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Philippine National Bank (PHS:PNB) Shiller PE Ratio : 2.64 (As of May. 14, 2024)


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What is Philippine National Bank Shiller PE Ratio?

As of today (2024-05-14), Philippine National Bank's current share price is ₱23.65. Philippine National Bank's E10 for the quarter that ended in Dec. 2023 was ₱8.97. Philippine National Bank's Shiller PE Ratio for today is 2.64.

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

PHS:PNB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.02   Med: 3.15   Max: 8.9
Current: 2.62

During the past years, Philippine National Bank's highest Shiller PE Ratio was 8.90. The lowest was 2.02. And the median was 3.15.

PHS:PNB's Shiller PE Ratio is ranked better than
97.28% of 1138 companies
in the Banks industry
Industry Median: 10.37 vs PHS:PNB: 2.62

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.

Philippine National Bank's adjusted earnings per share data for the three months ended in Dec. 2023 was ₱2.920. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₱8.97 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Philippine National Bank Shiller PE Ratio Historical Data

The historical data trend for Philippine National Bank'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.

Philippine National Bank Shiller PE Ratio Chart

Philippine National Bank 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 5.44 4.90 2.60 2.34 2.06

Philippine National Bank 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 2.34 2.29 2.24 2.15 2.06

Competitive Comparison of Philippine National Bank's Shiller PE Ratio

For the Banks - Regional subindustry, Philippine National Bank'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.


Philippine National Bank's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Philippine National Bank's Shiller PE Ratio falls into.



Philippine National Bank 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.

Philippine National Bank's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=23.65/8.97
=2.64

* 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.

Philippine National Bank's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Philippine National Bank'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)
=2.92/129.4194*129.4194
=2.920

Current CPI (Dec. 2023) = 129.4194.

Philippine National Bank Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.167 99.695 1.515
201406 1.572 100.560 2.023
201409 0.280 100.428 0.361
201412 1.244 99.070 1.625
201503 0.926 99.621 1.203
201506 1.774 100.684 2.280
201509 0.829 100.392 1.069
201512 1.205 99.792 1.563
201603 1.987 100.470 2.560
201606 1.312 101.688 1.670
201609 1.003 101.861 1.274
201612 1.196 101.863 1.520
201703 0.916 102.862 1.152
201706 1.109 103.349 1.389
201709 1.427 104.136 1.773
201712 3.087 104.011 3.841
201803 1.109 105.290 1.363
201806 3.160 106.317 3.847
201809 1.650 106.507 2.005
201812 1.620 105.998 1.978
201903 1.500 107.251 1.810
201906 1.640 108.070 1.964
201909 1.830 108.329 2.186
201912 2.250 108.420 2.686
202003 0.860 108.902 1.022
202006 0.030 108.767 0.036
202009 1.640 109.815 1.933
202012 -0.820 109.897 -0.966
202103 1.160 111.754 1.343
202106 13.310 114.631 15.027
202109 1.420 115.734 1.588
202112 4.840 117.630 5.325
202203 1.840 121.301 1.963
202206 5.400 125.017 5.590
202209 0.180 125.227 0.186
202212 0.150 125.222 0.155
202303 3.150 127.348 3.201
202306 3.250 128.729 3.267
202309 2.470 129.860 2.462
202312 2.920 129.419 2.920

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.


Philippine National Bank  (PHS:PNB) 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.


Philippine National Bank Shiller PE Ratio Related Terms

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


Philippine National Bank (PHS:PNB) Business Description

Traded in Other Exchanges
N/A
Address
President Diosdado P. Macapagal Boulevard, PNB Financial Center, Metro Manila, Pasay, PHL, 1300
Philippine National Bank is principally engaged in providing financial services. The company's business segments consist of the 1) Retail Banking segment involves handling individual customer deposits, and providing consumer-type loans, credit card facilities and fund transfer facilities; 2) Corporate Banking segment involves handling loans and other credit facilities and deposit accounts for corporate and institutional customers; 3) Treasury segment involves providing money market, trading and treasury services, and the management of the Group's funding operations by use of Treasury bills, government securities and placements and acceptances with other banks, through treasury and wholesale banking; and 4) Other Segments include trust, leasing, remittances and other support services, etc.

Philippine National Bank (PHS:PNB) Headlines

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