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LARK (Landmark Bancorp) E10 : $2.39 (As of Sep. 2024)


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What is Landmark Bancorp 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.

Landmark Bancorp's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.686. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.39 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Landmark Bancorp's average E10 Growth Rate was 4.80% per year. During the past 3 years, the average E10 Growth Rate was 11.50% per year. During the past 5 years, the average E10 Growth Rate was 14.60% per year. During the past 10 years, the average E10 Growth Rate was 10.30% 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 Landmark Bancorp was 18.00% per year. The lowest was 1.80% per year. And the median was 6.35% per year.

As of today (2025-03-14), Landmark Bancorp's current stock price is $24.72. Landmark Bancorp's E10 for the quarter that ended in Sep. 2024 was $2.39. Landmark Bancorp's Shiller PE Ratio of today is 10.34.

During the past 13 years, the highest Shiller PE Ratio of Landmark Bancorp was 18.91. The lowest was 6.65. And the median was 13.41.


Landmark Bancorp E10 Historical Data

The historical data trend for Landmark Bancorp'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.

Landmark Bancorp E10 Chart

Landmark Bancorp 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 1.66 1.99 2.13 2.30 -

Landmark Bancorp 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 2.30 2.35 2.37 2.39 -

Competitive Comparison of Landmark Bancorp's E10

For the Banks - Regional subindustry, Landmark Bancorp'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.


Landmark Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Landmark Bancorp's Shiller PE Ratio falls into.



Landmark Bancorp 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, Landmark Bancorp'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)
=0.686/133.0289*133.0289
=0.686

Current CPI (Sep. 2024) = 133.0289.

Landmark Bancorp Quarterly Data

per share eps CPI Adj_EPS
201412 0.381 99.070 0.512
201503 0.496 99.621 0.662
201506 0.464 100.684 0.613
201509 0.451 100.392 0.598
201512 0.458 99.792 0.611
201603 0.426 100.470 0.564
201606 0.406 101.688 0.531
201609 0.372 101.861 0.486
201612 0.359 101.863 0.469
201703 0.384 102.862 0.497
201706 0.412 103.349 0.530
201709 -0.462 104.136 -0.590
201712 0.419 104.011 0.536
201803 0.358 105.290 0.452
201806 0.485 106.317 0.607
201809 0.515 106.507 0.643
201812 0.418 105.998 0.525
201903 0.368 107.251 0.456
201906 0.439 108.070 0.540
201909 0.447 108.329 0.549
201912 0.556 108.420 0.682
202003 0.576 108.902 0.704
202006 0.889 108.767 1.087
202009 0.938 109.815 1.136
202012 0.971 109.897 1.175
202103 0.933 111.754 1.111
202106 0.855 114.631 0.992
202109 0.777 115.734 0.893
202112 0.544 117.630 0.615
202203 0.535 121.301 0.587
202206 0.526 125.017 0.560
202209 0.435 125.227 0.462
202212 0.209 125.222 0.222
202303 0.581 127.348 0.607
202306 0.581 128.729 0.600
202309 0.495 129.860 0.507
202312 0.457 129.419 0.470
202403 0.486 131.776 0.491
202406 0.524 132.554 0.526
202409 0.686 133.029 0.686

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


Landmark Bancorp  (NAS:LARK) 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.

Landmark Bancorp's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=24.72/2.39
=10.34

* 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 Landmark Bancorp was 18.91. The lowest was 6.65. And the median was 13.41.


Be Aware

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


Landmark Bancorp E10 Related Terms

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


Landmark Bancorp Business Description

Traded in Other Exchanges
N/A
Address
701 Poyntz Avenue, Manhattan, KS, USA, 66502
Landmark Bancorp Inc is the bank holding company for Landmark National Bank, which is dedicated to providing quality financial and banking services. The bank is principally engaged in the business of attracting deposits from the general public and using such deposits, together with borrowings and other funds, to originate one-to-four-family residential real estate, construction and land, commercial real estate, commercial, agriculture, municipal and consumer loans. In addition, it also invests in certain investment and mortgage related securities using deposits and other borrowings as funding sources. Its primary deposit gathering and lending markets are geographically diversified with locations in central, eastern, southeast, and southwest Kansas.
Executives
Michael E Scheopner officer: Executive Vice President 6701 SW HAMPTONSHIRE LANE, TOPEKA KS 66614-4464
Patrick L Alexander director, officer: President & CEO 2004 E. 175TH RD, LECOMPTON KS 66050
Angela S. Hurt director 701 POYNTZ AVENUE, MANHATTAN KS 66502
Angelia K. Stanland director 701 POYNTZ AVENUE, MANHATTAN KS 66502
Richard Ball director 2006 BROADWAY, SUITE D, GREAT BEND KS 67530
Mark A Herpich officer: Chief Financial Officer 701 POYNTZ AVENUE, MANHATTAN KS 66052
Jim Lewis director 800 POYNTZ AVE, MANHATTAN KS 66502
Sandra J Moll director P.O. BOX 402, PAOLA KS 66071
Wayne R Sloan director 1044 BRIANNA CT, MANHATTAN KS 66503
Mark J Oliphant officer: Market President 800 POYNTZ AVE, MANHATTAN KS 66502
Sarah Hill-nelson director 1311 WEST 8TH STREET, LAWRENCE KS 66044
Bradly L. Chindamo officer: Market President 902 APRIL RAIN RD, LAWRENCE KS 66049
Larry R Heyka officer: Market President 701 POYNTZ AVENUE, MANHATTAN KS 66502
Dean R Thibault officer: Market President 800 POYNTZ AVENUE, MANHATTAN KS 66052
C Duane Ross director 800 POYNTZ AVE, MANHATTAN KS 66502