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Far Eastern International Bank (TPE:2845) E10 : NT$1.03 (As of Sep. 2024)


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What is Far Eastern International 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.

Far Eastern International Bank's adjusted earnings per share data for the three months ended in Sep. 2024 was NT$0.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.03 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Far Eastern International Bank's average E10 Growth Rate was 2.00% per year. During the past 3 years, the average E10 Growth Rate was 4.70% per year. During the past 5 years, the average E10 Growth Rate was 10.80% 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 Far Eastern International Bank was 20.60% per year. The lowest was 3.60% per year. And the median was 4.70% per year.

As of today (2024-12-15), Far Eastern International Bank's current stock price is NT$13.55. Far Eastern International Bank's E10 for the quarter that ended in Sep. 2024 was NT$1.03. Far Eastern International Bank's Shiller PE Ratio of today is 13.16.

During the past 13 years, the highest Shiller PE Ratio of Far Eastern International Bank was 18.09. The lowest was 9.23. And the median was 11.08.


Far Eastern International Bank E10 Historical Data

The historical data trend for Far Eastern International 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.

Far Eastern International Bank E10 Chart

Far Eastern International 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 0.89 0.88 0.93 0.99 1.01

Far Eastern International 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 1.01 1.01 1.03 1.03 1.03

Competitive Comparison of Far Eastern International Bank's E10

For the Banks - Regional subindustry, Far Eastern International 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.


Far Eastern International Bank's Shiller PE Ratio Distribution in the Banks Industry

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

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



Far Eastern International 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, Far Eastern International 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)
=0.26/133.0289*133.0289
=0.260

Current CPI (Sep. 2024) = 133.0289.

Far Eastern International Bank Quarterly Data

per share eps CPI Adj_EPS
201412 0.175 99.070 0.235
201503 0.254 99.621 0.339
201506 0.239 100.684 0.316
201509 0.251 100.392 0.333
201512 0.203 99.792 0.271
201603 0.219 100.470 0.290
201606 0.195 101.688 0.255
201609 0.207 101.861 0.270
201612 0.191 101.863 0.249
201703 0.183 102.862 0.237
201706 0.232 103.349 0.299
201709 0.205 104.136 0.262
201712 0.094 104.011 0.120
201803 0.188 105.290 0.238
201806 0.256 106.317 0.320
201809 0.262 106.507 0.327
201812 0.210 105.998 0.264
201903 0.297 107.251 0.368
201906 0.271 108.070 0.334
201909 0.216 108.329 0.265
201912 0.153 108.420 0.188
202003 0.099 108.902 0.121
202006 0.324 108.767 0.396
202009 0.183 109.815 0.222
202012 0.046 109.897 0.056
202103 0.211 111.754 0.251
202106 0.165 114.631 0.191
202109 0.200 115.734 0.230
202112 0.190 117.630 0.215
202203 0.171 121.301 0.188
202206 0.267 125.017 0.284
202209 0.228 125.227 0.242
202212 0.276 125.222 0.293
202303 0.200 127.348 0.209
202306 0.276 128.729 0.285
202309 0.330 129.860 0.338
202312 0.171 129.419 0.176
202403 0.286 131.776 0.289
202406 0.276 132.554 0.277
202409 0.260 133.029 0.260

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


Far Eastern International Bank  (TPE:2845) 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.

Far Eastern International Bank's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=13.55/1.03
=13.16

* 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 Far Eastern International Bank was 18.09. The lowest was 9.23. And the median was 11.08.


Be Aware

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


Far Eastern International Bank E10 Related Terms

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


Far Eastern International Bank Business Description

Traded in Other Exchanges
N/A
Address
No. 207, Dunhua South Road, 26, 27th Floor, Section 2, Daan District, Taipei, TWN, 106
Far Eastern International Bank is a provider of financial solutions in Taiwan. The bank serves both individual and institutional customers through personal banking and corporate banking. The bank offers services such as savings and checking accounts, foreign exchange services, insurance, tax-savings, wealth management, credit cards, consumer loans, mortgages, car loans, offshore banking services, derivatives, margin trading, asset swaps, trading of government and corporate bonds, bank debentures, trusts, and real estate services. The bank generates all revenue domestically.

Far Eastern International Bank Headlines

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