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Credicorp (Credicorp) Shiller PE Ratio : 11.99 (As of Apr. 26, 2024)


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What is Credicorp Shiller PE Ratio?

As of today (2024-04-26), Credicorp's current share price is $167.75. Credicorp's E10 for the quarter that ended in Sep. 2023 was $13.99. Credicorp's Shiller PE Ratio for today is 11.99.

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

BAP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.63   Med: 21.65   Max: 35.1
Current: 11.99

During the past years, Credicorp's highest Shiller PE Ratio was 35.10. The lowest was 8.63. And the median was 21.65.

BAP's Shiller PE Ratio is ranked worse than
63.77% of 1126 companies
in the Banks industry
Industry Median: 10.305 vs BAP: 11.99

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.

Credicorp's adjusted earnings per share data for the three months ended in Sep. 2023 was $4.174. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $13.99 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Credicorp Shiller PE Ratio Historical Data

The historical data trend for Credicorp'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.

Credicorp Shiller PE Ratio Chart

Credicorp 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 20.68 16.57 10.88 10.74 -

Credicorp 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 10.74 10.09 10.80 9.15 -

Competitive Comparison of Credicorp's Shiller PE Ratio

For the Banks - Regional subindustry, Credicorp'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.


Credicorp's Shiller PE Ratio Distribution in the Banks Industry

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

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



Credicorp 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.

Credicorp's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=167.75/13.99
=11.99

* 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.

Credicorp's E10 for the quarter that ended in Sep. 2023 is calculated as:

For example, Credicorp's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=4.174/129.8595*129.8595
=4.174

Current CPI (Sep. 2023) = 129.8595.

Credicorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 1.421 98.326 1.877
201403 2.225 99.695 2.898
201406 1.965 100.560 2.538
201409 2.169 100.428 2.805
201412 1.665 99.070 2.182
201503 2.705 99.621 3.526
201506 2.517 100.684 3.246
201509 2.713 100.392 3.509
201512 2.458 99.792 3.199
201603 2.675 100.470 3.457
201606 2.938 101.688 3.752
201609 3.193 101.861 4.071
201612 3.008 101.863 3.835
201703 2.989 102.862 3.773
201706 3.094 103.349 3.888
201709 4.094 104.136 5.105
201712 3.576 104.011 4.465
201803 3.488 105.290 4.302
201806 3.287 106.317 4.015
201809 3.399 106.507 4.144
201812 3.227 105.998 3.953
201903 3.710 107.251 4.492
201906 3.692 108.070 4.436
201909 3.674 108.329 4.404
201912 3.270 108.420 3.917
202003 0.703 108.902 0.838
202006 -2.095 108.767 -2.501
202009 0.353 109.815 0.417
202012 2.204 109.897 2.604
202103 3.820 111.754 4.439
202106 2.358 114.631 2.671
202109 3.923 115.734 4.402
202112 3.566 117.630 3.937
202203 3.951 121.301 4.230
202206 3.852 125.017 4.001
202209 4.459 125.227 4.624
202212 3.614 125.222 3.748
202303 4.668 127.348 4.760
202306 4.723 128.729 4.764
202309 4.174 129.860 4.174

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.


Credicorp  (NYSE:BAP) 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.


Credicorp Shiller PE Ratio Related Terms

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


Credicorp (Credicorp) Business Description

Traded in Other Exchanges
Address
Calle Centenario 156, La Molina, Lima, PER, 12
Credicorp Ltd is a financial services company in Peru. The company is involved mainly in commercial banking, providing trade finance, corporate finance, and leasing services. It also offers insurance for commercial property, transportation, automobile, life, health, and investment banking services: brokerage services, asset management, trust, custody and securitization services, trading and investment, and pension fund business. The company operates the following subsidiaries: Banco de Credito del Peru, Atlantic Security Bank, Prima AFP, El Pacifico-Peruano Suiza Compania de Seguros y Reaseguros, Credicorp Capital, and BCP Bolivia.