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Primis Financial (FRA:7H80) E10 : €0.90 (As of Sep. 2023)


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What is Primis Financial 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.

Primis Financial's adjusted earnings per share data for the three months ended in Sep. 2023 was €-0.131. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.90 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Primis Financial's average E10 Growth Rate was -2.00% per year. During the past 3 years, the average E10 Growth Rate was 10.70% per year. During the past 5 years, the average E10 Growth Rate was 20.30% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Primis Financial was 26.50% per year. The lowest was 10.70% per year. And the median was 21.20% per year.

As of today (2024-05-15), Primis Financial's current stock price is €9.60. Primis Financial's E10 for the quarter that ended in Sep. 2023 was €0.90. Primis Financial's Shiller PE Ratio of today is 10.67.

During the past 13 years, the highest Shiller PE Ratio of Primis Financial was 49.58. The lowest was 6.93. And the median was 25.14.


Primis Financial E10 Historical Data

The historical data trend for Primis Financial'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.

Primis Financial E10 Chart

Primis Financial 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 - - 0.82 0.91 -

Primis Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.91 0.92 0.91 0.90 -

Competitive Comparison of Primis Financial's E10

For the Banks - Regional subindustry, Primis Financial'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.


Primis Financial's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Primis Financial's Shiller PE Ratio falls into.



Primis Financial 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, Primis Financial's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.131/129.8595*129.8595
=-0.131

Current CPI (Sep. 2023) = 129.8595.

Primis Financial Quarterly Data

per share eps CPI Adj_EPS
201312 0.088 98.326 0.116
201403 0.101 99.695 0.132
201406 0.110 100.560 0.142
201409 0.132 100.428 0.171
201412 0.130 99.070 0.170
201503 0.148 99.621 0.193
201506 0.178 100.684 0.230
201509 0.178 100.392 0.230
201512 0.174 99.792 0.226
201603 0.189 100.470 0.244
201606 0.205 101.688 0.262
201609 0.196 101.861 0.250
201612 0.171 101.863 0.218
201703 0.150 102.862 0.189
201706 -0.187 103.349 -0.235
201709 0.151 104.136 0.188
201712 -0.042 104.011 -0.052
201803 0.276 105.290 0.340
201806 0.317 106.317 0.387
201809 0.309 106.507 0.377
201812 0.281 105.998 0.344
201903 0.221 107.251 0.268
201906 0.336 108.070 0.404
201909 0.327 108.329 0.392
201912 0.333 108.420 0.399
202003 0.001 108.902 0.001
202006 0.169 108.767 0.202
202009 0.331 109.815 0.391
202012 0.304 109.897 0.359
202103 0.319 111.754 0.371
202106 0.349 114.631 0.395
202109 0.136 115.734 0.153
202112 0.274 117.630 0.302
202203 0.173 121.301 0.185
202206 0.189 125.017 0.196
202209 0.202 125.227 0.209
202212 0.113 125.222 0.117
202303 0.215 127.348 0.219
202306 -0.009 128.729 -0.009
202309 -0.131 129.860 -0.131

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


Primis Financial  (FRA:7H80) 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.

Primis Financial's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.60/0.9
=10.67

* 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 Primis Financial was 49.58. The lowest was 6.93. And the median was 25.14.


Be Aware

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


Primis Financial E10 Related Terms

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


Primis Financial (FRA:7H80) Business Description

Traded in Other Exchanges
Address
6830 Old Dominion Drive, McLean, VA, USA, 22101
Primis Financial Corp is the bank holding company for Primis Bank, providing financial services to individuals and small and medium-sized businesses. Primis Bank offers a wide range of commercial banking services, it focuses on making loans secured majorly by commercial real estate and other types of secured and unsecured commercial loans to small and medium-sized businesses in a number of industries, as well as loans to individuals for a variety of purposes. Primis Bank offers a broad range of deposit products, including checking (NOW), savings, money market accounts and certificates of deposit.

Primis Financial (FRA:7H80) Headlines

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