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NatWest Group (BSP:N1WG34) Shiller PE Ratio : 160.80 (As of Apr. 27, 2024)


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What is NatWest Group Shiller PE Ratio?

As of today (2024-04-27), NatWest Group's current share price is R$40.20. NatWest Group's E10 for the quarter that ended in Dec. 2023 was R$0.25. NatWest Group's Shiller PE Ratio for today is 160.80.

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

BSP:N1WG34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 104   Med: 120.1   Max: 145.65
Current: 145.65

During the past years, NatWest Group's highest Shiller PE Ratio was 145.65. The lowest was 104.00. And the median was 120.10.

BSP:N1WG34's Shiller PE Ratio is ranked worse than
99.02% of 1125 companies
in the Banks industry
Industry Median: 10.36 vs BSP:N1WG34: 145.65

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.

NatWest Group's adjusted earnings per share data for the three months ended in Dec. 2023 was R$0.862. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$0.25 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


NatWest Group Shiller PE Ratio Historical Data

The historical data trend for NatWest Group'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.

NatWest Group Shiller PE Ratio Chart

NatWest Group 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 - - - - 110.27

NatWest Group 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 - - - - 110.27

Competitive Comparison of NatWest Group's Shiller PE Ratio

For the Banks - Regional subindustry, NatWest Group'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.


NatWest Group's Shiller PE Ratio Distribution in the Banks Industry

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

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



NatWest Group 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.

NatWest Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=40.20/0.25
=160.80

* 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.

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

For example, NatWest Group'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)
=0.862/130.0000*130.0000
=0.862

Current CPI (Dec. 2023) = 130.0000.

NatWest Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.441 99.300 0.577
201406 0.081 99.800 0.106
201409 0.320 100.000 0.416
201412 -2.257 99.900 -2.937
201503 -0.202 99.600 -0.264
201506 0.130 100.100 0.169
201509 0.522 100.200 0.677
201512 -1.477 100.400 -1.912
201603 -0.471 100.400 -0.610
201606 -0.487 101.000 -0.627
201609 -0.180 101.500 -0.231
201612 -1.700 102.200 -2.162
201703 0.091 102.700 0.115
201706 0.259 103.500 0.325
201709 0.148 104.300 0.184
201712 -0.233 105.000 -0.288
201803 0.330 105.100 0.408
201806 0.032 105.900 0.039
201809 0.214 106.600 0.261
201812 0.132 107.100 0.160
201903 0.316 107.000 0.384
201906 0.579 107.900 0.698
201909 -0.143 108.400 -0.171
201912 0.672 108.500 0.805
202003 0.156 108.600 0.187
202006 -0.573 108.800 -0.685
202009 0.038 109.200 0.045
202012 -0.067 109.400 -0.080
202103 0.429 109.700 0.508
202106 0.790 111.400 0.922
202109 0.457 112.400 0.529
202112 0.308 114.700 0.349
202203 0.525 116.500 0.586
202206 0.659 120.500 0.711
202209 0.113 122.300 0.120
202212 0.831 125.300 0.862
202303 0.834 126.800 0.855
202306 0.668 129.400 0.671
202309 0.599 130.100 0.599
202312 0.862 130.000 0.862

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.


NatWest Group  (BSP:N1WG34) 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.


NatWest Group Shiller PE Ratio Related Terms

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NatWest Group (BSP:N1WG34) Business Description

Traded in Other Exchanges
Address
Gogarburn, P.O. Box 1000, Edinburgh, GBR, EH12 1HQ
NatWest Group derives around 90% of its total income from the United Kingdom. The bank operates a retail, commercial, and private bank in the U.K., offering clients lending and payment services as well as asset management services.

NatWest Group (BSP:N1WG34) Headlines

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