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Bancontander Chile (XSGO:BSANTANDER) E10 : CLP4.04 (As of Dec. 2023)


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What is Bancontander Chile 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.

Bancontander Chile's adjusted earnings per share data for the three months ended in Dec. 2023 was CLP1.375. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is CLP4.04 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bancontander Chile's average E10 Growth Rate was 2.50% per year. During the past 3 years, the average E10 Growth Rate was 10.20% per year. During the past 5 years, the average E10 Growth Rate was 8.10% per year. During the past 10 years, the average E10 Growth Rate was 6.00% 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 Bancontander Chile was 11.30% per year. The lowest was 3.50% per year. And the median was 7.25% per year.

As of today (2024-05-01), Bancontander Chile's current stock price is CLP43.50. Bancontander Chile's E10 for the quarter that ended in Dec. 2023 was CLP4.04. Bancontander Chile's Shiller PE Ratio of today is 10.77.

During the past 13 years, the highest Shiller PE Ratio of Bancontander Chile was 19.73. The lowest was 8.11. And the median was 13.48.


Bancontander Chile E10 Historical Data

The historical data trend for Bancontander Chile'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.

Bancontander Chile E10 Chart

Bancontander Chile 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 2.93 3.02 3.39 3.94 4.04

Bancontander Chile 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 3.94 4.02 4.03 4.02 4.04

Competitive Comparison of Bancontander Chile's E10

For the Banks - Regional subindustry, Bancontander Chile'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.


Bancontander Chile's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Bancontander Chile's Shiller PE Ratio falls into.



Bancontander Chile 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, Bancontander Chile'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)
=1.375/146.1089*146.1089
=1.375

Current CPI (Dec. 2023) = 146.1089.

Bancontander Chile Quarterly Data

per share eps CPI Adj_EPS
201403 0.753 94.584 1.163
201406 0.847 95.543 1.295
201409 0.584 96.883 0.881
201412 0.736 97.515 1.103
201503 0.507 98.539 0.752
201506 0.745 99.770 1.091
201509 0.686 101.383 0.989
201512 0.445 101.775 0.639
201603 0.666 102.930 0.945
201606 0.617 103.965 0.867
201609 0.647 104.521 0.904
201612 0.576 104.532 0.805
201703 0.756 105.752 1.045
201706 0.798 105.730 1.103
201709 0.729 106.035 1.005
201712 0.703 106.907 0.961
201803 0.801 107.670 1.087
201806 0.820 108.421 1.105
201809 0.689 109.369 0.920
201812 0.831 109.653 1.107
201903 0.666 110.339 0.882
201906 0.908 111.352 1.191
201909 0.736 111.821 0.962
201912 0.620 112.943 0.802
202003 0.764 114.468 0.975
202006 0.451 114.283 0.577
202009 0.610 115.275 0.773
202012 1.063 116.299 1.335
202103 0.970 117.770 1.203
202106 0.988 118.630 1.217
202109 0.940 121.431 1.131
202112 1.587 124.634 1.860
202203 1.250 128.850 1.417
202206 1.520 133.448 1.664
202209 0.980 138.101 1.037
202212 0.454 140.574 0.472
202303 0.720 143.145 0.735
202306 0.680 143.538 0.692
202309 0.300 145.172 0.302
202312 1.375 146.109 1.375

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


Bancontander Chile  (XSGO:BSANTANDER) 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.

Bancontander Chile's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=43.50/4.04
=10.77

* 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 Bancontander Chile was 19.73. The lowest was 8.11. And the median was 13.48.


Be Aware

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


Bancontander Chile E10 Related Terms

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


Bancontander Chile (XSGO:BSANTANDER) Business Description

Traded in Other Exchanges
Address
Bandera 140, 20th Floor, Santiago, CHL
Founded in 1978, Banco Santander Chile is part of the Santander group and majority controlled by Santander Spain. Banco Santander is the largest bank in Chile by loans and the second largest by deposits. The bank generates most of its net interest income (roughly 65% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans. Banco Santander's commercial loan business is more focused on small- to medium-sized companies, with firms generating more than CLP 10,000 million in revenue only making up around 5% of outstanding loans. Outside of lending, Banco Santander is the largest card issuer in the country with around 25% of the market and benefits from a long-term strategic partnership with the largest airline in the country LATAM Chile.

Bancontander Chile (XSGO:BSANTANDER) Headlines

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