GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank OZK (STU:BO8) » Definitions » E10

Bank OZK (STU:BO8) E10 : €3.70 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Bank OZK 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.

Bank OZK's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.389. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bank OZK's average E10 Growth Rate was 15.90% per year. During the past 3 years, the average E10 Growth Rate was 17.50% per year. During the past 5 years, the average E10 Growth Rate was 14.90% per year. During the past 10 years, the average E10 Growth Rate was 16.90% 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 Bank OZK was 21.60% per year. The lowest was 13.50% per year. And the median was 16.60% per year.

As of today (2024-05-26), Bank OZK's current stock price is €42.39. Bank OZK's E10 for the quarter that ended in Mar. 2024 was €3.70. Bank OZK's Shiller PE Ratio of today is 11.46.

During the past 13 years, the highest Shiller PE Ratio of Bank OZK was 52.14. The lowest was 7.04. And the median was 17.81.


Bank OZK E10 Historical Data

The historical data trend for Bank OZK'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.

Bank OZK E10 Chart

Bank OZK 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 2.01 1.89 2.47 3.10 3.50

Bank OZK 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 3.18 3.33 3.51 3.50 3.70

Competitive Comparison of Bank OZK's E10

For the Banks - Regional subindustry, Bank OZK'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.


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

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

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



Bank OZK 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, Bank OZK'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)
=1.389/131.7762*131.7762
=1.389

Current CPI (Mar. 2024) = 131.7762.

Bank OZK Quarterly Data

per share eps CPI Adj_EPS
201406 0.250 100.560 0.328
201409 0.310 100.428 0.407
201412 0.349 99.070 0.464
201503 0.434 99.621 0.574
201506 0.454 100.684 0.594
201509 0.463 100.392 0.608
201512 0.523 99.792 0.691
201603 0.512 100.470 0.672
201606 0.534 101.688 0.692
201609 0.588 101.861 0.761
201612 0.683 101.863 0.884
201703 0.683 102.862 0.875
201706 0.650 103.349 0.829
201709 0.629 104.136 0.796
201712 0.963 104.011 1.220
201803 0.714 105.290 0.894
201806 0.762 106.317 0.944
201809 0.497 106.507 0.615
201812 0.782 105.998 0.972
201903 0.761 107.251 0.935
201906 0.761 108.070 0.928
201909 0.735 108.329 0.894
201912 0.702 108.420 0.853
202003 0.081 108.902 0.098
202006 0.346 108.767 0.419
202009 0.713 109.815 0.856
202012 0.764 109.897 0.916
202103 0.958 111.754 1.130
202106 0.963 114.631 1.107
202109 0.850 115.734 0.968
202112 1.035 117.630 1.159
202203 0.926 121.301 1.006
202206 1.041 125.017 1.097
202209 1.091 125.227 1.148
202212 1.265 125.222 1.331
202303 1.317 127.348 1.363
202306 1.357 128.729 1.389
202309 1.396 129.860 1.417
202312 1.375 129.419 1.400
202403 1.389 131.776 1.389

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


Bank OZK  (STU:BO8) 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.

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

Shiller PE Ratio=Share Price/E10
=42.39/3.7
=11.46

* 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 Bank OZK was 52.14. The lowest was 7.04. And the median was 17.81.


Be Aware

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


Bank OZK E10 Related Terms

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


Bank OZK (STU:BO8) Business Description

Traded in Other Exchanges
Address
18000 Cantrell Road, Little Rock, AR, USA, 72223
Bank OZK is a bank holding company that owns and operates a community bank, Bank of the Ozarks. The bank operates offices primarily in the southeastern United States, as well as Texas, New York, and California. The bank holding company also owns a number of finance subsidiary business trusts formed in connection with the issuance of debt and preferred securities. Bank of the Ozarks provides a wide range of retail and commercial banking services, but principally concentrates its activities on real estate loans, which account for the great majority of the bank's loans and leases. The bank's real estate lending arm, which finances many metropolitan construction and development projects, extends further than many of its community banking competitors.

Bank OZK (STU:BO8) Headlines

No Headlines