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Waterstone Financial (Waterstone Financial) E10 : $1.52 (As of Dec. 2023)


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What is Waterstone 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.

Waterstone Financial's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.002. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.52 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Waterstone Financial's average E10 Growth Rate was 2.70% per year. During the past 3 years, the average E10 Growth Rate was 13.90% per year. During the past 5 years, the average E10 Growth Rate was 26.80% per year. During the past 10 years, the average E10 Growth Rate was 44.40% 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 Waterstone Financial was 59.80% per year. The lowest was 13.90% per year. And the median was 52.80% per year.

As of today (2024-04-29), Waterstone Financial's current stock price is $11.585. Waterstone Financial's E10 for the quarter that ended in Dec. 2023 was $1.52. Waterstone Financial's Shiller PE Ratio of today is 7.62.

During the past 13 years, the highest Shiller PE Ratio of Waterstone Financial was 231.80. The lowest was 6.50. And the median was 33.47.


Waterstone Financial E10 Historical Data

The historical data trend for Waterstone 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.

Waterstone Financial E10 Chart

Waterstone 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 0.68 1.03 1.43 1.48 1.52

Waterstone Financial 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 1.48 1.50 1.52 1.53 1.52

Competitive Comparison of Waterstone Financial's E10

For the Banks - Regional subindustry, Waterstone 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.


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

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

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



Waterstone 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, Waterstone 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)
=-0.002/129.4194*129.4194
=-0.002

Current CPI (Dec. 2023) = 129.4194.

Waterstone Financial Quarterly Data

per share eps CPI Adj_EPS
201403 0.050 99.695 0.065
201406 0.110 100.560 0.142
201409 0.140 100.428 0.180
201412 0.070 99.070 0.091
201503 0.090 99.621 0.117
201506 0.170 100.684 0.219
201509 0.190 100.392 0.245
201512 0.110 99.792 0.143
201603 0.140 100.470 0.180
201606 0.290 101.688 0.369
201609 0.270 101.861 0.343
201612 0.230 101.863 0.292
201703 0.240 102.862 0.302
201706 0.320 103.349 0.401
201709 0.260 104.136 0.323
201712 0.110 104.011 0.137
201803 0.250 105.290 0.307
201806 0.340 106.317 0.414
201809 0.310 106.507 0.377
201812 0.210 105.998 0.256
201903 0.240 107.251 0.290
201906 0.370 108.070 0.443
201909 0.420 108.329 0.502
201912 0.340 108.420 0.406
202003 0.240 108.902 0.285
202006 0.850 108.767 1.011
202009 1.080 109.815 1.273
202012 1.170 109.897 1.378
202103 0.890 111.754 1.031
202106 0.740 114.631 0.835
202109 0.790 115.734 0.883
202112 0.530 117.630 0.583
202203 0.230 121.301 0.245
202206 0.360 125.017 0.373
202209 0.250 125.227 0.258
202212 0.040 125.222 0.041
202303 0.100 127.348 0.102
202306 0.200 128.729 0.201
202309 0.160 129.860 0.159
202312 -0.002 129.419 -0.002

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


Waterstone Financial  (NAS:WSBF) 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.

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

Shiller PE Ratio=Share Price/E10
=11.585/1.52
=7.62

* 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 Waterstone Financial was 231.80. The lowest was 6.50. And the median was 33.47.


Be Aware

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


Waterstone Financial E10 Related Terms

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


Waterstone Financial (Waterstone Financial) Business Description

Traded in Other Exchanges
Address
11200 West Plank Court, Wauwatosa, WI, USA, 53226
Waterstone Financial Inc is a holding company. Through its subsidiaries, It operates in two segments: Community Banking and Mortgage Banking. The community banking segment provides consumer and business banking products and services to customers, which include various types of loans, deposits, and personal investment services. The Mortgage Banking segment involves residential mortgage loans for the primary purpose of sale in the secondary market. The vast majority of its revenue comes from the community banking segment.
Executives
Douglas S Gordon director, officer: CEO C/O WAUWATOSA HOLDINGS INC, 11200 WEST PLANK COURT, WAUWATOSA WI 53226-3520
Ryan J Gordon officer: EVP/Chief Credit Officer 11200 WEST PLANK CT., WAUWATOSA WI 53226
Michael L Hansen director C/O WAUWATOSA HOLDINGS, INC., 11200 WEST PLANK COURT, WAUWATOSA WI 53226-3250
Thomas E Dalum director C/O WAUWATOSA HOLDINGS, INC., 11200 WEST PLANK COURT, WAUWATOSA WI 53226-3250
William F Bruss officer: COO, General Counsel 11200 W PLANK COURT, WAUWATOSA WI 53226
Ellen Syburg Bartel director 730 PLANKINTON 3B, MILWAUKEE WI 53203
Mark Raymond Gerke officer: VP/Controller 5749 N. KENT AVENUE, WHITEFISH BAY WI 53217
Derek L Tyus director 11200 WEST PLANK COURT, WAUWATOSA WI 53226
Jeffrey R Mcguiness officer: Subsidary President 11200 WEST PLANK COURT, WAUWATOSA WI 53226
Patrick S Lawton director C/O WAUWATOSA HOLDINGS, INC., 11200 WEST PLANK COURT, WAUWATOSA WI 53226-3250
Eric J Egenhoefer officer: Subsidiary President 11200 W PLANK COURT, WAUWATOSA WI 53226
Rebecca M Arndt officer: Vice President 11200 W PLANK COURT, WAUWATOSA WI 53226
Stephen J Schmidt director C/O WAUWATOSA HOLDINGS, INC., 11200 WEST PLANK COURT, WAUWATOSA WI 53226-3250
Kevin P Gillespie officer: Subsidary COO 626 SANCTUARY LANE, DELAFIELD WI 53018
Allan Robert Hosack officer: CFO W73 N397 GREYSTONE DRIVE, CEDARBURG WI 53012