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Ringkjoebing Landbobank A/S (LTS:0RPR) E10 : kr20.11 (As of Mar. 2024)


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What is Ringkjoebing Landbobank A/S 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.

Ringkjoebing Landbobank A/S's adjusted earnings per share data for the three months ended in Mar. 2024 was kr23.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr20.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ringkjoebing Landbobank A/S's average E10 Growth Rate was 23.40% per year. During the past 3 years, the average E10 Growth Rate was 22.30% per year. During the past 5 years, the average E10 Growth Rate was 10.50% 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 Ringkjoebing Landbobank A/S was 22.30% per year. The lowest was -2.70% per year. And the median was 18.80% per year.

As of today (2024-06-08), Ringkjoebing Landbobank A/S's current stock price is kr614.00. Ringkjoebing Landbobank A/S's E10 for the quarter that ended in Mar. 2024 was kr20.11. Ringkjoebing Landbobank A/S's Shiller PE Ratio of today is 30.53.

During the past 13 years, the highest Shiller PE Ratio of Ringkjoebing Landbobank A/S was 39.90. The lowest was 9.24. And the median was 28.37.


Ringkjoebing Landbobank A/S E10 Historical Data

The historical data trend for Ringkjoebing Landbobank A/S'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.

Ringkjoebing Landbobank A/S E10 Chart

Ringkjoebing Landbobank A/S 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 18.00 20.18 16.65 19.53 22.83

Ringkjoebing Landbobank A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.36 20.90 21.21 22.83 20.11

Competitive Comparison of Ringkjoebing Landbobank A/S's E10

For the Banks - Regional subindustry, Ringkjoebing Landbobank A/S'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.


Ringkjoebing Landbobank A/S's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ringkjoebing Landbobank A/S's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ringkjoebing Landbobank A/S's Shiller PE Ratio falls into.



Ringkjoebing Landbobank A/S 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, Ringkjoebing Landbobank A/S's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=23.17/118.4000*118.4000
=23.170

Current CPI (Mar. 2024) = 118.4000.

Ringkjoebing Landbobank A/S Quarterly Data

per share eps CPI Adj_EPS
201406 4.590 99.700 5.451
201409 4.319 99.700 5.129
201412 4.273 99.400 5.090
201503 1.146 100.200 1.354
201506 4.836 100.300 5.709
201509 4.280 100.200 5.057
201512 4.892 99.800 5.804
201603 1.119 100.200 1.322
201606 6.100 100.600 7.179
201609 6.102 100.200 7.210
201612 5.992 100.300 7.073
201703 6.909 101.200 8.083
201706 6.911 101.200 8.086
201709 6.687 101.800 7.777
201712 5.539 101.300 6.474
201803 10.300 101.700 11.991
201806 3.399 102.300 3.934
201809 5.962 102.400 6.894
201812 4.364 102.100 5.061
201903 8.704 102.900 10.015
201906 7.482 102.900 8.609
201909 9.343 102.900 10.750
201912 7.578 102.900 8.719
202003 5.400 103.300 6.189
202006 7.841 103.200 8.996
202009 9.357 103.500 10.704
202012 9.007 103.400 10.314
202103 9.745 104.300 11.062
202106 10.078 105.000 11.364
202109 10.490 105.800 11.739
202112 12.448 106.600 13.826
202203 12.679 109.900 13.660
202206 12.383 113.600 12.906
202209 11.862 116.400 12.066
202212 16.643 115.900 17.002
202303 16.320 117.300 16.473
202306 18.978 116.400 19.304
202309 20.823 117.400 21.000
202312 22.967 116.700 23.302
202403 23.170 118.400 23.170

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


Ringkjoebing Landbobank A/S  (LTS:0RPR) 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.

Ringkjoebing Landbobank A/S's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=614.00/20.11
=30.53

* 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 Ringkjoebing Landbobank A/S was 39.90. The lowest was 9.24. And the median was 28.37.


Be Aware

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


Ringkjoebing Landbobank A/S E10 Related Terms

Thank you for viewing the detailed overview of Ringkjoebing Landbobank A/S's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Ringkjoebing Landbobank A/S (LTS:0RPR) Business Description

Traded in Other Exchanges
Address
Torvet 1, Ringkobing, DNK, 6950
Ringkjoebing Landbobank A/S is a bank that carries out its operating activities primarily in Denmark. A majority of the bank's core income is net interest income. Most of the bank's net fees, commissions, and foreign exchange income are derived from asset management, followed by guarantee commissions, securities trading, and custody accounts. The bank's capital objective is to maintain strong capitalization for future growth while covering any fluctuation of the risks it assumes. The bank's credit is diversified to the energy business, as well as financial services, real property, and agriculture.

Ringkjoebing Landbobank A/S (LTS:0RPR) Headlines

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