GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Grupo Financiero Galicia SA (NAS:GGAL) » Definitions » E10

Grupo Financiero Galicia (Grupo Financiero Galicia) E10 : $0.37 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Grupo Financiero Galicia 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.

Grupo Financiero Galicia's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.633. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.37 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Grupo Financiero Galicia's average E10 Growth Rate was 74.60% per year. During the past 3 years, the average E10 Growth Rate was 70.70% per year. During the past 5 years, the average E10 Growth Rate was 60.80% per year. During the past 10 years, the average E10 Growth Rate was 52.90% 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 Grupo Financiero Galicia was 70.70% per year. The lowest was 44.80% per year. And the median was 49.50% per year.

As of today (2024-05-26), Grupo Financiero Galicia's current stock price is $32.47. Grupo Financiero Galicia's E10 for the quarter that ended in Dec. 2023 was $0.37. Grupo Financiero Galicia's Shiller PE Ratio of today is 87.76.

During the past 13 years, the highest Shiller PE Ratio of Grupo Financiero Galicia was 112.27. The lowest was 11.27. And the median was 29.64.


Grupo Financiero Galicia E10 Historical Data

The historical data trend for Grupo Financiero Galicia'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.

Grupo Financiero Galicia E10 Chart

Grupo Financiero Galicia 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 0.66 0.50 0.47 0.60 0.37

Grupo Financiero Galicia 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 0.60 0.55 0.51 0.37 0.37

Competitive Comparison of Grupo Financiero Galicia's E10

For the Banks - Regional subindustry, Grupo Financiero Galicia'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.


Grupo Financiero Galicia's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Grupo Financiero Galicia's Shiller PE Ratio falls into.



Grupo Financiero Galicia 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, Grupo Financiero Galicia'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)
=1.633/129.4194*129.4194
=1.633

Current CPI (Dec. 2023) = 129.4194.

Grupo Financiero Galicia Quarterly Data

per share eps CPI Adj_EPS
201403 0.806 99.695 1.046
201406 0.652 100.560 0.839
201409 0.855 100.428 1.102
201412 0.794 99.070 1.037
201503 0.836 99.621 1.086
201506 0.803 100.684 1.032
201509 0.968 100.392 1.248
201512 0.742 99.792 0.962
201603 0.712 100.470 0.917
201606 0.758 101.688 0.965
201609 0.784 101.861 0.996
201612 0.860 101.863 1.093
201703 0.713 102.862 0.897
201706 1.039 103.349 1.301
201709 0.860 104.136 1.069
201712 0.985 104.011 1.226
201803 1.047 105.290 1.287
201806 0.782 106.317 0.952
201809 0.802 106.507 0.975
201812 0.822 105.998 1.004
201903 1.914 107.251 2.310
201906 1.556 108.070 1.863
201909 0.343 108.329 0.410
201912 0.136 108.420 0.162
202003 1.275 108.902 1.515
202006 0.897 108.767 1.067
202009 0.709 109.815 0.836
202012 0.302 109.897 0.356
202103 0.179 111.754 0.207
202106 0.695 114.631 0.785
202109 0.653 115.734 0.730
202112 0.604 117.630 0.665
202203 0.670 121.301 0.715
202206 0.622 125.017 0.644
202209 1.302 125.227 1.346
202212 4.163 125.222 4.303
202303 0.622 127.348 0.632
202306 1.638 128.729 1.647
202309 1.051 129.860 1.047
202312 1.633 129.419 1.633

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


Grupo Financiero Galicia  (NAS:GGAL) 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.

Grupo Financiero Galicia's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=32.47/0.37
=87.76

* 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 Grupo Financiero Galicia was 112.27. The lowest was 11.27. And the median was 29.64.


Be Aware

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


Grupo Financiero Galicia E10 Related Terms

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


Grupo Financiero Galicia (Grupo Financiero Galicia) Business Description

Traded in Other Exchanges
Address
Tte. Gral. Juan D. Peron 430, 25th Floor, Buenos Aires, ARG, C1038 AAJ
Grupo Financiero Galicia SA is a financial service holding company. It provides general banking services, proprietary brand credit card services, personal loans, insurance, and other services. The company's operating business segments are Banks, Ecosistema Naranja X, Insurance, Adjustments, and Other Businesses. It generates maximum revenue from Banks. Geographically its operate in Argentina, Uruguay, and the majority of its revenue comes from Argentina.

Grupo Financiero Galicia (Grupo Financiero Galicia) Headlines

From GuruFocus

Should You Reduce Your Holdings of These 2 Companies?

By Alberto Abaterusso Alberto Abaterusso 11-21-2019

Predictable and Undervalued Companies - Part II

By Tiziano Frateschi Tiziano Frateschi 05-20-2015

13 Questions With Argentine Value Investor Santiago Lucca

By PJ Pahygiannis PJ Pahygiannis 12-05-2016

Argentina's New Debt Exchange: Go Long Banks

By Federico Zaldua Federico Zaldua 09-01-2013