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

As of today, BB&T Corp's current share price is $36.99. BB&T Corp's E10 for the quarter that ended in Dec. 2014 was $2.03. BB&T Corp's Shiller P/E Ratio for today is 18.22.

BBT' s 10-Year Shiller P/E Ratio Range
Min: 4.75   Max: 19.89
Current: 18.3

4.75
19.89

During the past 13 years, BB&T Corp's highest Shiller P/E Ratio was 19.89. The lowest was 4.75. And the median was 14.02.

BBT's Shiller P/E Ratiois ranked higher than
87% of the 2664 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.00 vs. BBT: 18.30 )

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 Dec. 2014 was $0.759. Since most companies do not have as long as 10 years history, here we use 6 years to calculate. Add all the adjusted EPS for the past 6 years together and divide 6 will get our E10, which is $2.03 for the trailing six years ended in Dec. 2014.


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
=36.99/2.03
=18.22

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

BB&T Corp's E10 for the fiscal year that ended in Dec14 is calculated as:

For example, BB&T Corp's adjusted earnings per share data for the three months ended in Dec. 2014 was:

Adj_EPS=Earnigns per Share/CPI of Dec. 2014*CPI of Current
=0.76/235.51*235.189
=0.759

Since most companies do not have as long as 10 years history, GuruFocus uses 6 years to do the calculation.

Current CPI = 235.189.

BB&T Corp Quarterly Data

201209201212201303201306201309201312201403201406201409201412
per share eps 0.6600.7120.2900.7700.3700.7480.6900.5800.7100.760
CPI 231.407229.601232.773233.504234.149233.049236.293238.343238.031235.510
Adj_EPS 0.6710.7290.2930.7760.3720.7550.6870.5720.7020.759
201003201006201009201012201103201106201109201112201203201206
per share eps 0.2700.3000.3000.2960.3200.4400.5200.5540.6100.720
CPI 217.631217.965218.439219.179223.467225.722226.889225.672229.392229.478
Adj_EPS 0.2920.3240.3230.3180.3370.4580.5390.5770.6250.738
200903200906200909200912
per share eps 0.4800.2000.2300.266
CPI 212.709215.693215.969215.949
Adj_EPS 0.5310.2180.2500.290

Add all the adjusted EPS together and divide 6 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 own currency.

BB&T Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ShillerPE 16.5015.8410.209.419.1210.5811.0112.9618.2619.43

BB&T Corp Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
ShillerPE 14.9612.9614.4615.8016.2518.2619.7319.5218.7119.43
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK