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KeyCorp (FRA:KEY) Shiller PE Ratio : 8.95 (As of Apr. 27, 2024)


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What is KeyCorp Shiller PE Ratio?

As of today (2024-04-27), KeyCorp's current share price is €13.518. KeyCorp's E10 for the quarter that ended in Dec. 2023 was €1.51. KeyCorp's Shiller PE Ratio for today is 8.95.

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

FRA:KEY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.42   Med: 17.65   Max: 513.5
Current: 8.93

During the past years, KeyCorp's highest Shiller PE Ratio was 513.50. The lowest was 5.42. And the median was 17.65.

FRA:KEY's Shiller PE Ratio is ranked better than
61.87% of 1125 companies
in the Banks industry
Industry Median: 10.36 vs FRA:KEY: 8.93

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.

KeyCorp's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.028. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.51 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


KeyCorp Shiller PE Ratio Historical Data

The historical data trend for KeyCorp'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.

KeyCorp Shiller PE Ratio Chart

KeyCorp 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 18.12 13.59 15.90 10.69 8.75

KeyCorp 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 7.54 5.51 6.40 8.75 -

Competitive Comparison of KeyCorp's Shiller PE Ratio

For the Banks - Regional subindustry, KeyCorp'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.


KeyCorp's Shiller PE Ratio Distribution in the Banks Industry

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

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



KeyCorp 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.

KeyCorp's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=13.518/1.51
=8.95

* 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.

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

For example, KeyCorp'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)
=0.028/129.4194*129.4194
=0.028

Current CPI (Dec. 2023) = 129.4194.

KeyCorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.188 99.695 0.244
201406 0.177 100.560 0.228
201409 0.163 100.428 0.210
201412 0.227 99.070 0.297
201503 0.240 99.621 0.312
201506 0.241 100.684 0.310
201509 0.223 100.392 0.287
201512 0.239 99.792 0.310
201603 0.198 100.470 0.255
201606 0.205 101.688 0.261
201609 0.151 101.861 0.192
201612 0.180 101.863 0.229
201703 0.252 102.862 0.317
201706 0.320 103.349 0.401
201709 0.268 104.136 0.333
201712 0.144 104.011 0.179
201803 0.308 105.290 0.379
201806 0.377 106.317 0.459
201809 0.386 106.507 0.469
201812 0.396 105.998 0.484
201903 0.336 107.251 0.405
201906 0.354 108.070 0.424
201909 0.354 108.329 0.423
201912 0.405 108.420 0.483
202003 0.109 108.902 0.130
202006 0.151 108.767 0.180
202009 0.348 109.815 0.410
202012 0.469 109.897 0.552
202103 0.512 111.754 0.593
202106 0.606 114.631 0.684
202109 0.553 115.734 0.618
202112 0.566 117.630 0.623
202203 0.409 121.301 0.436
202206 0.511 125.017 0.529
202209 0.556 125.227 0.575
202212 0.359 125.222 0.371
202303 0.280 127.348 0.285
202306 0.249 128.729 0.250
202309 0.272 129.860 0.271
202312 0.028 129.419 0.028

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.


KeyCorp  (FRA:KEY) 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.


KeyCorp Shiller PE Ratio Related Terms

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


KeyCorp (FRA:KEY) Business Description

Address
127 Public Square, Cleveland, OH, USA, 44114-1306
With assets of over $170 billion, Ohio-based KeyCorp's bank footprint spans 16 states, but it is predominantly concentrated in its two largest markets: Ohio and New York. KeyCorp is primarily focused on serving middle-market commercial clients through a hybrid community/corporate bank model.

KeyCorp (FRA:KEY) Headlines