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Bank of Montreal (FRA:BZZ) Shiller PE Ratio : 12.07 (As of May. 12, 2024)


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What is Bank of Montreal Shiller PE Ratio?

As of today (2024-05-12), Bank of Montreal's current share price is €86.28. Bank of Montreal's E10 for the quarter that ended in Jan. 2024 was €7.15. Bank of Montreal's Shiller PE Ratio for today is 12.07.

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

FRA:BZZ' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.54   Med: 14.37   Max: 17.91
Current: 12.49

During the past years, Bank of Montreal's highest Shiller PE Ratio was 17.91. The lowest was 8.54. And the median was 14.37.

FRA:BZZ's Shiller PE Ratio is ranked worse than
66.87% of 1135 companies
in the Banks industry
Industry Median: 10.37 vs FRA:BZZ: 12.49

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.

Bank of Montreal's adjusted earnings per share data for the three months ended in Jan. 2024 was €1.183. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €7.15 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Montreal Shiller PE Ratio Historical Data

The historical data trend for Bank of Montreal'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.

Bank of Montreal Shiller PE Ratio Chart

Bank of Montreal Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.59 10.69 16.07 12.29 10.20

Bank of Montreal Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 13.34 12.03 11.96 10.20 12.34

Competitive Comparison of Bank of Montreal's Shiller PE Ratio

For the Banks - Diversified subindustry, Bank of Montreal'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.


Bank of Montreal's Shiller PE Ratio Distribution in the Banks Industry

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

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



Bank of Montreal 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.

Bank of Montreal's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=86.28/7.15
=12.07

* 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.

Bank of Montreal's E10 for the quarter that ended in Jan. 2024 is calculated as:

For example, Bank of Montreal's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=1.183/125.4675*125.4675
=1.183

Current CPI (Jan. 2024) = 125.4675.

Bank of Montreal Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 1.054 98.920 1.337
201407 1.149 99.315 1.452
201410 1.098 99.473 1.385
201501 1.037 98.209 1.325
201504 1.116 99.710 1.404
201507 1.272 100.579 1.587
201510 1.247 100.500 1.557
201601 1.024 100.184 1.282
201604 0.997 101.370 1.234
201607 1.290 101.844 1.589
201610 1.384 102.002 1.702
201701 1.583 102.318 1.941
201704 1.278 103.029 1.556
201707 1.401 103.029 1.706
201710 1.222 103.424 1.482
201801 0.943 104.056 1.137
201804 1.191 105.320 1.419
201807 1.506 106.110 1.781
201810 1.726 105.952 2.044
201901 1.502 105.557 1.785
201904 1.504 107.453 1.756
201907 1.593 108.243 1.846
201910 1.220 107.927 1.418
202001 1.631 108.085 1.893
202004 0.655 107.216 0.766
202007 1.167 108.401 1.351
202010 1.524 108.638 1.760
202101 1.955 109.192 2.246
202104 1.278 110.851 1.447
202107 2.302 112.431 2.569
202110 2.239 113.695 2.471
202201 3.103 114.801 3.391
202204 5.228 118.357 5.542
202207 1.482 120.964 1.537
202210 4.827 121.517 4.984
202301 0.097 121.596 0.100
202304 0.879 123.571 0.892
202307 1.348 124.914 1.354
202310 1.437 125.310 1.439
202401 1.183 125.468 1.183

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.


Bank of Montreal  (FRA:BZZ) 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.


Bank of Montreal Shiller PE Ratio Related Terms

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Bank of Montreal (FRA:BZZ) Business Description

Address
129 rue Saint-Jacques, Montreal, QC, CAN, H2Y 1L6
Bank of Montreal is a diversified financial-services provider based in North America, operating four business segments: Canadian personal and commercial banking, U.S. P&C banking, wealth management, and capital markets. The bank's operations are primarily in Canada, with a material portion also in the U.S.

Bank of Montreal (FRA:BZZ) Headlines

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