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John Marshall Bancorp (John Marshall Bancorp) E10 : $1.37 (As of Dec. 2023)


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What is John Marshall 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.

John Marshall Bancorp's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was $0.360. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.37 for the trailing ten years ended in Dec. 2023.

During the past 12 months, John Marshall Bancorp's average E10 Growth Rate was -8.10% 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 (2024-04-27), John Marshall Bancorp's current stock price is $ 17.36. John Marshall Bancorp's E10 for the fiscal year that ended in Dec. 2023 was $1.37. John Marshall Bancorp's Shiller PE Ratio of today is 12.67.

During the past 11 years, the highest Shiller PE Ratio of John Marshall Bancorp was 18.59. The lowest was 11.35. And the median was 14.56.


John Marshall Bancorp E10 Historical Data

The historical data trend for John Marshall 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.

John Marshall Bancorp E10 Chart

John Marshall Bancorp 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 - - - 1.49 1.37

John Marshall Bancorp Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Dec19 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 1.49 - - - 1.37

Competitive Comparison of John Marshall Bancorp's E10

For the Banks - Regional subindustry, John Marshall 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.


John Marshall Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

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



John Marshall 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, John Marshall Bancorp's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.36/129.4194*129.4194
=0.360

Current CPI (Dec. 2023) = 129.4194.

John Marshall Bancorp Annual Data

per_share_eps CPI Adj_EPS
201412 0.000 99.070 0.000
201512 0.000 99.792 0.000
201612 0.000 101.863 0.000
201712 0.660 104.011 0.821
201812 0.890 105.998 1.087
201912 1.170 108.420 1.397
202012 1.350 109.897 1.590
202112 1.830 117.630 2.013
202212 2.250 125.222 2.325
202312 0.360 129.419 0.360

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


John Marshall Bancorp  (NAS:JMSB) 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.

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

Shiller PE Ratio=Share Price/E10
=17.36/1.37
=12.67

* 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 11 years, the highest Shiller P/E Ratio of John Marshall Bancorp was 18.59. The lowest was 11.35. And the median was 14.56.


Be Aware

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


John Marshall Bancorp E10 Related Terms

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


John Marshall Bancorp (John Marshall Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1943 Isaac Newton Square E, Suite 100, Reston, VA, USA, 20190
John Marshall Bancorp Inc provides banking services. The company offers personal and commercial banking services including checking and deposits services, lending solutions, cash management, personal loans, and other financial services. The firm serves local businesses, professionals, individuals, and families throughout the Washington, D.C. metropolitan area.
Executives
Jonathan Craig Kinney director 2000 NORTH 14TH STREET SUITE 100, ARLINGTON VA 22201
Lim Nguonly director 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Philip Chase director 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Kelly Jo Bell officer: Chief Operating Officer 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Carl E Dodson officer: Chief Operating Officer & CRO 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Michael A Garcia director 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Christopher W Bergstrom director, officer: Chief Executive Officer 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Jean Edelman director 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Kent Carstater officer: Chief Financial Officer 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Andrew Peden officer: Chief Lending Officer 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Subhash Garg director 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Oscar Leland Mahan director 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Ronald J Gordon director 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Michael T Foster director 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
William Ridenour officer: Chief Banking Officer 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190