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Mashreqbank PSC (DFM:MASQ) Shiller PE Ratio : 13.07 (As of Jun. 09, 2024)


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What is Mashreqbank PSC Shiller PE Ratio?

As of today (2024-06-09), Mashreqbank PSC's current share price is د.إ196.00. Mashreqbank PSC's E10 for the quarter that ended in Mar. 2024 was د.إ15.00. Mashreqbank PSC's Shiller PE Ratio for today is 13.07.

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

DFM:MASQ' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.81   Med: 10.34   Max: 14.87
Current: 13.06

During the past years, Mashreqbank PSC's highest Shiller PE Ratio was 14.87. The lowest was 6.81. And the median was 10.34.

DFM:MASQ's Shiller PE Ratio is ranked worse than
71.6% of 1141 companies
in the Banks industry
Industry Median: 10 vs DFM:MASQ: 13.06

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.

Mashreqbank PSC's adjusted earnings per share data for the three months ended in Mar. 2024 was د.إ10.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is د.إ15.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mashreqbank PSC Shiller PE Ratio Historical Data

The historical data trend for Mashreqbank PSC'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.

Mashreqbank PSC Shiller PE Ratio Chart

Mashreqbank PSC 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 - - 8.80 9.15 10.76

Mashreqbank PSC 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 10.56 11.50 11.53 10.76 11.20

Competitive Comparison of Mashreqbank PSC's Shiller PE Ratio

For the Banks - Regional subindustry, Mashreqbank PSC'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.


Mashreqbank PSC's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Mashreqbank PSC's Shiller PE Ratio falls into.



Mashreqbank PSC 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.

Mashreqbank PSC's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=196.00/15
=13.07

* 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.

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

For example, Mashreqbank PSC'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)
=10.01/131.7762*131.7762
=10.010

Current CPI (Mar. 2024) = 131.7762.

Mashreqbank PSC Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 2.912 100.560 3.816
201409 2.973 100.428 3.901
201412 3.212 99.070 4.272
201503 3.248 99.621 4.296
201506 3.204 100.684 4.193
201509 2.752 100.392 3.612
201512 2.770 99.792 3.658
201603 2.655 100.470 3.482
201606 2.681 101.688 3.474
201609 2.071 101.861 2.679
201612 2.194 101.863 2.838
201703 2.726 102.862 3.492
201706 2.779 103.349 3.543
201709 2.796 104.136 3.538
201712 1.929 104.011 2.444
201803 2.982 105.290 3.732
201806 2.805 106.317 3.477
201809 2.929 106.507 3.624
201812 1.549 105.998 1.926
201903 3.133 107.251 3.849
201906 2.956 108.070 3.604
201909 2.673 108.329 3.252
201912 1.531 108.420 1.861
202003 2.245 108.902 2.717
202006 0.416 108.767 0.504
202009 -0.912 109.815 -1.094
202012 -8.124 109.897 -9.741
202103 0.240 111.754 0.283
202106 0.210 114.631 0.241
202109 0.890 115.734 1.013
202112 3.680 117.630 4.123
202203 3.050 121.301 3.313
202206 3.970 125.017 4.185
202209 5.930 125.227 6.240
202212 5.639 125.222 5.934
202303 8.030 127.348 8.309
202306 9.500 128.729 9.725
202309 11.230 129.860 11.396
202312 14.063 129.419 14.319
202403 10.010 131.776 10.010

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.


Mashreqbank PSC  (DFM:MASQ) 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.


Mashreqbank PSC Shiller PE Ratio Related Terms

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


Mashreqbank PSC (DFM:MASQ) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 1250, Dubai, ARE
Mashreqbank PSC is a banking corporation in the United Emirates, that provides banking and financial services to customers and businesses. The banking firm serves in domestic markets as well as abroad mainly with its commercial and retail banking services such as trade finance, project finance, savings and current accounts, fixed deposits and Mashreq millionaire deposits. The business segments are Wholesale; Retail; Treasury and capital markets; Insurance and other. It generates maximum revenue from the Wholesale segment.

Mashreqbank PSC (DFM:MASQ) Headlines

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