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Commencement Bancorp (Commencement Bancorp) Shiller PE Ratio : 10.00 (As of May. 25, 2024)


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What is Commencement Bancorp Shiller PE Ratio?

As of today (2024-05-25), Commencement Bancorp's current share price is $9.80. Commencement Bancorp's E10 for the quarter that ended in Mar. 2024 was $0.98. Commencement Bancorp's Shiller PE Ratio for today is 10.00.

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

CBWA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.6   Med: 10.14   Max: 10.2
Current: 10

During the past years, Commencement Bancorp's highest Shiller PE Ratio was 10.20. The lowest was 9.60. And the median was 10.14.

CBWA's Shiller PE Ratio is ranked better than
51.14% of 1136 companies
in the Banks industry
Industry Median: 10.16 vs CBWA: 10.00

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.

Commencement Bancorp's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Commencement Bancorp Shiller PE Ratio Historical Data

The historical data trend for Commencement 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.

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Commencement Bancorp Shiller PE Ratio Chart

Commencement Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Commencement Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
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Competitive Comparison of Commencement Bancorp's Shiller PE Ratio

For the Banks - Regional subindustry, Commencement 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.


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

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

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



Commencement 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.

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

Shiller PE Ratio=Share Price/ E10
=9.80/0.98
=10.00

* 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.

Commencement Bancorp's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Commencement Bancorp's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.19/131.7762*131.7762
=0.190

Current CPI (Mar. 2024) = 131.7762.

Commencement Bancorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 0.000 98.326 0.000
201406 0.097 100.560 0.127
201409 0.080 100.428 0.105
201412 0.094 99.070 0.125
201503 0.084 99.621 0.111
201506 0.124 100.684 0.162
201509 0.091 100.392 0.119
201512 0.124 99.792 0.164
201603 0.099 100.470 0.130
201606 0.124 101.688 0.161
201609 0.041 101.861 0.053
201612 0.134 101.863 0.173
201703 0.136 102.862 0.174
201706 0.155 103.349 0.198
201709 0.227 104.136 0.287
201712 -0.018 104.011 -0.023
201803 0.300 105.290 0.375
201806 0.309 106.317 0.383
201809 0.325 106.507 0.402
201812 0.290 105.998 0.361
201903 0.255 107.251 0.313
201906 0.250 108.070 0.305
201909 0.370 108.329 0.450
201912 0.273 108.420 0.332
202003 0.230 108.902 0.278
202006 0.140 108.767 0.170
202009 0.290 109.815 0.348
202012 0.300 109.897 0.360
202103 0.380 111.754 0.448
202106 -0.010 114.631 -0.011
202109 0.340 115.734 0.387
202112 0.292 117.630 0.327
202203 0.240 121.301 0.261
202206 0.270 125.017 0.285
202209 0.450 125.227 0.474
202212 0.411 125.222 0.433
202303 0.180 127.348 0.186
202306 0.180 128.729 0.184
202312 0.000 129.419 0.000
202403 0.190 131.776 0.190

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.


Commencement Bancorp  (OTCPK:CBWA) 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.


Commencement Bancorp Shiller PE Ratio Related Terms

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Commencement Bancorp (Commencement Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1102 Commerce Street, Suite 100, Tacoma, WA, USA, 98402
Commencement Bancorp Inc is a holding company that operates through its subsidiary. It provides loan and deposit services to customers, who are predominately individuals and small and midsized businesses in western Washington. The company offers banking products and services such as savings and deposit accounts, personal and business loans, cash management services, online banking, credit cards, and investment services.

Commencement Bancorp (Commencement Bancorp) Headlines