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Western New England Bancorp (Western New England Bancorp) E10 : $0.66 (As of Dec. 2023)


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What is Western New England Bancorp 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.

Western New England Bancorp's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.66 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Western New England Bancorp's average E10 Growth Rate was 8.20% per year. During the past 3 years, the average E10 Growth Rate was 19.20% per year. During the past 5 years, the average E10 Growth Rate was 17.10% per year. During the past 10 years, the average E10 Growth Rate was 12.60% 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 Western New England Bancorp was 20.30% per year. The lowest was 8.40% per year. And the median was 11.20% per year.

As of today (2024-04-25), Western New England Bancorp's current stock price is $6.66. Western New England Bancorp's E10 for the quarter that ended in Dec. 2023 was $0.66. Western New England Bancorp's Shiller PE Ratio of today is 10.09.

During the past 13 years, the highest Shiller PE Ratio of Western New England Bancorp was 40.68. The lowest was 9.13. And the median was 29.51.


Western New England Bancorp E10 Historical Data

The historical data trend for Western New England Bancorp'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.

Western New England Bancorp E10 Chart

Western New England Bancorp 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 0.35 0.39 0.49 0.61 0.66

Western New England Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.61 0.63 0.64 0.66 0.66

Competitive Comparison of Western New England Bancorp's E10

For the Banks - Regional subindustry, Western New England Bancorp'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.


Western New England Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Western New England Bancorp's Shiller PE Ratio falls into.



Western New England Bancorp 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, Western New England Bancorp'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)
=0.12/129.4194*129.4194
=0.120

Current CPI (Dec. 2023) = 129.4194.

Western New England Bancorp Quarterly Data

per share eps CPI Adj_EPS
201403 0.090 99.695 0.117
201406 0.070 100.560 0.090
201409 0.080 100.428 0.103
201412 0.090 99.070 0.118
201503 0.080 99.621 0.104
201506 0.080 100.684 0.103
201509 0.090 100.392 0.116
201512 0.080 99.792 0.104
201603 0.110 100.470 0.142
201606 0.020 101.688 0.025
201609 0.020 101.861 0.025
201612 0.070 101.863 0.089
201703 0.170 102.862 0.214
201706 0.120 103.349 0.150
201709 0.130 104.136 0.162
201712 -0.010 104.011 -0.012
201803 0.120 105.290 0.148
201806 0.180 106.317 0.219
201809 0.140 106.507 0.170
201812 0.140 105.998 0.171
201903 0.130 107.251 0.157
201906 0.120 108.070 0.144
201909 0.120 108.329 0.143
201912 0.130 108.420 0.155
202003 0.080 108.902 0.095
202006 0.080 108.767 0.095
202009 0.080 109.815 0.094
202012 0.200 109.897 0.236
202103 0.240 111.754 0.278
202106 0.240 114.631 0.271
202109 0.270 115.734 0.302
202112 0.280 117.630 0.308
202203 0.240 121.301 0.256
202206 0.250 125.017 0.259
202209 0.280 125.227 0.289
202212 0.420 125.222 0.434
202303 0.240 127.348 0.244
202306 0.130 128.729 0.131
202309 0.210 129.860 0.209
202312 0.120 129.419 0.120

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


Western New England Bancorp  (NAS:WNEB) 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.

Western New England Bancorp's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6.66/0.66
=10.09

* 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 Western New England Bancorp was 40.68. The lowest was 9.13. And the median was 29.51.


Be Aware

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


Western New England Bancorp E10 Related Terms

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


Western New England Bancorp (Western New England Bancorp) Business Description

Traded in Other Exchanges
Address
141 Elm Street, Westfield, MA, USA, 01085
Western New England Bancorp Inc through its bank subsidiary, provides a range of financial services to individuals and companies in western Massachusetts and northern Connecticut. These services include commercial lending, residential lending and consumer lending, checking, savings and time deposits, cash management, and wealth management. Substantially all of the Company's revenues, profits, and assets are derived by the Bank from banking products and services.
Executives
Steven G. Richter director C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01144
Miles Allen J Iii officer: EVP & Senior Lender C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085
Filipe B Goncalves officer: SVP & Associate CCO C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01085
Laura Benoit director C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085
John E Bonini officer: SVP, General Counsel C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01085
Kevin C O'connor officer: EVP & Chief Banking Officer C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085
Guida R Sajdak officer: EVP & Chief Financial Officer 70 CENTER STREET, CHICOPEE MA 01013
James C Hagan director, officer: President and CEO C/O WESTFIELD FINANCIAL INC, 141 ELM STREET, WESTFIELD MA 01085
Daniel A Marini officer: SVP Retail Banking & Marketing C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01085
Gorman Louis O Iii officer: SVP & Chief Credit Officer C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085
Philip R Smith director C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085
Darlene M Libiszewski officer: SVP, Chief Information Officer C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01085
Christine Phillips officer: SVP, HR Director C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01086
Gregg F Orlen director C/O CHICOPEE BANCORP INC., 70 CENTER STREET, CHICOPEE MA 01013
William D Masse director C/O CHICOPEE BANCORP INC., 70 CENTER STREET, CHICOPEE MA 01013