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Home BancShares (Home BancShares) E10 : $1.72 (As of Mar. 2024)


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What is Home BancShares 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.

Home BancShares's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.500. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.72 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Home BancShares's average E10 Growth Rate was 11.00% per year. During the past 3 years, the average E10 Growth Rate was 14.90% per year. During the past 5 years, the average E10 Growth Rate was 15.70% per year. During the past 10 years, the average E10 Growth Rate was 18.30% 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 Home BancShares was 21.60% per year. The lowest was 14.90% per year. And the median was 18.65% per year.

As of today (2024-06-11), Home BancShares's current stock price is $22.79. Home BancShares's E10 for the quarter that ended in Mar. 2024 was $1.72. Home BancShares's Shiller PE Ratio of today is 13.25.

During the past 13 years, the highest Shiller PE Ratio of Home BancShares was 55.18. The lowest was 11.55. And the median was 24.88.


Home BancShares E10 Historical Data

The historical data trend for Home BancShares'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.

Home BancShares E10 Chart

Home BancShares 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 0.97 1.10 1.32 1.50 1.67

Home BancShares 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 1.55 1.60 1.64 1.67 1.72

Competitive Comparison of Home BancShares's E10

For the Banks - Regional subindustry, Home BancShares'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.


Home BancShares's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Home BancShares's Shiller PE Ratio falls into.



Home BancShares 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, Home BancShares'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)
=0.5/131.7762*131.7762
=0.500

Current CPI (Mar. 2024) = 131.7762.

Home BancShares Quarterly Data

per share eps CPI Adj_EPS
201406 0.215 100.560 0.282
201409 0.205 100.428 0.269
201412 0.220 99.070 0.293
201503 0.230 99.621 0.304
201506 0.250 100.684 0.327
201509 0.260 100.392 0.341
201512 0.265 99.792 0.350
201603 0.290 100.470 0.380
201606 0.310 101.688 0.402
201609 0.310 101.861 0.401
201612 0.350 101.863 0.453
201703 0.330 102.862 0.423
201706 0.350 103.349 0.446
201709 0.100 104.136 0.127
201712 0.130 104.011 0.165
201803 0.420 105.290 0.526
201806 0.440 106.317 0.545
201809 0.460 106.507 0.569
201812 0.410 105.998 0.510
201903 0.420 107.251 0.516
201906 0.430 108.070 0.524
201909 0.440 108.329 0.535
201912 0.439 108.420 0.534
202003 0.003 108.902 0.004
202006 0.380 108.767 0.460
202009 0.420 109.815 0.504
202012 0.500 109.897 0.600
202103 0.550 111.754 0.649
202106 0.480 114.631 0.552
202109 0.460 115.734 0.524
202112 0.450 117.630 0.504
202203 0.400 121.301 0.435
202206 0.080 125.017 0.084
202209 0.530 125.227 0.558
202212 0.570 125.222 0.600
202303 0.510 127.348 0.528
202306 0.520 128.729 0.532
202309 0.490 129.860 0.497
202312 0.430 129.419 0.438
202403 0.500 131.776 0.500

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


Home BancShares  (NYSE:HOMB) 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.

Home BancShares's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=22.79/1.72
=13.25

* 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 Home BancShares was 55.18. The lowest was 11.55. And the median was 24.88.


Be Aware

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


Home BancShares E10 Related Terms

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


Home BancShares (Home BancShares) Business Description

Traded in Other Exchanges
N/A
Address
719 Harkrider, Suite 100, Conway, AR, USA, 72032
Home BancShares Inc is a bank holding company that primarily operates through its wholly owned community bank subsidiary, Centennial Bank. The bank provides a broad range of commercial and retail banking, as well as related financial services, to a diverse customer base. Its customer base includes businesses, real estate developers and investors, individuals, and municipalities. The company's loan portfolio, while diversified, is typically between half and two thirds in commercial real estate loans. The company's strategy emphasizes growth, both through strategic acquisitions and organically within its existing markets. The bank also emphasizes attracting experienced bankers, strong credit quality, and a solid balance sheet. The bank's main source of net revenue is net interest income.
Executives
James Pat Hickman director P.O. BOX 966, CONWAY AR 72033
Adcock Robert H Jr director P O BOX 966, CONWAY AR 72033
Tracy French director, officer: Centennial Bank CEO/ President 78 GREYSTONE BLVD, CABOT AR 72023
Carter Russell Davis Iii officer: Executive Vice President 15 GETTYSBURG SOUTH, CABOT AR 72023
Williamson Kenneth Mikel Jr officer: Centennial Bank Regional Pres. P.O. BOX 966, CONWAY AR 72033
Larry W Ross director P.O. BOX 966, CONWAY AR 72033
Richard H Ashley director 2851 LAKEWOOD VILLAGE DR., NORTH LITTLE ROCK AR 72116
Brian Davis director, officer: Chief Financial Officer 6 GATEWOOD CV, LITTLE ROCK AR 72206
Jim Rankin director P.O. BOX 966, CONWAY AR 72033
Alex R Lieblong director 210 E. ELM STREET, P. O. BOX 7200, EL DORADO AR 71730
John Stephen Tipton officer: Chief Operating Officer P.O. BOX 966, CONWAY AR 72033
Jack Engelkes director P O BOX 1167, CONWAY AR 72032
Jennifer C. Floyd officer: Chief Accounting Officer P.O. BOX 966, CONWAY AR 72033
John W Allison director, officer: Chairman
James G Hinkle director P.O. BOX 1228, MOUNTAIN VIEW AR 72560