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Credito Emiliano (MIL:CE) Shiller PE Ratio : 11.61 (As of May. 21, 2024)


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What is Credito Emiliano Shiller PE Ratio?

As of today (2024-05-21), Credito Emiliano's current share price is €9.87. Credito Emiliano's E10 for the quarter that ended in Mar. 2024 was €0.85. Credito Emiliano's Shiller PE Ratio for today is 11.61.

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

MIL:CE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.34   Med: 10.23   Max: 12.84
Current: 11.6

During the past years, Credito Emiliano's highest Shiller PE Ratio was 12.84. The lowest was 7.34. And the median was 10.23.

MIL:CE's Shiller PE Ratio is ranked worse than
60.7% of 1140 companies
in the Banks industry
Industry Median: 10.335 vs MIL:CE: 11.60

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.

Credito Emiliano's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.473. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Credito Emiliano Shiller PE Ratio Historical Data

The historical data trend for Credito Emiliano'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.

Credito Emiliano Shiller PE Ratio Chart

Credito Emiliano 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 11.64 9.19 10.15 9.55 9.78

Credito Emiliano Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.50 9.37 9.78 9.78 10.88

Competitive Comparison of Credito Emiliano's Shiller PE Ratio

For the Banks - Regional subindustry, Credito Emiliano'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.


Credito Emiliano's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Credito Emiliano's Shiller PE Ratio falls into.



Credito Emiliano 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.

Credito Emiliano's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9.87/0.85
=11.61

* 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.

Credito Emiliano's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Credito Emiliano's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.473/120.2000*120.2000
=0.473

Current CPI (Mar. 2024) = 120.2000.

Credito Emiliano Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.127 100.093 0.153
201409 0.089 99.814 0.107
201412 0.070 99.721 0.084
201503 0.254 99.814 0.306
201506 0.107 100.279 0.128
201509 0.093 100.000 0.112
201512 0.048 99.814 0.058
201603 0.141 99.600 0.170
201606 0.072 99.900 0.087
201609 0.099 100.100 0.119
201612 0.087 100.300 0.104
201703 0.148 101.000 0.176
201706 0.158 101.100 0.188
201709 0.137 101.200 0.163
201712 0.121 101.200 0.144
201803 0.165 101.800 0.195
201806 0.122 102.400 0.143
201809 0.169 102.600 0.198
201812 0.108 102.300 0.127
201903 0.135 102.800 0.158
201906 0.171 103.100 0.199
201909 0.170 102.900 0.199
201912 0.132 102.800 0.154
202003 0.123 102.900 0.144
202006 0.112 102.900 0.131
202009 0.185 102.300 0.217
202012 0.189 102.600 0.221
202103 0.187 103.700 0.217
202106 0.224 104.200 0.258
202109 0.421 104.900 0.482
202112 0.225 106.600 0.254
202203 0.234 110.400 0.255
202206 0.227 112.500 0.243
202209 0.202 114.200 0.213
202212 0.278 119.000 0.281
202303 0.397 118.800 0.402
202306 0.483 119.700 0.485
202309 0.414 120.300 0.414
202312 0.362 119.700 0.364
202403 0.473 120.200 0.473

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.


Credito Emiliano  (MIL:CE) 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.


Credito Emiliano Shiller PE Ratio Related Terms

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Credito Emiliano (MIL:CE) Business Description

Traded in Other Exchanges
Address
Via Emilia San Pietro No. 4, Reggio Emilia, ITA, 42100
Credito Emiliano is a banking group that consists of several financial services companies. The group operates in multiple regions throughout Italy, particularly in the north and central portions of the country. Its activities principally include commercial banking, including retail services and small and medium enterprise banking, asset management, bancassurance as well as Trading services, and treasury. The group's distribution network targeting retail and corporate banking customers includes branches, business centers, and financial outlets. Its wealth management activities include mutual fund management, portfolio management, as well as private equity and hedge fund offerings. The bank's funding sources derive from direct bank deposits, insurance reserves, and assets under management.

Credito Emiliano (MIL:CE) Headlines