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Oversea-Chinese Banking (FRA:OCBA) Shiller PE Ratio : 11.86 (As of Apr. 27, 2024)


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What is Oversea-Chinese Banking Shiller PE Ratio?

As of today (2024-04-27), Oversea-Chinese Banking's current share price is €9.722. Oversea-Chinese Banking's E10 for the quarter that ended in Dec. 2023 was €0.82. Oversea-Chinese Banking's Shiller PE Ratio for today is 11.86.

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

FRA:OCBA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.51   Med: 11   Max: 13.2
Current: 11.91

During the past years, Oversea-Chinese Banking's highest Shiller PE Ratio was 13.20. The lowest was 8.51. And the median was 11.00.

FRA:OCBA's Shiller PE Ratio is ranked worse than
63.38% of 1125 companies
in the Banks industry
Industry Median: 10.36 vs FRA:OCBA: 11.91

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.

Oversea-Chinese Banking's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.076. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.82 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oversea-Chinese Banking Shiller PE Ratio Historical Data

The historical data trend for Oversea-Chinese Banking'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.

Oversea-Chinese Banking Shiller PE Ratio Chart

Oversea-Chinese Banking 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 11.24 10.26 10.51 10.82 10.81

Oversea-Chinese Banking 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 10.82 10.66 10.31 10.49 10.81

Competitive Comparison of Oversea-Chinese Banking's Shiller PE Ratio

For the Banks - Regional subindustry, Oversea-Chinese Banking'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.


Oversea-Chinese Banking's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Oversea-Chinese Banking's Shiller PE Ratio falls into.



Oversea-Chinese Banking 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.

Oversea-Chinese Banking's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9.722/0.82
=11.86

* 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.

Oversea-Chinese Banking's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Oversea-Chinese Banking'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)
=0.076/129.4194*129.4194
=0.076

Current CPI (Dec. 2023) = 129.4194.

Oversea-Chinese Banking Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.145 99.695 0.188
201406 0.148 100.560 0.190
201409 0.211 100.428 0.272
201412 0.107 99.070 0.140
201503 0.167 99.621 0.217
201506 0.169 100.684 0.217
201509 0.140 100.392 0.180
201512 0.147 99.792 0.191
201603 0.135 100.470 0.174
201606 0.138 101.688 0.176
201609 0.146 101.861 0.186
201612 0.121 101.863 0.154
201703 0.135 102.862 0.170
201706 0.157 103.349 0.197
201709 0.163 104.136 0.203
201712 0.151 104.011 0.188
201803 0.162 105.290 0.199
201806 0.183 106.317 0.223
201809 0.184 106.507 0.224
201812 0.139 105.998 0.170
201903 0.190 107.251 0.229
201906 0.186 108.070 0.223
201909 0.179 108.329 0.214
201912 0.187 108.420 0.223
202003 0.101 108.902 0.120
202006 0.106 108.767 0.126
202009 0.145 109.815 0.171
202012 0.156 109.897 0.184
202103 0.210 111.754 0.243
202106 0.160 114.631 0.181
202109 0.194 115.734 0.217
202112 0.036 117.630 0.040
202203 0.202 121.301 0.216
202206 0.188 125.017 0.195
202209 0.291 125.227 0.301
202212 0.085 125.222 0.088
202303 0.291 127.348 0.296
202306 0.261 128.729 0.262
202309 0.326 129.860 0.325
202312 0.076 129.419 0.076

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.


Oversea-Chinese Banking  (FRA:OCBA) 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.


Oversea-Chinese Banking Shiller PE Ratio Related Terms

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Oversea-Chinese Banking (FRA:OCBA) Business Description

Traded in Other Exchanges
Address
63 Chulia Street, No. 10-00 OCBC Centre East, Singapore, SGP, 049514
Oversea-Chinese Banking, or OCBC, is the longest-established Singapore bank, founded by the merger of three local banks in 1932. The group's operations include consumer banking; wealth management and private banking (offering through its Bank of Singapore subsidiary); small to midsize enterprise and business banking; corporate and institutional banking; and insurance through majority owned Great Eastern.

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