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Customers Bancorp (FRA:334) Shiller PE Ratio : 11.58 (As of Apr. 26, 2024)


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What is Customers Bancorp Shiller PE Ratio?

As of today (2024-04-26), Customers Bancorp's current share price is €46.20. Customers Bancorp's E10 for the quarter that ended in Dec. 2023 was €3.99. Customers Bancorp's Shiller PE Ratio for today is 11.58.

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

FRA:334' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.56   Med: 11.32   Max: 25.07
Current: 11.64

During the past years, Customers Bancorp's highest Shiller PE Ratio was 25.07. The lowest was 4.56. And the median was 11.32.

FRA:334's Shiller PE Ratio is ranked worse than
60.39% of 1126 companies
in the Banks industry
Industry Median: 10.305 vs FRA:334: 11.64

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.

Customers Bancorp's adjusted earnings per share data for the three months ended in Dec. 2023 was €1.641. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.99 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Customers Bancorp Shiller PE Ratio Historical Data

The historical data trend for Customers Bancorp'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.

Customers Bancorp Shiller PE Ratio Chart

Customers Bancorp 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 - 9.15 21.91 7.82 13.39

Customers Bancorp 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 7.82 4.89 7.70 8.24 13.39

Competitive Comparison of Customers Bancorp's Shiller PE Ratio

For the Banks - Regional subindustry, Customers Bancorp'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.


Customers Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

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



Customers Bancorp 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.

Customers Bancorp's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=46.20/3.99
=11.58

* 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.

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

For example, Customers Bancorp'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)
=1.641/129.4194*129.4194
=1.641

Current CPI (Dec. 2023) = 129.4194.

Customers Bancorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.220 99.695 0.286
201406 0.282 100.560 0.363
201409 0.338 100.428 0.436
201412 0.381 99.070 0.498
201503 0.453 99.621 0.588
201506 0.347 100.684 0.446
201509 0.445 100.392 0.574
201512 0.532 99.792 0.690
201603 0.521 100.470 0.671
201606 0.525 101.688 0.668
201609 0.561 101.861 0.713
201612 0.483 101.863 0.614
201703 0.626 102.862 0.788
201706 0.552 103.349 0.691
201709 0.109 104.136 0.135
201712 0.465 104.011 0.579
201803 0.519 105.290 0.638
201806 0.531 106.317 0.646
201809 0.060 106.507 0.073
201812 0.387 105.998 0.473
201903 0.336 107.251 0.405
201906 0.159 108.070 0.190
201909 0.672 108.329 0.803
201912 0.675 108.420 0.806
202003 -0.018 108.902 -0.021
202006 0.542 108.767 0.645
202009 1.257 109.815 1.481
202012 1.356 109.897 1.597
202103 0.848 111.754 0.982
202106 1.428 114.631 1.612
202109 2.763 115.734 3.090
202112 2.540 117.630 2.795
202203 1.979 121.301 2.111
202206 1.589 125.017 1.645
202209 1.869 125.227 1.932
202212 0.727 125.222 0.751
202303 1.448 127.348 1.472
202306 1.283 128.729 1.290
202309 2.417 129.860 2.409
202312 1.641 129.419 1.641

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.


Customers Bancorp  (FRA:334) 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.


Customers Bancorp Shiller PE Ratio Related Terms

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Customers Bancorp (FRA:334) Business Description

Traded in Other Exchanges
Address
701 Reading Avenue, West Reading, PA, USA, 19611
Customers Bancorp Inc is a bank holding company engaged in banking activities. It provides financial products and services to small and middle-market businesses, not-for-profits, and consumers. The company operates in Lending Activities, Commercial Lending, Consumer Lending, Private Banking, Deposit Products, Other Funding Sources, and Financial Products and Services. The majority of revenue is derived from commercial lending.

Customers Bancorp (FRA:334) Headlines

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