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Univest Financial (Univest Financial) E10 : $2.22 (As of Dec. 2023)


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What is Univest Financial 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.

Univest Financial's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.550. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.22 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Univest Financial's average E10 Growth Rate was 7.20% per year. During the past 3 years, the average E10 Growth Rate was 12.70% per year. During the past 5 years, the average E10 Growth Rate was 11.20% per year. During the past 10 years, the average E10 Growth Rate was 3.50% 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 Univest Financial was 12.70% per year. The lowest was -5.90% per year. And the median was -2.90% per year.

As of today (2024-04-28), Univest Financial's current stock price is $21.23. Univest Financial's E10 for the quarter that ended in Dec. 2023 was $2.22. Univest Financial's Shiller PE Ratio of today is 9.56.

During the past 13 years, the highest Shiller PE Ratio of Univest Financial was 23.85. The lowest was 7.33. And the median was 13.55.


Univest Financial E10 Historical Data

The historical data trend for Univest Financial'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.

Univest Financial E10 Chart

Univest Financial 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 1.49 1.55 1.84 2.07 2.22

Univest Financial 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 2.14 2.18 2.21 2.22 -

Competitive Comparison of Univest Financial's E10

For the Banks - Regional subindustry, Univest Financial'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.


Univest Financial's Shiller PE Ratio Distribution in the Banks Industry

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

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



Univest Financial 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, Univest Financial's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.55/129.4194*129.4194
=0.550

Current CPI (Dec. 2023) = 129.4194.

Univest Financial Quarterly Data

per share eps CPI Adj_EPS
201403 0.350 99.695 0.454
201406 0.310 100.560 0.399
201409 0.380 100.428 0.490
201412 0.320 99.070 0.418
201503 0.310 99.621 0.403
201506 0.330 100.684 0.424
201509 0.390 100.392 0.503
201512 0.370 99.792 0.480
201603 0.370 100.470 0.477
201606 0.270 101.688 0.344
201609 0.002 101.861 0.003
201612 0.260 101.863 0.330
201703 0.410 102.862 0.516
201706 0.440 103.349 0.551
201709 0.420 104.136 0.522
201712 0.370 104.011 0.460
201803 0.440 105.290 0.541
201806 0.150 106.317 0.183
201809 0.510 106.507 0.620
201812 0.630 105.998 0.769
201903 0.550 107.251 0.664
201906 0.560 108.070 0.671
201909 0.600 108.329 0.717
201912 0.530 108.420 0.633
202003 0.030 108.902 0.036
202006 0.070 108.767 0.083
202009 0.620 109.815 0.731
202012 0.880 109.897 1.036
202103 1.110 111.754 1.285
202106 0.710 114.631 0.802
202109 0.710 115.734 0.794
202112 0.590 117.630 0.649
202203 0.680 121.301 0.726
202206 0.450 125.017 0.466
202209 0.710 125.227 0.734
202212 0.810 125.222 0.837
202303 0.710 127.348 0.722
202306 0.570 128.729 0.573
202309 0.580 129.860 0.578
202312 0.550 129.419 0.550

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


Univest Financial  (NAS:UVSP) 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.

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

Shiller PE Ratio=Share Price/E10
=21.23/2.22
=9.56

* 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 Univest Financial was 23.85. The lowest was 7.33. And the median was 13.55.


Be Aware

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


Univest Financial E10 Related Terms

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


Univest Financial (Univest Financial) Business Description

Traded in Other Exchanges
N/A
Address
14 North Main Street, Souderton, PA, USA, 18964
Univest Financial Corp is engaged in domestic banking services for individuals, businesses, municipalities, and non-profit organizations. The bank has three operating segments; Banking segment provides financial services including a full range of banking services such as deposit taking, loan origination, and servicing, mortgage banking, other general banking services, and equipment lease financing, Wealth Management segment offers investment advisory, financial planning, trust and brokerage services, and The Insurance segment includes a full-service insurance brokerage agency offering commercial property and casualty insurance, employee benefits solutions, personal insurance lines and human resources consulting. It generates a majority of its revenue from the banking segment.
Executives
Jeffrey M Schweitzer officer: EVP & CFO 14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964
Natalye Paquin director 14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964
Martin P. Connor director 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Todd S Benning director 14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964
Robert C Wonderling director 14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964
Thomas M Petro director 14 NORTH MAIN STREET, PO BOX197, SOUDERTON PA 18964
William S Aichele director, officer: Director and President & CEO 14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964
Roger H Ballou director C/O CDI CORP, 1717 ARCH ST 35TH FL, PHILADELPHIA PA 19103
Patrick C Mccormick officer: EVP & Chief Credit Officer 14 NORTH MAIN ST, PO BOX 197, SOUDERTON PA 18964
Duane J Brobst officer: Executive VP 14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964
Michael S Keim officer: EVP & CFO 14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964
K Leon Moyer officer: Senior Executive Vice Presiden 14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964
Joseph P Beebe director 14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964
Glenn E Moyer director 14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964
Suzanne Keenan director 14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964