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M & F Bancorp (M & F Bancorp) E10 : $0.30 (As of Jun. 2016)


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What is M & F Bancorp 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.

M & F Bancorp's adjusted earnings per share data for the three months ended in Jun. 2016 was $-0.004. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.30 for the trailing ten years ended in Jun. 2016.

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 (2024-06-09), M & F Bancorp's current stock price is $14.00. M & F Bancorp's E10 for the quarter that ended in Jun. 2016 was $0.30. M & F Bancorp's Shiller PE Ratio of today is 46.67.


M & F Bancorp E10 Historical Data

The historical data trend for M & F Bancorp'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.

M & F Bancorp E10 Chart

M & F Bancorp 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 0.61 0.54 0.46 0.42 0.37

M & F Bancorp Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 0.41 0.39 0.37 0.32 0.30

Competitive Comparison of M & F Bancorp's E10

For the Banks - Regional subindustry, M & F Bancorp'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.


M & F Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where M & F Bancorp's Shiller PE Ratio falls into.



M & F Bancorp 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, M & F Bancorp's adjusted earnings per share data for the three months ended in Jun. 2016 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=-0.004/101.6881*101.6881
=-0.004

Current CPI (Jun. 2016) = 101.6881.

M & F Bancorp Quarterly Data

per share eps CPI Adj_EPS
200609 0.230 85.606 0.273
200612 0.210 85.142 0.251
200703 0.240 86.640 0.282
200706 0.050 87.906 0.058
200709 0.250 87.964 0.289
200712 0.000 88.616 0.000
200803 0.930 90.090 1.050
200806 -0.170 92.320 -0.187
200809 0.050 92.307 0.055
200812 -0.230 88.697 -0.264
200903 0.150 89.744 0.170
200906 0.060 91.003 0.067
200909 0.070 91.120 0.078
200912 -0.100 91.111 -0.112
201003 0.040 91.821 0.044
201006 0.060 91.962 0.066
201009 -0.020 92.162 -0.022
201012 0.090 92.474 0.099
201103 0.150 94.283 0.162
201106 0.020 95.235 0.021
201109 0.040 95.727 0.042
201112 -0.030 95.213 -0.032
201203 0.040 96.783 0.042
201206 0.060 96.819 0.063
201209 0.070 97.633 0.073
201212 -0.120 96.871 -0.126
201303 -0.020 98.209 -0.021
201306 -0.030 98.518 -0.031
201309 0.050 98.790 0.051
201312 0.070 98.326 0.072
201403 0.110 99.695 0.112
201406 0.220 100.560 0.222
201409 0.080 100.428 0.081
201412 -0.010 99.070 -0.010
201503 -0.110 99.621 -0.112
201506 0.130 100.684 0.131
201509 0.110 100.392 0.111
201512 -0.070 99.792 -0.071
201603 -0.070 100.470 -0.071
201606 -0.004 101.688 -0.004

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


M & F Bancorp  (OTCPK:MFBP) 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.

M & F Bancorp's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=14.00/0.3
=46.67

* 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.


Be Aware

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


M & F Bancorp E10 Related Terms

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


M & F Bancorp (M & F Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2634 Durham Chapel Hill Boulevard, Suite 101, Durham, NC, USA, 27707
M & F Bancorp Inc is a bank holding company. The Bank has seven branches in North Carolina: two in Durham, two in Raleigh, and one each in Charlotte, Greensboro, and Winston-Salem. The company operates as a single business segment and offers a wide variety of consumer and commercial banking services and products. The Bank offers banking services such as checking accounts, savings accounts, Negotiable Order of Withdrawal accounts, money market accounts, certificates of deposit, individual retirement accounts, equity lines of credit, credit lines, consumer loans, and credit cards.
Executives
Jonathan Sears Woodall officer: SVP/CFO 5136 LINKSLAND DRIVE, HOLLY SPRINGS NC 27540

M & F Bancorp (M & F Bancorp) Headlines

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