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TRMK (Trustmark) E10 : $2.52 (As of Sep. 2024)


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What is Trustmark 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.

Trustmark's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.840. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.52 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Trustmark's average E10 Growth Rate was 6.30% per year. During the past 3 years, the average E10 Growth Rate was 5.10% per year. During the past 5 years, the average E10 Growth Rate was 5.40% per year. During the past 10 years, the average E10 Growth Rate was 2.50% 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 Trustmark was 12.00% per year. The lowest was -2.50% per year. And the median was 5.20% per year.

As of today (2024-12-13), Trustmark's current stock price is $37.26. Trustmark's E10 for the quarter that ended in Sep. 2024 was $2.52. Trustmark's Shiller PE Ratio of today is 14.79.

During the past 13 years, the highest Shiller PE Ratio of Trustmark was 20.37. The lowest was 8.22. And the median was 14.22.


Trustmark E10 Historical Data

The historical data trend for Trustmark'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.

Trustmark E10 Chart

Trustmark 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 1.95 2.04 2.22 2.25 2.37

Trustmark 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 2.37 2.37 2.42 2.49 2.52

Competitive Comparison of Trustmark's E10

For the Banks - Regional subindustry, Trustmark'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.


Trustmark's Shiller PE Ratio Distribution in the Banks Industry

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

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



Trustmark 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, Trustmark'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)
=0.84/133.0289*133.0289
=0.840

Current CPI (Sep. 2024) = 133.0289.

Trustmark Quarterly Data

per share eps CPI Adj_EPS
201412 0.420 99.070 0.564
201503 0.430 99.621 0.574
201506 0.450 100.684 0.595
201509 0.420 100.392 0.557
201512 0.410 99.792 0.547
201603 0.400 100.470 0.530
201606 0.320 101.688 0.419
201609 0.460 101.861 0.601
201612 0.430 101.863 0.562
201703 0.460 102.862 0.595
201706 0.350 103.349 0.451
201709 0.510 104.136 0.652
201712 0.230 104.011 0.294
201803 0.540 105.290 0.682
201806 0.590 106.317 0.738
201809 0.540 106.507 0.674
201812 0.550 105.998 0.690
201903 0.510 107.251 0.633
201906 0.650 108.070 0.800
201909 0.640 108.329 0.786
201912 0.530 108.420 0.650
202003 0.350 108.902 0.428
202006 0.510 108.767 0.624
202009 0.860 109.815 1.042
202012 0.810 109.897 0.980
202103 0.820 111.754 0.976
202106 0.760 114.631 0.882
202109 0.340 115.734 0.391
202112 0.420 117.630 0.475
202203 0.470 121.301 0.515
202206 0.560 125.017 0.596
202209 0.690 125.227 0.733
202212 -0.560 125.222 -0.595
202303 0.820 127.348 0.857
202306 0.740 128.729 0.765
202309 0.560 129.860 0.574
202312 0.590 129.419 0.606
202403 0.680 131.776 0.686
202406 1.200 132.554 1.204
202409 0.840 133.029 0.840

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


Trustmark  (NAS:TRMK) 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.

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

Shiller PE Ratio=Share Price/E10
=37.26/2.52
=14.79

* 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 Trustmark was 20.37. The lowest was 8.22. And the median was 14.22.


Be Aware

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


Trustmark E10 Related Terms

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


Trustmark Business Description

Traded in Other Exchanges
N/A
Address
248 East Capitol Street, Jackson, MS, USA, 39201
Trustmark Corp is a s a bank holding company. Through its subsidiaries, the company operates as a financial services organization providing banking and other financial solutions in Alabama, Florida, Mississippi, Tennessee and Texas. Its principal products and services include, Commercial Banking, Consumer Banking, Mortgage Banking, Insurance, Wealth Management and Trust Services and others. The company is managed along three operating segments; General Banking, Wealth Management and Insurance. The General Banking segment which generates the majority of the revenue provides all traditional banking products and services, including loans, deposits and also consists of internal operations.
Executives
Gerard R Host other: Owned Subsidiary PO BOX 291, JACKSON MS 39205
Marcelo L Eduardo director P. O. BOX 291, JACKSON MS 39205-0291
Richard H Puckett director PO BOX 3170, JACKSON MS 39207
Adolphus B Baker director P. O. BOX 2960, JACKSON MS 39207
Tracy T Conerly director 10 BALLAMORE ROAD, MIRAMAR BEACH FL 32550
Chambers George T. Jr. officer: Principal Accounting, Officer P. O. BOX 291, JACKSON MS 39205-0291
Augustus L Collins director C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
Harry M Walker other: Owned Subsidiary PO BOX 291, JACKSON MS 39205
Maria Luisa Sugay officer: Exec VP & Co-Treasurer P. O. BOX 291, JACKSON MS 39205-0291
Breck W Tyler officer: Executive Officer of P. O. BOX 291, JACKSON MS 39205
Charles Scott Woods other: Wholly Owned Subsidiary P. O. BOX 291, JACKSON MS 39205
Robert B Harvey officer: Executive Officer of P. O. BOX 291, JACKSON MS 39205-0291
David C Kennedy officer: Executive Vice President & P. O. BOX 291, JACKSON MS 39205-0291
Walker Leroy G Jr director 2310 HIGHWAY 80 WEST, STE 3160, JACKSON MS 39204
Joseph T Sarci officer: Executive Vice President & CIO 248 E CAPITOL STREET, JACKSON MS 39201