GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Hawaiian Inc (NAS:FHB) » Definitions » Shiller PE Ratio

First Hawaiian (First Hawaiian) Shiller PE Ratio : 10.41 (As of May. 20, 2024)


View and export this data going back to 2016. Start your Free Trial

What is First Hawaiian Shiller PE Ratio?

As of today (2024-05-20), First Hawaiian's current share price is $21.44. First Hawaiian's E10 for the fiscal year that ended in Dec23 was $2.06. First Hawaiian's Shiller PE Ratio for today is 10.41.

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

FHB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.1   Med: 10.41   Max: 10.82
Current: 10.41

During the past 10 years, First Hawaiian's highest Shiller PE Ratio was 10.82. The lowest was 10.10. And the median was 10.41.

FHB's Shiller PE Ratio is ranked worse than
52.46% of 1140 companies
in the Banks industry
Industry Median: 10.405 vs FHB: 10.41

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.

First Hawaiian's adjusted earnings per share data of for the fiscal year that ended in Dec23 was $1.840. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.06 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Hawaiian Shiller PE Ratio Historical Data

The historical data trend for First Hawaiian'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.

First Hawaiian Shiller PE Ratio Chart

First Hawaiian 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 - - - - 11.11

First Hawaiian 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 - - - 11.11 -

Competitive Comparison of First Hawaiian's Shiller PE Ratio

For the Banks - Regional subindustry, First Hawaiian'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.


First Hawaiian's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where First Hawaiian's Shiller PE Ratio falls into.



First Hawaiian 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.

First Hawaiian's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=21.44/2.06
=10.41

* 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.

First Hawaiian's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, First Hawaiian's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.84/129.4194*129.4194
=1.840

Current CPI (Dec23) = 129.4194.

First Hawaiian Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 1.550 99.070 2.025
201512 1.533 99.792 1.988
201612 1.650 101.863 2.096
201712 1.320 104.011 1.642
201812 1.930 105.998 2.356
201912 2.130 108.420 2.543
202012 1.430 109.897 1.684
202112 2.050 117.630 2.255
202212 2.080 125.222 2.150
202312 1.840 129.419 1.840

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.


First Hawaiian  (NAS:FHB) 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.


First Hawaiian Shiller PE Ratio Related Terms

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


First Hawaiian (First Hawaiian) Business Description

Traded in Other Exchanges
N/A
Address
999 Bishop Street, 29th Floor, Honolulu, HI, USA, 96813
First Hawaiian Inc is a bank holding company. It provides a diversified range of banking services to consumer and commercial customers, including deposit products, lending services, and wealth management and trust services. The company offers a variety of deposit products to its customers, including checking and savings accounts and other types of deposit accounts. It provides commercial and industrial lending, including auto dealer flooring, commercial real estate and construction lending. It also offers comprehensive consumer lending services focused on residential real estate lending, indirect auto financing and other consumer loans. Its segments are Retail Banking, Commercial Banking and Treasury and Other of which key revenue is derived from Retail Banking.
Executives
Christopher L Dods officer: Vice Ch & Chief Operating Ofcr 352 WAILUPE CIRCLE, HONOLULU HI 96821
Darlene N. Blakeney officer: EVP & CHIEF LENDING OFFICER 44-656 B KANEOHE BAY DRIVE, KANEOHE HI 96744
Lea M. Nakamura officer: EVP & CHIEF RISK OFFICER 99-667 POHUE STREET, AIEA HI 96701
Robert S Harrison director, officer: Chairman of the Board and CEO 999 BISHOP STREET, HONOLULU HI 96813
James M Moses officer: VICE CH & CHIEF FINANCIAL OFCR 999 BISHOP STREET, HONOLULU HI 96813
Mark M Mugiishi director 1177 QUEEN STREET PH2, HONOLULU HI 96814
Michael K Fujimoto director 16-166 MELEKAHIWA STREET, KEAAU HI 96749-8016
Ravi Mallela officer: Exec VP, CFO & Treasurer C/O NMI HOLDINGS, INC. (NATIONAL MI), 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Jim Moffatt director 1423 GARFIELD AVE., SOUTH PASADENA CA 91030
Kelly Ann Thompson director 921 LINCOLN PL, PACIFICA CA 94044
Neill Char officer: Executive VP 266 PUIWA ROAD, HONOLULU HI 96817
Vanessa L Washington director CATELLUS DEVELOPEMENT CORP, 201 MISSION STREET 2ND FL, SAN FRANCISCO CA 94105-1832
Mitchell Nishimoto officer: Exec VP & Manager 2121 KEEAUMOKU STREET, HONOLULU HI 96822
Paribas Bnp director, 10 percent owner 3 RUE D'ANTIN, PARIS I0 75002
Craig Scott Wo director 702 SOUTH BERETANIA STREET, HONOLULU HI 96813