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KCB Group (NAI:KCB) E10 : KES14.92 (As of Sep. 2024)


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What is KCB Group 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.

KCB Group's adjusted earnings per share data for the three months ended in Sep. 2024 was KES4.776. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is KES14.92 for the trailing ten years ended in Sep. 2024.

During the past 12 months, KCB Group's average E10 Growth Rate was 17.60% 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 (2025-03-20), KCB Group's current stock price is KES42.45. KCB Group's E10 for the quarter that ended in Sep. 2024 was KES14.92. KCB Group's Shiller PE Ratio of today is 2.85.

During the past 13 years, the highest Shiller PE Ratio of KCB Group was 4.51. The lowest was 1.26. And the median was 2.62.


KCB Group E10 Historical Data

The historical data trend for KCB Group'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.

KCB Group E10 Chart

KCB Group 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 - - 10.43 11.36 12.69

KCB Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 12.69 12.69 14.28 14.58 14.92

Competitive Comparison of KCB Group's E10

For the Banks - Regional subindustry, KCB Group'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.


KCB Group's Shiller PE Ratio Distribution in the Banks Industry

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

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



KCB Group 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, KCB Group's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=4.776/133.0289*133.0289
=4.776

Current CPI (Sep. 2024) = 133.0289.

KCB Group Quarterly Data

per share eps CPI Adj_EPS
201412 1.443 99.070 1.938
201503 5.770 99.621 7.705
201506 1.613 100.684 2.131
201509 1.485 100.392 1.968
201512 1.946 99.792 2.594
201603 6.120 100.470 8.103
201606 1.868 101.688 2.444
201609 1.346 101.861 1.758
201612 1.751 101.863 2.287
201703 5.930 102.862 7.669
201706 1.865 103.349 2.401
201709 1.570 104.136 2.006
201712 1.509 104.011 1.930
201803 1.691 105.290 2.137
201806 2.260 106.317 2.828
201809 1.935 106.507 2.417
201812 1.941 105.998 2.436
201903 1.883 107.251 2.336
201906 2.266 108.070 2.789
201909 2.101 108.329 2.580
201912 1.868 108.420 2.292
202003 1.949 108.902 2.381
202006 0.409 108.767 0.500
202009 1.031 109.815 1.249
202012 2.711 109.897 3.282
202103 1.984 111.754 2.362
202106 2.777 114.631 3.223
202109 3.072 115.734 3.531
202112 2.776 117.630 3.139
202203 3.046 121.301 3.341
202206 3.029 125.017 3.223
202209 3.404 125.227 3.616
202212 3.160 125.222 3.357
202303 12.610 127.348 13.173
202306 1.896 128.729 1.959
202309 4.460 129.860 4.569
202312 1.944 129.419 1.998
202403 20.520 131.776 20.715
202406 4.076 132.554 4.091
202409 4.776 133.029 4.776

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


KCB Group  (NAI:KCB) 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.

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

Shiller PE Ratio=Share Price/E10
=42.45/14.92
=2.85

* 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 KCB Group was 4.51. The lowest was 1.26. And the median was 2.62.


Be Aware

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


KCB Group E10 Related Terms

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


KCB Group Business Description

Traded in Other Exchanges
N/A
Address
Kencom House, Moi Avenue, P.O. Box 48400, 6th Floor, Nairobi, KEN, 00100
KCB Group Ltd provides banking services. The company's operating segment includes Retail Banking; Corporate Banking; Mortgages; Treasury and Others. It generates maximum revenue from the Retail banking segment. The Retail banking segment incorporates banking services such as customer current accounts, savings, and fixed deposits to individuals. Retail lending is mainly consumer loans and mortgage based lending. Geographically, it derives a majority of its revenue from Kenya.

KCB Group Headlines

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