THFF (First Financial) Shiller PE Ratio: 15.17 (As of Aug. 22, 2026) — 20% Above Median

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THFF First Financial Corp THFF
63 GF Score
Price $79.05
GF Value $62.78
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is First Financial Shiller PE Ratio?

First Financial THFF +0.01% 63 Shiller PE Ratio is 15.17 as of Aug. 22, 2026, which is 20% above its 10-year median of 12.69. GuruFocus rates THFF with a GF Score™ of 63/100 and a GF Value™ of $62.78 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,240 Banks companies, First Financial ranks worse than 58.31% on this metric.

As of today (2026-08-22), First Financial's current share price is $79.05. First Financial's E10 for the quarter that ended in Jun. 2026 was $5.21. First Financial's Shiller PE Ratio for today is 15.17.

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

THFF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.44   Med: 12.69   Max: 21.29
Current: 15.18

During the past years, First Financial's highest Shiller PE Ratio was 21.29. The lowest was 7.44. And the median was 12.69.

THFF's Shiller PE Ratio is ranked worse than
58.31% of 1240 companies
in the Banks industry
Industry Median: 13.665 vs THFF: 15.18

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.

First Financial's adjusted earnings per share data for the three months ended in Jun. 2026 was $1.910. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $5.21 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Financial  (NAS:THFF) 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.


First Financial Shiller PE Ratio Related Terms


First Financial Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for First Financial'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.

First Financial Shiller PE Ratio Chart

First Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.08 11.66 10.04 10.33 12.23

First Financial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 11.46 11.64 12.23 12.51 14.88

THFF vs CAC, FCBC, SBNC: Shiller PE Ratio Comparison

For the Banks - Regional subindustry, First Financial'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.


First Financial Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where First Financial's Shiller PE Ratio falls into.


THFF
63GF Score
First Financial Corp THFF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Financial 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.

First Financial's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=79.05/5.21
=15.17

* 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.

First Financial's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, First Financial's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.91/333.9520*333.9520
=1.910

Current CPI (Jun. 2026) = 333.9520.

First Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.670 241.428 0.927
201612 0.690 241.432 0.954
201703 0.770 243.801 1.055
201706 0.680 244.955 0.927
201709 0.720 246.819 0.974
201712 0.210 246.524 0.284
201803 0.730 249.554 0.977
201806 1.250 251.989 1.657
201809 0.920 252.439 1.217
201812 0.900 251.233 1.196
201903 0.790 254.202 1.038
201906 1.020 256.143 1.330
201909 0.930 256.759 1.210
201912 1.060 256.974 1.378
202003 0.890 258.115 1.151
202006 0.870 257.797 1.127
202009 1.020 260.280 1.309
202012 1.150 260.474 1.474
202103 0.950 264.877 1.198
202106 1.240 271.696 1.524
202109 1.240 274.310 1.510
202112 0.600 278.802 0.719
202203 1.670 287.504 1.940
202206 1.270 296.311 1.431
202209 1.500 296.808 1.688
202212 1.370 296.797 1.542
202303 1.330 301.836 1.472
202306 1.330 305.109 1.456
202309 1.370 307.789 1.486
202312 1.060 306.746 1.154
202403 0.930 312.332 0.994
202406 0.960 314.175 1.020
202409 0.740 315.301 0.784
202412 1.370 315.605 1.450
202503 1.550 319.799 1.619
202506 1.570 322.561 1.625
202509 1.750 324.800 1.799
202512 1.810 324.054 1.865
202603 1.670 330.213 1.689
202606 1.910 333.952 1.910

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 15.17 mean?
First Financial (THFF) has a Shiller PE Ratio of 15.17 as of Aug. 22, 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 First Financial and its competitors. This is 20% above median its historical median of 12.69. Over the past decade, First Financial's Shiller PE Ratio has ranged from 7.44 to 21.29. According to the industry distribution chart, First Financial ranks #723 out of 1240 companies in the Banks industry, placing it in the top 58.3%.
Is First Financial's Shiller PE Ratio too high?
First Financial's current Shiller PE Ratio of 15.17 is 20% above median its 10-year median of 12.69. Over the past 10 years, this metric has ranged from a low of 7.44 to a high of 21.29. The Banks industry median Shiller PE Ratio is 13.67. First Financial's value of 15.17 is 11% above this industry median. Based on the distribution chart, First Financial ranks #723 out of 1240 companies in the Banks industry, which is below the industry midpoint. Overall, First Financial has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Financial's Shiller PE Ratio compare to CAC and FCBC?
According to the Banks industry distribution chart, First Financial ranks #723 out of 1240 companies for Shiller PE Ratio. This places First Financial in the lower half of its industry. The industry median Shiller PE Ratio is 13.67. First Financial's value of 15.17 is 11% above this benchmark. Historically, First Financial's own Shiller PE Ratio has ranged from 7.44 to 21.29 over the past decade. While the company's 10-year median is 12.69 vs. the industry median of 13.67, First Financial 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 13.67, based on 1,240 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. First Financial's current Shiller PE Ratio of 15.17 is 11% 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 First Financial and its competitors. For the Banks industry, the median Shiller PE Ratio is 13.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Financial's current Shiller PE Ratio is 15.17, which is 20% above median its own 10-year median of 12.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Financial stock overvalued right now?
Based on GuruFocus' analysis, First Financial (THFF) is currently considered Modestly Overvalued. The stock's GF Value™ is $62.78, compared to a current price of $79.05 — trading 25.9% above its estimated fair value. The current Shiller PE Ratio is 15.17, which is 20% above median its 10-year median of 12.69 and 11% above the Banks industry median of 13.67. First Financial's overall GF Score™ is 63/100 with 8 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 First Financial (THFF), the current Shiller PE Ratio is 15.17 as of Aug. 22, 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 First Financial (THFF) Overvalued in 2026?

Based on GuruFocus' analysis, First Financial stock appears to be overvalued. The current stock price of $79.05 is trading 25.9% above its estimated GF Value™ of $62.78. GuruFocus considers First Financial to be Modestly Overvalued.

Key valuation signals for THFF:

  • Shiller PE Ratio: 15.17 (20% above median its 10-year median of 12.69)
  • GF Value™: $62.78 vs. price of $79.05 (25.9% above fair value)
  • GF Score™: 63/100 with 8 warning signs
  • Industry Position: 11% above the Banks median (#723 of 1240)

No single metric tells the full story. See the THFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Financial Business Description

Address One First Financial Plaza, Terre Haute, IN, USA, 47807
First Financial Corp operates as a financial holding company, which is engaged in the provision of financial services in the United States. The company offers a wide variety of financial services including commercial, mortgage, and consumer lending, lease financing, trust account services, depositor services and insurance services, through its subsidiaries. Its primary source of revenue is derived from loans to customers and investment activities. Company's loan portfolio was diversified in Commercial, Residential and consumer domains.
63GF Score

Get the complete analysis for THFF

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$79.05
Price
$62.78
GF Value