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Banco De Bogota (BOG:BOGOTA) E10 : COP9,435.64 (As of Dec. 2023)


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What is Banco De Bogota 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.

Banco De Bogota's adjusted earnings per share data for the three months ended in Dec. 2023 was COP2,273.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is COP9,435.64 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Banco De Bogota's average E10 Growth Rate was -1.70% 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 (2024-05-20), Banco De Bogota's current stock price is COP28300.00. Banco De Bogota's E10 for the quarter that ended in Dec. 2023 was COP9,435.64. Banco De Bogota's Shiller PE Ratio of today is 3.00.

During the past 13 years, the highest Shiller PE Ratio of Banco De Bogota was 8.73. The lowest was 2.56. And the median was 3.50.


Banco De Bogota E10 Historical Data

The historical data trend for Banco De Bogota'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.

Banco De Bogota E10 Chart

Banco De Bogota 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 - - 9,179.74 9,595.20 9,435.64

Banco De Bogota Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 9,595.20 9,650.18 9,450.29 9,368.35 9,435.64

Competitive Comparison of Banco De Bogota's E10

For the Banks - Regional subindustry, Banco De Bogota'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.


Banco De Bogota's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Banco De Bogota's Shiller PE Ratio falls into.



Banco De Bogota 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, Banco De Bogota's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2273.7/129.4194*129.4194
=2,273.700

Current CPI (Dec. 2023) = 129.4194.

Banco De Bogota Quarterly Data

per share eps CPI Adj_EPS
201403 954.453 99.695 1,239.033
201406 1,211.510 100.560 1,559.205
201409 1,034.600 100.428 1,333.269
201412 1,009.140 99.070 1,318.287
201503 957.431 99.621 1,243.814
201506 1,383.800 100.684 1,778.741
201509 1,312.500 100.392 1,692.005
201512 1,688.760 99.792 2,190.130
201603 1,038.550 100.470 1,337.792
201606 7,759.930 101.688 9,876.136
201609 1,583.090 101.861 2,011.394
201612 1,332.480 101.863 1,692.953
201703 1,567.370 102.862 1,972.037
201706 1,352.080 103.349 1,693.149
201709 1,285.840 104.136 1,598.038
201712 1,588.220 104.011 1,976.198
201803 1,711.640 105.290 2,103.908
201806 1,519.650 106.317 1,849.869
201809 2,345.440 106.507 2,850.013
201812 4,379.490 105.998 5,347.191
201903 1,956.680 107.251 2,361.130
201906 75.225 108.070 90.086
201909 1,748.130 108.329 2,088.463
201912 3,985.080 108.420 4,756.928
202003 2,073.730 108.902 2,464.437
202006 -985.219 108.767 -1,172.287
202009 1,489.060 109.815 1,754.892
202012 3,591.720 109.897 4,229.771
202103 1,992.610 111.754 2,307.582
202106 430.858 114.631 486.441
202109 5,363.410 115.734 5,997.611
202112 10,234.400 117.630 11,260.185
202203 6,423.010 121.301 6,852.887
202206 -4,621.270 125.017 -4,784.013
202209 -581.279 125.227 -600.742
202212 6,669.890 125.222 6,893.474
202303 1,387.190 127.348 1,409.756
202306 -606.613 128.729 -609.868
202309 -368.472 129.860 -367.223
202312 2,273.700 129.419 2,273.700

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


Banco De Bogota  (BOG:BOGOTA) 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.

Banco De Bogota's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=28300.00/9435.64
=3.00

* 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 Banco De Bogota was 8.73. The lowest was 2.56. And the median was 3.50.


Be Aware

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


Banco De Bogota E10 Related Terms

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


Banco De Bogota (BOG:BOGOTA) Business Description

Traded in Other Exchanges
N/A
Address
36th street No. 7-47, Piso 15, Bogota, COL, 3436
Banco De Bogota SA is a lending institution that provides financial services at different maturities which include loans, capital leases, commercial, consumer and mortgage lending, and microcredit. It has a portfolio of bonds and equity investments, including a stake in subsidiaries and other firms. It also operates on the currency and derivatives markets. The objectives of the group in terms of managing its capital focus on, complying with the capital requirements defined by the Colombian government for the Bank and its financial subsidiaries in Colombia and by foreign governments in countries where the Bank has financial subsidiaries and maintaining an adequate equity structure that allows the group to generate value for its shareholders.

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