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Itausa Investimentos ITAU (BSP:ITSA3) Shiller PE Ratio : 7.80 (As of May. 02, 2024)


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What is Itausa Investimentos ITAU Shiller PE Ratio?

As of today (2024-05-02), Itausa Investimentos ITAU's current share price is R$9.60. Itausa Investimentos ITAU's E10 for the quarter that ended in Dec. 2023 was R$1.23. Itausa Investimentos ITAU's Shiller PE Ratio for today is 7.80.

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

BSP:ITSA3' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.23   Med: 9.45   Max: 16.7
Current: 7.86

During the past years, Itausa Investimentos ITAU's highest Shiller PE Ratio was 16.70. The lowest was 3.23. And the median was 9.45.

BSP:ITSA3's Shiller PE Ratio is ranked better than
80.59% of 340 companies
in the Conglomerates industry
Industry Median: 16.085 vs BSP:ITSA3: 7.86

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.

Itausa Investimentos ITAU's adjusted earnings per share data for the three months ended in Dec. 2023 was R$0.289. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$1.23 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Itausa Investimentos ITAU Shiller PE Ratio Historical Data

The historical data trend for Itausa Investimentos ITAU'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.

Itausa Investimentos ITAU Shiller PE Ratio Chart

Itausa Investimentos ITAU 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 13.74 11.67 7.80 7.32 8.41

Itausa Investimentos ITAU Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 7.63 7.32 6.66 7.13 8.41

Competitive Comparison of Itausa Investimentos ITAU's Shiller PE Ratio

For the Conglomerates subindustry, Itausa Investimentos ITAU'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.


Itausa Investimentos ITAU's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Itausa Investimentos ITAU's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Itausa Investimentos ITAU's Shiller PE Ratio falls into.



Itausa Investimentos ITAU 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.

Itausa Investimentos ITAU's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9.60/1.23
=7.80

* 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.

Itausa Investimentos ITAU's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Itausa Investimentos ITAU'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)
=0.289/156.2729*156.2729
=0.289

Current CPI (Dec. 2023) = 156.2729.

Itausa Investimentos ITAU Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 0.181 88.522 0.320
201403 0.170 90.447 0.294
201406 0.173 91.838 0.294
201409 0.213 92.602 0.359
201412 0.227 94.194 0.377
201503 0.193 97.799 0.308
201506 0.183 100.006 0.286
201509 0.330 101.392 0.509
201512 0.173 104.247 0.259
201603 0.192 106.979 0.280
201606 0.221 108.851 0.317
201609 0.214 109.986 0.304
201612 0.189 110.802 0.267
201703 0.194 111.869 0.271
201706 0.222 112.115 0.309
201709 0.230 112.777 0.319
201712 0.163 114.068 0.223
201803 0.263 114.868 0.358
201806 0.205 117.038 0.274
201809 0.237 117.881 0.314
201812 0.250 118.340 0.330
201903 0.246 120.124 0.320
201906 0.238 120.977 0.307
201909 0.189 121.292 0.244
201912 0.333 123.436 0.422
202003 0.099 124.092 0.125
202006 0.058 123.557 0.073
202009 0.174 125.095 0.217
202012 0.357 129.012 0.432
202103 0.215 131.660 0.255
202106 0.343 133.871 0.400
202109 0.242 137.913 0.274
202112 0.254 141.992 0.280
202203 0.363 146.537 0.387
202206 0.301 149.784 0.314
202209 0.349 147.800 0.369
202212 0.325 150.207 0.338
202303 0.273 153.352 0.278
202309 0.402 155.464 0.404
202312 0.289 156.273 0.289

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.


Itausa Investimentos ITAU  (BSP:ITSA3) 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.


Itausa Investimentos ITAU Shiller PE Ratio Related Terms

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Itausa Investimentos ITAU (BSP:ITSA3) Business Description

Traded in Other Exchanges
Address
Avenue Paulista, 1938, 5th Floor, Bela Vista, Jabaquara, Sao Paulo, SP, BRA, 01310-200
Itausa Investimentos ITAU SA is a Brazilian conglomerate with activities mainly in investment banking. In addition to financial services, the company controls companies in wood panelling, ceramic, metal sanitary, chemicals, and electronics. The company reports its results as financial segment results and industrial segment results. The financial services segment, which generates more than 99% of revenue, is composed of loans, asset management, custody and bookkeeping services, investment banking, electronic payments, and insurance.

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