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Soneri Bank (KAR:SNBL) E10 : ₨2.71 (As of Mar. 2024)


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What is Soneri Bank 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.

Soneri Bank's adjusted earnings per share data for the three months ended in Mar. 2024 was ₨1.597. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₨2.71 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Soneri Bank's average E10 Growth Rate was 24.30% 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.

As of today (2024-06-08), Soneri Bank's current stock price is ₨10.96. Soneri Bank's E10 for the quarter that ended in Mar. 2024 was ₨2.71. Soneri Bank's Shiller PE Ratio of today is 4.04.

During the past 13 years, the highest Shiller PE Ratio of Soneri Bank was 5.27. The lowest was 3.60. And the median was 4.40.


Soneri Bank E10 Historical Data

The historical data trend for Soneri Bank'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.

Soneri Bank E10 Chart

Soneri Bank 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 - - 2.11 2.04 2.54

Soneri Bank 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 2.18 2.26 2.38 2.54 2.71

Competitive Comparison of Soneri Bank's E10

For the Banks - Regional subindustry, Soneri Bank'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.


Soneri Bank's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Soneri Bank's Shiller PE Ratio falls into.



Soneri Bank 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, Soneri Bank'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)
=1.597/131.7762*131.7762
=1.597

Current CPI (Mar. 2024) = 131.7762.

Soneri Bank Quarterly Data

per share eps CPI Adj_EPS
201406 0.330 100.560 0.432
201409 0.410 100.428 0.538
201412 0.420 99.070 0.559
201503 0.560 99.621 0.741
201506 0.448 100.684 0.586
201509 0.440 100.392 0.578
201512 0.567 99.792 0.749
201603 0.489 100.470 0.641
201606 0.577 101.688 0.748
201609 0.332 101.861 0.430
201612 0.306 101.863 0.396
201703 0.540 102.862 0.692
201706 0.196 103.349 0.250
201709 0.381 104.136 0.482
201712 0.389 104.011 0.493
201803 0.599 105.290 0.750
201806 0.287 106.317 0.356
201809 0.288 106.507 0.356
201812 0.445 105.998 0.553
201903 0.627 107.251 0.770
201906 0.257 108.070 0.313
201909 0.214 108.329 0.260
201912 0.630 108.420 0.766
202003 0.370 108.902 0.448
202006 0.655 108.767 0.794
202009 0.619 109.815 0.743
202012 0.534 109.897 0.640
202103 0.709 111.754 0.836
202106 0.944 114.631 1.085
202109 0.486 115.734 0.553
202112 0.450 117.630 0.504
202203 0.492 121.301 0.534
202206 0.002 125.017 0.002
202209 0.681 125.227 0.717
202212 0.534 125.222 0.562
202303 1.351 127.348 1.398
202306 0.941 128.729 0.963
202309 1.468 129.860 1.490
202312 1.751 129.419 1.783
202403 1.597 131.776 1.597

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


Soneri Bank  (KAR:SNBL) 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.

Soneri Bank's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=10.96/2.71
=4.04

* 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 Soneri Bank was 5.27. The lowest was 3.60. And the median was 4.40.


Be Aware

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


Soneri Bank E10 Related Terms

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


Soneri Bank (KAR:SNBL) Business Description

Traded in Other Exchanges
N/A
Address
M.T. Khan Road, 10th Floor, PNSC Building, Karachi, PAK, 74000
Soneri Bank Ltd provides banking services. It is involved in the activities of Retail Banking; Corporate and Investment Banking; Islamic Banking and Foreign Exchange Services. It offers fixed income, equity, foreign exchanges, lending, and repo services. It also offers financing, deposits, and services to corporate customers including services about mergers and acquisition and IPOs. The business segments of the bank are Corporate finance, Islamic, Trading and sales, and Retail Banking.

Soneri Bank (KAR:SNBL) Headlines

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