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SpareBank 1 SMN (FRA:SJI) Shiller PE Ratio : 11.98 (As of May. 12, 2024)


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What is SpareBank 1 SMN Shiller PE Ratio?

As of today (2024-05-12), SpareBank 1 SMN's current share price is €12.582. SpareBank 1 SMN's E10 for the quarter that ended in Mar. 2024 was €1.05. SpareBank 1 SMN's Shiller PE Ratio for today is 11.98.

The historical rank and industry rank for SpareBank 1 SMN's Shiller PE Ratio or its related term are showing as below:

FRA:SJI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.15   Med: 10.97   Max: 15.38
Current: 12.1

During the past years, SpareBank 1 SMN's highest Shiller PE Ratio was 15.38. The lowest was 7.15. And the median was 10.97.

FRA:SJI's Shiller PE Ratio is ranked worse than
63% of 1135 companies
in the Banks industry
Industry Median: 10.37 vs FRA:SJI: 12.10

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.

SpareBank 1 SMN's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.406. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SpareBank 1 SMN Shiller PE Ratio Historical Data

The historical data trend for SpareBank 1 SMN'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.

SpareBank 1 SMN Shiller PE Ratio Chart

SpareBank 1 SMN 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 11.16 10.68 14.78 11.42 11.54

SpareBank 1 SMN 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 10.79 11.82 11.51 11.54 11.09

Competitive Comparison of SpareBank 1 SMN's Shiller PE Ratio

For the Banks - Regional subindustry, SpareBank 1 SMN'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.


SpareBank 1 SMN's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 SMN's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where SpareBank 1 SMN's Shiller PE Ratio falls into.



SpareBank 1 SMN 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.

SpareBank 1 SMN's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=12.582/1.05
=11.98

* 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.

SpareBank 1 SMN's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, SpareBank 1 SMN'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)
=0.406/131.9000*131.9000
=0.406

Current CPI (Mar. 2024) = 131.9000.

SpareBank 1 SMN Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.279 97.500 0.377
201409 0.268 98.500 0.359
201412 0.320 98.600 0.428
201503 0.252 99.200 0.335
201506 0.243 100.100 0.320
201509 0.132 100.600 0.173
201512 0.237 100.900 0.310
201603 0.158 102.500 0.203
201606 0.237 103.800 0.301
201609 0.217 104.200 0.275
201612 -0.112 104.400 -0.142
201703 0.191 105.000 0.240
201706 0.202 105.800 0.252
201709 0.259 105.900 0.323
201712 0.267 106.100 0.332
201803 0.231 107.300 0.284
201806 0.374 108.500 0.455
201809 0.241 109.500 0.290
201812 0.194 109.800 0.233
201903 0.516 110.400 0.616
201906 0.329 110.600 0.392
201909 0.232 111.100 0.275
201912 0.160 111.300 0.190
202003 0.111 111.200 0.132
202006 0.305 112.100 0.359
202009 0.218 112.900 0.255
202012 0.188 112.900 0.220
202103 0.335 114.600 0.386
202106 0.346 115.300 0.396
202109 0.316 117.500 0.355
202112 0.315 118.900 0.349
202203 0.329 119.800 0.362
202206 0.311 122.600 0.335
202209 0.283 125.600 0.297
202212 0.337 125.900 0.353
202303 0.311 127.600 0.321
202306 0.360 130.400 0.364
202309 0.287 129.800 0.292
202312 0.489 131.900 0.489
202403 0.406 131.900 0.406

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.


SpareBank 1 SMN  (FRA:SJI) 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.


SpareBank 1 SMN Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of SpareBank 1 SMN's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


SpareBank 1 SMN (FRA:SJI) Business Description

Traded in Other Exchanges
Address
Sondre gate 4, Trondheim, NOR, 7011
SpareBank 1 SMN is a regional bank offering retail and corporate banking services and principally operating in Norway. The bank is among the owners of the SpareBank 1 Alliance. A key element of the bank's is to maintain a variety of office solutions in municipal and administrative centers where the bank's customers are drawn. The bank is also making a push into digital banking channels via the Internet and mobile banking. The bank's credit is heavily exposed to the real estate, construction, sea farming, agriculture, fisheries, shipbuilding, offshore, and retail industries, as well as the public and energy sectors. The bank's income is split nearly evenly between net interest income and net fees and commission income.