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United Finance (DHA:UNITEDFIN) Shiller PE Ratio : 6.65 (As of May. 24, 2024)


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What is United Finance Shiller PE Ratio?

As of today (2024-05-24), United Finance's current share price is BDT10.30. United Finance's E10 for the quarter that ended in Mar. 2024 was BDT1.55. United Finance's Shiller PE Ratio for today is 6.65.

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

DHA:UNITEDFIN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.83   Med: 8.88   Max: 10.13
Current: 6.66

During the past years, United Finance's highest Shiller PE Ratio was 10.13. The lowest was 4.83. And the median was 8.88.

DHA:UNITEDFIN's Shiller PE Ratio is ranked better than
78.07% of 301 companies
in the Credit Services industry
Industry Median: 13.99 vs DHA:UNITEDFIN: 6.66

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.

United Finance's adjusted earnings per share data for the three months ended in Mar. 2024 was BDT0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is BDT1.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Finance Shiller PE Ratio Historical Data

The historical data trend for United Finance'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.

United Finance Shiller PE Ratio Chart

United Finance 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 - - - 8.90 10.10

United Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.80 9.95 10.15 10.10 7.95

Competitive Comparison of United Finance's Shiller PE Ratio

For the Credit Services subindustry, United Finance'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.


United Finance's Shiller PE Ratio Distribution in the Credit Services Industry

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

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



United Finance 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.

United Finance's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=10.30/1.55
=6.65

* 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.

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

For example, United Finance'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)
=0.01/131.7762*131.7762
=0.010

Current CPI (Mar. 2024) = 131.7762.

United Finance Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.412 100.560 0.540
201409 0.577 100.428 0.757
201412 0.421 99.070 0.560
201503 0.372 99.621 0.492
201506 0.004 100.684 0.005
201509 0.381 100.392 0.500
201512 0.707 99.792 0.934
201603 0.381 100.470 0.500
201606 0.457 101.688 0.592
201609 0.314 101.861 0.406
201612 0.541 101.863 0.700
201703 0.350 102.862 0.448
201706 0.310 103.349 0.395
201709 0.310 104.136 0.392
201712 0.410 104.011 0.519
201803 0.300 105.290 0.375
201806 0.250 106.317 0.310
201809 0.570 106.507 0.705
201812 0.355 105.998 0.441
201903 0.390 107.251 0.479
201906 0.330 108.070 0.402
201909 0.220 108.329 0.268
201912 0.380 108.420 0.462
202003 0.160 108.902 0.194
202006 0.110 108.767 0.133
202009 0.230 109.815 0.276
202012 0.625 109.897 0.749
202103 0.120 111.754 0.141
202106 0.380 114.631 0.437
202109 0.210 115.734 0.239
202112 0.474 117.630 0.531
202203 0.090 121.301 0.098
202206 0.070 125.017 0.074
202209 0.090 125.227 0.095
202212 0.509 125.222 0.536
202303 0.030 127.348 0.031
202306 0.030 128.729 0.031
202309 0.050 129.860 0.051
202312 0.650 129.419 0.662
202403 0.010 131.776 0.010

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.


United Finance  (DHA:UNITEDFIN) 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.


United Finance Shiller PE Ratio Related Terms

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


United Finance (DHA:UNITEDFIN) Business Description

Traded in Other Exchanges
N/A
Address
22 Kazi Nazrul Islam Avenue, Camellia House, Dhaka, BGD, 1000
United Finance Ltd is a financial services company. It provides financial services which includes lease finance for acquiring assets for industrial and commercial use; term loans for meeting long-term funding requirement; short-term working capital solutions and home loans. The company provides services like Deposits, Working Capital and Term Financing. United Finance has various schemes like Insured Deposit Scheme, Shanchoy Scheme; Millionaire Plus Schemes and others. It also serves Pharmaceuticals; Metallic Industries; Hotel and Resorts and Textile Industries.

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