GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Life & Banc Split Corp (GREY:LFBCF) » Definitions » E10

Life & Banc Split (Life & Banc Split) E10 : $0.00 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Life & Banc Split E10?

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

Life & Banc Split's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was $0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Life & Banc Split's average E10 Growth Rate was -24.10% per year. During the past 3 years, the average E10 Growth Rate was 3.10% per year. During the past 5 years, the average E10 Growth Rate was -3.00% 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 Life & Banc Split was 49.90% per year. The lowest was 3.10% per year. And the median was 3.85% per year.

As of today (2024-05-05), Life & Banc Split's current stock price is $ 5.81. Life & Banc Split's E10 for the fiscal year that ended in Dec. 2023 was $0.00. Life & Banc Split's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Life & Banc Split was 22.24. The lowest was 5.60. And the median was 9.74.


Life & Banc Split E10 Historical Data

The historical data trend for Life & Banc Split'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.

Life & Banc Split E10 Chart

Life & Banc Split 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 0.71 - - - -

Life & Banc Split Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - -

Competitive Comparison of Life & Banc Split's E10

For the Asset Management subindustry, Life & Banc Split'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.


Life & Banc Split's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Life & Banc Split's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Life & Banc Split's Shiller PE Ratio falls into.



Life & Banc Split 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, Life & Banc Split's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/125.4675*125.4675
=0.000

Current CPI (Dec. 2023) = 125.4675.

Life & Banc Split Annual Data

per_share_eps CPI Adj_EPS
201412 1.301 98.367 1.659
201512 -0.715 99.947 -0.898
201612 2.609 101.449 3.227
201712 1.277 103.345 1.550
201812 -2.352 105.399 -2.800
201912 2.407 107.769 2.802
202012 0.000 108.559 0.000
202112 0.000 113.774 0.000
202212 0.000 120.964 0.000
202312 0.000 125.468 0.000

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


Life & Banc Split  (GREY:LFBCF) 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.

During the past 13 years, the highest Shiller P/E Ratio of Life & Banc Split was 22.24. The lowest was 5.60. And the median was 9.74.


Be Aware

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


Life & Banc Split E10 Related Terms

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


Life & Banc Split (Life & Banc Split) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Brookfield Place, Suite 2930, P.O. Box 793, Bay Wellington Tower, Toronto, ON, CAN, M5J 2T3
Life & Banc Split Corp is a mutual fund company. Its investment objectives are to provide holders of preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for capital appreciation. Primarily, it invests in a portfolio comprising of common shares of Canadian banks and publicly traded Canadian life insurance companies.

Life & Banc Split (Life & Banc Split) Headlines

From GuruFocus

Life & Banc Split Corp. Announces Successful Overnight Offering

By GlobeNewswire GlobeNewswire 01-18-2023

Life & Banc Split Corp. Announces Successful Overnight Offering

By GlobeNewswire GlobeNewswire 11-20-2018

Life & Banc Split Corp. Announces Distribution Rates

By GlobeNewswire GlobeNewswire 09-25-2018