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Hvidbjerg Bank A/S (CHIX:HVIDC) Shiller PE Ratio : 8.61 (As of Jun. 03, 2024)


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What is Hvidbjerg Bank A/S Shiller PE Ratio?

As of today (2024-06-03), Hvidbjerg Bank A/S's current share price is kr72.50. Hvidbjerg Bank A/S's E10 for the quarter that ended in Mar. 2024 was kr8.42. Hvidbjerg Bank A/S's Shiller PE Ratio for today is 8.61.

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

CHIX:HVIDc' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.23   Med: 15.9   Max: 261.36
Current: 8.76

During the past years, Hvidbjerg Bank A/S's highest Shiller PE Ratio was 261.36. The lowest was 8.23. And the median was 15.90.

CHIX:HVIDc's Shiller PE Ratio is ranked better than
62.66% of 1141 companies
in the Banks industry
Industry Median: 10.11 vs CHIX:HVIDc: 8.76

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.

Hvidbjerg Bank A/S's adjusted earnings per share data for the three months ended in Mar. 2024 was kr5.476. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr8.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hvidbjerg Bank A/S Shiller PE Ratio Historical Data

The historical data trend for Hvidbjerg Bank A/S'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.

Hvidbjerg Bank A/S Shiller PE Ratio Chart

Hvidbjerg Bank A/S 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 19.78 15.89 15.31 10.31 8.37

Hvidbjerg Bank A/S 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 9.46 8.23 8.39 8.37 8.61

Competitive Comparison of Hvidbjerg Bank A/S's Shiller PE Ratio

For the Banks - Regional subindustry, Hvidbjerg Bank A/S'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.


Hvidbjerg Bank A/S's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Hvidbjerg Bank A/S's Shiller PE Ratio falls into.



Hvidbjerg Bank A/S 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.

Hvidbjerg Bank A/S's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=72.50/8.42
=8.61

* 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.

Hvidbjerg Bank A/S's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Hvidbjerg Bank A/S'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)
=5.476/118.4000*118.4000
=5.476

Current CPI (Mar. 2024) = 118.4000.

Hvidbjerg Bank A/S Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 2.402 99.700 2.853
201409 1.129 99.700 1.341
201412 2.469 99.400 2.941
201503 2.170 100.200 2.564
201506 2.445 100.300 2.886
201509 1.753 100.200 2.071
201512 4.110 99.800 4.876
201603 1.240 100.200 1.465
201606 1.372 100.600 1.615
201609 2.346 100.200 2.772
201612 1.858 100.300 2.193
201703 2.479 101.200 2.900
201706 2.337 101.200 2.734
201709 2.828 101.800 3.289
201712 0.711 101.300 0.831
201803 2.991 101.700 3.482
201806 1.825 102.300 2.112
201809 2.972 102.400 3.436
201812 2.044 102.100 2.370
201903 3.103 102.900 3.570
201906 3.585 102.900 4.125
201909 6.642 102.900 7.642
201912 2.877 102.900 3.310
202003 3.024 103.300 3.466
202006 1.778 103.200 2.040
202009 2.034 103.500 2.327
202012 1.931 103.400 2.211
202103 3.704 104.300 4.205
202106 2.916 105.000 3.288
202109 3.593 105.800 4.021
202112 3.918 106.600 4.352
202203 4.619 109.900 4.976
202206 4.088 113.600 4.261
202209 2.935 116.400 2.985
202212 3.341 115.900 3.413
202303 3.956 117.300 3.993
202306 4.372 116.400 4.447
202309 5.487 117.400 5.534
202312 6.203 116.700 6.293
202403 5.476 118.400 5.476

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.


Hvidbjerg Bank A/S  (CHIX:HVIDc) 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.


Hvidbjerg Bank A/S Shiller PE Ratio Related Terms

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Hvidbjerg Bank A/S (CHIX:HVIDC) Business Description

Traded in Other Exchanges
Address
Ostergade 2, Thyholm, DNK, 7790
Hvidbjerg Bank A/S is Denmark based bank which provides various banking products and services.It offers financial services to private individuals and local businesses The bank offers pension products, mortgages and personal loans, investment services, and Internet banking. It operates in central and western Jutland Limfjord area and it has four departments in Hvidbjerg / Hurup, Struer, Viborg and Holstebro.

Hvidbjerg Bank A/S (CHIX:HVIDC) Headlines

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