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Truist Financial (WBO:TFC) Shiller PE Ratio : 11.07 (As of Apr. 29, 2024)


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What is Truist Financial Shiller PE Ratio?

As of today (2024-04-29), Truist Financial's current share price is €35.76. Truist Financial's E10 for the quarter that ended in Dec. 2023 was €3.23. Truist Financial's Shiller PE Ratio for today is 11.07.

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

WBO:TFC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.74   Med: 15.25   Max: 23.25
Current: 10.81

During the past years, Truist Financial's highest Shiller PE Ratio was 23.25. The lowest was 6.74. And the median was 15.25.

WBO:TFC's Shiller PE Ratio is ranked worse than
54.77% of 1132 companies
in the Banks industry
Industry Median: 10.36 vs WBO:TFC: 10.81

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.

Truist Financial's adjusted earnings per share data for the three months ended in Dec. 2023 was €-3.549. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.23 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Truist Financial Shiller PE Ratio Historical Data

The historical data trend for Truist Financial'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.

Truist Financial Shiller PE Ratio Chart

Truist Financial 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 19.96 15.81 16.84 11.33 10.46

Truist Financial 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 8.68 7.66 7.10 10.46 -

Competitive Comparison of Truist Financial's Shiller PE Ratio

For the Banks - Regional subindustry, Truist Financial'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.


Truist Financial's Shiller PE Ratio Distribution in the Banks Industry

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

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



Truist Financial 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.

Truist Financial's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=35.76/3.23
=11.07

* 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.

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

For example, Truist Financial'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)
=-3.549/129.4194*129.4194
=-3.549

Current CPI (Dec. 2023) = 129.4194.

Truist Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.492 99.695 0.639
201406 0.427 100.560 0.550
201409 0.543 100.428 0.700
201412 0.616 99.070 0.805
201503 0.619 99.621 0.804
201506 0.552 100.684 0.710
201509 0.570 100.392 0.735
201512 0.588 99.792 0.763
201603 0.602 100.470 0.775
201606 0.587 101.688 0.747
201609 0.650 101.861 0.826
201612 0.683 101.863 0.868
201703 0.430 102.862 0.541
201706 0.685 103.349 0.858
201709 0.621 104.136 0.772
201712 0.651 104.011 0.810
201803 0.762 105.290 0.937
201806 0.847 106.317 1.031
201809 0.866 106.507 1.052
201812 0.853 105.998 1.041
201903 0.858 107.251 1.035
201906 0.965 108.070 1.156
201909 0.863 108.329 1.031
201912 0.675 108.420 0.806
202003 0.661 108.902 0.786
202006 0.595 108.767 0.708
202009 0.671 109.815 0.791
202012 0.740 109.897 0.871
202103 0.823 111.754 0.953
202106 0.963 114.631 1.087
202109 1.020 115.734 1.141
202112 1.000 117.630 1.100
202203 0.899 121.301 0.959
202206 1.031 125.017 1.067
202209 1.162 125.227 1.201
202212 1.133 125.222 1.171
202303 0.981 127.348 0.997
202306 0.849 128.729 0.854
202309 0.750 129.860 0.747
202312 -3.549 129.419 -3.549

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.


Truist Financial  (WBO:TFC) 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.


Truist Financial Shiller PE Ratio Related Terms

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


Truist Financial (WBO:TFC) Business Description

Address
214 North Tryon Street, Charlotte, NC, USA, 28202
Based in Charlotte, North Carolina, Truist is the combination of BB&T and SunTrust. Truist is a regional bank with a presence primarily in the Southeastern United States. In addition to commercial banking, retail banking, and investment banking operations, the company operates several nonbank segments, the primary one being its insurance brokerage business.