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Skjern Bank AS (LTS:0G19) E10 : kr21.97 (As of Dec. 2024)


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What is Skjern Bank AS 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.

Skjern Bank AS's adjusted earnings per share data for the three months ended in Dec. 2024 was kr6.354. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr21.97 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Skjern Bank AS's average E10 Growth Rate was 21.10% per year. During the past 3 years, the average E10 Growth Rate was 18.60% per year. During the past 5 years, the average E10 Growth Rate was 14.40% 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 Skjern Bank AS was 18.60% per year. The lowest was 10.20% per year. And the median was 16.80% per year.

As of today (2025-04-05), Skjern Bank AS's current stock price is kr182.50. Skjern Bank AS's E10 for the quarter that ended in Dec. 2024 was kr21.97. Skjern Bank AS's Shiller PE Ratio of today is 8.31.

During the past 13 years, the highest Shiller PE Ratio of Skjern Bank AS was 11.26. The lowest was 4.11. And the median was 7.84.


Skjern Bank AS E10 Historical Data

The historical data trend for Skjern Bank AS'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.

Skjern Bank AS E10 Chart

Skjern Bank AS 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 10.45 13.06 14.64 19.77 21.97

Skjern Bank AS 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 19.77 18.69 19.53 20.98 21.97

Competitive Comparison of Skjern Bank AS's E10

For the Banks - Regional subindustry, Skjern Bank AS'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.


Skjern Bank AS's Shiller PE Ratio Distribution in the Banks Industry

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

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


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Skjern Bank AS 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, Skjern Bank AS'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)
=6.354/118.9000*118.9000
=6.354

Current CPI (Dec. 2024) = 118.9000.

Skjern Bank AS Quarterly Data

per share eps CPI Adj_EPS
201503 1.654 100.200 1.963
201506 1.681 100.300 1.993
201509 0.297 100.200 0.352
201512 0.345 99.800 0.411
201603 0.400 100.200 0.475
201606 3.500 100.600 4.137
201609 1.800 100.200 2.136
201612 2.092 100.300 2.480
201703 16.400 101.200 19.268
201706 4.830 101.200 5.675
201709 2.012 101.800 2.350
201712 2.029 101.300 2.382
201803 46.400 101.700 54.247
201806 2.684 102.300 3.120
201809 2.012 102.400 2.336
201812 0.125 102.100 0.146
201903 3.400 102.900 3.929
201906 2.809 102.900 3.246
201909 4.632 102.900 5.352
201912 2.531 102.900 2.925
202003 1.600 103.300 1.842
202006 2.535 103.200 2.921
202009 4.119 103.500 4.732
202012 3.034 103.400 3.489
202103 3.700 104.300 4.218
202106 4.672 105.000 5.290
202109 3.306 105.800 3.715
202112 4.731 106.600 5.277
202203 3.600 109.900 3.895
202206 2.752 113.600 2.880
202209 3.240 116.400 3.310
202212 5.483 115.900 5.625
202303 6.400 117.300 6.487
202306 6.262 116.400 6.396
202309 6.646 117.400 6.731
202312 6.920 116.700 7.050
202403 7.800 118.400 7.833
202406 6.598 118.500 6.620
202409 7.195 118.900 7.195
202412 6.354 118.900 6.354

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


Skjern Bank AS  (LTS:0G19) 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.

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

Shiller PE Ratio=Share Price/E10
=182.50/21.97
=8.31

* 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 Skjern Bank AS was 11.26. The lowest was 4.11. And the median was 7.84.


Be Aware

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


Skjern Bank AS E10 Related Terms

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


Skjern Bank AS Business Description

Traded in Other Exchanges
Address
Banktorvet 3, Skjern, DNK, 6900
Skjern Bank AS provides various financial services to private customers, corporate and institutional customers, and public companies in Denmark. It offers its customers a full product range combined with professional consultancy services that include credit cards, savings accounts, financing, loans, pension funds, personal and travel insurance, real estate consulting, leasing and investment services, as well as related advisory services, among others.

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