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PT Bank CIMB Niaga Tbk (ISX:BNGA) E10 : Rp163.15 (As of Dec. 2024)


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What is PT Bank CIMB Niaga Tbk 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.

PT Bank CIMB Niaga Tbk's adjusted earnings per share data for the three months ended in Dec. 2024 was Rp67.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp163.15 for the trailing ten years ended in Dec. 2024.

During the past 12 months, PT Bank CIMB Niaga Tbk's average E10 Growth Rate was 11.20% per year. During the past 3 years, the average E10 Growth Rate was 5.50% per year. During the past 5 years, the average E10 Growth Rate was 4.20% 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 PT Bank CIMB Niaga Tbk was 5.50% per year. The lowest was 1.90% per year. And the median was 3.60% per year.

As of today (2025-03-23), PT Bank CIMB Niaga Tbk's current stock price is Rp1640.00. PT Bank CIMB Niaga Tbk's E10 for the quarter that ended in Dec. 2024 was Rp163.15. PT Bank CIMB Niaga Tbk's Shiller PE Ratio of today is 10.05.

During the past 13 years, the highest Shiller PE Ratio of PT Bank CIMB Niaga Tbk was 14.86. The lowest was 4.41. And the median was 7.77.


PT Bank CIMB Niaga Tbk E10 Historical Data

The historical data trend for PT Bank CIMB Niaga Tbk'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.

PT Bank CIMB Niaga Tbk E10 Chart

PT Bank CIMB Niaga Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 138.68 138.89 141.64 146.71 163.15

PT Bank CIMB Niaga Tbk Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 146.71 148.61 150.91 155.40 163.15

Competitive Comparison of PT Bank CIMB Niaga Tbk's E10

For the Banks - Regional subindustry, PT Bank CIMB Niaga Tbk'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.


PT Bank CIMB Niaga Tbk's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PT Bank CIMB Niaga Tbk's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PT Bank CIMB Niaga Tbk's Shiller PE Ratio falls into.



PT Bank CIMB Niaga Tbk 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, PT Bank CIMB Niaga Tbk's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=67.25/131.4315*131.4315
=67.250

Current CPI (Dec. 2024) = 131.4315.

PT Bank CIMB Niaga Tbk Quarterly Data

per share eps CPI Adj_EPS
201503 3.290 98.388 4.395
201506 3.730 99.766 4.914
201509 3.540 101.037 4.605
201512 6.464 102.133 8.318
201603 10.690 102.764 13.672
201606 18.600 103.212 23.685
201609 22.390 104.142 28.257
201612 31.150 105.222 38.909
201703 25.450 106.476 31.415
201706 29.470 107.722 35.956
201709 32.500 108.020 39.544
201712 31.080 109.017 37.470
201803 34.980 110.097 41.759
201806 35.940 111.085 42.523
201809 33.060 111.135 39.098
201812 35.680 112.430 41.710
201903 37.870 112.829 44.114
201906 41.410 114.730 47.438
201909 28.160 114.905 32.210
201912 38.770 115.486 44.123
202003 42.330 116.252 47.857
202006 27.660 116.630 31.170
202009 4.800 116.397 5.420
202012 5.930 117.318 6.643
202103 39.950 117.840 44.558
202106 45.590 118.184 50.700
202109 40.840 118.262 45.388
202112 38.100 119.516 41.898
202203 47.890 120.948 52.041
202206 53.760 123.322 57.295
202209 52.480 125.298 55.049
202212 48.080 126.098 50.114
202303 63.420 126.953 65.658
202306 66.250 127.663 68.206
202309 66.940 128.151 68.653
202312 62.850 129.395 63.839
202403 66.960 130.607 67.383
202406 68.680 130.792 69.016
202409 68.700 130.361 69.264
202412 67.250 131.432 67.250

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


PT Bank CIMB Niaga Tbk  (ISX:BNGA) 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.

PT Bank CIMB Niaga Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1640.00/163.15
=10.05

* 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 PT Bank CIMB Niaga Tbk was 14.86. The lowest was 4.41. And the median was 7.77.


Be Aware

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


PT Bank CIMB Niaga Tbk E10 Related Terms

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


PT Bank CIMB Niaga Tbk Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Sudirman Kav. 58, Jakarta, IDN, 12190
PT Bank CIMB Niaga Tbk operates in the commercial banking sector. Its principal activities include accepting funds from the public in the form of deposits, namely current accounts, time deposits, certificates of deposits, and saving accounts; providing loans, safe deposit boxes, and online banking facilities; performing custodian and treasury activities; offering credit cards, factoring, and trust services; and others. The company's reportable segments are Corporate, Business, Retail, Treasury, Sharia, Others, and Subsidiaries. Maximum revenue is generated from its Retail segment, which focuses on providing products and services to individual customers. It includes products such as loans, deposits, and other transactions, and balances with retail customers.

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