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Bank Of Kaohsiung (TPE:2836) E10 : NT$0.67 (As of Mar. 2024)


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What is Bank Of Kaohsiung 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.

Bank Of Kaohsiung's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$0.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bank Of Kaohsiung's average E10 Growth Rate was 4.70% per year. During the past 3 years, the average E10 Growth Rate was 17.80% 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 Bank Of Kaohsiung was 20.50% per year. The lowest was 17.80% per year. And the median was 19.15% per year.

As of today (2024-06-10), Bank Of Kaohsiung's current stock price is NT$11.80. Bank Of Kaohsiung's E10 for the quarter that ended in Mar. 2024 was NT$0.67. Bank Of Kaohsiung's Shiller PE Ratio of today is 17.61.

During the past 13 years, the highest Shiller PE Ratio of Bank Of Kaohsiung was 24.60. The lowest was 16.72. And the median was 19.58.


Bank Of Kaohsiung E10 Historical Data

The historical data trend for Bank Of Kaohsiung'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.

Bank Of Kaohsiung E10 Chart

Bank Of Kaohsiung 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 0.36 0.41 0.58 0.63 0.67

Bank Of Kaohsiung 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 0.64 0.66 0.67 0.67 0.67

Competitive Comparison of Bank Of Kaohsiung's E10

For the Banks - Regional subindustry, Bank Of Kaohsiung'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.


Bank Of Kaohsiung's Shiller PE Ratio Distribution in the Banks Industry

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

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



Bank Of Kaohsiung 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, Bank Of Kaohsiung'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)
=0.12/131.7762*131.7762
=0.120

Current CPI (Mar. 2024) = 131.7762.

Bank Of Kaohsiung Quarterly Data

per share eps CPI Adj_EPS
201406 0.071 100.560 0.093
201409 0.134 100.428 0.176
201412 0.149 99.070 0.198
201503 0.157 99.621 0.208
201506 0.142 100.684 0.186
201509 0.157 100.392 0.206
201512 0.110 99.792 0.145
201603 0.157 100.470 0.206
201606 0.149 101.688 0.193
201609 0.165 101.861 0.213
201612 0.141 101.863 0.182
201703 0.173 102.862 0.222
201706 0.149 103.349 0.190
201709 0.138 104.136 0.175
201712 -0.073 104.011 -0.092
201803 0.008 105.290 0.010
201806 0.155 106.317 0.192
201809 0.118 106.507 0.146
201812 0.085 105.998 0.106
201903 0.135 107.251 0.166
201906 0.144 108.070 0.176
201909 0.161 108.329 0.196
201912 0.127 108.420 0.154
202003 0.168 108.902 0.203
202006 0.141 108.767 0.171
202009 0.146 109.815 0.175
202012 0.146 109.897 0.175
202103 0.182 111.754 0.215
202106 0.173 114.631 0.199
202109 0.188 115.734 0.214
202112 0.169 117.630 0.189
202203 0.216 121.301 0.235
202206 0.197 125.017 0.208
202209 0.164 125.227 0.173
202212 0.116 125.222 0.122
202303 0.170 127.348 0.176
202306 0.197 128.729 0.202
202309 0.174 129.860 0.177
202312 0.135 129.419 0.137
202403 0.120 131.776 0.120

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


Bank Of Kaohsiung  (TPE:2836) 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.

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

Shiller PE Ratio=Share Price/E10
=11.80/0.67
=17.61

* 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 Bank Of Kaohsiung was 24.60. The lowest was 16.72. And the median was 19.58.


Be Aware

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


Bank Of Kaohsiung E10 Related Terms

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


Bank Of Kaohsiung (TPE:2836) Business Description

Traded in Other Exchanges
Address
168 Po Ai 2nd Road, Zuoying District, Kaohsiung, TWN
Bank Of Kaohsiung Ltd is engaged in providing banking services. Its operating segment includes DBU, OBU, and Finance Administration Department, and Others. It generates maximum revenue from the DBU segment. DBU segment is engaged in deposit-taking and underwriting of loans in the domestic market. OBU and Finance Administration Department segment is engaged in the investment and trading of securities and offshore deposits and loans, and the others segment is engaged in the public treasury, trust, life insurance, and property insurance businesses. Geographically, it derives a majority of its revenue from Taiwan and also has a presence in America, Australia, United Arab Emirates, Cayman, the Virgin Islands, and Other Countries.

Bank Of Kaohsiung (TPE:2836) Headlines

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