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Credicorp (Credicorp) Shiller PE Ratio : 12.03 (As of Apr. 25, 2024)


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What is Credicorp Shiller PE Ratio?

As of today (2024-04-25), Credicorp's current share price is $168.33. Credicorp's E10 for the quarter that ended in Sep. 2023 was $13.99. Credicorp's Shiller PE Ratio for today is 12.03.

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

BAP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.63   Med: 21.65   Max: 35.1
Current: 12.03

During the past years, Credicorp's highest Shiller PE Ratio was 35.10. The lowest was 8.63. And the median was 21.65.

BAP's Shiller PE Ratio is ranked worse than
63.19% of 1122 companies
in the Banks industry
Industry Median: 10.395 vs BAP: 12.03

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.

Credicorp's adjusted earnings per share data for the three months ended in Sep. 2023 was $4.172. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $13.99 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Credicorp Shiller PE Ratio Historical Data

The historical data trend for Credicorp'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.

Credicorp Shiller PE Ratio Chart

Credicorp 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 20.68 16.57 10.88 10.74 -

Credicorp 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 10.74 10.09 10.80 9.15 -

Competitive Comparison of Credicorp's Shiller PE Ratio

For the Banks - Regional subindustry, Credicorp'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.


Credicorp's Shiller PE Ratio Distribution in the Banks Industry

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

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



Credicorp 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.

Credicorp's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=168.33/13.99
=12.03

* 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.

Credicorp's E10 for the quarter that ended in Sep. 2023 is calculated as:

For example, Credicorp's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=4.172/129.8595*129.8595
=4.172

Current CPI (Sep. 2023) = 129.8595.

Credicorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 1.420 98.326 1.875
201403 2.224 99.695 2.897
201406 1.964 100.560 2.536
201409 2.168 100.428 2.803
201412 1.664 99.070 2.181
201503 2.704 99.621 3.525
201506 2.516 100.684 3.245
201509 2.712 100.392 3.508
201512 2.458 99.792 3.199
201603 2.675 100.470 3.457
201606 2.937 101.688 3.751
201609 3.192 101.861 4.069
201612 3.007 101.863 3.833
201703 2.988 102.862 3.772
201706 3.093 103.349 3.886
201709 4.092 104.136 5.103
201712 3.575 104.011 4.463
201803 3.487 105.290 4.301
201806 3.286 106.317 4.014
201809 3.398 106.507 4.143
201812 3.226 105.998 3.952
201903 3.709 107.251 4.491
201906 3.691 108.070 4.435
201909 3.673 108.329 4.403
201912 3.269 108.420 3.915
202003 0.703 108.902 0.838
202006 -2.094 108.767 -2.500
202009 0.353 109.815 0.417
202012 2.204 109.897 2.604
202103 3.819 111.754 4.438
202106 2.357 114.631 2.670
202109 3.922 115.734 4.401
202112 3.564 117.630 3.935
202203 3.949 121.301 4.228
202206 3.851 125.017 4.000
202209 4.458 125.227 4.623
202212 3.613 125.222 3.747
202303 4.667 127.348 4.759
202306 4.722 128.729 4.763
202309 4.172 129.860 4.172

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.


Credicorp  (NYSE:BAP) 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.


Credicorp Shiller PE Ratio Related Terms

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


Credicorp (Credicorp) Business Description

Traded in Other Exchanges
Address
Calle Centenario 156, La Molina, Lima, PER, 12
Credicorp Ltd is a financial services company in Peru. The company is involved mainly in commercial banking, providing trade finance, corporate finance, and leasing services. It also offers insurance for commercial property, transportation, automobile, life, health, and investment banking services: brokerage services, asset management, trust, custody and securitization services, trading and investment, and pension fund business. The company operates the following subsidiaries: Banco de Credito del Peru, Atlantic Security Bank, Prima AFP, El Pacifico-Peruano Suiza Compania de Seguros y Reaseguros, Credicorp Capital, and BCP Bolivia.

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