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Pohjola Pankki Oyj (LTS:0ICL) E10 : €0.00 (As of Mar. 2016)


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What is Pohjola Pankki Oyj 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.

Pohjola Pankki Oyj's adjusted earnings per share data for the fiscal year that ended in Dec. 2015 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. 2015.

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.

As of today (2024-09-25), Pohjola Pankki Oyj's current stock price is € 15.98. Pohjola Pankki Oyj's E10 for the fiscal year that ended in Dec. 2015 was €0.00. Pohjola Pankki Oyj's Shiller PE Ratio of today is .

During the past 12 years, the highest Shiller PE Ratio of Pohjola Pankki Oyj was 15.65. The lowest was 0.00. And the median was 15.42.


Pohjola Pankki Oyj E10 Historical Data

The historical data trend for Pohjola Pankki Oyj'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.

Pohjola Pankki Oyj E10 Chart

Pohjola Pankki Oyj Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.98 - -

Pohjola Pankki Oyj Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 Pohjola Pankki Oyj's E10

For the Banks - Regional subindustry, Pohjola Pankki Oyj'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.


Pohjola Pankki Oyj's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Pohjola Pankki Oyj's Shiller PE Ratio falls into.



Pohjola Pankki Oyj 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, Pohjola Pankki Oyj's adjusted earnings per share data for the fiscal year that ended in Dec. 2015 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2015 (Change)*Current CPI (Dec. 2015)
=0/99.9900*99.9900
=0.000

Current CPI (Dec. 2015) = 99.9900.

Pohjola Pankki Oyj Annual Data

per_share_eps CPI Adj_EPS
200612 2.941 85.852 3.425
200712 1.040 88.116 1.180
200812 0.360 91.134 0.395
200912 0.660 90.631 0.728
201012 0.720 93.216 0.772
201112 0.675 95.918 0.704
201212 0.900 98.180 0.917
201312 1.330 99.761 1.333
201412 0.000 100.229 0.000
201512 0.000 99.990 0.000

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


Pohjola Pankki Oyj  (LTS:0ICL) 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 12 years, the highest Shiller P/E Ratio of Pohjola Pankki Oyj was 15.65. The lowest was 0.00. And the median was 15.42.


Be Aware

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


Pohjola Pankki Oyj E10 Related Terms

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


Pohjola Pankki Oyj Business Description

Traded in Other Exchanges
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Pohjola Pankki Oyj, provides banking, non-life insurance and wealth management services. It serves businesses, institutions and private individuals and provides banking and insurance services to customers while supporting corporate customers' business.. The Company operates through the following three business segments: Banking, Asset Management, and Non-life Insurance. The banking segment provides corporate and institutional customers with solutions for their financing and financial management needs. Banking consists of the following divisions: Corporate Banking, Markets and Baltic Banking. Companies within Banking are the member banks, Helsinki OP Bank PLC, OP-Kotipankki Oyj, OP Mortgage Bank and OP Fund Management Company Ltd and certain smaller companies supporting banking services in its entirety. The Company's Banking and Asset Management segments are also included under OP-Pohjola Group's Banking. The operations of OP Bank Group Mutual Insurance Company's are also included under Banking as the company's business consists of credit insurance to OP-Pohjola Group's retail banks. The Wealth Management Segment comprises the following operations: OP Life Assurance Company Ltd and Aurum Investment Insurance Ltd engaged in the Company's life and pension insurance business, OP Fund Management Company Ltd engaged in mutual fund business, and Pohjola Group's Asset Management segment. The Non-life Insurance segment encompasses the operations of OP-Pohjola Group's non-life insurance companies, i.e. Pohjola Insurance Ltd, Eurooppalainen Insurance Company Ltd, A-Insurance Ltd, the Seesam companies operating in the Baltic countries, as well as the operations of service companies supporting non-life insurance. Non-life insurance products include non-life insurance policies sold to corporate and private customers.

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