SELECT * FROM `stock_list` WHERE `symbol` = "IDCBY" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1
SELECT * FROM `stock_list` where symbol='IDCBY' AND exchange = 'OTCPK' limit 0,1
SELECT * FROM `stock_list` WHERE `symbol` = "IDCBY" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 IDCBY (Industrial And Commercial Bank Of China) Shiller PE
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Industrial And Commercial Bank Of China Ltd (OTCPK:IDCBY) » Definitions » Shiller PE Ratio

Industrial And Commercial Bank Of China (Industrial And Commercial Bank Of China) Shiller PE Ratio : 6.13 (As of May. 01, 2024)


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What is Industrial And Commercial Bank Of China Shiller PE Ratio?

As of today (2024-05-01), Industrial And Commercial Bank Of China's current share price is $10.7825. Industrial And Commercial Bank Of China's E10 for the quarter that ended in Mar. 2024 was $1.76. Industrial And Commercial Bank Of China's Shiller PE Ratio for today is 6.13.

The historical rank and industry rank for Industrial And Commercial Bank Of China's Shiller PE Ratio or its related term are showing as below:

IDCBY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.6   Med: 6.89   Max: 10.7
Current: 5.92

During the past years, Industrial And Commercial Bank Of China's highest Shiller PE Ratio was 10.70. The lowest was 4.60. And the median was 6.89.

IDCBY's Shiller PE Ratio is ranked better than
86.24% of 1134 companies
in the Banks industry
Industry Median: 10.23 vs IDCBY: 5.92

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.

Industrial And Commercial Bank Of China's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.667. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Industrial And Commercial Bank Of China Shiller PE Ratio Historical Data

The historical data trend for Industrial And Commercial Bank Of China'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.

Industrial And Commercial Bank Of China Shiller PE Ratio Chart

Industrial And Commercial Bank Of China 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 7.14 5.96 5.28 4.80 5.13

Industrial And Commercial Bank Of China 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 4.89 5.28 5.11 5.13 5.66

Competitive Comparison of Industrial And Commercial Bank Of China's Shiller PE Ratio

For the Banks - Diversified subindustry, Industrial And Commercial Bank Of China'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.


Industrial And Commercial Bank Of China's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Industrial And Commercial Bank Of China's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Industrial And Commercial Bank Of China's Shiller PE Ratio falls into.



Industrial And Commercial Bank Of China 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.

Industrial And Commercial Bank Of China's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=10.7825/1.76
=6.13

* 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.

Industrial And Commercial Bank Of China's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Industrial And Commercial Bank Of China'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)
=0.667/117.7354*117.7354
=0.667

Current CPI (Mar. 2024) = 117.7354.

Industrial And Commercial Bank Of China Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.674 96.409 0.823
201409 0.652 97.948 0.784
201412 0.485 99.707 0.573
201503 0.673 99.927 0.793
201506 0.677 99.267 0.803
201509 0.628 99.927 0.740
201512 0.465 102.015 0.537
201603 0.646 102.785 0.740
201606 0.637 101.686 0.738
201609 0.600 102.565 0.689
201612 0.405 103.225 0.462
201703 0.609 103.335 0.694
201706 0.646 103.664 0.734
201709 0.639 103.994 0.723
201712 0.455 104.984 0.510
201803 0.696 105.973 0.773
201806 0.712 106.193 0.789
201809 0.642 106.852 0.707
201812 0.436 107.622 0.477
201903 0.685 108.172 0.746
201906 0.696 109.601 0.748
201909 0.675 110.260 0.721
201912 0.428 110.700 0.455
202003 0.684 110.920 0.726
202006 0.508 110.590 0.541
202009 0.646 107.512 0.707
202012 0.673 109.711 0.722
202103 0.737 111.579 0.778
202106 0.685 111.360 0.724
202109 0.712 109.051 0.769
202112 0.816 112.349 0.855
202203 0.788 113.558 0.817
202206 0.657 113.448 0.682
202209 0.684 113.778 0.708
202212 0.717 114.548 0.737
202303 0.726 115.427 0.741
202306 0.642 115.647 0.654
202309 0.658 116.087 0.667
202312 0.728 117.296 0.731
202403 0.667 117.735 0.667

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.


Industrial And Commercial Bank Of China  (OTCPK:IDCBY) 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.


Industrial And Commercial Bank Of China Shiller PE Ratio Related Terms

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


Industrial And Commercial Bank Of China (Industrial And Commercial Bank Of China) Business Description

Address
3 Garden Road, 33rd Floor, ICBC Tower, Central, Hong Kong, HKG
ICBC is headquartered in Beijing and founded in 1984, the bank listed its shares in mainland China and Hong Kong in 2006. It is China's largest by asset scale and by share of lending and deposits. Central Huijin Investment (China's sovereign wealth fund manager) and China's Ministry of Finance are ICBC's two largest shareholders, each with a stake of around 35%. ICBC operates over 16,000 outlets. Among these outlets, 417 outlets are located in 42 countries and regions overseas. Corporate banking, retail banking, and wholesale banking accounted for 44%, 44%, and 12% of total revenue, respectively; and 39%, 47%, and 24% of profit before tax in 2022. Overseas banking and other business contributed 8% of total revenue and 6% of profit before tax in 2022.

Industrial And Commercial Bank Of China (Industrial And Commercial Bank Of China) Headlines

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