GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Arrow Financial Corp (NAS:AROW) » Definitions » Shiller PE Ratio
中文

Arrow Financial (Arrow Financial) Shiller PE Ratio : 9.45 (As of Apr. 25, 2024)


View and export this data going back to 1984. Start your Free Trial

What is Arrow Financial Shiller PE Ratio?

As of today (2024-04-25), Arrow Financial's current share price is $22.97. Arrow Financial's E10 for the quarter that ended in Dec. 2023 was $2.43. Arrow Financial's Shiller PE Ratio for today is 9.45.

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

AROW' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.99   Med: 15.43   Max: 23.19
Current: 9.45

During the past years, Arrow Financial's highest Shiller PE Ratio was 23.19. The lowest was 6.99. And the median was 15.43.

AROW's Shiller PE Ratio is ranked better than
56.6% of 1122 companies
in the Banks industry
Industry Median: 10.305 vs AROW: 9.45

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.

Arrow Financial's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.43 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arrow Financial Shiller PE Ratio Historical Data

The historical data trend for Arrow Financial'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.

Arrow Financial Shiller PE Ratio Chart

Arrow Financial 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 19.35 14.89 15.83 14.03 11.52

Arrow Financial 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 14.03 10.10 8.10 6.99 11.52

Competitive Comparison of Arrow Financial's Shiller PE Ratio

For the Banks - Regional subindustry, Arrow Financial'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.


Arrow Financial's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Arrow Financial's Shiller PE Ratio falls into.



Arrow Financial 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.

Arrow Financial's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=22.97/2.43
=9.45

* 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.

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

For example, Arrow Financial'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)
=0.46/129.4194*129.4194
=0.460

Current CPI (Dec. 2023) = 129.4194.

Arrow Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.325 99.695 0.422
201406 0.341 100.560 0.439
201409 0.379 100.428 0.488
201412 0.387 99.070 0.506
201503 0.355 99.621 0.461
201506 0.387 100.684 0.497
201509 0.366 100.392 0.472
201512 0.403 99.792 0.523
201603 0.398 100.470 0.513
201606 0.398 101.688 0.507
201609 0.402 101.861 0.511
201612 0.398 101.863 0.506
201703 0.394 102.862 0.496
201706 0.435 103.349 0.545
201709 0.449 104.136 0.558
201712 0.486 104.011 0.605
201803 0.509 105.290 0.626
201806 0.578 106.317 0.704
201809 0.551 106.507 0.670
201812 0.518 105.998 0.632
201903 0.515 107.251 0.621
201906 0.533 108.070 0.638
201909 0.595 108.329 0.711
201912 0.578 108.420 0.690
202003 0.485 108.902 0.576
202006 0.540 108.767 0.643
202009 0.650 109.815 0.766
202012 0.741 109.897 0.873
202103 0.782 111.754 0.906
202106 0.782 114.631 0.883
202109 0.757 115.734 0.847
202112 0.594 117.630 0.654
202203 0.738 121.301 0.787
202206 0.699 125.017 0.724
202209 0.720 125.227 0.744
202212 0.709 125.222 0.733
202303 0.505 127.348 0.513
202306 0.350 128.729 0.352
202309 0.460 129.860 0.458
202312 0.460 129.419 0.460

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.


Arrow Financial  (NAS:AROW) 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.


Arrow Financial Shiller PE Ratio Related Terms

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


Arrow Financial (Arrow Financial) Business Description

Traded in Other Exchanges
Address
250 Glen Street, Glens Falls, NY, USA, 12801
Arrow Financial Corp is a holding company. The company provides various advisory and administrative services and coordinates the general policies and operations of the banks. It provides financial products, including online and mobile banking, mortgages, commercial loans, investments, and others. The company also provides lending services including commercial and industrial lending primarily to small and mid-sized companies; mortgage lending for residential and commercial properties; and consumer installment and home equity financing. The key source of company's revenue is interest income, fees, commission earned through its subsidiaries.
Executives
Andrew J Wise officer: SVP, Chief Operating Officer 250 GLEN STREET, GLENS FALLS NY 12801
David D Kaiser officer: SVP AMETHYST DRIVE, QUEENSBURY NY 12804
Read Colin L director 81 BLAIR ROAD, PLATTSBURGH NY 12901
William L Owens director 42 BLUE HERRON WAY, PLATTSBURGH NY 12901
Elizabeth Miller director 250 GLEN STREET, GLENS FALLS NY 12801
Gary C Dake director 514 LOCUST GROVE ROAD, GREENFIELD CENTER NY 12833
Mark Behan director 250 GLEN STREET, GLENS FALLS NY 12801
Penko Krassimir Ivanov officer: EVP, Treasurer and CFO C/O ARROW FINANCIAL CORPORATION, 250 GLEN STREET, GLENS FALLS NY 12801
David S. Demarco officer: Senior Vice President 7 INGERSOL ROAD, SARATOGA SPRINGS NY 12866
Raymond F O'conor officer: Senior Vice President 7 ROLLING GREEN DRIVE, WILTON NY 12831
Gregory J Champion director 250 GLEN STREET, GLENS FALLS NY 12801
Thomas L Hoy director ARROW FINANCIAL CORPORATION, 250 GLEN STREET, GLENS FALLS NY 12801
Reisman Richard J Dmd director 9 ST. ANDREWS DRIVE, QUEENSBURY NY 12804
Edward J Campanella officer: SVP, Treasurer & CFO 42 MAXWELL ROAD, LATHAM NY 12110
Michael B Clarke director 58 CHRISTIANA COURT, LAKE GEORGE NY 12845

Arrow Financial (Arrow Financial) Headlines

From GuruFocus