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Cullen/Frost Bankers (Cullen/Frost Bankers) Shiller PE Ratio : 16.12 (As of Apr. 24, 2024)


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What is Cullen/Frost Bankers Shiller PE Ratio?

As of today (2024-04-24), Cullen/Frost Bankers's current share price is $116.84. Cullen/Frost Bankers's E10 for the quarter that ended in Dec. 2023 was $7.25. Cullen/Frost Bankers's Shiller PE Ratio for today is 16.12.

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

CFR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.51   Med: 19.6   Max: 27.21
Current: 16.12

During the past years, Cullen/Frost Bankers's highest Shiller PE Ratio was 27.21. The lowest was 10.51. And the median was 19.60.

CFR's Shiller PE Ratio is ranked worse than
80.21% of 1122 companies
in the Banks industry
Industry Median: 10.305 vs CFR: 16.12

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.

Cullen/Frost Bankers's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.550. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $7.25 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cullen/Frost Bankers Shiller PE Ratio Historical Data

The historical data trend for Cullen/Frost Bankers'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.

Cullen/Frost Bankers Shiller PE Ratio Chart

Cullen/Frost Bankers 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 19.35 16.69 21.56 20.21 14.96

Cullen/Frost Bankers 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 20.21 15.31 15.19 12.58 14.96

Competitive Comparison of Cullen/Frost Bankers's Shiller PE Ratio

For the Banks - Regional subindustry, Cullen/Frost Bankers'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.


Cullen/Frost Bankers's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Cullen/Frost Bankers's Shiller PE Ratio falls into.



Cullen/Frost Bankers 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.

Cullen/Frost Bankers's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=116.84/7.25
=16.12

* 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.

Cullen/Frost Bankers's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Cullen/Frost Bankers'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)
=1.55/129.4194*129.4194
=1.550

Current CPI (Dec. 2023) = 129.4194.

Cullen/Frost Bankers Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.960 99.695 1.246
201406 1.030 100.560 1.326
201409 1.180 100.428 1.521
201412 1.110 99.070 1.450
201503 1.100 99.621 1.429
201506 1.110 100.684 1.427
201509 1.170 100.392 1.508
201512 0.900 99.792 1.167
201603 1.070 100.470 1.378
201606 1.110 101.688 1.413
201609 1.240 101.861 1.575
201612 1.280 101.863 1.626
201703 1.280 102.862 1.610
201706 1.290 103.349 1.615
201709 1.410 104.136 1.752
201712 1.530 104.011 1.904
201803 1.610 105.290 1.979
201806 1.680 106.317 2.045
201809 1.780 106.507 2.163
201812 1.820 105.998 2.222
201903 1.790 107.251 2.160
201906 1.720 108.070 2.060
201909 1.730 108.329 2.067
201912 1.600 108.420 1.910
202003 0.750 108.902 0.891
202006 1.470 108.767 1.749
202009 1.500 109.815 1.768
202012 1.380 109.897 1.625
202103 1.770 111.754 2.050
202106 1.800 114.631 2.032
202109 1.650 115.734 1.845
202112 1.540 117.630 1.694
202203 1.500 121.301 1.600
202206 1.810 125.017 1.874
202209 2.590 125.227 2.677
202212 2.910 125.222 3.008
202303 2.700 127.348 2.744
202306 2.470 128.729 2.483
202309 2.380 129.860 2.372
202312 1.550 129.419 1.550

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.


Cullen/Frost Bankers  (NYSE:CFR) 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.


Cullen/Frost Bankers Shiller PE Ratio Related Terms

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


Cullen/Frost Bankers (Cullen/Frost Bankers) Business Description

Traded in Other Exchanges
Address
111 W. Houston Street, San Antonio, TX, USA, 78205
Cullen/Frost Bankers is a financial holding company, headquartered in San Antonio. One of the 50 largest U.S. banks, Frost provides a wide range of banking, investments, and insurance services to businesses and individuals across Texas in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Permian Basin, Rio Grande Valley, and San Antonio regions.
Executives
Patrick B Frost director, other: Member Executive Committee 100 WEST HOUSTON ST, SAN ANTONIO TX 78205
Howard Willome John director 111 WEST HOUSTON STREET, SUITE 100, SAN ANTONIO TX 78205
Chris Avery director 510 POST OAK ROAD, FREDERICKSBURG TX 78624
Howard L. Kasanoff officer: GEVP Chief Credit Officer 111 WEST HOUSTON STREET, SUITE 100, SAN ANTONIO TX 78205
Bobby Berman officer: Group Executive Vice President 100 WEST HOUSTON STREET, SAN ANTONIO TX 78205
Candace K Wolfshohl officer: Group Executive Vice President 100 WEST HOUSTON STREET, SAN ANTONIO TX 78205
Phillip D Green officer: Group EVP / CFO 100 WEST HOUSTON ST, SAN ANTONIO TX 78205
Carol Jean Severyn officer: GEVP and Chief Risk Officer 100 WEST HOUSTON STREET, SAN ANTONIO TX 78205
Paul Bracher officer: President 100 WEST HOUSTON STREET, SAN ANTONIO TX 78205
Joseph A. Pierce director 111 WEST HOUSTON STREET, SUITE 100, SAN ANTONIO TX 78205
William L Perotti officer: Group Executive Vice President 100 WEST HOUSTON STREET, SAN ANTONIO TX 78205
Jerry Salinas officer: Chief Financial Officer 100 WEST HOUSTON STREET, SAN ANTONIO TX 78205
Anthony R Chase director 10307 PACIFIC CENTER COURT, SAN DIEGO CA 92121
Linda B. Rutherford director 2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Annette M Alonzo officer: Group Executive Vice President 100 WEST HOUSTON STREET, SAN ANTONIO TX 78205