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Pulaski Financial (Pulaski Financial) E10 : $0.68 (As of Dec. 2015)


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What is Pulaski Financial 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.

Pulaski Financial's adjusted earnings per share data for the three months ended in Dec. 2015 was $0.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.68 for the trailing ten years ended in Dec. 2015.

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 (2024-05-06), Pulaski Financial's current stock price is $16.17. Pulaski Financial's E10 for the quarter that ended in Dec. 2015 was $0.68. Pulaski Financial's Shiller PE Ratio of today is 23.78.


Pulaski Financial E10 Historical Data

The historical data trend for Pulaski Financial'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.

Pulaski Financial E10 Chart

Pulaski Financial Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.66 0.65 0.67 0.68

Pulaski Financial Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 0.66 0.67 0.68 0.68 0.68

Competitive Comparison of Pulaski Financial's E10

For the Banks - Regional subindustry, Pulaski Financial'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.


Pulaski Financial's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Pulaski Financial's Shiller PE Ratio falls into.



Pulaski Financial 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, Pulaski Financial's adjusted earnings per share data for the three months ended in Dec. 2015 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2015 (Change)*Current CPI (Dec. 2015)
=0.26/99.7924*99.7924
=0.260

Current CPI (Dec. 2015) = 99.7924.

Pulaski Financial Quarterly Data

per share eps CPI Adj_EPS
200603 0.300 84.298 0.355
200606 0.240 85.606 0.280
200609 0.255 85.606 0.297
200612 0.240 85.142 0.281
200703 0.210 86.640 0.242
200706 0.190 87.906 0.216
200709 0.226 87.964 0.256
200712 0.270 88.616 0.304
200803 0.250 90.090 0.277
200806 0.160 92.320 0.173
200809 -0.403 92.307 -0.436
200812 0.060 88.697 0.068
200903 0.150 89.744 0.167
200906 0.140 91.003 0.154
200909 -0.053 91.120 -0.058
200912 0.070 91.111 0.077
201003 -0.470 91.821 -0.511
201006 0.250 91.962 0.271
201009 0.233 92.162 0.252
201012 0.240 92.474 0.259
201103 0.050 94.283 0.053
201106 0.110 95.235 0.115
201109 0.010 95.727 0.010
201112 0.230 95.213 0.241
201203 0.080 96.783 0.082
201206 0.200 96.819 0.206
201209 0.092 97.633 0.094
201212 0.250 96.871 0.258
201303 0.290 98.209 0.295
201306 0.290 98.518 0.294
201309 -0.084 98.790 -0.085
201312 0.200 98.326 0.203
201403 0.170 99.695 0.170
201406 0.250 100.560 0.248
201409 0.271 100.428 0.269
201412 0.260 99.070 0.262
201503 0.250 99.621 0.250
201506 0.360 100.684 0.357
201509 0.295 100.392 0.293
201512 0.260 99.792 0.260

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


Pulaski Financial  (NAS:PULB) 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.

Pulaski Financial's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=16.17/0.68
=23.78

* 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.


Be Aware

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


Pulaski Financial E10 Related Terms

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


Pulaski Financial (Pulaski Financial) Business Description

Traded in Other Exchanges
N/A
Address
Pulaski Financial Corp was founded in 1922. The Company is a holding company for Pulaski Bank that provides financial products and services for businesses and retail customers through its thirteen full-service offices in the St. Louis metropolitan area and residential mortgage loan production offices in the St. Louis, Kansas City, Chicago and Omaha-Council-Bluffs metropolitan areas, mid-Missouri, southwestern Missouri, eastern Kansas, and Lincoln, Nebraska. Pulaski Bank is engaged in attracting deposits from individuals and businesses and using these deposits, together with borrowed funds, to originate and retain commercial real estate and commercial and industrial loans within its St. Louis lending market and one-to-four-family residential mortgage loans within its St. Louis, Kansas City and Omaha-Council Bluffs lending markets. In addition, the Bank originates one- to four-family residential mortgage loans for sale in the secondary market in the other markets. The Company competes for loans from other financial institutions, mortgage banking companies and mortgage brokers.
Executives
Stanley J Bradshaw director 900 ROOSEVELT PARKWAY, CHESTERFIELD MO 63017
Lee S Wielansky director PAUL HASTINGS, 75 EAST 55TH STREET, NEW YORK NY 10022
Leon A Felman director 25 WEST BRENTMOOR PARK, CLAYTON MO 63105
Ramsey K Hamadi officer: Chief Financial Officer C/O AMERICAN NATIONAL BANK & TRUST CO., 628 MAIN STREET, DANVILLE VA 24541
Christopher K Reichert director, officer: Executive Vice President C/O PULASKI FINANCIAL CORP, 12300 OLIVE BLVD, ST LOUIS MO 63141

Pulaski Financial (Pulaski Financial) Headlines

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