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Bank of Communications Co (Bank of Communications Co) Shiller PE Ratio : 6.22 (As of May. 02, 2024)


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What is Bank of Communications Co Shiller PE Ratio?

As of today (2024-05-02), Bank of Communications Co's current share price is $16.85. Bank of Communications Co's E10 for the quarter that ended in Mar. 2024 was $2.71. Bank of Communications Co's Shiller PE Ratio for today is 6.22.

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

BCMXY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.28   Med: 6.05   Max: 12.52
Current: 6.47

During the past years, Bank of Communications Co's highest Shiller PE Ratio was 12.52. The lowest was 4.28. And the median was 6.05.

BCMXY's Shiller PE Ratio is ranked better than
79.81% of 1134 companies
in the Banks industry
Industry Median: 10.23 vs BCMXY: 6.47

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.

Bank of Communications Co's adjusted earnings per share data for the three months ended in Mar. 2024 was $1.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Communications Co Shiller PE Ratio Historical Data

The historical data trend for Bank of Communications Co'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.

Bank of Communications Co Shiller PE Ratio Chart

Bank of Communications Co 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 5.77 4.49 4.51 4.52 5.42

Bank of Communications Co 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 4.86 5.56 5.46 5.42 5.96

Competitive Comparison of Bank of Communications Co's Shiller PE Ratio

For the Banks - Diversified subindustry, Bank of Communications Co'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.


Bank of Communications Co's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Bank of Communications Co's Shiller PE Ratio falls into.



Bank of Communications Co 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.

Bank of Communications Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=16.85/2.71
=6.22

* 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.

Bank of Communications Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Bank of Communications Co'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)
=1.18/114.6694*114.6694
=1.180

Current CPI (Mar. 2024) = 114.6694.

Bank of Communications Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.003 98.200 1.171
201409 0.774 98.900 0.897
201412 0.808 99.000 0.936
201503 1.042 99.900 1.196
201506 0.967 99.500 1.114
201509 0.785 100.500 0.896
201512 0.775 100.600 0.883
201603 1.000 102.200 1.122
201606 0.911 101.400 1.030
201609 0.750 102.400 0.840
201612 0.686 102.600 0.767
201703 0.943 103.200 1.048
201706 0.845 103.100 0.940
201709 0.799 104.100 0.880
201712 0.796 104.500 0.873
201803 1.068 105.300 1.163
201806 0.928 104.900 1.014
201809 0.839 106.600 0.903
201812 0.799 106.500 0.860
201903 1.043 107.700 1.110
201906 0.942 107.700 1.003
201909 0.808 109.800 0.844
201912 0.820 111.200 0.846
202003 0.890 112.300 0.909
202006 0.741 110.400 0.770
202009 0.697 111.700 0.716
202012 1.300 111.500 1.337
202103 1.152 112.662 1.173
202106 0.934 111.769 0.958
202109 1.007 112.215 1.029
202112 1.178 113.108 1.194
202203 1.222 114.335 1.226
202206 0.896 114.558 0.897
202209 0.997 115.339 0.991
202212 1.112 115.116 1.108
202303 1.197 115.116 1.192
202306 0.838 114.558 0.839
202309 0.925 115.339 0.920
202312 1.085 114.669 1.085
202403 1.180 114.669 1.180

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.


Bank of Communications Co  (OTCPK:BCMXY) 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.


Bank of Communications Co Shiller PE Ratio Related Terms

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Bank of Communications Co (Bank of Communications Co) Business Description

Traded in Other Exchanges
Address
No.188, Yin Cheng Zhong Lu, Pilot Free Trade Zone, Pudong New District, Shanghai, CHN, 200120
Bank of Communications, or Bocom, is the only state-owned bank with headquarters in Shanghai. As one of China's four oldest banks, Bocom became China's first state-owned shareholding commercial bank in 1987. Today, Bocom is amid a strategic transformation, building itself into a global wealth-management bank with wide-ranging financial operations, including insurance, brokerage, trust, and asset management.

Bank of Communications Co (Bank of Communications Co) Headlines