GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Overseas Bank Ltd (SGX:U11) » Definitions » Shiller PE Ratio

United Overseas Bank (SGX:U11) Shiller PE Ratio

: 11.38 (As of Today)
View and export this data going back to 1970. Start your Free Trial

As of today (2024-04-19), United Overseas Bank's current share price is S$30.15. United Overseas Bank's E10 for the fiscal year that ended in Dec23 was S$2.65. United Overseas Bank's Shiller PE Ratio for today is 11.38.

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

SGX:U11' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.04   Med: 12.92   Max: 16.49
Current: 11.19

During the past 13 years, United Overseas Bank's highest Shiller PE Ratio was 16.49. The lowest was 9.04. And the median was 12.92.

SGX:U11's Shiller PE Ratio is ranked worse than
58.84% of 1125 companies
in the Banks industry
Industry Median: 10.2 vs SGX:U11: 11.19

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.

United Overseas Bank's adjusted earnings per share data of for the fiscal year that ended in Dec23 was S$3.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is S$2.65 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Overseas Bank Shiller PE Ratio Historical Data

The historical data trend for United Overseas 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.

United Overseas Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.73 10.99 11.81 12.42 10.75

United Overseas Bank Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 11.81 - 12.42 - 10.75

Competitive Comparison

For the Banks - Regional subindustry, United Overseas 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.


United Overseas Bank Shiller PE Ratio Distribution

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

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



United Overseas 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.

United Overseas Bank's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=30.15/2.65
=11.38

* 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.

United Overseas Bank's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, United Overseas Bank's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=3.33/129.4194*129.4194
=3.330

Current CPI (Dec23) = 129.4194.

United Overseas Bank Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 1.970 99.070 2.574
201512 1.930 99.792 2.503
201612 1.850 101.863 2.350
201712 1.980 104.011 2.464
201812 2.330 105.998 2.845
201912 2.540 108.420 3.032
202012 1.680 109.897 1.978
202112 2.380 117.630 2.619
202212 2.680 125.222 2.770
202312 3.330 129.419 3.330

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.


United Overseas Bank  (SGX:U11) 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.


United Overseas Bank Shiller PE Ratio Related Terms

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


United Overseas Bank (SGX:U11) Business Description

Traded in Other Exchanges
Address
80 Raffles Place, UOB Plaza, Singapore, SGP, 048624
United Overseas Bank is a diversified financial institution based in Singapore. Its regional reach spans Greater China and Southeast Asia. Key countries include Malaysia, Thailand, and Indonesia. Singapore, its core market, makes up around 50% of its total assets. The group offers a wide range of services, including consumer, commercial and corporate, and investment banking; corporate finance; treasury services; and wealth management, insurance, and brokerage services.

United Overseas Bank (SGX:U11) Headlines

No Headlines