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Huntington Bancshares (Huntington Bancshares) Shiller PE Ratio

: 11.26 (As of Today)
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As of today (2024-04-19), Huntington Bancshares's current share price is $13.18. Huntington Bancshares's E10 for the quarter that ended in Dec. 2023 was $1.17. Huntington Bancshares's Shiller PE Ratio for today is 11.26.

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

HBAN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8   Med: 14.02   Max: 290.33
Current: 11.27

During the past years, Huntington Bancshares's highest Shiller PE Ratio was 290.33. The lowest was 8.00. And the median was 14.02.

HBAN's Shiller PE Ratio is ranked worse than
59.29% of 1125 companies
in the Banks industry
Industry Median: 10.2 vs HBAN: 11.27

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.

Huntington Bancshares's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huntington Bancshares Shiller PE Ratio Historical Data

The historical data trend for Huntington Bancshares'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.

Huntington Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.85 13.97 15.62 12.77 10.86

Huntington Bancshares 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 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 Premium Member Only Premium Member Only Premium Member Only 12.77 9.83 9.26 8.79 10.86

Competitive Comparison

For the Banks - Regional subindustry, Huntington Bancshares'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.


Huntington Bancshares Shiller PE Ratio Distribution

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

* The bar in red indicates where Huntington Bancshares's Shiller PE Ratio falls into.



Huntington Bancshares 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.

Huntington Bancshares's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=13.18/1.17
=11.26

* 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.

Huntington Bancshares's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Huntington Bancshares'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)
=0.15/129.4194*129.4194
=0.150

Current CPI (Dec. 2023) = 129.4194.

Huntington Bancshares Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.170 99.695 0.221
201406 0.190 100.560 0.245
201409 0.180 100.428 0.232
201412 0.190 99.070 0.248
201503 0.190 99.621 0.247
201506 0.230 100.684 0.296
201509 0.180 100.392 0.232
201512 0.210 99.792 0.272
201603 0.200 100.470 0.258
201606 0.190 101.688 0.242
201609 0.110 101.861 0.140
201612 0.180 101.863 0.229
201703 0.170 102.862 0.214
201706 0.230 103.349 0.288
201709 0.230 104.136 0.286
201712 0.370 104.011 0.460
201803 0.280 105.290 0.344
201806 0.300 106.317 0.365
201809 0.330 106.507 0.401
201812 0.290 105.998 0.354
201903 0.320 107.251 0.386
201906 0.330 108.070 0.395
201909 0.340 108.329 0.406
201912 0.280 108.420 0.334
202003 0.030 108.902 0.036
202006 0.130 108.767 0.155
202009 0.270 109.815 0.318
202012 0.270 109.897 0.318
202103 0.480 111.754 0.556
202106 -0.050 114.631 -0.056
202109 0.220 115.734 0.246
202112 0.260 117.630 0.286
202203 0.290 121.301 0.309
202206 0.350 125.017 0.362
202209 0.390 125.227 0.403
202212 0.420 125.222 0.434
202303 0.390 127.348 0.396
202306 0.350 128.729 0.352
202309 0.350 129.860 0.349
202312 0.150 129.419 0.150

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.


Huntington Bancshares  (NAS:HBAN) 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.


Huntington Bancshares Shiller PE Ratio Related Terms

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Huntington Bancshares (Huntington Bancshares) Business Description

Address
41 South High Street, Huntington Center, Columbus, OH, USA, 43287
Huntington Bancshares is a regional bank holding company headquartered in Columbus, Ohio. The bank has a network of branches and ATMs across eight Midwestern states. Founded in 1866, Huntington National Bank and its affiliates provide consumer, small-business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. Huntington also provides auto dealer, equipment finance, national settlement, and capital market services that extend beyond its core states.
Executives
Helga Houston officer: Senior Exec. V. P. 516 S. NEW HOPE ROAD, P.O. BOX 2636, GASTONIA NC 28053
Donnell R White officer: Chief DEI Officer, SVP 333 W FORT STREET, SUITE 1800, DETROIT MI 48226
Marcy C Hingst officer: SEVP and General Counsel HUNTINGTON CENTER, 41 S HIGH STREET, COLUMBUS OH 43287
Paul G Heller officer: Sr. EVP & Chief Technology and HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215
Rafael Diaz-granados director HUNTINGTON CENTER, 41 S HIGH STREET, COLUMBUS OH 43287
Gary Torgow director 235 EAST MAIN STREET, MIDLAND MI 48640
Zachary Jacob Wasserman officer: CFO and Senior Exec. VP HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215
Kenneth J Phelan director HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215
David L Porteous director P.O. BOX 44, REED CITY MI 49677
Michael Scott Jones officer: SEVP of Significant Subsidiary 200 LAKE STREET EAST, WAYZATA MN 55391
Donald Lee Dennis officer: EVP of Principal Subsidiary HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215
Scott D Kleinman officer: Sr. EVP of Principal Sub. HUNTINGTON BANCSHARES INCORPORATED, 41 SOUTH HIGH STREET, COLUMBUS OH 43287
Steven Lee Rhodes officer: EVP of Principal Subsidiary HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215
Richard H King director 200 LAKE STREET EAST, WAYZATA MN 55391
Stephen D Steinour director, officer: President, CEO & Chairman C/O KEANE INC, TEN CITY SQ, BOSTON MA 02129