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Arrow Financial (FRA:BQE) Shiller PE Ratio : 10.13 (As of Jun. 05, 2024)


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What is Arrow Financial Shiller PE Ratio?

As of today (2024-06-05), Arrow Financial's current share price is €22.80. Arrow Financial's E10 for the quarter that ended in Mar. 2024 was €2.25. Arrow Financial's Shiller PE Ratio for today is 10.13.

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

FRA:BQE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.99   Med: 15.43   Max: 23.19
Current: 10.02

During the past years, Arrow Financial's highest Shiller PE Ratio was 23.19. The lowest was 6.99. And the median was 15.43.

FRA:BQE's Shiller PE Ratio is ranked worse than
50.44% of 1140 companies
in the Banks industry
Industry Median: 9.97 vs FRA:BQE: 10.02

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.

Arrow Financial's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.414. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arrow Financial Shiller PE Ratio Historical Data

The historical data trend for Arrow Financial'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.

Arrow Financial Shiller PE Ratio Chart

Arrow Financial 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 19.35 14.89 15.83 14.03 11.52

Arrow Financial 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 10.10 8.10 6.99 11.52 10.12

Competitive Comparison of Arrow Financial's Shiller PE Ratio

For the Banks - Regional subindustry, Arrow Financial'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.


Arrow Financial's Shiller PE Ratio Distribution in the Banks Industry

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

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



Arrow Financial 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.

Arrow Financial's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=22.80/2.25
=10.13

* 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.

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

For example, Arrow Financial'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)
=0.414/131.7762*131.7762
=0.414

Current CPI (Mar. 2024) = 131.7762.

Arrow Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.251 100.560 0.329
201409 0.294 100.428 0.386
201412 0.314 99.070 0.418
201503 0.328 99.621 0.434
201506 0.345 100.684 0.452
201509 0.326 100.392 0.428
201512 0.370 99.792 0.489
201603 0.358 100.470 0.470
201606 0.355 101.688 0.460
201609 0.358 101.861 0.463
201612 0.378 101.863 0.489
201703 0.368 102.862 0.471
201706 0.388 103.349 0.495
201709 0.376 104.136 0.476
201712 0.410 104.011 0.519
201803 0.413 105.290 0.517
201806 0.495 106.317 0.614
201809 0.472 106.507 0.584
201812 0.455 105.998 0.566
201903 0.456 107.251 0.560
201906 0.472 108.070 0.576
201909 0.540 108.329 0.657
201912 0.520 108.420 0.632
202003 0.439 108.902 0.531
202006 0.479 108.767 0.580
202009 0.552 109.815 0.662
202012 0.609 109.897 0.730
202103 0.657 111.754 0.775
202106 0.649 114.631 0.746
202109 0.644 115.734 0.733
202112 0.526 117.630 0.589
202203 0.670 121.301 0.728
202206 0.661 125.017 0.697
202209 0.727 125.227 0.765
202212 0.669 125.222 0.704
202303 0.467 127.348 0.483
202306 0.323 128.729 0.331
202309 0.431 129.860 0.437
202312 0.422 129.419 0.430
202403 0.414 131.776 0.414

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.


Arrow Financial  (FRA:BQE) 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.


Arrow Financial Shiller PE Ratio Related Terms

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


Arrow Financial (FRA:BQE) Business Description

Traded in Other Exchanges
Address
250 Glen Street, Glens Falls, NY, USA, 12801
Arrow Financial Corp is a holding company. The company provides various advisory and administrative services and coordinates the general policies and operations of the banks. It provides financial products, including online and mobile banking, mortgages, commercial loans, investments, and others. The company also provides lending services including commercial and industrial lending primarily to small and mid-sized companies; mortgage lending for residential and commercial properties; and consumer installment and home equity financing. The key source of company's revenue is interest income, fees, commission earned through its subsidiaries.

Arrow Financial (FRA:BQE) Headlines

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