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FSB Bancorp (FSB Bancorp) E10 : $0.09 (As of Dec. 2019)


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What is FSB 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.

FSB Bancorp's adjusted earnings per share data for the three months ended in Dec. 2019 was $-0.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.09 for the trailing ten years ended in Dec. 2019.

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 (2024-04-28), FSB Bancorp's current stock price is $24.49. FSB Bancorp's E10 for the quarter that ended in Dec. 2019 was $0.09. FSB Bancorp's Shiller PE Ratio of today is 272.11.


FSB Bancorp E10 Historical Data

The historical data trend for FSB 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.

FSB Bancorp E10 Chart

FSB Bancorp Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec15 Dec16 Dec17 Dec18 Dec19
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.24 0.09

FSB Bancorp Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 0.24 0.17 0.09 0.10 0.09

Competitive Comparison of FSB Bancorp's E10

For the Banks - Regional subindustry, FSB 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.


FSB Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

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



FSB 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, FSB Bancorp's adjusted earnings per share data for the three months ended in Dec. 2019 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2019 (Change)*Current CPI (Dec. 2019)
=-0.26/108.4201*108.4201
=-0.260

Current CPI (Dec. 2019) = 108.4201.

FSB Bancorp Quarterly Data

per share eps CPI Adj_EPS
200709 -0.001 87.964 -0.001
200712 0.010 88.616 0.012
200803 -0.060 90.090 -0.072
200806 0.010 92.320 0.012
200809 0.001 92.307 0.001
200812 0.070 88.697 0.086
200903 0.030 89.744 0.036
200906 0.020 91.003 0.024
200909 -0.020 91.120 -0.024
200912 0.010 91.111 0.012
201003 0.020 91.821 0.024
201006 0.020 91.962 0.024
201009 0.050 92.162 0.059
201012 0.034 92.474 0.040
201103 -0.030 94.283 -0.034
201106 0.010 95.235 0.011
201109 0.020 95.727 0.023
201112 -0.040 95.213 -0.046
201203 -0.070 96.783 -0.078
201206 0.010 96.819 0.011
201503 0.050 99.621 0.054
201506 0.020 100.684 0.022
201509 0.140 100.392 0.151
201512 0.070 99.792 0.076
201603 0.040 100.470 0.043
201606 0.060 101.688 0.064
201609 0.130 101.861 0.138
201612 0.260 101.863 0.277
201703 -0.003 102.862 -0.003
201706 0.120 103.349 0.126
201709 0.090 104.136 0.094
201712 -0.090 104.011 -0.094
201803 0.040 105.290 0.041
201806 0.040 106.317 0.041
201809 -0.030 106.507 -0.031
201812 0.020 105.998 0.020
201903 0.005 107.251 0.005
201906 -0.030 108.070 -0.030
201909 0.001 108.329 0.001
201912 -0.260 108.420 -0.260

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


FSB Bancorp  (NAS:FSBC) 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.

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

Shiller PE Ratio=Share Price/E10
=24.49/0.09
=272.11

* 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.


FSB Bancorp E10 Related Terms

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


FSB Bancorp (FSB Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
45 South Main Street, Fairport, NY, USA, 14450
FSB Bancorp Inc is a bank holding company which offers secure and personalized financial solutions. The company through its banking subsidiaries is engaged in providing banking products and services including checking and savings, lending and other mortgage services, Wealth Management and Insurance. Its revenue derived primarily from Interest on loans and, Interest on investment and municipal securities and mortgage-backed securities.
Executives
Kevin D Maroney director, officer: President and CEO 45 SOUTH MAIN STREET, FAIRPORT NY 14450

FSB Bancorp (FSB Bancorp) Headlines