GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Oppenheimer Holdings Inc (NYSE:OPY) » Definitions » Shiller PE Ratio

Oppenheimer Holdings (Oppenheimer Holdings) Shiller PE Ratio : 9.65 (As of Apr. 30, 2024)


View and export this data going back to 1986. Start your Free Trial

What is Oppenheimer Holdings Shiller PE Ratio?

As of today (2024-04-30), Oppenheimer Holdings's current share price is $40.05. Oppenheimer Holdings's E10 for the quarter that ended in Mar. 2024 was $4.15. Oppenheimer Holdings's Shiller PE Ratio for today is 9.65.

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

OPY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.14   Med: 13.78   Max: 36.41
Current: 9.65

During the past years, Oppenheimer Holdings's highest Shiller PE Ratio was 36.41. The lowest was 8.14. And the median was 13.78.

OPY's Shiller PE Ratio is ranked better than
74.41% of 469 companies
in the Capital Markets industry
Industry Median: 19.98 vs OPY: 9.65

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.

Oppenheimer Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was $2.370. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oppenheimer Holdings Shiller PE Ratio Historical Data

The historical data trend for Oppenheimer Holdings'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.

Oppenheimer Holdings Shiller PE Ratio Chart

Oppenheimer Holdings 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 19.27 15.48 14.14 11.17 10.48

Oppenheimer Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.93 10.37 9.63 10.48 9.62

Competitive Comparison of Oppenheimer Holdings's Shiller PE Ratio

For the Capital Markets subindustry, Oppenheimer Holdings'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.


Oppenheimer Holdings's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Oppenheimer Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Oppenheimer Holdings's Shiller PE Ratio falls into.



Oppenheimer Holdings 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.

Oppenheimer Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=40.05/4.15
=9.65

* 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.

Oppenheimer Holdings's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Oppenheimer Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.37/129.4194*129.4194
=2.370

Current CPI (Mar. 2024) = 129.4194.

Oppenheimer Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.110 100.560 -0.142
201409 0.310 100.428 0.399
201412 0.190 99.070 0.248
201503 0.400 99.621 0.520
201506 0.020 100.684 0.026
201509 -0.070 100.392 -0.090
201512 -0.230 99.792 -0.298
201603 -0.290 100.470 -0.374
201606 0.390 101.688 0.496
201609 -0.050 101.861 -0.064
201612 -0.130 101.863 -0.165
201703 -0.360 102.862 -0.453
201706 -0.100 103.349 -0.125
201709 0.570 104.136 0.708
201712 1.540 104.011 1.916
201803 0.480 105.290 0.590
201806 0.630 106.317 0.767
201809 0.360 106.507 0.437
201812 0.590 105.998 0.720
201903 0.810 107.251 0.977
201906 0.890 108.070 1.066
201909 0.290 108.329 0.346
201912 1.840 108.420 2.196
202003 0.580 108.902 0.689
202006 1.340 108.767 1.594
202009 1.190 109.815 1.402
202012 6.170 109.897 7.266
202103 2.910 111.754 3.370
202106 2.280 114.631 2.574
202109 1.920 115.734 2.147
202112 4.610 117.630 5.072
202203 0.690 121.301 0.736
202206 -0.320 125.017 -0.331
202209 0.370 125.227 0.382
202212 1.870 125.222 1.933
202303 1.220 127.348 1.240
202306 -0.850 128.729 -0.855
202309 1.210 129.860 1.206
202312 0.980 129.419 0.980
202403 2.370 129.419 2.370

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.


Oppenheimer Holdings  (NYSE:OPY) 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.


Oppenheimer Holdings Shiller PE Ratio Related Terms

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


Oppenheimer Holdings (Oppenheimer Holdings) Business Description

Traded in Other Exchanges
N/A
Address
85 Broad Street, New York, NY, USA, 10004
Oppenheimer Holdings Inc conducts activities in the securities industry. The company is involved in retail securities brokerage, investment banking (both corporate and public finance), institutional sales and trading, market-making, research, trust services, and investment advisory and asset management services. The company has three segments: private client, asset management, and capital markets. The private client segment, including full-service brokerage, wealth planning, and margin lending, contributes over half of total revenue. The company generates the majority of revenue from the Americas, with the rest from Europe, the Middle East, and Asia.
Executives
Stacy J. Kanter director C/O APPLIED THERAPEUTICS, INC., 340 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10173
Evan Behrens director C/O SEACOR HOLDINGS INC., 2200 ELLER DRIVE, P.O. BOX 13038, FORT LAUDERDALE FL 33316
Brad M Watkins officer: CFO 72 CANDY LANE, SYOSSET NY 11791
Paul M Friedman director 11 DEERFIELD LANE, SCARSDALE NY 10583
R Lawrence Roth director C/O OPPENHEIMER HOLDINGS INC., 85 BROAD STREET, NEW YORK NY 10004
A Winn Oughtred director 52 MAPLE AVE, TORONTO ONTARIO A6 M4W 2T7
Timothy Martin Dwyer director 60 BEACON HILL ROAD, NEW CANAAN CT 06840
William Ehrhardt director 101 PARK BLVD NORTH, VENICE FL 34285
Teresa Glasser director 1044 GRAND ISLE TERRACE, PALM BEACH GARDENS FL 33418
Robert S Lowenthal director 85 BROAD STREET, NEW YORK NY 10004
Albert G Lowenthal director, 10 percent owner, officer: CEO OPPENHEIMER HOLDINGS INC., 85 BROAD STREET, NEW YORK NY 10004
Jeffrey J Alfano officer: CFO C/O OPPENHEIMER & CO. INC., 85 BROAD STREET, NEW YORK NY 10004
Dennis P Mcnamara officer: Secretary C/O OPPENHEIMER & CO. INC., 85 BROAD STREET, NEW YORK NY 10004
Morris Goldfarb director C/O G-III APPAREL GROUP, 345 W 37TH ST, NY NY 10018
Richard Crystal director 41 BLACK BIRCH LN, SCARSDALE NY 10583