GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BCO Estado do Rio Grande do Sul SA (BSP:BRSR3) » Definitions » E10

BCO Estado do Rio Grande do Sul (BSP:BRSR3) E10 : R$2.86 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is BCO Estado do Rio Grande do Sul 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.

BCO Estado do Rio Grande do Sul's adjusted earnings per share data for the three months ended in Dec. 2023 was R$0.740. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$2.86 for the trailing ten years ended in Dec. 2023.

During the past 12 months, BCO Estado do Rio Grande do Sul's average E10 Growth Rate was -0.70% per year. During the past 3 years, the average E10 Growth Rate was 0.80% per year. During the past 5 years, the 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of BCO Estado do Rio Grande do Sul was 3.90% per year. The lowest was -14.60% per year. And the median was 0.80% per year.

As of today (2024-05-19), BCO Estado do Rio Grande do Sul's current stock price is R$11.95. BCO Estado do Rio Grande do Sul's E10 for the quarter that ended in Dec. 2023 was R$2.86. BCO Estado do Rio Grande do Sul's Shiller PE Ratio of today is 4.18.

During the past 13 years, the highest Shiller PE Ratio of BCO Estado do Rio Grande do Sul was 9.78. The lowest was 3.60. And the median was 5.09.


BCO Estado do Rio Grande do Sul E10 Historical Data

The historical data trend for BCO Estado do Rio Grande do Sul'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.

BCO Estado do Rio Grande do Sul E10 Chart

BCO Estado do Rio Grande do Sul 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 2.79 2.77 2.89 2.86 2.86

BCO Estado do Rio Grande do Sul 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 2.86 2.88 2.87 2.84 2.86

Competitive Comparison of BCO Estado do Rio Grande do Sul's E10

For the Banks - Regional subindustry, BCO Estado do Rio Grande do Sul'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.


BCO Estado do Rio Grande do Sul's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BCO Estado do Rio Grande do Sul's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where BCO Estado do Rio Grande do Sul's Shiller PE Ratio falls into.



BCO Estado do Rio Grande do Sul 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, BCO Estado do Rio Grande do Sul'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)
=0.74/157.1481*157.1481
=0.740

Current CPI (Dec. 2023) = 157.1481.

BCO Estado do Rio Grande do Sul Quarterly Data

per share eps CPI Adj_EPS
201403 0.190 90.447 0.330
201406 0.367 91.838 0.628
201409 0.527 92.602 0.894
201412 0.607 94.194 1.013
201503 0.360 97.799 0.578
201506 0.472 100.006 0.742
201509 0.879 101.392 1.362
201512 0.366 104.247 0.552
201603 0.460 106.979 0.676
201606 0.493 108.851 0.712
201609 0.257 109.986 0.367
201612 0.404 110.802 0.573
201703 0.314 111.869 0.441
201706 0.459 112.115 0.643
201709 0.539 112.777 0.751
201712 1.263 114.068 1.740
201803 0.597 114.868 0.817
201806 0.641 117.038 0.861
201809 0.710 117.881 0.947
201812 0.614 118.340 0.815
201903 0.780 120.124 1.020
201906 0.820 120.977 1.065
201909 0.714 121.292 0.925
201912 0.970 123.436 1.235
202003 0.630 124.092 0.798
202006 0.293 123.557 0.373
202009 0.288 125.095 0.362
202012 0.570 129.012 0.694
202103 0.680 131.660 0.812
202106 0.650 133.871 0.763
202109 0.380 137.913 0.433
202112 0.610 141.992 0.675
202203 0.290 146.537 0.311
202206 0.670 149.784 0.703
202209 0.170 147.800 0.181
202212 0.620 150.207 0.649
202303 0.470 153.352 0.482
202306 0.600 154.519 0.610
202309 0.320 155.464 0.323
202312 0.740 157.148 0.740

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


BCO Estado do Rio Grande do Sul  (BSP:BRSR3) 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.

BCO Estado do Rio Grande do Sul's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.95/2.86
=4.18

* 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 BCO Estado do Rio Grande do Sul was 9.78. The lowest was 3.60. And the median was 5.09.


Be Aware

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


BCO Estado do Rio Grande do Sul E10 Related Terms

Thank you for viewing the detailed overview of BCO Estado do Rio Grande do Sul's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


BCO Estado do Rio Grande do Sul (BSP:BRSR3) Business Description

Traded in Other Exchanges
Address
Rua Capitao Montanha, nº 177 - Centro Porto Alegre, Porto Alegre, RS, BRA, 90010-040
BCO Estado do Rio Grande do Sul SA is a Brazil-based commercial bank that provides personal and corporate banking services. It provides financial services such as multiple banks, providing brokering services, consortia, card management, and warehouses. The company with its subsidiaries and affiliates operates commercial, lending, financing and investment, mortgage loan, development, leasing, and investment portfolios, including foreign exchange transactions, securities brokerage, and credit card and consortium management.

BCO Estado do Rio Grande do Sul (BSP:BRSR3) Headlines

No Headlines