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

As of today, BB&T Corp's current share price is $39.34. BB&T Corp's E10 for the quarter that ended in Dec. 2013 was $2.05. BB&T Corp's Shiller P/E Ratio for today is 19.30.

BBT' s 10-Year Shiller P/E Ratio Range
Min: 4.73   Max: 19.42
Current: 19.3

4.73
19.42

During the past 13 years, BB&T Corp's highest Shiller P/E Ratio was 19.42. The lowest was 4.73. And the median was 14.02.

BBT's Shiller P/E Ratiois ranked higher than
58% of the 841 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 16.71 vs. BBT: 19.30 )

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. 2013 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 $2.05 for the trailing six years ended in Dec. 2013.


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
=39.34/2.05
=19.19

* 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 Dec13 is calculated as:

For example, BB&T Corp's adjusted earnings per share data for the three months ended in Dec. 2013 was:

Adj_EPS=Earnigns per Share/CPI of Dec. 2013*CPI of Current
=0.748/233.049*236.511
=0.759

Since most companies do not have as long as 10 years history, here we use 6 years to calculate:

Current CPI = 236.511.

BB&T Corp Quarterly Data

201109201112201203201206201209201212201303201306201309201312
per share eps 0.5200.5540.6100.7200.6600.7120.2900.7700.3700.748
CPI 226.889225.672229.392229.478231.407229.601232.773233.504234.149233.049
Adj_EPS 0.5420.5810.6290.7420.6750.7330.2950.7800.3740.759
200903200906200909200912201003201006201009201012201103201106
per share eps 0.4800.2000.2300.2660.2700.3000.3000.2960.3200.440
CPI 212.709215.693215.969215.949217.631217.965218.439219.179223.467225.722
Adj_EPS 0.5340.2190.2520.2910.2930.3260.3250.3190.3390.461
200803200806200809200812
per share eps 0.7800.7800.6500.510
CPI 213.528218.815218.783210.228
Adj_EPS 0.8640.8430.7030.574

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

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ShillerPE 18.1716.4215.7610.259.379.1610.6311.0613.0218.17

BB&T Corp Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ShillerPE 9.0511.0613.8213.7614.8913.0214.5215.7216.3218.17
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
Hide