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Asia United Bank (PHS:AUB) E10 : ₱6.84 (As of Sep. 2024)


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What is Asia United Bank 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.

Asia United Bank's adjusted earnings per share data for the three months ended in Sep. 2024 was ₱4.596. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₱6.84 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Asia United Bank's average E10 Growth Rate was 23.00% per year. During the past 3 years, the average E10 Growth Rate was 0.10% 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 Asia United Bank was 0.10% per year. The lowest was 0.10% per year. And the median was 0.10% per year.

As of today (2025-03-14), Asia United Bank's current stock price is ₱76.00. Asia United Bank's E10 for the quarter that ended in Sep. 2024 was ₱6.84. Asia United Bank's Shiller PE Ratio of today is 11.11.

During the past 13 years, the highest Shiller PE Ratio of Asia United Bank was 11.40. The lowest was 3.86. And the median was 5.01.


Asia United Bank E10 Historical Data

The historical data trend for Asia United Bank'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.

Asia United Bank E10 Chart

Asia United Bank 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 - 5.77 6.13 6.74 5.78

Asia United Bank 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 5.56 5.78 6.18 6.49 6.84

Competitive Comparison of Asia United Bank's E10

For the Banks - Regional subindustry, Asia United Bank'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.


Asia United Bank's Shiller PE Ratio Distribution in the Banks Industry

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

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



Asia United Bank 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, Asia United Bank'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)
=4.596/133.0289*133.0289
=4.596

Current CPI (Sep. 2024) = 133.0289.

Asia United Bank Quarterly Data

per share eps CPI Adj_EPS
201412 0.125 99.070 0.168
201503 0.614 99.621 0.820
201506 0.555 100.684 0.733
201509 0.488 100.392 0.647
201512 0.426 99.792 0.568
201603 0.785 100.470 1.039
201606 0.926 101.688 1.211
201609 0.810 101.861 1.058
201612 0.634 101.863 0.828
201703 0.891 102.862 1.152
201706 0.932 103.349 1.200
201709 1.161 104.136 1.483
201712 -0.113 104.011 -0.145
201803 1.090 105.290 1.377
201806 1.060 106.317 1.326
201809 0.976 106.507 1.219
201812 0.393 105.998 0.493
201903 1.518 107.251 1.883
201906 2.007 108.070 2.471
201909 1.680 108.329 2.063
201912 0.919 108.420 1.128
202003 1.625 108.902 1.985
202006 1.530 108.767 1.871
202009 2.000 109.815 2.423
202012 -1.003 109.897 -1.214
202103 0.996 111.754 1.186
202106 1.662 114.631 1.929
202109 1.371 115.734 1.576
202112 1.539 117.630 1.740
202203 1.808 121.301 1.983
202206 2.195 125.017 2.336
202209 2.330 125.227 2.475
202212 2.276 125.222 2.418
202303 4.155 127.348 4.340
202306 2.899 128.729 2.996
202309 2.681 129.860 2.746
202312 2.999 129.419 3.083
202403 3.207 131.776 3.237
202406 3.975 132.554 3.989
202409 4.596 133.029 4.596

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


Asia United Bank  (PHS:AUB) 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.

Asia United Bank's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=76.00/6.84
=11.11

* 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 Asia United Bank was 11.40. The lowest was 3.86. And the median was 5.01.


Be Aware

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


Asia United Bank E10 Related Terms

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


Asia United Bank Business Description

Traded in Other Exchanges
N/A
Address
No. 17 ADB Avenue, Joy-Nostalg Center, Ortigas Center, Pasig City, PHL, 1600
Asia United Bank Corp is a banking service provider in the Philippines. It offers banking and financial products to corporate and individual customers. It functions through five divisions. Commercial Banking provides lending, trade, and cash management services to corporate and institutional customers. The Consumer Banking segment offers banking services to retail customers. The Treasury segment functions include managing the group's reserve and liquidity position and maintaining its balance sheet by investing in sovereign and corporate debt instruments. The Branch Banking segment, which is the key revenue driver, offers retail deposit products. The Others segment includes the group's income from trust activities, remittances, investment banking, and gains on foreclosed properties.