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PNC Financial Services Group (BSP:PNCS34) Shiller PE Ratio : 12.16 (As of May. 19, 2024)


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What is PNC Financial Services Group Shiller PE Ratio?

As of today (2024-05-19), PNC Financial Services Group's current share price is R$312.63. PNC Financial Services Group's E10 for the quarter that ended in Mar. 2024 was R$25.71. PNC Financial Services Group's Shiller PE Ratio for today is 12.16.

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

BSP:PNCS34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.5   Med: 15.07   Max: 24.25
Current: 12.07

During the past years, PNC Financial Services Group's highest Shiller PE Ratio was 24.25. The lowest was 8.50. And the median was 15.07.

BSP:PNCS34's Shiller PE Ratio is ranked worse than
64.91% of 1137 companies
in the Banks industry
Industry Median: 10.39 vs BSP:PNCS34: 12.07

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.

PNC Financial Services Group's adjusted earnings per share data for the three months ended in Mar. 2024 was R$7.719. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$25.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PNC Financial Services Group Shiller PE Ratio Historical Data

The historical data trend for PNC Financial Services Group'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.

PNC Financial Services Group Shiller PE Ratio Chart

PNC Financial Services Group 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 18.97 15.58 18.50 12.89 11.93

PNC Financial Services Group 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 10.06 9.80 9.38 11.93 12.16

Competitive Comparison of PNC Financial Services Group's Shiller PE Ratio

For the Banks - Regional subindustry, PNC Financial Services Group'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.


PNC Financial Services Group's Shiller PE Ratio Distribution in the Banks Industry

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

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



PNC Financial Services Group 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.

PNC Financial Services Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=312.63/25.71
=12.16

* 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.

PNC Financial Services Group's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, PNC Financial Services Group'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)
=7.719/131.7762*131.7762
=7.719

Current CPI (Mar. 2024) = 131.7762.

PNC Financial Services Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 2.068 100.560 2.710
201409 2.092 100.428 2.745
201412 2.431 99.070 3.234
201503 2.749 99.621 3.636
201506 2.925 100.684 3.828
201509 3.708 100.392 4.867
201512 3.629 99.792 4.792
201603 3.106 100.470 4.074
201606 3.115 101.688 4.037
201609 2.993 101.861 3.872
201612 3.304 101.863 4.274
201703 3.065 102.862 3.927
201706 3.460 103.349 4.412
201709 3.383 104.136 4.281
201712 6.887 104.011 8.725
201803 3.984 105.290 4.986
201806 5.129 106.317 6.357
201809 5.793 106.507 7.167
201812 5.340 105.998 6.639
201903 5.012 107.251 6.158
201906 5.552 108.070 6.770
201909 6.056 108.329 7.367
201912 6.095 108.420 7.408
202003 4.764 108.902 5.765
202006 21.791 108.767 26.401
202009 9.153 109.815 10.983
202012 8.386 109.897 10.056
202103 11.552 111.754 13.622
202106 6.110 114.631 7.024
202109 8.710 115.734 9.917
202112 8.087 117.630 9.060
202203 8.037 121.301 8.731
202206 8.556 125.017 9.019
202209 9.910 125.227 10.428
202212 9.101 125.222 9.577
202303 10.365 127.348 10.725
202306 8.154 128.729 8.347
202309 8.890 129.860 9.021
202312 4.532 129.419 4.615
202403 7.719 131.776 7.719

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.


PNC Financial Services Group  (BSP:PNCS34) 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.


PNC Financial Services Group Shiller PE Ratio Related Terms

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


PNC Financial Services Group (BSP:PNCS34) Business Description

Traded in Other Exchanges
Address
300 Fifth Avenue, The Tower at PNC Plaza, Pittsburgh, PA, USA, 15222-2401
PNC Financial Services Group is a diversified financial services company offering retail banking, corporate and institutional banking, asset management, and residential mortgage banking across the United States.

PNC Financial Services Group (BSP:PNCS34) Headlines

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