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CATY (Cathay General Bancorp) Shiller PE Ratio : 12.17 (As of Oct. 31, 2024)


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What is Cathay General Bancorp Shiller PE Ratio?

As of today (2024-10-31), Cathay General Bancorp's current share price is $46.00. Cathay General Bancorp's E10 for the quarter that ended in Jun. 2024 was $3.78. Cathay General Bancorp's Shiller PE Ratio for today is 12.17.

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

CATY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.42   Med: 19.57   Max: 38.59
Current: 12.16

During the past years, Cathay General Bancorp's highest Shiller PE Ratio was 38.59. The lowest was 8.42. And the median was 19.57.

CATY's Shiller PE Ratio is ranked worse than
59.76% of 1168 companies
in the Banks industry
Industry Median: 10.885 vs CATY: 12.16

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.

Cathay General Bancorp's adjusted earnings per share data for the three months ended in Jun. 2024 was $0.920. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.78 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cathay General Bancorp Shiller PE Ratio Historical Data

The historical data trend for Cathay General 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.

Cathay General Bancorp Shiller PE Ratio Chart

Cathay General Bancorp 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 19.34 14.04 15.86 12.72 12.33

Cathay General Bancorp 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 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 9.75 12.33 10.15 9.97 -

Competitive Comparison of Cathay General Bancorp's Shiller PE Ratio

For the Banks - Regional subindustry, Cathay General 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.


Cathay General Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

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



Cathay General 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.

Cathay General Bancorp's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=46.00/3.78
=12.17

* 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.

Cathay General Bancorp's E10 for the quarter that ended in Jun. 2024 is calculated as:

For example, Cathay General Bancorp'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)
=0.92/132.5538*132.5538
=0.920

Current CPI (Jun. 2024) = 132.5538.

Cathay General Bancorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 0.450 100.428 0.594
201412 0.440 99.070 0.589
201503 0.450 99.621 0.599
201506 0.560 100.684 0.737
201509 0.470 100.392 0.621
201512 0.510 99.792 0.677
201603 0.570 100.470 0.752
201606 0.440 101.688 0.574
201609 0.580 101.861 0.755
201612 0.600 101.863 0.781
201703 0.610 102.862 0.786
201706 0.640 103.349 0.821
201709 0.610 104.136 0.776
201712 0.320 104.011 0.408
201803 0.780 105.290 0.982
201806 0.900 106.317 1.122
201809 0.850 106.507 1.058
201812 0.800 105.998 1.000
201903 0.830 107.251 1.026
201906 0.900 108.070 1.104
201909 0.910 108.329 1.113
201912 0.840 108.420 1.027
202003 0.590 108.902 0.718
202006 0.680 108.767 0.829
202009 0.710 109.815 0.857
202012 0.890 109.897 1.073
202103 0.920 111.754 1.091
202106 0.970 114.631 1.122
202109 0.930 115.734 1.065
202112 0.980 117.630 1.104
202203 0.990 121.301 1.082
202206 1.180 125.017 1.251
202209 1.330 125.227 1.408
202212 1.330 125.222 1.408
202303 1.320 127.348 1.374
202306 1.280 128.729 1.318
202309 1.130 129.860 1.153
202312 1.130 129.419 1.157
202403 0.980 131.776 0.986
202406 0.920 132.554 0.920

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.


Cathay General Bancorp  (NAS:CATY) 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.


Cathay General Bancorp Shiller PE Ratio Related Terms

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


Cathay General Bancorp Business Description

Traded in Other Exchanges
Address
777 North Broadway, Los Angeles, CA, USA, 90012
Cathay General Bancorp is a regional bank predominantly serving the Chinese-American community. The company's policy is to reach out and actively offer services to low-to-moderate income groups in the delineated branch service areas. It predominantly provides services such as checking and deposit, lines of credits, commercial and commercial real estate loans, merchant services and payment processing, treasury management services, international banking and financing services, and other customary banking services to individuals, professionals, and small to medium-sized businesses. Through its Wealth Management unit, the company also offers investment products and services, such as stocks, bonds, mutual funds, insurance, annuities, and advisory services.
Executives
Dunson K Cheng director, officer: Chairman & President
Peter Wu director, officer: Executive Vice Chairman/COO
Kim R Bingham officer: EVP - Chief Credit Officer CATHAY BANK, 777 NORTH BROADWAY, LOS ANGELES CA 90012
Anthony M Tang director, officer: EVP
Richard Sun director CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
May K. Chan officer: SVP, General Counsel 9650 FLAIR DRIVE, EL MONTE CA 91731
Shally Wang director 9650 FLAIR DRIVE, EL MONTE CA 91731
Irwin Wong officer: Executive Vice President
Jane H Jelenko director CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
Maan-huei Hung director CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
Lisa L. Kim officer: EVP, General Counsel EAST WEST BANCORP INC, 135 N. LOS ROBLES AVE., 7TH FL, PASADENA CA 91101
Chang Liu officer: EVP, Chief Operating Officer C/O FIRST PACTRUST BANCORP INC, 610 BAY BOULEVARD, CHULA VISTA CA 91910
Kelly L Chan director
Mark Hakjoon Lee officer: EVP, Chief Credit Officer CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
Patrick Lee director

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