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Hudson City Bancorp (Hudson City Bancorp) E10 : $0.47 (As of Jun. 2015)


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What is Hudson City Bancorp 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.

Hudson City Bancorp's adjusted earnings per share data for the three months ended in Jun. 2015 was $0.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.47 for the trailing ten years ended in Jun. 2015.

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 (2024-05-05), Hudson City Bancorp's current stock price is $10.12. Hudson City Bancorp's E10 for the quarter that ended in Jun. 2015 was $0.47. Hudson City Bancorp's Shiller PE Ratio of today is 21.53.


Hudson City Bancorp E10 Historical Data

The historical data trend for Hudson City Bancorp'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.

Hudson City Bancorp E10 Chart

Hudson City Bancorp Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.48 0.50 0.50 0.48

Hudson City Bancorp Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 0.50 0.49 0.48 0.47 0.47

Competitive Comparison of Hudson City Bancorp's E10

For the Banks - Regional subindustry, Hudson City Bancorp'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.


Hudson City Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Hudson City Bancorp's Shiller PE Ratio falls into.



Hudson City Bancorp 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, Hudson City Bancorp's adjusted earnings per share data for the three months ended in Jun. 2015 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2015 (Change)*Current CPI (Jun. 2015)
=0.07/100.6839*100.6839
=0.070

Current CPI (Jun. 2015) = 100.6839.

Hudson City Bancorp Quarterly Data

per share eps CPI Adj_EPS
200509 0.130 83.876 0.156
200512 0.137 83.032 0.166
200603 0.130 84.298 0.155
200606 0.130 85.606 0.153
200609 0.130 85.606 0.153
200612 0.131 85.142 0.155
200703 0.130 86.640 0.151
200706 0.140 87.906 0.160
200709 0.150 87.964 0.172
200712 0.156 88.616 0.177
200803 0.180 90.090 0.201
200806 0.220 92.320 0.240
200809 0.250 92.307 0.273
200812 0.255 88.697 0.289
200903 0.260 89.744 0.292
200906 0.260 91.003 0.288
200909 0.270 91.120 0.298
200912 0.278 91.111 0.307
201003 0.300 91.821 0.329
201006 0.290 91.962 0.318
201009 0.250 92.162 0.273
201012 0.245 92.474 0.267
201103 -1.130 94.283 -1.207
201106 0.190 95.235 0.201
201109 0.170 95.727 0.179
201112 -0.726 95.213 -0.768
201203 0.150 96.783 0.156
201206 0.150 96.819 0.156
201209 0.110 97.633 0.113
201212 0.096 96.871 0.100
201303 0.100 98.209 0.103
201306 0.100 98.518 0.102
201309 0.090 98.790 0.092
201312 0.092 98.326 0.094
201403 0.090 99.695 0.091
201406 0.080 100.560 0.080
201409 0.070 100.428 0.070
201412 0.077 99.070 0.078
201503 0.010 99.621 0.010
201506 0.070 100.684 0.070

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


Hudson City Bancorp  (NAS:HCBK) 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.

Hudson City Bancorp's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=10.12/0.47
=21.53

* 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.


Be Aware

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


Hudson City Bancorp E10 Related Terms

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


Hudson City Bancorp (Hudson City Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
Hudson City Bancorp Inc is a Delaware corporation organized in 1999. It serves as the holding company of its only subsidiary, Hudson City Savings Bank. The asset of Hudson City Bancorp is its investment in Hudson City Savings Bank. The Company is a community and consumer-oriented retail savings bank offering traditional deposit products, residential real estate mortgage loans and consumer loans. The Company conducts its operations out of its corporate offices in Paramus in Bergen County, New Jersey and through 135 branches in the New York metropolitan area. It operates 97 branches located in 17 counties throughout the State of New Jersey. In New York State, it operates 10 branch offices in Westchester County, 12 branch offices in Suffolk County, 1 branch office each in Putnam and Rockland Counties and 5 branch offices in Richmond County "Staten Island". It also operates 9 branch offices in Fairfield County, Connecticut. The Company's traditional consumer products are conforming one- to four-family residential mortgages, time deposits, checking and savings accounts appeal to a broad customer base. In addition, it purchases mortgages and mortgage-backed securities and other securities issued by U.S. government-sponsored enterprises as well as other investments permitted by applicable laws and regulations. The Company faces intense competition both in making loans and attracting deposits in the market areas it serve. It competes with loans comes from commercial banks, savings institutions, mortgage banking firms, credit unions, finance companies, insurance companies and brokerage firms. The Company's loans are subject to federal and state laws and regulations.
Executives
Denis J Salamone director, officer: Chairman and CEO C/O HUDSON CITY BANCORP, INC., WEST 80 CENTURY ROAD, PARAMUS NJ 07652
Francesco S Rossi officer: First Vice President 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921
Golding Cornelius E director WEST 80 CENTURY ROAD, PARAMUS NJ 07652
Scott A Belair director 1809 WALNUT STREET, PHILADELLPHIA PA 19103
William G Bardel director C/O HUDSON CITY BANCORP, INC., WEST 80 CENTURY ROAD, PARAMUS NJ 07652
Tracey A Dedrick officer: Executive Vice President C/O HUDSON CITY BANCORP, INC., PARAMUS NJ 07652
Anthony J Fabiano director, officer: President and COO 99 PARK AVENUE, NEW YORK NY 10016
Mcintyre Kenneth A Jr officer: Senior Vice President C/O HUDSON CITY BANCORP, INC., WEST 80 CENTURY ROAD, PARAMUS NJ 07652
William John Cosgrove director 20 BUTTONWOOD PLACE, UPPER SADDLE RIVER NJ 07458

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