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SRNN (Southern Banc Co) E10 : $0.42 (As of Mar. 2024)


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What is Southern Banc Co 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.

Southern Banc Co's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.440. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Southern Banc Co's average E10 Growth Rate was 366.70% 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 Southern Banc Co was 31.10% per year. The lowest was -58.70% per year. And the median was -5.55% per year.

As of today (2024-09-24), Southern Banc Co's current stock price is $12.50. Southern Banc Co's E10 for the quarter that ended in Mar. 2024 was $0.42. Southern Banc Co's Shiller PE Ratio of today is 29.76.

During the past 13 years, the highest Shiller PE Ratio of Southern Banc Co was 750.00. The lowest was 26.19. And the median was 49.25.


Southern Banc Co E10 Historical Data

The historical data trend for Southern Banc Co'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.

Southern Banc Co E10 Chart

Southern Banc Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.52 -0.44 -0.39 -0.17 0.21

Southern Banc Co 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 0.09 0.21 0.28 0.36 0.42

Competitive Comparison of Southern Banc Co's E10

For the Banks - Regional subindustry, Southern Banc Co'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.


Southern Banc Co's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Southern Banc Co's Shiller PE Ratio falls into.



Southern Banc Co 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, Southern Banc Co'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)
=0.44/131.7762*131.7762
=0.440

Current CPI (Mar. 2024) = 131.7762.

Southern Banc Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.000 100.560 0.000
201409 -0.180 100.428 -0.236
201412 -0.190 99.070 -0.253
201503 -0.090 99.621 -0.119
201506 -0.070 100.684 -0.092
201509 -0.140 100.392 -0.184
201512 -0.130 99.792 -0.172
201603 0.120 100.470 0.157
201606 -1.610 101.688 -2.086
201609 -0.140 101.861 -0.181
201612 -0.230 101.863 -0.298
201703 -0.080 102.862 -0.102
201706 -0.580 103.349 -0.740
201709 -0.230 104.136 -0.291
201712 -0.730 104.011 -0.925
201803 0.150 105.290 0.188
201806 0.080 106.317 0.099
201809 0.160 106.507 0.198
201812 0.170 105.998 0.211
201903 0.140 107.251 0.172
201906 0.120 108.070 0.146
201909 0.160 108.329 0.195
201912 0.100 108.420 0.122
202003 0.100 108.902 0.121
202006 0.050 108.767 0.061
202009 0.040 109.815 0.048
202012 0.180 109.897 0.216
202103 0.180 111.754 0.212
202106 0.220 114.631 0.253
202109 0.320 115.734 0.364
202112 0.600 117.630 0.672
202203 0.620 121.301 0.674
202206 0.750 125.017 0.791
202209 0.810 125.227 0.852
202212 0.800 125.222 0.842
202303 0.600 127.348 0.621
202306 1.020 128.729 1.044
202309 0.480 129.860 0.487
202312 0.610 129.419 0.621
202403 0.440 131.776 0.440

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


Southern Banc Co  (OTCPK:SRNN) 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.

Southern Banc Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12.50/0.42
=29.76

* 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 Southern Banc Co was 750.00. The lowest was 26.19. And the median was 49.25.


Be Aware

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


Southern Banc Co E10 Related Terms

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


Southern Banc Co Business Description

Traded in Other Exchanges
N/A
Address
221 South 6th Street, Gadsden, AL, USA, 35901
Southern Banc Co Inc provides personal and business banking solutions. It offers banking solutions for every personal banking need including Personal Checking, Mortgage Loans, Consumer Loans, and Home Equity Lines of Credit. The principal business of the Bank consists of accepting deposits from the general public through the Bank's main and branch offices and investing those funds in loans secured by real estate properties, commercial and consumer loans located in the Bank's primary market area, and factoring. The company serves small and medium-sized business customers the United States.
Executives
Fred Taylor director
Little James B Iii director
Craig G Cantrell director
Dowling Thomas F Iii director
Little James B Jr director, officer: Vice President
Gates Little director, officer: President