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PT Bank Mandiri (Persero) Tbk (ISX:BMRI) E10 : Rp0.00 (As of Mar. 2024)


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What is PT Bank Mandiri (Persero) Tbk 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.

PT Bank Mandiri (Persero) Tbk's adjusted earnings per share data for the three months ended in Mar. 2024 was Rp136.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Bank Mandiri (Persero) Tbk's average E10 Growth Rate was 14.30% per year. During the past 3 years, the average E10 Growth Rate was 11.40% 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 PT Bank Mandiri (Persero) Tbk was 11.40% per year. The lowest was 11.40% per year. And the median was 11.40% per year.

As of today (2024-06-10), PT Bank Mandiri (Persero) Tbk's current stock price is Rp6275.00. PT Bank Mandiri (Persero) Tbk's E10 for the quarter that ended in Mar. 2024 was Rp0.00. PT Bank Mandiri (Persero) Tbk's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of PT Bank Mandiri (Persero) Tbk was 21.89. The lowest was 4.77. And the median was 14.88.


PT Bank Mandiri (Persero) Tbk E10 Historical Data

The historical data trend for PT Bank Mandiri (Persero) Tbk'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.

PT Bank Mandiri (Persero) Tbk E10 Chart

PT Bank Mandiri (Persero) Tbk 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 -1,650.16 244.40 259.47 295.83 338.11

PT Bank Mandiri (Persero) Tbk 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 304.50 313.52 322.70 338.11 -

Competitive Comparison of PT Bank Mandiri (Persero) Tbk's E10

For the Banks - Regional subindustry, PT Bank Mandiri (Persero) Tbk'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.


PT Bank Mandiri (Persero) Tbk's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PT Bank Mandiri (Persero) Tbk's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PT Bank Mandiri (Persero) Tbk's Shiller PE Ratio falls into.



PT Bank Mandiri (Persero) Tbk 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, PT Bank Mandiri (Persero) Tbk'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)
=136.09/130.6070*130.6070
=136.090

Current CPI (Mar. 2024) = 130.6070.

PT Bank Mandiri (Persero) Tbk Quarterly Data

per share eps CPI Adj_EPS
201406 49.938 93.015 70.121
201409 52.158 94.576 72.029
201412 58.054 98.819 76.728
201503 55.055 98.388 73.084
201506 51.278 99.766 67.130
201509 49.908 101.037 64.515
201512 61.633 102.133 78.816
201603 40.895 102.764 51.975
201606 34.965 103.212 44.245
201609 52.852 104.142 66.283
201612 19.215 105.222 23.851
201703 43.705 106.476 53.610
201706 57.686 107.722 69.941
201709 121.347 108.020 146.720
201712 59.685 109.017 71.505
201803 62.785 110.097 74.482
201806 67.695 111.085 79.592
201809 63.360 111.135 74.462
201812 74.180 112.430 86.173
201903 77.495 112.829 89.706
201906 67.480 114.730 76.818
201909 71.990 114.905 81.828
201912 77.485 115.486 87.630
202003 84.815 116.252 95.288
202006 25.500 116.630 28.556
202009 40.030 116.397 44.917
202012 29.745 117.318 33.114
202103 63.460 117.840 70.335
202106 70.580 118.184 77.999
202109 72.140 118.262 79.671
202112 94.350 119.516 103.106
202203 107.560 120.948 116.150
202206 109.047 123.322 115.488
202209 111.895 125.298 116.636
202212 135.690 126.098 140.542
202303 134.570 126.953 138.444
202306 135.768 127.663 138.899
202309 148.196 128.151 151.036
202312 204.890 129.395 206.810
202403 136.090 130.607 136.090

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


PT Bank Mandiri (Persero) Tbk  (ISX:BMRI) 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.

During the past 13 years, the highest Shiller P/E Ratio of PT Bank Mandiri (Persero) Tbk was 21.89. The lowest was 4.77. And the median was 14.88.


Be Aware

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


PT Bank Mandiri (Persero) Tbk E10 Related Terms

Thank you for viewing the detailed overview of PT Bank Mandiri (Persero) Tbk's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Bank Mandiri (Persero) Tbk (ISX:BMRI) Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Gatot Subroto Kav. 36-38, Plaza Mandiri, Jakarta, IDN, 12190
PT Bank Mandiri (Persero) Tbk is a full-service bank principally operating in the Indonesian archipelago. The national government of Indonesia owns well over half of the bank's outstanding shares. Its wide range of products and services includes deposit collection, loans, promissory note issuance, guarantee services, wholesale banking, custodian banking, asset and wealth management, factoring and credit card services, and Islamic banking. The bank's strategy emphasizes a cross-selling culture and increased regionalization, expertise-oriented solutions, and ease of access for its micro, small, and midsize enterprise customers. Its loan portfolio is diversified, mostly in industrials, restaurants and hospitality, and the transportation and storage industries.

PT Bank Mandiri (Persero) Tbk (ISX:BMRI) Headlines

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