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Camden National (Camden National) Shiller PE Ratio : 8.77 (As of May. 07, 2024)


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What is Camden National Shiller PE Ratio?

As of today (2024-05-07), Camden National's current share price is $32.02. Camden National's E10 for the quarter that ended in Dec. 2023 was $3.65. Camden National's Shiller PE Ratio for today is 8.77.

The historical rank and industry rank for Camden National's Shiller PE Ratio or its related term are showing as below:

CAC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.33   Med: 13.4   Max: 21.37
Current: 8.77

During the past years, Camden National's highest Shiller PE Ratio was 21.37. The lowest was 7.33. And the median was 13.40.

CAC's Shiller PE Ratio is ranked better than
64.47% of 1137 companies
in the Banks industry
Industry Median: 10.39 vs CAC: 8.77

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.

Camden National's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.580. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.65 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Camden National Shiller PE Ratio Historical Data

The historical data trend for Camden National'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.

Camden National Shiller PE Ratio Chart

Camden National 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 17.89 13.01 15.36 11.93 10.31

Camden National 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 10.12 8.53 7.72 10.31 -

Competitive Comparison of Camden National's Shiller PE Ratio

For the Banks - Regional subindustry, Camden National'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.


Camden National's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Camden National's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Camden National's Shiller PE Ratio falls into.



Camden National 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.

Camden National's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=32.02/3.65
=8.77

* 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.

Camden National's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Camden National'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)
=0.58/129.4194*129.4194
=0.580

Current CPI (Dec. 2023) = 129.4194.

Camden National Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.500 99.695 0.649
201406 0.567 100.560 0.730
201409 0.573 100.428 0.738
201412 0.547 99.070 0.715
201503 0.500 99.621 0.650
201506 0.640 100.684 0.823
201509 0.570 100.392 0.735
201512 0.113 99.792 0.147
201603 0.560 100.470 0.721
201606 0.620 101.688 0.789
201609 0.700 101.861 0.889
201612 0.700 101.863 0.889
201703 0.640 102.862 0.805
201706 0.660 103.349 0.826
201709 0.720 104.136 0.895
201712 -0.200 104.011 -0.249
201803 0.820 105.290 1.008
201806 0.780 106.317 0.949
201809 0.900 106.507 1.094
201812 0.890 105.998 1.087
201903 0.910 107.251 1.098
201906 0.850 108.070 1.018
201909 0.940 108.329 1.123
201912 0.990 108.420 1.182
202003 0.890 108.902 1.058
202006 0.730 108.767 0.869
202009 1.110 109.815 1.308
202012 1.220 109.897 1.437
202103 1.310 111.754 1.517
202106 1.210 114.631 1.366
202109 0.970 115.734 1.085
202112 1.110 117.630 1.221
202203 1.130 121.301 1.206
202206 1.020 125.017 1.056
202209 0.970 125.227 1.002
202212 1.050 125.222 1.085
202303 0.870 127.348 0.884
202306 0.850 128.729 0.855
202309 0.670 129.860 0.668
202312 0.580 129.419 0.580

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.


Camden National  (NAS:CAC) 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.


Camden National Shiller PE Ratio Related Terms

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


Camden National (Camden National) Business Description

Traded in Other Exchanges
Address
2 Elm Street, Camden, ME, USA, 04843
Camden National Corporation is a banking solutions provider in the United States. Its core business is providing commercial banking products to individuals and corporates. Its consumer and commercial banking services entail services such as loans and deposits, savings and online banking, treasury management solutions and non-profit products to consumer, institutional, municipal, non-profit and commercial customers. The company also offers investment management and fiduciary services. In addition, it offers various other services which include lending to dentists, optometrists and veterinarians across the United States.
Executives
David Ackley officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
David C Flanagan director 2 ELM STREET, PO BOX 310, CAMDEN ME 04843
Robert D Merrill director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Rebecca Hatfield director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Renee Smyth officer: EVP 2 ELM STREET, PO BOX 310, CAMDEN ME 04843
Carl John Soderberg director 2 ELM STREET, POB 310, CAMDEN ME 04843
Craig N Denekas director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Marie J Mccarthy director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Lawrence J Sterrs director 2 ELM ST, POB 310, CAMDEN ME 04843
Gregory A Dufour director, officer: CEO
Michael R Archer officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Patricia A Rose officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Ryan A Smith officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Heather D Robinson officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
S. Catherine Longley director 2 ELM STREET, CAMDEN ME 04843