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First Capital SpAMIL:FIC +0.57%31 Shiller PE Ratio is 7.72 as of Sep. 14, 2026, which is 24% below its 10-year median of 10.10. GuruFocus rates MIL:FIC with a GF Score™ of 31/100. The stock has 3 warning signs investors should review. Among 475 Capital Markets companies, First Capital SpA ranks better than 88.21% on this metric.
The historical rank and industry rank for First Capital SpA's Shiller PE Ratio or its related term are showing as below:
MIL:FIC'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.15 Med: 10.1 Max: 29.22
Current: 7.73
During the past 13 years, First Capital SpA's highest Shiller PE Ratio was 29.22. The lowest was 7.15. And the median was 10.10.
MIL:FIC's Shiller PE Ratio is ranked better than 88.21% of 475
companies
in the Capital Markets industry
Industry Median: 20.85
vs MIL:FIC: 7.73
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.
First Capital SpA's adjusted earnings per share data of for the fiscal year that ended in Dec25 was €4.195. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.30 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
First Capital SpA (MIL:FIC) 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.
First Capital SpA Shiller PE Ratio Related Terms
First Capital SpA Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for First Capital SpA'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.
MIL:FIC vs MS, GS, SCHW: Shiller PE Ratio Comparison
For the Capital Markets subindustry, First Capital SpA'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.
First Capital SpA Shiller PE Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, First Capital SpA's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where First Capital SpA'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.
First Capital SpA's E10 for the fiscal year that ended in Dec25 is calculated as:
For example, First Capital SpA's adjusted earnings per share data for the fiscal year that ended in Dec25 was:
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.
First Capital SpA (MIL:FIC) has a Shiller PE Ratio of 7.72 as of Sep. 14, 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 First Capital SpA and its competitors. This is 24% below median its historical median of 10.10. Over the past decade, First Capital SpA's Shiller PE Ratio has ranged from 7.15 to 29.22. According to the industry distribution chart, First Capital SpA ranks #56 out of 475 companies in the Capital Markets industry, placing it in the top 11.8%.
Is First Capital SpA's Shiller PE Ratio too high?
First Capital SpA's current Shiller PE Ratio of 7.72 is 24% below median its 10-year median of 10.10. Over the past 10 years, this metric has ranged from a low of 7.15 to a high of 29.22. The Capital Markets industry median Shiller PE Ratio is 20.85. First Capital SpA's value of 7.72 is 63% below this industry median. Based on the distribution chart, First Capital SpA ranks #56 out of 475 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, First Capital SpA has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does First Capital SpA's Shiller PE Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, First Capital SpA ranks #56 out of 475 companies for Shiller PE Ratio. This places First Capital SpA in the top 12% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 20.85. First Capital SpA's value of 7.72 is 63% below this benchmark. Historically, First Capital SpA's own Shiller PE Ratio has ranged from 7.15 to 29.22 over the past decade. While the company's 10-year median is 10.10 vs. the industry median of 20.85, First Capital SpA has consistently been below 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 Capital Markets company?
The median Shiller PE Ratio among Capital Markets companies is 20.85, based on 475 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. First Capital SpA's current Shiller PE Ratio of 7.72 is 63% below 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 First Capital SpA and its competitors. For the Capital Markets industry, the median Shiller PE Ratio is 20.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Capital SpA's current Shiller PE Ratio is 7.72, which is 24% below median its own 10-year median of 10.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Capital SpA stock overvalued right now?
First Capital SpA (MIL:FIC) has a current Shiller PE Ratio of 7.72. The current Shiller PE Ratio is 7.72, which is 24% below median its 10-year median of 10.10 and 63% below the Capital Markets industry median of 20.85. First Capital SpA's overall GF Score™ is 31/100 with 3 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 First Capital SpA (MIL:FIC), the current Shiller PE Ratio is 7.72 as of Sep. 14, 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.
First Capital SpA is an investment holding company specialising in Public Equity and Private Equity Investments, focused on Small-Medium Enterprises, with an active approach to managing investee companies. It seeks investment opportunities among companies in niche markets with skilled management teams and with sustainable development plans. The company is a long-term investor which contributes to an increase of its target companies' value over time, supporting entrepreneurs for the creation of successful strategies, also through the appointment of its candidates in the administrative and supervisory bodies.
31GF Score
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