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United Bancorp (United Bancorp) Shiller PE Ratio : 10.54 (As of Apr. 25, 2024)


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What is United Bancorp Shiller PE Ratio?

As of today (2024-04-25), United Bancorp's current share price is $12.96. United Bancorp's E10 for the quarter that ended in Dec. 2023 was $1.23. United Bancorp's Shiller PE Ratio for today is 10.54.

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

UBCP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.28   Med: 15.58   Max: 20.77
Current: 10.54

During the past years, United Bancorp's highest Shiller PE Ratio was 20.77. The lowest was 8.28. And the median was 15.58.

UBCP's Shiller PE Ratio is ranked worse than
51.43% of 1122 companies
in the Banks industry
Industry Median: 10.305 vs UBCP: 10.54

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.

United Bancorp's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.420. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.23 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Bancorp Shiller PE Ratio Historical Data

The historical data trend for United 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.

United Bancorp Shiller PE Ratio Chart

United Bancorp 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 19.78 16.26 17.42 13.30 10.42

United Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 13.30 12.64 10.09 9.54 10.42

Competitive Comparison of United Bancorp's Shiller PE Ratio

For the Banks - Regional subindustry, United 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.


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

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

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



United 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.

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

Shiller PE Ratio=Share Price/ E10
=12.96/1.23
=10.54

* 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.

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

For example, United Bancorp'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)
=0.42/129.4194*129.4194
=0.420

Current CPI (Dec. 2023) = 129.4194.

United Bancorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.100 99.695 0.130
201406 0.140 100.560 0.180
201409 0.140 100.428 0.180
201412 0.150 99.070 0.196
201503 0.140 99.621 0.182
201506 0.160 100.684 0.206
201509 0.170 100.392 0.219
201512 0.170 99.792 0.220
201603 0.170 100.470 0.219
201606 0.180 101.688 0.229
201609 0.180 101.861 0.229
201612 0.180 101.863 0.229
201703 0.170 102.862 0.214
201706 0.180 103.349 0.225
201709 0.200 104.136 0.249
201712 0.150 104.011 0.187
201803 0.230 105.290 0.283
201806 0.230 106.317 0.280
201809 0.250 106.507 0.304
201812 0.110 105.998 0.134
201903 0.280 107.251 0.338
201906 0.290 108.070 0.347
201909 0.310 108.329 0.370
201912 0.310 108.420 0.370
202003 0.280 108.902 0.333
202006 0.290 108.767 0.345
202009 0.360 109.815 0.424
202012 0.460 109.897 0.542
202103 0.330 111.754 0.382
202106 0.380 114.631 0.429
202109 0.500 115.734 0.559
202112 0.410 117.630 0.451
202203 0.300 121.301 0.320
202206 0.400 125.017 0.414
202209 0.400 125.227 0.413
202212 0.400 125.222 0.413
202303 0.330 127.348 0.335
202306 0.400 128.729 0.402
202309 0.420 129.860 0.419
202312 0.420 129.419 0.420

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.


United Bancorp  (NAS:UBCP) 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.


United Bancorp Shiller PE Ratio Related Terms

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


United Bancorp (United Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
201 South Fourth Street, P.O. Box 10, Martins Ferry, OH, USA, 43935
United Bancorp Inc operates as a bank holding company that provides commercial and retail banking services. The company's primary deposit products are checking, savings and term certificate accounts and its primary lending products are residential mortgages, commercial and installment loans. The company serves customers mainly located in Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson and Tuscarawas Counties in Ohio and Marshall and Ohio Counties in West Virginia and the surrounding localities in northeastern, east-central and southeastern Ohio and include a wide range of individuals, businesses and other organizations.
Executives
Randall M Greenwood officer: Senior Vice President CFO
Scott A Everson officer: Sr Vo COO 67295 COUNTRYSIDE, SAINT CLAIRSVILLE OH 43950
Richard L Riesbeck director PO BOX 459, ST CLAIRSVILLE OH 43950
John M Hoopingarner director 320 EAST 14TH STREET, DOVER OH 44622
Matthew Fredrick Branstetter officer: SVP and COO 135 EDGWOOD STREET, WHEELING WV 26003
Gary W Glessner director C/O UNITED BANCORP, INC., PO BOX 10, MARTINS FERRY OH 43935
Lisa Ann Basinger officer: Corporate Secretary 100 STONE CHRUCH RD., APT. T, WHEELING WV 26003
Terry A Mcghee director
Elmer Kinsey Leeper officer: VP Chief Retail Officer 3262 STATE ROUTE NORTH WEST, DOVER OH 44622
Michael A Lloyd officer: VP Information Systems
Matthew C Thomas director
Seth Robert Abraham officer: Vice President Chief Human Res 26 OAK PARK, WHEELING WV 26003
James W Everson officer: Chairman, President and CEO 5893 ROLLING PINES DRIVE, NAPLES FL 34110-3304
James A Lodes officer: VP Lending
Michael J Arciello director 1654 COVENTRY ROAD NE, MASSILION OH 44646

United Bancorp (United Bancorp) Headlines

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