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MidWestOne Financial Group (MidWestOne Financial Group) E10 : $2.74 (As of Mar. 2024)


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What is MidWestOne Financial Group 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.

MidWestOne Financial Group's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MidWestOne Financial Group's average E10 Growth Rate was -1.80% per year. During the past 3 years, the average E10 Growth Rate was 9.40% per year. During the past 5 years, the average E10 Growth Rate was 8.70% per year. During the past 10 years, the average E10 Growth Rate was 11.20% 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 MidWestOne Financial Group was 19.70% per year. The lowest was -12.80% per year. And the median was 6.70% per year.

As of today (2024-05-31), MidWestOne Financial Group's current stock price is $21.57. MidWestOne Financial Group's E10 for the quarter that ended in Mar. 2024 was $2.74. MidWestOne Financial Group's Shiller PE Ratio of today is 7.87.

During the past 13 years, the highest Shiller PE Ratio of MidWestOne Financial Group was 30.14. The lowest was 6.56. And the median was 19.79.


MidWestOne Financial Group E10 Historical Data

The historical data trend for MidWestOne Financial Group'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.

MidWestOne Financial Group E10 Chart

MidWestOne Financial Group 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 2.14 2.09 2.50 2.80 2.74

MidWestOne Financial Group 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 2.79 2.80 2.80 2.74 2.74

Competitive Comparison of MidWestOne Financial Group's E10

For the Banks - Regional subindustry, MidWestOne Financial Group'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.


MidWestOne Financial Group's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where MidWestOne Financial Group's Shiller PE Ratio falls into.



MidWestOne Financial Group 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, MidWestOne Financial Group'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)
=0.21/131.7762*131.7762
=0.210

Current CPI (Mar. 2024) = 131.7762.

MidWestOne Financial Group Quarterly Data

per share eps CPI Adj_EPS
201406 0.560 100.560 0.734
201409 0.590 100.428 0.774
201412 0.460 99.070 0.612
201503 0.570 99.621 0.754
201506 0.420 100.684 0.550
201509 0.670 100.392 0.879
201512 0.720 99.792 0.951
201603 0.480 100.470 0.630
201606 0.420 101.688 0.544
201609 0.540 101.861 0.699
201612 0.340 101.863 0.440
201703 0.580 102.862 0.743
201706 0.590 103.349 0.752
201709 0.520 104.136 0.658
201712 -0.130 104.011 -0.165
201803 0.640 105.290 0.801
201806 0.670 106.317 0.830
201809 0.550 106.507 0.680
201812 0.620 105.998 0.771
201903 0.600 107.251 0.737
201906 0.720 108.070 0.878
201909 0.760 108.329 0.924
201912 0.830 108.420 1.009
202003 -0.120 108.902 -0.145
202006 0.730 108.767 0.884
202009 -1.230 109.815 -1.476
202012 1.040 109.897 1.247
202103 1.350 111.754 1.592
202106 1.080 114.631 1.242
202109 1.030 115.734 1.173
202112 0.910 117.630 1.019
202203 0.880 121.301 0.956
202206 0.800 125.017 0.843
202209 1.170 125.227 1.231
202212 1.020 125.222 1.073
202303 0.090 127.348 0.093
202306 0.480 128.729 0.491
202309 0.580 129.860 0.589
202312 0.170 129.419 0.173
202403 0.210 131.776 0.210

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


MidWestOne Financial Group  (NAS:MOFG) 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.

MidWestOne Financial Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=21.57/2.74
=7.87

* 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 MidWestOne Financial Group was 30.14. The lowest was 6.56. And the median was 19.79.


Be Aware

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


MidWestOne Financial Group E10 Related Terms

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


MidWestOne Financial Group (MidWestOne Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
102 South Clinton Street, Iowa City, IA, USA, 52240
MidWestOne Financial Group Inc is a bank holding company engaged in delivering relationship-based business and personal banking products and services. The Bank provides commercial loans, real estate loans, agricultural loans, credit card loans, and consumer loans. It also provides deposit products including demand and interest checking accounts, savings accounts, money market accounts, and time deposits. The Bank also provides products and services including treasury management, Zelle, online and mobile banking, debit cards, ATMs, and safe deposit boxes. The Bank offers its products and services through its network of full-service banking offices. the Bank's investments services department offers financial planning, investment advisory, and retail securities brokerage services.
Executives
Janet E Godwin director 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Nathaniel J Kaeding director 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Ruth E Stanoch director 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Charles N Reeves director, officer: Chief Executive Officer 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Larry D Albert director, officer: Executive Vice President 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Matthew J Hayek director 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Tracy S Mccormick director 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Jennifer Leigh Hauschildt director 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Kevin W Monson director 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Len D Devaisher officer: President and COO 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
David E Lindstrom officer: EVP, Consumer Banking 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
John J Ruppel officer: Chief Accounting Officer 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Charles N Funk director, officer: President and CEO 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Kurt R Weise director, officer: Executive Vice President 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Douglas K True director 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700