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1st Constitution Bancorp (1st Constitution Bancorp) Shiller PE Ratio : 21.54 (As of May. 11, 2024)


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What is 1st Constitution Bancorp Shiller PE Ratio?

As of today (2024-05-11), 1st Constitution Bancorp's current share price is $27.79. 1st Constitution Bancorp's E10 for the quarter that ended in Sep. 2021 was $1.29. 1st Constitution Bancorp's Shiller PE Ratio for today is 21.54.

The historical rank and industry rank for 1st Constitution Bancorp's Shiller PE Ratio or its related term are showing as below:

FCCY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.4   Med: 15.29   Max: 28.99
Current: 21.62

During the past years, 1st Constitution Bancorp's highest Shiller PE Ratio was 28.99. The lowest was 7.40. And the median was 15.29.

FCCY's Shiller PE Ratio is not ranked
in the Banks industry.
Industry Median: 10.37 vs FCCY: 21.62

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.

1st Constitution Bancorp's adjusted earnings per share data for the three months ended in Sep. 2021 was $0.530. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.29 for the trailing ten years ended in Sep. 2021.

Shiller PE for Stocks: The True Measure of Stock Valuation


1st Constitution Bancorp Shiller PE Ratio Historical Data

The historical data trend for 1st Constitution Bancorp'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.

1st Constitution Bancorp Shiller PE Ratio Chart

1st Constitution Bancorp Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.80 24.50 23.52 22.47 14.05

1st Constitution Bancorp Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 11.05 14.05 14.91 16.62 18.42

Competitive Comparison of 1st Constitution Bancorp's Shiller PE Ratio

For the Banks - Regional subindustry, 1st Constitution Bancorp'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.


1st Constitution Bancorp's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, 1st Constitution Bancorp's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where 1st Constitution Bancorp's Shiller PE Ratio falls into.



1st Constitution Bancorp 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.

1st Constitution Bancorp's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=27.79/1.29
=21.54

* 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.

1st Constitution Bancorp's E10 for the quarter that ended in Sep. 2021 is calculated as:

For example, 1st Constitution Bancorp's adjusted earnings per share data for the three months ended in Sep. 2021 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=0.53/115.7343*115.7343
=0.530

Current CPI (Sep. 2021) = 115.7343.

1st Constitution Bancorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201112 0.155 95.213 0.188
201203 0.200 96.783 0.239
201206 0.218 96.819 0.261
201209 0.227 97.633 0.269
201212 0.181 96.871 0.216
201303 0.200 98.209 0.236
201306 0.227 98.518 0.267
201309 0.227 98.790 0.266
201312 0.209 98.326 0.246
201403 0.086 99.695 0.100
201406 -0.057 100.560 -0.066
201409 0.267 100.428 0.308
201412 0.255 99.070 0.298
201503 0.280 99.621 0.325
201506 0.290 100.684 0.333
201509 0.300 100.392 0.346
201512 0.200 99.792 0.232
201603 0.270 100.470 0.311
201606 0.280 101.688 0.319
201609 0.330 101.861 0.375
201612 0.250 101.863 0.284
201703 0.230 102.862 0.259
201706 0.230 103.349 0.258
201709 0.300 104.136 0.333
201712 0.070 104.011 0.078
201803 0.340 105.290 0.374
201806 0.220 106.317 0.239
201809 0.460 106.507 0.500
201812 0.380 105.998 0.415
201903 0.390 107.251 0.421
201906 0.390 108.070 0.418
201909 0.420 108.329 0.449
201912 0.340 108.420 0.363
202003 0.330 108.902 0.351
202006 0.360 108.767 0.383
202009 0.480 109.815 0.506
202012 0.590 109.897 0.621
202103 0.480 111.754 0.497
202106 0.500 114.631 0.505
202109 0.530 115.734 0.530

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.


1st Constitution Bancorp  (NAS:FCCY) 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.


1st Constitution Bancorp Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of 1st Constitution Bancorp's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


1st Constitution Bancorp (1st Constitution Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2650 Route 130, P.O. Box 634, Cranbury, NJ, USA, 08512
1st Constitution Bancorp is a United States-based bank holding company. Through its subsidiaries, it provides commercial and retail banking. It mainly provides its services to individuals, families, institutions, and small businesses in central and coastal New Jersey and the Fort Lee area of Bergen County. Its loan portfolio segment includes residential real estate loans, home equity loans, and other loans to individuals. It operates in a single segment, which is Community Banking.
Executives
Crow Charles S Iii director
Naqi A Naqvi officer: Senior VP and CAO 23 GREEN RIDGE MANALAPAN NJ 07726
John T Andreacio officer: Chief Lending Officer and EVP KNBT BANCORP, INC. 90 HIGHLAND AVENUE BETHLEHEM PA 18017
Stephen J Gilhooly officer: SVP, CFO and Treasurer 1ST CONSTITUTION BANCORP 2650 ROUTE 130 CRANBURY NJ 08512
Carmen M Penta director C/O 1ST CONSTITUTION BANCORP 2650 ROUTE 130 CRANBURY NJ 08512
Edwin J Pisani director C/O 1ST CONSTITUTION BANCORP 2650 ROUTE 130 CRANBURY NJ 08512
William M Rue director 40 WANTAGE AVE, BRANCHVILLE NJ 07890
William James Barrett director C/O 1ST CONSTITUTION BANCORP 2650 ROUTE 130 CRANBURY NJ 08512
Roy D Tartaglia director C/O 1ST CONSTITUTION BANK 2650 ROUTE 130 CRANBURY NJ 08512
James G Aaron director C/O 1ST CONSTITUTION BANK 2650 ROUTE 130 CRANBURY NJ 08512
J. Lynne Cannon director 1ST CONSTITUTION BANCORP 2650 ROUTE 130 CRANBURY NJ 08512
Antonio L. Cruz director 1ST CONSTITUTION BANCORP 2650 ROUTE 130 CRANBURY NJ 08512
Raymond R. Ciccone director C/O 1ST CONSTITUTION BANCORP 2650 ROUTE 130 CRANBURY NJ 08512
Robert F Mangano director, officer: President and CEO C/O 1ST CONSTITUTION BANCORP, 2650 ROUTE 130, CRANBURY NJ 08512
Walsh Frank E. Iii director 330 SOUTH STREET, SUITE 4, MORRISTOWN NJ 07960

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