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Djurslands Bank A/S (OCSE:DJUR) E10 : kr42.89 (As of Mar. 2024)


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What is Djurslands 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.

Djurslands Bank A/S's adjusted earnings per share data for the three months ended in Mar. 2024 was kr23.500. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr42.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Djurslands Bank A/S's average E10 Growth Rate was 21.20% per year. During the past 3 years, the average E10 Growth Rate was 18.00% 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 Djurslands Bank A/S was 18.00% per year. The lowest was 6.10% per year. And the median was 12.05% per year.

As of today (2024-06-06), Djurslands Bank A/S's current stock price is kr515.00. Djurslands Bank A/S's E10 for the quarter that ended in Mar. 2024 was kr42.89. Djurslands Bank A/S's Shiller PE Ratio of today is 12.01.

During the past 13 years, the highest Shiller PE Ratio of Djurslands Bank A/S was 15.12. The lowest was 7.61. And the median was 11.46.


Djurslands Bank A/S E10 Historical Data

The historical data trend for Djurslands 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.

Djurslands Bank A/S E10 Chart

Djurslands 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 27.85 24.85 27.99 33.31 40.79

Djurslands 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 35.39 36.85 39.44 40.79 42.89

Competitive Comparison of Djurslands Bank A/S's E10

For the Banks - Regional subindustry, Djurslands 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.


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

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

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



Djurslands 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, Djurslands 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)
=23.5/118.4000*118.4000
=23.500

Current CPI (Mar. 2024) = 118.4000.

Djurslands Bank A/S Quarterly Data

per share eps CPI Adj_EPS
201406 5.100 99.700 6.057
201409 7.300 99.700 8.669
201412 1.500 99.400 1.787
201503 8.900 100.200 10.517
201506 7.400 100.300 8.735
201509 4.078 100.200 4.819
201512 1.438 99.800 1.706
201603 4.900 100.200 5.790
201606 6.200 100.600 7.297
201609 7.808 100.200 9.226
201612 8.797 100.300 10.384
201703 9.200 101.200 10.764
201706 11.700 101.200 13.689
201709 9.000 101.800 10.468
201712 6.400 101.300 7.480
201803 9.300 101.700 10.827
201806 11.700 102.300 13.541
201809 5.098 102.400 5.895
201812 0.700 102.100 0.812
201903 9.200 102.900 10.586
201906 14.600 102.900 16.799
201909 14.200 102.900 16.339
201912 3.178 102.900 3.657
202003 -3.000 103.300 -3.439
202006 8.400 103.200 9.637
202009 6.700 103.500 7.665
202012 6.718 103.400 7.693
202103 4.300 104.300 4.881
202106 13.000 105.000 14.659
202109 12.000 105.800 13.429
202112 13.700 106.600 15.217
202203 10.400 109.900 11.204
202206 5.477 113.600 5.708
202209 14.893 116.400 15.149
202212 17.400 115.900 17.775
202303 20.300 117.300 20.490
202306 18.853 116.400 19.177
202309 27.966 117.400 28.204
202312 21.800 116.700 22.118
202403 23.500 118.400 23.500

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


Djurslands Bank A/S  (OCSE:DJUR) 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.

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

Shiller PE Ratio=Share Price/E10
=515.00/42.89
=12.01

* 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 Djurslands Bank A/S was 15.12. The lowest was 7.61. And the median was 11.46.


Be Aware

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


Djurslands Bank A/S E10 Related Terms

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


Djurslands Bank A/S (OCSE:DJUR) Business Description

Traded in Other Exchanges
N/A
Address
Torvet 5, Grenaa, DNK, 8500
Djurslands Bank A/S provides banking products and financial services to private customers, small and medium sized enterprises as well as to public institutions. It product and service offerings include loans, mortgage, pension funds, and insurance. It also provide consultation services for private and professional banking.

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