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First Bankers Trustshares (First Bankers Trustshares) E10 : $3.16 (As of Mar. 2024)


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What is First Bankers Trustshares 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 Bankers Trustshares's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, First Bankers Trustshares's average E10 Growth Rate was -0.30% 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), First Bankers Trustshares's current stock price is $14.74. First Bankers Trustshares's E10 for the quarter that ended in Mar. 2024 was $3.16. First Bankers Trustshares's Shiller PE Ratio of today is 4.66.

During the past 13 years, the highest Shiller PE Ratio of First Bankers Trustshares was 11.77. The lowest was 4.14. And the median was 7.94.


First Bankers Trustshares E10 Historical Data

The historical data trend for First Bankers Trustshares'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 Bankers Trustshares E10 Chart

First Bankers Trustshares 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 - - 2.91 3.10 3.15

First Bankers Trustshares 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 3.17 3.15 3.19 3.15 3.16

Competitive Comparison of First Bankers Trustshares's E10

For the Banks - Regional subindustry, First Bankers Trustshares'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 Bankers Trustshares's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where First Bankers Trustshares's Shiller PE Ratio falls into.



First Bankers Trustshares 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 Bankers Trustshares'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)
=0.2/131.7762*131.7762
=0.200

Current CPI (Mar. 2024) = 131.7762.

First Bankers Trustshares Quarterly Data

per share eps CPI Adj_EPS
201406 0.620 100.560 0.812
201409 0.670 100.428 0.879
201412 0.490 99.070 0.652
201503 0.660 99.621 0.873
201506 0.780 100.684 1.021
201509 0.740 100.392 0.971
201512 0.700 99.792 0.924
201603 0.760 100.470 0.997
201606 0.780 101.688 1.011
201609 0.740 101.861 0.957
201612 0.680 101.863 0.880
201703 0.690 102.862 0.884
201706 0.660 103.349 0.842
201709 0.480 104.136 0.607
201712 0.557 104.011 0.706
201803 0.880 105.290 1.101
201806 0.620 106.317 0.768
201809 0.260 106.507 0.322
201812 0.958 105.998 1.191
201903 0.800 107.251 0.983
201906 0.720 108.070 0.878
201909 0.720 108.329 0.876
201912 0.990 108.420 1.203
202003 0.670 108.902 0.811
202006 0.640 108.767 0.775
202009 0.650 109.815 0.780
202012 0.572 109.897 0.686
202103 0.590 111.754 0.696
202106 0.540 114.631 0.621
202109 0.760 115.734 0.865
202112 0.750 117.630 0.840
202203 0.700 121.301 0.760
202206 0.870 125.017 0.917
202209 0.800 125.227 0.842
202212 0.550 125.222 0.579
202303 0.580 127.348 0.600
202306 0.280 128.729 0.287
202309 0.560 129.860 0.568
202312 0.389 129.419 0.396
202403 0.200 131.776 0.200

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


First Bankers Trustshares  (OTCPK:FBTT) 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 Bankers Trustshares's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=14.74/3.16
=4.66

* 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 Bankers Trustshares was 11.77. The lowest was 4.14. And the median was 7.94.


Be Aware

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


First Bankers Trustshares E10 Related Terms

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


First Bankers Trustshares (First Bankers Trustshares) Business Description

Traded in Other Exchanges
N/A
Address
1201 Broadway, P.O. Box 3566, Quincy, IL, USA, 62301
First Bankers Trustshares Inc operates as a bank holding company. The bank through its subsidiaries provides comprehensive financial products and services to its retail, institutional, and corporate customers. It serves a market area consisting primarily of Adams, McDonough, Schuyler, Hancock, Sangamon and adjacent Illinois counties, and Marion, Lewis, and Shelby counties in Missouri. The company portfolio segments consist of commercial operating, commercial real estate, agricultural operating, agricultural real estate, construction and land development, real estate secured by 1-4 and multifamily, and consumer. Some of the services include Checking Accounts, Savings Accounts, Certificates of Deposit, Commercial and Consumer Lending, Mortgage Lending, Home Equity Loans, and others.

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