FCAP (First Capital) Shiller PE Ratio: 15.61 (As of Aug. 21, 2026) — Near Median

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FCAP First Capital Inc FCAP
67 GF Score
Price $62.60
GF Value $46.65
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is First Capital Shiller PE Ratio?

First Capital FCAP -0.16% 67 Shiller PE Ratio is 15.61 as of Aug. 21, 2026, which is 8% below its 10-year median of 17.01. GuruFocus rates FCAP with a GF Score™ of 67/100 and a GF Value™ of $46.65 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,240 Banks companies, First Capital ranks worse than 61.45% on this metric.

As of today (2026-08-21), First Capital's current share price is $62.60. First Capital's E10 for the quarter that ended in Jun. 2026 was $4.01. First Capital's Shiller PE Ratio for today is 15.61.

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

FCAP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.4   Med: 17.01   Max: 34.84
Current: 15.61

During the past years, First Capital's highest Shiller PE Ratio was 34.84. The lowest was 7.40. And the median was 17.01.

FCAP's Shiller PE Ratio is ranked worse than
61.45% of 1240 companies
in the Banks industry
Industry Median: 13.665 vs FCAP: 15.61

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.

First Capital's adjusted earnings per share data for the three months ended in Jun. 2026 was $1.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.01 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Capital  (NAS:FCAP) 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.


First Capital Shiller PE Ratio Related Terms


First Capital Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for First Capital'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.

First Capital Shiller PE Ratio Chart

First Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.25 8.29 8.58 9.40 15.75

First Capital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 11.52 12.47 15.75 12.74 16.12

FCAP vs PSBQ, OAKC, FOTB: Shiller PE Ratio Comparison

For the Banks - Regional subindustry, First Capital'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.


First Capital Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where First Capital's Shiller PE Ratio falls into.


FCAP
67GF Score
First Capital Inc FCAP
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Capital 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.

First Capital's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=62.60/4.01
=15.61

* 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.

First Capital's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, First Capital's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.43/333.9520*333.9520
=1.430

Current CPI (Jun. 2026) = 333.9520.

First Capital Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.530 241.428 0.733
201612 0.520 241.432 0.719
201703 0.460 243.801 0.630
201706 0.660 244.955 0.900
201709 0.630 246.819 0.852
201712 0.470 246.524 0.637
201803 0.640 249.554 0.856
201806 0.630 251.989 0.835
201809 0.760 252.439 1.005
201812 0.740 251.233 0.984
201903 0.640 254.202 0.841
201906 0.860 256.143 1.121
201909 0.870 256.759 1.132
201912 0.720 256.974 0.936
202003 0.630 258.115 0.815
202006 0.730 257.797 0.946
202009 0.820 260.280 1.052
202012 0.850 260.474 1.090
202103 0.880 264.877 1.109
202106 0.820 271.696 1.008
202109 0.880 274.310 1.071
202112 0.840 278.802 1.006
202203 0.750 287.504 0.871
202206 0.810 296.311 0.913
202209 0.930 296.808 1.046
202212 1.060 296.797 1.193
202303 1.140 301.836 1.261
202306 0.820 305.109 0.898
202309 0.940 307.789 1.020
202312 0.930 306.746 1.012
202403 0.880 312.332 0.941
202406 0.850 314.175 0.904
202409 0.870 315.301 0.921
202412 0.970 315.605 1.026
202503 0.970 319.799 1.013
202506 1.130 322.561 1.170
202509 1.340 324.800 1.378
202512 1.460 324.054 1.505
202603 1.300 330.213 1.315
202606 1.430 333.952 1.430

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 15.61 mean?
First Capital (FCAP) has a Shiller PE Ratio of 15.61 as of Aug. 21, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on First Capital and its competitors. This is near median its historical median of 17.01. Over the past decade, First Capital's Shiller PE Ratio has ranged from 7.40 to 34.84. According to the industry distribution chart, First Capital ranks #762 out of 1240 companies in the Banks industry, placing it in the top 61.5%.
Is First Capital's Shiller PE Ratio too high?
First Capital's current Shiller PE Ratio of 15.61 is near median its 10-year median of 17.01. Over the past 10 years, this metric has ranged from a low of 7.40 to a high of 34.84. The Banks industry median Shiller PE Ratio is 13.67. First Capital's value of 15.61 is 14.2% above this industry median. Based on the distribution chart, First Capital ranks #762 out of 1240 companies in the Banks industry, which is below the industry midpoint. Overall, First Capital has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Capital's Shiller PE Ratio compare to PSBQ and OAKC?
According to the Banks industry distribution chart, First Capital ranks #762 out of 1240 companies for Shiller PE Ratio. This places First Capital in the lower half of its industry. The industry median Shiller PE Ratio is 13.67. First Capital's value of 15.61 is 14.2% above this benchmark. Historically, First Capital's own Shiller PE Ratio has ranged from 7.40 to 34.84 over the past decade. While the company's 10-year median is 17.01 vs. the industry median of 13.67, First Capital has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Banks company?
The median Shiller PE Ratio among Banks companies is 13.67, based on 1,240 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Capital's current Shiller PE Ratio of 15.61 is 14.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on First Capital and its competitors. For the Banks industry, the median Shiller PE Ratio is 13.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Capital's current Shiller PE Ratio is 15.61, which is near median its own 10-year median of 17.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Capital stock overvalued right now?
Based on GuruFocus' analysis, First Capital (FCAP) is currently considered Significantly Overvalued. The stock's GF Value™ is $46.65, compared to a current price of $62.60 — trading 34.2% above its estimated fair value. The current Shiller PE Ratio is 15.61, which is near median its 10-year median of 17.01 and 14.2% above the Banks industry median of 13.67. First Capital's overall GF Score™ is 67/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For First Capital (FCAP), the current Shiller PE Ratio is 15.61 as of Aug. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Capital (FCAP) Overvalued in 2026?

Based on GuruFocus' analysis, First Capital stock appears to be overvalued. The current stock price of $62.60 is trading 34.2% above its estimated GF Value™ of $46.65. GuruFocus considers First Capital to be Significantly Overvalued.

Key valuation signals for FCAP:

  • Shiller PE Ratio: 15.61 (near median its 10-year median of 17.01)
  • GF Value™: $46.65 vs. price of $62.60 (34.2% above fair value)
  • GF Score™: 67/100 with 1 warning sign
  • Industry Position: 14.2% above the Banks median (#762 of 1240)

No single metric tells the full story. See the FCAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Capital Business Description

Address 220 Federal Drive, N.W, Corydon, IN, USA, 47112
First Capital Inc is an Indiana chartered commercial bank that provides a variety of banking services to individuals and businesses. It provides retail and business banking, residential mortgage lending, real estate finance, and asset-based lending. The bank's primary source of revenue is real estate mortgage loans.
67GF Score

Get the complete analysis for FCAP

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$62.60
Price
$46.65
GF Value