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Carter Bankshares (Carter Bankshares) E10 : $0.84 (As of Mar. 2024)


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What is Carter Bankshares 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.

Carter Bankshares's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.84 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Carter Bankshares's average E10 Growth Rate was -6.70% per year. During the past 3 years, the average E10 Growth Rate was 5.70% 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 Carter Bankshares was 5.70% per year. The lowest was 5.70% per year. And the median was 5.70% per year.

As of today (2024-05-13), Carter Bankshares's current stock price is $13.01. Carter Bankshares's E10 for the quarter that ended in Mar. 2024 was $0.84. Carter Bankshares's Shiller PE Ratio of today is 15.49.

During the past 13 years, the highest Shiller PE Ratio of Carter Bankshares was 22.99. The lowest was 9.57. And the median was 17.27.


Carter Bankshares E10 Historical Data

The historical data trend for Carter Bankshares'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.

Carter Bankshares E10 Chart

Carter Bankshares 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 - 0.72 0.75 0.85 0.85

Carter Bankshares 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 0.90 0.90 0.89 0.85 0.84

Competitive Comparison of Carter Bankshares's E10

For the Banks - Regional subindustry, Carter Bankshares'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.


Carter Bankshares's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Carter Bankshares's Shiller PE Ratio falls into.



Carter Bankshares 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, Carter Bankshares'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)
=0.25/129.4194*129.4194
=0.250

Current CPI (Mar. 2024) = 129.4194.

Carter Bankshares Quarterly Data

per share eps CPI Adj_EPS
201406 0.320 100.560 0.412
201409 0.300 100.428 0.387
201412 0.360 99.070 0.470
201503 0.320 99.621 0.416
201506 0.340 100.684 0.437
201509 0.360 100.392 0.464
201512 0.470 99.792 0.610
201603 0.320 100.470 0.412
201606 0.240 101.688 0.305
201609 0.200 101.861 0.254
201612 -0.150 101.863 -0.191
201703 0.240 102.862 0.302
201706 -0.060 103.349 -0.075
201709 -0.020 104.136 -0.025
201712 -0.200 104.011 -0.249
201803 0.340 105.290 0.418
201806 0.270 106.317 0.329
201809 -0.290 106.507 -0.352
201812 0.130 105.998 0.159
201903 0.290 107.251 0.350
201906 0.300 108.070 0.359
201909 0.290 108.329 0.346
201912 0.140 108.420 0.167
202003 0.170 108.902 0.202
202006 0.170 108.767 0.202
202009 -2.190 109.815 -2.581
202012 0.110 109.897 0.130
202103 0.360 111.754 0.417
202106 0.210 114.631 0.237
202109 0.420 115.734 0.470
202112 0.210 117.630 0.231
202203 0.360 121.301 0.384
202206 0.440 125.017 0.455
202209 0.590 125.227 0.610
202212 0.650 125.222 0.672
202303 0.670 127.348 0.681
202306 0.240 128.729 0.241
202309 0.160 129.860 0.159
202312 -0.080 129.419 -0.080
202403 0.250 129.419 0.250

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


Carter Bankshares  (NAS:CARE) 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.

Carter Bankshares's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=13.01/0.84
=15.49

* 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 Carter Bankshares was 22.99. The lowest was 9.57. And the median was 17.27.


Be Aware

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


Carter Bankshares E10 Related Terms

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


Carter Bankshares (Carter Bankshares) Business Description

Traded in Other Exchanges
Address
1300 Kings Mountain Road, Martinsville, VA, USA, 24112
Carter Bankshares Inc is a bank holding company that conducts its business solely through the bank. The Bank earns revenue from interest on loans and securities and fees charged for financial services provided to customers. The Bank offers a full range of deposit services including Lifetime Free Checking, interest checking accounts, savings accounts, retirement accounts and other deposit accounts of various types, ranging from money market accounts to longer-term CDs. The Bank offers a full range of commercial and consumer loans. The Bank also originates and holds fixed and variable-rate mortgage loans and offers home equity lines of credit to its customers.
Executives
Curtis E Stephens director 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Michael R Bird director 1300 KINGS MOUNTAIN ROAD, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Arthur Loran Adams officer: EVP, DIRECTOR OF REG RISK MNGT 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Edward Warren Matthews director CARTER BANK & TRUST, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Robert M. Bolton director 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
James W. Haskins director CARTER BANK & TRUST, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Van Dyke Litz H director, officer: CHIEF EXECUTIVE OFFICER CARTER BANK & TRUST, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Catharine L. Midkiff director CARTER BANK & TRUST, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Jane Ann Davis officer: EVP, CHIEF ADMIN. OFFICER BANK BUILDING CORPORATION, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Gregory W Feldmann director 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Phyllis Q. Karavatakis director, officer: SR EXEC VP OF SPECIAL PROJECTS CARTER BANK & TRUST, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Lutz Jacob A Iii director 3941 REEDS LANDING CIRCLE, MIDLOTHIAN VA 23113
Robert W Conner director CARTER BANK & TRUST, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Tony E Kallsen officer: EVP, CHIEF CREDIT OFFICER 43 SOUTH 9TH STREET, INDIANA PA 15701
Kevin S. Bloomfield director 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112