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Columbia Banking System (Columbia Banking System) E10 : $0.73 (As of Mar. 2024)


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What is Columbia Banking System 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.

Columbia Banking System's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.590. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Columbia Banking System's average E10 Growth Rate was 25.90% per year. During the past 3 years, the average E10 Growth Rate was 28.60% per year. During the past 5 years, the average E10 Growth Rate was -0.30% per year. During the past 10 years, the average E10 Growth Rate was -1.10% 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 Columbia Banking System was 28.60% per year. The lowest was -15.70% per year. And the median was -7.20% per year.

As of today (2024-06-09), Columbia Banking System's current stock price is $18.93. Columbia Banking System's E10 for the quarter that ended in Mar. 2024 was $0.73. Columbia Banking System's Shiller PE Ratio of today is 25.93.

During the past 13 years, the highest Shiller PE Ratio of Columbia Banking System was 47.05. The lowest was 24.18. And the median was 33.32.


Columbia Banking System E10 Historical Data

The historical data trend for Columbia Banking System'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.

Columbia Banking System E10 Chart

Columbia Banking System 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 1.02 0.32 0.46 0.61 0.68

Columbia Banking System 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 0.58 0.62 0.66 0.68 0.73

Competitive Comparison of Columbia Banking System's E10

For the Banks - Regional subindustry, Columbia Banking System'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.


Columbia Banking System's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Columbia Banking System's Shiller PE Ratio falls into.



Columbia Banking System 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, Columbia Banking System'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)
=0.59/131.7762*131.7762
=0.590

Current CPI (Mar. 2024) = 131.7762.

Columbia Banking System Quarterly Data

per share eps CPI Adj_EPS
201406 0.090 100.560 0.118
201409 0.270 100.428 0.354
201412 0.240 99.070 0.319
201503 0.210 99.621 0.278
201506 0.250 100.684 0.327
201509 0.260 100.392 0.341
201512 0.290 99.792 0.383
201603 0.220 100.470 0.289
201606 0.250 101.688 0.324
201609 0.280 101.861 0.362
201612 0.310 101.863 0.401
201703 0.210 102.862 0.269
201706 0.260 103.349 0.332
201709 0.290 104.136 0.367
201712 0.380 104.011 0.481
201803 0.360 105.290 0.451
201806 0.300 106.317 0.372
201809 0.410 106.507 0.507
201812 0.360 105.998 0.448
201903 0.340 107.251 0.418
201906 0.510 108.070 0.622
201909 0.380 108.329 0.462
201912 0.380 108.420 0.462
202003 -8.410 108.902 -10.177
202006 0.240 108.767 0.291
202009 0.570 109.815 0.684
202012 0.680 109.897 0.815
202103 0.490 111.754 0.578
202106 0.530 114.631 0.609
202109 0.490 115.734 0.558
202112 0.410 117.630 0.459
202203 0.700 121.301 0.760
202206 0.610 125.017 0.643
202209 0.650 125.227 0.684
202212 0.380 125.222 0.400
202303 -0.090 127.348 -0.093
202306 0.640 128.729 0.655
202309 0.650 129.860 0.660
202312 0.450 129.419 0.458
202403 0.590 131.776 0.590

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


Columbia Banking System  (NAS:COLB) 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.

Columbia Banking System's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=18.93/0.73
=25.93

* 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 Columbia Banking System was 47.05. The lowest was 24.18. And the median was 33.32.


Be Aware

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


Columbia Banking System E10 Related Terms

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


Columbia Banking System (Columbia Banking System) Business Description

Traded in Other Exchanges
N/A
Address
1301 A Street, Tacoma, WA, USA, 98402-2156
Columbia Banking System Inc is a registered bank holding company whose wholly-owned banking subsidiary is Columbia State Bank. The company provides a full range of banking services to small and medium-sized businesses, professionals, and individuals throughout Washington, Oregon, Idaho, and California. The company's subsidiary Columbia Trust Company is an Oregon trust company that provides agency, fiduciary, and other related trust services with offices in Washington, Oregon, and Idaho. The firm offers various products and services under Personal Banking, Business Banking, and Wealth Management divisions.
Executives
Drew K Anderson officer: Chief Administrative Officer C/O COLUMBIA BANKING SYSTEM, INC., 5885 MEADOWS ROAD, SUITE #400, LAKE OSWEGO OR 97035
Luis Machuca director ITXC CORP, 14600 NW GREENBRIER PARKWAY, BEAVERTON OR 97006
John F Schultz director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Maria M Pope director C/O PORTLAND GENERAL ELECTRIC CO., 121 SW SALMON ST, PORTLAND OR 97204
Peggy Y Fowler director C/O PORTLAND GENERAL ELECTRIC CO, 121 SW SALMON ST, PORTLAND OR 97204
Terry Hilliard C. Iii director ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Anddria Varnado director ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Torran B Nixon officer: Senior Executive VP ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Ron L Farnsworth officer: Chief Financial Officer 200 SW MARKET ST STE 1900, PORTLAND OR 97201
Frank Namdar officer: Chief Credit Officer ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Lisa M White officer: PAO & Corporate Controller 9285 NE TANASBOURNE DRIVE, HILLSBORO OR 97124
Sheri Burns officer: Chief Human Resources Officer C/O COLUMBIA BANKING SYSTEM, INC., 450 NW 114TH AVENUE, PORTLAND OR 97229
O'haver Cort L director, officer: Executive Chairman ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Andrew H Ognall officer: IMO General Counsel ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Laura Alvarez Schrag director 1301 A STREET, TACOMA WA 98402