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Republic First Bancorp (Republic First Bancorp) E10 : $0.11 (As of Sep. 2022)


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What is Republic First Bancorp 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.

Republic First Bancorp's adjusted earnings per share data for the three months ended in Sep. 2022 was $0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.11 for the trailing ten years ended in Sep. 2022.

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 (2024-05-14), Republic First Bancorp's current stock price is $0.0055. Republic First Bancorp's E10 for the quarter that ended in Sep. 2022 was $0.11. Republic First Bancorp's Shiller PE Ratio of today is 0.05.


Republic First Bancorp E10 Historical Data

The historical data trend for Republic First Bancorp'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.

Republic First Bancorp E10 Chart

Republic First Bancorp Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.30 -0.28 -0.16 -0.05 0.10

Republic First Bancorp Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23
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 0.10 0.11 0.11 0.11 -

Competitive Comparison of Republic First Bancorp's E10

For the Banks - Regional subindustry, Republic First Bancorp'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.


Republic First Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

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



Republic First Bancorp 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, Republic First Bancorp's adjusted earnings per share data for the three months ended in Sep. 2022 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=0.01/125.2265*125.2265
=0.010

Current CPI (Sep. 2022) = 125.2265.

Republic First Bancorp Quarterly Data

per share eps CPI Adj_EPS
201212 0.030 96.871 0.039
201303 0.040 98.209 0.051
201306 0.040 98.518 0.051
201309 -0.090 98.790 -0.114
201312 -0.130 98.326 -0.166
201403 0.030 99.695 0.038
201406 0.020 100.560 0.025
201409 0.010 100.428 0.012
201412 0.020 99.070 0.025
201503 0.010 99.621 0.013
201506 0.010 100.684 0.012
201509 0.020 100.392 0.025
201512 0.020 99.792 0.025
201603 0.030 100.470 0.037
201606 0.030 101.688 0.037
201609 0.030 101.861 0.037
201612 0.030 101.863 0.037
201703 0.030 102.862 0.037
201706 0.040 103.349 0.048
201709 0.040 104.136 0.048
201712 0.050 104.011 0.060
201803 0.030 105.290 0.036
201806 0.040 106.317 0.047
201809 0.040 106.507 0.047
201812 0.040 105.998 0.047
201903 0.010 107.251 0.012
201906 0.010 108.070 0.012
201909 -0.030 108.329 -0.035
201912 -0.040 108.420 -0.046
202003 -0.010 108.902 -0.011
202006 0.040 108.767 0.046
202009 -0.020 109.815 -0.023
202012 0.050 109.897 0.057
202103 0.090 111.754 0.101
202106 0.080 114.631 0.087
202109 0.080 115.734 0.087
202112 0.080 117.630 0.085
202203 0.080 121.301 0.083
202206 0.060 125.017 0.060
202209 0.010 125.227 0.010

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


Republic First Bancorp  (OTCPK:FRBK) 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.

Republic First Bancorp's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.0055/0.11
=0.05

* 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.


Be Aware

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


Republic First Bancorp E10 Related Terms

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


Republic First Bancorp (Republic First Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
50 South 16th Street, Philadelphia, PA, USA, 19102
Republic First Bancorp Inc is an American state-chartered bank. It is principally a holding company for Republic First Bank. The bank offers a range of credit and depository banking products and services, such as consumer and commercial deposit accounts, interest-bearing demand accounts, savings accounts, secured and unsecured commercial loans, real estate loans, automobile loans, mortgages, and other products. It operates in the reportable segment of Community banking.
Executives
Michael W Harrington officer: Chief Financial Officer BRYN MAWR TRUST COMPANY, 801 LANCASTER AVENUE, BRYN MAWR PA 19010
Thomas X Geisel director, officer: President and CEO 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Benjamin Duster director 200 E. 84ST, 8TH FLOOR, NEW YORK NY 10028
Peter B Bartholow director 2100 MCKINNEY AVE, STE 900, DALLAS TX 75201
Michael Laplante officer: SVP/Chief Accounting Officer 191 NORTH ELM AVENUE, NEWTOWN PA 18940
Harry Madonna director C/O REPUBLIC FIRST BANK, 1608 WALNUT ST., PHILADELPHIA PA 19103
Jonathan D. Hill officer: Interim CFO C/O REPUBLIC FIRST BANCORP, INC., 50 S. 16TH STREET. SUITE 2400, PHILADELPHIA PA 19102
Jay M Neilon officer: Chief Credit Officer 35 SKYLINE DRIVE, GLEN MILLS PA 19342
Andrew J Logue officer: Chief Operations Officer 4 TUSCANY WAY, MT. LAUREL NJ 08054
Barry Spevak director 1608 WALNUT STREET, SUITE 1000, PHILADELPHIA PA 19103
Flocco Theodore J Jr director 11 BROOKWOOD ROAD, MT. LAUREL NJ 08054
Tracie Young officer: Chief Risk Officer 50 S. 16TH STREET, SUITE 2400, PHILADELPHIA PA 19102
Harris Wildstein director 1522 MEADOWBROOK RD, MEADOWBROOK PA 19046-1011
Frank A. Cavallaro officer: Chief Financial Officer 132 YALE AVENUE, SOMERDALE NJ 08083
Hill Vernon W Ii director 17000 HORIZON WAY, SUITE 100, MT. LAUREL NJ 08054

Republic First Bancorp (Republic First Bancorp) Headlines

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