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Danske Andelskassers Bank A/S (OCSE:DAB) E10 : kr0.68 (As of Mar. 2024)


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What is Danske Andelskassers Bank A/S 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.

Danske Andelskassers Bank A/S's adjusted earnings per share data for the three months ended in Mar. 2024 was kr0.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr0.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Danske Andelskassers Bank A/S's average E10 Growth Rate was 1033.30% 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 (2024-06-07), Danske Andelskassers Bank A/S's current stock price is kr12.10. Danske Andelskassers Bank A/S's E10 for the quarter that ended in Mar. 2024 was kr0.68. Danske Andelskassers Bank A/S's Shiller PE Ratio of today is 17.79.

During the past 13 years, the highest Shiller PE Ratio of Danske Andelskassers Bank A/S was 522.50. The lowest was 14.30. And the median was 50.13.


Danske Andelskassers Bank A/S E10 Historical Data

The historical data trend for Danske Andelskassers Bank A/S'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.

Danske Andelskassers Bank A/S E10 Chart

Danske Andelskassers Bank A/S 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 -1.20 -0.91 -0.28 0.02 0.72

Danske Andelskassers Bank A/S 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 0.06 0.20 0.71 0.72 0.68

Competitive Comparison of Danske Andelskassers Bank A/S's E10

For the Banks - Regional subindustry, Danske Andelskassers Bank A/S'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.


Danske Andelskassers Bank A/S's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Danske Andelskassers Bank A/S's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Danske Andelskassers Bank A/S's Shiller PE Ratio falls into.



Danske Andelskassers Bank A/S 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, Danske Andelskassers Bank A/S'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)
=0.3/118.4000*118.4000
=0.300

Current CPI (Mar. 2024) = 118.4000.

Danske Andelskassers Bank A/S Quarterly Data

per share eps CPI Adj_EPS
201406 -0.010 99.700 -0.012
201409 -0.134 99.700 -0.159
201412 -0.256 99.400 -0.305
201503 0.196 100.200 0.232
201506 -0.196 100.300 -0.231
201509 -0.293 100.200 -0.346
201512 0.024 99.800 0.028
201603 -0.098 100.200 -0.116
201606 -0.068 100.600 -0.080
201609 0.196 100.200 0.232
201612 0.196 100.300 0.231
201703 0.098 101.200 0.115
201706 0.196 101.200 0.229
201709 -0.005 101.800 -0.006
201712 0.090 101.300 0.105
201803 0.196 101.700 0.228
201806 0.098 102.300 0.113
201809 0.196 102.400 0.227
201812 0.033 102.100 0.038
201903 0.391 102.900 0.450
201906 0.196 102.900 0.226
201909 1.076 102.900 1.238
201912 0.196 102.900 0.226
202003 -0.391 103.300 -0.448
202006 0.293 103.200 0.336
202009 0.293 103.500 0.335
202012 0.293 103.400 0.336
202103 0.293 104.300 0.333
202106 0.293 105.000 0.330
202109 0.098 105.800 0.110
202112 0.293 106.600 0.325
202203 0.000 109.900 0.000
202206 0.100 113.600 0.104
202209 0.200 116.400 0.203
202212 0.400 115.900 0.409
202303 0.300 117.300 0.303
202306 0.300 116.400 0.305
202309 0.300 117.400 0.303
202312 0.400 116.700 0.406
202403 0.300 118.400 0.300

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


Danske Andelskassers Bank A/S  (OCSE:DAB) 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.

Danske Andelskassers Bank A/S's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12.10/0.68
=17.79

* 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 Danske Andelskassers Bank A/S was 522.50. The lowest was 14.30. And the median was 50.13.


Be Aware

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


Danske Andelskassers Bank A/S E10 Related Terms

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


Danske Andelskassers Bank A/S (OCSE:DAB) Business Description

Traded in Other Exchanges
N/A
Address
Baneskellet 1, Hammershoj, Tjele, DNK, 8830
Danske Andelskassers Bank A/S operates as a regional bank which provides various banking products and services to private, small and medium-sized business, and institutional customers in Denmark. It offers deposit products such as checking, savings and term certificate accounts, credit cards, Mortgages, loans, pensions, self-service facilities, insurance, mobile banking, Net banking, ATMs, debt management and investment advice.

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