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Bank of Georgia Group (LSE:BGEO) E10 : £5.65 (As of Sep. 2024)


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What is Bank of Georgia Group 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.

Bank of Georgia Group's adjusted earnings per share data for the three months ended in Sep. 2024 was £3.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is £5.65 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Bank of Georgia Group's average E10 Growth Rate was 29.10% per year. During the past 3 years, the average E10 Growth Rate was 27.00% 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 Bank of Georgia Group was 27.00% per year. The lowest was 27.00% per year. And the median was 27.00% per year.

As of today (2024-12-12), Bank of Georgia Group's current stock price is £45.60. Bank of Georgia Group's E10 for the quarter that ended in Sep. 2024 was £5.65. Bank of Georgia Group's Shiller PE Ratio of today is 8.07.

During the past 13 years, the highest Shiller PE Ratio of Bank of Georgia Group was 11.44. The lowest was 3.56. And the median was 6.22.


Bank of Georgia Group E10 Historical Data

The historical data trend for Bank of Georgia Group'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.

Bank of Georgia Group E10 Chart

Bank of Georgia Group 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 - 2.20 2.79 3.74 4.53

Bank of Georgia Group 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 4.38 4.53 5.17 5.37 5.65

Competitive Comparison of Bank of Georgia Group's E10

For the Banks - Regional subindustry, Bank of Georgia Group'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.


Bank of Georgia Group's Shiller PE Ratio Distribution in the Banks Industry

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

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



Bank of Georgia Group 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, Bank of Georgia Group'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)
=3.21/133.5000*133.5000
=3.210

Current CPI (Sep. 2024) = 133.5000.

Bank of Georgia Group Quarterly Data

per share eps CPI Adj_EPS
201412 0.472 99.900 0.631
201503 0.455 99.600 0.610
201506 0.514 100.100 0.686
201509 0.570 100.200 0.759
201512 0.679 100.400 0.903
201603 0.587 100.400 0.781
201606 0.687 101.000 0.908
201609 0.992 101.500 1.305
201612 0.550 102.200 0.718
201703 0.712 102.700 0.926
201706 0.830 103.500 1.071
201709 0.754 104.300 0.965
201712 0.802 105.000 1.020
201803 0.849 105.100 1.078
201806 0.781 105.900 0.985
201809 0.648 106.600 0.812
201812 0.670 107.100 0.835
201903 0.589 107.000 0.735
201906 0.622 107.900 0.770
201909 0.785 108.400 0.967
201912 0.919 108.500 1.131
202003 -0.584 108.600 -0.718
202006 0.670 108.800 0.822
202009 0.869 109.200 1.062
202012 0.771 109.400 0.941
202103 0.802 109.700 0.976
202106 1.170 111.400 1.402
202109 1.062 112.400 1.261
202112 1.151 114.700 1.340
202203 1.397 116.500 1.601
202206 1.617 120.500 1.791
202209 1.729 122.300 1.887
202212 3.802 125.300 4.051
202303 1.799 126.800 1.894
202306 2.481 129.400 2.560
202309 2.212 130.100 2.270
202312 2.013 130.500 2.059
202403 6.489 131.600 6.583
202406 2.676 133.000 2.686
202409 3.210 133.500 3.210

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


Bank of Georgia Group  (LSE:BGEO) 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.

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

Shiller PE Ratio=Share Price/E10
=45.60/5.65
=8.07

* 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 Bank of Georgia Group was 11.44. The lowest was 3.56. And the median was 6.22.


Be Aware

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


Bank of Georgia Group E10 Related Terms

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


Bank of Georgia Group Business Description

Traded in Other Exchanges
Address
29 Farm Street, London, GBR, W1J 5RL
Bank of Georgia Group PLC along with its subsidiaries provides banking and financial services focused in the Georgian and Armenian markets. It offers services like banking, leasing, brokerage, and investment management among other services to corporate and individual customers. The company's operating segments are; Retail Banking, SME Banking, Corporate Investment Banking, and BNB. The majority of the revenue is generated from is Retail Banking segment which principally provides consumer loans, mortgage loans, overdrafts, credit cards and other credit facilities, funds transfers, settlement services, and accepting deposits among other banking services.

Bank of Georgia Group Headlines

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