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Southern Connecticut Bancorp (Southern Connecticut Bancorp) E10 : $0.00 (As of Mar. 2013)


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What is Southern Connecticut Bancorp 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.

Southern Connecticut Bancorp's adjusted earnings per share data for the three months ended in Mar. 2013 was $-0.030. 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. 2013.

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 (2024-06-11), Southern Connecticut Bancorp's current stock price is $0.00. Southern Connecticut Bancorp's E10 for the quarter that ended in Mar. 2013 was $0.00. Southern Connecticut Bancorp's Shiller PE Ratio of today is .


Southern Connecticut Bancorp E10 Historical Data

The historical data trend for Southern Connecticut Bancorp'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.

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Southern Connecticut Bancorp E10 Chart

Southern Connecticut Bancorp Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
E10
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Southern Connecticut Bancorp Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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Competitive Comparison of Southern Connecticut Bancorp's E10

For the Banks - Regional subindustry, Southern Connecticut Bancorp'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.


Southern Connecticut Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Southern Connecticut Bancorp's Shiller PE Ratio falls into.



Southern Connecticut Bancorp 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, Southern Connecticut Bancorp's adjusted earnings per share data for the three months ended in Mar. 2013 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2013 (Change)*Current CPI (Mar. 2013)
=-0.03/98.2094*98.2094
=-0.030

Current CPI (Mar. 2013) = 98.2094.

Southern Connecticut Bancorp Quarterly Data

per share eps CPI Adj_EPS
200306 -0.208 77.505 -0.264
200309 -0.190 78.138 -0.239
200312 0.029 77.758 0.037
200403 0.029 79.066 0.036
200406 0.010 80.037 0.012
200409 -0.019 80.121 -0.023
200412 -0.048 80.290 -0.059
200503 -0.010 81.555 -0.012
200506 -0.050 82.062 -0.060
200509 0.010 83.876 0.012
200512 -0.040 83.032 -0.047
200603 0.030 84.298 0.035
200606 -0.080 85.606 -0.092
200609 -0.020 85.606 -0.023
200612 0.030 85.142 0.035
200703 0.010 86.640 0.011
200706 -0.010 87.906 -0.011
200709 -0.050 87.964 -0.056
200712 -0.140 88.616 -0.155
200803 0.110 90.090 0.120
200806 0.020 92.320 0.021
200809 -0.010 92.307 -0.011
200812 -0.080 88.697 -0.089
200903 -0.860 89.744 -0.941
200906 -0.100 91.003 -0.108
200909 0.000 91.120 0.000
200912 -0.130 91.111 -0.140
201003 0.010 91.821 0.011
201006 0.010 91.962 0.011
201009 0.010 92.162 0.011
201012 -0.531 92.474 -0.564
201103 -0.240 94.283 -0.250
201106 0.070 95.235 0.072
201109 -0.090 95.727 -0.092
201112 -0.751 95.213 -0.775
201203 -0.020 96.783 -0.020
201206 -0.020 96.819 -0.020
201209 0.060 97.633 0.060
201212 -0.085 96.871 -0.086
201303 -0.030 98.209 -0.030

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


Southern Connecticut Bancorp  (DELISTED:SSE) 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.


Be Aware

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


Southern Connecticut Bancorp E10 Related Terms

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


Southern Connecticut Bancorp (Southern Connecticut Bancorp) Business Description

Traded in Other Exchanges
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Address
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Southern Connecticut Bancorp, Inc., a Connecticut corporation was incorporated on November 8, 2000. It is a bank holding company The Company owns 100% of the capital stock of The Bank of Southern Connecticut (the 'Bank'), a Connecticut-chartered bank. The Bank operates branches at four locations, including downtown New Haven, the Amity/Westville section of New Haven, Branford and North Haven. It focuses on serving the banking needs of small to medium-sized businesses, professionals and professional corporations, and their owners and employees in the Greater New Haven Market. The Bank offers loans to businesses and individuals in its service area, including commercial and business loans, industrial loans, personal loans, commercial and home mortgage loans, home equity loans and automobile loans. The Bank has attracted a base of core deposits, including interest bearing and non-interest bearing checking accounts, money market accounts, savings accounts, sweep accounts, NOW accounts, repurchase agreements, and a variety of certificates of deposits and IRA accounts. The primary sources of deposits have been and are expected to continue to be small to medium-sized businesses, professionals (lawyers, doctors, accountants, etc.) and professional corporations, and their owners and employees. The Bank obtains these deposits through personal solicitation by its officers and directors, outside programs and advertisements published and/or broadcasted in the local media. It offers internet-banking services to its customers, including commercial cash management services and personal banking services. The Bank offers remote deposit capture, which offers check deposit capabilities for customers from their place of business. It also offers drive-in teller services, automated teller services, wire transfer, lock box and safe deposit services. The Bank provides a range of other services and products, including cashier's checks, money orders, travelers' checks, bank-by-mail, direct deposit and U.S. Savings Bonds. It is associated with a shared network of automated teller machines that its customers are able to use throughout Connecticut and other regions. The Company operates in a heavily regulated industry and is subject to increasing regulatory review and scrutiny from the Federal Reserve Board, the Connecticut Banking Commissioner, and the FDIC. There are numerous banks and other financial institutions serving the Greater New Haven Market posing significant competition to attract deposits and loans. The Banks and bank holding companies are extensively regulated under both federal and state law.

Southern Connecticut Bancorp (Southern Connecticut Bancorp) Headlines

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