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Wesbanco (FRA:WEY) E10 : €2.73 (As of Mar. 2024)


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What is Wesbanco 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.

Wesbanco's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.515. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Wesbanco's average E10 Growth Rate was 2.00% per year. During the past 3 years, the average E10 Growth Rate was 8.20% per year. During the past 5 years, the average E10 Growth Rate was 8.00% per year. During the past 10 years, the average E10 Growth Rate was 5.60% 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 Wesbanco was 9.30% per year. The lowest was -1.80% per year. And the median was 2.20% per year.

As of today (2024-05-26), Wesbanco's current stock price is €25.20. Wesbanco's E10 for the quarter that ended in Mar. 2024 was €2.73. Wesbanco's Shiller PE Ratio of today is 9.23.

During the past 13 years, the highest Shiller PE Ratio of Wesbanco was 24.94. The lowest was 7.19. And the median was 16.01.


Wesbanco E10 Historical Data

The historical data trend for Wesbanco'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.

Wesbanco E10 Chart

Wesbanco 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 - 1.86 2.36 2.75 2.74

Wesbanco 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 2.68 2.75 2.80 2.74 2.73

Competitive Comparison of Wesbanco's E10

For the Banks - Regional subindustry, Wesbanco'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.


Wesbanco's Shiller PE Ratio Distribution in the Banks Industry

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

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



Wesbanco 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, Wesbanco'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)
=0.515/131.7762*131.7762
=0.515

Current CPI (Mar. 2024) = 131.7762.

Wesbanco Quarterly Data

per share eps CPI Adj_EPS
201406 0.471 100.560 0.617
201409 0.481 100.428 0.631
201412 0.454 99.070 0.604
201503 0.370 99.621 0.489
201506 0.499 100.684 0.653
201509 0.517 100.392 0.679
201512 0.551 99.792 0.728
201603 0.539 100.470 0.707
201606 0.516 101.688 0.669
201609 0.392 101.861 0.507
201612 0.521 101.863 0.674
201703 0.552 102.862 0.707
201706 0.534 103.349 0.681
201709 0.503 104.136 0.637
201712 0.304 104.011 0.385
201803 0.616 105.290 0.771
201806 0.608 106.317 0.754
201809 0.548 106.507 0.678
201812 0.703 105.998 0.874
201903 0.655 107.251 0.805
201906 0.726 108.070 0.885
201909 0.617 108.329 0.751
201912 0.540 108.420 0.656
202003 0.317 108.902 0.384
202006 0.062 108.767 0.075
202009 0.518 109.815 0.622
202012 0.616 109.897 0.739
202103 0.882 111.754 1.040
202106 0.838 114.631 0.963
202109 0.544 115.734 0.619
202112 0.726 117.630 0.813
202203 0.617 121.301 0.670
202206 0.634 125.017 0.668
202209 0.859 125.227 0.904
202212 0.793 125.222 0.835
202303 0.626 127.348 0.648
202306 0.655 128.729 0.671
202309 0.543 129.860 0.551
202312 0.504 129.419 0.513
202403 0.515 131.776 0.515

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


Wesbanco  (FRA:WEY) 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.

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

Shiller PE Ratio=Share Price/E10
=25.20/2.73
=9.23

* 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 Wesbanco was 24.94. The lowest was 7.19. And the median was 16.01.


Be Aware

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


Wesbanco E10 Related Terms

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


Wesbanco (FRA:WEY) Business Description

Traded in Other Exchanges
Address
1 Bank Plaza, Wheeling, WV, USA, 26003
Wesbanco Inc is a bank holding company that offers a full range of financial services, including retail banking, corporate banking, personal and corporate trust services, brokerage services, mortgage banking, and insurance. The company has two reportable segments: community banking and trust and investment services. WesBanco operates one commercial bank, WesBanco Bank, which runs scores of branches. Its market service area primarily includes the Rust Belt region of the United States. Commercial real estate accounts for nearly half of the bank's loan portfolio. The bank has historically grown through both organic growth and acquisitions. The bank's primary component of net revenue is net interest income.

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