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Permanent TSB Group Holdings (DUB:PTSB) E10 : €-0.22 (As of Dec. 2023)


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What is Permanent TSB Group Holdings 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.

Permanent TSB Group Holdings's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was €0.045. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.22 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was 31.70% per year. During the past 5 years, the average E10 Growth Rate was 58.50% 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 Permanent TSB Group Holdings was 67.40% per year. The lowest was 31.70% per year. And the median was 62.20% per year.

As of today (2024-06-08), Permanent TSB Group Holdings's current stock price is € 1.455. Permanent TSB Group Holdings's E10 for the fiscal year that ended in Dec. 2023 was €-0.22. Permanent TSB Group Holdings's Shiller PE Ratio of today is .


Permanent TSB Group Holdings E10 Historical Data

The historical data trend for Permanent TSB Group Holdings'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.

Permanent TSB Group Holdings E10 Chart

Permanent TSB Group Holdings 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 -5.57 -0.69 -0.61 -0.30 -0.22

Permanent TSB Group Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -0.61 - -0.30 - -0.22

Competitive Comparison of Permanent TSB Group Holdings's E10

For the Banks - Regional subindustry, Permanent TSB Group Holdings'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.


Permanent TSB Group Holdings's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Permanent TSB Group Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Permanent TSB Group Holdings's Shiller PE Ratio falls into.



Permanent TSB Group Holdings 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, Permanent TSB Group Holdings's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.045/120.7486*120.7486
=0.045

Current CPI (Dec. 2023) = 120.7486.

Permanent TSB Group Holdings Annual Data

per_share_eps CPI Adj_EPS
201412 -0.279 99.576 -0.338
201512 -1.002 99.676 -1.214
201612 -0.607 99.676 -0.735
201712 0.064 100.075 0.077
201812 -0.018 100.773 -0.022
201912 0.042 102.068 0.050
202012 -0.380 101.072 -0.454
202112 -0.090 106.653 -0.102
202212 0.454 115.436 0.475
202312 0.045 120.749 0.045

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


Permanent TSB Group Holdings  (DUB:PTSB) 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.


Permanent TSB Group Holdings E10 Related Terms

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


Permanent TSB Group Holdings (DUB:PTSB) Business Description

Traded in Other Exchanges
Address
56 - 59, St. Stephen's Green, Dublin, IRL, 2
Permanent TSB Group Holdings PLC is a traditional retail banking group operating in Ireland. The company primarily serves individual customers and small- to medium-sized enterprises through a multi-channel distribution model. Such channels include branches, brokers, mobile, phone, and online banking. The group's strategy emphasizes developing customer relationships and maintaining a low-risk profile. Nearly all of the bank's income is net interest income, derived mostly from loans and advances to customers.

Permanent TSB Group Holdings (DUB:PTSB) Headlines

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