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SpareBank 1 SMN (LTS:0IVM) Shiller PE Ratio : 12.04 (As of May. 26, 2024)


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What is SpareBank 1 SMN Shiller PE Ratio?

As of today (2024-05-26), SpareBank 1 SMN's current share price is kr149.33. SpareBank 1 SMN's E10 for the quarter that ended in Mar. 2024 was kr12.40. SpareBank 1 SMN's Shiller PE Ratio for today is 12.04.

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

LTS:0IVM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.15   Med: 10.98   Max: 15.38
Current: 11.95

During the past years, SpareBank 1 SMN's highest Shiller PE Ratio was 15.38. The lowest was 7.15. And the median was 10.98.

LTS:0IVM's Shiller PE Ratio is ranked worse than
64.79% of 1139 companies
in the Banks industry
Industry Median: 10.13 vs LTS:0IVM: 11.95

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 kr4.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr12.40 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 11.03

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
=149.33/12.4
=12.04

* 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)
=4.68/132.6000*132.6000
=4.680

Current CPI (Mar. 2024) = 132.6000.

SpareBank 1 SMN Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 2.290 97.500 3.114
201409 2.190 98.500 2.948
201412 2.873 98.600 3.864
201503 2.180 99.200 2.914
201506 2.130 100.100 2.822
201509 1.230 100.600 1.621
201512 2.241 100.900 2.945
201603 1.490 102.500 1.928
201606 2.210 103.800 2.823
201609 2.000 104.200 2.545
201612 -1.009 104.400 -1.282
201703 1.740 105.000 2.197
201706 1.920 105.800 2.406
201709 2.420 105.900 3.030
201712 2.630 106.100 3.287
201803 2.210 107.300 2.731
201806 3.540 108.500 4.326
201809 2.320 109.500 2.809
201812 1.900 109.800 2.295
201903 5.020 110.400 6.029
201906 3.210 110.600 3.849
201909 2.300 111.100 2.745
201912 1.600 111.300 1.906
202003 1.260 111.200 1.502
202006 3.270 112.100 3.868
202009 2.350 112.900 2.760
202012 1.990 112.900 2.337
202103 3.400 114.600 3.934
202106 3.510 115.300 4.037
202109 3.220 117.500 3.634
202112 3.200 118.900 3.569
202203 3.200 119.800 3.542
202206 3.200 122.600 3.461
202209 2.890 125.600 3.051
202212 3.530 125.900 3.718
202303 3.510 127.600 3.648
202306 4.210 130.400 4.281
202309 3.280 129.800 3.351
202312 5.620 131.900 5.650
202403 4.680 132.600 4.680

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  (LTS:0IVM) 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 (LTS:0IVM) 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.

SpareBank 1 SMN (LTS:0IVM) Headlines

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