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NIC Asia Bank (XNEP:NICA) Shiller PE Ratio : 0.33 (As of Dec. 14, 2024)


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What is NIC Asia Bank Shiller PE Ratio?

As of today (2024-12-14), NIC Asia Bank's current share price is NPR403.00. NIC Asia Bank's E10 for the quarter that ended in Apr. 2024 was NPR1,237.87. NIC Asia Bank's Shiller PE Ratio for today is 0.33.

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

XNEP:NICA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.42   Max: 0.55
Current: 0.33

During the past years, NIC Asia Bank's highest Shiller PE Ratio was 0.55. The lowest was 0.28. And the median was 0.42.

XNEP:NICA's Shiller PE Ratio is ranked better than
99.21% of 1136 companies
in the Banks industry
Industry Median: 11.52 vs XNEP:NICA: 0.33

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.

NIC Asia Bank's adjusted earnings per share data for the three months ended in Apr. 2024 was NPR0.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NPR1,237.87 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NIC Asia Bank Shiller PE Ratio Historical Data

The historical data trend for NIC Asia 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.

NIC Asia Bank Shiller PE Ratio Chart

NIC Asia Bank Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.47 0.52

NIC Asia Bank Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.47 0.52 0.44 0.39 0.29

Competitive Comparison of NIC Asia Bank's Shiller PE Ratio

For the Banks - Regional subindustry, NIC Asia 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.


NIC Asia Bank's Shiller PE Ratio Distribution in the Banks Industry

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

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



NIC Asia 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.

NIC Asia Bank's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=403.00/1237.87
=0.33

* 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.

NIC Asia Bank's E10 for the quarter that ended in Apr. 2024 is calculated as:

For example, NIC Asia Bank's adjusted earnings per share data for the three months ended in Apr. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=0.26/132.2892*132.2892
=0.260

Current CPI (Apr. 2024) = 132.2892.

NIC Asia Bank Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201407 9,208.490 100.520 12,118.796
201410 6.770 100.176 8.940
201501 9.660 98.604 12.960
201504 2.373 99.824 3.145
201507 1.017 100.691 1.336
201510 1.517 100.346 2.000
201601 12.203 99.957 16.150
201604 0.964 100.947 1.263
201607 2.392 101.524 3.117
201610 9.658 101.988 12.527
201701 11.126 102.456 14.366
201704 1.217 103.167 1.561
201707 1.535 103.278 1.966
201710 7.451 104.070 9.471
201801 1.972 104.578 2.495
201804 2.418 105.708 3.026
201807 2.763 106.324 3.438
201810 5.233 106.695 6.488
201901 5.625 106.200 7.007
201904 5.242 107.818 6.432
201907 5.240 108.250 6.404
201910 7.218 108.577 8.794
202001 7.183 108.841 8.730
202004 3.411 108.173 4.171
202007 4.055 109.318 4.907
202010 7.235 109.861 8.712
202101 7.515 110.364 9.008
202104 7.214 112.673 8.470
202107 2.231 115.183 2.562
202110 8.735 116.696 9.902
202201 9.122 118.619 10.173
202204 8.777 121.978 9.519
202207 3.902 125.002 4.129
202210 12.224 125.734 12.861
202301 10.706 126.223 11.221
202304 5.430 127.992 5.612
202307 3.296 128.974 3.381
202310 7.160 129.810 7.297
202401 6.028 130.124 6.128
202404 0.260 132.289 0.260

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.


NIC Asia Bank  (XNEP:NICA) 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.


NIC Asia Bank Shiller PE Ratio Related Terms

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NIC Asia Bank Business Description

Traded in Other Exchanges
N/A
Address
Ward No.11, Trade Tower, Thapathali, P.O. Box: 11021, Kathmandu, NPL
NIC Asia Bank Ltd is engaged in commercial banking services in Nepal. It is organized for management and reporting purposes into segments such as Retail Banking, Corporate Banking, SME Banking, Deprived Sector Banking (DSL), Treasury, Transaction Banking (TB) and Other Banking. It generates a vast majority of the revenues from the Retail banking segment.

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