FirstrandNAM:FST 85 Shiller PE Ratio is 15.24 as of Jul. 09, 2026, which is 16% above its 10-year median of 13.13. GuruFocus rates NAM:FST with a GF Score™ of 85/100 and a GF Value™ of R84.57 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,237 Banks companies, Firstrand ranks worse than 59.66% on this metric.
As of today (2026-07-09), Firstrand's current share price is R97.36. Firstrand's E10 for the fiscal year that ended in Jun25 was R6.39. Firstrand's Shiller PE Ratio for today is 15.24.
The historical rank and industry rank for Firstrand's Shiller PE Ratio or its related term are showing as below:
NAM:FST'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.85 Med: 13.13 Max: 20.67
Current: 15.08
During the past 13 years, Firstrand's highest Shiller PE Ratio was 20.67. The lowest was 7.85. And the median was 13.13.
NAM:FST's Shiller PE Ratio is ranked worse than 59.66% of 1237
companies
in the Banks industry
Industry Median: 13.52
vs NAM:FST: 15.08
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.
Firstrand's adjusted earnings per share data of for the fiscal year that ended in Jun25 was R7.479. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R6.39 for the trailing ten years ended in Jun25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Firstrand (NAM:FST) 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.
Firstrand Shiller PE Ratio Related Terms
Firstrand Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Firstrand'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.
NAM:FST vs JPM, BAC, WFC: Shiller PE Ratio Comparison
For the Banks - Diversified subindustry, Firstrand'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.
Firstrand Shiller PE Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Firstrand's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Firstrand'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.
Firstrand's Shiller PE Ratio for today is calculated as
* 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.
Firstrand's E10 for the fiscal year that ended in Jun25 is calculated as:
For example, Firstrand's adjusted earnings per share data for the fiscal year that ended in Jun25 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.
Firstrand (NAM:FST) has a Shiller PE Ratio of 15.24 as of Jul. 09, 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 Firstrand and its competitors. This is 16% above median its historical median of 13.13. Over the past decade, Firstrand's Shiller PE Ratio has ranged from 7.85 to 20.67. According to the industry distribution chart, Firstrand ranks #738 out of 1237 companies in the Banks industry, placing it in the top 59.7%.
Is Firstrand's Shiller PE Ratio too high?
Firstrand's current Shiller PE Ratio of 15.24 is 16% above median its 10-year median of 13.13. Over the past 10 years, this metric has ranged from a low of 7.85 to a high of 20.67. The Banks industry median Shiller PE Ratio is 13.52. Firstrand's value of 15.24 is 12.7% above this industry median. Based on the distribution chart, Firstrand ranks #738 out of 1237 companies in the Banks industry, which is below the industry midpoint. Overall, Firstrand has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Firstrand's Shiller PE Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Firstrand ranks #738 out of 1237 companies for Shiller PE Ratio. This places Firstrand in the lower half of its industry. The industry median Shiller PE Ratio is 13.52. Firstrand's value of 15.24 is 12.7% above this benchmark. Historically, Firstrand's own Shiller PE Ratio has ranged from 7.85 to 20.67 over the past decade. While the company's 10-year median is 13.13 vs. the industry median of 13.52, Firstrand 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 13.52, based on 1,237 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. Firstrand's current Shiller PE Ratio of 15.24 is 12.7% 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 Firstrand and its competitors. For the Banks industry, the median Shiller PE Ratio is 13.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firstrand's current Shiller PE Ratio is 15.24, which is 16% above median its own 10-year median of 13.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firstrand stock overvalued right now?
Based on GuruFocus' analysis, Firstrand (NAM:FST) is currently considered Modestly Overvalued. The stock's GF Value™ is R84.57, compared to a current price of R97.36 — trading 15.1% above its estimated fair value. The current Shiller PE Ratio is 15.24, which is 16% above median its 10-year median of 13.13 and 12.7% above the Banks industry median of 13.52. Firstrand's overall GF Score™ is 85/100 with 4 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 Firstrand (NAM:FST), the current Shiller PE Ratio is 15.24 as of Jul. 09, 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 Firstrand (NAM:FST) Overvalued in 2026?
Based on GuruFocus' analysis, Firstrand stock appears to be overvalued.
The current stock price of R97.36 is trading 15.1% above its estimated GF Value™ of R84.57.
GuruFocus considers Firstrand to be Modestly Overvalued.
Key valuation signals for NAM:FST:
Shiller PE Ratio: 15.24 (16% above median its 10-year median of 13.13)
GF Value™: R84.57 vs. price of R97.36 (15.1% above fair value)
Industry Position: 12.7% above the Banks median (#738 of 1237)
No single metric tells the full story. See the NAM:FST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Firstrand Ltd wholly owns FirstRand Bank, a full-service bank providing a comprehensive range of retail, commercial, corporate and investment banking services in South Africa and offers niche products. The bank has three divisions, which are separately branded: First National Bank (FNB), WesBank and Rand Merchant Bank (RMB). The firm's reportable segment includes Retail and commercial segment, Corporate and institutional segment, Centre (including group treasury), Firstrand Bank Normalised, and Normalised adjustments.
85GF Score
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