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First National Bank Alaska (First National Bank Alaska) E10 : $20.62 (As of Mar. 2024)


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What is First National Bank Alaska 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.

First National Bank Alaska's adjusted earnings per share data for the three months ended in Mar. 2024 was $4.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $20.62 for the trailing ten years ended in Mar. 2024.

During the past 12 months, First National Bank Alaska's average E10 Growth Rate was -0.40% per year. During the past 3 years, the average E10 Growth Rate was 3.60% per year. During the past 5 years, the average E10 Growth Rate was 4.50% per year. During the past 10 years, the average E10 Growth Rate was 3.70% 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 First National Bank Alaska was 6.70% per year. The lowest was 2.00% per year. And the median was 3.60% per year.

As of today (2024-06-10), First National Bank Alaska's current stock price is $197.96. First National Bank Alaska's E10 for the quarter that ended in Mar. 2024 was $20.62. First National Bank Alaska's Shiller PE Ratio of today is 9.60.

During the past 13 years, the highest Shiller PE Ratio of First National Bank Alaska was 17.17. The lowest was 7.99. And the median was 11.34.


First National Bank Alaska E10 Historical Data

The historical data trend for First National Bank Alaska'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.

First National Bank Alaska E10 Chart

First National Bank Alaska 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 17.76 18.26 19.96 21.59 20.28

First National Bank Alaska 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 20.70 19.96 20.21 20.28 20.62

Competitive Comparison of First National Bank Alaska's E10

For the Banks - Regional subindustry, First National Bank Alaska'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.


First National Bank Alaska's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First National Bank Alaska's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where First National Bank Alaska's Shiller PE Ratio falls into.



First National Bank Alaska 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, First National Bank Alaska'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)
=4.26/131.7762*131.7762
=4.260

Current CPI (Mar. 2024) = 131.7762.

First National Bank Alaska Quarterly Data

per share eps CPI Adj_EPS
201212 2.884 96.871 3.923
201303 2.602 98.209 3.491
201306 2.379 98.518 3.182
201309 2.570 98.790 3.428
201312 2.429 98.326 3.255
201412 10.137 99.070 13.484
201512 11.302 99.792 14.924
201603 3.155 100.470 4.138
201606 3.193 101.688 4.138
201609 3.725 101.861 4.819
201612 2.962 101.863 3.832
201703 3.032 102.862 3.884
201706 3.446 103.349 4.394
201709 3.690 104.136 4.669
201712 1.320 104.011 1.672
201803 4.270 105.290 5.344
201806 3.970 106.317 4.921
201809 5.020 106.507 6.211
201812 3.920 105.998 4.873
201903 4.270 107.251 5.246
201906 4.120 108.070 5.024
201909 4.680 108.329 5.693
201912 4.490 108.420 5.457
202003 4.470 108.902 5.409
202006 4.600 108.767 5.573
202009 4.910 109.815 5.892
202012 4.190 109.897 5.024
202103 4.410 111.754 5.200
202106 4.330 114.631 4.978
202109 4.550 115.734 5.181
202112 5.160 117.630 5.781
202203 4.370 121.301 4.747
202206 4.540 125.017 4.785
202209 4.940 125.227 5.198
202212 4.538 125.222 4.776
202303 4.250 127.348 4.398
202306 4.570 128.729 4.678
202309 4.900 129.860 4.972
202312 5.230 129.419 5.325
202403 4.260 131.776 4.260

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


First National Bank Alaska  (OTCPK:FBAK) 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.

First National Bank Alaska's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=197.96/20.62
=9.60

* 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 First National Bank Alaska was 17.17. The lowest was 7.99. And the median was 11.34.


Be Aware

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


First National Bank Alaska E10 Related Terms

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


First National Bank Alaska (First National Bank Alaska) Business Description

Traded in Other Exchanges
N/A
Address
360 K Street, Suite 100, Anchorage, AK, USA, 99501
First National Bank Alaska is a commercial banking service provider in the United States. Its primary business operations involve corporate banking and consumer banking services. The Bank provides trust banking services, escrow and contract collection services, bankcard services and safe deposit box facilities for business, industry, and individuals within the State of Alaska. It also offers various real estate loans, including commercial and construction/development loans, multifamily residential loans, and consumer and other loans. The company also has add-on services like the United States Treasury, the United States Government-sponsored enterprises, States and political subdivisions, mortgage-backed-residential and corporate bonds.