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Cullen/Frost Bankers (FRA:CFZ) Shiller PE Ratio : 16.31 (As of Apr. 26, 2024)


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What is Cullen/Frost Bankers Shiller PE Ratio?

As of today (2024-04-26), Cullen/Frost Bankers's current share price is €108.00. Cullen/Frost Bankers's E10 for the quarter that ended in Dec. 2023 was €6.62. Cullen/Frost Bankers's Shiller PE Ratio for today is 16.31.

The historical rank and industry rank for Cullen/Frost Bankers's Shiller PE Ratio or its related term are showing as below:

FRA:CFZ' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.51   Med: 19.6   Max: 27.21
Current: 15.27

During the past years, Cullen/Frost Bankers's highest Shiller PE Ratio was 27.21. The lowest was 10.51. And the median was 19.60.

FRA:CFZ's Shiller PE Ratio is ranked worse than
78.51% of 1126 companies
in the Banks industry
Industry Median: 10.305 vs FRA:CFZ: 15.27

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.

Cullen/Frost Bankers's adjusted earnings per share data for the three months ended in Dec. 2023 was €1.421. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €6.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cullen/Frost Bankers Shiller PE Ratio Historical Data

The historical data trend for Cullen/Frost Bankers'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.

Cullen/Frost Bankers Shiller PE Ratio Chart

Cullen/Frost Bankers 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 19.35 16.69 21.56 20.21 14.96

Cullen/Frost Bankers 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 20.21 15.31 15.19 12.58 14.96

Competitive Comparison of Cullen/Frost Bankers's Shiller PE Ratio

For the Banks - Regional subindustry, Cullen/Frost Bankers'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.


Cullen/Frost Bankers's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Cullen/Frost Bankers's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Cullen/Frost Bankers's Shiller PE Ratio falls into.



Cullen/Frost Bankers 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.

Cullen/Frost Bankers's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=108.00/6.62
=16.31

* 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.

Cullen/Frost Bankers's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Cullen/Frost Bankers'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)
=1.421/129.4194*129.4194
=1.421

Current CPI (Dec. 2023) = 129.4194.

Cullen/Frost Bankers Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.694 99.695 0.901
201406 0.758 100.560 0.976
201409 0.916 100.428 1.180
201412 0.900 99.070 1.176
201503 1.016 99.621 1.320
201506 0.989 100.684 1.271
201509 1.042 100.392 1.343
201512 0.826 99.792 1.071
201603 0.961 100.470 1.238
201606 0.988 101.688 1.257
201609 1.105 101.861 1.404
201612 1.213 101.863 1.541
201703 1.197 102.862 1.506
201706 1.148 103.349 1.438
201709 1.183 104.136 1.470
201712 1.293 104.011 1.609
201803 1.306 105.290 1.605
201806 1.438 106.317 1.750
201809 1.525 106.507 1.853
201812 1.600 105.998 1.954
201903 1.584 107.251 1.911
201906 1.522 108.070 1.823
201909 1.571 108.329 1.877
201912 1.440 108.420 1.719
202003 0.679 108.902 0.807
202006 1.305 108.767 1.553
202009 1.274 109.815 1.501
202012 1.134 109.897 1.335
202103 1.487 111.754 1.722
202106 1.494 114.631 1.687
202109 1.403 115.734 1.569
202112 1.363 117.630 1.500
202203 1.362 121.301 1.453
202206 1.712 125.017 1.772
202209 2.616 125.227 2.704
202212 2.747 125.222 2.839
202303 2.522 127.348 2.563
202306 2.280 128.729 2.292
202309 2.230 129.860 2.222
202312 1.421 129.419 1.421

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.


Cullen/Frost Bankers  (FRA:CFZ) 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.


Cullen/Frost Bankers Shiller PE Ratio Related Terms

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Cullen/Frost Bankers (FRA:CFZ) Business Description

Traded in Other Exchanges
Address
111 W. Houston Street, San Antonio, TX, USA, 78205
Cullen/Frost Bankers is a financial holding company, headquartered in San Antonio. One of the 50 largest U.S. banks, Frost provides a wide range of banking, investments, and insurance services to businesses and individuals across Texas in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Permian Basin, Rio Grande Valley, and San Antonio regions.

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