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BMA (Banco Macro) Shiller PE Ratio : 26.52 (As of Jul. 25, 2025)


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What is Banco Macro Shiller PE Ratio?

As of today (2025-07-25), Banco Macro's current share price is $69.74. Banco Macro's E10 for the quarter that ended in Mar. 2025 was $2.63. Banco Macro's Shiller PE Ratio for today is 26.52.

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

BMA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.16   Med: 23.1   Max: 44.78
Current: 25.83

During the past years, Banco Macro's highest Shiller PE Ratio was 44.78. The lowest was 9.16. And the median was 23.10.

BMA's Shiller PE Ratio is ranked worse than
91.51% of 1201 companies
in the Banks industry
Industry Median: 11.87 vs BMA: 25.83

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.

Banco Macro's adjusted earnings per share data for the three months ended in Mar. 2025 was $0.658. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.63 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco Macro Shiller PE Ratio Historical Data

The historical data trend for Banco Macro'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.

Banco Macro Shiller PE Ratio Chart

Banco Macro Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.90 12.03 8.34 10.20 34.19

Banco Macro Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 16.68 25.54 25.14 34.19 28.69

Competitive Comparison of Banco Macro's Shiller PE Ratio

For the Banks - Regional subindustry, Banco Macro'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.


Banco Macro's Shiller PE Ratio Distribution in the Banks Industry

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

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


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Banco Macro 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.

Banco Macro's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=69.74/2.63
=26.52

* 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.

Banco Macro's E10 for the quarter that ended in Mar. 2025 is calculated as:

For example, Banco Macro's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.658/134.9266*134.9266
=0.658

Current CPI (Mar. 2025) = 134.9266.

Banco Macro Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 1.552 100.684 2.080
201509 2.010 100.392 2.701
201512 2.604 99.792 3.521
201603 1.628 100.470 2.186
201606 2.210 101.688 2.932
201609 1.870 101.861 2.477
201612 1.829 101.863 2.423
201703 2.225 102.862 2.919
201706 2.269 103.349 2.962
201709 2.335 104.136 3.025
201712 2.357 104.011 3.058
201803 2.595 105.290 3.325
201806 1.866 106.317 2.368
201809 1.571 106.507 1.990
201812 2.145 105.998 2.730
201903 1.573 107.251 1.979
201906 1.059 108.070 1.322
201909 2.548 108.329 3.174
201912 1.822 108.420 2.267
202003 2.420 108.902 2.998
202006 2.093 108.767 2.596
202009 1.553 109.815 1.908
202012 0.826 109.897 1.014
202103 0.582 111.754 0.703
202106 1.250 114.631 1.471
202109 2.153 115.734 2.510
202112 2.711 117.630 3.110
202203 1.791 121.301 1.992
202206 1.162 125.017 1.254
202209 2.377 125.227 2.561
202212 20.779 125.222 22.389
202303 2.998 127.348 3.176
202306 10.684 128.729 11.198
202309 1.034 129.860 1.074
202312 43.761 129.419 45.623
202403 8.042 131.776 8.234
202406 -4.082 132.554 -4.155
202409 1.495 133.029 1.516
202412 2.021 133.157 2.048
202503 0.658 134.927 0.658

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.


Banco Macro  (NYSE:BMA) 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.


Banco Macro Shiller PE Ratio Related Terms

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


Banco Macro Business Description

Traded in Other Exchanges
Address
Avenida Eduardo Madero 1182, City of Buenos Aires, ARG, 1172
Banco Macro SA is a financial institution and it provides standard banking products and services designed to suit individual needs. It has two categories of customers, retail customers, which include individuals and entrepreneurs, and corporate customers, which include small, medium, and large companies and corporations. In addition, it provides services to four provincial governments. It generates the majority of its revenue from Argentina.