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Banco del Bajio (MEX:BBAJIOO) E10 : MXN5.88 (As of Mar. 2024)


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What is Banco del Bajio 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.

Banco del Bajio's adjusted earnings per share data for the three months ended in Mar. 2024 was MXN2.335. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN5.88 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Banco del Bajio's average E10 Growth Rate was 24.80% 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.

As of today (2024-06-25), Banco del Bajio's current stock price is MXN53.60. Banco del Bajio's E10 for the quarter that ended in Mar. 2024 was MXN5.88. Banco del Bajio's Shiller PE Ratio of today is 9.12.

During the past 13 years, the highest Shiller PE Ratio of Banco del Bajio was 13.92. The lowest was 8.65. And the median was 11.00.


Banco del Bajio E10 Historical Data

The historical data trend for Banco del Bajio'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.

Banco del Bajio E10 Chart

Banco del Bajio 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 - - - - 5.71

Banco del Bajio 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 4.71 4.83 5.52 5.71 5.88

Competitive Comparison of Banco del Bajio's E10

For the Banks - Regional subindustry, Banco del Bajio'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.


Banco del Bajio's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Banco del Bajio's Shiller PE Ratio falls into.



Banco del Bajio 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, Banco del Bajio'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)
=2.335/152.9470*152.9470
=2.335

Current CPI (Mar. 2024) = 152.9470.

Banco del Bajio Quarterly Data

per share eps CPI Adj_EPS
201406 0.000 96.609 0.000
201409 0.321 97.652 0.503
201412 0.311 99.469 0.478
201503 0.297 99.973 0.454
201506 0.305 99.382 0.469
201509 0.316 100.112 0.483
201512 0.363 101.588 0.547
201603 0.397 102.573 0.592
201606 0.438 101.905 0.657
201609 0.510 103.084 0.757
201612 0.535 105.002 0.779
201703 0.677 108.063 0.958
201706 0.790 108.339 1.115
201709 0.873 109.628 1.218
201712 0.893 112.114 1.218
201803 0.971 113.505 1.308
201806 1.029 113.373 1.388
201809 1.116 115.130 1.483
201812 1.150 117.530 1.497
201903 1.185 118.050 1.535
201906 1.187 117.848 1.541
201909 1.167 118.581 1.505
201912 1.173 120.854 1.484
202003 1.040 121.885 1.305
202006 0.592 121.777 0.744
202009 0.638 123.341 0.791
202012 0.618 124.661 0.758
202103 0.794 127.574 0.952
202106 0.899 128.936 1.066
202109 1.050 130.742 1.228
202112 1.302 133.830 1.488
202203 1.282 137.082 1.430
202206 1.522 139.233 1.672
202209 4.577 142.116 4.926
202212 2.207 144.291 2.339
202303 2.261 146.472 2.361
202306 2.338 146.272 2.445
202309 6.916 148.446 7.126
202312 2.340 151.017 2.370
202403 2.335 152.947 2.335

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


Banco del Bajio  (MEX:BBAJIOO) 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.

Banco del Bajio's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=53.60/5.88
=9.12

* 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 Banco del Bajio was 13.92. The lowest was 8.65. And the median was 11.00.


Be Aware

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


Banco del Bajio E10 Related Terms

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


Banco del Bajio (MEX:BBAJIOO) Business Description

Traded in Other Exchanges
Address
Avenida Manuel J. Clouthier No. 402, Col. Jardines del Campestre, León, MEX, 37128
Banco del Bajio SA is a Mexico based company engaged in the provision of full-banking services. Its activities include receiving deposits, accepting loans, granting loans, operations with securities, trust agreements, and financial factoring and leasing operations. The business segments of the company are Banking and credit transactions, Rediscounted transactions, Treasury transactions and other segments. It derives a majority of the revenue from the Banking and credit transactions activities segment. The bank operates majorly in Mexico.

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