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Sumitomo Mitsui Financial Group Shiller PE Ratio

: 8.69 (As of Today)
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As of today (2022-01-18), Sumitomo Mitsui Financial Group's current share price is $7.56. Sumitomo Mitsui Financial Group's E10 for the quarter that ended in Sep. 2021 was $0.87. Sumitomo Mitsui Financial Group's Shiller PE Ratio for today is 8.69.

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

NYSE:SMFG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.31   Med: 9.02   Max: 20.69
Current: 8.81

5.31
20.69

During the past years, Sumitomo Mitsui Financial Group's highest Shiller PE Ratio was 20.69. The lowest was 5.31. And the median was 9.02.

NYSE:SMFG's Shiller PE Ratio is ranked higher than
74% of the 1070 Companies
in the Banks industry.

( Industry Median: 14.16 vs. NYSE:SMFG: 8.81 )

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.

Sumitomo Mitsui Financial Group's adjusted earnings per share data for the three months ended in Sep. 2021 was $0.209. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.87 for the trailing ten years ended in Sep. 2021.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sumitomo Mitsui Financial Group Shiller PE Ratio Historical Data

The historical data trend for Sumitomo Mitsui 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.

Sumitomo Mitsui Financial Group Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.14 11.24 8.12 5.46 8.32

Sumitomo Mitsui Financial Group Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 6.20 6.80 8.32 8.00 8.06

Competitive Comparison

For the Banks - Diversified subindustry, Sumitomo Mitsui 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.

   

Sumitomo Mitsui Financial Group Shiller PE Ratio Distribution

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

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



Sumitomo Mitsui 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.

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

Shiller PE Ratio=Share Price/ E10
=7.56/0.87
=8.69

* 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.

Sumitomo Mitsui Financial Group's E10 for the quarter that ended in Sep. 2021 is calculated as:

For example, Sumitomo Mitsui Financial Group's adjusted earnings per share data for the three months ended in Sep. 2021 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=0.209/101.9089*101.9089
=0.209

Current CPI (Sep. 2021) = 101.9089.

Sumitomo Mitsui Financial Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201112 0.277 96.004 0.294
201203 -0.126 96.819 -0.133
201206 0.219 96.106 0.232
201209 0.325 96.106 0.345
201212 0.459 95.801 0.488
201303 -0.024 95.902 -0.026
201306 0.435 96.310 0.460
201309 0.251 97.124 0.263
201312 0.347 97.328 0.363
201403 0.187 97.429 0.196
201406 0.331 99.771 0.338
201409 0.218 100.280 0.222
201412 0.357 99.669 0.365
201503 0.087 99.669 0.089
201506 0.317 100.178 0.322
201509 0.215 100.280 0.218
201512 0.218 99.873 0.222
201603 0.026 99.669 0.027
201606 0.256 99.873 0.261
201609 0.462 99.771 0.472
201612 0.049 100.178 0.050
201703 0.208 99.873 0.212
201706 0.309 100.280 0.314
201709 0.236 100.585 0.239
201712 0.279 101.196 0.281
201803 0.115 100.993 0.116
201806 0.294 100.993 0.297
201809 0.167 101.705 0.167
201812 0.358 101.502 0.359
201903 0.115 101.502 0.115
201906 0.287 101.604 0.288
201909 0.293 101.909 0.293
201912 0.240 102.316 0.239
202003 0.127 102.113 0.127
202006 0.117 101.705 0.117
202009 0.318 101.705 0.319
202012 0.165 101.094 0.166
202103 0.106 101.705 0.106
202106 0.269 101.298 0.271
202109 0.209 101.909 0.209

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.


Sumitomo Mitsui Financial Group  (NYSE:SMFG) 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.


Sumitomo Mitsui Financial Group Shiller PE Ratio Related Terms

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Sumitomo Mitsui Financial Group Business Description

Sumitomo Mitsui Financial Group logo
Industry
Financial Services » Banks NAICS : 522110 SIC : 6029
Address
1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-0005
Sumitomo Mitsui Financial Group is roughly tied with Mizuho Financial Group for the status of Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of December 2020, its market share of domestic loans was 7.1%, compared with 8.5% for MUFG. It has a larger consumer finance business than the other two megabanks, owning 100% of the Promise business and SMBC Card. It also controls one of Japan's largest leasing companies and SMBC Aviation Capital, one of the top five aircraft lessors globally. In securities, its SMBC Nikko unit is Japan's third-largest retail broker, although SMFG has lagged somewhat in institutional securities business and asset management, areas that it is working on strengthening.

Sumitomo Mitsui Financial Group Headlines

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