GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Co-operative Bank of Kenya Ltd (NAI:COOP) » Definitions » Shiller PE Ratio

Co-operative Bank of Kenya (NAI:COOP) Shiller PE Ratio : 4.73 (As of May. 24, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Co-operative Bank of Kenya Shiller PE Ratio?

As of today (2024-05-24), Co-operative Bank of Kenya's current share price is KES13.30. Co-operative Bank of Kenya's E10 for the quarter that ended in Dec. 2023 was KES2.81. Co-operative Bank of Kenya's Shiller PE Ratio for today is 4.73.

The historical rank and industry rank for Co-operative Bank of Kenya's Shiller PE Ratio or its related term are showing as below:

NAI:COOP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.84   Med: 4.92   Max: 6.24
Current: 4.73

During the past years, Co-operative Bank of Kenya's highest Shiller PE Ratio was 6.24. The lowest was 3.84. And the median was 4.92.

NAI:COOP's Shiller PE Ratio is ranked better than
91.55% of 1136 companies
in the Banks industry
Industry Median: 10.16 vs NAI:COOP: 4.73

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.

Co-operative Bank of Kenya's adjusted earnings per share data for the three months ended in Dec. 2023 was KES0.770. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is KES2.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Co-operative Bank of Kenya Shiller PE Ratio Historical Data

The historical data trend for Co-operative Bank of Kenya'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.

Co-operative Bank of Kenya Shiller PE Ratio Chart

Co-operative Bank of Kenya 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 - - 5.74 4.89 4.05

Co-operative Bank of Kenya 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 4.89 5.05 4.53 4.26 4.05

Competitive Comparison of Co-operative Bank of Kenya's Shiller PE Ratio

For the Banks - Regional subindustry, Co-operative Bank of Kenya'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.


Co-operative Bank of Kenya's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Co-operative Bank of Kenya's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Co-operative Bank of Kenya's Shiller PE Ratio falls into.



Co-operative Bank of Kenya 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.

Co-operative Bank of Kenya's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=13.30/2.81
=4.73

* 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.

Co-operative Bank of Kenya's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Co-operative Bank of Kenya's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.77/129.4194*129.4194
=0.770

Current CPI (Dec. 2023) = 129.4194.

Co-operative Bank of Kenya Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.417 99.695 0.541
201406 0.383 100.560 0.493
201409 0.133 100.428 0.171
201412 0.333 99.070 0.435
201503 0.542 99.621 0.704
201506 0.525 100.684 0.675
201509 0.400 100.392 0.516
201512 0.133 99.792 0.172
201603 0.583 100.470 0.751
201606 0.678 101.688 0.863
201609 0.534 101.861 0.678
201612 0.407 101.863 0.517
201703 0.660 102.862 0.830
201706 0.581 103.349 0.728
201709 0.500 104.136 0.621
201712 0.360 104.011 0.448
201803 0.590 105.290 0.725
201806 0.630 106.317 0.767
201809 0.540 106.507 0.656
201812 0.420 105.998 0.513
201903 0.610 107.251 0.736
201906 0.660 108.070 0.790
201909 0.590 108.329 0.705
201912 0.620 108.420 0.740
202003 0.610 108.902 0.725
202006 0.620 108.767 0.738
202009 0.440 109.815 0.519
202012 0.310 109.897 0.365
202103 0.590 111.754 0.683
202106 0.670 114.631 0.756
202109 0.720 115.734 0.805
202112 0.870 117.630 0.957
202203 0.990 121.301 1.056
202206 0.960 125.017 0.994
202209 0.960 125.227 0.992
202212 0.810 125.222 0.837
202303 1.040 127.348 1.057
202306 1.040 128.729 1.046
202309 1.070 129.860 1.066
202312 0.770 129.419 0.770

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.


Co-operative Bank of Kenya  (NAI:COOP) 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.


Co-operative Bank of Kenya Shiller PE Ratio Related Terms

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


Co-operative Bank of Kenya (NAI:COOP) Business Description

Traded in Other Exchanges
N/A
Address
Haile Selassie Avenue, Co-operative Bank House, P.O. Box 48231, L.R. No. 209/4290 (IR No. 27596), Nairobi, KEN, 00100
Co-operative Bank of Kenya Ltd is engaged in corporate banking, retail banking, investment and asset management services in Kenya. The Bank is organized into two main operating segments based on products and services as, Retail Banking which includes loans deposits and other transactions and balances with retail customers, and Wholesale Banking which includes loans deposits and other transactions and balances with corporate and institutional customers. It generates the majority of its revenue from Retail Banking. The group's operations are within the two geographical segments of Kenya and South Sudan.