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Peapack Gladstone Financial (FRA:45V) Shiller PE Ratio : 8.17 (As of Jun. 08, 2024)


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What is Peapack Gladstone Financial Shiller PE Ratio?

As of today (2024-06-08), Peapack Gladstone Financial's current share price is €19.20. Peapack Gladstone Financial's E10 for the quarter that ended in Mar. 2024 was €2.35. Peapack Gladstone Financial's Shiller PE Ratio for today is 8.17.

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

FRA:45V' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.17   Med: 20.28   Max: 44.64
Current: 8.18

During the past years, Peapack Gladstone Financial's highest Shiller PE Ratio was 44.64. The lowest was 8.17. And the median was 20.28.

FRA:45V's Shiller PE Ratio is ranked better than
67.16% of 1139 companies
in the Banks industry
Industry Median: 10.05 vs FRA:45V: 8.18

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.

Peapack Gladstone Financial's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.442. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Peapack Gladstone Financial Shiller PE Ratio Historical Data

The historical data trend for Peapack Gladstone 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.

Peapack Gladstone Financial Shiller PE Ratio Chart

Peapack Gladstone 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 19.47 13.67 18.36 16.05 11.75

Peapack Gladstone Financial 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 12.25 10.88 10.14 11.75 9.37

Competitive Comparison of Peapack Gladstone Financial's Shiller PE Ratio

For the Banks - Regional subindustry, Peapack Gladstone 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.


Peapack Gladstone Financial's Shiller PE Ratio Distribution in the Banks Industry

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

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



Peapack Gladstone 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.

Peapack Gladstone Financial's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=19.20/2.35
=8.17

* 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.

Peapack Gladstone Financial's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Peapack Gladstone Financial'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)
=0.442/131.7762*131.7762
=0.442

Current CPI (Mar. 2024) = 131.7762.

Peapack Gladstone Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.236 100.560 0.309
201409 0.248 100.428 0.325
201412 0.260 99.070 0.346
201503 0.305 99.621 0.403
201506 0.303 100.684 0.397
201509 0.312 100.392 0.410
201512 0.257 99.792 0.339
201603 0.305 100.470 0.400
201606 0.356 101.688 0.461
201609 0.383 101.861 0.495
201612 0.408 101.863 0.528
201703 0.430 102.862 0.551
201706 0.401 103.349 0.511
201709 0.470 104.136 0.595
201712 0.473 104.011 0.599
201803 0.462 105.290 0.578
201806 0.531 106.317 0.658
201809 0.480 106.507 0.594
201812 0.483 105.998 0.600
201903 0.513 107.251 0.630
201906 0.522 108.070 0.637
201909 0.572 108.329 0.696
201912 0.576 108.420 0.700
202003 0.063 108.902 0.076
202006 0.382 108.767 0.463
202009 0.603 109.815 0.724
202012 0.132 109.897 0.158
202103 0.563 111.754 0.664
202106 0.614 114.631 0.706
202109 0.629 115.734 0.716
202112 0.690 117.630 0.773
202203 0.645 121.301 0.701
202206 1.022 125.017 1.077
202209 1.101 125.227 1.159
202212 1.057 125.222 1.112
202303 0.943 127.348 0.976
202306 0.674 128.729 0.690
202309 0.459 129.860 0.466
202312 0.440 129.419 0.448
202403 0.442 131.776 0.442

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.


Peapack Gladstone Financial  (FRA:45V) 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.


Peapack Gladstone Financial Shiller PE Ratio Related Terms

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


Peapack Gladstone Financial (FRA:45V) Business Description

Traded in Other Exchanges
Address
500 Hills Drive, Suite 300, Bedminster, NJ, USA, 07921
Peapack Gladstone Financial Corp provides banking services. It operates through two segments namely Banking, which involves the delivery of loans and deposits, and Peapack Private Division which includes asset management services. The banking segment includes commercial real estate, multifamily, residential and consumer lending, deposit generation, and internet banking services. Peapack Private includes asset management services for individuals and institutions; personal trust services, administrator, custodian and guardian, and other financial planning and advisory services.

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