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Guaranty Bancshares (Guaranty Bancshares) E10 : $2.40 (As of Dec. 2023)


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What is Guaranty Bancshares 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.

Guaranty Bancshares's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.40 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Guaranty Bancshares's average E10 Growth Rate was 5.70% per year. During the past 3 years, the average E10 Growth Rate was 12.40% per year. During the past 5 years, the average E10 Growth Rate was 11.30% 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 Guaranty Bancshares was 13.10% per year. The lowest was 6.50% per year. And the median was 11.75% per year.

As of today (2024-05-05), Guaranty Bancshares's current stock price is $30.28. Guaranty Bancshares's E10 for the quarter that ended in Dec. 2023 was $2.40. Guaranty Bancshares's Shiller PE Ratio of today is 12.62.

During the past 13 years, the highest Shiller PE Ratio of Guaranty Bancshares was 22.79. The lowest was 9.92. And the median was 17.92.


Guaranty Bancshares E10 Historical Data

The historical data trend for Guaranty Bancshares'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.

Guaranty Bancshares E10 Chart

Guaranty Bancshares Annual Data
Trend Dec04 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.69 2.00 2.27 2.40

Guaranty Bancshares 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 2.31 2.37 2.40 2.40 -

Competitive Comparison of Guaranty Bancshares's E10

For the Banks - Regional subindustry, Guaranty Bancshares'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.


Guaranty Bancshares's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Guaranty Bancshares's Shiller PE Ratio falls into.



Guaranty Bancshares 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, Guaranty Bancshares's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.51/129.4194*129.4194
=0.510

Current CPI (Dec. 2023) = 129.4194.

Guaranty Bancshares Quarterly Data

per share eps CPI Adj_EPS
200312 0.327 77.758 0.544
200403 0.318 79.066 0.521
200406 0.255 80.037 0.412
200409 0.291 80.121 0.470
200412 0.264 80.290 0.426
200503 0.300 81.555 0.476
200506 0.345 82.062 0.544
201512 0.000 99.792 0.000
201603 0.273 100.470 0.352
201606 0.245 101.688 0.312
201609 0.345 101.861 0.438
201612 0.364 101.863 0.462
201703 0.364 102.862 0.458
201706 0.355 103.349 0.445
201709 0.336 104.136 0.418
201712 0.218 104.011 0.271
201803 0.355 105.290 0.436
201806 0.373 106.317 0.454
201809 0.382 106.507 0.464
201812 0.500 105.998 0.610
201903 0.409 107.251 0.494
201906 0.473 108.070 0.566
201909 0.591 108.329 0.706
201912 0.573 108.420 0.684
202003 0.500 108.902 0.594
202006 0.090 108.767 0.107
202009 0.840 109.815 0.990
202012 0.818 109.897 0.963
202103 0.900 111.754 1.042
202106 0.850 114.631 0.960
202109 0.760 115.734 0.850
202112 0.750 117.630 0.825
202203 0.880 121.301 0.939
202206 0.890 125.017 0.921
202209 0.910 125.227 0.940
202212 0.670 125.222 0.692
202303 0.690 127.348 0.701
202306 0.810 128.729 0.814
202309 0.540 129.860 0.538
202312 0.510 129.419 0.510

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


Guaranty Bancshares  (NYSE:GNTY) 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.

Guaranty Bancshares's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=30.28/2.4
=12.62

* 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 Guaranty Bancshares was 22.79. The lowest was 9.92. And the median was 17.92.


Be Aware

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


Guaranty Bancshares E10 Related Terms

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


Guaranty Bancshares (Guaranty Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
16475 Dallas Parkway, Suite 600, Addison, TX, USA, 75001
Guaranty Bancshares Inc is a bank holding company conducting banking activities through its wholly-owned subsidiary. The company provides its customers with a full array of relationship-driven commercial and consumer banking products and services, as well as mortgage, trust, and wealth management products and services that are tailored to meet the needs of small and medium-sized businesses, professionals, and individuals. It also provides other services such as Credit cards, Personal Loans, Account Management, Business Checking, Treasury Management, Business savings, and other related services. The company generates its revenue from interest on loans and investments, customer service and loan fees, fees related to the sale of mortgage loans, and trust and wealth management services.
Executives
James S. Bunch director 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Jeffrey W Brown director 1400 LAKE HEARN DR, ATLANTA GA 30319
Lisa S. Gallerano officer: VP and General Counsel 16475 DALLAS PARKWAY, SUITE 600, ADDISON TX 75001
Shalene A. Jacobson officer: Senior VP & Chief Risk Officer 16475 DALLAS PKWY, SUITE 100, ADDISON TX 75001
Charles A. Cowell officer: Chm. & EVP-Guaranty Bank&Trust 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Richard W. Baker director 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Sondra Cunningham director P.O. BOX 1158, MT. PLEASANT TX 75455
William Travis Brown officer: Austin Area Chairman P.O. BOX 1158, MT. PLEASANT TX 75455
Tyson T Abston director, officer: Chairman and CEO 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Molly Curl director 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Martin C Bell officer: EVP - Guaranty Bank & Trust 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Randall R. Kucera officer: VP and General Counsel 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Robert P. Sharp officer: EVP - Guaranty Bank & Trust 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
William D. Priefert director 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Daniel J. Muskrat officer: EVP & CIO-Guaranty Bank&Trust 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455