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Live Oak Bancshares (Live Oak Bancshares) Shiller PE Ratio : 19.04 (As of May. 12, 2024)


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What is Live Oak Bancshares Shiller PE Ratio?

As of today (2024-05-12), Live Oak Bancshares's current share price is $35.22. Live Oak Bancshares's E10 for the quarter that ended in Dec. 2023 was $1.85. Live Oak Bancshares's Shiller PE Ratio for today is 19.04.

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

LOB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.33   Med: 16.71   Max: 24.33
Current: 19.05

During the past years, Live Oak Bancshares's highest Shiller PE Ratio was 24.33. The lowest was 9.33. And the median was 16.71.

LOB's Shiller PE Ratio is ranked worse than
87.4% of 1135 companies
in the Banks industry
Industry Median: 10.37 vs LOB: 19.05

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.

Live Oak Bancshares's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.360. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.85 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Live Oak Bancshares Shiller PE Ratio Historical Data

The historical data trend for Live Oak Bancshares'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.

Live Oak Bancshares Shiller PE Ratio Chart

Live Oak Bancshares 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 - - - - 24.61

Live Oak Bancshares 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 11.07 11.92 15.52 24.61 -

Competitive Comparison of Live Oak Bancshares's Shiller PE Ratio

For the Banks - Regional subindustry, Live Oak Bancshares'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.


Live Oak Bancshares's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Live Oak Bancshares's Shiller PE Ratio falls into.



Live Oak Bancshares 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.

Live Oak Bancshares's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=35.22/1.85
=19.04

* 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.

Live Oak Bancshares's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Live Oak Bancshares'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)
=0.36/129.4194*129.4194
=0.360

Current CPI (Dec. 2023) = 129.4194.

Live Oak Bancshares Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.006 99.695 0.008
201406 0.227 100.560 0.292
201409 0.022 100.428 0.028
201412 0.083 99.070 0.108
201503 0.275 99.621 0.357
201506 0.121 100.684 0.156
201509 0.090 100.392 0.116
201512 0.160 99.792 0.208
201603 0.130 100.470 0.167
201606 0.003 101.688 0.004
201609 0.100 101.861 0.127
201612 0.160 101.863 0.203
201703 0.170 102.862 0.214
201706 0.270 103.349 0.338
201709 0.330 104.136 0.410
201712 1.740 104.011 2.165
201803 0.300 105.290 0.369
201806 0.340 106.317 0.414
201809 0.340 106.507 0.413
201812 0.260 105.998 0.317
201903 0.060 107.251 0.072
201906 0.120 108.070 0.144
201909 0.090 108.329 0.108
201912 0.170 108.420 0.203
202003 -0.190 108.902 -0.226
202006 0.090 108.767 0.107
202009 0.810 109.815 0.955
202012 0.680 109.897 0.801
202103 0.880 111.754 1.019
202106 1.410 114.631 1.592
202109 0.760 115.734 0.850
202112 0.660 117.630 0.726
202203 0.760 121.301 0.811
202206 2.160 125.017 2.236
202209 0.960 125.227 0.992
202212 0.040 125.222 0.041
202303 0.010 127.348 0.010
202306 0.390 128.729 0.392
202309 0.880 129.860 0.877
202312 0.360 129.419 0.360

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.


Live Oak Bancshares  (NYSE:LOB) 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.


Live Oak Bancshares Shiller PE Ratio Related Terms

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


Live Oak Bancshares (Live Oak Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
1741 Tiburon Drive, Wilmington, NC, USA, 28403
Live Oak Bancshares Inc operates as the bank holding company for the Live Oak Banking Company. The company specializes in lending and deposit-related services to small businesses nationwide. The company identifies and extends lending to credit-worthy borrowers both within specific industries, also called verticals, through expertise within those industries, and more broadly to select borrowers outside of those industries. A portion of the loans originated by the Bank are partially guaranteed by the Small Business Administration under the 7(a) Loan Program and the U.S. Department of Agriculture Rural Energy for America Program, Water and Environmental Program, Business and Industry and Community Facilities loan programs.
Executives
Steve Smits officer: Chief Credit Officer 1741 TIBURON DRIVE, WILMINGTON NC 28403
John W. Sutherland officer: Chief Accounting Officer 1741 TIBURON DRIVE, WILMINGTON NC 28403
Renato Derraik officer: Chief Info. & Digital Officer C/O LIVE OAK BANCSHARES, INC., 1741 TIBURON DRIVE, WILMINGTON NC 28403
David G Lucht director II CASCADE PLAZA, AKRON OH 44308
William Henderson Cameron director POST OFFICE BOX 3649, WILMINGTON NC 28406
Micah S Davis officer: Chief Marketing & Comm Officer 1741 TIBURON DRIVE, WILMINGTON NC 28403
Yousef A. Valine director 165 MADISON AVENUE, MEMPHIS TN 38103
Diane Beth Glossman director 2820 RIVER ROAD, NEW HOPE PA 18938
Casey S Crawford director 1741 TIBURON DRIVE, WILMINGTON NC 28403
Stephanie Mann officer: Chief Strategy Officer 1741 TIBURON DRIVE, WILMINGTON NC 28403
Spencer Courtney officer: Chief Experience Officer 1741 TIBURON DRIVE, WILMINGTON NC 28403
Losch William C Iii officer: Chief Financial Officer 165 MADISON AVENUE, MEMPHIS TN 38103
Tonya Williams Bradford director C/O LIVE OAK BANCSHARES, INC., 1741 TIBURON DRIVE, WILMINGTON NC 28403
Williams William L. Iii director 1741 TIBURON DRIVE, WILMINGTON NC 28403
Neil Lawrence Underwood director, officer: President 1420 CANOOCHEE DRIVE, ATLANTA GA 30319