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PHH (PHH) Shiller PE Ratio : (As of Apr. 26, 2024)


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What is PHH Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PHH Shiller PE Ratio Historical Data

The historical data trend for PHH'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.

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PHH Shiller PE Ratio Chart

PHH 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 50.62 152.55 - - -

PHH Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 - - - - -

Competitive Comparison of PHH's Shiller PE Ratio

For the Mortgage Finance subindustry, PHH'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.


PHH's Shiller PE Ratio Distribution in the Banks Industry

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

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



PHH 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.

PHH's E10 for the quarter that ended in Jun. 2018 is calculated as:

For example, PHH's adjusted earnings per share data for the three months ended in Jun. 2018 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2018 (Change)*Current CPI (Jun. 2018)
=-1.071/106.3168*106.3168
=-1.071

Current CPI (Jun. 2018) = 106.3168.

PHH Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200809 -1.560 92.307 -1.797
200812 -3.980 88.697 -4.771
200903 0.040 89.744 0.047
200906 1.910 91.003 2.231
200909 -0.940 91.120 -1.097
200912 1.750 91.111 2.042
201003 0.150 91.821 0.174
201006 -2.400 91.962 -2.775
201009 -0.140 92.162 -0.162
201012 3.250 92.474 3.737
201103 0.840 94.283 0.947
201106 -0.730 95.235 -0.815
201109 -2.620 95.727 -2.910
201112 0.220 95.213 0.246
201203 1.300 96.783 1.428
201206 -1.000 96.819 -1.098
201209 -0.740 97.633 -0.806
201212 1.020 96.871 1.119
201303 0.790 98.209 0.855
201306 1.400 98.518 1.511
201309 -0.900 98.790 -0.969
201312 0.680 98.326 0.735
201403 -0.730 99.695 -0.778
201406 -1.020 100.560 -1.078
201409 4.000 100.428 4.235
201412 -0.560 99.070 -0.601
201503 0.340 99.621 0.363
201506 -1.200 100.684 -1.267
201509 -0.840 100.392 -0.890
201512 -0.940 99.792 -1.001
201603 -0.560 100.470 -0.593
201606 -0.220 101.688 -0.230
201609 -0.500 101.861 -0.522
201612 -2.490 101.863 -2.599
201703 -1.260 102.862 -1.302
201706 -0.862 103.349 -0.887
201709 -1.140 104.136 -1.164
201712 -1.370 104.011 -1.400
201803 -0.920 105.290 -0.929
201806 -1.071 106.317 -1.071

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.


PHH  (NYSE:PHH) 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.


PHH Shiller PE Ratio Related Terms

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


PHH (PHH) Business Description

Traded in Other Exchanges
N/A
Address
PHH Corp originates and services residential mortgage loans in the United States. It operates in two segments namely Mortgage Production and Mortgage Servicing. The company generates revenue in three ways: through fees on mortgage loan initiation; by selling on the secondary market loans that it initiated; and by servicing loans. The company outsources its services to clients that include financial institutions and real estate brokers. It also generally retains the servicing rights on loans it has sold and acts as a subservicer on behalf of other clients that own serving rights. Servicing typically generates the most revenue for the company, but each of the three sources of income are substantial.
Executives
James C Neuhauser director 100 NORTH 17TH STREET, ARLINGTON VA 22209
Alberino J Celini officer: Senior VP, Risk and Compliance 226 LANDIS AVENUE, VINELAND NJ 08360
James O Egan director 280 PARK AVE 37TH FLR WEST TOWER NEW YORK NY 10017
Charles P Pizzi director C/O TASTY BAKING COMPANY, NAVY YARD CORP. CTR., THREE CRESCENT DR., PHILADELPHIA PA 19112
Carroll R Wetzel director C/O ARCH WIRELESS INC, 1800 WEST PARK DR #250, WESTBOROUGH MA 01581
Jane D Carlin director C/O PHH CORPORATION, 3000 LEADENHALL ROAD, MT. LAUREL NJ 08054
Michael R Bogansky officer: SVP & CFO C/O PHH CORPORATION 3000 LEADENHALL ROAD MT. LAUREL NJ 08054
Kevin Stein director 3000 LEADENHALL RD., MAILSTOP PCLG, MOUNT LAUREL NJ 08054
Silver Point Capital L.p. 10 percent owner TWO GREENWICH PLAZA, SUITE 1, GREENWICH CT 06830
Edward A Mule 10 percent owner C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Glen A. Messina director, officer: President and CEO 3000 LEADENHALL ROAD, MOUNT LAUREL NJ 08054
Thomas P Gibbons director THE BANK OF NEW YORK MELLON CORPORATION, 225 LIBERTY STREET, NEW YORK NY 10286
Allan Z Loren director 901 MARQUETTE AVENUE, SUITE 3200, MINNEAPOLIS MN 55402
Citadel Gp Llc 10 percent owner 131 DEARBORN ST., 32ND FLOOR, CHICAGO IL 60603
Surveyor Capital Ltd. 10 percent owner 131 S. DEARBORN ST., 32ND FLOOR, CHICAGO IL 60603