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COFS (ChoiceOne Financial Services) Shiller PE Ratio : 9.57 (As of Apr. 13, 2025)


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What is ChoiceOne Financial Services Shiller PE Ratio?

As of today (2025-04-13), ChoiceOne Financial Services's current share price is $25.18. ChoiceOne Financial Services's E10 for the quarter that ended in Dec. 2024 was $2.63. ChoiceOne Financial Services's Shiller PE Ratio for today is 9.57.

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

COFS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.74   Med: 17.43   Max: 22.08
Current: 9.57

During the past years, ChoiceOne Financial Services's highest Shiller PE Ratio was 22.08. The lowest was 6.74. And the median was 17.43.

COFS's Shiller PE Ratio is ranked better than
58.04% of 1175 companies
in the Banks industry
Industry Median: 10.37 vs COFS: 9.57

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.

ChoiceOne Financial Services's adjusted earnings per share data for the three months ended in Dec. 2024 was $0.790. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.63 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ChoiceOne Financial Services Shiller PE Ratio Historical Data

The historical data trend for ChoiceOne Financial Services'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.

ChoiceOne Financial Services Shiller PE Ratio Chart

ChoiceOne Financial Services Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.32 13.42 12.79 11.99 13.54

ChoiceOne Financial Services Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 11.99 10.87 11.15 11.85 13.54

Competitive Comparison of ChoiceOne Financial Services's Shiller PE Ratio

For the Banks - Regional subindustry, ChoiceOne Financial Services'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.


ChoiceOne Financial Services's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where ChoiceOne Financial Services's Shiller PE Ratio falls into.


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ChoiceOne Financial Services 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.

ChoiceOne Financial Services's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=25.18/2.63
=9.57

* 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.

ChoiceOne Financial Services's E10 for the quarter that ended in Dec. 2024 is calculated as:

For example, ChoiceOne Financial Services's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.79/133.1571*133.1571
=0.790

Current CPI (Dec. 2024) = 133.1571.

ChoiceOne Financial Services Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 0.454 99.621 0.607
201506 0.390 100.684 0.516
201509 0.399 100.392 0.529
201512 0.336 99.792 0.448
201603 0.354 100.470 0.469
201606 0.390 101.688 0.511
201609 0.476 101.861 0.622
201612 0.463 101.863 0.605
201703 0.381 102.862 0.493
201706 0.450 103.349 0.580
201709 0.460 104.136 0.588
201712 0.381 104.011 0.488
201803 0.460 105.290 0.582
201806 0.500 106.317 0.626
201809 0.550 106.507 0.688
201812 0.500 105.998 0.628
201903 0.450 107.251 0.559
201906 0.410 108.070 0.505
201909 0.280 108.329 0.344
201912 0.440 108.420 0.540
202003 0.450 108.902 0.550
202006 0.610 108.767 0.747
202009 0.490 109.815 0.594
202012 0.520 109.897 0.630
202103 0.800 111.754 0.953
202106 0.650 114.631 0.755
202109 0.750 115.734 0.863
202112 0.660 117.630 0.747
202203 0.740 121.301 0.812
202206 0.750 125.017 0.799
202209 0.770 125.227 0.819
202212 0.890 125.222 0.946
202303 0.750 127.348 0.784
202306 0.690 128.729 0.714
202309 0.680 129.860 0.697
202312 0.700 129.419 0.720
202403 0.740 131.776 0.748
202406 0.870 132.554 0.874
202409 0.850 133.029 0.851
202412 0.790 133.157 0.790

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.


ChoiceOne Financial Services  (NAS:COFS) 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.


ChoiceOne Financial Services Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of ChoiceOne Financial Services's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ChoiceOne Financial Services Business Description

Traded in Other Exchanges
N/A
Address
109 East Division Street, Sparta, MI, USA, 49345
ChoiceOne Financial Services Inc is a full-service banking institution. It is engaged in the business of providing personal and business banking solutions, borrowing solutions, and treasury notes and bonds services. The bank's product and services portfolio consist of time, savings and demand deposits, safe deposit services, automated transaction machine services, commercial and consumer loans, commercial lending to business, industry, agricultural, construction, inventory, and real estate categories. Its primary market area is Kent, Muskegon, Newaygo, and Ottawa counties in western Michigan, and Lapeer, Macomb, and St. Clair counties in southeastern Michigan in the communities where the Bank's respective offices are located.
Executives
Curt E Coulter director 109 EAST DIVISION STREET, SPARTA MI 49345
Bradley F. Mcginnis director 109 EAST DIVISION STREET, SPARTA MI 49345
Burke Michael J Jr director, officer: President 109 EAST DIVISION STREET, SPARTA MI 49345
Kelly Potes officer: V.P. - ChoiceOne Insur. (Sub.) 109 EAST DIVISION STREET, SPARTA MI 49345
Essex Bruce John Jr director 109 EAST DIVISION STREET, SPARTA MI 49345
Jack Hendon director 109 EAST DIVISION STREET, SPARTA MI 49345
Michelle M Wendling director 109 EAST DIVISION STREET, SPARTA MI 49345
Keith D. Brophy director 109 EAST DIVISION STREET, SPARTA MI 49345
Gregory A Mcconnell director 109 EAST DIVISION STREET, SPARTA MI 49345
Eric E Burrough director 109 EAST DIVISION STREET, SPARTA MI 49345
Harold J Burns director 109 EAST DIVISION STREET, SPARTA MI 49345
Adom Greenland officer: S.V.P. - ChoiceOne Bank (Sub.) 109 EAST DIVISION STREET, SPARTA MI 49345
Greg L. Armock director 109 EAST DIVISION STREET, SPARTA MI 49345
David J Churchill director 109 EAST DIVISION STREET, SPARTA MI 49345
Lee A Braford officer: VP-ChoiceOne Bank (Subsidiary) 109 EAST DIVISION STREET, SPARTA MI 49345