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BB&T Corp (NYSE:BBT)
Shiller P/E Ratio
18.66 (As of Today)

As of today, BB&T Corp's current share price is $45.34. BB&T Corp's E10 for the quarter that ended in Sep. 2016 was $2.43. BB&T Corp's Shiller P/E Ratio for today is 18.66.

BBT' s Shiller P/E Ratio Range Over the Past 10 Years
Min: 4.97   Max: 19.4
Current: 18.52

4.97
19.4

During the past 13 years, BB&T Corp's highest Shiller P/E Ratio was 19.40. The lowest was 4.97. And the median was 12.40.

BBT's Shiller P/E Ratio is ranked higher than
60% of the 484 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 20.92 vs. BBT: 18.52 )

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.

BB&T Corp's adjusted earnings per share data for the three months ended in Sep. 2016 was $0.730. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.43 for the trailing ten years ended in Sep. 2016.


Definition

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.

BB&T Corp's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=45.34/2.43
=18.66

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

BB&T Corp's E10 for the fiscal year that ended in Dec15 is calculated as:

For example, BB&T Corp's adjusted earnings per share data for the three months ended in Sep. 2016 was:

Adj_EPS=Earnigns per Share/CPI of Sep. 2016 (Change)*Current CPI (Sep. 2016)
=0.73/241.428*241.428
=0.730

Current CPI (Sep. 2016) = 241.428.

BB&T Corp Quarterly Data

201409201412201503201506201509201512201603201606201609201612
per share eps 0.7000.7500.6700.6200.6400.6400.6700.6600.7300.720
CPI 238.031234.812236.119238.638237.945236.525238.132241.018241.428241.165
Adj_EPS 0.7100.7710.6850.6270.6490.6530.6790.6610.7300.721
201203201206201209201212201303201306201309201312201403201406
per share eps 0.6100.7200.6600.7100.2900.7700.3700.7500.6800.580
CPI 229.392229.478231.407229.601232.773233.504234.149233.049236.293238.343
Adj_EPS 0.6420.7570.6890.7470.3010.7960.3820.7770.6950.588
200909200912201003201006201009201012201103201106201109201112
per share eps 0.2300.2700.2700.3000.3000.2900.3200.4400.5200.560
CPI 215.969215.949217.631217.965218.439219.179223.467225.722226.889225.672
Adj_EPS 0.2570.3020.3000.3320.3320.3190.3460.4710.5530.599
200703200706200709200712200803200806200809200812200903200906
per share eps 0.7700.8300.8000.7400.7800.7800.6500.5100.4800.200
CPI 205.352208.352208.490210.036213.528218.815218.783210.228212.709215.693
Adj_EPS 0.9050.9620.9260.8510.8820.8610.7170.5860.5450.224

Add all the adjusted EPS together and divide 10 will get our E10.


Explanation

Compared with the regular P/E ratio, which works poorly for cyclical businesses, the Shiller P/E smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller P/E should give similar results to regular P/E.

Compared with the P/S ratio, the Shiller P/E makes the comparison between different industries more meaningful.


Be Aware

The Shiller P/E assumes that over the long term, businesses and profitability revert to their means. If a company’s business model does not work in the future compared with the past, the Shiller P/E and P/S ratio will give false valuations.


Related Terms

P/E Ratio, P/B Ratio, P/S Ratio, Price-to-Free-Cash-Flow ratio, E10


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

BB&T Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ShillerPE 11.5210.109.449.899.5211.1214.2615.3315.3919.20

BB&T Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ShillerPE 14.2815.3315.3415.8514.1815.3913.5614.5315.5119.20
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