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University Bancorp Inc (OTCPK:UNIB)
Shiller PE Ratio
51.07 (As of Today)

As of today, University Bancorp Inc's current share price is $7.15. University Bancorp Inc's E10 for the quarter that ended in Dec. 2016 was $0.14. University Bancorp Inc's Shiller P/E Ratio for today is 51.07.

UNIB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 27.83   Max: 66.25
Current: 49.59

27.83
66.25

During the past 13 years, University Bancorp Inc's highest Shiller P/E Ratio was 66.25. The lowest was 27.83. And the median was 58.33.

UNIB's Shiller PE Ratio is ranked lower than
91% of the 479 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 20.93 vs. UNIB: 49.59 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

University Bancorp Inc's adjusted earnings per share data for the three months ended in Dec. 2016 was $0.746. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.14 for the trailing ten years ended in Dec. 2016.


Definition

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

University Bancorp Inc's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=7.15/0.14
=51.07

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

University Bancorp Inc's E10 for the fiscal year that ended in Dec16 is calculated as:

For example, University Bancorp Inc's adjusted earnings per share data for the three months ended in Dec. 2016 was:

Adj_EPS=Earnigns per Share/CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=0.746/241.432*241.432
=0.746

Current CPI (Dec. 2016) = 241.432.

University Bancorp Inc Quarterly Data

200706200709200712200803200806200809201312201412201512201612
per share eps 0.210-0.010-0.0900.0600.0200.0300.0000.0320.6150.746
CPI 208.352208.490210.036213.528218.815218.783233.049234.812236.525241.432
Adj_EPS 0.243-0.012-0.1030.0680.0220.0330.0000.0330.6280.746
200412200503200506200509200512200603200606200609200612200703
per share eps -0.0230.039-0.0200.0000.4500.002-0.060-0.030-0.0100.040
CPI 190.300193.300194.500198.800196.800199.800202.900202.900201.800205.352
Adj_EPS -0.0290.049-0.0250.0000.5520.002-0.071-0.036-0.0120.047
200206200209200212200303200306200309200312200403200406200409
per share eps -0.0600.0900.1000.0200.0000.030-0.030-0.045-0.021-0.050
CPI 179.900181.000180.900184.200183.700185.200184.300187.400189.700189.900
Adj_EPS -0.0810.1200.1330.0260.0000.039-0.039-0.058-0.027-0.064
199912200003200006200009200012200103200106200109200112200203
per share eps -0.010-0.090-0.1800.002-0.1800.0100.020-0.2100.030-0.010
CPI 0.000171.200172.400173.700174.000176.200178.000178.300176.700178.800
Adj_EPS -0.127-0.2520.003-0.2500.0140.027-0.2840.041-0.014

Add all the adjusted EPS together and divide 10 will get our E10.


Explanation

Compared with the regular P/E ratio, which works poorly for cyclical businesses, the Shiller P/E 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 P/E should give similar results to regular P/E.

Compared with the P/S ratio, the Shiller P/E makes the comparison between different industries more meaningful.


Be Aware

The Shiller P/E 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, the Shiller P/E and P/S ratio will give false valuations.


Related Terms

P/E Ratio, P/B Ratio, P/S Ratio, Price-to-Free-Cash-Flow ratio, E10


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

University Bancorp Inc Annual Data

Dec02Dec03Dec04Dec05Dec06Dec07Dec13Dec14Dec15Dec16
ShillerPE 0.000.000.000.000.000.000.000.00173.4749.93

University Bancorp Inc Quarterly Data

Jun07Sep07Dec07Mar08Jun08Sep08Dec13Dec14Dec15Dec16
ShillerPE 0.000.000.000.000.000.000.000.00173.4749.93
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