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Citystatevings Bank (PHS:CSB) E10 : ₱-0.06 (As of Mar. 2024)


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What is Citystatevings 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.

Citystatevings Bank's adjusted earnings per share data for the three months ended in Mar. 2024 was ₱0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₱-0.06 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 40.60% per year. During the past 5 years, the average E10 Growth Rate was 37.30% 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 Citystatevings Bank was 55.30% per year. The lowest was 40.60% per year. And the median was 51.40% per year.

As of today (2024-05-27), Citystatevings Bank's current stock price is ₱8.65. Citystatevings Bank's E10 for the quarter that ended in Mar. 2024 was ₱-0.06. Citystatevings Bank's Shiller PE Ratio of today is .


Citystatevings Bank E10 Historical Data

The historical data trend for Citystatevings 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.

Citystatevings Bank E10 Chart

Citystatevings 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 -0.61 -0.62 -0.05 -0.07 -0.13

Citystatevings Bank 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 -0.08 -0.09 -0.08 -0.13 -0.06

Competitive Comparison of Citystatevings Bank's E10

For the Banks - Regional subindustry, Citystatevings 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.


Citystatevings Bank's Shiller PE Ratio Distribution in the Banks Industry

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

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



Citystatevings 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, Citystatevings Bank'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)
=0.04/131.7762*131.7762
=0.040

Current CPI (Mar. 2024) = 131.7762.

Citystatevings Bank Quarterly Data

per share eps CPI Adj_EPS
201406 -0.240 100.560 -0.315
201409 -0.140 100.428 -0.184
201412 -0.080 99.070 -0.106
201503 -0.380 99.621 -0.503
201506 -0.240 100.684 -0.314
201509 -0.310 100.392 -0.407
201512 -0.260 99.792 -0.343
201603 -0.160 100.470 -0.210
201606 -0.210 101.688 -0.272
201609 -0.190 101.861 -0.246
201612 -0.930 101.863 -1.203
201703 -0.240 102.862 -0.307
201706 0.020 103.349 0.026
201709 -0.110 104.136 -0.139
201712 -0.870 104.011 -1.102
201803 -0.160 105.290 -0.200
201806 0.020 106.317 0.025
201809 -0.080 106.507 -0.099
201812 -0.228 105.998 -0.283
201903 -0.150 107.251 -0.184
201906 -0.010 108.070 -0.012
201909 -0.160 108.329 -0.195
201912 0.088 108.420 0.107
202003 -0.070 108.902 -0.085
202006 -0.030 108.767 -0.036
202009 0.170 109.815 0.204
202012 -0.010 109.897 -0.012
202103 0.020 111.754 0.024
202106 0.190 114.631 0.218
202109 5.530 115.734 6.297
202112 -0.080 117.630 -0.090
202203 0.110 121.301 0.119
202206 -0.040 125.017 -0.042
202209 -0.100 125.227 -0.105
202212 -0.070 125.222 -0.074
202303 0.010 127.348 0.010
202306 -0.050 128.729 -0.051
202309 0.050 129.860 0.051
202312 -0.609 129.419 -0.620
202403 0.040 131.776 0.040

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


Citystatevings Bank  (PHS:CSB) 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.


Be Aware

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


Citystatevings Bank E10 Related Terms

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


Citystatevings Bank (PHS:CSB) Business Description

Traded in Other Exchanges
N/A
Address
709 Shaw Boulevard, 2nd Floor, Citystate Centre Building, Metro Manila, Pasig, PHL, 1600
Citystate Savings Bank Inc offers banking services, such as but not limited to deposit products and services, cash management, onsite/offsite ATM facilities, corporate and retail banking and treasury services. The bank caters to the needs of corporate, middle-market, and retail clients. In its credit and financing business, the bank provides a venue for consumer/personal loans by accepting jewelry for instant cash loans, aside from its own lending activities of servicing commercial loans, real estate and development loans, auto loan financing, salary loans, agricultural loans and a host of other financial services.

Citystatevings Bank (PHS:CSB) Headlines