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Customers Bancorp (Customers Bancorp) Shiller PE Ratio : 10.72 (As of May. 02, 2024)


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What is Customers Bancorp Shiller PE Ratio?

As of today (2024-05-02), Customers Bancorp's current share price is $46.09. Customers Bancorp's E10 for the quarter that ended in Dec. 2023 was $4.30. Customers Bancorp's Shiller PE Ratio for today is 10.72.

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

CUBI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.56   Med: 11.23   Max: 25.07
Current: 10.72

During the past years, Customers Bancorp's highest Shiller PE Ratio was 25.07. The lowest was 4.56. And the median was 11.23.

CUBI's Shiller PE Ratio is ranked worse than
54.14% of 1134 companies
in the Banks industry
Industry Median: 10.285 vs CUBI: 10.72

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.

Customers Bancorp's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.790. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.30 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Customers Bancorp Shiller PE Ratio Historical Data

The historical data trend for Customers 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.

Customers Bancorp Shiller PE Ratio Chart

Customers Bancorp 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 - 9.15 21.91 7.82 13.39

Customers Bancorp 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 4.89 7.70 8.24 13.39 -

Competitive Comparison of Customers Bancorp's Shiller PE Ratio

For the Banks - Regional subindustry, Customers 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.


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

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

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



Customers 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.

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

Shiller PE Ratio=Share Price/ E10
=46.09/4.3
=10.72

* 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.

Customers Bancorp's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Customers Bancorp'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)
=1.79/129.4194*129.4194
=1.790

Current CPI (Dec. 2023) = 129.4194.

Customers Bancorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.304 99.695 0.395
201406 0.383 100.560 0.493
201409 0.436 100.428 0.562
201412 0.470 99.070 0.614
201503 0.490 99.621 0.637
201506 0.390 100.684 0.501
201509 0.500 100.392 0.645
201512 0.580 99.792 0.752
201603 0.580 100.470 0.747
201606 0.590 101.688 0.751
201609 0.630 101.861 0.800
201612 0.510 101.863 0.648
201703 0.670 102.862 0.843
201706 0.620 103.349 0.776
201709 0.130 104.136 0.162
201712 0.550 104.011 0.684
201803 0.640 105.290 0.787
201806 0.620 106.317 0.755
201809 0.070 106.507 0.085
201812 0.440 105.998 0.537
201903 0.380 107.251 0.459
201906 0.180 108.070 0.216
201909 0.740 108.329 0.884
201912 0.750 108.420 0.895
202003 -0.020 108.902 -0.024
202006 0.610 108.767 0.726
202009 1.480 109.815 1.744
202012 1.650 109.897 1.943
202103 1.010 111.754 1.170
202106 1.720 114.631 1.942
202109 3.250 115.734 3.634
202112 2.870 117.630 3.158
202203 2.180 121.301 2.326
202206 1.680 125.017 1.739
202209 1.850 125.227 1.912
202212 0.770 125.222 0.796
202303 1.550 127.348 1.575
202306 1.390 128.729 1.397
202309 2.580 129.860 2.571
202312 1.790 129.419 1.790

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.


Customers Bancorp  (NYSE:CUBI) 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.


Customers Bancorp Shiller PE Ratio Related Terms

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


Customers Bancorp (Customers Bancorp) Business Description

Traded in Other Exchanges
Address
701 Reading Avenue, West Reading, PA, USA, 19611
Customers Bancorp Inc is a bank holding company engaged in banking activities. It provides financial products and services to small and middle-market businesses, not-for-profits, and consumers. The company operates in Lending Activities, Commercial Lending, Consumer Lending, Private Banking, Deposit Products, Other Funding Sources, and Financial Products and Services. The majority of revenue is derived from commercial lending.
Executives
Robert Neil Mackay director 701 READING AVENUE, WEST READING PA 19611
Glenn Hedde officer: Pres Mortgage WarehouseLending 1015 PENN AVENUE, SUITE 103, WYOMISSING PA 19610
Jay S Sidhu director, officer: Chairman & CEO 4655 SALISBURY ROAD, SUITE 110, JACKSONVILLE FL 32256
Velasquez Jessie John Deano officer: Chief Accounting Officer 1015 PENN AVENUE, WYOMISSING PA 19610
Philip Watkins officer: CFO Customers Bank 1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Carla A Leibold officer: Principal Accounting Officer C/O 1999 K STREET, N.W., 4TH FLOOR, WASHINGTON DC 20006
Andrew Hertz Bowman officer: EVP and Chief Credit Officer 701 READING AVENUE, WEST READING PA 19611
Samvir S. Sidhu officer: Head of Corporate Development 1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Rajeev V Date director 3465 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Lyle Cunningham officer: Director/Chief Lending Officer 701 READING AVENUE, WEST READING PA 19611
Bernard Bennett Banks director 701 READING AVENUE, WEST READING PA 19611
Steven Issa officer: Exec VP/Chief Lending Officer 16 LILAC STREET, CUMBERLAND RI 02864
T Lawrence Way director 1015 PENN AVENUE, SUITE 103, WYOMISSING PA 19610
Richard A Ehst officer: President & COO 1015 PENN AVENUE, SUITE 103, WYOMISSING PA 19610
James T. Collins officer: Chief Administrative Officer 4520 LONGFELLOW COURT, DOYLESTOWN PA 18902