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The 77 Bank (TSE:8341) Shiller PE Ratio : 16.79 (As of May. 25, 2024)


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What is The 77 Bank Shiller PE Ratio?

As of today (2024-05-25), The 77 Bank's current share price is 円4690.00. The 77 Bank's E10 for the quarter that ended in Dec. 2023 was 円279.33. The 77 Bank's Shiller PE Ratio for today is 16.79.

The historical rank and industry rank for The 77 Bank's Shiller PE Ratio or its related term are showing as below:

TSE:8341' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.05   Med: 10.36   Max: 24.1
Current: 16.79

During the past years, The 77 Bank's highest Shiller PE Ratio was 24.10. The lowest was 5.05. And the median was 10.36.

TSE:8341's Shiller PE Ratio is ranked worse than
82.88% of 1139 companies
in the Banks industry
Industry Median: 10.13 vs TSE:8341: 16.79

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.

The 77 Bank's adjusted earnings per share data for the three months ended in Dec. 2023 was 円99.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円279.33 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


The 77 Bank Shiller PE Ratio Historical Data

The historical data trend for The 77 Bank'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.

The 77 Bank Shiller PE Ratio Chart

The 77 Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.26 7.23 6.63 8.41 -

The 77 Bank 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 8.41 9.72 11.60 12.46 -

Competitive Comparison of The 77 Bank's Shiller PE Ratio

For the Banks - Regional subindustry, The 77 Bank'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.


The 77 Bank's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The 77 Bank's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where The 77 Bank's Shiller PE Ratio falls into.



The 77 Bank 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.

The 77 Bank's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4690.00/279.33
=16.79

* 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.

The 77 Bank's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, The 77 Bank's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=99.51/106.8000*106.8000
=99.510

Current CPI (Dec. 2023) = 106.8000.

The 77 Bank Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 42.150 95.700 47.039
201406 101.050 98.000 110.124
201409 31.350 98.500 33.992
201412 76.950 97.900 83.945
201503 17.850 97.900 19.473
201506 86.000 98.400 93.341
201509 58.100 98.500 62.996
201512 102.900 98.100 112.026
201603 -36.250 97.900 -39.545
201606 80.450 98.100 87.585
201609 68.410 98.000 74.553
201612 14.280 98.400 15.499
201703 51.600 98.100 56.176
201706 91.520 98.500 99.232
201709 71.390 98.800 77.171
201712 69.680 99.400 74.867
201803 13.740 99.200 14.793
201806 118.720 99.200 127.815
201809 60.480 99.900 64.657
201812 10.070 99.700 10.787
201903 48.625 99.700 52.088
201906 87.500 99.800 93.637
201909 65.400 100.100 69.777
201912 56.140 100.500 59.659
202003 37.824 100.300 40.275
202006 78.740 99.900 84.178
202009 22.470 99.900 24.022
202012 99.875 99.300 107.418
202103 21.800 99.900 23.306
202106 101.460 99.500 108.904
202109 63.390 100.100 67.633
202112 76.820 100.100 81.962
202203 59.140 101.100 62.474
202206 106.560 101.800 111.794
202209 68.794 103.100 71.263
202212 100.340 104.100 102.942
202303 63.030 104.400 64.479
202306 114.660 105.200 116.404
202309 124.299 106.200 125.001
202312 99.510 106.800 99.510

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.


The 77 Bank  (TSE:8341) 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.


The 77 Bank Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of The 77 Bank's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


The 77 Bank (TSE:8341) Business Description

Traded in Other Exchanges
N/A
Address
3-20, Chuo 3-chome, Aoba-ku, Miyagi, Sendai, JPN, 980-8777
The 77 Bank Ltd operates mostly in the Miyagi prefecture of Japan, which is in the southeast Tohoku region of the island of Honshu, and the bank's strategy emphasizes the prefecture's link between Tohoku and Tokyo. The bank is a group that engages in leasing, credit card, and other financial services in addition to the banking business. Most of the bank's earning assets are almost entirely from loans and bills discounted and investment securities. As such, a majority of the bank's income comes from interest on loans and discounts, and interest and dividends on trading accounts and investment securities.

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