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Danske Bank A/S (FRA:DSN) Shiller PE Ratio : 12.91 (As of May. 12, 2024)


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What is Danske Bank A/S Shiller PE Ratio?

As of today (2024-05-12), Danske Bank A/S's current share price is €25.82. Danske Bank A/S's E10 for the quarter that ended in Mar. 2024 was €2.00. Danske Bank A/S's Shiller PE Ratio for today is 12.91.

The historical rank and industry rank for Danske Bank A/S's Shiller PE Ratio or its related term are showing as below:

FRA:DSN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.45   Med: 10.65   Max: 16.34
Current: 12.74

During the past years, Danske Bank A/S's highest Shiller PE Ratio was 16.34. The lowest was 6.45. And the median was 10.65.

FRA:DSN's Shiller PE Ratio is ranked worse than
68.11% of 1135 companies
in the Banks industry
Industry Median: 10.37 vs FRA:DSN: 12.74

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.

Danske Bank A/S's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.872. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Danske Bank A/S Shiller PE Ratio Historical Data

The historical data trend for Danske Bank A/S'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.

Danske Bank A/S Shiller PE Ratio Chart

Danske Bank A/S 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 9.53 8.92 8.76 10.62 12.31

Danske Bank A/S 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 10.21 12.09 11.50 12.31 13.80

Competitive Comparison of Danske Bank A/S's Shiller PE Ratio

For the Banks - Regional subindustry, Danske Bank A/S'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.


Danske Bank A/S's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Danske Bank A/S's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Danske Bank A/S's Shiller PE Ratio falls into.



Danske Bank A/S 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.

Danske Bank A/S's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=25.82/2
=12.91

* 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.

Danske Bank A/S's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Danske Bank A/S'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)
=0.872/116.7000*116.7000
=0.872

Current CPI (Mar. 2024) = 116.7000.

Danske Bank A/S Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.550 99.700 0.644
201409 0.430 99.700 0.503
201412 -0.847 99.400 -0.994
201503 0.657 100.200 0.765
201506 0.590 100.300 0.686
201509 0.483 100.200 0.563
201512 -0.031 99.800 -0.036
201603 0.670 100.200 0.780
201606 0.591 100.600 0.686
201609 0.671 100.200 0.781
201612 0.780 100.300 0.908
201703 0.780 101.200 0.899
201706 0.672 101.200 0.775
201709 0.712 101.800 0.816
201712 0.820 101.300 0.945
201803 0.671 101.700 0.770
201806 0.604 102.300 0.689
201809 0.362 102.400 0.413
201812 0.523 102.100 0.598
201903 0.442 102.900 0.501
201906 0.602 102.900 0.683
201909 0.442 102.900 0.501
201912 0.750 102.900 0.851
202003 -0.227 103.300 -0.256
202006 0.349 103.200 0.395
202009 0.309 103.500 0.348
202012 0.202 103.400 0.228
202103 0.471 104.300 0.527
202106 0.417 105.000 0.463
202109 0.511 105.800 0.564
202112 0.565 106.600 0.619
202203 0.417 109.900 0.443
202206 0.282 113.600 0.290
202209 -2.136 116.400 -2.142
202212 0.712 115.900 0.717
202303 0.806 117.300 0.802
202306 0.779 116.400 0.781
202309 0.831 117.400 0.826
202312 0.899 116.700 0.899
202403 0.872 116.700 0.872

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.


Danske Bank A/S  (FRA:DSN) 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.


Danske Bank A/S Shiller PE Ratio Related Terms

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Danske Bank A/S (FRA:DSN) Business Description

Address
Holmens Kanal 2-12, Copenhagen, DNK, DK-1092
Founded in 1871, Danske Bank's headquarters are in Copenhagen, Denmark. It is the largest Danish bank with a dominant market share of 27% in lending and 29% in deposits. It operates through 270 branches in Denmark, Finland, Sweden, Norway, Ireland, and the United Kingdom. With the establishment of its wealth management segment in April 2016, the bank now operates via five segments. The others are banking Denmark, banking Nordics, corporates and institutions, and Northern Ireland.

Danske Bank A/S (FRA:DSN) Headlines

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