GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Investors Bancorp Inc (NAS:ISBC) » Definitions » Shiller PE Ratio

Investors Bancorp (Investors Bancorp) Shiller PE Ratio : 19.26 (As of May. 05, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Investors Bancorp Shiller PE Ratio?

As of today (2024-05-05), Investors Bancorp's current share price is $13.87. Investors Bancorp's E10 for the quarter that ended in Dec. 2021 was $0.72. Investors Bancorp's Shiller PE Ratio for today is 19.26.

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

ISBC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.73   Med: 42.25   Max: 80
Current: 19.33

During the past years, Investors Bancorp's highest Shiller PE Ratio was 80.00. The lowest was 12.73. And the median was 42.25.

ISBC's Shiller PE Ratio is not ranked
in the Banks industry.
Industry Median: 10.365 vs ISBC: 19.33

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.

Investors Bancorp's adjusted earnings per share data for the three months ended in Dec. 2021 was $0.400. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.72 for the trailing ten years ended in Dec. 2021.

Shiller PE for Stocks: The True Measure of Stock Valuation


Investors Bancorp Shiller PE Ratio Historical Data

The historical data trend for Investors 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.

Investors Bancorp Shiller PE Ratio Chart

Investors Bancorp Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.78 24.04 23.75 18.30 21.12

Investors Bancorp Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 18.30 24.09 21.91 22.35 21.12

Competitive Comparison of Investors Bancorp's Shiller PE Ratio

For the Banks - Regional subindustry, Investors 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.


Investors Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

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



Investors 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.

Investors Bancorp's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=13.87/0.72
=19.26

* 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.

Investors Bancorp's E10 for the quarter that ended in Dec. 2021 is calculated as:

For example, Investors Bancorp's adjusted earnings per share data for the three months ended in Dec. 2021 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2021 (Change)*Current CPI (Dec. 2021)
=0.4/117.6295*117.6295
=0.400

Current CPI (Dec. 2021) = 117.6295.

Investors Bancorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201203 0.071 96.783 0.086
201206 0.086 96.819 0.104
201209 0.090 97.633 0.108
201212 0.078 96.871 0.095
201303 0.100 98.209 0.120
201306 0.100 98.518 0.119
201309 0.110 98.790 0.131
201312 0.094 98.326 0.112
201403 0.100 99.695 0.118
201406 0.040 100.560 0.047
201409 0.110 100.428 0.129
201412 0.120 99.070 0.142
201503 0.120 99.621 0.142
201506 0.140 100.684 0.164
201509 0.150 100.392 0.176
201512 0.140 99.792 0.165
201603 0.140 100.470 0.164
201606 0.150 101.688 0.174
201609 0.170 101.861 0.196
201612 0.180 101.863 0.208
201703 0.160 102.862 0.183
201706 0.140 103.349 0.159
201709 0.160 104.136 0.181
201712 -0.020 104.011 -0.023
201803 0.200 105.290 0.223
201806 0.200 106.317 0.221
201809 0.190 106.507 0.210
201812 0.120 105.998 0.133
201903 0.180 107.251 0.197
201906 0.180 108.070 0.196
201909 0.200 108.329 0.217
201912 0.190 108.420 0.206
202003 0.170 108.902 0.184
202006 0.180 108.767 0.195
202009 0.270 109.815 0.289
202012 0.320 109.897 0.343
202103 0.310 111.754 0.326
202106 0.340 114.631 0.349
202109 0.280 115.734 0.285
202112 0.400 117.630 0.400

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.


Investors Bancorp  (NAS:ISBC) 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.


Investors Bancorp Shiller PE Ratio Related Terms

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


Investors Bancorp (Investors Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
101 JFK Parkway, Short Hills, NJ, USA, 07078
Investors Bancorp Inc is the holding company for Investor Bank, a savings bank operating primarily in the greater New Jersey and New York metropolitan areas. The bank obtains funds through both deposits and the wholesale market to originate loans and invest in securities. Loans originated include commercial real estate loans, commercial and industrial loans, residential mortgage loans, construction loans, and consumer loans. The bank has traditionally grown through acquisitions and internal growth, including de novo branching. The vast majority of its loan portfolio is in commercial loans. The vast majority of its net revenue is in net interest income.
Executives
P. Sean Burke officer: EVP and CFO 101 JFK PARKWAY SHORT HILLS NJ 07078
Paul Kalamaras officer: Exec VP 101 JFK PARKWAY SHORT HILLS NJ 07078
James J. Garibaldi director 101 JFK PARKWAY SHORT HILLS NJ 07078
Richard Spengler officer: Exec VP 101 JFK PARKWAY SHORT HILLS NJ 07078
Kevin Cummings director, officer: Chairman and CEO 101 JFK PARKWAY, SHORT HILLS NJ 07078
Domenick A Cama director, officer: President and COO 101 JFK PARKWAY SHORT HILLS NJ 07078
Robert C Albanese director 2300 ROUTE 33 ROBBINSVILLE NJ 08691
Paul Stathoulopoulos director 101 JFK PARKWAY SHORT HILLS NJ 07078
William V. Cosgrove director 101 JFK PARKWAY SHORT HILLS NJ 07078
Ward James H Iii director C/O AMERICAN BANCORP OF NEW JERSEY INC 365 BROAD STREET BLOOMFIELD NJ 07003
Doreen R Byrnes director 101 JFK PARKWAY SHORT HILLS NJ 07078
Michele N Siekerka director 101 JFK PARKWAY, SHORT HILLS NJ 07078
Dennis M Bone director 2300 ROUTE 33 ROBBINSVILLE NJ 08691
Blue Harbour Group, L.p. 10 percent owner 646 STEAMBOAT RD., GREENWICH CT 06830
Blue Harbour Holdings, Llc 10 percent owner 646 STEAMBOAT ROAD, 3RD FLOOR, GREENWICH CT 06830