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Oberbank AG (WBO:OBS) E10 : €3.87 (As of Mar. 2024)


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What is Oberbank 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.

Oberbank AG's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.360. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.87 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Oberbank AG's average E10 Growth Rate was 9.90% per year. During the past 3 years, the average E10 Growth Rate was 11.70% per year. During the past 5 years, the average E10 Growth Rate was 8.20% 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 Oberbank AG was 11.70% per year. The lowest was -8.80% per year. And the median was 6.35% per year.

As of today (2024-06-07), Oberbank AG's current stock price is €69.40. Oberbank AG's E10 for the quarter that ended in Mar. 2024 was €3.87. Oberbank AG's Shiller PE Ratio of today is 17.93.

During the past 13 years, the highest Shiller PE Ratio of Oberbank AG was 18.78. The lowest was 11.48. And the median was 16.24.


Oberbank AG E10 Historical Data

The historical data trend for Oberbank 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.

Oberbank AG E10 Chart

Oberbank 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 2.70 2.71 2.94 3.34 3.78

Oberbank AG 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 3.52 3.63 3.73 3.78 3.87

Competitive Comparison of Oberbank AG's E10

For the Banks - Regional subindustry, Oberbank 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.


Oberbank AG's Shiller PE Ratio Distribution in the Banks Industry

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

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



Oberbank 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, Oberbank AG'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)
=1.36/133.7589*133.7589
=1.360

Current CPI (Mar. 2024) = 133.7589.

Oberbank AG Quarterly Data

per share eps CPI Adj_EPS
201406 0.687 99.496 0.924
201409 0.611 99.586 0.821
201412 0.498 99.676 0.668
201503 0.696 99.992 0.931
201506 0.780 100.492 1.038
201509 0.763 100.292 1.018
201512 0.621 100.692 0.825
201603 0.656 100.692 0.871
201606 0.733 101.092 0.970
201609 0.677 101.192 0.895
201612 0.780 102.092 1.022
201703 0.695 102.592 0.906
201706 0.773 102.991 1.004
201709 0.780 103.591 1.007
201712 0.644 104.291 0.826
201803 0.760 104.491 0.973
201806 0.890 105.091 1.133
201809 0.989 105.691 1.252
201812 0.630 106.291 0.793
201903 0.685 106.391 0.861
201906 1.033 106.791 1.294
201909 1.132 106.991 1.415
201912 0.291 108.091 0.360
202003 -1.052 108.024 -1.303
202006 1.346 107.915 1.668
202009 0.855 108.348 1.056
202012 0.679 109.321 0.831
202103 0.705 110.186 0.856
202106 0.906 110.943 1.092
202109 1.080 111.916 1.291
202112 0.630 113.971 0.739
202203 0.710 117.647 0.807
202206 0.509 120.567 0.565
202209 -0.179 123.811 -0.193
202212 2.393 125.541 2.550
202303 1.830 128.460 1.905
202306 1.424 130.191 1.463
202309 1.406 131.272 1.433
202312 0.754 132.570 0.761
202403 1.360 133.759 1.360

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


Oberbank AG  (WBO:OBS) 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.

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

Shiller PE Ratio=Share Price/E10
=69.40/3.87
=17.93

* 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 Oberbank AG was 18.78. The lowest was 11.48. And the median was 16.24.


Be Aware

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


Oberbank AG E10 Related Terms

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


Oberbank AG (WBO:OBS) Business Description

Traded in Other Exchanges
Address
Untere Donaulande 28, Linz, AUT, 4020
Oberbank AG provides various banking products and services. The company's operating segments include Corporate and Business Banking, Personal Banking, Financial Markets, and Others. The firm offers services such as corporate and business loans, investment finance, structured finance, export finance, syndicated loans and international lending, and payment services. It also offers deposit banking, personal accounts and personal loans, asset management, brokerage, private banking, building and loan association saving, insurance services, as well as card products. The majority of its revenue is derived from Corporate and Business Banking.
Executives
Dr. Franz Gasselsberger Supervisory Board

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