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Meezan Bank (KAR:MEBL) Shiller PE Ratio : 12.45 (As of Dec. 15, 2024)


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What is Meezan Bank Shiller PE Ratio?

As of today (2024-12-15), Meezan Bank's current share price is ₨228.02. Meezan Bank's E10 for the quarter that ended in Sep. 2024 was ₨18.32. Meezan Bank's Shiller PE Ratio for today is 12.45.

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

KAR:MEBL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.3   Med: 13.73   Max: 21.19
Current: 12.45

During the past years, Meezan Bank's highest Shiller PE Ratio was 21.19. The lowest was 8.30. And the median was 13.73.

KAR:MEBL's Shiller PE Ratio is ranked worse than
65.49% of 1136 companies
in the Banks industry
Industry Median: 11.52 vs KAR:MEBL: 12.45

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.

Meezan Bank's adjusted earnings per share data for the three months ended in Sep. 2024 was ₨14.520. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₨18.32 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meezan Bank Shiller PE Ratio Historical Data

The historical data trend for Meezan 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.

Meezan Bank Shiller PE Ratio Chart

Meezan 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 - - 17.72 10.99 11.66

Meezan Bank Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.29 11.66 13.85 14.16 12.45

Competitive Comparison of Meezan Bank's Shiller PE Ratio

For the Banks - Regional subindustry, Meezan 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.


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

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

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



Meezan 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.

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

Shiller PE Ratio=Share Price/ E10
=228.02/18.32
=12.45

* 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.

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

For example, Meezan Bank's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=14.52/133.0289*133.0289
=14.520

Current CPI (Sep. 2024) = 133.0289.

Meezan Bank Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.576 99.070 0.773
201503 0.797 99.621 1.064
201506 0.942 100.684 1.245
201509 0.593 100.392 0.786
201512 0.477 99.792 0.636
201603 0.855 100.470 1.132
201606 0.890 101.688 1.164
201609 0.772 101.861 1.008
201612 1.039 101.863 1.357
201703 1.004 102.862 1.298
201706 0.742 103.349 0.955
201709 0.928 104.136 1.185
201712 0.392 104.011 0.501
201803 1.241 105.290 1.568
201806 1.078 106.317 1.349
201809 1.265 106.507 1.580
201812 1.416 105.998 1.777
201903 1.660 107.251 2.059
201906 2.228 108.070 2.743
201909 2.174 108.329 2.670
201912 2.648 108.420 3.249
202003 2.806 108.902 3.428
202006 3.636 108.767 4.447
202009 3.773 109.815 4.571
202012 2.300 109.897 2.784
202103 3.382 111.754 4.026
202106 3.736 114.631 4.336
202109 3.920 115.734 4.506
202112 4.730 117.630 5.349
202203 5.130 121.301 5.626
202206 4.390 125.017 4.671
202209 6.460 125.227 6.862
202212 9.110 125.222 9.678
202303 8.630 127.348 9.015
202306 9.660 128.729 9.983
202309 14.420 129.860 14.772
202312 14.970 129.419 15.388
202403 14.130 131.776 14.264
202406 14.820 132.554 14.873
202409 14.520 133.029 14.520

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.


Meezan Bank  (KAR:MEBL) 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.


Meezan Bank Shiller PE Ratio Related Terms

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Meezan Bank Business Description

Traded in Other Exchanges
N/A
Address
Meezan House C-25, Estate Avenue, SITE, Karachi, SD, PAK, 75730
Meezan Bank Ltd is an Islamic commercial bank registered in Pakistan. It is engaged in corporate, commercial, consumer, investment and retail banking activities. The group also provides credit facilities for import finance, export re-finance, long-term finance, documentary credit requirements and project financing needs of customers. In addition, it offers investment banking solutions, commercial banking as well as providing diverse financial solutions to small and medium enterprises. Its reportable segments are Corporate and Commercial Banking, Retail Banking, Trading and Sales, and Others. The Bank operates only in Pakistan.

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