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Fidelity Bank (NSA:FBP) Shiller PE Ratio : 7.75 (As of Jun. 04, 2024)


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What is Fidelity Bank Shiller PE Ratio?

As of today (2024-06-04), Fidelity Bank's current share price is ₦10.00. Fidelity Bank's E10 for the quarter that ended in Mar. 2024 was ₦1.29. Fidelity Bank's Shiller PE Ratio for today is 7.75.

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

NSA:FBP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.84   Med: 4.67   Max: 11.45
Current: 7.9

During the past years, Fidelity Bank's highest Shiller PE Ratio was 11.45. The lowest was 2.84. And the median was 4.67.

NSA:FBP's Shiller PE Ratio is ranked better than
69.33% of 1141 companies
in the Banks industry
Industry Median: 10.08 vs NSA:FBP: 7.90

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.

Fidelity Bank's adjusted earnings per share data for the three months ended in Mar. 2024 was ₦0.983. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₦1.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fidelity Bank Shiller PE Ratio Historical Data

The historical data trend for Fidelity Bank'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.

Fidelity Bank Shiller PE Ratio Chart

Fidelity Bank 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 - - 3.08 4.67 8.76

Fidelity Bank 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 5.49 6.52 6.89 8.76 7.74

Competitive Comparison of Fidelity Bank's Shiller PE Ratio

For the Banks - Regional subindustry, Fidelity Bank'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.


Fidelity Bank's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Fidelity Bank's Shiller PE Ratio falls into.



Fidelity Bank 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.

Fidelity Bank's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=10.00/1.29
=7.75

* 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.

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

For example, Fidelity Bank'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)
=0.983/131.7762*131.7762
=0.983

Current CPI (Mar. 2024) = 131.7762.

Fidelity Bank Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.146 100.560 0.191
201409 0.111 100.428 0.146
201412 0.088 99.070 0.117
201503 0.550 99.621 0.728
201506 0.145 100.684 0.190
201509 0.112 100.392 0.147
201512 0.090 99.792 0.119
201603 0.120 100.470 0.157
201606 0.070 101.688 0.091
201609 0.114 101.861 0.147
201612 0.034 101.863 0.044
201703 0.150 102.862 0.192
201706 0.160 103.349 0.204
201709 0.180 104.136 0.228
201712 0.114 104.011 0.144
201803 0.160 105.290 0.200
201806 0.250 106.317 0.310
201809 0.220 106.507 0.272
201812 0.170 105.998 0.211
201903 0.210 107.251 0.258
201906 0.080 108.070 0.098
201909 0.360 108.329 0.438
201912 0.320 108.420 0.389
202003 0.200 108.902 0.242
202006 0.190 108.767 0.230
202009 0.310 109.815 0.372
202012 0.220 109.897 0.264
202103 0.330 111.754 0.389
202106 0.335 114.631 0.385
202109 0.250 115.734 0.285
202112 -0.122 117.630 -0.137
202203 0.330 121.301 0.358
202206 0.475 125.017 0.501
202209 0.400 125.227 0.421
202212 0.403 125.222 0.424
202303 0.488 127.348 0.505
202306 1.450 128.729 1.484
202309 0.930 129.860 0.944
202312 0.238 129.419 0.242
202403 0.983 131.776 0.983

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.


Fidelity Bank  (NSA:FBP) 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.


Fidelity Bank Shiller PE Ratio Related Terms

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


Fidelity Bank (NSA:FBP) Business Description

Traded in Other Exchanges
N/A
Address
2 Kofo Abayomi Street, Fidelity Place, Victoria Island, Lagos, NGA
Fidelity Bank PLC is a Nigerian based bank that offers banking and other financial services to corporate and individual customers. It operates through segments including Retail banking that offers retail, personal and commercial services to individuals, small and medium business customers and E-Business products to serve retail banking. Its Corporate Banking segment offers commercial and corporate banking services to corporate business customers, it covers the Power and Infrastructure, Oil and Gas Upstream and downstream, Real Estate, Agro-Allied, and other industries. Investment banking segment is involved in the funding and management of the bank's securities, trading, and investment decisions.