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Truist Financial (MEX:TFC) E10 : MXN79.65 (As of Dec. 2024)


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What is Truist Financial 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.

Truist Financial's adjusted earnings per share data for the three months ended in Dec. 2024 was MXN18.979. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN79.65 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Truist Financial's average E10 Growth Rate was 2.00% per year. During the past 3 years, the average E10 Growth Rate was 1.10% per year. During the past 5 years, the average E10 Growth Rate was 5.20% per year. During the past 10 years, the average E10 Growth Rate was 5.10% 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 Truist Financial was 13.20% per year. The lowest was -2.10% per year. And the median was 7.45% per year.

As of today (2025-03-19), Truist Financial's current stock price is MXN959.80. Truist Financial's E10 for the quarter that ended in Dec. 2024 was MXN79.65. Truist Financial's Shiller PE Ratio of today is 12.05.

During the past 13 years, the highest Shiller PE Ratio of Truist Financial was 23.25. The lowest was 6.74. And the median was 15.59.


Truist Financial E10 Historical Data

The historical data trend for Truist Financial'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.

Truist Financial E10 Chart

Truist Financial 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 58.58 74.47 71.97 60.71 79.65

Truist Financial 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 60.71 58.21 61.91 64.99 79.65

Competitive Comparison of Truist Financial's E10

For the Banks - Regional subindustry, Truist Financial'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.


Truist Financial's Shiller PE Ratio Distribution in the Banks Industry

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

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



Truist Financial 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, Truist Financial'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)
=18.979/133.1571*133.1571
=18.979

Current CPI (Dec. 2024) = 133.1571.

Truist Financial Quarterly Data

per share eps CPI Adj_EPS
201503 10.214 99.621 13.652
201506 9.728 100.684 12.866
201509 10.815 100.392 14.345
201512 11.005 99.792 14.684
201603 11.533 100.470 15.285
201606 12.206 101.688 15.983
201609 14.115 101.861 18.452
201612 14.844 101.863 19.404
201703 8.661 102.862 11.212
201706 13.919 103.349 17.934
201709 13.430 104.136 17.173
201712 15.122 104.011 19.359
201803 17.078 105.290 21.598
201806 19.453 106.317 24.364
201809 18.892 106.507 23.619
201812 19.046 105.998 23.926
201903 18.816 107.251 23.361
201906 20.938 108.070 25.799
201909 18.755 108.329 23.053
201912 14.145 108.420 17.372
202003 17.117 108.902 20.929
202006 15.465 108.767 18.933
202009 17.452 109.815 21.162
202012 17.903 109.897 21.692
202103 20.032 111.754 23.868
202106 23.091 114.631 26.823
202109 24.674 115.734 28.388
202112 23.181 117.630 26.241
202203 19.712 121.301 21.639
202206 21.929 125.017 23.357
202209 23.132 125.227 24.597
202212 23.395 125.222 24.878
202303 18.926 127.348 19.789
202306 15.772 128.729 16.315
202309 13.935 129.860 14.289
202312 -65.690 129.419 -67.587
202403 13.443 131.776 13.584
202406 11.358 132.554 11.410
202409 19.493 133.029 19.512
202412 18.979 133.157 18.979

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


Truist Financial  (MEX:TFC) 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.

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

Shiller PE Ratio=Share Price/E10
=959.80/79.65
=12.05

* 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 Truist Financial was 23.25. The lowest was 6.74. And the median was 15.59.


Be Aware

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


Truist Financial E10 Related Terms

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


Truist Financial Business Description

Address
214 North Tryon Street, Charlotte, NC, USA, 28202
Based in Charlotte, North Carolina, Truist is the combination of BB&T and SunTrust. Truist is a regional bank with a presence primarily in the Southeastern United States. In addition to commercial banking, retail banking, and investment banking operations, the company operates several nonbank segments.