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Yes Bank (BOM:532648) Shiller PE Ratio

: 3.51 (As of Today)
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As of today (2024-04-19), Yes Bank's current share price is ₹23.94. Yes Bank's E10 for the quarter that ended in Dec. 2023 was ₹6.83. Yes Bank's Shiller PE Ratio for today is 3.51.

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

BOM:532648' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.4   Med: 3.64   Max: 4.59
Current: 3.55

During the past years, Yes Bank's highest Shiller PE Ratio was 4.59. The lowest was 3.40. And the median was 3.64.

BOM:532648's Shiller PE Ratio is ranked better than
95.12% of 1126 companies
in the Banks industry
Industry Median: 10.18 vs BOM:532648: 3.55

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.

Yes Bank's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹6.83 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yes Bank Shiller PE Ratio Historical Data

The historical data trend for Yes 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.

Yes Bank Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Yes 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 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 Premium Member Only Premium Member Only Premium Member Only - - - - 3.14

Competitive Comparison

For the Banks - Regional subindustry, Yes 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.


Yes Bank Shiller PE Ratio Distribution

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

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



Yes 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.

Yes Bank's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=23.94/6.83
=3.51

* 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.

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

For example, Yes 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)
=0.08/153.2548*153.2548
=0.080

Current CPI (Dec. 2023) = 153.2548.

Yes Bank Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200503 -0.048 43.531 -0.169
200603 0.426 45.521 1.434
200703 0.668 48.581 2.107
200803 1.350 52.407 3.948
200903 2.028 56.615 5.490
201003 2.974 65.030 7.009
201103 4.050 70.768 8.771
201203 5.426 76.889 10.815
201206 1.604 79.567 3.089
201209 1.688 82.244 3.145
201212 1.878 83.774 3.436
201303 1.958 85.687 3.502
201403 8.834 91.425 14.808
201503 9.564 97.163 15.085
201603 11.816 102.518 17.664
201703 15.400 105.196 22.435
201803 18.090 109.786 25.252
201806 5.420 111.317 7.462
201809 4.010 115.142 5.337
201812 4.300 115.142 5.723
201903 -6.540 118.202 -8.479
201906 0.410 120.880 0.520
201909 -2.580 123.175 -3.210
201912 -72.970 126.235 -88.589
202003 2.124 124.705 2.610
202006 0.030 127.000 0.036
202009 0.050 130.118 0.059
202012 0.060 130.889 0.070
202103 -1.800 131.771 -2.093
202106 0.080 134.084 0.091
202109 0.090 135.847 0.102
202112 0.110 138.161 0.122
202203 0.140 138.822 0.155
202206 0.130 142.347 0.140
202209 0.060 144.661 0.064
202212 0.020 145.763 0.021
202303 0.070 146.865 0.073
202306 0.120 150.280 0.122
202309 0.080 151.492 0.081
202312 0.080 153.255 0.080

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.


Yes Bank  (BOM:532648) 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.


Yes Bank Shiller PE Ratio Related Terms

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


Yes Bank (BOM:532648) Business Description

Traded in Other Exchanges
Address
Off Western Express Highway, Yes Bank House, Santacruz (East), Mumbai, MH, IND, 400 055
Yes Bank Ltd is a full-service commercial bank operating in India. The bank's activities include corporate banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management services. A majority of the bank's earning assets are loans. The bank's loan portfolio is diversified across various industries, including food and agriculture, life sciences and information technology, tourism, hospitality, media and entertainment, renewable energy, education, and social infrastructure. Services and agriculture constitute approximately half of the bank's priority sector loans. The company reportable segments include Treasury, Corporate / Wholesale Banking, Retail Banking and Other Banking Operations.

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