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First Busey (First Busey) Shiller PE Ratio : 11.18 (As of Apr. 25, 2024)


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What is First Busey Shiller PE Ratio?

As of today (2024-04-25), First Busey's current share price is $23.15. First Busey's E10 for the quarter that ended in Dec. 2023 was $2.07. First Busey's Shiller PE Ratio for today is 11.18.

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

BUSE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.69   Med: 13.32   Max: 20.58
Current: 11.18

During the past years, First Busey's highest Shiller PE Ratio was 20.58. The lowest was 8.69. And the median was 13.32.

BUSE's Shiller PE Ratio is ranked worse than
57.13% of 1122 companies
in the Banks industry
Industry Median: 10.395 vs BUSE: 11.18

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.

First Busey's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Busey Shiller PE Ratio Historical Data

The historical data trend for First Busey'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.

First Busey Shiller PE Ratio Chart

First Busey 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 20.70 15.03 16.40 13.00 11.99

First Busey Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.29 9.96 9.34 11.99 -

Competitive Comparison of First Busey's Shiller PE Ratio

For the Banks - Regional subindustry, First Busey'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.


First Busey's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where First Busey's Shiller PE Ratio falls into.



First Busey 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.

First Busey's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=23.15/2.07
=11.18

* 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.

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

For example, First Busey'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)
=0.46/129.4194*129.4194
=0.460

Current CPI (Dec. 2023) = 129.4194.

First Busey Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.270 99.695 0.351
201406 0.270 100.560 0.347
201409 0.310 100.428 0.399
201412 0.240 99.070 0.314
201503 0.260 99.621 0.338
201506 0.330 100.684 0.424
201509 0.360 100.392 0.464
201512 0.360 99.792 0.467
201603 0.360 100.470 0.464
201606 0.350 101.688 0.445
201609 0.400 101.861 0.508
201612 0.300 101.863 0.381
201703 0.390 102.862 0.491
201706 0.430 103.349 0.538
201709 0.410 104.136 0.510
201712 0.250 104.011 0.311
201803 0.450 105.290 0.553
201806 0.510 106.317 0.621
201809 0.550 106.507 0.668
201812 0.510 105.998 0.623
201903 0.480 107.251 0.579
201906 0.430 108.070 0.515
201909 0.450 108.329 0.538
201912 0.520 108.420 0.621
202003 0.280 108.902 0.333
202006 0.470 108.767 0.559
202009 0.560 109.815 0.660
202012 0.520 109.897 0.612
202103 0.690 111.754 0.799
202106 0.530 114.631 0.598
202109 0.460 115.734 0.514
202112 0.530 117.630 0.583
202203 0.510 121.301 0.544
202206 0.530 125.017 0.549
202209 0.640 125.227 0.661
202212 0.610 125.222 0.630
202303 0.650 127.348 0.661
202306 0.520 128.729 0.523
202309 0.540 129.860 0.538
202312 0.460 129.419 0.460

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.


First Busey  (NAS:BUSE) 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.


First Busey Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of First Busey's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


First Busey (First Busey) Business Description

Traded in Other Exchanges
N/A
Address
100 W. University Avenue, Champaign, IL, USA, 61820
First Busey Corporation is a financial holding company, whose subsidiaries provides retail and commercial banking services, remittance processing, and offers financial products and services with banking centers in Illinois, Missouri, Florida, and Indiana. The company's operations are managed through three operating segments consisting of Banking, FirsTech, and Wealth Management. The banking segment generates a vast majority of its revenue.
Executives
Michael David Cassens director 100 WEST UNIVERSITY AVE., CHAMPAIGN IL 61820
Stanley J Bradshaw director 900 ROOSEVELT PARKWAY, CHESTERFIELD MO 63017
Scott A. Phillips officer: Principal Accounting Officer 100 W. UNIVERSITY AVENUE, CHAMPAIGN IL 61820
Monica L Bowe officer: EVP Chief Risk Officer 100 WEST UNIVERSITY AVE., CHAMPAIGN IL 61820
Jeffrey David Jones officer: EVP & CFO 100 WEST UNIVERSITY AVENUE, CHAMPAIGN IL 61820
John Joseph Powers officer: EVP & General Counsel 100 WEST UNIVERSITY AVENUE, CHAMPAIGN IL 61820
Van A Dukeman director, officer: President & CEO 100 W. UNIVERSITY AVE, CHAMPAIGN IL 61820
Cassandra R Sanford director 100 W. UNIVERSITY AVENUE, CHAMPAIGN IL 61820
Stephen V King director FIRST BUSEY CORPORATION, 100 WEST UNIVERSITY AVENUE, CHAMPAIGN IL 61820
Amy L Randolph officer: Chief of Staff FIRST BUSEY CORPORATION, 100 WEST UNIVERSITY AVENUE, CHAMPAIGN IL 61820
George Barr director 2801 BLACK ROAD, JOLIET IL 60435
Karen M Jensen director 100 WEST UNIVERSITY AVE., CHAMPAIGN IL 61820
Samuel P Banks director 201 W MAIN ST, URBANA IL 61801
Frederic L Kenney director 100 W. UNIVERSITY AVE, CHAMPAIGN IL 61820
Robin N Elliott officer: President/CEO Busey Bank FIRST BUSEY CORPORATION, 100 WEST UNIVERSITY AVENUE, CHAMPAIGN IL 61820