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Northern Trust (BSP:N1TR34) Shiller PE Ratio : 13.37 (As of Apr. 29, 2024)


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What is Northern Trust Shiller PE Ratio?

As of today (2024-04-29), Northern Trust's current share price is R$212.52. Northern Trust's E10 for the quarter that ended in Mar. 2024 was R$15.89. Northern Trust's Shiller PE Ratio for today is 13.37.

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

BSP:N1TR34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.96   Med: 20.85   Max: 30.25
Current: 13.21

During the past years, Northern Trust's highest Shiller PE Ratio was 30.25. The lowest was 9.96. And the median was 20.85.

BSP:N1TR34's Shiller PE Ratio is ranked worse than
53.41% of 762 companies
in the Asset Management industry
Industry Median: 12.785 vs BSP:N1TR34: 13.21

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.

Northern Trust's adjusted earnings per share data for the three months ended in Mar. 2024 was R$2.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$15.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Northern Trust Shiller PE Ratio Historical Data

The historical data trend for Northern Trust'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.

Northern Trust Shiller PE Ratio Chart

Northern Trust 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 24.38 20.08 22.19 14.76 13.36

Northern Trust 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 14.30 11.80 10.90 13.36 14.09

Competitive Comparison of Northern Trust's Shiller PE Ratio

For the Asset Management subindustry, Northern Trust'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.


Northern Trust's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Northern Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Northern Trust's Shiller PE Ratio falls into.



Northern Trust 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.

Northern Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=212.52/15.89
=13.37

* 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.

Northern Trust's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Northern Trust's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.39/129.4194*129.4194
=2.390

Current CPI (Mar. 2024) = 129.4194.

Northern Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.839 100.560 1.080
201409 0.982 100.428 1.265
201412 1.295 99.070 1.692
201503 1.476 99.621 1.917
201506 1.711 100.684 2.199
201509 1.874 100.392 2.416
201512 1.921 99.792 2.491
201603 1.904 100.470 2.453
201606 1.883 101.688 2.397
201609 1.757 101.861 2.232
201612 1.861 101.863 2.364
201703 1.704 102.862 2.144
201706 1.845 103.349 2.310
201709 1.879 104.136 2.335
201712 2.488 104.011 3.096
201803 2.590 105.290 3.184
201806 3.168 106.317 3.856
201809 3.246 106.507 3.944
201812 3.495 105.998 4.267
201903 2.842 107.251 3.429
201906 3.374 108.070 4.041
201909 3.481 108.329 4.159
201912 3.489 108.420 4.165
202003 3.787 108.902 4.501
202006 3.788 108.767 4.507
202009 3.564 109.815 4.200
202012 2.881 109.897 3.393
202103 4.790 111.754 5.547
202106 4.325 114.631 4.883
202109 4.751 115.734 5.313
202112 5.400 117.630 5.941
202203 4.404 121.301 4.699
202206 4.694 125.017 4.859
202209 4.719 125.227 4.877
202212 1.862 125.222 1.924
202303 3.932 127.348 3.996
202306 3.786 128.729 3.806
202309 3.679 129.860 3.667
202312 1.274 129.419 1.274
202403 2.390 129.419 2.390

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.


Northern Trust  (BSP:N1TR34) 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.


Northern Trust Shiller PE Ratio Related Terms

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Northern Trust (BSP:N1TR34) Business Description

Traded in Other Exchanges
Address
50 South La Salle Street, Chicago, IL, USA, 60603
Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking to corporations, institutions, affluent families, and individuals. Founded in Chicago in 1889, Northern Trust has offices in 20 states and Washington, D.C. as well as 23 locations in Canada, Europe, the Middle East, and Asia-Pacific. As of Dec. 31, 2022, Northern Trust had assets under custody or administration of $13.6 trillion and assets under management of $1.2 trillion.

Northern Trust (BSP:N1TR34) Headlines

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