GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco do Brasil SA BB Brasil (STU:BZLA) » Definitions » E10

Banco do Brasil BB Brasil (STU:BZLA) E10 : €0.68 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Banco do Brasil BB Brasil 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.

Banco do Brasil BB Brasil's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.142. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Banco do Brasil BB Brasil's average E10 Growth Rate was 5.00% per year. During the past 3 years, the average E10 Growth Rate was 8.70% per year. During the past 5 years, the average E10 Growth Rate was 5.50% 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 Banco do Brasil BB Brasil was 8.70% per year. The lowest was -17.90% per year. And the median was 4.60% per year.

As of today (2024-06-04), Banco do Brasil BB Brasil's current stock price is €4.56. Banco do Brasil BB Brasil's E10 for the quarter that ended in Mar. 2024 was €0.68. Banco do Brasil BB Brasil's Shiller PE Ratio of today is 6.71.

During the past 13 years, the highest Shiller PE Ratio of Banco do Brasil BB Brasil was 9.32. The lowest was 2.49. And the median was 5.79.


Banco do Brasil BB Brasil E10 Historical Data

The historical data trend for Banco do Brasil BB Brasil'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.

Banco do Brasil BB Brasil E10 Chart

Banco do Brasil BB Brasil 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 0.63 0.44 0.50 0.62 0.67

Banco do Brasil BB Brasil 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 0.65 0.67 0.67 0.67 0.68

Competitive Comparison of Banco do Brasil BB Brasil's E10

For the Banks - Regional subindustry, Banco do Brasil BB Brasil'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.


Banco do Brasil BB Brasil's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco do Brasil BB Brasil's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Banco do Brasil BB Brasil's Shiller PE Ratio falls into.



Banco do Brasil BB Brasil 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, Banco do Brasil BB Brasil'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)
=0.142/159.3724*159.3724
=0.142

Current CPI (Mar. 2024) = 159.3724.

Banco do Brasil BB Brasil Quarterly Data

per share eps CPI Adj_EPS
201406 0.165 91.838 0.286
201409 0.161 92.602 0.277
201412 0.161 94.194 0.272
201503 0.299 97.799 0.487
201506 0.150 100.006 0.239
201509 0.123 101.392 0.193
201512 0.105 104.247 0.161
201603 0.101 106.979 0.150
201606 0.114 108.851 0.167
201609 0.110 109.986 0.159
201612 0.048 110.802 0.069
201703 0.129 111.869 0.184
201706 0.127 112.115 0.181
201709 0.135 112.777 0.191
201712 0.141 114.068 0.197
201803 0.121 114.868 0.168
201806 0.127 117.038 0.173
201809 0.116 117.881 0.157
201812 0.151 118.340 0.203
201903 0.162 120.124 0.215
201906 0.172 120.977 0.227
201909 0.164 121.292 0.215
201912 0.216 123.436 0.279
202003 0.104 124.092 0.134
202006 0.097 123.557 0.125
202009 0.083 125.095 0.106
202012 0.084 129.012 0.104
202103 0.109 131.660 0.132
202106 0.162 133.871 0.193
202109 0.130 137.913 0.150
202112 0.143 141.992 0.161
202203 0.211 146.537 0.229
202206 0.255 149.784 0.271
202209 0.255 147.800 0.275
202212 0.331 150.207 0.351
202303 0.127 153.352 0.132
202306 0.281 154.519 0.290
202309 0.268 155.464 0.275
202312 0.345 157.148 0.350
202403 0.142 159.372 0.142

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


Banco do Brasil BB Brasil  (STU:BZLA) 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.

Banco do Brasil BB Brasil's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.56/0.68
=6.71

* 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 Banco do Brasil BB Brasil was 9.32. The lowest was 2.49. And the median was 5.79.


Be Aware

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


Banco do Brasil BB Brasil E10 Related Terms

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


Banco do Brasil BB Brasil (STU:BZLA) Business Description

Traded in Other Exchanges
Address
Setor de Autarquias Norte, Quadra 5, Lote B, Edificio Banco do Brasil, Brasilia, DF, BRA, 70040-912
Banco do Brasil SA BB Brasil is a Brazilian financial services company present in several countries. The business segments are Banking, Investments, Fund Management, Insurance, pension fund & capitalization, Payment methods, and Other segments. Banco do Brasil serves retail clients (small and midsize enterprises and individuals), wholesale clients (corporations), and public institutions. The bank has subsidiaries/ business units/offices in Argentina, Dubai, the United Kingdom, Spain, Mexico, the United States, France, China, and Japan, among other locations. The products and services portfolio includes accounts, Loans, cards, financing, and others.

Banco do Brasil BB Brasil (STU:BZLA) Headlines

No Headlines