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First Community Bankshares (First Community Bankshares) Shiller PE Ratio : 14.14 (As of Apr. 28, 2024)


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What is First Community Bankshares Shiller PE Ratio?

As of today (2024-04-28), First Community Bankshares's current share price is $33.51. First Community Bankshares's E10 for the quarter that ended in Dec. 2023 was $2.37. First Community Bankshares's Shiller PE Ratio for today is 14.14.

The historical rank and industry rank for First Community Bankshares's Shiller PE Ratio or its related term are showing as below:

FCBC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.95   Med: 15.87   Max: 43.75
Current: 14.13

During the past years, First Community Bankshares's highest Shiller PE Ratio was 43.75. The lowest was 9.95. And the median was 15.87.

FCBC's Shiller PE Ratio is ranked worse than
74.67% of 1125 companies
in the Banks industry
Industry Median: 10.36 vs FCBC: 14.13

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

First Community Bankshares's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.640. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.37 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Community Bankshares Shiller PE Ratio Historical Data

The historical data trend for First Community Bankshares's Shiller PE Ratio 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.

First Community Bankshares Shiller PE Ratio Chart

First Community Bankshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.58 13.00 17.18 15.56 15.64

First Community Bankshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio 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 15.56 11.17 13.00 12.53 15.64

Competitive Comparison of First Community Bankshares's Shiller PE Ratio

For the Banks - Regional subindustry, First Community Bankshares'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.


First Community Bankshares's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Community Bankshares's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where First Community Bankshares's Shiller PE Ratio falls into.



First Community Bankshares Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

First Community Bankshares's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=33.51/2.37
=14.14

* 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.

First Community Bankshares's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, First Community Bankshares'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)
=0.64/129.4194*129.4194
=0.640

Current CPI (Dec. 2023) = 129.4194.

First Community Bankshares Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.290 99.695 0.376
201406 0.360 100.560 0.463
201409 0.360 100.428 0.464
201412 0.290 99.070 0.379
201503 0.310 99.621 0.403
201506 0.330 100.684 0.424
201509 0.340 100.392 0.438
201512 0.340 99.792 0.441
201603 0.340 100.470 0.438
201606 0.360 101.688 0.458
201609 0.370 101.861 0.470
201612 0.380 101.863 0.483
201703 0.360 102.862 0.453
201706 0.380 103.349 0.476
201709 0.450 104.136 0.559
201712 0.070 104.011 0.087
201803 0.520 105.290 0.639
201806 0.540 106.317 0.657
201809 0.550 106.507 0.668
201812 0.570 105.998 0.696
201903 0.600 107.251 0.724
201906 0.660 108.070 0.790
201909 0.580 108.329 0.693
201912 0.610 108.420 0.728
202003 0.440 108.902 0.523
202006 0.460 108.767 0.547
202009 0.470 109.815 0.554
202012 0.650 109.897 0.765
202103 0.820 111.754 0.950
202106 0.760 114.631 0.858
202109 0.730 115.734 0.816
202112 0.620 117.630 0.682
202203 0.560 121.301 0.597
202206 0.670 125.017 0.694
202209 0.820 125.227 0.847
202212 0.770 125.222 0.796
202303 0.720 127.348 0.732
202306 0.530 128.729 0.533
202309 0.780 129.860 0.777
202312 0.640 129.419 0.640

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


First Community Bankshares  (NAS:FCBC) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio 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 PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio 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, Shiller PE Ratio and PS Ratio will give false valuations.


First Community Bankshares Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of First Community Bankshares's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


First Community Bankshares (First Community Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 989, Bluefield, VA, USA, 24605-0989
First Community Bankshares Inc is a financial holding company that provides commercial banking products and services. The company is engaged in providing demand deposit accounts, savings, and money market accounts, certificates of deposits; commercial, consumer, and real estate mortgage loans, and lines of credit; various credit card, debit card, and automated teller machine card services; corporate and personal trust services; investment management services and life, health, and property and casualty insurance products. The company's revenue is mainly derived from interest, fees, and commissions.
Executives
David D Brown officer: Chief Financial Officer C/O FIRST COMMUNITY BANCSHARES, P.O. BOX 989, BLUEFIELD VA 24605-0989
Harriet B Price director C/O FIRST COMMUNITY BANCSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
Richard Scott Johnson director C/O FIRST COMMUNITY BANKSHARES, INC., ONE COMMUNITY PLACE, BLUEFIELD VA 24605-0989
Beth Ann Taylor director C/O FIRST COMMUNITY BANKSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
Derek A Bonnett officer: Chief Risk Officer C/O FIRST COMMUNITY BANKSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
Samuel L Elmore director C/O FIRST COMMUNITY BANCSHARES, INC., P. O. BOX 989, BLUEFIELD VA 24605
Gary R Mills officer: Chief Credit Officer C/O FIRST COMMUNITY BANCSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
M Adam Sarver director C/O FIRST COMMUNITY BANCSHARES, INC, BLUEFIELD VA 24605
C William Davis director C/O FIRST COMMUNITY BANCSHARES INC, PO BOX 989, BLUEFIELD VA 24605
Sarah W Harmon officer: SVP & General Counsel C/O FIRST COMMUNITY BANKSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
E Stephen Lilly officer: Chief Operating Officer P O BOX 989, BLUEFIELD VA 24605
Jason R Belcher officer: SVP-Chief Risk Officer C/O FIRST COMMUNITY BANCSHARES, INC, PO BOX 989, BLUEFIELD VA 24605
Martyn A Pell officer: President-First Community Bank C/O FIRST COMMUNITY BANCSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
Robert L Schumacher officer: Chief Financial Officer
Robert L Buzzo officer: Vice President & Secretary