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NatWest Group (CHIX:NWGL) Shiller PE Ratio : 135.30 (As of Dec. 14, 2024)


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What is NatWest Group Shiller PE Ratio?

As of today (2024-12-14), NatWest Group's current share price is £4.059. NatWest Group's E10 for the quarter that ended in Sep. 2024 was £0.03. NatWest Group's Shiller PE Ratio for today is 135.30.

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

CHIX:NWGl' s Shiller PE Ratio Range Over the Past 10 Years
Min: 104   Med: 120.97   Max: 160.5
Current: 139.37

During the past years, NatWest Group's highest Shiller PE Ratio was 160.50. The lowest was 104.00. And the median was 120.97.

CHIX:NWGl's Shiller PE Ratio is ranked worse than
99.3% of 1136 companies
in the Banks industry
Industry Median: 11.52 vs CHIX:NWGl: 139.37

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.

NatWest Group's adjusted earnings per share data for the three months ended in Sep. 2024 was £0.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is £0.03 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NatWest Group Shiller PE Ratio Historical Data

The historical data trend for NatWest 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.

NatWest Group Shiller PE Ratio Chart

NatWest Group 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 - - - - 110.14

NatWest Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 110.14 172.63 118.96 118.19

Competitive Comparison of NatWest Group's Shiller PE Ratio

For the Banks - Regional subindustry, NatWest 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.


NatWest Group's Shiller PE Ratio Distribution in the Banks Industry

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

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



NatWest 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.

NatWest Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.059/0.03
=135.30

* 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.

NatWest Group's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, NatWest Group's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.14/133.5000*133.5000
=0.140

Current CPI (Sep. 2024) = 133.5000.

NatWest Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 -0.546 99.900 -0.730
201503 -0.043 99.600 -0.058
201506 0.027 100.100 0.036
201509 0.087 100.200 0.116
201512 -0.254 100.400 -0.338
201603 -0.089 100.400 -0.118
201606 -0.100 101.000 -0.132
201609 -0.042 101.500 -0.055
201612 -0.406 102.200 -0.530
201703 0.024 102.700 0.031
201706 0.061 103.500 0.079
201709 0.036 104.300 0.046
201712 -0.053 105.000 -0.067
201803 0.072 105.100 0.091
201806 0.006 105.900 0.008
201809 0.040 106.600 0.050
201812 0.027 107.100 0.034
201903 0.062 107.000 0.077
201906 0.118 107.900 0.146
201909 -0.028 108.400 -0.034
201912 0.125 108.500 0.154
202003 0.026 108.600 0.032
202006 -0.088 108.800 -0.108
202009 0.005 109.200 0.006
202012 -0.010 109.400 -0.012
202103 0.055 109.700 0.067
202106 0.112 111.400 0.134
202109 0.063 112.400 0.075
202112 0.041 114.700 0.048
202203 0.080 116.500 0.092
202206 0.106 120.500 0.117
202209 0.019 122.300 0.021
202212 0.130 125.300 0.139
202303 0.132 126.800 0.139
202306 0.109 129.400 0.112
202309 0.098 130.100 0.101
202312 0.139 130.500 0.142
202403 0.104 131.600 0.106
202406 0.136 133.000 0.137
202409 0.140 133.500 0.140

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.


NatWest Group  (CHIX:NWGl) 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.


NatWest Group Shiller PE Ratio Related Terms

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NatWest Group Business Description

Address
Gogarburn, P.O. Box 1000, Edinburgh, GBR, EH12 1HQ
NatWest Group derives around 90% of its total income from the United Kingdom. The bank operates a retail, commercial, and private bank in the U.K., offering clients lending and payment services as well as asset management services.