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Lakeland FinancialLKFN -1.01%68 Shiller PE Ratio is 14.73 as of Sep. 08, 2026, which is 37% below its 10-year median of 23.52. GuruFocus rates LKFN with a GF Score™ of 68/100 and a GF Value™ of $68.89 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,236 Banks companies, Lakeland Financial ranks worse than 55.91% on this metric.
The historical rank and industry rank for Lakeland Financial's Shiller PE Ratio or its related term are showing as below:
LKFN'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.65 Med: 23.52 Max: 34.01
Current: 14.74
During the past years, Lakeland Financial's highest Shiller PE Ratio was 34.01. The lowest was 13.65. And the median was 23.52.
LKFN's Shiller PE Ratio is ranked worse than 55.91% of 1236
companies
in the Banks industry
Industry Median: 14.01
vs LKFN: 14.74
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.
Lakeland Financial's adjusted earnings per share data for the three months ended in Jun. 2026 was $1.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.07 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Lakeland Financial (NAS:LKFN) 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.
Lakeland Financial Shiller PE Ratio Related Terms
Lakeland Financial Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Lakeland Financial'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.
LKFN vs AMAL, BHRB, PEBO: Shiller PE Ratio Comparison
For the Banks - Regional subindustry, Lakeland Financial'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.
Lakeland Financial Shiller PE Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Lakeland Financial's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Lakeland Financial's Shiller PE Ratio falls into.
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.
* 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.
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.
Lakeland Financial (LKFN) has a Shiller PE Ratio of 14.73 as of Sep. 08, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Lakeland Financial and its competitors. This is 37% below median its historical median of 23.52. Over the past decade, Lakeland Financial's Shiller PE Ratio has ranged from 13.65 to 34.01. According to the industry distribution chart, Lakeland Financial ranks #691 out of 1236 companies in the Banks industry, placing it in the top 55.9%.
Is Lakeland Financial's Shiller PE Ratio too high?
Lakeland Financial's current Shiller PE Ratio of 14.73 is 37% below median its 10-year median of 23.52. Over the past 10 years, this metric has ranged from a low of 13.65 to a high of 34.01. The Banks industry median Shiller PE Ratio is 14.01. Lakeland Financial's value of 14.73 is 5.1% above this industry median. Based on the distribution chart, Lakeland Financial ranks #691 out of 1236 companies in the Banks industry, which is below the industry midpoint. Overall, Lakeland Financial has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lakeland Financial's Shiller PE Ratio compare to AMAL and BHRB?
According to the Banks industry distribution chart, Lakeland Financial ranks #691 out of 1236 companies for Shiller PE Ratio. This places Lakeland Financial in the lower half of its industry. The industry median Shiller PE Ratio is 14.01. Lakeland Financial's value of 14.73 is 5.1% above this benchmark. Historically, Lakeland Financial's own Shiller PE Ratio has ranged from 13.65 to 34.01 over the past decade. While the company's 10-year median is 23.52 vs. the industry median of 14.01, Lakeland Financial has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Banks company?
The median Shiller PE Ratio among Banks companies is 14.01, based on 1,236 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lakeland Financial's current Shiller PE Ratio of 14.73 is 5.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Lakeland Financial and its competitors. For the Banks industry, the median Shiller PE Ratio is 14.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lakeland Financial's current Shiller PE Ratio is 14.73, which is 37% below median its own 10-year median of 23.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lakeland Financial stock overvalued right now?
Based on GuruFocus' analysis, Lakeland Financial (LKFN) is currently considered Modestly Undervalued. The stock's GF Value™ is $68.89, compared to a current price of $59.97 — trading 12.9% below its estimated fair value. The current Shiller PE Ratio is 14.73, which is 37% below median its 10-year median of 23.52 and 5.1% above the Banks industry median of 14.01. Lakeland Financial's overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Lakeland Financial (LKFN), the current Shiller PE Ratio is 14.73 as of Sep. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Lakeland Financial (LKFN) Overvalued in 2026?
Based on GuruFocus' analysis, Lakeland Financial stock appears to be undervalued.
The current stock price of $59.97 is trading 12.9% below its estimated GF Value™ of $68.89.
GuruFocus considers Lakeland Financial to be Modestly Undervalued.
Key valuation signals for LKFN:
Shiller PE Ratio: 14.73 (37% below median its 10-year median of 23.52)
GF Value™: $68.89 vs. price of $59.97 (12.9% below fair value)
Industry Position: 5.1% above the Banks median (#691 of 1236)
No single metric tells the full story. See the LKFN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lakeland Financial Corp is a bank holding company. It provides commercial, retail, wealth advisory, and investment management services. It offers a broad line of products and services throughout its Northern and Central Indiana markets. The company provides commercial and consumer banking services, as well as trust and wealth management, brokerage, and treasury management commercial services. It serves a wide variety of industries including, among others, commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and healthcare. The company's revenue is derived from the business of banking.
68GF Score
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