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Keiyo Bank (TSE:8544) Shiller PE Ratio : 8.85 (As of May. 22, 2024)


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What is Keiyo Bank Shiller PE Ratio?

As of today (2024-05-22), Keiyo Bank's current share price is 円794.00. Keiyo Bank's E10 for the quarter that ended in Dec. 2023 was 円89.67. Keiyo Bank's Shiller PE Ratio for today is 8.85.

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

TSE:8544' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.01   Med: 6.21   Max: 11.85
Current: 8.9

During the past years, Keiyo Bank's highest Shiller PE Ratio was 11.85. The lowest was 4.01. And the median was 6.21.

TSE:8544's Shiller PE Ratio is ranked better than
62.54% of 1140 companies
in the Banks industry
Industry Median: 10.335 vs TSE:8544: 8.90

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.

Keiyo Bank's adjusted earnings per share data for the three months ended in Dec. 2023 was 円24.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円89.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keiyo Bank Shiller PE Ratio Historical Data

The historical data trend for Keiyo 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.

Keiyo Bank Shiller PE Ratio Chart

Keiyo Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.54 4.93 5.44 6.27 -

Keiyo 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 6.27 5.87 7.66 7.59 -

Competitive Comparison of Keiyo Bank's Shiller PE Ratio

For the Banks - Regional subindustry, Keiyo 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.


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

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

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



Keiyo 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.

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

Shiller PE Ratio=Share Price/ E10
=794.00/89.67
=8.85

* 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.

Keiyo Bank's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Keiyo Bank'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)
=24.15/106.8000*106.8000
=24.150

Current CPI (Dec. 2023) = 106.8000.

Keiyo Bank Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 20.420 95.700 22.788
201406 27.500 98.000 29.969
201409 32.240 98.500 34.957
201412 33.740 97.900 36.807
201503 13.440 97.900 14.662
201506 29.140 98.400 31.628
201509 26.320 98.500 28.538
201512 29.980 98.100 32.639
201603 26.900 97.900 29.345
201606 27.620 98.100 30.069
201609 23.000 98.000 25.065
201612 25.180 98.400 27.330
201703 12.120 98.100 13.195
201706 24.520 98.500 26.586
201709 23.120 98.800 24.992
201712 24.850 99.400 26.700
201803 19.130 99.200 20.596
201806 24.400 99.200 26.269
201809 16.220 99.900 17.340
201812 26.550 99.700 28.441
201903 12.540 99.700 13.433
201906 16.800 99.800 17.978
201909 15.230 100.100 16.249
201912 13.870 100.500 14.739
202003 -3.510 100.300 -3.737
202006 12.790 99.900 13.673
202009 19.460 99.900 20.804
202012 24.810 99.300 26.684
202103 -0.740 99.900 -0.791
202106 27.730 99.500 29.764
202109 21.710 100.100 23.163
202112 32.490 100.100 34.665
202203 4.541 101.100 4.797
202206 26.240 101.800 27.529
202209 25.599 103.100 26.518
202212 17.110 104.100 17.554
202303 12.850 104.400 13.145
202306 24.480 105.200 24.852
202309 23.438 106.200 23.570
202312 24.150 106.800 24.150

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.


Keiyo Bank  (TSE:8544) 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.


Keiyo Bank Shiller PE Ratio Related Terms

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Keiyo Bank (TSE:8544) Business Description

Traded in Other Exchanges
N/A
Address
1-11-11, Fujimi, Chuo-ku, Chiba, JPN, 260-0015
Keiyo Bank Ltd is a Japanese regional bank operating in the Chiba prefecture. Nearly half of its banking locations are in Chiba proper. Its commercial banking activities include consumer loans, foreign currency deposits, and ATM services. Most of the bank's earning assets are in loans and bill discounted, along with securities. Most of its retail loan portfolio is concentrated in housing loans and loans to small and midsize companies. The bank relies on a consulting arm that works with customers to curtail nonperforming loans. In addition to net interest income, the bank relies on fees and commissions to generate income.

Keiyo Bank (TSE:8544) Headlines

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