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Banco Da Amazonia (BSP:BAZA3) E10 : R$13.97 (As of Dec. 2023)


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What is Banco Da Amazonia 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 Da Amazonia's adjusted earnings per share data for the three months ended in Dec. 2023 was R$7.951. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$13.97 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Banco Da Amazonia's average E10 Growth Rate was 15.70% per year. During the past 3 years, the average E10 Growth Rate was 26.40% per year. During the past 5 years, the average E10 Growth Rate was 21.70% 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 Banco Da Amazonia was 26.40% per year. The lowest was 3.80% per year. And the median was 22.10% per year.

As of today (2024-05-24), Banco Da Amazonia's current stock price is R$96.50. Banco Da Amazonia's E10 for the quarter that ended in Dec. 2023 was R$13.97. Banco Da Amazonia's Shiller PE Ratio of today is 6.91.

During the past 13 years, the highest Shiller PE Ratio of Banco Da Amazonia was 7.49. The lowest was 3.36. And the median was 4.79.


Banco Da Amazonia E10 Historical Data

The historical data trend for Banco Da Amazonia'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 Da Amazonia E10 Chart

Banco Da Amazonia 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 6.54 6.91 9.82 12.07 13.97

Banco Da Amazonia 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 12.07 13.24 13.16 13.77 13.97

Competitive Comparison of Banco Da Amazonia's E10

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

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

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



Banco Da Amazonia 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 Da Amazonia'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)
=7.951/157.1481*157.1481
=7.951

Current CPI (Dec. 2023) = 157.1481.

Banco Da Amazonia Quarterly Data

per share eps CPI Adj_EPS
201403 0.311 90.447 0.540
201406 1.699 91.838 2.907
201409 0.403 92.602 0.684
201412 4.522 94.194 7.544
201503 2.085 97.799 3.350
201506 1.483 100.006 2.330
201509 0.025 101.392 0.039
201512 2.247 104.247 3.387
201603 0.003 106.979 0.004
201606 3.100 108.851 4.475
201609 -2.123 109.986 -3.033
201612 3.651 110.802 5.178
201703 -1.858 111.869 -2.610
201706 2.274 112.115 3.187
201709 -0.205 112.777 -0.286
201712 1.945 114.068 2.680
201803 -1.905 114.868 -2.606
201806 1.029 117.038 1.382
201809 0.425 117.881 0.567
201812 4.099 118.340 5.443
201903 -0.292 120.124 -0.382
201906 2.271 120.977 2.950
201909 0.601 121.292 0.779
201912 7.167 123.436 9.124
202003 1.107 124.092 1.402
202006 2.536 123.557 3.225
202009 0.509 125.095 0.639
202012 4.727 129.012 5.758
202103 3.527 131.660 4.210
202106 6.592 133.871 7.738
202109 4.108 137.913 4.681
202112 10.479 141.992 11.597
202203 7.315 146.537 7.845
202206 7.433 149.784 7.798
202209 6.918 147.800 7.356
202212 5.268 150.207 5.511
202303 5.114 153.352 5.241
202306 4.981 154.519 5.066
202309 5.949 155.464 6.013
202312 7.951 157.148 7.951

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


Banco Da Amazonia  (BSP:BAZA3) 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 Da Amazonia's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=96.50/13.97
=6.91

* 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 Da Amazonia was 7.49. The lowest was 3.36. And the median was 4.79.


Be Aware

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


Banco Da Amazonia E10 Related Terms

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


Banco Da Amazonia (BSP:BAZA3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Presidente Vargas 800 - 9th Floor, Belem, PR, BRA, 66017000
Banco Da Amazonia SA is the federal financial support institution that promotes the development of the Amazon Region. It finances major infrastructure projects, lends to rural and urban businesses, and offers credit cards and mutual fund investments.

Banco Da Amazonia (BSP:BAZA3) Headlines

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