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PacWest Bancorp (PacWest Bancorp) Shiller PE Ratio : 10.62 (As of Apr. 26, 2024)


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What is PacWest Bancorp Shiller PE Ratio?

As of today (2024-04-26), PacWest Bancorp's current share price is $7.54. PacWest Bancorp's E10 for the quarter that ended in Sep. 2023 was $0.71. PacWest Bancorp's Shiller PE Ratio for today is 10.62.

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

PACW' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.62   Med: 18.82   Max: 32.58
Current: 10.65

During the past years, PacWest Bancorp's highest Shiller PE Ratio was 32.58. The lowest was 4.62. And the median was 18.82.

PACW's Shiller PE Ratio is not ranked
in the Banks industry.
Industry Median: 10.305 vs PACW: 10.65

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.

PacWest Bancorp's adjusted earnings per share data for the three months ended in Sep. 2023 was $-0.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.71 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PacWest Bancorp Shiller PE Ratio Historical Data

The historical data trend for PacWest Bancorp'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.

PacWest Bancorp Shiller PE Ratio Chart

PacWest Bancorp Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.92 17.93 19.37 25.73 11.40

PacWest Bancorp Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 11.02 11.40 9.96 10.21 11.18

Competitive Comparison of PacWest Bancorp's Shiller PE Ratio

For the Banks - Regional subindustry, PacWest Bancorp'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.


PacWest Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where PacWest Bancorp's Shiller PE Ratio falls into.



PacWest Bancorp 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.

PacWest Bancorp's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=7.54/0.71
=10.62

* 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.

PacWest Bancorp's E10 for the quarter that ended in Sep. 2023 is calculated as:

For example, PacWest Bancorp's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.28/129.8595*129.8595
=-0.280

Current CPI (Sep. 2023) = 129.8595.

PacWest Bancorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 0.060 98.326 0.079
201403 0.550 99.695 0.716
201406 0.100 100.560 0.129
201409 0.600 100.428 0.776
201412 0.690 99.070 0.904
201503 0.710 99.621 0.926
201506 0.830 100.684 1.071
201509 0.680 100.392 0.880
201512 0.600 99.792 0.781
201603 0.740 100.470 0.956
201606 0.680 101.688 0.868
201609 0.770 101.861 0.982
201612 0.710 101.863 0.905
201703 0.650 102.862 0.821
201706 0.770 103.349 0.968
201709 0.840 104.136 1.047
201712 0.660 104.011 0.824
201803 0.930 105.290 1.147
201806 0.920 106.317 1.124
201809 0.940 106.507 1.146
201812 0.930 105.998 1.139
201903 0.920 107.251 1.114
201906 1.070 108.070 1.286
201909 0.920 108.329 1.103
201912 0.980 108.420 1.174
202003 -12.230 108.902 -14.584
202006 0.280 108.767 0.334
202009 0.380 109.815 0.449
202012 0.990 109.897 1.170
202103 1.270 111.754 1.476
202106 1.520 114.631 1.722
202109 1.170 115.734 1.313
202112 1.140 117.630 1.259
202203 1.010 121.301 1.081
202206 1.020 125.017 1.060
202209 1.020 125.227 1.058
202212 0.330 125.222 0.342
202303 -10.220 127.348 -10.422
202306 -1.750 128.729 -1.765
202309 -0.280 129.860 -0.280

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.


PacWest Bancorp  (NAS:PACW) 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.


PacWest Bancorp Shiller PE Ratio Related Terms

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


PacWest Bancorp (PacWest Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
9701 Wilshire Boulevard, Suite 700, Beverly Hills, CA, USA, 90212
PacWest Bancorp is a bank holding company with one wholly-owned banking subsidiary, Pacific Western Bank. The bank has tens of full-service branches mostly located throughout California. The bank provides commercial banking services, including real estate, construction, and commercial loans, as well as comprehensive deposit and treasury management services, to small and midsize businesses. The Bank also provides venture banking products including a comprehensive suite of financial services focused on entrepreneurial and venture-backed businesses. The vast majority of the bank's net revenue comes from net interest income.
Executives
Christopher D Blake officer: Exec VP, Director of HR PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Mark Yung director C/O 335 CONNIE CRESENT, CONCORD A6 L4K 5R2
Eggemeyer John M Iii director PO BOX 1329, RANCHO SANTA FE CA 92067
Craig A Carlson director PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Susan E Lester director PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
C William Hosler director PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Paul Robert Burke director PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
William J Black officer: EVP, Strategy & Corp. Dev. PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Paul W Taylor director 1331 SEVENTEENTH STREET,, SUITE 200, DENVER CO 80202
Stephanie B Mudick director C/O THE STUDENT LOAN CORPORATION, 750 WASHINGTON BLVD., 9TH FLOOR, STAMFORD CT 06897
Matthew P Wagner director, officer: CEO and President PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Kevin L Thompson officer: EVP, CHIEF FINANCIAL OFFICER 18101 VON KARMAN AVENUE, STE. 750, IRVINE CA 92612
Stanley R Ivie officer: EVP, Chief Risk Officer PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Bryan M Corsini officer: EVP & Chief Credit Officer PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Daniel B Platt director PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212

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