GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Close Brothers Group PLC (OTCPK:CBGPY) » Definitions » Shiller PE Ratio
中文

Close Brothers Group (Close Brothers Group) Shiller PE Ratio : 3.30 (As of Apr. 25, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Close Brothers Group Shiller PE Ratio?

As of today (2024-04-25), Close Brothers Group's current share price is $11.44. Close Brothers Group's E10 for the fiscal year that ended in Jul23 was $3.47. Close Brothers Group's Shiller PE Ratio for today is 3.30.

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

CBGPY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.23   Med: 16.19   Max: 23.77
Current: 3.47

During the past 13 years, Close Brothers Group's highest Shiller PE Ratio was 23.77. The lowest was 2.23. And the median was 16.19.

CBGPY's Shiller PE Ratio is ranked better than
95.9% of 1122 companies
in the Banks industry
Industry Median: 10.305 vs CBGPY: 3.47

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.

Close Brothers Group's adjusted earnings per share data of for the fiscal year that ended in Jul23 was $1.397. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.47 for the trailing ten years ended in Jul23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Close Brothers Group Shiller PE Ratio Historical Data

The historical data trend for Close Brothers 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.

Close Brothers Group Shiller PE Ratio Chart

Close Brothers Group Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.20 10.57 13.08 8.49 6.86

Close Brothers Group Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - 8.49 - 6.86 -

Competitive Comparison of Close Brothers Group's Shiller PE Ratio

For the Banks - Regional subindustry, Close Brothers 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.


Close Brothers Group's Shiller PE Ratio Distribution in the Banks Industry

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

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



Close Brothers 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.

Close Brothers Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=11.44/3.47
=3.30

* 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.

Close Brothers Group's E10 for the fiscal year that ended in Jul23 is calculated as:

For example, Close Brothers Group's adjusted earnings per share data for the fiscal year that ended in Jul23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jul23 (Change)*Current CPI (Jul23)
=1.397/129.0000*129.0000
=1.397

Current CPI (Jul23) = 129.0000.

Close Brothers Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201407 3.413 99.600 4.420
201507 3.857 100.000 4.976
201607 3.267 100.900 4.177
201707 3.316 103.500 4.133
201807 3.521 105.900 4.289
201907 3.300 108.000 3.942
202007 1.842 109.200 2.176
202107 3.691 111.400 4.274
202207 2.635 121.200 2.805
202307 1.397 129.000 1.397

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.


Close Brothers Group  (OTCPK:CBGPY) 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.


Close Brothers Group Shiller PE Ratio Related Terms

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


Close Brothers Group (Close Brothers Group) Business Description

Traded in Other Exchanges
Address
10 Crown Place, London, GBR, EC2A 4FT
Close Brothers Group PLC is a merchant banking group providing lending, deposit solutions, wealth management services, and securities trading. The company mostly provides services to small businesses and individuals in the United Kingdom. Its strategy focuses on niche markets to drive high levels of repeat business with clients. The company distributes its service offerings with a direct salesforce and an intermediated distribution network. Its banking division provides asset, invoice, motor, premium, and property finance. Close Brothers' security business is primarily a liquidity provider to U.K. retail stockbrokers and institutions. The group's asset management division offers financial planning and investment management services.

Close Brothers Group (Close Brothers Group) Headlines

From GuruFocus

A Close Encounter With a Merchant Bank

By Praveen Chawla 06-06-2022

Close Brothers Group PLC's Dividend Analysis

By GuruFocus Research 10-18-2023