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UBOH (United Bancshares) Shiller PE Ratio : 7.17 (As of Dec. 12, 2024)


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What is United Bancshares Shiller PE Ratio?

As of today (2024-12-12), United Bancshares's current share price is $23.00. United Bancshares's E10 for the quarter that ended in Sep. 2024 was $3.21. United Bancshares's Shiller PE Ratio for today is 7.17.

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

UBOH' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.68   Med: 12.71   Max: 17.61
Current: 7.17

During the past years, United Bancshares's highest Shiller PE Ratio was 17.61. The lowest was 5.68. And the median was 12.71.

UBOH's Shiller PE Ratio is ranked better than
80.74% of 1137 companies
in the Banks industry
Industry Median: 11.59 vs UBOH: 7.17

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.

United Bancshares's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.830. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.21 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Bancshares Shiller PE Ratio Historical Data

The historical data trend for United Bancshares'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.

United Bancshares Shiller PE Ratio Chart

United Bancshares 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 13.34 12.44 12.22 6.58 6.33

United Bancshares Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5.92 6.33 6.05 5.96 6.18

Competitive Comparison of United Bancshares's Shiller PE Ratio

For the Banks - Regional subindustry, United Bancshares'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.


United Bancshares's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where United Bancshares's Shiller PE Ratio falls into.



United Bancshares 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.

United Bancshares's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=23.00/3.21
=7.17

* 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.

United Bancshares's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, United Bancshares's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.83/133.0289*133.0289
=0.830

Current CPI (Sep. 2024) = 133.0289.

United Bancshares Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.320 99.070 0.430
201503 0.330 99.621 0.441
201506 0.570 100.684 0.753
201509 0.450 100.392 0.596
201512 0.420 99.792 0.560
201603 0.396 100.470 0.524
201606 0.400 101.688 0.523
201609 0.419 101.861 0.547
201612 0.460 101.863 0.601
201703 0.430 102.862 0.556
201706 0.360 103.349 0.463
201709 0.120 104.136 0.153
201712 0.270 104.011 0.345
201803 0.550 105.290 0.695
201806 0.670 106.317 0.838
201809 0.550 106.507 0.687
201812 0.740 105.998 0.929
201903 0.550 107.251 0.682
201906 0.698 108.070 0.859
201909 0.740 108.329 0.909
201912 1.260 108.420 1.546
202003 0.330 108.902 0.403
202006 1.730 108.767 2.116
202009 1.600 109.815 1.938
202012 0.490 109.897 0.593
202103 1.240 111.754 1.476
202106 0.800 114.631 0.928
202109 1.230 115.734 1.414
202112 0.790 117.630 0.893
202203 0.770 121.301 0.844
202206 0.660 125.017 0.702
202209 0.940 125.227 0.999
202212 1.100 125.222 1.169
202303 0.600 127.348 0.627
202306 0.780 128.729 0.806
202309 0.650 129.860 0.666
202312 0.770 129.419 0.791
202403 0.610 131.776 0.616
202406 0.610 132.554 0.612
202409 0.830 133.029 0.830

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.


United Bancshares  (OTCPK:UBOH) 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.


United Bancshares Shiller PE Ratio Related Terms

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


United Bancshares Business Description

Traded in Other Exchanges
N/A
Address
105 Progressive Drive, Columbus Grove, OH, USA, 45830
United Bancshares Inc is a bank holding company. The company provides commercial and retail banking services. It offers a range of commercial banking services, including checking accounts, savings and money market accounts, online banking, wealth management services and treasury management services. The company also provides commercial, consumer, agricultural, residential mortgage and home equity loans; certificates of deposit, safe deposit box rentals, and other personalized banking services.
Executives
H Edward Rigel director, other: Director of Subsidiary 9725 ROAD B, LEIPSIC OH 45856
Brian D Young officer: CFO 100 S. HIGH STREET, COLUMBUS GROVE OH 45830
Norman V Schnipke officer: Sr Compliance Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Heather Marie Oatman officer: Secretary 100 SOUTH HIGH STREET, COLUMBUS GROVE OH 45830
Stacey L Clemens officer: Chief Risk Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Brent D Nussbaum officer: Chief Information Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Teresa M Deitering officer: Chief Credit Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Klint D Manz officer: Chief Lending Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Travis E Vulich officer: SVP of Mortgage Division 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
John Patrick Miller officer: Chief Lending Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Curtis E Shepherd officer: EVP of Retail Banking
Stacy A Cox officer: CFO 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
David P Roach director 1211 HEDRICK, DELPHOS OH 45833
Daniel J Lucke officer: Interim CFO 100 S. HIGH STREET, COLUMBUS GROVE OH 45830
Herbert H Huffman director 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830