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Equity Bancshares (Equity Bancshares) Shiller PE Ratio : 24.06 (As of May. 20, 2024)


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What is Equity Bancshares Shiller PE Ratio?

As of today (2024-05-20), Equity Bancshares's current share price is $34.885. Equity Bancshares's E10 for the quarter that ended in Mar. 2024 was $1.45. Equity Bancshares's Shiller PE Ratio for today is 24.06.

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

EQBK' s Shiller PE Ratio Range Over the Past 10 Years
Min: 22.24   Med: 23.59   Max: 25.09
Current: 24.06

During the past years, Equity Bancshares's highest Shiller PE Ratio was 25.09. The lowest was 22.24. And the median was 23.59.

EQBK's Shiller PE Ratio is ranked worse than
91.93% of 1140 companies
in the Banks industry
Industry Median: 10.405 vs EQBK: 24.06

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.

Equity Bancshares's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.900. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Equity Bancshares Shiller PE Ratio Historical Data

The historical data trend for Equity Bancshares'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.

Equity Bancshares Shiller PE Ratio Chart

Equity Bancshares 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 - - - - 24.75

Equity Bancshares 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 - - - 24.75 23.68

Competitive Comparison of Equity Bancshares's Shiller PE Ratio

For the Banks - Regional subindustry, Equity Bancshares'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.


Equity Bancshares's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Equity Bancshares's Shiller PE Ratio falls into.



Equity Bancshares 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.

Equity Bancshares's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=34.885/1.45
=24.06

* 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.

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

For example, Equity Bancshares'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)
=0.9/131.7762*131.7762
=0.900

Current CPI (Mar. 2024) = 131.7762.

Equity Bancshares Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.000 100.560 0.000
201409 0.340 100.428 0.446
201412 0.253 99.070 0.337
201503 0.350 99.621 0.463
201506 0.368 100.684 0.482
201509 0.393 100.392 0.516
201512 0.340 99.792 0.449
201603 0.410 100.470 0.538
201606 0.340 101.688 0.441
201609 0.320 101.861 0.414
201612 0.040 101.863 0.052
201703 0.400 102.862 0.512
201706 0.510 103.349 0.650
201709 0.410 104.136 0.519
201712 0.310 104.011 0.393
201803 0.580 105.290 0.726
201806 0.440 106.317 0.545
201809 0.640 106.507 0.792
201812 0.620 105.998 0.771
201903 -0.260 107.251 -0.319
201906 0.580 108.070 0.707
201909 0.660 108.329 0.803
201912 0.640 108.420 0.778
202003 0.080 108.902 0.097
202006 0.110 108.767 0.133
202009 -6.010 109.815 -7.212
202012 0.840 109.897 1.007
202103 1.020 111.754 1.203
202106 1.030 114.631 1.184
202109 0.800 115.734 0.911
202112 0.610 117.630 0.683
202203 0.930 121.301 1.010
202206 0.940 125.017 0.991
202209 0.930 125.227 0.979
202212 0.720 125.222 0.758
202303 0.770 127.348 0.797
202306 0.740 128.729 0.758
202309 0.800 129.860 0.812
202312 -1.840 129.419 -1.874
202403 0.900 131.776 0.900

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.


Equity Bancshares  (NYSE:EQBK) 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.


Equity Bancshares Shiller PE Ratio Related Terms

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


Equity Bancshares (Equity Bancshares) Business Description

Traded in Other Exchanges
Address
7701 East Kellogg Drive, Suite 300, Wichita, KS, USA, 67207
Equity Bancshares Inc is a bank holding company. The company's operations involve the delivery of loan and deposit products to customers. The majority of the Company's revenues come from interest income on financial instruments, including loans, leases, securities and derivatives. The company also earns revenue from Non-interest income which includes Service charges and fees, Debit card income, Investment Referral Income, Trust Income and Insurance Sales Commissions.
Executives
James S Loving director C/O CHS INC., 5500 CENEX DRIVE, INVER GROVE HEIGHTS MN 55077
Krzysztof Slupkowski officer: Chief Credit Officer 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
Chris M Navratil officer: Chief Financial Officer 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
David Pass officer: Chief Information Officer 821 17TH STREET, DENVER CO 80202
Ann Knutson officer: Chief Human Resources Officer 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
Richard M Sems officer: President 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
Gary C Allerheiligen director 7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207
Gregory L Gaeddert director 7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207
Eric R Newell officer: Chief Financial Officer 7701 E. KELLOGG, SUITE 300, WICHITA KS 67207
Julie A Huber officer: EVP and Chief Credit Officer 7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207
Brett A Reber officer: General Counsel 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
Craig L Anderson officer: Chief Operating Officer 1670 BROADWAY, DENVER CO 80202
Edwin G Lawson officer: Chief Information Officer 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
Gregory H Kossover director, officer: EVP and CFO 7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207
Brad S Elliott director, officer: Chief Executive Officer 7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207