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Hvidbjerg Bank AS (OCSE:HVID) E10 : kr14.31 (As of Dec. 2024)


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What is Hvidbjerg Bank AS 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.

Hvidbjerg Bank AS's adjusted earnings per share data for the three months ended in Dec. 2024 was kr4.929. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr14.31 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Hvidbjerg Bank AS's average E10 Growth Rate was 12.00% per year. During the past 3 years, the average E10 Growth Rate was 27.00% per year. During the past 5 years, the average E10 Growth Rate was 39.20% 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 Hvidbjerg Bank AS was 74.30% per year. The lowest was 27.00% per year. And the median was 47.15% per year.

As of today (2025-03-25), Hvidbjerg Bank AS's current stock price is kr134.00. Hvidbjerg Bank AS's E10 for the quarter that ended in Dec. 2024 was kr14.31. Hvidbjerg Bank AS's Shiller PE Ratio of today is 9.36.

During the past 13 years, the highest Shiller PE Ratio of Hvidbjerg Bank AS was 261.36. The lowest was 7.93. And the median was 15.31.


Hvidbjerg Bank AS E10 Historical Data

The historical data trend for Hvidbjerg Bank AS'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.

Hvidbjerg Bank AS E10 Chart

Hvidbjerg Bank AS 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 4.59 6.99 10.18 12.78 14.31

Hvidbjerg Bank AS 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 12.78 13.47 13.62 14.12 14.31

Competitive Comparison of Hvidbjerg Bank AS's E10

For the Banks - Regional subindustry, Hvidbjerg Bank AS'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.


Hvidbjerg Bank AS's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Hvidbjerg Bank AS's Shiller PE Ratio falls into.



Hvidbjerg Bank AS 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, Hvidbjerg Bank AS'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)
=4.929/118.9000*118.9000
=4.929

Current CPI (Dec. 2024) = 118.9000.

Hvidbjerg Bank AS Quarterly Data

per share eps CPI Adj_EPS
201503 2.170 100.200 2.575
201506 2.445 100.300 2.898
201509 1.753 100.200 2.080
201512 4.110 99.800 4.897
201603 1.240 100.200 1.471
201606 1.372 100.600 1.622
201609 2.346 100.200 2.784
201612 1.858 100.300 2.203
201703 2.479 101.200 2.913
201706 2.337 101.200 2.746
201709 2.828 101.800 3.303
201712 0.711 101.300 0.835
201803 2.991 101.700 3.497
201806 1.825 102.300 2.121
201809 2.972 102.400 3.451
201812 2.044 102.100 2.380
201903 3.103 102.900 3.585
201906 3.585 102.900 4.142
201909 6.642 102.900 7.675
201912 2.877 102.900 3.324
202003 3.024 103.300 3.481
202006 1.778 103.200 2.048
202009 2.034 103.500 2.337
202012 1.931 103.400 2.220
202103 3.704 104.300 4.222
202106 2.916 105.000 3.302
202109 3.593 105.800 4.038
202112 3.918 106.600 4.370
202203 4.619 109.900 4.997
202206 4.088 113.600 4.279
202209 2.935 116.400 2.998
202212 3.341 115.900 3.427
202303 3.956 117.300 4.010
202306 4.372 116.400 4.466
202309 5.487 117.400 5.557
202312 6.203 116.700 6.320
202403 5.476 118.400 5.499
202406 4.320 118.500 4.335
202409 5.798 118.900 5.798
202412 4.929 118.900 4.929

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


Hvidbjerg Bank AS  (OCSE:HVID) 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.

Hvidbjerg Bank AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=134.00/14.31
=9.36

* 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 Hvidbjerg Bank AS was 261.36. The lowest was 7.93. And the median was 15.31.


Be Aware

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


Hvidbjerg Bank AS E10 Related Terms

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


Hvidbjerg Bank AS Business Description

Traded in Other Exchanges
N/A
Address
Ostergade 2, Thyholm, DNK, 7790
Hvidbjerg Bank AS is a Denmark-based bank that offers various banking products and services.It offers financial services to private individuals and local businesses. The bank offers pension products, mortgages and personal loans, investment services, and Internet banking. It operates in the central and western Jutland Limfjord area and has four departments in Hvidbjerg / Hurup, Struer, Viborg, and Holstebro.

Hvidbjerg Bank AS Headlines

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