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Arab Bank (AMM:ARBK) Shiller PE Ratio : 5.91 (As of May. 23, 2024)


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What is Arab Bank Shiller PE Ratio?

As of today (2024-05-23), Arab Bank's current share price is JOD4.37. Arab Bank's E10 for the quarter that ended in Mar. 2024 was JOD0.74. Arab Bank's Shiller PE Ratio for today is 5.91.

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

AMM:ARBK' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.79   Med: 7.12   Max: 8
Current: 5.8

During the past years, Arab Bank's highest Shiller PE Ratio was 8.00. The lowest was 5.79. And the median was 7.12.

AMM:ARBK's Shiller PE Ratio is ranked better than
86.05% of 1140 companies
in the Banks industry
Industry Median: 10.31 vs AMM:ARBK: 5.80

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.

Arab Bank's adjusted earnings per share data for the three months ended in Mar. 2024 was JOD0.269. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is JOD0.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arab Bank Shiller PE Ratio Historical Data

The historical data trend for Arab 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.

Arab Bank Shiller PE Ratio Chart

Arab Bank 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 - 7.26 7.65 7.09 6.25

Arab Bank 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 6.95 6.09 6.15 6.25 5.92

Competitive Comparison of Arab Bank's Shiller PE Ratio

For the Banks - Diversified subindustry, Arab 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.


Arab Bank's Shiller PE Ratio Distribution in the Banks Industry

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

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



Arab 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.

Arab Bank's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.37/0.74
=5.91

* 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.

Arab Bank's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Arab Bank's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.269/131.7762*131.7762
=0.269

Current CPI (Mar. 2024) = 131.7762.

Arab Bank Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.296 100.560 0.388
201409 0.221 100.428 0.290
201412 -0.043 99.070 -0.057
201503 0.241 99.621 0.319
201506 0.225 100.684 0.294
201509 0.209 100.392 0.274
201512 -0.198 99.792 -0.261
201603 0.241 100.470 0.316
201606 0.225 101.688 0.292
201609 0.212 101.861 0.274
201612 -0.099 101.863 -0.128
201703 0.241 102.862 0.309
201706 0.213 103.349 0.272
201709 0.206 104.136 0.261
201712 -0.078 104.011 -0.099
201803 0.241 105.290 0.302
201806 0.241 106.317 0.299
201809 0.227 106.507 0.281
201812 0.198 105.998 0.246
201903 0.255 107.251 0.313
201906 0.248 108.070 0.302
201909 0.241 108.329 0.293
201912 0.191 108.420 0.232
202003 0.163 108.902 0.197
202006 0.007 108.767 0.008
202009 0.071 109.815 0.085
202012 -0.021 109.897 -0.025
202103 0.135 111.754 0.159
202106 0.043 114.631 0.049
202109 0.099 115.734 0.113
202112 0.050 117.630 0.056
202203 0.177 121.301 0.192
202206 0.085 125.017 0.090
202209 0.163 125.227 0.172
202212 0.135 125.222 0.142
202303 0.234 127.348 0.242
202306 0.184 128.729 0.188
202309 0.241 129.860 0.245
202312 0.213 129.419 0.217
202403 0.269 131.776 0.269

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.


Arab Bank  (AMM:ARBK) 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.


Arab Bank Shiller PE Ratio Related Terms

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


Arab Bank (AMM:ARBK) Business Description

Traded in Other Exchanges
N/A
Address
Shaker Ebn Zeid Street, Shmeisani, P.O. Box 950545, Amman, JOR, 11195
Arab Bank provides banking, financial, and insurance services for individuals, corporations, and other financial institutions. Its geographical segments include Jordan, Other Arab Countries, Asia, Europe, America, and the Rest of the World. It covers the key financial markets and centres such as London, Dubai, Singapore, Shanghai, Geneva, Paris, etc. The company services include Consumer Banking, Treasury Services and Corporate & Institutional Banking which generates key revenue for the firm.