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Gronlandsbanken AS (OCSE:GRLA) Shiller PE Ratio : 10.97 (As of Mar. 25, 2025)


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What is Gronlandsbanken AS Shiller PE Ratio?

As of today (2025-03-25), Gronlandsbanken AS's current share price is kr845.00. Gronlandsbanken AS's E10 for the quarter that ended in Dec. 2024 was kr77.05. Gronlandsbanken AS's Shiller PE Ratio for today is 10.97.

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

OCSE:GRLA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.47   Med: 10.12   Max: 12
Current: 11.16

During the past years, Gronlandsbanken AS's highest Shiller PE Ratio was 12.00. The lowest was 8.47. And the median was 10.12.

OCSE:GRLA's Shiller PE Ratio is ranked better than
51.77% of 1155 companies
in the Banks industry
Industry Median: 11.32 vs OCSE:GRLA: 11.16

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.

Gronlandsbanken AS's adjusted earnings per share data for the three months ended in Dec. 2024 was kr21.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr77.05 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gronlandsbanken AS Shiller PE Ratio Historical Data

The historical data trend for Gronlandsbanken AS'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.

Gronlandsbanken AS Shiller PE Ratio Chart

Gronlandsbanken AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.01 9.78 9.21 8.83 9.08

Gronlandsbanken AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 8.83 8.81 8.87 8.73 9.08

Competitive Comparison of Gronlandsbanken AS's Shiller PE Ratio

For the Banks - Regional subindustry, Gronlandsbanken AS'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.


Gronlandsbanken AS's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Gronlandsbanken AS's Shiller PE Ratio falls into.



Gronlandsbanken AS 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.

Gronlandsbanken AS's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=845.00/77.05
=10.97

* 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.

Gronlandsbanken AS's E10 for the quarter that ended in Dec. 2024 is calculated as:

For example, Gronlandsbanken AS's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=21.7/133.1571*133.1571
=21.700

Current CPI (Dec. 2024) = 133.1571.

Gronlandsbanken AS Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 9.600 99.621 12.832
201506 11.300 100.684 14.945
201509 10.500 100.392 13.927
201512 9.000 99.792 12.009
201603 8.100 100.470 10.735
201606 9.900 101.688 12.964
201609 13.171 101.861 17.218
201612 11.700 101.863 15.294
201703 14.500 102.862 18.771
201706 13.477 103.349 17.364
201709 11.300 104.136 14.449
201712 10.923 104.011 13.984
201803 12.900 105.290 16.314
201806 13.100 106.317 16.407
201809 14.479 106.507 18.102
201812 22.198 105.998 27.886
201903 14.400 107.251 17.878
201906 21.400 108.070 26.368
201909 17.628 108.329 21.668
201912 18.700 108.420 22.967
202003 6.800 108.902 8.315
202006 15.969 108.767 19.550
202009 15.600 109.815 18.916
202012 15.066 109.897 18.255
202103 23.000 111.754 27.405
202106 14.145 114.631 16.431
202109 16.100 115.734 18.524
202112 20.451 117.630 23.151
202203 20.900 121.301 22.943
202206 7.763 125.017 8.268
202209 7.900 125.227 8.400
202212 18.224 125.222 19.379
202303 25.600 127.348 26.768
202306 22.300 128.729 23.067
202309 28.269 129.860 28.987
202312 30.700 129.419 31.587
202403 34.300 131.776 34.659
202406 24.314 132.554 24.425
202409 27.700 133.029 27.727
202412 21.700 133.157 21.700

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.


Gronlandsbanken AS  (OCSE:GRLA) 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.


Gronlandsbanken AS Shiller PE Ratio Related Terms

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


Gronlandsbanken AS Business Description

Traded in Other Exchanges
N/A
Address
Imaneq 33, Post Box 1033, Nuuk, GRL, 3900
Gronlandsbanken AS is a Greenland-based bank engaged in consultancy and financial services in Greenland. The bank's products and services are provided to private customers and commercial enterprises. The company offers home banking, mortgage loans, savings accounts, pension funds, insurance, payment transfers, and investment advisory services. It also operates an electronic banking platform, named Netbank, which enables access to a range of facilities, such as payments, transfers, and invoices.

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