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Virginia National Bankshares (Virginia National Bankshares) E10 : $3.00 (As of Mar. 2024)


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What is Virginia National Bankshares 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.

Virginia National Bankshares's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Virginia National Bankshares's average E10 Growth Rate was 3.80% per year. During the past 3 years, the average E10 Growth Rate was 10.30% per year. During the past 5 years, the average E10 Growth Rate was 10.70% 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 Virginia National Bankshares was 15.70% per year. The lowest was 10.30% per year. And the median was 11.70% per year.

As of today (2024-05-26), Virginia National Bankshares's current stock price is $30.53. Virginia National Bankshares's E10 for the quarter that ended in Mar. 2024 was $3.00. Virginia National Bankshares's Shiller PE Ratio of today is 10.18.

During the past 13 years, the highest Shiller PE Ratio of Virginia National Bankshares was 31.16. The lowest was 8.08. And the median was 15.47.


Virginia National Bankshares E10 Historical Data

The historical data trend for Virginia National Bankshares'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.

Virginia National Bankshares E10 Chart

Virginia National Bankshares 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 1.98 2.16 2.40 2.76 2.90

Virginia National Bankshares 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 2.89 2.99 3.06 2.90 3.00

Competitive Comparison of Virginia National Bankshares's E10

For the Banks - Regional subindustry, Virginia National Bankshares'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.


Virginia National Bankshares's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Virginia National Bankshares's Shiller PE Ratio falls into.



Virginia National Bankshares 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, Virginia National Bankshares'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)
=0.68/131.7762*131.7762
=0.680

Current CPI (Mar. 2024) = 131.7762.

Virginia National Bankshares Quarterly Data

per share eps CPI Adj_EPS
201406 0.145 100.560 0.190
201409 0.127 100.428 0.167
201412 0.190 99.070 0.253
201503 0.136 99.621 0.180
201506 0.272 100.684 0.356
201509 0.308 100.392 0.404
201512 0.444 99.792 0.586
201603 0.517 100.470 0.678
201606 0.571 101.688 0.740
201609 0.535 101.861 0.692
201612 0.562 101.863 0.727
201703 0.626 102.862 0.802
201706 0.724 103.349 0.923
201709 0.648 104.136 0.820
201712 0.426 104.011 0.540
201803 1.038 105.290 1.299
201806 0.680 106.317 0.843
201809 0.800 106.507 0.990
201812 0.629 105.998 0.782
201903 0.460 107.251 0.565
201906 0.790 108.070 0.963
201909 0.710 108.329 0.864
201912 0.530 108.420 0.644
202003 0.520 108.902 0.629
202006 0.770 108.767 0.933
202009 0.690 109.815 0.828
202012 0.960 109.897 1.151
202103 0.552 111.754 0.651
202106 0.028 114.631 0.032
202109 0.591 115.734 0.673
202112 0.983 117.630 1.101
202203 0.920 121.301 0.999
202206 1.060 125.017 1.117
202209 1.080 125.227 1.136
202212 1.320 125.222 1.389
202303 1.080 127.348 1.118
202306 1.050 128.729 1.075
202309 0.860 129.860 0.873
202312 0.590 129.419 0.601
202403 0.680 131.776 0.680

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


Virginia National Bankshares  (NAS:VABK) 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.

Virginia National Bankshares's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=30.53/3
=10.18

* 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 Virginia National Bankshares was 31.16. The lowest was 8.08. And the median was 15.47.


Be Aware

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


Virginia National Bankshares E10 Related Terms

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


Virginia National Bankshares (Virginia National Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
404 People Place, Charlottesville, VA, USA, 22911
Virginia National Bankshares Corp is a bank holding company which is engaged in the commercial and retail banking business. The bank offers a range of banking and related financial services, including checking accounts, negotiable order of withdrawal accounts, money market deposit accounts, certificates of deposit, individual retirement accounts and other depository services. Its segments include the Bank, VNB Trust and Estate Services, Sturman Wealth Advisors, and Masonry Capital. The Bank's commercial banking activities involve making loans, taking deposits and offering related services to individuals, businesses and charitable organizations.
Executives
Adams John Buchanan Jr director 10 COURTHOUSE SQUARE, WARRENTON VA 20188
Kevin T Carter director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Glenn W Rust director, officer: President and CEO C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Jay B Keyser director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Randolph D Frostick director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Dittmar William D Jr. director C/O ENTERPRISE PROPERTIES, 401 EAST MARKET STREET, CHARLOTTESVILLE VA 22902
Virginia R Bayes officer: Chief Credit Officer & EVP C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Linda M Houston director C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
James T Holland director C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Donna G Shewmake officer: GC, EVP & Secretary C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Gregory L Wells director C/O ACAC FITNESS & WELLNESS CENTERS, 455 SECOND STREET, SUITE 301, CHARLOTTESVILLE VA 22902
Strange Sterling T Iii director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Marc J Bogan director, officer: President and CEO 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Tara Y Harrison officer: Chief Financial Officer & EVP 404 PEOPLE PLACE, CHARLOTTSVILLE VA 22911
Susan K Payne director C/O PAYNE ROSS & ASSOCIATES, 206 EAST JEFFERSON STREET, CHARLOTTESVILLE VA 22902

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