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SpareBank 1 SR Bank ASA (STU:B4M1) Shiller PE Ratio : 11.03 (As of Sep. 22, 2024)


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What is SpareBank 1 SR Bank ASA Shiller PE Ratio?

As of today (2024-09-22), SpareBank 1 SR Bank ASA's current share price is €11.36. SpareBank 1 SR Bank ASA's E10 for the quarter that ended in Jun. 2024 was €1.03. SpareBank 1 SR Bank ASA's Shiller PE Ratio for today is 11.03.

The historical rank and industry rank for SpareBank 1 SR Bank ASA's Shiller PE Ratio or its related term are showing as below:

STU:B4M1' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6   Med: 11.09   Max: 15.05
Current: 11.33

During the past years, SpareBank 1 SR Bank ASA's highest Shiller PE Ratio was 15.05. The lowest was 6.00. And the median was 11.09.

STU:B4M1's Shiller PE Ratio is ranked worse than
54.01% of 1196 companies
in the Banks industry
Industry Median: 10.92 vs STU:B4M1: 11.33

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.

SpareBank 1 SR Bank ASA's adjusted earnings per share data for the three months ended in Jun. 2024 was €0.368. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.03 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SpareBank 1 SR Bank ASA Shiller PE Ratio Historical Data

The historical data trend for SpareBank 1 SR Bank ASA'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.

SpareBank 1 SR Bank ASA Shiller PE Ratio Chart

SpareBank 1 SR Bank ASA 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 10.91 10.84 14.37 11.65 11.17

SpareBank 1 SR Bank ASA Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 11.78 11.04 11.17 11.65 10.96

Competitive Comparison of SpareBank 1 SR Bank ASA's Shiller PE Ratio

For the Banks - Regional subindustry, SpareBank 1 SR Bank ASA'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.


SpareBank 1 SR Bank ASA's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 SR Bank ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where SpareBank 1 SR Bank ASA's Shiller PE Ratio falls into.



SpareBank 1 SR Bank ASA 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.

SpareBank 1 SR Bank ASA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=11.36/1.03
=11.03

* 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.

SpareBank 1 SR Bank ASA's E10 for the quarter that ended in Jun. 2024 is calculated as:

For example, SpareBank 1 SR Bank ASA's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.368/133.8000*133.8000
=0.368

Current CPI (Jun. 2024) = 133.8000.

SpareBank 1 SR Bank ASA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 0.217 98.500 0.295
201412 0.195 98.600 0.265
201503 0.224 99.200 0.302
201506 0.193 100.100 0.258
201509 0.158 100.600 0.210
201512 0.182 100.900 0.241
201603 0.160 102.500 0.209
201606 0.170 103.800 0.219
201609 0.227 104.200 0.291
201612 0.185 104.400 0.237
201703 0.174 105.000 0.222
201706 0.211 105.800 0.267
201709 0.256 105.900 0.323
201712 0.221 106.100 0.279
201803 0.212 107.300 0.264
201806 0.254 108.500 0.313
201809 0.258 109.500 0.315
201812 0.210 109.800 0.256
201903 0.461 110.400 0.559
201906 0.361 110.600 0.437
201909 0.234 111.100 0.282
201912 0.183 111.300 0.220
202003 0.068 111.200 0.082
202006 0.085 112.100 0.101
202009 0.176 112.900 0.209
202012 0.217 112.900 0.257
202103 0.270 114.600 0.315
202106 0.308 115.300 0.357
202109 0.275 117.500 0.313
202112 0.336 118.900 0.378
202203 0.295 119.800 0.329
202206 0.294 122.600 0.321
202209 0.310 125.600 0.330
202212 0.364 125.900 0.387
202303 0.294 127.600 0.308
202306 0.333 130.400 0.342
202309 0.344 129.800 0.355
202312 0.476 131.900 0.483
202403 0.369 132.600 0.372
202406 0.368 133.800 0.368

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.


SpareBank 1 SR Bank ASA  (STU:B4M1) 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.


SpareBank 1 SR Bank ASA Shiller PE Ratio Related Terms

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SpareBank 1 SR Bank ASA Business Description

Traded in Other Exchanges
Address
Christen Tranes Gate 35, Stavanger, NOR, 4007
SpareBank 1 SR Bank ASA is a Norwegian regional bank engaged in selling and procuring a wide range of financial products and services, investments services, leasing, estate agency and accounting services. The company is organized around three customer segments: 1) Retail customers, 2) SME and Agriculture, and 3) Large Corporates. The company primarily operates in a geographical area bounded by Oslo in the southeast and Bergen in the northwest.

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