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Scotiabank Chile (XSGO:SCOTIABKCL) E10 : CLP30.75 (As of Mar. 2024)


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What is Scotiabank 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.

Scotiabank Chile's adjusted earnings per share data for the three months ended in Mar. 2024 was CLP9.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is CLP30.75 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Scotiabank Chile's average E10 Growth Rate was 7.10% per year. During the past 3 years, the average E10 Growth Rate was 12.90% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Scotiabank Chile was 12.90% per year. The lowest was 12.90% per year. And the median was 12.90% per year.

As of today (2024-06-23), Scotiabank Chile's current stock price is CLP295.50. Scotiabank Chile's E10 for the quarter that ended in Mar. 2024 was CLP30.75. Scotiabank Chile's Shiller PE Ratio of today is 9.61.

During the past 13 years, the highest Shiller PE Ratio of Scotiabank Chile was 16.12. The lowest was 9.61. And the median was 11.88.


Scotiabank Chile E10 Historical Data

The historical data trend for Scotiabank 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.

Scotiabank Chile E10 Chart

Scotiabank 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 - 21.14 22.80 27.97 30.44

Scotiabank Chile Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 28.71 29.30 29.66 30.44 30.75

Competitive Comparison of Scotiabank Chile's E10

For the Banks - Diversified subindustry, Scotiabank 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.


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

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

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



Scotiabank 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, Scotiabank Chile's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=9.3/146.1089*146.1089
=9.300

Current CPI (Mar. 2024) = 146.1089.

Scotiabank Chile Quarterly Data

per share eps CPI Adj_EPS
201406 5.158 95.543 7.888
201409 5.465 96.883 8.242
201412 4.900 97.515 7.342
201503 1.617 98.539 2.398
201506 4.642 99.770 6.798
201509 4.930 101.383 7.105
201512 3.541 101.775 5.083
201603 4.027 102.930 5.716
201606 5.465 103.965 7.680
201609 7.022 104.521 9.816
201612 3.462 104.532 4.839
201703 4.761 105.752 6.578
201706 3.977 105.730 5.496
201709 6.281 106.035 8.655
201712 4.883 106.907 6.674
201803 5.370 107.670 7.287
201806 7.570 108.421 10.201
201809 2.515 109.369 3.360
201812 0.670 109.653 0.893
201903 5.500 110.339 7.283
201906 7.640 111.352 10.025
201909 4.700 111.821 6.141
201912 4.260 112.943 5.511
202003 6.200 114.468 7.914
202006 4.650 114.283 5.945
202009 5.730 115.275 7.263
202012 5.910 116.299 7.425
202103 8.420 117.770 10.446
202106 8.020 118.630 9.878
202109 8.110 121.431 9.758
202112 10.122 124.634 11.866
202203 9.250 128.850 10.489
202206 10.580 133.448 11.584
202209 9.670 138.101 10.231
202212 10.320 140.574 10.726
202303 5.850 143.145 5.971
202306 10.050 143.538 10.230
202309 7.590 145.172 7.639
202312 9.830 146.109 9.830
202403 9.300 146.109 9.300

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


Scotiabank Chile  (XSGO:SCOTIABKCL) 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.

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

Shiller PE Ratio=Share Price/E10
=295.50/30.75
=9.61

* 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 Scotiabank Chile was 16.12. The lowest was 9.61. And the median was 11.88.


Be Aware

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


Scotiabank Chile E10 Related Terms

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


Scotiabank Chile (XSGO:SCOTIABKCL) Business Description

Traded in Other Exchanges
N/A
Address
Morande 226, P.O.Box 90-D, Santiago, CHL
Scotiabank Chile provides financial services. It offers financial products and services with respect to personal, commercial, corporate, insurance, credit cards and investment banking.

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