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MainSource Financial Group (MainSource Financial Group) Shiller PE Ratio : 47.27 (As of Apr. 26, 2024)


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What is MainSource Financial Group Shiller PE Ratio?

As of today (2024-04-26), MainSource Financial Group's current share price is $40.65. MainSource Financial Group's E10 for the quarter that ended in Dec. 2017 was $0.86. MainSource Financial Group's Shiller PE Ratio for today is 47.27.

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

MSFG's Shiller PE Ratio is not ranked *
in the Banks industry.
Industry Median: 10.305
* 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.

MainSource Financial Group's adjusted earnings per share data for the three months ended in Dec. 2017 was $0.640. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.86 for the trailing ten years ended in Dec. 2017.

Shiller PE for Stocks: The True Measure of Stock Valuation


MainSource Financial Group Shiller PE Ratio Historical Data

The historical data trend for MainSource Financial Group'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.

MainSource Financial Group Shiller PE Ratio Chart

MainSource Financial Group Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.35 28.15 30.04 43.75 42.33

MainSource Financial Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 43.75 40.73 41.04 43.51 42.33

Competitive Comparison of MainSource Financial Group's Shiller PE Ratio

For the Banks - Regional subindustry, MainSource Financial Group'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.


MainSource Financial Group's Shiller PE Ratio Distribution in the Banks Industry

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

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



MainSource Financial Group 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.

MainSource Financial Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=40.65/0.86
=47.27

* 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.

MainSource Financial Group's E10 for the quarter that ended in Dec. 2017 is calculated as:

For example, MainSource Financial Group's adjusted earnings per share data for the three months ended in Dec. 2017 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2017 (Change)*Current CPI (Dec. 2017)
=0.64/104.0111*104.0111
=0.640

Current CPI (Dec. 2017) = 104.0111.

MainSource Financial Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200803 0.340 90.090 0.393
200806 0.330 92.320 0.372
200809 0.280 92.307 0.316
200812 0.050 88.697 0.059
200903 0.030 89.744 0.035
200906 -1.930 91.003 -2.206
200909 0.030 91.120 0.034
200912 -1.460 91.111 -1.667
201003 0.120 91.821 0.136
201006 0.070 91.962 0.079
201009 0.190 92.162 0.214
201012 0.200 92.474 0.225
201103 0.190 94.283 0.210
201106 0.340 95.235 0.371
201109 0.240 95.727 0.261
201112 0.260 95.213 0.284
201203 0.320 96.783 0.344
201206 0.320 96.819 0.344
201209 0.320 97.633 0.341
201212 0.340 96.871 0.365
201303 0.190 98.209 0.201
201306 0.350 98.518 0.370
201309 0.360 98.790 0.379
201312 0.360 98.326 0.381
201403 0.300 99.695 0.313
201406 0.380 100.560 0.393
201409 0.410 100.428 0.425
201412 0.300 99.070 0.315
201503 0.350 99.621 0.365
201506 0.440 100.684 0.455
201509 0.420 100.392 0.435
201512 0.410 99.792 0.427
201603 0.400 100.470 0.414
201606 0.270 101.688 0.276
201609 0.480 101.861 0.490
201612 0.490 101.863 0.500
201703 0.490 102.862 0.495
201706 0.380 103.349 0.382
201709 0.430 104.136 0.429
201712 0.640 104.011 0.640

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.


MainSource Financial Group  (NAS:MSFG) 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.


MainSource Financial Group Shiller PE Ratio Related Terms

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MainSource Financial Group (MainSource Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
MainSource Financial Group Inc through its banks provides financial services which include accepting time and transaction deposits, making consumer, commercial, agribusiness and real estate mortgage loans, renting safe deposit facilities and among others.
Executives
Kathleen Bardwell director 9 BLACKBERRY DRIVE, HUDSON OH 44236
William G Barron director 255 E FIFTH STREET, CINCINNATI OH 45202
Thomas Murray Obrien director 255 E FIFTH STREET, CINCINNATI OH 45202
Vince Berta director 255 E FIFTH STREET, CINCINNATI OH 45202
Erin Hoeflinger director 511 FALLVIEW COURT, SPRINGBORO OH 45066
Brown Archie M Jr director, officer: Chairman, President and CEO 255 E FIFTH STREET, CINCINNATI OH 45202
James M Anderson officer: EVP and CFO
Karen B Woods officer: EVP, Chief Risk Officer 255 E. FIFTH STREET, CINCINNATI OH 45202
Brian J Crall director 101 PORTSMOUTH LANE, FRANKFORT KY 40601
Douglas I Kunkel director 32 CALLERY PEAR DR, BATESVILLE IN 47006
Donald A Benziger officer: Sr. Vice President & CFO RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374