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CB Bulgarian American Credit Bank AD (XBUL:BACB) E10 : лв1.00 (As of Sep. 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 Sep. 2024 was лв0.599. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is лв1.00 for the trailing ten years ended in Sep. 2024.

During the past 12 months, CB Bulgarian American Credit Bank AD's average E10 Growth Rate was 44.90% 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 (2025-03-28), CB Bulgarian American Credit Bank AD's current stock price is лв12.00. CB Bulgarian American Credit Bank AD's E10 for the quarter that ended in Sep. 2024 was лв1.00. CB Bulgarian American Credit Bank AD's Shiller PE Ratio of today is 12.00.

During the past 13 years, the highest Shiller PE Ratio of CB Bulgarian American Credit Bank AD was 85.63. The lowest was 7.25. And the median was 13.14.


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 -9.53 -0.80 0.08 0.39 0.74

CB Bulgarian American Credit Bank AD Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.69 0.74 0.86 0.93 1.00

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.


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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 Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.599/133.0289*133.0289
=0.599

Current CPI (Sep. 2024) = 133.0289.

CB Bulgarian American Credit Bank AD Quarterly Data

per share eps CPI Adj_EPS
201412 0.000 99.070 0.000
201503 -0.108 99.621 -0.144
201506 -0.031 100.684 -0.041
201509 0.021 100.392 0.028
201512 0.148 99.792 0.197
201603 0.018 100.470 0.024
201606 0.149 101.688 0.195
201609 0.058 101.861 0.076
201612 0.026 101.863 0.034
201703 0.111 102.862 0.144
201706 0.077 103.349 0.099
201709 0.333 104.136 0.425
201712 -0.184 104.011 -0.235
201803 0.157 105.290 0.198
201806 0.143 106.317 0.179
201809 0.161 106.507 0.201
201812 0.094 105.998 0.118
201903 0.163 107.251 0.202
201906 0.115 108.070 0.142
201909 0.175 108.329 0.215
201912 0.176 108.420 0.216
202003 0.159 108.902 0.194
202006 0.119 108.767 0.146
202009 0.129 109.815 0.156
202012 0.189 109.897 0.229
202103 0.174 111.754 0.207
202106 0.591 114.631 0.686
202109 -0.219 115.734 -0.252
202112 0.257 117.630 0.291
202203 0.232 121.301 0.254
202206 0.212 125.017 0.226
202209 0.293 125.227 0.311
202212 0.925 125.222 0.983
202303 0.431 127.348 0.450
202306 0.574 128.729 0.593
202309 0.643 129.860 0.659
202312 0.603 129.419 0.620
202403 0.661 131.776 0.667
202406 0.496 132.554 0.498
202409 0.599 133.029 0.599

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
=12.00/1.00
=12.00

* 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 7.25. And the median was 13.14.


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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