GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Credicorp Ltd (NYSE:BAP) » Definitions » Shiller PE Ratio

Credicorp (Credicorp) Shiller PE Ratio : 11.49 (As of May. 29, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Credicorp Shiller PE Ratio?

As of today (2024-05-29), Credicorp's current share price is $164.34. Credicorp's E10 for the quarter that ended in Mar. 2024 was $14.30. Credicorp's Shiller PE Ratio for today is 11.49.

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

BAP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.78   Med: 21.8   Max: 33.36
Current: 11.49

During the past years, Credicorp's highest Shiller PE Ratio was 33.36. The lowest was 8.78. And the median was 21.80.

BAP's Shiller PE Ratio is ranked worse than
62.43% of 1142 companies
in the Banks industry
Industry Median: 10.13 vs BAP: 11.49

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.

Credicorp's adjusted earnings per share data for the three months ended in Mar. 2024 was $5.074. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $14.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Credicorp Shiller PE Ratio Historical Data

The historical data trend for Credicorp'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.

Credicorp Shiller PE Ratio Chart

Credicorp 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 20.97 16.81 11.03 10.89 10.84

Credicorp 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 10.24 10.96 9.28 10.84 11.85

Competitive Comparison of Credicorp's Shiller PE Ratio

For the Banks - Regional subindustry, Credicorp'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.


Credicorp's Shiller PE Ratio Distribution in the Banks Industry

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

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



Credicorp 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.

Credicorp's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=164.34/14.3
=11.49

* 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.

Credicorp's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Credicorp's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.074/131.7762*131.7762
=5.074

Current CPI (Mar. 2024) = 131.7762.

Credicorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.955 100.560 2.562
201409 2.158 100.428 2.832
201412 1.656 99.070 2.203
201503 2.691 99.621 3.560
201506 2.505 100.684 3.279
201509 2.699 100.392 3.543
201512 2.446 99.792 3.230
201603 2.662 100.470 3.491
201606 2.923 101.688 3.788
201609 3.177 101.861 4.110
201612 2.993 101.863 3.872
201703 2.974 102.862 3.810
201706 3.078 103.349 3.925
201709 4.073 104.136 5.154
201712 3.558 104.011 4.508
201803 3.471 105.290 4.344
201806 3.270 106.317 4.053
201809 3.382 106.507 4.184
201812 3.211 105.998 3.992
201903 3.692 107.251 4.536
201906 3.674 108.070 4.480
201909 3.655 108.329 4.446
201912 3.253 108.420 3.954
202003 0.700 108.902 0.847
202006 -2.084 108.767 -2.525
202009 0.351 109.815 0.421
202012 2.193 109.897 2.630
202103 3.801 111.754 4.482
202106 2.346 114.631 2.697
202109 3.904 115.734 4.445
202112 3.548 117.630 3.975
202203 3.931 121.301 4.270
202206 3.833 125.017 4.040
202209 4.437 125.227 4.669
202212 3.596 125.222 3.784
202303 4.645 127.348 4.807
202306 4.700 128.729 4.811
202309 4.153 129.860 4.214
202312 2.825 129.419 2.876
202403 5.074 131.776 5.074

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.


Credicorp  (NYSE:BAP) 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.


Credicorp Shiller PE Ratio Related Terms

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


Credicorp (Credicorp) Business Description

Traded in Other Exchanges
Address
Calle Centenario 156, La Molina, Lima, PER, 12
Credicorp Ltd is a financial services company in Peru. The company is involved mainly in commercial banking, providing trade finance, corporate finance, and leasing services. It also offers insurance for commercial property, transportation, automobile, life, health, and investment banking services: brokerage services, asset management, trust, custody and securitization services, trading and investment, and pension fund business. The company operates the following subsidiaries: Banco de Credito del Peru, Atlantic Security Bank, Prima AFP, El Pacifico-Peruano Suiza Compania de Seguros y Reaseguros, Credicorp Capital, and BCP Bolivia.

Credicorp (Credicorp) Headlines