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CB Bulgarian American Credit Bank AD (XBUL:BACB) E10 : лв0.90 (As of Jun. 2024)


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What is CB Bulgarian American Credit Bank 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.

CB Bulgarian American Credit Bank AD's adjusted earnings per share data for the three months ended in Jun. 2024 was лв0.479. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is лв0.90 for the trailing ten years ended in Jun. 2024.

During the past 12 months, CB Bulgarian American Credit Bank AD's average E10 Growth Rate was 59.60% 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.

As of today (2024-09-26), CB Bulgarian American Credit Bank AD's current stock price is лв11.80. CB Bulgarian American Credit Bank AD's E10 for the quarter that ended in Jun. 2024 was лв0.90. CB Bulgarian American Credit Bank AD's Shiller PE Ratio of today is 13.11.

During the past 13 years, the highest Shiller PE Ratio of CB Bulgarian American Credit Bank AD was 85.63. The lowest was 7.46. And the median was 15.53.


CB Bulgarian American Credit Bank AD E10 Historical Data

The historical data trend for CB Bulgarian American Credit Bank 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.

CB Bulgarian American Credit Bank AD E10 Chart

CB Bulgarian American Credit Bank 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 -9.22 -0.78 0.08 0.38 0.72

CB Bulgarian American Credit Bank AD Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.57 0.67 0.72 0.84 0.90

Competitive Comparison of CB Bulgarian American Credit Bank AD's E10

For the Banks - Regional subindustry, CB Bulgarian American Credit Bank 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.


CB Bulgarian American Credit Bank AD's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CB Bulgarian American Credit Bank AD's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where CB Bulgarian American Credit Bank AD's Shiller PE Ratio falls into.



CB Bulgarian American Credit Bank 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, CB Bulgarian American Credit Bank AD's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.479/132.5538*132.5538
=0.479

Current CPI (Jun. 2024) = 132.5538.

CB Bulgarian American Credit Bank AD Quarterly Data

per share eps CPI Adj_EPS
201409 -0.068 100.428 -0.090
201412 0.000 99.070 0.000
201503 -0.105 99.621 -0.140
201506 -0.030 100.684 -0.039
201509 0.021 100.392 0.028
201512 0.143 99.792 0.190
201603 0.018 100.470 0.024
201606 0.144 101.688 0.188
201609 0.056 101.861 0.073
201612 0.025 101.863 0.033
201703 0.107 102.862 0.138
201706 0.074 103.349 0.095
201709 0.321 104.136 0.409
201712 -0.178 104.011 -0.227
201803 0.152 105.290 0.191
201806 0.138 106.317 0.172
201809 0.155 106.507 0.193
201812 0.091 105.998 0.114
201903 0.157 107.251 0.194
201906 0.111 108.070 0.136
201909 0.169 108.329 0.207
201912 0.170 108.420 0.208
202003 0.153 108.902 0.186
202006 0.115 108.767 0.140
202009 0.125 109.815 0.151
202012 0.183 109.897 0.221
202103 0.168 111.754 0.199
202106 0.571 114.631 0.660
202109 -0.212 115.734 -0.243
202112 0.248 117.630 0.279
202203 0.224 121.301 0.245
202206 0.205 125.017 0.217
202209 0.283 125.227 0.300
202212 0.893 125.222 0.945
202303 0.416 127.348 0.433
202306 0.554 128.729 0.570
202309 0.621 129.860 0.634
202312 0.582 129.419 0.596
202403 0.639 131.776 0.643
202406 0.479 132.554 0.479

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


CB Bulgarian American Credit Bank AD  (XBUL:BACB) 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.

CB Bulgarian American Credit Bank AD's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.80/0.9
=13.11

* 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 CB Bulgarian American Credit Bank AD was 85.63. The lowest was 7.46. And the median was 15.53.


Be Aware

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


CB Bulgarian American Credit Bank AD E10 Related Terms

Thank you for viewing the detailed overview of CB Bulgarian American Credit Bank AD's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


CB Bulgarian American Credit Bank AD Business Description

Traded in Other Exchanges
N/A
Address
2 Slavyanska Street, Sofia, BGR, 1000
CB Bulgarian American Credit Bank AD is engaged in providing secured finance to small and medium-sized businesses in Bulgaria. The company offers a full range of banking products and services to individual and corporate clients. It also provides retail, mortgage, working capital, and investment loans, overdrafts, discount credits against claims, and letters of credit and limits for issuance of letters of credit, as well as engage in the taking over/guarantee of credit/bill of exchange liability of a juridical entity or a sole trader.

CB Bulgarian American Credit Bank AD Headlines

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