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MutualFirst Financial (MutualFirst Financial) Shiller PE Ratio : 16.36 (As of Apr. 25, 2024)


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What is MutualFirst Financial Shiller PE Ratio?

As of today (2024-04-25), MutualFirst Financial's current share price is $24.87. MutualFirst Financial's E10 for the quarter that ended in Dec. 2019 was $1.52. MutualFirst Financial's Shiller PE Ratio for today is 16.36.

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

MFSF's Shiller PE Ratio is not ranked *
in the Banks industry.
Industry Median: 10.395
* Ranked among companies with meaningful Shiller PE Ratio only.

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.

MutualFirst Financial's adjusted earnings per share data for the three months ended in Dec. 2019 was $0.770. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.52 for the trailing ten years ended in Dec. 2019.

Shiller PE for Stocks: The True Measure of Stock Valuation


MutualFirst Financial Shiller PE Ratio Historical Data

The historical data trend for MutualFirst 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.

MutualFirst Financial Shiller PE Ratio Chart

MutualFirst Financial Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.53 72.42 75.47 21.51 26.17

MutualFirst Financial Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 21.51 23.23 25.29 22.41 26.17

Competitive Comparison of MutualFirst Financial's Shiller PE Ratio

For the Banks - Regional subindustry, MutualFirst 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.


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

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

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



MutualFirst 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.

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

Shiller PE Ratio=Share Price/ E10
=24.87/1.52
=16.36

* 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.

MutualFirst Financial's E10 for the quarter that ended in Dec. 2019 is calculated as:

For example, MutualFirst Financial's adjusted earnings per share data for the three months ended in Dec. 2019 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2019 (Change)*Current CPI (Dec. 2019)
=0.77/108.4201*108.4201
=0.770

Current CPI (Dec. 2019) = 108.4201.

MutualFirst Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201003 0.130 91.821 0.154
201006 0.190 91.962 0.224
201009 0.170 92.162 0.200
201012 0.200 92.474 0.234
201103 -0.170 94.283 -0.195
201106 0.180 95.235 0.205
201109 0.090 95.727 0.102
201112 0.100 95.213 0.114
201203 0.150 96.783 0.168
201206 0.180 96.819 0.202
201209 0.260 97.633 0.289
201212 0.230 96.871 0.257
201303 0.220 98.209 0.243
201306 0.250 98.518 0.275
201309 0.300 98.790 0.329
201312 0.310 98.326 0.342
201403 0.270 99.695 0.294
201406 0.360 100.560 0.388
201409 0.370 100.428 0.399
201412 0.480 99.070 0.525
201503 0.330 99.621 0.359
201506 0.430 100.684 0.463
201509 0.430 100.392 0.464
201512 0.440 99.792 0.478
201603 0.310 100.470 0.335
201606 0.550 101.688 0.586
201609 0.470 101.861 0.500
201612 0.430 101.863 0.458
201703 0.430 102.862 0.453
201706 0.520 103.349 0.546
201709 0.500 104.136 0.521
201712 0.190 104.011 0.198
201803 0.500 105.290 0.515
201806 0.480 106.317 0.489
201809 0.620 106.507 0.631
201812 0.610 105.998 0.624
201903 0.600 107.251 0.607
201906 0.660 108.070 0.662
201909 0.710 108.329 0.711
201912 0.770 108.420 0.770

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.


MutualFirst Financial  (NAS:MFSF) 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.


MutualFirst Financial Shiller PE Ratio Related Terms

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MutualFirst Financial (MutualFirst Financial) Business Description

Traded in Other Exchanges
N/A
Address
110 East Charles Street, Muncie, IN, USA, 47305-2400
MutualFirst Financial Inc is a bank holding company. It offers services such as online banking, savings accounts, personal loans, credit cards, home equity financing, estate services, wealth management, retirement planning, and other banking services among others. The bank generates a majority of its revenue in the form of interest income.
Executives
David Wayne Heeter director, officer: President and CEO C/O MUTUALFIRST FINANCIAL, 110 EAST CHARLES ST, MUNCIE IN 473052400
Wilbur R Davis director 110 EAST CHARLES ST, MUNCIE IN 473052400
Richard J Lashley other: Director, Subsidiary Bank C/O PL CAPITAL, LLC, 47 E. CHICAGO AVE., SUITE 328, NAPERVILLE IL 60540