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Bread Financial Holdings (Bread Financial Holdings) E10 : $0.00 (As of Mar. 2024)


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What is Bread Financial Holdings 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.

Bread Financial Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was $2.710. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bread Financial Holdings's average E10 Growth Rate was 7.60% per year. During the past 3 years, the average E10 Growth Rate was 9.20% per year. During the past 5 years, the average E10 Growth Rate was 7.30% per year. During the past 10 years, the average E10 Growth Rate was 12.50% 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 Bread Financial Holdings was 41.80% per year. The lowest was 7.20% per year. And the median was 16.60% per year.

As of today (2024-04-27), Bread Financial Holdings's current stock price is $36.97. Bread Financial Holdings's E10 for the quarter that ended in Mar. 2024 was $0.00. Bread Financial Holdings's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Bread Financial Holdings was 60.89. The lowest was 2.08. And the median was 20.24.


Bread Financial Holdings E10 Historical Data

The historical data trend for Bread Financial Holdings'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.

Bread Financial Holdings E10 Chart

Bread Financial Holdings 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 9.04 9.20 10.83 11.13 11.98

Bread Financial Holdings 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 11.98 11.98 12.17 11.98 -

Competitive Comparison of Bread Financial Holdings's E10

For the Credit Services subindustry, Bread Financial Holdings'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.


Bread Financial Holdings's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Bread Financial Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bread Financial Holdings's Shiller PE Ratio falls into.



Bread Financial Holdings 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, Bread Financial Holdings'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)
=2.71/129.4194*129.4194
=2.710

Current CPI (Mar. 2024) = 129.4194.

Bread Financial Holdings Quarterly Data

per share eps CPI Adj_EPS
201406 2.190 100.560 2.819
201409 2.740 100.428 3.531
201412 0.860 99.070 1.123
201503 2.320 99.621 3.014
201506 2.110 100.684 2.712
201509 2.080 100.392 2.681
201512 2.310 99.792 2.996
201603 2.350 100.470 3.027
201606 1.240 101.688 1.578
201609 3.550 101.861 4.510
201612 0.180 101.863 0.229
201703 2.580 102.862 3.246
201706 2.470 103.349 3.093
201709 4.200 104.136 5.220
201712 4.880 104.011 6.072
201803 2.950 105.290 3.626
201806 3.930 106.317 4.784
201809 5.390 106.507 6.550
201812 5.250 105.998 6.410
201903 2.800 107.251 3.379
201906 2.640 108.070 3.162
201909 -2.220 108.329 -2.652
201912 2.730 108.420 3.259
202003 0.630 108.902 0.749
202006 0.810 108.767 0.964
202009 2.790 109.815 3.288
202012 0.250 109.897 0.294
202103 5.740 111.754 6.647
202106 5.470 114.631 6.176
202109 4.470 115.734 4.999
202112 0.340 117.630 0.374
202203 4.200 121.301 4.481
202206 0.250 125.017 0.259
202209 2.690 125.227 2.780
202212 -2.690 125.222 -2.780
202303 9.080 127.348 9.228
202306 0.950 128.729 0.955
202309 3.420 129.860 3.408
202312 0.900 129.419 0.900
202403 2.710 129.419 2.710

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


Bread Financial Holdings  (NYSE:BFH) 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.

During the past 13 years, the highest Shiller P/E Ratio of Bread Financial Holdings was 60.89. The lowest was 2.08. And the median was 20.24.


Be Aware

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


Bread Financial Holdings E10 Related Terms

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


Bread Financial Holdings (Bread Financial Holdings) Business Description

Traded in Other Exchanges
Address
3075 Loyalty Circle, Columbus, OH, USA, 43219
Formed by a combination of JCPenney's credit card processing unit and The Limited's credit card bank business, Bread Financial is a provider of private label and co-branded credit cards, loyalty programs, and marketing services. The company's most financially significant unit is its credit card business that partners with retailers to jointly market Bread's credit cards to their customers. The company also retains minority interest in its recently spun-off LoyaltyOne division, which operates the largest airline miles loyalty program in Canada and offers marketing services to grocery chains in Europe and Asia.
Executives
Turtle Creek Asset Management Inc. 10 percent owner SCOTIA PLAZA, 40 KING STREET WEST, SUITE 5100, TORONTO A6 M5H 3Y2
Roger H Ballou director C/O CDI CORP, 1717 ARCH ST 35TH FL, PHILADELPHIA PA 19103
Clair Joyce St director 50 S LA SALLE ST, CHICAGO IL 60603
Valerie E Greer officer: EVP, Chief Comm'l Off'r, Card 7500 DALLAS PARKWAY, SUITE 700, PLANO TX 75024
Perry S Beberman officer: EVP, Chief Financial Officer 7500 DALLAS PARKWAY, SUITE 700, PLANO TX 75024
Ralph J Andretta director, officer: President and CEO 7500 DALLAS PARKWAY, SUITE 700, PLANO TX 75024
Timothy J Theriault director 50 LA SALLE STREET, CHICAGO IL 60675
John C Gerspach director C/O CORPORATE LAW DEP'T, CITIGOUP INC., 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
Jonathan Bryan Campbell officer: SVP, Chief Acctg. Officer 7500 DALLAS PARKWAY, SUITE 700, PLANO TX 75024
Laurie Anne Tucker director 65 MARYS CREEK COVE NORTH, EADS TN 38028
Rajesh Natarajan director 7500 DALLAS PARKWAY, SUITE 700, PLANO TX 75024
Sharen J Turney director THREE LIMITED PARKWAY, COLUMBUS OH 43230
Karin Kimbrough director C/O FANNIE MAE, 1100 15TH STREET NW, WASHINGTON DC 20005
Charles L Horn officer: EVP & Senior Advisor BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Laura Santillan officer: SVP, Chief Acctg. Officer 17655 WATERVIEW PARKWAY, DALLAS TX 75252