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German American Bancorp (FRA:GAB) Shiller PE Ratio : 13.05 (As of May. 24, 2024)


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What is German American Bancorp Shiller PE Ratio?

As of today (2024-05-24), German American Bancorp's current share price is €30.40. German American Bancorp's E10 for the quarter that ended in Mar. 2024 was €2.33. German American Bancorp's Shiller PE Ratio for today is 13.05.

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

FRA:GAB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.31   Med: 19.75   Max: 30.96
Current: 12.53

During the past years, German American Bancorp's highest Shiller PE Ratio was 30.96. The lowest was 10.31. And the median was 19.75.

FRA:GAB's Shiller PE Ratio is ranked worse than
67.96% of 1136 companies
in the Banks industry
Industry Median: 10.16 vs FRA:GAB: 12.53

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.

German American Bancorp's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.589. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


German American Bancorp Shiller PE Ratio Historical Data

The historical data trend for German American Bancorp'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.

German American Bancorp Shiller PE Ratio Chart

German American Bancorp 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 22.13 18.68 18.66 15.94 12.77

German American Bancorp 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 13.84 11.02 10.77 12.77 13.30

Competitive Comparison of German American Bancorp's Shiller PE Ratio

For the Banks - Regional subindustry, German American Bancorp'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.


German American Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where German American Bancorp's Shiller PE Ratio falls into.



German American Bancorp 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.

German American Bancorp's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=30.40/2.33
=13.05

* 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.

German American Bancorp's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, German American Bancorp'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)
=0.589/131.7762*131.7762
=0.589

Current CPI (Mar. 2024) = 131.7762.

German American Bancorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.250 100.560 0.328
201409 0.300 100.428 0.394
201412 0.314 99.070 0.418
201503 0.339 99.621 0.448
201506 0.327 100.684 0.428
201509 0.345 100.392 0.453
201512 0.355 99.792 0.469
201603 0.225 100.470 0.295
201606 0.383 101.688 0.496
201609 0.401 101.861 0.519
201612 0.417 101.863 0.539
201703 0.393 102.862 0.503
201706 0.383 103.349 0.488
201709 0.352 104.136 0.445
201712 0.431 104.011 0.546
201803 0.414 105.290 0.518
201806 0.411 106.317 0.509
201809 0.471 106.507 0.583
201812 0.387 105.998 0.481
201903 0.531 107.251 0.652
201906 0.540 108.070 0.658
201909 0.445 108.329 0.541
201912 0.531 108.420 0.645
202003 0.425 108.902 0.514
202006 0.480 108.767 0.582
202009 0.467 109.815 0.560
202012 0.649 109.897 0.778
202103 0.622 111.754 0.733
202106 0.747 114.631 0.859
202109 0.689 115.734 0.785
202112 0.646 117.630 0.724
202203 0.281 121.301 0.305
202206 0.766 125.017 0.807
202209 0.838 125.227 0.882
202212 0.784 125.222 0.825
202303 0.663 127.348 0.686
202306 0.692 128.729 0.708
202309 0.684 129.860 0.694
202312 0.669 129.419 0.681
202403 0.589 131.776 0.589

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.


German American Bancorp  (FRA:GAB) 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.


German American Bancorp Shiller PE Ratio Related Terms

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German American Bancorp (FRA:GAB) Business Description

Traded in Other Exchanges
Address
711 Main Street, P.O. Box 810, Jasper, IN, USA, 47546
German American Bancorp Inc is a bank holding company. The Company's lines of business include 1) Retail and commercial banking business which involves attracting deposits from the general public and using those funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans. These core banking activities also include the sale of residential mortgage loans in the secondary market. 2) Wealth management services which involve providing trust, investment advisory, brokerage and retirement planning services to customers. 3) Insurance operations include the offering of a full range of personal and corporate property and casualty insurance products.

German American Bancorp (FRA:GAB) Headlines

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