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UBS Group AG (UBS Group AG) E10 : $2.40 (As of Dec. 2023)


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What is UBS Group AG 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.

UBS Group AG's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.40 for the trailing ten years ended in Dec. 2023.

During the past 12 months, UBS Group AG's average E10 Growth Rate was 57.40% per year. During the past 3 years, the average E10 Growth Rate was 31.60% per year. During the past 5 years, the average E10 Growth Rate was 19.70% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of UBS Group AG was 31.60% per year. The lowest was -29.90% per year. And the median was -2.95% per year.

As of today (2024-04-27), UBS Group AG's current stock price is $27.38. UBS Group AG's E10 for the quarter that ended in Dec. 2023 was $2.40. UBS Group AG's Shiller PE Ratio of today is 11.41.

During the past 13 years, the highest Shiller PE Ratio of UBS Group AG was 100.45. The lowest was 8.37. And the median was 16.58.


UBS Group AG E10 Historical Data

The historical data trend for UBS Group AG'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.

UBS Group AG E10 Chart

UBS Group AG 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 0.95 1.01 1.07 1.40 2.40

UBS Group AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 1.40 1.45 2.36 2.25 2.40

Competitive Comparison of UBS Group AG's E10

For the Banks - Diversified subindustry, UBS Group AG'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.


UBS Group AG's Shiller PE Ratio Distribution in the Banks Industry

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

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



UBS Group AG 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, UBS Group AG's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.09/106.4611*106.4611
=-0.090

Current CPI (Dec. 2023) = 106.4611.

UBS Group AG Quarterly Data

per share eps CPI Adj_EPS
201403 0.304 101.224 0.320
201406 0.236 101.517 0.247
201409 0.210 101.247 0.221
201412 0.233 100.704 0.246
201503 0.548 100.339 0.581
201506 0.345 100.464 0.366
201509 0.556 99.785 0.593
201512 0.253 99.386 0.271
201603 0.187 99.475 0.200
201606 0.276 100.088 0.294
201609 0.228 99.604 0.244
201612 0.167 99.380 0.179
201703 0.330 100.040 0.351
201706 0.324 100.285 0.344
201709 0.257 100.254 0.273
201712 -0.647 100.213 -0.687
201803 0.410 100.836 0.433
201806 0.360 101.435 0.378
201809 0.330 101.246 0.347
201812 0.180 100.906 0.190
201903 0.300 101.571 0.314
201906 0.370 102.044 0.386
201909 0.280 101.396 0.294
201912 0.190 101.063 0.200
202003 0.430 101.048 0.453
202006 0.330 100.743 0.349
202009 0.560 100.585 0.593
202012 0.440 100.241 0.467
202103 0.490 100.800 0.518
202106 0.550 101.352 0.578
202109 0.630 101.533 0.661
202112 0.380 101.776 0.397
202203 0.610 103.205 0.629
202206 0.610 104.783 0.620
202209 0.520 104.835 0.528
202212 0.500 104.666 0.509
202303 0.320 106.245 0.321
202306 8.990 106.576 8.980
202309 -0.240 106.570 -0.240
202312 -0.090 106.461 -0.090

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


UBS Group AG  (NYSE:UBS) 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.

UBS Group AG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=27.38/2.4
=11.41

* 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 UBS Group AG was 100.45. The lowest was 8.37. And the median was 16.58.


Be Aware

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


UBS Group AG E10 Related Terms

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


UBS Group AG (UBS Group AG) Business Description

Address
Bahnhofstrasse 45, Zurich, CHE, CH-8001
The core of UBS is its global wealth management business focusing on high and ultra-high-net-worth individuals. UBS is also a conventional retail and commercial bank in its Swiss home market. Its investment bank and asset management businesses support its wealth management operations, but also leverage its strength in wealth management to serve third-party clients.