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BankIslami Pakistan (KAR:BIPL) E10 : ₨3.37 (As of Sep. 2024)


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What is BankIslami Pakistan 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.

BankIslami Pakistan's adjusted earnings per share data for the three months ended in Sep. 2024 was ₨2.835. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₨3.37 for the trailing ten years ended in Sep. 2024.

During the past 12 months, BankIslami Pakistan's average E10 Growth Rate was 49.80% 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 (2024-12-13), BankIslami Pakistan's current stock price is ₨24.02. BankIslami Pakistan's E10 for the quarter that ended in Sep. 2024 was ₨3.37. BankIslami Pakistan's Shiller PE Ratio of today is 7.13.

During the past 13 years, the highest Shiller PE Ratio of BankIslami Pakistan was 11.34. The lowest was 5.98. And the median was 8.35.


BankIslami Pakistan E10 Historical Data

The historical data trend for BankIslami Pakistan'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.

BankIslami Pakistan E10 Chart

BankIslami Pakistan 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 - - - 1.47 2.43

BankIslami Pakistan 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 2.25 2.43 2.76 3.11 3.37

Competitive Comparison of BankIslami Pakistan's E10

For the Banks - Regional subindustry, BankIslami Pakistan'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.


BankIslami Pakistan's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where BankIslami Pakistan's Shiller PE Ratio falls into.



BankIslami Pakistan 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, BankIslami Pakistan's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=2.835/133.0289*133.0289
=2.835

Current CPI (Sep. 2024) = 133.0289.

BankIslami Pakistan Quarterly Data

per share eps CPI Adj_EPS
201412 0.015 99.070 0.020
201503 0.123 99.621 0.164
201506 0.009 100.684 0.012
201509 0.113 100.392 0.150
201512 -0.313 99.792 -0.417
201603 0.174 100.470 0.230
201606 0.635 101.688 0.831
201609 0.635 101.861 0.829
201612 0.000 101.863 0.000
201703 0.113 102.862 0.146
201706 -0.127 103.349 -0.163
201709 0.174 104.136 0.222
201712 1.454 104.011 1.860
201803 0.086 105.290 0.109
201806 0.074 106.317 0.093
201809 0.007 106.507 0.009
201812 0.161 105.998 0.202
201903 0.200 107.251 0.248
201906 0.407 108.070 0.501
201909 0.381 108.329 0.468
201912 0.093 108.420 0.114
202003 0.286 108.902 0.349
202006 0.569 108.767 0.696
202009 0.585 109.815 0.709
202012 -0.036 109.897 -0.044
202103 0.412 111.754 0.490
202106 0.573 114.631 0.665
202109 0.625 115.734 0.718
202112 0.234 117.630 0.265
202203 0.471 121.301 0.517
202206 0.833 125.017 0.886
202209 1.277 125.227 1.357
202212 1.463 125.222 1.554
202303 1.618 127.348 1.690
202306 2.983 128.729 3.083
202309 3.025 129.860 3.099
202312 1.943 129.419 1.997
202403 2.900 131.776 2.928
202406 3.471 132.554 3.483
202409 2.835 133.029 2.835

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


BankIslami Pakistan  (KAR:BIPL) 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.

BankIslami Pakistan's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=24.02/3.37
=7.13

* 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 BankIslami Pakistan was 11.34. The lowest was 5.98. And the median was 8.35.


Be Aware

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


BankIslami Pakistan E10 Related Terms

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


BankIslami Pakistan Business Description

Traded in Other Exchanges
N/A
Address
Marine Drive, Executive Tower, Dolmen City, 11th Floor, Block-4, Clifton, Karachi, SD, PAK
BankIslami Pakistan Ltd provides various commercial banking products and services in Pakistan. The Bank's segments includes Trading and Sales, Retail Banking, and Commercial Banking and Support Centre segment. Majority of the firm's revenue gets derived from the Retail Banking segment, which includes retail Islamic financing and related assets, deposits and banking services offered to its retail customers and small and medium enterprises. The Bank operates only in Pakistan.

BankIslami Pakistan Headlines

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