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Housing & Development Bank (CAI:HDBK) E10 : E£4.06 (As of Sep. 2023)


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What is Housing & Development 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.

Housing & Development Bank's adjusted earnings per share data for the three months ended in Sep. 2023 was E£2.751. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is E£4.06 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Housing & Development Bank's average E10 Growth Rate was 33.10% 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 (2024-06-09), Housing & Development Bank's current stock price is E£40.00. Housing & Development Bank's E10 for the quarter that ended in Sep. 2023 was E£4.06. Housing & Development Bank's Shiller PE Ratio of today is 9.85.

During the past 13 years, the highest Shiller PE Ratio of Housing & Development Bank was 14.29. The lowest was 3.06. And the median was 5.79.


Housing & Development Bank E10 Historical Data

The historical data trend for Housing & Development 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.

Housing & Development Bank E10 Chart

Housing & Development Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 3.11

Housing & Development Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 3.05 3.11 3.39 3.77 4.06

Competitive Comparison of Housing & Development Bank's E10

For the Banks - Regional subindustry, Housing & Development 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.


Housing & Development Bank's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Housing & Development Bank's Shiller PE Ratio falls into.



Housing & Development 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, Housing & Development Bank's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=2.751/129.8595*129.8595
=2.751

Current CPI (Sep. 2023) = 129.8595.

Housing & Development Bank Quarterly Data

per share eps CPI Adj_EPS
201309 0.181 98.790 0.238
201312 0.201 98.326 0.265
201403 0.201 99.695 0.262
201406 0.260 100.560 0.336
201412 0.475 99.070 0.623
201503 0.293 99.621 0.382
201506 0.286 100.684 0.369
201509 0.203 100.392 0.263
201512 0.237 99.792 0.308
201603 0.343 100.470 0.443
201606 0.416 101.688 0.531
201609 0.382 101.861 0.487
201612 0.260 101.863 0.331
201703 1.043 102.862 1.317
201706 0.481 103.349 0.604
201709 0.395 104.136 0.493
201712 0.519 104.011 0.648
201803 1.183 105.290 1.459
201806 0.829 106.317 1.013
201809 0.948 106.507 1.156
201812 0.712 105.998 0.872
201903 1.129 107.251 1.367
201906 0.977 108.070 1.174
201909 1.102 108.329 1.321
201912 0.959 108.420 1.149
202003 1.131 108.902 1.349
202006 0.861 108.767 1.028
202009 1.106 109.815 1.308
202012 0.762 109.897 0.900
202103 1.220 111.754 1.418
202106 0.657 114.631 0.744
202109 1.081 115.734 1.213
202112 0.830 117.630 0.916
202203 1.180 121.301 1.263
202206 1.260 125.017 1.309
202209 1.301 125.227 1.349
202212 1.360 125.222 1.410
202303 2.500 127.348 2.549
202306 3.662 128.729 3.694
202309 2.751 129.860 2.751

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


Housing & Development Bank  (CAI:HDBK) 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.

Housing & Development Bank's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=40.00/4.06
=9.85

* 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 Housing & Development Bank was 14.29. The lowest was 3.06. And the median was 5.79.


Be Aware

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


Housing & Development Bank E10 Related Terms

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


Housing & Development Bank (CAI:HDBK) Business Description

Traded in Other Exchanges
N/A
Address
26 El Kroum Street, Mohandessin, Giza, EGY
Housing & Development Bank operates as a bank in the Arab Republic of Egypt. The company provides loans and other services to financial institutions, agricultural, industrial institutions, commercial, services, real estate activity and governmental sector. It operates its business in four segments which are Corporate, Medium and Small Sized Enterprise, Investments, Retail and Other Activities.

Housing & Development Bank (CAI:HDBK) Headlines

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