GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MCB Bank Ltd (KAR:MCB) » Definitions » Shiller PE Ratio

MCB Bank (KAR:MCB) Shiller PE Ratio : 6.44 (As of Jun. 08, 2024)


View and export this data going back to 1992. Start your Free Trial

What is MCB Bank Shiller PE Ratio?

As of today (2024-06-08), MCB Bank's current share price is ₨199.44. MCB Bank's E10 for the quarter that ended in Mar. 2024 was ₨30.98. MCB Bank's Shiller PE Ratio for today is 6.44.

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

KAR:MCB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.13   Med: 5.91   Max: 8.76
Current: 6.72

During the past years, MCB Bank's highest Shiller PE Ratio was 8.76. The lowest was 4.13. And the median was 5.91.

KAR:MCB's Shiller PE Ratio is ranked better than
79.4% of 1141 companies
in the Banks industry
Industry Median: 10 vs KAR:MCB: 6.72

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.

MCB Bank's adjusted earnings per share data for the three months ended in Mar. 2024 was ₨15.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₨30.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MCB Bank Shiller PE Ratio Historical Data

The historical data trend for MCB Bank'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.

MCB Bank Shiller PE Ratio Chart

MCB Bank 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 - - 6.48 4.50 5.83

MCB Bank 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 4.30 4.16 4.51 5.83 6.56

Competitive Comparison of MCB Bank's Shiller PE Ratio

For the Banks - Regional subindustry, MCB Bank'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.


MCB Bank's Shiller PE Ratio Distribution in the Banks Industry

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

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



MCB Bank 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.

MCB Bank's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=199.44/30.98
=6.44

* 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.

MCB Bank's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, MCB Bank'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)
=15.04/131.7762*131.7762
=15.040

Current CPI (Mar. 2024) = 131.7762.

MCB Bank Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 5.520 100.560 7.234
201409 5.970 100.428 7.834
201412 5.590 99.070 7.435
201503 7.060 99.621 9.339
201506 4.900 100.684 6.413
201509 5.940 100.392 7.797
201512 4.490 99.792 5.929
201603 5.500 100.470 7.214
201606 4.340 101.688 5.624
201609 6.180 101.861 7.995
201612 3.810 101.863 4.929
201703 5.300 102.862 6.790
201706 6.880 103.349 8.772
201709 4.660 104.136 5.897
201712 2.360 104.011 2.990
201803 3.970 105.290 4.969
201806 3.990 106.317 4.945
201809 3.500 106.507 4.330
201812 5.710 105.998 7.099
201903 4.210 107.251 5.173
201906 4.590 108.070 5.597
201909 4.840 108.329 5.888
201912 6.510 108.420 7.912
202003 5.590 108.902 6.764
202006 5.740 108.767 6.954
202009 8.420 109.815 10.104
202012 5.070 109.897 6.079
202103 5.920 111.754 6.981
202106 6.640 114.631 7.633
202109 6.730 115.734 7.663
202112 6.710 117.630 7.517
202203 7.660 121.301 8.321
202206 1.930 125.017 2.034
202209 7.800 125.227 8.208
202212 11.600 125.222 12.207
202303 11.750 127.348 12.159
202306 12.380 128.729 12.673
202309 16.570 129.860 16.815
202312 14.240 129.419 14.499
202403 15.040 131.776 15.040

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.


MCB Bank  (KAR:MCB) 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.


MCB Bank Shiller PE Ratio Related Terms

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


MCB Bank (KAR:MCB) Business Description

Traded in Other Exchanges
N/A
Address
15-Main Gulberg, Jail Road, MCB House, Gulburg, Lahore, PB, PAK
MCB Bank Ltd is a commercial banking company operating in Pakistan. The bank provides services through its segments such as Retail Banking, Corporate Banking, Consumer Banking, Treasury, and International banking. The majority of the bank's revenues are generated from the Retail banking segment, which includes retail lending and deposits, banking services, cards, and branchless banking. Retail banking offers services such as retail and private lending & deposits and other banking services offered to individual customers and small and medium-term companies. MCB Bank derives majority of its business from its domestic operations. It also has branches across South Asia and the Middle East.

MCB Bank (KAR:MCB) Headlines

From GuruFocus