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Laurentian Bank of Canada (Laurentian Bank of Canada) Shiller PE Ratio

: 5.52 (As of Today)
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As of today (2024-04-19), Laurentian Bank of Canada's current share price is $18.65. Laurentian Bank of Canada's E10 for the quarter that ended in Jan. 2024 was $3.38. Laurentian Bank of Canada's Shiller PE Ratio for today is 5.52.

The historical rank and industry rank for Laurentian Bank of Canada's Shiller PE Ratio or its related term are showing as below:

LRCDF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.5   Med: 9.62   Max: 13.37
Current: 5.69

During the past years, Laurentian Bank of Canada's highest Shiller PE Ratio was 13.37. The lowest was 5.50. And the median was 9.62.

LRCDF's Shiller PE Ratio is ranked better than
86.77% of 1126 companies
in the Banks industry
Industry Median: 10.18 vs LRCDF: 5.69

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.

Laurentian Bank of Canada's adjusted earnings per share data for the three months ended in Jan. 2024 was $0.559. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.38 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Laurentian Bank of Canada Shiller PE Ratio Historical Data

The historical data trend for Laurentian Bank of Canada'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.

Laurentian Bank of Canada Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.33 5.73 9.60 6.73 5.57

Laurentian Bank of Canada Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 7.96 7.09 8.66 5.57 5.90

Competitive Comparison

For the Banks - Regional subindustry, Laurentian Bank of Canada'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.


Laurentian Bank of Canada Shiller PE Ratio Distribution

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

* The bar in red indicates where Laurentian Bank of Canada's Shiller PE Ratio falls into.



Laurentian Bank of Canada 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.

Laurentian Bank of Canada's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=18.65/3.38
=5.52

* 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.

Laurentian Bank of Canada's E10 for the quarter that ended in Jan. 2024 is calculated as:

For example, Laurentian Bank of Canada's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.559/125.4675*125.4675
=0.559

Current CPI (Jan. 2024) = 125.4675.

Laurentian Bank of Canada Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 0.901 98.920 1.143
201407 1.183 99.315 1.495
201410 0.972 99.473 1.226
201501 0.949 98.209 1.212
201504 1.086 99.710 1.367
201507 1.119 100.579 1.396
201510 -0.558 100.500 -0.697
201601 0.957 100.184 1.199
201604 1.116 101.370 1.381
201607 1.027 101.844 1.265
201610 0.340 102.002 0.418
201701 0.986 102.318 1.209
201704 0.886 103.029 1.079
201707 1.166 103.029 1.420
201710 1.126 103.424 1.366
201801 1.134 104.056 1.367
201804 1.052 105.320 1.253
201807 0.937 106.110 1.108
201810 0.869 105.952 1.029
201901 0.662 105.557 0.787
201904 0.710 107.453 0.829
201907 0.801 108.243 0.928
201910 0.682 107.927 0.793
202001 0.520 108.085 0.604
202004 0.093 107.216 0.109
202007 0.570 108.401 0.660
202010 0.598 108.638 0.691
202101 0.754 109.192 0.866
202104 0.920 110.851 1.041
202107 1.053 112.431 1.175
202110 -1.922 113.695 -2.121
202201 0.927 114.801 1.013
202204 1.061 118.357 1.125
202207 0.912 120.964 0.946
202210 0.920 121.517 0.950
202301 0.812 121.596 0.838
202304 0.823 123.571 0.836
202307 0.780 124.914 0.783
202310 0.489 125.310 0.490
202401 0.559 125.468 0.559

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.


Laurentian Bank of Canada  (OTCPK:LRCDF) 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.


Laurentian Bank of Canada Shiller PE Ratio Related Terms

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Laurentian Bank of Canada (Laurentian Bank of Canada) Business Description

Traded in Other Exchanges
Address
1360, Boulevard Rene-Levesque Ouest, Suite 600, Secretariat Corporatif, Montreal, QC, CAN, H3G 0E5
Laurentian Bank of Canada provides personal banking, business banking and real estate and commercial financing to its personal, business, and institutional customers across Canada and the United States. The company reports three operating segments: personal, commercial banking, and capital markets. The personal segment offers financial services to retail clients. The commercial banking segment provides financial services, commercial banking, real estate financing, and equipment and inventory financing to business clients. The firm launched LBC Digital, allowing it to expand its customer reach from coast to coast through a direct-to-customer channel. The Canadian geographic segment generates majority of the revenue for the company.