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MidWestOne Financial Group (MidWestOne Financial Group) Shiller PE Ratio : 7.79 (As of May. 05, 2024)


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What is MidWestOne Financial Group Shiller PE Ratio?

As of today (2024-05-05), MidWestOne Financial Group's current share price is $21.35. MidWestOne Financial Group's E10 for the quarter that ended in Dec. 2023 was $2.74. MidWestOne Financial Group's Shiller PE Ratio for today is 7.79.

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

MOFG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.56   Med: 19.96   Max: 30.14
Current: 7.78

During the past years, MidWestOne Financial Group's highest Shiller PE Ratio was 30.14. The lowest was 6.56. And the median was 19.96.

MOFG's Shiller PE Ratio is ranked better than
72.1% of 1136 companies
in the Banks industry
Industry Median: 10.365 vs MOFG: 7.78

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.

MidWestOne Financial Group's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.74 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MidWestOne Financial Group Shiller PE Ratio Historical Data

The historical data trend for MidWestOne Financial Group'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.

MidWestOne Financial Group Shiller PE Ratio Chart

MidWestOne Financial Group 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 16.89 11.73 12.93 11.32 9.81

MidWestOne Financial Group 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 8.76 7.64 7.25 9.81 -

Competitive Comparison of MidWestOne Financial Group's Shiller PE Ratio

For the Banks - Regional subindustry, MidWestOne Financial Group'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.


MidWestOne Financial Group's Shiller PE Ratio Distribution in the Banks Industry

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

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



MidWestOne Financial Group 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.

MidWestOne Financial Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=21.35/2.74
=7.79

* 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.

MidWestOne Financial Group's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, MidWestOne Financial Group'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)
=0.17/129.4194*129.4194
=0.170

Current CPI (Dec. 2023) = 129.4194.

MidWestOne Financial Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.580 99.695 0.753
201406 0.560 100.560 0.721
201409 0.590 100.428 0.760
201412 0.460 99.070 0.601
201503 0.570 99.621 0.740
201506 0.420 100.684 0.540
201509 0.670 100.392 0.864
201512 0.720 99.792 0.934
201603 0.480 100.470 0.618
201606 0.420 101.688 0.535
201609 0.540 101.861 0.686
201612 0.340 101.863 0.432
201703 0.580 102.862 0.730
201706 0.590 103.349 0.739
201709 0.520 104.136 0.646
201712 -0.130 104.011 -0.162
201803 0.640 105.290 0.787
201806 0.670 106.317 0.816
201809 0.550 106.507 0.668
201812 0.620 105.998 0.757
201903 0.600 107.251 0.724
201906 0.720 108.070 0.862
201909 0.760 108.329 0.908
201912 0.830 108.420 0.991
202003 -0.120 108.902 -0.143
202006 0.730 108.767 0.869
202009 -1.230 109.815 -1.450
202012 1.040 109.897 1.225
202103 1.350 111.754 1.563
202106 1.080 114.631 1.219
202109 1.030 115.734 1.152
202112 0.910 117.630 1.001
202203 0.880 121.301 0.939
202206 0.800 125.017 0.828
202209 1.170 125.227 1.209
202212 1.020 125.222 1.054
202303 0.090 127.348 0.091
202306 0.480 128.729 0.483
202309 0.580 129.860 0.578
202312 0.170 129.419 0.170

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.


MidWestOne Financial Group  (NAS:MOFG) 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.


MidWestOne Financial Group Shiller PE Ratio Related Terms

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


MidWestOne Financial Group (MidWestOne Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
102 South Clinton Street, Iowa City, IA, USA, 52240
MidWestOne Financial Group Inc is a bank holding company engaged in delivering relationship-based business and personal banking products and services. The Bank provides commercial loans, real estate loans, agricultural loans, credit card loans, and consumer loans. It also provides deposit products including demand and interest checking accounts, savings accounts, money market accounts, and time deposits. The Bank also provides products and services including treasury management, Zelle, online and mobile banking, debit cards, ATMs, and safe deposit boxes. The Bank offers its products and services through its network of full-service banking offices. the Bank's investments services department offers financial planning, investment advisory, and retail securities brokerage services.
Executives
Janet E Godwin director 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Nathaniel J Kaeding director 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Ruth E Stanoch director 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Charles N Reeves director, officer: Chief Executive Officer 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Larry D Albert director, officer: Executive Vice President 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Matthew J Hayek director 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Tracy S Mccormick director 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Jennifer Leigh Hauschildt director 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Kevin W Monson director 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Len D Devaisher officer: President and COO 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
David E Lindstrom officer: EVP, Consumer Banking 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
John J Ruppel officer: Chief Accounting Officer 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Charles N Funk director, officer: President and CEO 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Kurt R Weise director, officer: Executive Vice President 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Douglas K True director 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700