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Heartland Financial USA Shiller PE Ratio

: 16.78 (As of Today)
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As of today (2021-04-17), Heartland Financial USA's current share price is $50.340000. Heartland Financial USA's E10 for the quarter that ended in Dec. 2020 was $3.00. Heartland Financial USA's Shiller PE Ratio for today is 16.78.

NAS:HTLF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.73   Med: 18.16   Max: 29.31
Current: 16.77

9.73
29.31

During the past years, Heartland Financial USA's highest Shiller PE Ratio was 29.31. The lowest was 9.73. And the median was 18.16.

NAS:HTLF's Shiller PE Ratio is ranked lower than
64% of the 1092 Companies
in the Banks industry.

( Industry Median: 13.69 vs. NAS:HTLF: 16.77 )

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.

Heartland Financial USA's adjusted earnings per share data for the three months ended in Dec. 2020 was $0.898. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.00 for the trailing ten years ended in Dec. 2020.

Shiller PE for Stocks: The True Measure of Stock Valuation


Heartland Financial USA Shiller PE Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Heartland Financial USA Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.92 27.14 19.27 18.12 13.45

Heartland Financial USA Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 18.12 10.96 11.78 10.22 13.45

Competitive Comparison
* 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.


Heartland Financial USA Shiller PE Ratio Distribution

* The bar in red indicates where Heartland Financial USA's Shiller PE Ratio falls into.



Heartland Financial USA 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.

Heartland Financial USA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=50.340000/3
=16.78

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

Heartland Financial USA's E10 for the quarter that ended in Dec. 2020 is calculated as:

For example, Heartland Financial USA's adjusted earnings per share data for the three months ended in Dec. 2020 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2020 (Change)*Current CPI (Dec. 2020)
=0.897874/110.3642*110.3642
=0.898

Current CPI (Dec. 2020) = 110.3642.

Heartland Financial USA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201103 0.180 94.890 0.209
201106 0.540 95.319 0.625
201109 0.200 95.529 0.231
201112 0.310 95.632 0.358
201203 0.710 97.075 0.807
201206 0.770 96.661 0.879
201209 0.750 97.595 0.848
201212 0.500 97.158 0.568
201303 0.700 98.107 0.787
201306 0.540 98.557 0.605
201309 0.380 98.536 0.426
201312 0.420 98.692 0.470
201403 0.360 100.023 0.397
201406 0.560 100.520 0.615
201409 0.630 100.176 0.694
201412 0.640 98.604 0.716
201503 0.760 99.824 0.840
201506 0.720 100.691 0.789
201509 0.690 100.346 0.759
201512 0.641 99.957 0.708
201603 0.820 100.947 0.896
201606 0.840 101.524 0.913
201609 0.810 101.988 0.877
201612 0.733 102.456 0.790
201703 0.680 103.167 0.727
201706 0.810 103.278 0.866
201709 0.720 104.070 0.764
201712 0.450 104.578 0.475
201803 0.760 105.708 0.793
201806 0.850 106.324 0.882
201809 0.970 106.695 1.003
201812 0.930 106.200 0.966
201903 0.910 107.818 0.931
201906 1.260 108.250 1.285
201909 0.940 108.577 0.955
201912 1.030 108.841 1.044
202003 0.540 108.173 0.551
202006 0.820 109.318 0.828
202009 1.230 109.861 1.236
202012 0.898 110.364 0.898

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.


Heartland Financial USA  (NAS:HTLF) 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.


Heartland Financial USA Shiller PE Ratio Related Terms


Heartland Financial USA Shiller PE Ratio Headlines

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