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Builders Capital Mortgage (TSXV:BCF) E10 : C$1.05 (As of Sep. 2024)


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What is Builders Capital Mortgage 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.

Builders Capital Mortgage's adjusted earnings per share data for the three months ended in Sep. 2024 was C$0.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$1.05 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Builders Capital Mortgage's average E10 Growth Rate was 1.00% 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.

As of today (2025-03-24), Builders Capital Mortgage's current stock price is C$8.83. Builders Capital Mortgage's E10 for the quarter that ended in Sep. 2024 was C$1.05. Builders Capital Mortgage's Shiller PE Ratio of today is 8.41.

During the past 11 years, the highest Shiller PE Ratio of Builders Capital Mortgage was 10.36. The lowest was 7.84. And the median was 8.48.


Builders Capital Mortgage E10 Historical Data

The historical data trend for Builders Capital Mortgage'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.

Builders Capital Mortgage E10 Chart

Builders Capital Mortgage 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 - - - 0.90 1.06

Builders Capital Mortgage 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 1.04 1.06 1.06 1.06 1.05

Competitive Comparison of Builders Capital Mortgage's E10

For the Mortgage Finance subindustry, Builders Capital Mortgage'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.


Builders Capital Mortgage's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Builders Capital Mortgage's Shiller PE Ratio falls into.



Builders Capital Mortgage 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, Builders Capital Mortgage'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)
=0.26/127.2847*127.2847
=0.260

Current CPI (Sep. 2024) = 127.2847.

Builders Capital Mortgage Quarterly Data

per share eps CPI Adj_EPS
201412 0.314 98.367 0.406
201503 0.314 99.789 0.401
201506 0.295 100.500 0.374
201509 0.314 100.421 0.398
201512 0.275 99.947 0.350
201603 0.305 101.054 0.384
201606 0.285 102.002 0.356
201609 0.275 101.765 0.344
201612 0.275 101.449 0.345
201703 0.265 102.634 0.329
201706 0.255 103.029 0.315
201709 0.226 103.345 0.278
201712 0.197 103.345 0.243
201803 0.206 105.004 0.250
201806 0.177 105.557 0.213
201809 0.197 105.636 0.237
201812 0.108 105.399 0.130
201903 0.206 106.979 0.245
201906 0.157 107.690 0.186
201909 0.088 107.611 0.104
201912 0.039 107.769 0.046
202003 0.157 107.927 0.185
202006 0.206 108.401 0.242
202009 0.167 108.164 0.197
202012 0.167 108.559 0.196
202103 0.187 110.298 0.216
202106 0.187 111.720 0.213
202109 0.197 112.905 0.222
202112 0.230 113.774 0.257
202203 0.230 117.646 0.249
202206 0.240 120.806 0.253
202209 0.240 120.648 0.253
202212 0.210 120.964 0.221
202303 0.260 122.702 0.270
202306 0.260 124.203 0.266
202309 0.260 125.230 0.264
202312 0.260 125.072 0.265
202403 0.260 126.258 0.262
202406 0.260 127.522 0.260
202409 0.260 127.285 0.260

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


Builders Capital Mortgage  (TSXV:BCF) 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.

Builders Capital Mortgage's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.83/1.05
=8.41

* 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 11 years, the highest Shiller P/E Ratio of Builders Capital Mortgage was 10.36. The lowest was 7.84. And the median was 8.48.


Be Aware

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


Builders Capital Mortgage E10 Related Terms

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


Builders Capital Mortgage Business Description

Traded in Other Exchanges
N/A
Address
260 - 1414 8th Street SW, Calgary, AB, CAN, T2R 1J6
Builders Capital Mortgage Corp is a mortgage lender providing short term course of construction financing to builders of residential, wood-frame properties in Western Canada. Its investment objective is to generate attractive returns, relative to risk, in order to provide stable and consistent distributions to shareholders while remaining focused on capital preservation and satisfying the criteria mandated for mortgage investment corporations (MIC).

Builders Capital Mortgage Headlines

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