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BB&T Corp (NYSE:BBT)
Shiller PE Ratio
17.51 (As of Today)

As of today, BB&T Corp's current share price is $42.56. BB&T Corp's E10 for the quarter that ended in Mar. 2017 was $2.43. BB&T Corp's Shiller P/E Ratio for today is 17.51.

BBT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.01   Max: 20.02
Current: 17.49

5.01
20.02

During the past 13 years, BB&T Corp's highest Shiller P/E Ratio was 20.02. The lowest was 5.01. And the median was 12.86.

BBT's Shiller PE Ratio is ranked higher than
62% of the 479 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 20.93 vs. BBT: 17.49 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

BB&T Corp's adjusted earnings per share data for the three months ended in Mar. 2017 was $0.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.43 for the trailing ten years ended in Mar. 2017.


Definition

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

BB&T Corp's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=42.56/2.43
=17.51

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

BB&T Corp's E10 for the fiscal year that ended in Dec16 is calculated as:

For example, BB&T Corp's adjusted earnings per share data for the three months ended in Mar. 2017 was:

Adj_EPS=Earnigns per Share/CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=0.46/243.985*243.985
=0.460

Current CPI (Mar. 2017) = 243.985.

BB&T Corp Quarterly Data

201412201503201506201509201512201603201606201609201612201703
per share eps 0.7500.6700.6200.6400.6400.6700.6600.7300.7200.460
CPI 234.812236.119238.638237.945236.525238.132241.018241.428241.432243.985
Adj_EPS 0.7790.6920.6340.6560.6600.6860.6680.7380.7280.460
201206201209201212201303201306201309201312201403201406201409
per share eps 0.7200.6600.7100.2900.7700.3700.7500.6800.5800.700
CPI 229.478231.407229.601232.773233.504234.149233.049236.293238.343238.031
Adj_EPS 0.7660.6960.7540.3040.8050.3860.7850.7020.5940.718
200912201003201006201009201012201103201106201109201112201203
per share eps 0.2700.2700.3000.3000.2900.3200.4400.5200.5600.610
CPI 215.949217.631217.965218.439219.179223.467225.722226.889225.672229.392
Adj_EPS 0.3050.3030.3360.3350.3230.3490.4760.5590.6050.649
200706200709200712200803200806200809200812200903200906200909
per share eps 0.8300.8000.7400.7800.7800.6500.5100.4800.2000.230
CPI 208.352208.490210.036213.528218.815218.783210.228212.709215.693215.969
Adj_EPS 0.9720.9360.8600.8910.8700.7250.5920.5510.2260.260

Add all the adjusted EPS together and divide 10 will get our E10.


Explanation

Compared with the regular P/E ratio, which works poorly for cyclical businesses, the Shiller P/E 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 P/E should give similar results to regular P/E.

Compared with the P/S ratio, the Shiller P/E makes the comparison between different industries more meaningful.


Be Aware

The Shiller P/E 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, the Shiller P/E and P/S ratio will give false valuations.


Related Terms

P/E Ratio, P/B Ratio, P/S Ratio, Price-to-Free-Cash-Flow ratio, E10


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

BB&T Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ShillerPE 11.4710.069.409.859.4911.0914.3615.2915.3518.97

BB&T Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ShillerPE 15.2915.3015.8114.2815.3513.6614.5015.4718.9718.37
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