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Laurentian Bank of Canada (FRA:LT7) Shiller PE Ratio : 6.35 (As of Jun. 24, 2024)


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What is Laurentian Bank of Canada Shiller PE Ratio?

As of today (2024-06-24), Laurentian Bank of Canada's current share price is €17.60. Laurentian Bank of Canada's E10 for the quarter that ended in Apr. 2024 was €2.77. Laurentian Bank of Canada's Shiller PE Ratio for today is 6.35.

The historical rank and industry rank for Laurentian Bank of Canada's Shiller PE Ratio or its related term are showing as below:

FRA:LT7' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.5   Med: 9.52   Max: 13.37
Current: 6.31

During the past years, Laurentian Bank of Canada's highest Shiller PE Ratio was 13.37. The lowest was 5.50. And the median was 9.52.

FRA:LT7's Shiller PE Ratio is ranked better than
81.86% of 1152 companies
in the Banks industry
Industry Median: 9.88 vs FRA:LT7: 6.31

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.

Laurentian Bank of Canada's adjusted earnings per share data for the three months ended in Apr. 2024 was €-1.854. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.77 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Laurentian Bank of Canada Shiller PE Ratio Historical Data

The historical data trend for Laurentian Bank of Canada'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.

Laurentian Bank of Canada Shiller PE Ratio Chart

Laurentian Bank of Canada Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.33 5.73 9.60 6.73 5.57

Laurentian Bank of Canada Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 7.09 8.66 5.57 5.92 6.20

Competitive Comparison of Laurentian Bank of Canada's Shiller PE Ratio

For the Banks - Regional subindustry, Laurentian Bank of Canada'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.


Laurentian Bank of Canada's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Laurentian Bank of Canada's Shiller PE Ratio falls into.



Laurentian Bank of Canada 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.

Laurentian Bank of Canada's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=17.60/2.77
=6.35

* 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.

Laurentian Bank of Canada's E10 for the quarter that ended in Apr. 2024 is calculated as:

For example, Laurentian Bank of Canada's adjusted earnings per share data for the three months ended in Apr. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=-1.854/126.8896*126.8896
=-1.854

Current CPI (Apr. 2024) = 126.8896.

Laurentian Bank of Canada Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201407 0.874 99.315 1.117
201410 0.767 99.473 0.978
201501 0.817 98.209 1.056
201504 1.004 99.710 1.278
201507 1.018 100.579 1.284
201510 -0.498 100.500 -0.629
201601 0.882 100.184 1.117
201604 0.983 101.370 1.230
201607 0.929 101.844 1.157
201610 0.308 102.002 0.383
201701 0.927 102.318 1.150
201704 0.826 103.029 1.017
201707 1.011 103.029 1.245
201710 0.959 103.424 1.177
201801 0.930 104.056 1.134
201804 0.858 105.320 1.034
201807 0.802 106.110 0.959
201810 0.756 105.952 0.905
201901 0.580 105.557 0.697
201904 0.632 107.453 0.746
201907 0.715 108.243 0.838
201910 0.617 107.927 0.725
202001 0.468 108.085 0.549
202004 0.085 107.216 0.101
202007 0.496 108.401 0.581
202010 0.508 108.638 0.593
202101 0.619 109.192 0.719
202104 0.769 110.851 0.880
202107 0.891 112.431 1.006
202110 -1.657 113.695 -1.849
202201 0.819 114.801 0.905
202204 0.983 118.357 1.054
202207 0.897 120.964 0.941
202210 0.934 121.517 0.975
202301 0.754 121.596 0.787
202304 0.751 123.571 0.771
202307 0.705 124.914 0.716
202310 0.463 125.310 0.469
202401 0.513 125.072 0.520
202404 -1.854 126.890 -1.854

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.


Laurentian Bank of Canada  (FRA:LT7) 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.


Laurentian Bank of Canada Shiller PE Ratio Related Terms

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Laurentian Bank of Canada (FRA:LT7) Business Description

Address
1360, Boulevard Rene-Levesque Ouest, Suite 600, Secretariat Corporatif, Montreal, QC, CAN, H3G 0E5
Laurentian Bank of Canada provides personal banking, business banking and real estate and commercial financing to its personal, business, and institutional customers across Canada and the United States. The company reports three operating segments: personal, commercial banking, and capital markets. The personal segment offers financial services to retail clients. The commercial banking segment provides financial services, commercial banking, real estate financing, and equipment and inventory financing to business clients. The firm launched LBC Digital, allowing it to expand its customer reach from coast to coast through a direct-to-customer channel. The Canadian geographic segment generates majority of the revenue for the company.

Laurentian Bank of Canada (FRA:LT7) Headlines

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