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UNTY (Unity Bancorp) Shiller PE Ratio : 14.47 (As of Mar. 31, 2025)


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What is Unity Bancorp Shiller PE Ratio?

As of today (2025-03-31), Unity Bancorp's current share price is $41.105. Unity Bancorp's E10 for the quarter that ended in Dec. 2024 was $2.84. Unity Bancorp's Shiller PE Ratio for today is 14.47.

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

UNTY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.51   Med: 18.03   Max: 41.85
Current: 14.47

During the past years, Unity Bancorp's highest Shiller PE Ratio was 41.85. The lowest was 9.51. And the median was 18.03.

UNTY's Shiller PE Ratio is ranked worse than
72.16% of 1160 companies
in the Banks industry
Industry Median: 11.22 vs UNTY: 14.47

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.

Unity Bancorp's adjusted earnings per share data for the three months ended in Dec. 2024 was $1.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.84 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Unity Bancorp Shiller PE Ratio Historical Data

The historical data trend for Unity Bancorp'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.

Unity Bancorp Shiller PE Ratio Chart

Unity Bancorp 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 14.43 16.03 13.23 12.04 15.37

Unity Bancorp 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 12.04 10.72 11.12 12.40 15.37

Competitive Comparison of Unity Bancorp's Shiller PE Ratio

For the Banks - Regional subindustry, Unity Bancorp'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.


Unity Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Unity Bancorp's Shiller PE Ratio falls into.


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Unity Bancorp 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.

Unity Bancorp's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=41.105/2.84
=14.47

* 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.

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

For example, Unity Bancorp'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)
=1.13/133.1571*133.1571
=1.130

Current CPI (Dec. 2024) = 133.1571.

Unity Bancorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 0.209 99.621 0.279
201506 0.255 100.684 0.337
201509 0.270 100.392 0.358
201512 0.282 99.792 0.376
201603 0.440 100.470 0.583
201606 0.300 101.688 0.393
201609 0.320 101.861 0.418
201612 0.320 101.863 0.418
201703 0.300 102.862 0.388
201706 0.320 103.349 0.412
201709 0.350 104.136 0.448
201712 0.230 104.011 0.294
201803 0.480 105.290 0.607
201806 0.490 106.317 0.614
201809 0.500 106.507 0.625
201812 0.530 105.998 0.666
201903 0.520 107.251 0.646
201906 0.530 108.070 0.653
201909 0.540 108.329 0.664
201912 0.550 108.420 0.675
202003 0.490 108.902 0.599
202006 0.470 108.767 0.575
202009 0.540 109.815 0.655
202012 0.690 109.897 0.836
202103 0.800 111.754 0.953
202106 0.800 114.631 0.929
202109 0.900 115.734 1.035
202112 0.920 117.630 1.041
202203 0.850 121.301 0.933
202206 0.880 125.017 0.937
202209 0.930 125.227 0.989
202212 0.930 125.222 0.989
202303 0.960 127.348 1.004
202306 0.950 128.729 0.983
202309 0.970 129.860 0.995
202312 0.960 129.419 0.988
202403 0.930 131.776 0.940
202406 0.930 132.554 0.934
202409 1.070 133.029 1.071
202412 1.130 133.157 1.130

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.


Unity Bancorp  (NAS:UNTY) 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.


Unity Bancorp Shiller PE Ratio Related Terms

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


Unity Bancorp Business Description

Traded in Other Exchanges
Address
64 Old Highway 22, Clinton, NJ, USA, 08809
Unity Bancorp Inc is a bank holding company that serves as a holding company for Unity Bank. It conducts a traditional and community-oriented commercial banking business and offers services, including personal and business checking accounts, time deposits, money market accounts, regular savings accounts, and others. The company structures its specific services and charges in a manner designed to attract the business of small and medium-sized businesses and professional communities, as well as individuals residing, working, and shopping in its service area. The company engages in a wide range of lending activities and offers commercial, Small Business Administration, consumer, mortgage, home equity, and personal loans.
Executives
Vincent Geraci officer: Director of Mortgage Lending C/O, 64 OLD HIGHWAY 22, CLINTON NJ 08809
James Joseph Donovan officer: Chief Lending Officer/SVP C/O, 64 OLD HIGHWAY 22, CLINTON NJ 08809
Mark S Brody director
Mary E. Gross director C/O UNITY BANK, 64 OLD HIGHWAY 22, CLINTON NJ 08809
Peter E Maricondo director 4 DEXTER DRIVE SOUTH, BASKING RIDGE NJ 07920
George Boyan officer: Chief Financial Officer C/O, 64 OLD HIGHWAY 22, CLINTON NJ 08809
James A Hughes director, officer: President/CEO C/O UNITYBANK CORP, 64 OLD HWY 22, CLINTON NJ 08809
Minsu Kim officer: Chief Credit Officer/SVP C/O, 64 OLD HIGHWAY 22, CLINTON NJ 08809
Daniel C Sharabba officer: Senior Retail Officer/SVP C/O, 64 OLD HIGHWAY 22, CLINTON NJ 08809
Souders Donald E. Jr. director C/O UNITY BANK, 64 OLD HIGHWAY 22, CLINTON NJ 08809
James R Davies officer: Controller/FVP C/O, 64 OLD HIGHWAY 22, CLINTON NJ 08809
Dallas Robert H Ii director, 10 percent owner C/O UNITY BANCORP INC, 64 OLD HIGHWAY 22, CLINTON NJ 08809
David D Dallas director, 10 percent owner, other: Chairman of the Board C/O UNITY BANCORP INC, 64 OLD HIGHWAY 22, CLINTON NJ 08809
Wayne Courtright director 9 MICHAEL COURT, MILLSTONE TOWNSHIP NJ 07726
John J Kauchak officer: EVP/COO C/O UNITYBANK CORP, 64 OLD HWY 22, CLINTON NJ 08809