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Banvida (XSGO:BANVIDA) E10 : CLP61.14 (As of Dec. 2023)


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What is Banvida 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.

Banvida's adjusted earnings per share data for the three months ended in Dec. 2023 was CLP16.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is CLP61.14 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Banvida's average E10 Growth Rate was 13.10% 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 (2024-05-17), Banvida's current stock price is CLP415.00. Banvida's E10 for the quarter that ended in Dec. 2023 was CLP61.14. Banvida's Shiller PE Ratio of today is 6.79.

During the past 13 years, the highest Shiller PE Ratio of Banvida was 7.61. The lowest was 5.49. And the median was 6.14.


Banvida E10 Historical Data

The historical data trend for Banvida'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.

Banvida E10 Chart

Banvida 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 - - 43.90 54.06 61.14

Banvida 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 54.06 54.34 57.34 60.37 61.14

Competitive Comparison of Banvida's E10

For the Insurance Brokers subindustry, Banvida'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.


Banvida's Shiller PE Ratio Distribution in the Insurance Industry

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

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



Banvida 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, Banvida'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)
=16.06/146.1089*146.1089
=16.060

Current CPI (Dec. 2023) = 146.1089.

Banvida Quarterly Data

per share eps CPI Adj_EPS
201403 4.505 94.584 6.959
201406 14.836 95.543 22.688
201409 8.532 96.883 12.867
201412 4.479 97.515 6.711
201503 4.853 98.539 7.196
201506 8.025 99.770 11.752
201509 5.768 101.383 8.313
201512 5.946 101.775 8.536
201603 12.500 102.930 17.744
201606 12.331 103.965 17.330
201609 8.890 104.521 12.427
201612 12.569 104.532 17.568
201703 21.499 105.752 29.703
201706 8.234 105.730 11.379
201709 16.189 106.035 22.307
201712 12.321 106.907 16.839
201803 7.547 107.670 10.241
201806 5.061 108.421 6.820
201809 5.250 109.369 7.014
201812 3.212 109.653 4.280
201903 9.646 110.339 12.773
201906 2.227 111.352 2.922
201909 5.012 111.821 6.549
201912 10.605 112.943 13.719
202003 3.500 114.468 4.467
202006 14.790 114.283 18.909
202009 16.030 115.275 20.318
202012 20.450 116.299 25.692
202103 33.400 117.770 41.437
202106 15.620 118.630 19.238
202109 24.250 121.431 29.178
202112 11.080 124.634 12.989
202203 24.360 128.850 27.623
202206 30.900 133.448 33.832
202209 5.010 138.101 5.301
202212 8.540 140.574 8.876
202303 7.530 143.145 7.686
202306 21.210 143.538 21.590
202309 23.420 145.172 23.571
202312 16.060 146.109 16.060

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


Banvida  (XSGO:BANVIDA) 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.

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

Shiller PE Ratio=Share Price/E10
=415.00/61.14
=6.79

* 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 Banvida was 7.61. The lowest was 5.49. And the median was 6.14.


Be Aware

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


Banvida E10 Related Terms

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


Banvida (XSGO:BANVIDA) Business Description

Traded in Other Exchanges
N/A
Address
Bucharest No. 150, 6th floor, office 601, Providencia, Santiago, CHL
Banvida SA is a Chile-based company whose main asset is the investment held in Consorcio Financiero S.A. which is a conglomerate of financial services oriented to the needs of natural persons, especially in the areas of life insurance, general insurance, mortgage and consumer loans and investments.

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