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First Republic Bank (First Republic Bank) Shiller PE Ratio : 0.01 (As of Apr. 25, 2024)


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What is First Republic Bank Shiller PE Ratio?

As of today (2024-04-25), First Republic Bank's current share price is $0.04. First Republic Bank's E10 for the quarter that ended in Dec. 2022 was $5.68. First Republic Bank's Shiller PE Ratio for today is 0.01.

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

FRCB's Shiller PE Ratio is not ranked *
in the Banks industry.
Industry Median: 10.395
* Ranked among companies with meaningful Shiller PE Ratio only.

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.

First Republic Bank's adjusted earnings per share data for the three months ended in Dec. 2022 was $1.870. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $5.68 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Republic Bank Shiller PE Ratio Historical Data

The historical data trend for First Republic Bank'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.

First Republic Bank Shiller PE Ratio Chart

First Republic Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.45 31.19 35.44 42.22 21.45

First Republic Bank Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 42.22 31.41 26.43 23.34 21.45

Competitive Comparison of First Republic Bank's Shiller PE Ratio

For the Banks - Regional subindustry, First Republic Bank'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.


First Republic Bank's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where First Republic Bank's Shiller PE Ratio falls into.



First Republic Bank 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.

First Republic Bank's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.04/5.68
=0.01

* 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.

First Republic Bank's E10 for the quarter that ended in Dec. 2022 is calculated as:

For example, First Republic Bank's adjusted earnings per share data for the three months ended in Dec. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=1.87/125.2218*125.2218
=1.870

Current CPI (Dec. 2022) = 125.2218.

First Republic Bank Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201303 0.850 98.209 1.084
201306 0.760 98.518 0.966
201309 0.740 98.790 0.938
201312 0.750 98.326 0.955
201403 0.730 99.695 0.917
201406 0.760 100.560 0.946
201409 0.860 100.428 1.072
201412 0.720 99.070 0.910
201503 0.710 99.621 0.892
201506 0.800 100.684 0.995
201509 0.820 100.392 1.023
201512 0.840 99.792 1.054
201603 0.930 100.470 1.159
201606 0.970 101.688 1.194
201609 1.000 101.861 1.229
201612 1.030 101.863 1.266
201703 1.010 102.862 1.230
201706 1.060 103.349 1.284
201709 1.140 104.136 1.371
201712 1.100 104.011 1.324
201803 1.130 105.290 1.344
201806 1.200 106.317 1.413
201809 1.190 106.507 1.399
201812 1.290 105.998 1.524
201903 1.260 107.251 1.471
201906 1.240 108.070 1.437
201909 1.310 108.329 1.514
201912 1.390 108.420 1.605
202003 1.200 108.902 1.380
202006 1.400 108.767 1.612
202009 1.610 109.815 1.836
202012 1.600 109.897 1.823
202103 1.790 111.754 2.006
202106 1.950 114.631 2.130
202109 1.910 115.734 2.067
202112 2.020 117.630 2.150
202203 2.000 121.301 2.065
202206 2.160 125.017 2.164
202209 2.210 125.227 2.210
202212 1.870 125.222 1.870

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.


First Republic Bank  (OTCPK:FRCB) 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.


First Republic Bank Shiller PE Ratio Related Terms

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


First Republic Bank (First Republic Bank) Business Description

Address
111 Pine Street, 2nd Floor, San Francisco, CA, USA, 94111
First Republic offers private banking and wealth management services to high net worth clients. Services are primarily offered in the San Francisco, New York City, and Los Angeles markets. The bank was founded in 1985.

First Republic Bank (First Republic Bank) Headlines

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