GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » West Bancorp Inc (NAS:WTBA) » Definitions » Shiller PE Ratio

West Bancorp (West Bancorp) Shiller PE Ratio : 7.90 (As of Apr. 26, 2024)


View and export this data going back to 1999. Start your Free Trial

What is West Bancorp Shiller PE Ratio?

As of today (2024-04-26), West Bancorp's current share price is $16.75. West Bancorp's E10 for the quarter that ended in Dec. 2023 was $2.12. West Bancorp's Shiller PE Ratio for today is 7.90.

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

WTBA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.23   Med: 18.6   Max: 30.99
Current: 7.9

During the past years, West Bancorp's highest Shiller PE Ratio was 30.99. The lowest was 7.23. And the median was 18.60.

WTBA's Shiller PE Ratio is ranked better than
71.94% of 1126 companies
in the Banks industry
Industry Median: 10.305 vs WTBA: 7.90

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.

West Bancorp's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


West Bancorp Shiller PE Ratio Historical Data

The historical data trend for West Bancorp'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.

West Bancorp Shiller PE Ratio Chart

West Bancorp 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 19.57 13.31 17.61 12.54 10.02

West Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.54 8.75 8.71 7.65 10.02

Competitive Comparison of West Bancorp's Shiller PE Ratio

For the Banks - Regional subindustry, West Bancorp'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.


West Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

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



West Bancorp 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.

West Bancorp's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=16.75/2.12
=7.90

* 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.

West Bancorp's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, West Bancorp'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)
=0.27/129.4194*129.4194
=0.270

Current CPI (Dec. 2023) = 129.4194.

West Bancorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.270 99.695 0.351
201406 0.300 100.560 0.386
201409 0.320 100.428 0.412
201412 0.360 99.070 0.470
201503 0.320 99.621 0.416
201506 0.330 100.684 0.424
201509 0.340 100.392 0.438
201512 0.370 99.792 0.480
201603 0.350 100.470 0.451
201606 0.340 101.688 0.433
201609 0.360 101.861 0.457
201612 0.370 101.863 0.470
201703 0.370 102.862 0.466
201706 0.390 103.349 0.488
201709 0.390 104.136 0.485
201712 0.260 104.011 0.324
201803 0.450 105.290 0.553
201806 0.410 106.317 0.499
201809 0.430 106.507 0.523
201812 0.443 105.998 0.541
201903 0.420 107.251 0.507
201906 0.410 108.070 0.491
201909 0.460 108.329 0.550
201912 0.460 108.420 0.549
202003 0.490 108.902 0.582
202006 0.480 108.767 0.571
202009 0.490 109.815 0.577
202012 0.520 109.897 0.612
202103 0.700 111.754 0.811
202106 0.790 114.631 0.892
202109 0.760 115.734 0.850
202112 0.710 117.630 0.781
202203 0.780 121.301 0.832
202206 0.750 125.017 0.776
202209 0.690 125.227 0.713
202212 0.530 125.222 0.548
202303 0.470 127.348 0.478
202306 0.350 128.729 0.352
202309 0.350 129.860 0.349
202312 0.270 129.419 0.270

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.


West Bancorp  (NAS:WTBA) 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.


West Bancorp Shiller PE Ratio Related Terms

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


West Bancorp (West Bancorp) Business Description

Traded in Other Exchanges
Address
1601 22nd Street, West Des Moines, IA, USA, 50266
West Bancorp Inc is a United States-based company that offers a full range of deposit services, including checking, savings, and money market accounts and time certificates of deposit. West Bank also offers online banking, mobile banking, and treasury management services, which help to meet the banking needs of its customers. Treasury management services offered to business customers include cash management, client-generated automated clearing house transactions, remote deposit, and fraud protection services. Also offered are merchant credit card processing and corporate credit cards. The bank operates only in the United States of America region.
Executives
David D Nelson director, officer: CEO & PRESIDENT 1601 22ND STREET, WEST DES MOINES IA 50266
Bradley P Peters officer: Executive Vice President 4808 SYCAMORE COURT, EAGAN MN 55123
Sean Patrick Mcmurray director 13230 ASHLEAF DR, CLIVE IA 50325
George D Milligan director 118 2ND AVE SE, CEDAR RAPIDS IA 52401
Rosemary Parson director 3608 129TH STREET, URBANDALE IA 50322
Patrick J Donovan director 445 MINNESOTA ST STE 2000, ST PAUL MN 55101
Douglas R Gulling director, officer: EVP & CFO 9620 HAMMONTREE DRIVE, DES MOINES IA 50322
Lisa J Elming director 6826 NW 88TH CT, JOHNSTON IA 50131
David R Milligan director, officer: CEO & PRESIDENT 10165 LINCOLN AVENUE, DES MOINES IA 50325
Steven T Schuler director 12917 WILDEN CIRCLE, URBANDALE IA 50323
Michael J Gerdin director 901 HEARTLAND WAY, NORTH LIBERTY IA 52317
Therese M Vaughan director VALIDUS HOLDINGS, THE CHARTIS BUILDING / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Jane M Funk officer: SVP / Controller C/O NORTH CENTRAL BANCSHARES INC, 825 CENTRAL AVENUE, FORT DODGE IA 50501
Marie I Roberts officer: SVP, CONTROLLER AND CAC 13050 WALNUT RIDGE CIRCLE, CLIVE IA 50325
Harlee Olafson officer: CHIEF RISK OFFICER 1601 22ND STREET, WEST DES MOINES IA 50266