GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Manx Financial Group PLC (LSE:MFX) » Definitions » E10

Manx Financial Group (LSE:MFX) E10 : £0.02 (As of Jun. 2024)


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

What is Manx Financial 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.

Manx Financial Group's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was £0.035. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is £0.02 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was 26.00% 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 Manx Financial Group was 26.00% per year. The lowest was 26.00% per year. And the median was 26.00% per year.

As of today (2025-03-20), Manx Financial Group's current stock price is £ 0.145. Manx Financial Group's E10 for the fiscal year that ended in Dec. 2023 was £0.02. Manx Financial Group's Shiller PE Ratio of today is 7.25.

During the past 13 years, the highest Shiller PE Ratio of Manx Financial Group was 22.00. The lowest was 6.25. And the median was 8.50.


Manx Financial Group E10 Historical Data

The historical data trend for Manx Financial 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.

Manx Financial Group E10 Chart

Manx Financial 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 0.01 0.01 0.01 0.02 0.02

Manx Financial Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 0.02 - 0.02 -

Competitive Comparison of Manx Financial Group's E10

For the Banks - Regional subindustry, Manx Financial 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.


Manx Financial Group's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Manx Financial Group's Shiller PE Ratio falls into.



Manx Financial 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, Manx Financial Group'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)
=0.035/129.4194*129.4194
=0.035

Current CPI (Dec. 2023) = 129.4194.

Manx Financial Group Annual Data

per_share_eps CPI Adj_EPS
201412 0.010 99.070 0.013
201512 0.013 99.792 0.017
201612 0.009 101.863 0.011
201712 0.017 104.011 0.021
201812 0.015 105.998 0.018
201912 0.017 108.420 0.020
202012 0.014 109.897 0.016
202112 0.020 117.630 0.022
202212 0.029 125.222 0.030
202312 0.035 129.419 0.035

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


Manx Financial Group  (LSE:MFX) 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.

Manx Financial Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.145/0.02
=7.25

* 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 Manx Financial Group was 22.00. The lowest was 6.25. And the median was 8.50.


Be Aware

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


Manx Financial Group E10 Related Terms

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


Manx Financial Group Business Description

Traded in Other Exchanges
Address
Victoria Street, Clarendon House, Douglas, IMN, IM1 2LN
Manx Financial Group PLC is a banking company. The group along with its subsidiaries offers retail and commercial banking services, payment solutions, wealth management, general insurance, and life insurance. It operates in three product orientated segments along with investing activities: Asset and Personal Finance (including provision of HP contracts, finance leases, personal loans, commercial loans, block discounting, vehicle stocking plans and wholesale funding agreements); Edgewater Associates Limited (provision of financial advice); and MFX Limited (provision of foreign currency transaction services). The Group currently operates in one geographic segment comprising of the Isle of Man, UK and Channel Islands and its lending is restricted to individuals and entities in this region.

Manx Financial Group Headlines

No Headlines