GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banestes SA Banco Estado Espirito (BSP:BEES3) » Definitions » Shiller PE Ratio

Banestes Banco Estado Espirito (BSP:BEES3) Shiller PE Ratio : 10.16 (As of May. 26, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Banestes Banco Estado Espirito Shiller PE Ratio?

As of today (2024-05-26), Banestes Banco Estado Espirito's current share price is R$9.04. Banestes Banco Estado Espirito's E10 for the quarter that ended in Mar. 2024 was R$0.89. Banestes Banco Estado Espirito's Shiller PE Ratio for today is 10.16.

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

BSP:BEES3' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.11   Med: 8.44   Max: 11.68
Current: 10.14

During the past years, Banestes Banco Estado Espirito's highest Shiller PE Ratio was 11.68. The lowest was 6.11. And the median was 8.44.

BSP:BEES3's Shiller PE Ratio is ranked worse than
50.4% of 1139 companies
in the Banks industry
Industry Median: 10.13 vs BSP:BEES3: 10.14

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.

Banestes Banco Estado Espirito's adjusted earnings per share data for the three months ended in Mar. 2024 was R$0.216. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$0.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banestes Banco Estado Espirito Shiller PE Ratio Historical Data

The historical data trend for Banestes Banco Estado Espirito'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.

Banestes Banco Estado Espirito Shiller PE Ratio Chart

Banestes Banco Estado Espirito 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 9.72 9.23 7.06 7.04 10.89

Banestes Banco Estado Espirito 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 7.80 10.88 10.18 10.89 9.70

Competitive Comparison of Banestes Banco Estado Espirito's Shiller PE Ratio

For the Banks - Regional subindustry, Banestes Banco Estado Espirito'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.


Banestes Banco Estado Espirito's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Banestes Banco Estado Espirito's Shiller PE Ratio falls into.



Banestes Banco Estado Espirito 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.

Banestes Banco Estado Espirito's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9.04/0.89
=10.16

* 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.

Banestes Banco Estado Espirito's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Banestes Banco Estado Espirito's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.216/159.3724*159.3724
=0.216

Current CPI (Mar. 2024) = 159.3724.

Banestes Banco Estado Espirito Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.118 91.838 0.205
201409 0.108 92.602 0.186
201412 0.101 94.194 0.171
201503 0.123 97.799 0.200
201506 0.138 100.006 0.220
201509 0.125 101.392 0.196
201512 0.092 104.247 0.141
201603 0.122 106.979 0.182
201606 0.147 108.851 0.215
201609 0.107 109.986 0.155
201612 0.136 110.802 0.196
201703 0.122 111.869 0.174
201706 0.147 112.115 0.209
201709 0.125 112.777 0.177
201712 0.161 114.068 0.225
201803 0.074 114.868 0.103
201806 0.183 117.038 0.249
201809 0.174 117.881 0.235
201812 0.142 118.340 0.191
201903 0.201 120.124 0.267
201906 0.144 120.977 0.190
201909 0.184 121.292 0.242
201912 0.147 123.436 0.190
202003 0.261 124.092 0.335
202006 0.134 123.557 0.173
202009 0.142 125.095 0.181
202012 0.197 129.012 0.243
202103 0.193 131.660 0.234
202106 0.169 133.871 0.201
202109 0.190 137.913 0.220
202112 0.242 141.992 0.272
202203 0.257 146.537 0.280
202206 0.319 149.784 0.339
202209 0.242 147.800 0.261
202212 0.226 150.207 0.240
202303 0.223 153.352 0.232
202306 0.363 154.519 0.374
202309 0.303 155.464 0.311
202312 0.284 157.148 0.288
202403 0.216 159.372 0.216

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.


Banestes Banco Estado Espirito  (BSP:BEES3) 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.


Banestes Banco Estado Espirito Shiller PE Ratio Related Terms

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


Banestes Banco Estado Espirito (BSP:BEES3) Business Description

Traded in Other Exchanges
Address
Avenue Princesa Isabel, 574, Bloco B - 9th floor - Ed. Palas, Centro, Vitoria, ES, BRA, 29010-031
Banestes SA Banco Estado Espirito operates as a bank. Its activities are focused on the credit operations. It also operates in foreign exchange market, offering products geared mainly to finance imports and exports like letter of credit. The Bank offers credit, securities brokerage services, foreign exchange, and other financial services.

Banestes Banco Estado Espirito (BSP:BEES3) Headlines

No Headlines