GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mizrahi Tefahot Bank Ltd (OTCPK:MZTFF) » Definitions » Shiller PE Ratio

Mizrahi Tefahot Bank (Mizrahi Tefahot Bank) Shiller PE Ratio : 12.52 (As of May. 20, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Mizrahi Tefahot Bank Shiller PE Ratio?

As of today (2024-05-20), Mizrahi Tefahot Bank's current share price is $34.68. Mizrahi Tefahot Bank's E10 for the quarter that ended in Jun. 2023 was $2.77. Mizrahi Tefahot Bank's Shiller PE Ratio for today is 12.52.

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

MZTFF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.28   Med: 14.1   Max: 19.09
Current: 14.15

During the past years, Mizrahi Tefahot Bank's highest Shiller PE Ratio was 19.09. The lowest was 8.28. And the median was 14.10.

MZTFF's Shiller PE Ratio is ranked worse than
74.65% of 1140 companies
in the Banks industry
Industry Median: 10.405 vs MZTFF: 14.15

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.

Mizrahi Tefahot Bank's adjusted earnings per share data for the three months ended in Jun. 2023 was $1.465. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.77 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mizrahi Tefahot Bank Shiller PE Ratio Historical Data

The historical data trend for Mizrahi Tefahot 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.

Mizrahi Tefahot Bank Shiller PE Ratio Chart

Mizrahi Tefahot 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 - 10.88 17.56 13.55 -

Mizrahi Tefahot Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 15.41 13.55 12.58 13.09 -

Competitive Comparison of Mizrahi Tefahot Bank's Shiller PE Ratio

For the Banks - Regional subindustry, Mizrahi Tefahot 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.


Mizrahi Tefahot Bank's Shiller PE Ratio Distribution in the Banks Industry

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

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



Mizrahi Tefahot 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.

Mizrahi Tefahot Bank's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=34.68/2.77
=12.52

* 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.

Mizrahi Tefahot Bank's E10 for the quarter that ended in Jun. 2023 is calculated as:

For example, Mizrahi Tefahot Bank's adjusted earnings per share data for the three months ended in Jun. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=1.465/128.7287*128.7287
=1.465

Current CPI (Jun. 2023) = 128.7287.

Mizrahi Tefahot Bank Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201309 0.355 98.790 0.463
201312 0.301 98.326 0.394
201403 0.043 99.695 0.056
201406 0.357 100.560 0.457
201409 0.366 100.428 0.469
201412 0.236 99.070 0.307
201503 0.290 99.621 0.375
201506 0.385 100.684 0.492
201509 0.368 100.392 0.472
201512 0.276 99.792 0.356
201603 0.336 100.470 0.431
201606 0.398 101.688 0.504
201609 0.436 101.861 0.551
201612 0.306 101.863 0.387
201703 0.371 102.862 0.464
201706 0.463 103.349 0.577
201709 0.301 104.136 0.372
201712 0.422 104.011 0.522
201803 0.395 105.290 0.483
201806 0.238 106.317 0.288
201809 0.525 106.507 0.635
201812 0.233 105.998 0.283
201903 0.466 107.251 0.559
201906 0.664 108.070 0.791
201909 0.485 108.329 0.576
201912 0.506 108.420 0.601
202003 0.409 108.902 0.483
202006 0.414 108.767 0.490
202009 0.447 109.815 0.524
202012 0.542 109.897 0.635
202103 0.715 111.754 0.824
202106 1.043 114.631 1.171
202109 0.891 115.734 0.991
202112 0.693 117.630 0.758
202203 1.200 121.301 1.273
202206 1.108 125.017 1.141
202209 1.235 125.227 1.270
202212 1.135 125.222 1.167
202303 1.435 127.348 1.451
202306 1.465 128.729 1.465

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.


Mizrahi Tefahot Bank  (OTCPK:MZTFF) 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.


Mizrahi Tefahot Bank Shiller PE Ratio Related Terms

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


Mizrahi Tefahot Bank (Mizrahi Tefahot Bank) Business Description

Traded in Other Exchanges
Address
7 Jabotinsky Street, P.O. Box 3450, Ramat Gan, ISR, 5252007
Mizrahi Tefahot Bank Ltd offers commercial and personal banking services. The company reports seven core segments: household, consisting of individuals with assets less than ILS 3 million in assets; private banking, consisting of individuals with financial assets greater than ILS 3 million; micro and small business; medium business; large business; institutional investor, servicing asset managers, fund managers, and insurance companies; and financial management, including trade operations, asset, and liability management, and miscellaneous investments. Approximately half of the company's total revenue comes from the household segment. The company operates through a branch network spanning Israel, Europe, and the Americas.

Mizrahi Tefahot Bank (Mizrahi Tefahot Bank) Headlines

From GuruFocus

Q1 2023 Mizrahi Tefahot Bank Ltd Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q4 2020 Mizrahi Tefahot Bank Ltd Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q2 2022 Mizrahi Tefahot Bank Ltd Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q1 2022 Mizrahi Tefahot Bank Ltd Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q4 2021 Mizrahi Tefahot Bank Ltd Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q3 2023 Mizrahi Tefahot Bank Ltd Earnings Call Transcript

By GuruFocus Research 02-14-2024