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Equity Group Holdings (NAI:EQTY) E10 : KES8.30 (As of Mar. 2024)


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What is Equity Group Holdings 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.

Equity Group Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was KES4.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is KES8.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Equity Group Holdings's average E10 Growth Rate was 13.10% per year. During the past 3 years, the average E10 Growth Rate was 43.00% 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 Equity Group Holdings was 43.00% per year. The lowest was 43.00% per year. And the median was 43.00% per year.

As of today (2024-06-19), Equity Group Holdings's current stock price is KES43.65. Equity Group Holdings's E10 for the quarter that ended in Mar. 2024 was KES8.30. Equity Group Holdings's Shiller PE Ratio of today is 5.26.

During the past 13 years, the highest Shiller PE Ratio of Equity Group Holdings was 15.46. The lowest was 4.28. And the median was 6.73.


Equity Group Holdings E10 Historical Data

The historical data trend for Equity Group Holdings'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.

Equity Group Holdings E10 Chart

Equity Group Holdings 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 - 2.70 5.85 7.01 7.89

Equity Group Holdings 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 7.34 7.66 7.87 7.89 8.30

Competitive Comparison of Equity Group Holdings's E10

For the Banks - Regional subindustry, Equity Group Holdings'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.


Equity Group Holdings's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Equity Group Holdings's Shiller PE Ratio falls into.



Equity Group Holdings 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, Equity Group Holdings'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)
=4.08/131.7762*131.7762
=4.080

Current CPI (Mar. 2024) = 131.7762.

Equity Group Holdings Quarterly Data

per share eps CPI Adj_EPS
201406 1.021 100.560 1.338
201409 0.959 100.428 1.258
201412 1.600 99.070 2.128
201503 1.160 99.621 1.534
201506 1.154 100.684 1.510
201509 1.152 100.392 1.512
201512 1.250 99.792 1.651
201603 1.390 100.470 1.823
201606 1.290 101.688 1.672
201609 1.300 101.861 1.682
201612 0.405 101.863 0.524
201703 1.280 102.862 1.640
201706 1.190 103.349 1.517
201709 1.400 104.136 1.772
201712 1.130 104.011 1.432
201803 1.550 105.290 1.940
201806 1.350 106.317 1.673
201809 1.270 106.507 1.571
201812 1.050 105.998 1.305
201903 1.640 107.251 2.015
201906 1.540 108.070 1.878
201909 1.410 108.329 1.715
201912 1.340 108.420 1.629
202003 1.410 108.902 1.706
202006 0.980 108.767 1.187
202009 1.540 109.815 1.848
202012 1.310 109.897 1.571
202103 2.290 111.754 2.700
202106 2.360 114.631 2.713
202109 2.330 115.734 2.653
202112 3.400 117.630 3.809
202203 3.060 121.301 3.324
202206 3.230 125.017 3.405
202209 2.550 125.227 2.683
202212 3.060 125.222 3.220
202303 3.260 127.348 3.373
202306 3.490 128.729 3.573
202309 2.420 129.860 2.456
202312 1.950 129.419 1.986
202403 4.080 131.776 4.080

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


Equity Group Holdings  (NAI:EQTY) 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.

Equity Group Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=43.65/8.3
=5.26

* 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 Equity Group Holdings was 15.46. The lowest was 4.28. And the median was 6.73.


Be Aware

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


Equity Group Holdings E10 Related Terms

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


Equity Group Holdings (NAI:EQTY) Business Description

Traded in Other Exchanges
N/A
Address
Hospital Road, Upper Hill, 9th Floor, P.O.Box 75104, Equity Centre, Nairobi, KEN, 00200
Equity Group Holdings Ltd offers banking and financial services in Kenya. The company offers retail banking, microfinance, and related services. It operates in six geographical markets, Kenya, Uganda, South Sudan, Rwanda, Tanzania, and the Democratic Republic of Congo. The consumer business line focuses on salaried customers or customers receiving other regular remittances, such as the pension. The revenue is derived from Kenya. The firm offers Equity loans, Farm inputs, Mortgage loans, Asset finance loans, Trade finance, Development loan, and Business Loan.

Equity Group Holdings (NAI:EQTY) Headlines

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