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New York Community Bancorp (FRA:QC1) Shiller PE Ratio : 2.37 (As of Apr. 28, 2024)


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What is New York Community Bancorp Shiller PE Ratio?

As of today (2024-04-28), New York Community Bancorp's current share price is €2.8205. New York Community Bancorp's E10 for the quarter that ended in Dec. 2023 was €1.19. New York Community Bancorp's Shiller PE Ratio for today is 2.37.

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

FRA:QC1' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.2   Med: 12.34   Max: 18.22
Current: 2.3

During the past years, New York Community Bancorp's highest Shiller PE Ratio was 18.22. The lowest was 2.20. And the median was 12.34.

FRA:QC1's Shiller PE Ratio is ranked better than
97.51% of 1125 companies
in the Banks industry
Industry Median: 10.36 vs FRA:QC1: 2.30

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.

New York Community Bancorp's adjusted earnings per share data for the three months ended in Dec. 2023 was €-0.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


New York Community Bancorp Shiller PE Ratio Historical Data

The historical data trend for New York Community 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.

New York Community Bancorp Shiller PE Ratio Chart

New York Community 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 12.14 11.00 12.05 8.13 7.93

New York Community Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 8.13 6.81 8.26 8.30 7.93

Competitive Comparison of New York Community Bancorp's Shiller PE Ratio

For the Banks - Regional subindustry, New York Community 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.


New York Community Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

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



New York Community 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.

New York Community Bancorp's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.8205/1.19
=2.37

* 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.

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

For example, New York Community 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)
=-0.33/129.4194*129.4194
=-0.330

Current CPI (Dec. 2023) = 129.4194.

New York Community Bancorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.188 99.695 0.244
201406 0.199 100.560 0.256
201409 0.210 100.428 0.271
201412 0.243 99.070 0.317
201503 0.249 99.621 0.323
201506 0.249 100.684 0.320
201509 0.232 100.392 0.299
201512 -0.799 99.792 -1.036
201603 0.242 100.470 0.312
201606 0.231 101.688 0.294
201609 0.232 101.861 0.295
201612 0.218 101.863 0.277
201703 0.196 102.862 0.247
201706 0.196 103.349 0.245
201709 0.176 104.136 0.219
201712 0.220 104.011 0.274
201803 0.162 105.290 0.199
201806 0.171 106.317 0.208
201809 0.171 106.507 0.208
201812 0.167 105.998 0.204
201903 0.168 107.251 0.203
201906 0.168 108.070 0.201
201909 0.173 108.329 0.207
201912 0.180 108.420 0.215
202003 0.181 108.902 0.215
202006 0.186 108.767 0.221
202009 0.195 109.815 0.230
202012 0.321 109.897 0.378
202103 0.244 111.754 0.283
202106 0.249 114.631 0.281
202109 0.255 115.734 0.285
202112 0.266 117.630 0.293
202203 0.281 121.301 0.300
202206 0.322 125.017 0.333
202209 0.303 125.227 0.313
202212 0.283 125.222 0.292
202303 2.681 127.348 2.725
202306 0.508 128.729 0.511
202309 0.253 129.860 0.252
202312 -0.330 129.419 -0.330

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.


New York Community Bancorp  (FRA:QC1) 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.


New York Community Bancorp Shiller PE Ratio Related Terms

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New York Community Bancorp (FRA:QC1) Business Description

Traded in Other Exchanges
Address
102 Duffy Avenue, Hicksville, New York, NY, USA, 11801
New York Community Bancorp Inc is the bank holding company. It is a New York State-chartered savings bank that operates through eight local divisions: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank, and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio, and AmTrust Bank in Florida and Arizona. The bank compete for depositors in diverse markets with a comprehensive menu of products and services, and access to multiple service channels, including online banking, mobile banking, and banking by phone. It is also a producer of multi-family loans in New York City.

New York Community Bancorp (FRA:QC1) Headlines

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