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Spar Nord Bank A/S (LTS:0JH4) Shiller PE Ratio : 10.92 (As of Apr. 26, 2024)


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What is Spar Nord Bank A/S Shiller PE Ratio?

As of today (2024-04-26), Spar Nord Bank A/S's current share price is kr68.80. Spar Nord Bank A/S's E10 for the quarter that ended in Dec. 2023 was kr6.30. Spar Nord Bank A/S's Shiller PE Ratio for today is 10.92.

The historical rank and industry rank for Spar Nord Bank A/S's Shiller PE Ratio or its related term are showing as below:

LTS:0JH4' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.27   Med: 11.5   Max: 15.83
Current: 12.62

During the past years, Spar Nord Bank A/S's highest Shiller PE Ratio was 15.83. The lowest was 5.27. And the median was 11.50.

LTS:0JH4's Shiller PE Ratio is ranked worse than
69.16% of 1122 companies
in the Banks industry
Industry Median: 10.395 vs LTS:0JH4: 12.62

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.

Spar Nord Bank A/S's adjusted earnings per share data for the three months ended in Dec. 2023 was kr4.500. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr6.30 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Spar Nord Bank A/S Shiller PE Ratio Historical Data

The historical data trend for Spar Nord Bank A/S'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.

Spar Nord Bank A/S Shiller PE Ratio Chart

Spar Nord Bank A/S 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 11.91 10.17 12.38 12.92 10.92

Spar Nord Bank A/S 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 12.92 12.51 11.88 11.50 10.92

Competitive Comparison of Spar Nord Bank A/S's Shiller PE Ratio

For the Banks - Regional subindustry, Spar Nord Bank A/S'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.


Spar Nord Bank A/S's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Spar Nord Bank A/S's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Spar Nord Bank A/S's Shiller PE Ratio falls into.



Spar Nord Bank A/S 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.

Spar Nord Bank A/S's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=68.80/6.3
=10.92

* 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.

Spar Nord Bank A/S's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Spar Nord Bank A/S'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)
=4.5/116.7000*116.7000
=4.500

Current CPI (Dec. 2023) = 116.7000.

Spar Nord Bank A/S Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 2.500 99.600 2.929
201406 1.000 99.700 1.171
201409 1.600 99.700 1.873
201412 -0.200 99.400 -0.235
201503 3.700 100.200 4.309
201506 1.300 100.300 1.513
201509 1.200 100.200 1.398
201512 0.900 99.800 1.052
201603 1.300 100.200 1.514
201606 1.800 100.600 2.088
201609 2.400 100.200 2.795
201612 1.200 100.300 1.396
201703 2.500 101.200 2.883
201706 2.000 101.200 2.306
201709 1.700 101.800 1.949
201712 1.500 101.300 1.728
201803 2.500 101.700 2.869
201806 2.500 102.300 2.852
201809 1.700 102.400 1.937
201812 0.500 102.100 0.571
201903 2.000 102.900 2.268
201906 2.200 102.900 2.495
201909 2.600 102.900 2.949
201912 1.400 102.900 1.588
202003 0.100 103.300 0.113
202006 1.800 103.200 2.035
202009 2.000 103.500 2.255
202012 1.800 103.400 2.032
202103 2.300 104.300 2.573
202106 3.100 105.000 3.445
202109 2.700 105.800 2.978
202112 2.500 106.600 2.737
202203 2.200 109.900 2.336
202206 1.800 113.600 1.849
202209 2.900 116.400 2.907
202212 4.400 115.900 4.430
202303 4.500 117.300 4.477
202306 5.100 116.400 5.113
202309 5.700 117.400 5.666
202312 4.500 116.700 4.500

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.


Spar Nord Bank A/S  (LTS:0JH4) 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.


Spar Nord Bank A/S Shiller PE Ratio Related Terms

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Spar Nord Bank A/S (LTS:0JH4) Business Description

Traded in Other Exchanges
Address
Skelagervej 15, P.O. Box 162, Aalborg, DNK, 9100
Spar Nord Bank A/S is a retail bank operating in Denmark. About half of the bank's presence is in North Jutland. The company mostly grew outside its home base via mergers and acquisitions. It caters to common households and local small and medium-sized enterprises. The company's strategy emphasizes personalization and financial technology. Most of the bank's income is net interest income, followed by net fees, charges, and commissions. The majority of the bank's loan portfolio is business lending. The bank's business loan portfolio is diversified among several industries, most notably financial services, real estate, trade, and agriculture, hunting, and forestry.

Spar Nord Bank A/S (LTS:0JH4) Headlines

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