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San-in Godo Bank (TSE:8381) E10 : 円86.93 (As of Dec. 2023)


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What is San-in Godo Bank 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.

San-in Godo Bank's adjusted earnings per share data for the three months ended in Dec. 2023 was 円24.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円86.93 for the trailing ten years ended in Dec. 2023.

During the past 12 months, San-in Godo Bank's average E10 Growth Rate was -100.00% 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 San-in Godo Bank was 5.50% per year. The lowest was 3.80% per year. And the median was 3.80% per year.

As of today (2024-06-10), San-in Godo Bank's current stock price is 円1418.00. San-in Godo Bank's E10 for the quarter that ended in Dec. 2023 was 円86.93. San-in Godo Bank's Shiller PE Ratio of today is 16.31.

During the past 13 years, the highest Shiller PE Ratio of San-in Godo Bank was 16.76. The lowest was 6.06. And the median was 9.28.


San-in Godo Bank E10 Historical Data

The historical data trend for San-in Godo Bank'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.

San-in Godo Bank E10 Chart

San-in Godo Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.01 74.92 78.51 84.44 -

San-in Godo Bank 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 84.44 84.39 86.46 86.93 -

Competitive Comparison of San-in Godo Bank's E10

For the Banks - Regional subindustry, San-in Godo Bank'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.


San-in Godo Bank's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, San-in Godo Bank's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where San-in Godo Bank's Shiller PE Ratio falls into.



San-in Godo Bank 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, San-in Godo Bank's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=24.28/106.8000*106.8000
=24.280

Current CPI (Dec. 2023) = 106.8000.

San-in Godo Bank Quarterly Data

per share eps CPI Adj_EPS
201403 13.420 95.700 14.977
201406 23.810 98.000 25.948
201409 12.530 98.500 13.586
201412 24.960 97.900 27.229
201503 14.240 97.900 15.535
201506 29.720 98.400 32.257
201509 8.900 98.500 9.650
201512 23.740 98.100 25.845
201603 18.310 97.900 19.975
201606 20.270 98.100 22.068
201609 25.790 98.000 28.106
201612 31.630 98.400 34.330
201703 7.220 98.100 7.860
201706 30.470 98.500 33.038
201709 16.380 98.800 17.706
201712 26.580 99.400 28.559
201803 14.040 99.200 15.116
201806 20.420 99.200 21.984
201809 22.170 99.900 23.701
201812 16.610 99.700 17.793
201903 25.150 99.700 26.941
201906 24.080 99.800 25.769
201909 16.550 100.100 17.658
201912 14.930 100.500 15.866
202003 11.350 100.300 12.086
202006 15.710 99.900 16.795
202009 18.310 99.900 19.575
202012 12.230 99.300 13.154
202103 15.780 99.900 16.870
202106 22.060 99.500 23.678
202109 31.450 100.100 33.555
202112 24.400 100.100 26.033
202203 14.860 101.100 15.698
202206 31.690 101.800 33.246
202209 25.240 103.100 26.146
202212 29.770 104.100 30.542
202303 12.480 104.400 12.767
202306 14.960 105.200 15.188
202309 28.060 106.200 28.219
202312 24.280 106.800 24.280

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


San-in Godo Bank  (TSE:8381) 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.

San-in Godo Bank's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1418.00/86.93
=16.31

* 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 San-in Godo Bank was 16.76. The lowest was 6.06. And the median was 9.28.


Be Aware

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


San-in Godo Bank E10 Related Terms

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


San-in Godo Bank (TSE:8381) Business Description

Traded in Other Exchanges
N/A
Address
10 Uomachi, Matsue, Shimane, JPN, 6900062
San-in Godo BankLtd. is a Japanese bank group that primarily operates in the San-in region of western Honshu. It also has a presence in the neighboring Sanyo region and the Hyogo prefecture. The group has two reportable service segments: banking and leasing. Banking constitutes a majority of the group's activities and consists of a deposit, loan, securities investment, and exchange business. The group also engages in a credit guarantee business. Loans and bills discounted and securities constitute a majority of the bank's earning assets.

San-in Godo Bank (TSE:8381) Headlines

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