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MF Banka AD (XBLB:IEFB-R-A) E10 : BAM13.23 (As of Jun. 2024)


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What is MF Banka AD 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.

MF Banka AD's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was BAM17.970. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is BAM13.23 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was 28.00% per year. During the past 5 years, the average E10 Growth Rate was 39.70% 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 MF Banka AD was 63.40% per year. The lowest was 24.00% per year. And the median was 28.00% per year.

As of today (2024-09-21), MF Banka AD's current stock price is BAM 174.82. MF Banka AD's E10 for the fiscal year that ended in Dec. 2023 was BAM13.23. MF Banka AD's Shiller PE Ratio of today is 13.21.

During the past 13 years, the highest Shiller PE Ratio of MF Banka AD was 32.00. The lowest was 5.71. And the median was 10.88.


MF Banka AD E10 Historical Data

The historical data trend for MF Banka AD'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.

MF Banka AD E10 Chart

MF Banka AD 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 5.88 6.31 8.72 11.20 13.23

MF Banka AD Semi-Annual Data
Dec13 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 11.20 - 13.23 -

Competitive Comparison of MF Banka AD's E10

For the Banks - Regional subindustry, MF Banka AD'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.


MF Banka AD's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where MF Banka AD's Shiller PE Ratio falls into.



MF Banka AD 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, MF Banka AD's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=17.97/129.4194*129.4194
=17.970

Current CPI (Dec. 2023) = 129.4194.

MF Banka AD Annual Data

per_share_eps CPI Adj_EPS
201412 2.610 99.070 3.410
201512 7.120 99.792 9.234
201612 7.250 101.863 9.211
201712 10.000 104.011 12.443
201812 11.150 105.998 13.614
201912 12.600 108.420 15.040
202012 8.440 109.897 9.939
202112 16.840 117.630 18.528
202212 22.130 125.222 22.872
202312 17.970 129.419 17.970

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


MF Banka AD  (XBLB:IEFB-R-A) 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.

MF Banka AD's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=174.82/13.23
=13.21

* 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 MF Banka AD was 32.00. The lowest was 5.71. And the median was 10.88.


Be Aware

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


MF Banka AD E10 Related Terms

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


MF Banka AD Business Description

Traded in Other Exchanges
N/A
Address
Aleja Svetog Save Street No. 61, Banja Luka, BIH
MF Banka AD provides is a regional bank engaged in providing banking products and services. The bank is licensed to perform banking activities that include payment transfers, crediting and depositary operations in the country and abroad. It offers savings products, loans, domestic and foreign payment services, deposit and documentary operations services, cards, and electronic and mobile banking, SMS, and ATM services. Geographically it operates in the region of Bosnia and Herzegovina and serves individuals, businesses, and small and medium-sized enterprises.

MF Banka AD Headlines

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