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Banco Bilbao Vizcaya Argentaria (WBO:BBVA) Shiller PE Ratio : 15.96 (As of Apr. 25, 2024)


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What is Banco Bilbao Vizcaya Argentaria Shiller PE Ratio?

As of today (2024-04-25), Banco Bilbao Vizcaya Argentaria's current share price is €10.69. Banco Bilbao Vizcaya Argentaria's E10 for the quarter that ended in Dec. 2023 was €0.67. Banco Bilbao Vizcaya Argentaria's Shiller PE Ratio for today is 15.96.

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

WBO:BBVA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.78   Med: 8.87   Max: 16.48
Current: 15.68

During the past years, Banco Bilbao Vizcaya Argentaria's highest Shiller PE Ratio was 16.48. The lowest was 4.78. And the median was 8.87.

WBO:BBVA's Shiller PE Ratio is ranked worse than
79.59% of 1122 companies
in the Banks industry
Industry Median: 10.395 vs WBO:BBVA: 15.68

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 Bilbao Vizcaya Argentaria's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco Bilbao Vizcaya Argentaria Shiller PE Ratio Historical Data

The historical data trend for Banco Bilbao Vizcaya Argentaria'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 Bilbao Vizcaya Argentaria Shiller PE Ratio Chart

Banco Bilbao Vizcaya Argentaria 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 8.70 8.80 10.84 9.86 12.23

Banco Bilbao Vizcaya Argentaria 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 9.86 11.51 11.99 12.39 12.23

Competitive Comparison of Banco Bilbao Vizcaya Argentaria's Shiller PE Ratio

For the Banks - Diversified subindustry, Banco Bilbao Vizcaya Argentaria'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 Bilbao Vizcaya Argentaria's Shiller PE Ratio Distribution in the Banks Industry

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

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



Banco Bilbao Vizcaya Argentaria 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 Bilbao Vizcaya Argentaria's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=10.69/0.67
=15.96

* 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 Bilbao Vizcaya Argentaria's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Banco Bilbao Vizcaya Argentaria'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)
=0.33/121.2698*121.2698
=0.330

Current CPI (Dec. 2023) = 121.2698.

Banco Bilbao Vizcaya Argentaria Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.100 100.139 0.121
201406 0.110 101.081 0.132
201409 0.090 100.441 0.109
201412 0.110 100.251 0.133
201503 0.230 99.474 0.280
201506 0.180 101.138 0.216
201509 -0.170 99.559 -0.207
201512 0.140 100.268 0.169
201603 0.100 98.638 0.123
201606 0.156 100.333 0.189
201609 0.130 99.737 0.158
201612 0.090 101.842 0.107
201703 0.170 100.896 0.204
201706 0.160 101.848 0.191
201709 0.160 101.524 0.191
201712 0.011 102.975 0.013
201803 0.180 102.122 0.214
201806 0.170 104.165 0.198
201809 0.260 103.818 0.304
201812 0.140 104.193 0.163
201903 0.160 103.488 0.187
201906 0.170 104.612 0.197
201909 0.170 103.905 0.198
201912 -0.040 105.015 -0.046
202003 -0.290 103.469 -0.340
202006 0.080 104.254 0.093
202009 0.160 103.521 0.187
202012 0.180 104.456 0.209
202103 0.170 104.857 0.197
202106 0.080 107.102 0.091
202109 0.200 107.669 0.225
202112 0.200 111.298 0.218
202203 0.190 115.153 0.200
202206 0.250 118.044 0.257
202209 0.290 117.221 0.300
202212 0.240 117.650 0.247
202303 0.290 118.948 0.296
202306 0.330 120.278 0.333
202309 0.340 121.343 0.340
202312 0.330 121.270 0.330

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 Bilbao Vizcaya Argentaria  (WBO:BBVA) 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 Bilbao Vizcaya Argentaria Shiller PE Ratio Related Terms

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Banco Bilbao Vizcaya Argentaria (WBO:BBVA) Business Description

Address
Calle Azul, 4, Madrid, ESP, 28050
Despite its Spanish origins, BBVA generates only around a quarter of its profits in Spain. We expect that on a normalised basis, BBVA's market-leading Mexican bank should contribute half of its earnings, while its Turkish operation should account for another 15%. The balance of BBVA's earnings comes from smaller operations in South America. BBVA is overwhelmingly a retail and commercial bank, with corporate and investment banking forming a minor part of the overall business. BBVA also offers insurance and investment products through its banking networks.