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Banca Sistema SpA (MIL:BST) Shiller PE Ratio : 4.56 (As of May. 12, 2024)


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What is Banca Sistema SpA Shiller PE Ratio?

As of today (2024-05-12), Banca Sistema SpA's current share price is €1.504. Banca Sistema SpA's E10 for the fiscal year that ended in Dec23 was €0.33. Banca Sistema SpA's Shiller PE Ratio for today is 4.56.

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

MIL:BST' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.56   Med: 3.72   Max: 4.66
Current: 4.08

During the past 10 years, Banca Sistema SpA's highest Shiller PE Ratio was 4.66. The lowest was 3.56. And the median was 3.72.

MIL:BST's Shiller PE Ratio is ranked better than
93.13% of 1135 companies
in the Banks industry
Industry Median: 10.37 vs MIL:BST: 4.08

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.

Banca Sistema SpA's adjusted earnings per share data of for the fiscal year that ended in Dec23 was €0.206. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.33 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banca Sistema SpA Shiller PE Ratio Historical Data

The historical data trend for Banca Sistema SpA'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.

Banca Sistema SpA Shiller PE Ratio Chart

Banca Sistema SpA 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 - - - - 3.59

Banca Sistema SpA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - 3.59

Competitive Comparison of Banca Sistema SpA's Shiller PE Ratio

For the Banks - Regional subindustry, Banca Sistema SpA'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.


Banca Sistema SpA's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Banca Sistema SpA's Shiller PE Ratio falls into.



Banca Sistema SpA 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.

Banca Sistema SpA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.504/0.33
=4.56

* 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.

Banca Sistema SpA's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Banca Sistema SpA's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.206/119.5000*119.5000
=0.206

Current CPI (Dec23) = 119.5000.

Banca Sistema SpA Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.243 99.721 0.291
201512 0.219 99.814 0.262
201612 0.315 100.300 0.375
201712 0.333 101.200 0.393
201812 0.349 102.300 0.408
201912 0.373 102.800 0.434
202012 0.321 102.600 0.374
202112 0.289 106.600 0.324
202212 0.275 119.000 0.276
202312 0.206 119.500 0.206

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.


Banca Sistema SpA  (MIL:BST) 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.


Banca Sistema SpA Shiller PE Ratio Related Terms

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Banca Sistema SpA (MIL:BST) Business Description

Traded in Other Exchanges
Address
Largo Augusto 1/A, At the corner of Via Verziere 13, Milan, ITA, 20122
Banca Sistema SpA provides factoring and banking services. It is specialized in the acquisition, management, and financing of receivables. The firm's products and services comprise current accounts, time deposits, funding for SME, non-recourse factoring, credit management, and payment services. Segment reporting of the company includes following divisions: Factoring Division includes the business related to the origination of trade and tax receivables with and without recourse and the management. CQ Division, which includes the business related to the purchase of salary- and pension-backed loans. Collateralized Lending Division includes the business related to collateral backed loans. Corporate Division includes activities related to the management of the Group's financial resources.