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Fubon Financial Holdings Co (LUX:199138) E10 : $2.01 (As of Mar. 2024)


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What is Fubon Financial Holdings Co 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.

Fubon Financial Holdings Co's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.738. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fubon Financial Holdings Co's average E10 Growth Rate was 6.80% per year. During the past 3 years, the average E10 Growth Rate was 12.00% 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 Fubon Financial Holdings Co was 15.10% per year. The lowest was 12.00% per year. And the median was 13.55% per year.

As of today (2024-06-09), Fubon Financial Holdings Co's current stock price is $23.40. Fubon Financial Holdings Co's E10 for the quarter that ended in Mar. 2024 was $2.01. Fubon Financial Holdings Co's Shiller PE Ratio of today is 11.64.

During the past 13 years, the highest Shiller PE Ratio of Fubon Financial Holdings Co was 13.77. The lowest was 7.29. And the median was 9.55.


Fubon Financial Holdings Co E10 Historical Data

The historical data trend for Fubon Financial Holdings Co'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.

Fubon Financial Holdings Co E10 Chart

Fubon Financial Holdings Co 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 1.31 1.58 2.03 1.94 2.05

Fubon Financial Holdings Co 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 1.99 2.00 1.98 2.05 2.01

Competitive Comparison of Fubon Financial Holdings Co's E10

For the Insurance - Life subindustry, Fubon Financial Holdings Co'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.


Fubon Financial Holdings Co's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Fubon Financial Holdings Co's Shiller PE Ratio distribution charts can be found below:

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



Fubon Financial Holdings Co 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, Fubon Financial Holdings Co'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)
=0.738/131.7762*131.7762
=0.738

Current CPI (Mar. 2024) = 131.7762.

Fubon Financial Holdings Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.396 100.560 0.519
201409 0.673 100.428 0.883
201412 0.171 99.070 0.227
201503 0.514 99.621 0.680
201506 0.574 100.684 0.751
201509 0.396 100.392 0.520
201512 0.133 99.792 0.176
201603 0.217 100.470 0.285
201606 0.373 101.688 0.483
201609 0.425 101.861 0.550
201612 0.204 101.863 0.264
201703 0.260 102.862 0.333
201706 0.207 103.349 0.264
201709 0.684 104.136 0.866
201712 0.264 104.011 0.334
201803 0.452 105.290 0.566
201806 0.356 106.317 0.441
201809 0.499 106.507 0.617
201812 -0.064 105.998 -0.080
201903 0.326 107.251 0.401
201906 0.390 108.070 0.476
201909 0.608 108.329 0.740
201912 0.128 108.420 0.156
202003 0.613 108.902 0.742
202006 0.311 108.767 0.377
202009 0.854 109.815 1.025
202012 0.630 109.897 0.755
202103 1.463 111.754 1.725
202106 0.989 114.631 1.137
202109 1.244 115.734 1.416
202112 0.360 117.630 0.403
202203 1.256 121.301 1.364
202206 0.518 125.017 0.546
202209 0.352 125.227 0.370
202212 -0.923 125.222 -0.971
202303 0.350 127.348 0.362
202306 0.633 128.729 0.648
202309 0.596 129.860 0.605
202312 -0.045 129.419 -0.046
202403 0.738 131.776 0.738

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


Fubon Financial Holdings Co  (LUX:199138) 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.

Fubon Financial Holdings Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=23.40/2.01
=11.64

* 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 Fubon Financial Holdings Co was 13.77. The lowest was 7.29. And the median was 9.55.


Be Aware

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


Fubon Financial Holdings Co E10 Related Terms

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


Fubon Financial Holdings Co (LUX:199138) Business Description

Traded in Other Exchanges
Address
No. 179, Liaoning Street, 15-16th Floor, Zhongshan District, Taipei, TWN, 104
Fubon Financial Holdings Co Ltd is a full-service financial holding company. The company's segments include Bank business; Insurance business; Life insurance business; Securities business and others. It generates maximum revenue from Insurance business segment. The Insurance business segment provides a variety of life and property insurance services. Its Bank business segment is engaged in banking business. Geographically, it derives a majority of its revenue from Taiwan.

Fubon Financial Holdings Co (LUX:199138) Headlines

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