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MCB Bank (KAR:MCB) E10 : ₨32.87 (As of Dec. 2024)


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What is MCB 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.

MCB Bank's adjusted earnings per share data for the three months ended in Dec. 2024 was ₨8.870. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₨32.87 for the trailing ten years ended in Dec. 2024.

During the past 12 months, MCB Bank's average E10 Growth Rate was 11.00% per year. During the past 3 years, the average E10 Growth Rate was 11.60% 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 MCB Bank was 11.60% per year. The lowest was 11.60% per year. And the median was 11.60% per year.

As of today (2025-03-18), MCB Bank's current stock price is ₨282.31. MCB Bank's E10 for the quarter that ended in Dec. 2024 was ₨32.87. MCB Bank's Shiller PE Ratio of today is 8.59.

During the past 13 years, the highest Shiller PE Ratio of MCB Bank was 8.83. The lowest was 4.13. And the median was 6.21.


MCB Bank E10 Historical Data

The historical data trend for MCB 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.

MCB Bank E10 Chart

MCB Bank 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 - 23.66 25.81 29.60 32.87

MCB Bank 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 29.60 30.98 31.85 32.70 32.87

Competitive Comparison of MCB Bank's E10

For the Banks - Regional subindustry, MCB 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.


MCB Bank's Shiller PE Ratio Distribution in the Banks Industry

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

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



MCB 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, MCB Bank'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)
=8.87/133.1571*133.1571
=8.870

Current CPI (Dec. 2024) = 133.1571.

MCB Bank Quarterly Data

per share eps CPI Adj_EPS
201503 7.060 99.621 9.437
201506 4.900 100.684 6.480
201509 5.940 100.392 7.879
201512 4.490 99.792 5.991
201603 5.500 100.470 7.289
201606 4.340 101.688 5.683
201609 6.180 101.861 8.079
201612 3.810 101.863 4.981
201703 5.300 102.862 6.861
201706 6.880 103.349 8.864
201709 4.660 104.136 5.959
201712 2.360 104.011 3.021
201803 3.970 105.290 5.021
201806 3.990 106.317 4.997
201809 3.500 106.507 4.376
201812 5.710 105.998 7.173
201903 4.210 107.251 5.227
201906 4.590 108.070 5.656
201909 4.840 108.329 5.949
201912 6.510 108.420 7.995
202003 5.590 108.902 6.835
202006 5.740 108.767 7.027
202009 8.420 109.815 10.210
202012 5.070 109.897 6.143
202103 5.920 111.754 7.054
202106 6.640 114.631 7.713
202109 6.730 115.734 7.743
202112 6.710 117.630 7.596
202203 7.660 121.301 8.409
202206 1.930 125.017 2.056
202209 7.800 125.227 8.294
202212 11.600 125.222 12.335
202303 11.750 127.348 12.286
202306 12.380 128.729 12.806
202309 16.570 129.860 16.991
202312 14.240 129.419 14.651
202403 15.040 131.776 15.198
202406 14.170 132.554 14.234
202409 15.270 133.029 15.285
202412 8.870 133.157 8.870

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


MCB Bank  (KAR:MCB) 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.

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

Shiller PE Ratio=Share Price/E10
=282.31/32.87
=8.59

* 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 MCB Bank was 8.83. The lowest was 4.13. And the median was 6.21.


Be Aware

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


MCB Bank E10 Related Terms

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


MCB Bank Business Description

Traded in Other Exchanges
N/A
Address
15-Main Gulberg, Jail Road, MCB House, Gulburg, Lahore, PB, PAK
MCB Bank Ltd is a commercial banking company operating in Pakistan. The bank provides services through its segments such as Retail Banking, Corporate Banking, Consumer Banking, Treasury, and International banking. The majority of the bank's revenues are generated from the Retail banking segment, which includes retail lending and deposits, banking services, cards, and branchless banking. Retail banking offers services such as retail and private lending & deposits and other banking services offered to individual customers and small and medium-term companies. MCB Bank derives majority of its business from its domestic operations. It also has branches across South Asia and the Middle East.