GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco de Occidente SA (BOG:OCCIDENTE) » Definitions » E10

Banco de Occidente (BOG:OCCIDENTE) E10 : COP3,316.73 (As of Mar. 2024)


View and export this data going back to 1981. Start your Free Trial

What is Banco de Occidente 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 de Occidente's adjusted earnings per share data for the three months ended in Mar. 2024 was COP529.084. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is COP3,316.73 for the trailing ten years ended in Mar. 2024.

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 (2024-06-09), Banco de Occidente's current stock price is COP11840.00. Banco de Occidente's E10 for the quarter that ended in Mar. 2024 was COP3,316.73. Banco de Occidente's Shiller PE Ratio of today is 3.57.

During the past 13 years, the highest Shiller PE Ratio of Banco de Occidente was 4.24. The lowest was 3.57. And the median was 3.76.


Banco de Occidente E10 Historical Data

The historical data trend for Banco de Occidente'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 de Occidente E10 Chart

Banco de Occidente 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 - - - - 3,291.09

Banco de Occidente 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 - - - 3,291.09 3,316.73

Competitive Comparison of Banco de Occidente's E10

For the Banks - Regional subindustry, Banco de Occidente'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 de Occidente's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Banco de Occidente's Shiller PE Ratio falls into.



Banco de Occidente 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 de Occidente'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)
=529.084/131.7762*131.7762
=529.084

Current CPI (Mar. 2024) = 131.7762.

Banco de Occidente Quarterly Data

per share eps CPI Adj_EPS
201212 0.000 96.871 0.000
201306 0.000 98.518 0.000
201312 8.168 98.326 10.947
201406 0.000 100.560 0.000
201412 3.023 99.070 4.021
201506 0.000 100.684 0.000
201512 6.466 99.792 8.538
201603 1,300.590 100.470 1,705.844
201606 1,114.990 101.688 1,444.900
201609 919.341 101.861 1,189.339
201612 939.097 101.863 1,214.877
201703 493.394 102.862 632.084
201706 486.807 103.349 620.708
201709 748.346 104.136 946.979
201712 622.721 104.011 788.952
201803 534.356 105.290 668.779
201806 1,169.040 106.317 1,448.987
201809 683.080 106.507 845.146
201812 265.164 105.998 329.651
201903 976.647 107.251 1,199.984
201906 987.122 108.070 1,203.662
201909 1,072.040 108.329 1,304.072
201912 577.769 108.420 702.233
202003 689.071 108.902 833.810
202006 51.732 108.767 62.676
202009 1,025.430 109.815 1,230.500
202012 381.874 109.897 457.901
202103 789.995 111.754 931.530
202106 960.900 114.631 1,104.617
202109 1,198.710 115.734 1,364.863
202112 772.150 117.630 865.013
202203 872.644 121.301 948.003
202206 623.138 125.017 656.830
202209 568.994 125.227 598.754
202212 837.782 125.222 881.633
202303 1,192.800 127.348 1,234.278
202306 816.846 128.729 836.184
202309 414.478 129.860 420.596
202312 613.388 129.419 624.558
202403 529.084 131.776 529.084

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


Banco de Occidente  (BOG:OCCIDENTE) 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 de Occidente's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11840.00/3316.73
=3.57

* 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 de Occidente was 4.24. The lowest was 3.57. And the median was 3.76.


Be Aware

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


Banco de Occidente E10 Related Terms

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


Banco de Occidente (BOG:OCCIDENTE) Business Description

Traded in Other Exchanges
N/A
Address
No 7-61 Carrera 4, Piso 15, Cali, COL
Banco de Occidente SA is a Colombia based banking firm. The company offers personal banking services, including current and savings accounts; debit and credit cards; revolving credit, and credit warrant, as well as business banking products and services.

Banco de Occidente (BOG:OCCIDENTE) Headlines

No Headlines