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American Business Bank (American Business Bank) E10 : $3.00 (As of Mar. 2024)


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What is American Business Bank 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.

American Business Bank's adjusted earnings per share data for the three months ended in Mar. 2024 was $1.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, American Business Bank's average E10 Growth Rate was 17.20% 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 (2024-05-18), American Business Bank's current stock price is $32.90. American Business Bank's E10 for the quarter that ended in Mar. 2024 was $3.00. American Business Bank's Shiller PE Ratio of today is 10.97.

During the past 12 years, the highest Shiller PE Ratio of American Business Bank was 17.07. The lowest was 9.68. And the median was 12.18.


American Business Bank E10 Historical Data

The historical data trend for American Business Bank'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.

American Business Bank E10 Chart

American Business Bank Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.39 2.90

American Business Bank 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 2.56 2.68 2.81 2.90 3.00

Competitive Comparison of American Business Bank's E10

For the Banks - Regional subindustry, American Business Bank'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.


American Business Bank's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where American Business Bank's Shiller PE Ratio falls into.



American Business Bank 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, American Business Bank'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)
=1.13/131.7762*131.7762
=1.130

Current CPI (Mar. 2024) = 131.7762.

American Business Bank Quarterly Data

per share eps CPI Adj_EPS
200406 0.102 80.037 0.168
200409 0.134 80.121 0.220
200412 0.128 80.290 0.210
200503 0.153 81.555 0.247
200506 0.207 82.062 0.332
200509 0.216 83.876 0.339
200512 0.115 83.032 0.183
200603 0.242 84.298 0.378
200606 0.271 85.606 0.417
200609 0.179 85.606 0.276
200612 -0.079 85.142 -0.122
200703 0.146 86.640 0.222
200706 0.193 87.906 0.289
200709 0.193 87.964 0.289
200712 0.188 88.616 0.280
200803 0.151 90.090 0.221
200806 0.174 92.320 0.248
200809 0.193 92.307 0.276
201812 2.090 105.998 2.598
201903 0.609 107.251 0.748
201906 0.591 108.070 0.721
201909 0.609 108.329 0.741
201912 0.673 108.420 0.818
202003 0.545 108.902 0.659
202006 0.760 108.767 0.921
202009 0.880 109.815 1.056
202012 1.036 109.897 1.242
202103 0.990 111.754 1.167
202106 1.000 114.631 1.150
202109 1.290 115.734 1.469
202112 1.060 117.630 1.187
202203 1.080 121.301 1.173
202206 1.240 125.017 1.307
202209 1.440 125.227 1.515
202212 1.510 125.222 1.589
202303 1.420 127.348 1.469
202306 1.010 128.729 1.034
202309 1.100 129.860 1.116
202312 1.230 129.419 1.252
202403 1.130 131.776 1.130

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


American Business Bank  (OTCPK:AMBZ) 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.

American Business Bank's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=32.90/3
=10.97

* 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 12 years, the highest Shiller P/E Ratio of American Business Bank was 17.07. The lowest was 9.68. And the median was 12.18.


Be Aware

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


American Business Bank E10 Related Terms

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


American Business Bank (American Business Bank) Business Description

Traded in Other Exchanges
N/A
Address
400 South Hope Street, Suite 300, Los Angeles, CA, USA, 90071
American Business Bank provides financial services to businesses in the middle market. It offers deposit, credit, consulting and referral, personal banking, and international banking services. The Bank's revenues are derived principally from interest on loans and investments, and other fees.