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PPERY (PT Bank Mandiri (Persero) Tbk) E10 : $0.95 (As of Sep. 2024)


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What is PT Bank Mandiri (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 Mandiri (Persero) Tbk's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.95 for the trailing ten years ended in Sep. 2024.

During the past 12 months, PT Bank Mandiri (Persero) Tbk's average E10 Growth Rate was 11.70% per year. During the past 3 years, the average E10 Growth Rate was 11.10% 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 Mandiri (Persero) Tbk was 11.10% per year. The lowest was 11.10% per year. And the median was 11.10% per year.

As of today (2024-12-12), PT Bank Mandiri (Persero) Tbk's current stock price is $15.7428. PT Bank Mandiri (Persero) Tbk's E10 for the quarter that ended in Sep. 2024 was $0.95. PT Bank Mandiri (Persero) Tbk's Shiller PE Ratio of today is 16.57.

During the past 13 years, the highest Shiller PE Ratio of PT Bank Mandiri (Persero) Tbk was 22.11. The lowest was 4.77. And the median was 15.47.


PT Bank Mandiri (Persero) Tbk E10 Historical Data

The historical data trend for PT Bank Mandiri (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 Mandiri (Persero) Tbk E10 Chart

PT Bank Mandiri (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 -4.77 0.69 0.73 0.76 0.87

PT Bank Mandiri (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 0.83 0.87 0.86 0.85 0.95

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

For the Banks - Regional subindustry, PT Bank Mandiri (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 Mandiri (Persero) Tbk's Shiller PE Ratio Distribution in the Banks Industry

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

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



PT Bank Mandiri (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 Mandiri (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)
=0.43/130.3609*130.3609
=0.430

Current CPI (Sep. 2024) = 130.3609.

PT Bank Mandiri (Persero) Tbk Quarterly Data

per share eps CPI Adj_EPS
201412 0.187 98.819 0.247
201503 0.168 98.388 0.223
201506 0.154 99.766 0.201
201509 0.136 101.037 0.175
201512 0.179 102.133 0.228
201603 0.123 102.764 0.156
201606 0.106 103.212 0.134
201609 0.163 104.142 0.204
201612 0.057 105.222 0.071
201703 0.131 106.476 0.160
201706 0.173 107.722 0.209
201709 0.360 108.020 0.434
201712 0.176 109.017 0.210
201803 0.183 110.097 0.217
201806 0.188 111.085 0.221
201809 0.170 111.135 0.199
201812 0.205 112.430 0.238
201903 0.218 112.829 0.252
201906 0.191 114.730 0.217
201909 0.203 114.905 0.230
201912 0.223 115.486 0.252
202003 0.207 116.252 0.232
202006 0.071 116.630 0.079
202009 0.107 116.397 0.120
202012 0.084 117.318 0.093
202103 0.174 117.840 0.192
202106 0.195 118.184 0.215
202109 0.202 118.262 0.223
202112 0.264 119.516 0.288
202203 0.300 120.948 0.323
202206 0.294 123.322 0.311
202209 0.294 125.298 0.306
202212 0.345 126.098 0.357
202303 0.357 126.953 0.367
202306 0.361 127.663 0.369
202309 0.382 128.151 0.389
202312 0.445 129.395 0.448
202403 0.353 130.607 0.352
202406 0.385 130.792 0.384
202409 0.430 130.361 0.430

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


PT Bank Mandiri (Persero) Tbk  (OTCPK:PPERY) 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 Mandiri (Persero) Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.7428/0.95
=16.57

* 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 Mandiri (Persero) Tbk was 22.11. The lowest was 4.77. And the median was 15.47.


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 Mandiri (Persero) Tbk E10 Related Terms

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


PT Bank Mandiri (Persero) Tbk Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Gatot Subroto Kav. 36-38, Plaza Mandiri, Jakarta, IDN, 12190
PT Bank Mandiri (Persero) Tbk is a full-service bank principally operating in the Indonesian archipelago. The national government of Indonesia owns well over half of the bank's outstanding shares. Its wide range of products and services includes deposit collection, loans, promissory note issuance, guarantee services, wholesale banking, custodian banking, asset and wealth management, factoring and credit card services, and Islamic banking. The bank's strategy emphasizes a cross-selling culture and increased regionalization, expertise-oriented solutions, and ease of access for its micro, small, and midsize enterprise customers. Its loan portfolio is diversified, mostly in industrials, restaurants and hospitality, and the transportation and storage industries.