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PBNNF (PT Bank Negara Indonesia (Persero) Tbk) E10 : $0.04 (As of Sep. 2024)


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What is PT Bank Negara Indonesia (Persero) Tbk 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.

PT Bank Negara Indonesia (Persero) Tbk's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.04 for the trailing ten years ended in Sep. 2024.

During the past 12 months, PT Bank Negara Indonesia (Persero) Tbk's average E10 Growth Rate was 6.70% per year. During the past 3 years, the average E10 Growth Rate was 8.10% 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 PT Bank Negara Indonesia (Persero) Tbk was 8.10% per year. The lowest was 0.40% per year. And the median was 4.25% per year.

As of today (2024-12-12), PT Bank Negara Indonesia (Persero) Tbk's current stock price is $0.305. PT Bank Negara Indonesia (Persero) Tbk's E10 for the quarter that ended in Sep. 2024 was $0.04. PT Bank Negara Indonesia (Persero) Tbk's Shiller PE Ratio of today is 7.63.

During the past 13 years, the highest Shiller PE Ratio of PT Bank Negara Indonesia (Persero) Tbk was 17.96. The lowest was 4.60. And the median was 11.55.


PT Bank Negara Indonesia (Persero) Tbk E10 Historical Data

The historical data trend for PT Bank Negara Indonesia (Persero) Tbk'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.

PT Bank Negara Indonesia (Persero) Tbk E10 Chart

PT Bank Negara Indonesia (Persero) Tbk 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 0.03 0.02 0.02 0.03 0.03

PT Bank Negara Indonesia (Persero) Tbk 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 0.02 0.03 0.03 0.04 0.04

Competitive Comparison of PT Bank Negara Indonesia (Persero) Tbk's E10

For the Banks - Regional subindustry, PT Bank Negara Indonesia (Persero) Tbk'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.


PT Bank Negara Indonesia (Persero) Tbk's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PT Bank Negara Indonesia (Persero) Tbk's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PT Bank Negara Indonesia (Persero) Tbk's Shiller PE Ratio falls into.



PT Bank Negara Indonesia (Persero) Tbk 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, PT Bank Negara Indonesia (Persero) Tbk'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)
=0.01/130.3609*130.3609
=0.010

Current CPI (Sep. 2024) = 130.3609.

PT Bank Negara Indonesia (Persero) Tbk Quarterly Data

per share eps CPI Adj_EPS
201412 0.007 98.819 0.009
201503 0.006 98.388 0.008
201506 -0.001 99.766 -0.001
201509 0.007 101.037 0.009
201512 0.006 102.133 0.008
201603 0.006 102.764 0.008
201606 0.003 103.212 0.004
201609 0.007 104.142 0.009
201612 0.007 105.222 0.009
201703 0.006 106.476 0.007
201706 0.006 107.722 0.007
201709 0.007 108.020 0.008
201712 0.007 109.017 0.008
201803 0.007 110.097 0.008
201806 0.007 111.085 0.008
201809 0.007 111.135 0.008
201812 0.007 112.430 0.008
201903 0.008 112.829 0.009
201906 0.007 114.730 0.008
201909 0.008 114.905 0.009
201912 0.007 115.486 0.008
202003 0.007 116.252 0.008
202006 0.000 116.630 0.000
202009 0.000 116.397 0.000
202012 -0.002 117.318 -0.002
202103 0.004 117.840 0.004
202106 0.005 118.184 0.006
202109 0.005 118.262 0.006
202112 0.006 119.516 0.007
202203 0.007 120.948 0.008
202206 0.009 123.322 0.010
202209 0.009 125.298 0.009
202212 0.008 126.098 0.008
202303 0.009 126.953 0.009
202306 0.009 127.663 0.009
202309 0.009 128.151 0.009
202312 0.009 129.395 0.009
202403 0.009 130.607 0.009
202406 0.009 130.792 0.009
202409 0.010 130.361 0.010

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


PT Bank Negara Indonesia (Persero) Tbk  (OTCPK:PBNNF) 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.

PT Bank Negara Indonesia (Persero) Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.305/0.04
=7.63

* 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 PT Bank Negara Indonesia (Persero) Tbk was 17.96. The lowest was 4.60. And the median was 11.55.


Be Aware

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


PT Bank Negara Indonesia (Persero) Tbk E10 Related Terms

Thank you for viewing the detailed overview of PT Bank Negara Indonesia (Persero) Tbk's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Bank Negara Indonesia (Persero) Tbk Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Sudirman Kav. 1, Gedung Grha BNI, Jakarta Pusat, Jakarta, IDN, 10220
PT Bank Negara Indonesia (Persero) Tbk is an Indonesian state-owned bank, with the government holding just over half of the bank's outstanding shares. BNI's main banking activities include deposit-taking, providing credit, issuing debt instruments, money transfer services, secondary market services, wholesale banking, custody banking, capital investment, and other services. Its business divisions include Corporate and International Banking; Institutional Banking; Enterprises and Commercial Banking; Consumer Banking and Treasury.