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Private Bancorp of America (Private Bancorp of America) E10 : $2.40 (As of Mar. 2024)


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What is Private Bancorp of America 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.

Private Bancorp of America's adjusted earnings per share data for the three months ended in Mar. 2024 was $1.360. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Private Bancorp of America's average E10 Growth Rate was 31.90% 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 (2024-06-06), Private Bancorp of America's current stock price is $35.50. Private Bancorp of America's E10 for the quarter that ended in Mar. 2024 was $2.40. Private Bancorp of America's Shiller PE Ratio of today is 14.79.

During the past 13 years, the highest Shiller PE Ratio of Private Bancorp of America was 31.17. The lowest was 12.08. And the median was 18.10.


Private Bancorp of America E10 Historical Data

The historical data trend for Private Bancorp of America'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.

Private Bancorp of America E10 Chart

Private Bancorp of America Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.77 1.33 1.82

Private Bancorp of America Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.82 1.96 2.24 2.40 2.40

Competitive Comparison of Private Bancorp of America's E10

For the Banks - Regional subindustry, Private Bancorp of America'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.


Private Bancorp of America's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Private Bancorp of America's Shiller PE Ratio falls into.



Private Bancorp of America 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, Private Bancorp of America'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)
=1.36/131.7762*131.7762
=1.360

Current CPI (Mar. 2024) = 131.7762.

Private Bancorp of America Quarterly Data

per share eps CPI Adj_EPS
201403 0.120 99.695 0.159
201406 0.140 100.560 0.183
201409 0.170 100.428 0.223
201412 0.170 99.070 0.226
201503 0.310 99.621 0.410
201506 0.260 100.684 0.340
201509 0.320 100.392 0.420
201512 0.280 99.792 0.370
201603 0.280 100.470 0.367
201606 0.180 101.688 0.233
201609 0.260 101.861 0.336
201612 0.320 101.863 0.414
201703 0.320 102.862 0.410
201706 0.210 103.349 0.268
201709 0.230 104.136 0.291
201712 0.010 104.011 0.013
201803 0.220 105.290 0.275
201806 0.170 106.317 0.211
201809 0.210 106.507 0.260
201812 0.200 105.998 0.249
201903 0.300 107.251 0.369
201906 0.200 108.070 0.244
201909 -0.910 108.329 -1.107
201912 0.350 108.420 0.425
202003 0.340 108.902 0.411
202006 0.370 108.767 0.448
202009 0.450 109.815 0.540
202012 0.780 109.897 0.935
202103 0.810 111.754 0.955
202106 0.750 114.631 0.862
202109 0.890 115.734 1.013
202112 1.280 117.630 1.434
202203 1.130 121.301 1.228
202206 0.770 125.017 0.812
202209 1.120 125.227 1.179
202212 1.300 125.222 1.368
202303 1.570 127.348 1.625
202306 2.690 128.729 2.754
202309 1.470 129.860 1.492
202403 1.360 131.776 1.360

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


Private Bancorp of America  (OTCPK:PBAM) 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.

Private Bancorp of America's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=35.50/2.4
=14.79

* 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 Private Bancorp of America was 31.17. The lowest was 12.08. And the median was 18.10.


Be Aware

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


Private Bancorp of America E10 Related Terms

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


Private Bancorp of America (Private Bancorp of America) Business Description

Traded in Other Exchanges
N/A
Address
9404 Genesee Avenue, Suite 100, La Jolla, CA, USA, 90237
Private Bancorp of America Inc operates through its bank holding which is a commercial bank chartered by the State of California. The bank provides deposit and loan services and also specializes in making loans on commercial real estate, as well as small to mid-sized business loans. Its offerings also include personal and business banking. The company operates in La Jolla, San Diego, Coronado, Newport Beach, Beverly Hills, El Segundo, San Marcos, Temecula, and Redlands.

Private Bancorp of America (Private Bancorp of America) Headlines