U.S. Bancorp (MIC:USB-RM) Shiller PE Ratio: (As of Aug. 31, 2026)

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What is U.S. Bancorp Shiller PE Ratio?

Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


U.S. Bancorp  (MIC:USB-RM) 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.


U.S. Bancorp Shiller PE Ratio Related Terms


U.S. Bancorp Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for U.S. 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.

U.S. Bancorp Shiller PE Ratio Chart

U.S. Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.12 10.28 10.02 10.84 11.69

U.S. Bancorp Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 10.02 10.61 11.69 11.16 12.76

MIC:USB-RM vs PNC, NU, TFC: Shiller PE Ratio Comparison

For the Banks - Regional subindustry, U.S. 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.


U.S. Bancorp Shiller PE Ratio vs Banks Industry

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

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



U.S. 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.

U.S. Bancorp's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, U.S. Bancorp's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.35/333.9520*333.9520
=1.350

Current CPI (Jun. 2026) = 333.9520.

U.S. Bancorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.840 241.428 1.162
201612 0.820 241.432 1.134
201703 0.820 243.801 1.123
201706 0.850 244.955 1.159
201709 0.880 246.819 1.191
201712 0.970 246.524 1.314
201803 0.960 249.554 1.285
201806 1.020 251.989 1.352
201809 1.060 252.439 1.402
201812 1.100 251.233 1.462
201903 1.000 254.202 1.314
201906 1.090 256.143 1.421
201909 1.150 256.759 1.496
201912 0.900 256.974 1.170
202003 0.720 258.115 0.932
202006 0.410 257.797 0.531
202009 0.990 260.280 1.270
202012 0.950 260.474 1.218
202103 1.450 264.877 1.828
202106 1.280 271.696 1.573
202109 1.300 274.310 1.583
202112 1.070 278.802 1.282
202203 0.990 287.504 1.150
202206 0.990 296.311 1.116
202209 1.160 296.808 1.305
202212 0.570 296.797 0.641
202303 1.040 301.836 1.151
202306 0.840 305.109 0.919
202309 0.910 307.789 0.987
202312 0.490 306.746 0.533
202403 0.780 312.332 0.834
202406 0.970 314.175 1.031
202409 1.030 315.301 1.091
202412 1.010 315.605 1.069
202503 1.030 319.799 1.076
202506 1.110 322.561 1.149
202509 1.220 324.800 1.254
202512 1.260 324.054 1.298
202603 1.180 330.213 1.193
202606 1.350 333.952 1.350

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.


U.S. Bancorp Business Description

Address 800 Nicollet Mall, Minneapolis, MN, USA, 55402
With assets of around $700 billion, U.S. Bancorp is one of the largest regional banks in the US with its footprint in 26 states. The bank's branch network is mostly in Midwestern and Western markets. U.S. Bancorp has a comprehensive product set, with offerings in retail and commercial banking, credit cards, mortgages, payment services, trust, wealth, and capital market services.