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Peapack Gladstone Financial (Peapack Gladstone Financial) Shiller PE Ratio : 9.02 (As of Apr. 25, 2024)


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What is Peapack Gladstone Financial Shiller PE Ratio?

As of today (2024-04-25), Peapack Gladstone Financial's current share price is $22.92. Peapack Gladstone Financial's E10 for the quarter that ended in Dec. 2023 was $2.54. Peapack Gladstone Financial's Shiller PE Ratio for today is 9.02.

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

PGC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.45   Med: 20.28   Max: 44.64
Current: 9.02

During the past years, Peapack Gladstone Financial's highest Shiller PE Ratio was 44.64. The lowest was 8.45. And the median was 20.28.

PGC's Shiller PE Ratio is ranked better than
62.03% of 1122 companies
in the Banks industry
Industry Median: 10.395 vs PGC: 9.02

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.

Peapack Gladstone Financial's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.480. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.54 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Peapack Gladstone Financial Shiller PE Ratio Historical Data

The historical data trend for Peapack Gladstone 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.

Peapack Gladstone Financial Shiller PE Ratio Chart

Peapack Gladstone 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 19.47 13.67 18.36 16.05 11.75

Peapack Gladstone Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12.25 10.88 10.14 11.75 -

Competitive Comparison of Peapack Gladstone Financial's Shiller PE Ratio

For the Banks - Regional subindustry, Peapack Gladstone 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.


Peapack Gladstone Financial's Shiller PE Ratio Distribution in the Banks Industry

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

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



Peapack Gladstone 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.

Peapack Gladstone Financial's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=22.92/2.54
=9.02

* 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.

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

For example, Peapack Gladstone 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)
=0.48/129.4194*129.4194
=0.480

Current CPI (Dec. 2023) = 129.4194.

Peapack Gladstone Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.260 99.695 0.338
201406 0.320 100.560 0.412
201409 0.320 100.428 0.412
201412 0.320 99.070 0.418
201503 0.330 99.621 0.429
201506 0.340 100.684 0.437
201509 0.350 100.392 0.451
201512 0.280 99.792 0.363
201603 0.340 100.470 0.438
201606 0.400 101.688 0.509
201609 0.430 101.861 0.546
201612 0.430 101.863 0.546
201703 0.460 102.862 0.579
201706 0.450 103.349 0.564
201709 0.560 104.136 0.696
201712 0.560 104.011 0.697
201803 0.570 105.290 0.701
201806 0.620 106.317 0.755
201809 0.560 106.507 0.680
201812 0.550 105.998 0.672
201903 0.580 107.251 0.700
201906 0.590 108.070 0.707
201909 0.630 108.329 0.753
201912 0.640 108.420 0.764
202003 0.070 108.902 0.083
202006 0.430 108.767 0.512
202009 0.710 109.815 0.837
202012 0.160 109.897 0.188
202103 0.670 111.754 0.776
202106 0.740 114.631 0.835
202109 0.740 115.734 0.828
202112 0.780 117.630 0.858
202203 0.710 121.301 0.758
202206 1.080 125.017 1.118
202209 1.090 125.227 1.126
202212 1.120 125.222 1.158
202303 1.010 127.348 1.026
202306 0.730 128.729 0.734
202309 0.490 129.860 0.488
202312 0.480 129.419 0.480

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.


Peapack Gladstone Financial  (NAS:PGC) 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.


Peapack Gladstone Financial Shiller PE Ratio Related Terms

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


Peapack Gladstone Financial (Peapack Gladstone Financial) Business Description

Traded in Other Exchanges
N/A
Address
500 Hills Drive, Suite 300, Bedminster, NJ, USA, 07921
Peapack Gladstone Financial Corp provides banking services. It operates through two segments namely Banking, which involves the delivery of loans and deposits, and Peapack Private Division which includes asset management services. The banking segment includes commercial real estate, multifamily, residential and consumer lending, deposit generation, and internet banking services. Peapack Private includes asset management services for individuals and institutions; personal trust services, administrator, custodian and guardian, and other financial planning and advisory services.
Executives
Stuart M. Vorcheimer officer: EVP, Comm & Ind Lndg 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921
Frank A. Cavallaro officer: SEVP & Chief Financial Officer 132 YALE AVENUE, SOMERDALE NJ 08083
Patrick Campion director C/O ANJIE LAROCCA, DEUTSCHE ASSET MGMT, 345 PARK AVENUE, NEW YORK NY 10154
John P Babcock officer: SEVP & Pres of Priv Wealth Mgt 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921
Anthony W. Spinelli director 500 HILLS DRIVE, SUITE 300, P.O. BOX 700, BEDMINSTER NJ 07921
Robert A. Plante officer: EVP, Chief Operating Officer 500 HILLS DRIVE, SUITE 300, P.O. BOX 700, BEDMINSTER NJ 07921
Carmen M Bowser director 1170 PEACHTREE STREET NE, SUITE 600, ATLANTA GA 30309
F Duffield Meyercord director
Douglas L Kennedy director, officer: President & CEO C/O PEAPACK GLADSTONE FINANCIAL CORP, 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921-1538
Francesco S Rossi officer: SVP/Chief Accounting Officer 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921
Vincent A Spero officer: EVP, Head of Comml Real Estate 190 MAIN STREET, PO BOX 178, GLADSTONE NJ 07934
Peter D. Horst director 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921
Steven A Kass director 226 LANDIS AVENUE, VINELAND NJ 08360
Jeffrey J Carfora officer: SEVP & Chief Financial Officer C/O PENNFED FINANCIAL SERVICES INC, 622 EAGLE ROCK AVENUE, WEST ORANGE NJ 07052
Gregory Martin Smith officer: EVP, Head of Comml Banking 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921