50.650

Current CPI (Jun. 2023) = 105.2000.

Fukuoka Chuo Bank Quarterly Data

per share eps CPI Adj_EPS
201309 57.500 95.400 63.407
201312 82.600 95.600 90.895
201403 -13.800 95.700 -15.170
201406 59.600 98.000 63.979
201409 85.900 98.500 91.743
201412 79.300 97.900 85.213
201503 44.655 97.900 47.985
201506 73.600 98.400 78.686
201509 101.123 98.500 108.001
201512 134.300 98.100 144.020
201603 85.635 97.900 92.020
201606 44.500 98.100 47.721
201609 55.001 98.000 59.042
201612 76.760 98.400 82.065
201703 84.165 98.100 90.256
201706 79.830 98.500 85.260
201709 97.824 98.800 104.161
201712 50.204 99.400 53.133
201803 92.450 99.200 98.042
201806 34.500 99.200 36.587
201809 72.690 99.900 76.546
201812 101.850 99.700 107.469
201903 -32.113 99.700 -33.885
201906 52.830 99.800 55.689
201909 50.588 100.100 53.165
201912 70.360 100.500 73.650
202003 25.670 100.300 26.924
202006 135.000 99.900 142.162
202009 -34.150 99.900 -35.962
202012 57.973 99.300 61.418
202103 -36.040 99.900 -37.952
202106 64.030 99.500 67.698
202109 46.690 100.100 49.069
202112 105.800 100.100 111.190
202203 56.830 101.100 59.135
202206 93.440 101.800 96.561
202209 104.190 103.100 106.312
202212 118.430 104.100 119.681
202303 4.730 104.400 4.766
202306 50.650 105.200 50.650

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


Fukuoka Chuo Bank  (FSE:8540) 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.

Fukuoka Chuo Bank's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2980.00/266.13
=11.20

* 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 Fukuoka Chuo Bank was 11.42. The lowest was 7.22. And the median was 8.73.


Be Aware

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


Fukuoka Chuo Bank E10 Related Terms

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


Fukuoka Chuo Bank (FSE:8540) Business Description

Traded in Other Exchanges
N/A
Address
Chuo-ku Daimyo 2 - chome 12-1, Fukuoka City, JPN, 810-0041
Fukuoka Chuo Bank Ltd is a regional bank based in Fukuoka. The Bank provides commercial banking services including deposits, loans, and foreign exchange transactions. It provides its services to individuals and business owners. It also provides insurance and pension services.

Fukuoka Chuo Bank (FSE:8540) Headlines

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