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As of today (2024-10-31), Bank of New York Mellon's current share price is $75.36. Bank of New York Mellon's E10 for the quarter that ended in Jun. 2024 was $4.40. Bank of New York Mellon's Shiller PE Ratio for today is 17.13.
The historical rank and industry rank for Bank of New York Mellon's Shiller PE Ratio or its related term are showing as below:
During the past years, Bank of New York Mellon's highest Shiller PE Ratio was 28.22. The lowest was 9.63. And the median was 17.08.
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.
Bank of New York Mellon's adjusted earnings per share data for the three months ended in Jun. 2024 was $1.520. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.40 for the trailing ten years ended in Jun. 2024.
The historical data trend for Bank of New York Mellon'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.
Bank of New York Mellon Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Shiller PE Ratio | Get a 7-Day Free Trial | 16.69 | 13.27 | 16.16 | 11.81 | 12.52 |
Bank of New York Mellon Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Shiller PE Ratio | Get a 7-Day Free Trial | 10.16 | 12.52 | 13.45 | 13.62 | - |
For the Banks - Diversified subindustry, Bank of New York Mellon'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.
For the Banks industry and Financial Services sector, Bank of New York Mellon's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Bank of New York Mellon's Shiller PE Ratio falls into.
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.
Bank of New York Mellon's Shiller PE Ratio for today is calculated as
Shiller PE Ratio | = | Share Price | / | E10 |
= | 75.36 | / | 4.4 | |
= | 17.13 |
* 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.
Bank of New York Mellon's E10 for the quarter that ended in Jun. 2024 is calculated as:
For example, Bank of New York Mellon's adjusted earnings per share data for the three months ended in Jun. 2024 was:
Adj_EPS | = | Earnings per Share (Diluted) | / | CPI of Jun. 2024 (Change) | * | Current CPI (Jun. 2024) |
= | 1.52 | / | 132.5538 | * | 132.5538 | |
= | 1.520 |
Current CPI (Jun. 2024) = 132.5538.
Bank of New York Mellon Quarterly Data
Earnings per Share (Diluted) | CPI | Adj_EPS | |
201409 | 0.930 | 100.428 | 1.227 |
201412 | 0.180 | 99.070 | 0.241 |
201503 | 0.670 | 99.621 | 0.891 |
201506 | 0.730 | 100.684 | 0.961 |
201509 | 0.740 | 100.392 | 0.977 |
201512 | 0.570 | 99.792 | 0.757 |
201603 | 0.730 | 100.470 | 0.963 |
201606 | 0.750 | 101.688 | 0.978 |
201609 | 0.900 | 101.861 | 1.171 |
201612 | 0.770 | 101.863 | 1.002 |
201703 | 0.830 | 102.862 | 1.070 |
201706 | 0.880 | 103.349 | 1.129 |
201709 | 0.940 | 104.136 | 1.197 |
201712 | 1.080 | 104.011 | 1.376 |
201803 | 1.100 | 105.290 | 1.385 |
201806 | 1.030 | 106.317 | 1.284 |
201809 | 1.060 | 106.507 | 1.319 |
201812 | 0.840 | 105.998 | 1.050 |
201903 | 0.940 | 107.251 | 1.162 |
201906 | 1.010 | 108.070 | 1.239 |
201909 | 1.070 | 108.329 | 1.309 |
201912 | 1.520 | 108.420 | 1.858 |
202003 | 1.050 | 108.902 | 1.278 |
202006 | 1.010 | 108.767 | 1.231 |
202009 | 0.980 | 109.815 | 1.183 |
202012 | 0.790 | 109.897 | 0.953 |
202103 | 0.970 | 111.754 | 1.151 |
202106 | 1.130 | 114.631 | 1.307 |
202109 | 1.040 | 115.734 | 1.191 |
202112 | 1.010 | 117.630 | 1.138 |
202203 | 0.860 | 121.301 | 0.940 |
202206 | 1.030 | 125.017 | 1.092 |
202209 | 0.390 | 125.227 | 0.413 |
202212 | 0.620 | 125.222 | 0.656 |
202303 | 1.130 | 127.348 | 1.176 |
202306 | 1.310 | 128.729 | 1.349 |
202309 | 1.220 | 129.860 | 1.245 |
202312 | 0.330 | 129.419 | 0.338 |
202403 | 1.250 | 131.776 | 1.257 |
202406 | 1.520 | 132.554 | 1.520 |
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.
Bank of New York Mellon (NYSE:BK) 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.
Thank you for viewing the detailed overview of Bank of New York Mellon's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Hanneke Smits | officer: Sr. Exec. Vice President | 160 QUEEN VICTORIA STREET, THE BANK OF NEW YORK MELLON CENTRE, LONDON X0 EC4V 4LA |
Senthilkumar Santhanakrishnan | officer: Senior Exec VP | 240 GREENWICH STREET, NEW YORK NY 10286 |
Kurtis R. Kurimsky | officer: Acting Controller | 225 LIBERTY STREET, NEW YORK NY 10286 |
J Kevin Mccarthy | director, officer: SEVP & General Counsel | THE BANK OF NEW YORK MELLON CORPORATION, 225 LIBERTY STREET, NEW YORK NY 10286 |
Catherine Keating | officer: Sr. Exec. Vice President | 75 STATE ST, BOSTON MA 02109 |
Jayee Koffey | officer: Sr. Exec. Vice President | 240 GREENWICH STREET, NEW YORK NY 10286 |
Dermot Mcdonogh | officer: Sr. Executive Vice President | 240 GREENWICH STREET, NEW YORK NY 10286 |
Thomas P Gibbons | officer: Sr. Executive Vice President | THE BANK OF NEW YORK MELLON CORPORATION, 225 LIBERTY STREET, NEW YORK NY 10286 |
Sandie O'connor | director | C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880 |
La Salla Francis J. | officer: Sr. Executive Vice President | 101 BARCLAY STREET, NEW YORK NY 10286 |
Jeffrey D Landau | officer: Sr. Exec Vice President | 200 PARK AVENUE, NEW YORK NY 10166 |
Marguerite Amy Gilliland | director | 2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042 |
Kumara Guru Gowrappan | director | 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
Robin A. Vince | officer: Vice Chair | 240 GREENWICH STREET, `, NEW YORK NY 10286 |
Ralph Izzo | director | PSEG 80 PARK PLAZA, T6B NEWARK NJ 07102-4194 |
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