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First Farmers Financial (First Farmers Financial) Shiller PE Ratio : 14.96 (As of May. 06, 2024)


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What is First Farmers Financial Shiller PE Ratio?

As of today (2024-05-06), First Farmers Financial's current share price is $68.5001. First Farmers Financial's E10 for the fiscal year that ended in Dec23 was $4.58. First Farmers Financial's Shiller PE Ratio for today is 14.96.

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

FFMR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.21   Med: 14.96   Max: 16.18
Current: 14.95

During the past 10 years, First Farmers Financial's highest Shiller PE Ratio was 16.18. The lowest was 14.21. And the median was 14.96.

FFMR's Shiller PE Ratio is ranked worse than
77.38% of 1136 companies
in the Banks industry
Industry Median: 10.365 vs FFMR: 14.95

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 Farmers Financial's adjusted earnings per share data of for the fiscal year that ended in Dec23 was $6.570. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.58 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Farmers Financial Shiller PE Ratio Historical Data

The historical data trend for First Farmers Financial'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.

First Farmers Financial Shiller PE Ratio Chart

First Farmers Financial 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 - - - - 17.34

First Farmers Financial 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 - - - - 17.34

Competitive Comparison of First Farmers Financial's Shiller PE Ratio

For the Banks - Regional subindustry, First Farmers Financial'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 Farmers Financial's Shiller PE Ratio Distribution in the Banks Industry

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

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



First Farmers Financial 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 Farmers Financial's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=68.5001/4.58
=14.96

* 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.

First Farmers Financial's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, First Farmers Financial's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=6.57/129.4194*129.4194
=6.570

Current CPI (Dec23) = 129.4194.

First Farmers Financial Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 2.275 99.070 2.972
201512 2.350 99.792 3.048
201612 2.380 101.863 3.024
201712 3.030 104.011 3.770
201812 3.870 105.998 4.725
201912 4.130 108.420 4.930
202012 4.290 109.897 5.052
202112 5.150 117.630 5.666
202212 5.880 125.222 6.077
202312 6.570 129.419 6.570

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.


First Farmers Financial  (OTCPK:FFMR) 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 Farmers Financial Shiller PE Ratio Related Terms

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


First Farmers Financial (First Farmers Financial) Business Description

Traded in Other Exchanges
N/A
Address
123 North Jefferson Street, Converse, IN, USA, 46919
First Farmers Financial Corp and its subsidiaries operate in the banking industry. The bank categorized its services into personal, business, borrowing, and investment divisions. Its products and services include deposits, retirement and health saving accounts, consumer loans, home equity, and account management and leasing. The bank makes commercial, installment and mortgage loans to and receives deposits from customers through its offices located in the Indiana counties of Carroll, Cass, Clay, Grant, Hamilton, Howard, Huntington, Madison, Marshall, Miami, Starke, Sullivan, Tippecanoe, Tipton, Vigo, and Wabash; and Illinois counties of Coles, Edgar, and Vermilion.

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