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Melhus Sparebank (OSL:MELG) Shiller PE Ratio : 8.78 (As of May. 03, 2025)


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What is Melhus Sparebank Shiller PE Ratio?

As of today (2025-05-03), Melhus Sparebank's current share price is kr169.54. Melhus Sparebank's E10 for the quarter that ended in Dec. 2024 was kr19.31. Melhus Sparebank's Shiller PE Ratio for today is 8.78.

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

OSL:MELG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.33   Med: 8.13   Max: 11.28
Current: 8.71

During the past years, Melhus Sparebank's highest Shiller PE Ratio was 11.28. The lowest was 5.33. And the median was 8.13.

OSL:MELG's Shiller PE Ratio is ranked better than
70.46% of 1185 companies
in the Banks industry
Industry Median: 11.16 vs OSL:MELG: 8.71

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.

Melhus Sparebank's adjusted earnings per share data for the three months ended in Dec. 2024 was kr15.387. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr19.31 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Melhus Sparebank Shiller PE Ratio Historical Data

The historical data trend for Melhus Sparebank'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.

Melhus Sparebank Shiller PE Ratio Chart

Melhus Sparebank 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 7.90 8.91 10.38 9.04 8.52

Melhus Sparebank 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 9.04 8.86 8.11 8.03 8.52

Competitive Comparison of Melhus Sparebank's Shiller PE Ratio

For the Banks - Regional subindustry, Melhus Sparebank'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.


Melhus Sparebank's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Melhus Sparebank's Shiller PE Ratio falls into.


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Melhus Sparebank 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.

Melhus Sparebank's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=169.54/19.31
=8.78

* 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.

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

For example, Melhus Sparebank'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)
=15.387/134.8000*134.8000
=15.387

Current CPI (Dec. 2024) = 134.8000.

Melhus Sparebank Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 2.303 99.200 3.129
201506 4.684 100.100 6.308
201509 1.610 100.600 2.157
201512 5.962 100.900 7.965
201603 12.366 102.500 16.263
201606 12.861 103.800 16.702
201609 8.601 104.200 11.127
201612 6.121 104.400 7.903
201703 2.940 105.000 3.774
201706 4.410 105.800 5.619
201709 3.000 105.900 3.819
201712 5.037 106.100 6.400
201803 2.530 107.300 3.178
201806 4.260 108.500 5.293
201809 2.810 109.500 3.459
201812 4.661 109.800 5.722
201903 2.450 110.400 2.991
201906 4.950 110.600 6.033
201909 2.820 111.100 3.422
201912 -11.291 111.300 -13.675
202003 1.670 111.200 2.024
202006 4.230 112.100 5.087
202009 2.330 112.900 2.782
202012 -9.186 112.900 -10.968
202103 2.340 114.600 2.752
202106 4.840 115.300 5.659
202109 2.700 117.500 3.098
202112 -12.111 118.900 -13.731
202203 2.160 119.800 2.430
202206 4.640 122.600 5.102
202209 7.980 125.600 8.565
202212 -14.641 125.900 -15.676
202303 3.050 127.600 3.222
202306 22.181 130.400 22.929
202309 10.651 129.800 11.061
202312 6.905 131.900 7.057
202403 2.740 132.600 2.785
202406 15.278 133.800 15.392
202409 10.509 133.700 10.595
202412 15.387 134.800 15.387

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.


Melhus Sparebank  (OSL:MELG) 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.


Melhus Sparebank Shiller PE Ratio Related Terms

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


Melhus Sparebank Business Description

Traded in Other Exchanges
Address
Melhus Road 439, Melhus, NOR, 7224
Melhus Sparebank is a savings bank that offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

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