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Philippine Business Bank (PHS:PBB) E10 : ₱1.72 (As of Mar. 2024)


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What is Philippine Business Bank 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.

Philippine Business Bank's adjusted earnings per share data for the three months ended in Mar. 2024 was ₱0.620. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₱1.72 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Philippine Business Bank's average E10 Growth Rate was 14.70% 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 (2024-06-10), Philippine Business Bank's current stock price is ₱8.30. Philippine Business Bank's E10 for the quarter that ended in Mar. 2024 was ₱1.72. Philippine Business Bank's Shiller PE Ratio of today is 4.83.

During the past 13 years, the highest Shiller PE Ratio of Philippine Business Bank was 31.88. The lowest was 2.26. And the median was 5.12.


Philippine Business Bank E10 Historical Data

The historical data trend for Philippine Business Bank'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.

Philippine Business Bank E10 Chart

Philippine Business Bank 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 - - 3.21 1.53 1.65

Philippine Business Bank 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 1.50 1.53 1.53 1.65 1.72

Competitive Comparison of Philippine Business Bank's E10

For the Banks - Regional subindustry, Philippine Business Bank'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.


Philippine Business Bank's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Philippine Business Bank's Shiller PE Ratio falls into.



Philippine Business Bank 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, Philippine Business Bank'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)
=0.62/131.7762*131.7762
=0.620

Current CPI (Mar. 2024) = 131.7762.

Philippine Business Bank Quarterly Data

per share eps CPI Adj_EPS
201406 0.226 100.560 0.296
201409 0.346 100.428 0.454
201412 -0.011 99.070 -0.015
201503 0.217 99.621 0.287
201506 0.248 100.684 0.325
201509 0.333 100.392 0.437
201512 0.047 99.792 0.062
201603 0.252 100.470 0.331
201606 0.276 101.688 0.358
201609 0.513 101.861 0.664
201612 -0.120 101.863 -0.155
201703 0.250 102.862 0.320
201706 0.281 103.349 0.358
201709 0.160 104.136 0.202
201712 0.310 104.011 0.393
201803 0.280 105.290 0.350
201806 0.259 106.317 0.321
201809 0.407 106.507 0.504
201812 0.380 105.998 0.472
201903 0.390 107.251 0.479
201906 0.509 108.070 0.621
201909 0.692 108.329 0.842
201912 0.050 108.420 0.061
202003 0.610 108.902 0.738
202006 0.622 108.767 0.754
202009 0.779 109.815 0.935
202012 -0.550 109.897 -0.659
202103 0.200 111.754 0.236
202106 0.565 114.631 0.650
202109 0.435 115.734 0.495
202112 0.560 117.630 0.627
202203 0.380 121.301 0.413
202206 0.482 125.017 0.508
202209 0.476 125.227 0.501
202212 0.598 125.222 0.629
202303 0.660 127.348 0.683
202306 0.465 128.729 0.476
202309 0.338 129.860 0.343
202312 1.230 129.419 1.252
202403 0.620 131.776 0.620

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


Philippine Business Bank  (PHS:PBB) 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.

Philippine Business Bank's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.30/1.72
=4.83

* 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 Philippine Business Bank was 31.88. The lowest was 2.26. And the median was 5.12.


Be Aware

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


Philippine Business Bank E10 Related Terms

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


Philippine Business Bank (PHS:PBB) Business Description

Traded in Other Exchanges
N/A
Address
350 Rizal Avenue Extension Corner, 8th Avenue, Grace Park, Caloocan City, PHL, 1400
Philippine Business Bank engages in the business of thrift banking. It provides banking and financial services. The company's operating segments are Consumer Banking which includes auto financing, home financing, and salary or personal loans; Corporate Banking which includes term loans, working capital credit lines, bills purchase, and discounting lines; Treasury Operations engages in managing the liquidity of the Bank and its trading and investment activities; and Retail Banking includes the branch banking operations.. The majority of its revenue comes from the Corporate Banking segment.

Philippine Business Bank (PHS:PBB) Headlines

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