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Flushing Financial (Flushing Financial) Shiller PE Ratio : 5.67 (As of Apr. 25, 2024)


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What is Flushing Financial Shiller PE Ratio?

As of today (2024-04-25), Flushing Financial's current share price is $11.68. Flushing Financial's E10 for the quarter that ended in Dec. 2023 was $2.06. Flushing Financial's Shiller PE Ratio for today is 5.67.

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

FFIC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.52   Med: 14.48   Max: 21.57
Current: 5.67

During the past years, Flushing Financial's highest Shiller PE Ratio was 21.57. The lowest was 4.52. And the median was 14.48.

FFIC's Shiller PE Ratio is ranked better than
85.83% of 1122 companies
in the Banks industry
Industry Median: 10.305 vs FFIC: 5.67

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.

Flushing Financial's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flushing Financial Shiller PE Ratio Historical Data

The historical data trend for Flushing 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.

Flushing Financial Shiller PE Ratio Chart

Flushing 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 13.45 10.42 13.25 9.41 8.01

Flushing 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 9.41 7.16 5.89 6.28 8.01

Competitive Comparison of Flushing Financial's Shiller PE Ratio

For the Banks - Regional subindustry, Flushing 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.


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

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

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



Flushing 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.

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

Shiller PE Ratio=Share Price/ E10
=11.68/2.06
=5.67

* 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.

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

For example, Flushing 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)
=0.27/129.4194*129.4194
=0.270

Current CPI (Dec. 2023) = 129.4194.

Flushing Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.340 99.695 0.441
201406 0.390 100.560 0.502
201409 0.380 100.428 0.490
201412 0.380 99.070 0.496
201503 0.300 99.621 0.390
201506 0.510 100.684 0.656
201509 0.380 100.392 0.490
201512 0.400 99.792 0.519
201603 0.330 100.470 0.425
201606 1.050 101.688 1.336
201609 0.370 101.861 0.470
201612 0.500 101.863 0.635
201703 0.420 102.862 0.528
201706 0.440 103.349 0.551
201709 0.350 104.136 0.435
201712 0.210 104.011 0.261
201803 0.390 105.290 0.479
201806 0.480 106.317 0.584
201809 0.610 106.507 0.741
201812 0.440 105.998 0.537
201903 0.250 107.251 0.302
201906 0.370 108.070 0.443
201909 0.370 108.329 0.442
201912 0.450 108.420 0.537
202003 -0.050 108.902 -0.059
202006 0.630 108.767 0.750
202009 0.500 109.815 0.589
202012 0.110 109.897 0.130
202103 0.600 111.754 0.695
202106 0.610 114.631 0.689
202109 0.810 115.734 0.906
202112 0.580 117.630 0.638
202203 0.580 121.301 0.619
202206 0.810 125.017 0.839
202209 0.760 125.227 0.785
202212 0.340 125.222 0.351
202303 0.130 127.348 0.132
202306 0.290 128.729 0.292
202309 0.260 129.860 0.259
202312 0.270 129.419 0.270

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.


Flushing Financial  (NAS:FFIC) 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.


Flushing Financial Shiller PE Ratio Related Terms

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


Flushing Financial (Flushing Financial) Business Description

Traded in Other Exchanges
Address
220 RXR Plaza, Uniondale, NY, USA, 11556
Flushing Financial Corp operates as a bank holding company, which is engaged in the provision of banking and financial services. The bank serves consumers, businesses, professionals, corporate clients, and public entities by offering a full complement of deposit, loan, equipment finance, and cash management services through its banking offices. Its principal business is attracting retail deposits from the general public and investing those deposits together with funds generated from ongoing operations and borrowings, primarily in originations and purchases of multi-family residential properties, commercial business loans, commercial real estate mortgage loans, construction loans, small business administration loans and other small business loans.
Executives
Steven J Diorio director 220 RXR PLAZA, UNIONDALE NY 11556
Maria A Grasso officer: Executive VP & COO 220 RXR PLAZA, UNIONDALE NY 11556
Louis C Grassi director 220 RXR PLAZA, UNIONDALE NY 11556
Francis W Korzekwinski officer: Senior Vice President 220 RXR PLAZA, UNIONDALE NY 11556
Theresa Kelly officer: Senior Vice President 220 RXR PLAZA, UNIONDALE NY 11556
Douglas J Mcclintock officer: SEVP 220 RXR PLAZA, UNIONDALE NY 11556
John R Buran officer: Executive Vice President & COO 220 RXR PLAZA, UNIONDALE NY 11556
Susan Cullen officer: Executive Vice President 220 RXR PLAZA, UNIONDALE NY 11556
Thomas Buonaiuto officer: Senior Executive Vice Presiden ONE SUFFOLK SQUARE, 1601 VETERANS MEMORIAL HWY, ISLANDIA NY 11749
Douglas C Manditch director ONE SUFFOLK SQUARE, 1601 VETERANS MEMORIAL HWY, ISLANDIA NY 11749
Michael A Azarian director 220 RXR PLAZA, UNIONDALE NY 11556
Han Sam Sang Ki director 220 RXR PLAZA, UNIONDALE NY 11556
Donna M Obrien director 220 RXR PLAZA, UNIONDALE NY 11556
Roe John E Sr director 220 RXR PLAZA, UNIONDALE NY 11556
James Davison Bennett director 220 RXR PLAZA, UNIONDALE NY 11556