GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » U.S. Bancorp (NYSE:USB) » Definitions » Shiller PE Ratio

U.S. Bancorp (U.S. Bancorp) Shiller PE Ratio

: 9.34 (As of Today)
View and export this data going back to 1973. Start your Free Trial

As of today (2024-04-19), U.S. Bancorp's current share price is $40.3675. U.S. Bancorp's E10 for the quarter that ended in Dec. 2023 was $4.32. U.S. Bancorp's Shiller PE Ratio for today is 9.34.

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

USB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.74   Med: 16.26   Max: 21.37
Current: 9.34

During the past years, U.S. Bancorp's highest Shiller PE Ratio was 21.37. The lowest was 6.74. And the median was 16.26.

USB's Shiller PE Ratio is ranked better than
60.12% of 1126 companies
in the Banks industry
Industry Median: 10.18 vs USB: 9.34

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.

U.S. Bancorp's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.32 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


U.S. Bancorp Shiller PE Ratio Historical Data

The historical data trend for U.S. Bancorp'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.

U.S. Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.63 13.27 14.12 10.28 10.02

U.S. Bancorp 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 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 Premium Member Only Premium Member Only Premium Member Only 8.34 7.59 7.54 10.02 -

Competitive Comparison

For the Banks - Regional subindustry, U.S. Bancorp'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.


U.S. Bancorp Shiller PE Ratio Distribution

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

* The bar in red indicates where U.S. Bancorp's Shiller PE Ratio falls into.



U.S. Bancorp 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.

U.S. Bancorp's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=40.3675/4.32
=9.34

* 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.

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

For example, U.S. Bancorp'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)
=0.49/129.4194*129.4194
=0.490

Current CPI (Dec. 2023) = 129.4194.

U.S. Bancorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.730 99.695 0.948
201406 0.780 100.560 1.004
201409 0.780 100.428 1.005
201412 0.790 99.070 1.032
201503 0.760 99.621 0.987
201506 0.800 100.684 1.028
201509 0.810 100.392 1.044
201512 0.800 99.792 1.038
201603 0.760 100.470 0.979
201606 0.830 101.688 1.056
201609 0.840 101.861 1.067
201612 0.820 101.863 1.042
201703 0.820 102.862 1.032
201706 0.850 103.349 1.064
201709 0.880 104.136 1.094
201712 0.970 104.011 1.207
201803 0.960 105.290 1.180
201806 1.020 106.317 1.242
201809 1.060 106.507 1.288
201812 1.100 105.998 1.343
201903 1.000 107.251 1.207
201906 1.090 108.070 1.305
201909 1.150 108.329 1.374
201912 0.900 108.420 1.074
202003 0.720 108.902 0.856
202006 0.410 108.767 0.488
202009 0.990 109.815 1.167
202012 0.950 109.897 1.119
202103 1.450 111.754 1.679
202106 1.280 114.631 1.445
202109 1.300 115.734 1.454
202112 1.070 117.630 1.177
202203 0.990 121.301 1.056
202206 0.990 125.017 1.025
202209 1.160 125.227 1.199
202212 0.570 125.222 0.589
202303 1.040 127.348 1.057
202306 0.840 128.729 0.845
202309 0.910 129.860 0.907
202312 0.490 129.419 0.490

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.


U.S. Bancorp  (NYSE:USB) 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.


U.S. Bancorp Shiller PE Ratio Related Terms

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


U.S. Bancorp (U.S. Bancorp) Business Description

Address
800 Nicollet Mall, Minneapolis, MN, USA, 55402
As a diversified financial-services provider, U.S. Bancorp is one of the nation's largest regional banks, with branches in roughly 26 states, primarily in the Western and Midwestern United States. The bank offers many services, including retail banking, commercial banking, trust and wealth services, credit cards, mortgages, and other payments capabilities.
Executives
Timothy A Welsh officer: Vice Chairman 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Terrance R Dolan officer: EVP, Controller 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Shailesh M Kotwal officer: Vice Chairman 8501 N. SCOTTSDALE ROAD, SUITE 300, SCOTTSDALE AZ 85253
Venkatachari Dilip officer: SEVP & Chief Info & Tech Off 800 NICOLLET MALL, MINNEAPOLIS MN 55402
John C Stern officer: SEVP and CFO 800 NICOLLET MALL, MINNEAPOLIS MN 55402
James B Kelligrew officer: Vice Chairman 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Richard P Mckenney director UNUM GROUP, 1 FOUNTAIN SQUARE, CHATTANOOGA TN 37402
Scott W. Wine director 2100 HIGHWAY 55, MEDINA MN 55340
Alan B. Colberg director ASSURANT, INC., ONE CHASE MANHATTAN PLAZA, 41 FL., NEW YORK NY 10005
Souheil Badran officer: SEVP, Chief Operations Officer 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Andrew Cecere officer: Vice Chairman 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Von Gillern Jeffry H. officer: Vice Chairman U.S. BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Lisa R Stark officer: EVP and Controller 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Loretta E Reynolds director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Katherine B Quinn officer: EVP, Strategy & Corp. Affairs US BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402

U.S. Bancorp (U.S. Bancorp) Headlines