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WSFS Financial (WSFS Financial) E10 : $3.52 (As of Dec. 2023)


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What is WSFS 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.

WSFS Financial's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.52 for the trailing ten years ended in Dec. 2023.

During the past 12 months, WSFS Financial's average E10 Growth Rate was 10.00% per year. During the past 3 years, the average E10 Growth Rate was 17.70% per year. During the past 5 years, the average E10 Growth Rate was 17.40% per year. During the past 10 years, the average E10 Growth Rate was 13.30% 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 WSFS Financial was 42.40% per year. The lowest was -12.80% per year. And the median was 8.75% per year.

As of today (2024-04-28), WSFS Financial's current stock price is $42.85. WSFS Financial's E10 for the quarter that ended in Dec. 2023 was $3.52. WSFS Financial's Shiller PE Ratio of today is 12.17.

During the past 13 years, the highest Shiller PE Ratio of WSFS Financial was 41.25. The lowest was 9.17. And the median was 21.42.


WSFS Financial E10 Historical Data

The historical data trend for WSFS 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.

WSFS Financial E10 Chart

WSFS 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 1.96 2.16 2.80 3.20 3.52

WSFS 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 3.20 3.31 3.40 3.49 3.52

Competitive Comparison of WSFS Financial's E10

For the Banks - Regional subindustry, WSFS 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.


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

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

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



WSFS 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, WSFS 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)
=1.05/129.4194*129.4194
=1.050

Current CPI (Dec. 2023) = 129.4194.

WSFS Financial Quarterly Data

per share eps CPI Adj_EPS
201403 0.617 99.695 0.801
201406 0.460 100.560 0.592
201409 0.410 100.428 0.528
201412 0.440 99.070 0.575
201503 0.450 99.621 0.585
201506 0.430 100.684 0.553
201509 0.510 100.392 0.657
201512 0.460 99.792 0.597
201603 0.520 100.470 0.670
201606 0.580 101.688 0.738
201609 0.410 101.861 0.521
201612 0.560 101.863 0.711
201703 0.590 102.862 0.742
201706 0.640 103.349 0.801
201709 0.640 104.136 0.795
201712 -0.313 104.011 -0.389
201803 1.160 105.290 1.426
201806 0.890 106.317 1.083
201809 1.200 106.507 1.458
201812 0.930 105.998 1.135
201903 0.330 107.251 0.398
201906 0.680 108.070 0.814
201909 1.020 108.329 1.219
201912 0.880 108.420 1.050
202003 0.210 108.902 0.250
202006 -0.140 108.767 -0.167
202009 1.010 109.815 1.190
202012 1.200 109.897 1.413
202103 1.360 111.754 1.575
202106 2.010 114.631 2.269
202109 1.140 115.734 1.275
202112 1.180 117.630 1.298
202203 0.060 121.301 0.064
202206 0.940 125.017 0.973
202209 1.160 125.227 1.199
202212 1.370 125.222 1.416
202303 1.010 127.348 1.026
202306 1.120 128.729 1.126
202309 1.220 129.860 1.216
202312 1.050 129.419 1.050

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


WSFS Financial  (NAS:WSFS) 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.

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

Shiller PE Ratio=Share Price/E10
=42.85/3.52
=12.17

* 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 WSFS Financial was 41.25. The lowest was 9.17. And the median was 21.42.


Be Aware

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


WSFS Financial E10 Related Terms

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


WSFS Financial (WSFS Financial) Business Description

Traded in Other Exchanges
Address
500 Delaware Avenue, Wilmington, DE, USA, 19801
WSFS Financial Corp is a savings and loan holding company. The company operates in three segments: WSFS Bank provides loans and leases and other financial products to commercial and consumer customers. Cash Connect segment provides ATM vault cash, smart safe, and other cash logistics services; and Wealth Management provides a broad array of planning and advisor services, investment management, personal and institutional trust services, and credit and deposit products to individuals, corporate, and institutional clients.
Executives
Patrick Joseph Ward officer: Executive Vice President C/O WSFS FINANCIAL CORPORATION, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Michael J Donahue director
Christine Elizabeth Davis officer: EVP, Chief Risk Officer WSFS BANK CENTER, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Shari Kruzinski officer: EVP, Chief Customer Officer WSFS BANK CENTER, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Rodger Levenson officer: Executive Vice President C/O WSFS FINANCIAL CORPORATION, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Francis J Leto director 501 WILLIAMSON RD, GLADWYNE PA 19035
Richard Wright officer: Executive Vice President
Nancy J Foster director C/O CIT GROUP, 505 FIFTH AVENUE, NEW YORK NY 10017
Lynn Mckee director
Diego F. Calderin director 971 FREDERICK DRIVE, WEST CHESTER PA 19380
Peggy H Eddens officer: Executive Vice President C/O WSFS FINANCIAL CORPORATION, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Stephen P Clark officer: EVP C/O WSFS FINANCIAL CORPORATION, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Mark A Turner director C/O WSFS FINANCIAL CORP, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Paul S Greenplate officer: EVP C/O WSFS FINANCIAL CORPORATION, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Michael Conklin officer: EVP, Chief Human Resources Off 500 DELAWARE AVENUE, WSFS FINANCIAL CORPORATION & BANK CENTER, WILMINGTON DE 19801