GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Finward Bancorp (NAS:FNWD) » Definitions » Shiller PE Ratio

Finward Bancorp (Finward Bancorp) Shiller PE Ratio : 6.32 (As of May. 17, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Finward Bancorp Shiller PE Ratio?

As of today (2024-05-17), Finward Bancorp's current share price is $24.66. Finward Bancorp's E10 for the quarter that ended in Dec. 2023 was $3.90. Finward Bancorp's Shiller PE Ratio for today is 6.32.

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

FNWD' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.7   Med: 12.45   Max: 18.15
Current: 6.32

During the past years, Finward Bancorp's highest Shiller PE Ratio was 18.15. The lowest was 4.70. And the median was 12.45.

FNWD's Shiller PE Ratio is ranked better than
82.53% of 1139 companies
in the Banks industry
Industry Median: 10.4 vs FNWD: 6.32

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.

Finward Bancorp's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.350. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Finward Bancorp Shiller PE Ratio Historical Data

The historical data trend for Finward 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.

Finward Bancorp Shiller PE Ratio Chart

Finward 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 15.81 11.30 12.66 9.27 6.47

Finward Bancorp 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 7.37 5.54 5.61 6.47 -

Competitive Comparison of Finward Bancorp's Shiller PE Ratio

For the Banks - Regional subindustry, Finward 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.


Finward Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

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



Finward 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.

Finward Bancorp's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=24.66/3.9
=6.32

* 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.

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

For example, Finward Bancorp'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)
=0.35/129.4194*129.4194
=0.350

Current CPI (Dec. 2023) = 129.4194.

Finward Bancorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.634 99.695 0.823
201406 0.685 100.560 0.882
201409 0.673 100.428 0.867
201412 0.607 99.070 0.793
201503 0.676 99.621 0.878
201506 0.693 100.684 0.891
201509 0.674 100.392 0.869
201512 0.712 99.792 0.923
201603 0.786 100.470 1.012
201606 0.784 101.688 0.998
201609 0.814 101.861 1.034
201612 0.814 101.863 1.034
201703 0.802 102.862 1.009
201706 0.883 103.349 1.106
201709 0.785 104.136 0.976
201712 0.658 104.011 0.819
201803 0.893 105.290 1.098
201806 0.876 106.317 1.066
201809 0.536 106.507 0.651
201812 0.872 105.998 1.065
201903 0.644 107.251 0.777
201906 1.165 108.070 1.395
201909 1.037 108.329 1.239
201912 0.659 108.420 0.787
202003 0.922 108.902 1.096
202006 1.401 108.767 1.667
202009 1.353 109.815 1.595
202012 0.995 109.897 1.172
202103 1.306 111.754 1.512
202106 1.026 114.631 1.158
202109 1.017 115.734 1.137
202112 0.950 117.630 1.045
202203 0.530 121.301 0.565
202206 1.040 125.017 1.077
202209 1.070 125.227 1.106
202212 0.930 125.222 0.961
202303 0.510 127.348 0.518
202306 0.570 128.729 0.573
202309 0.510 129.860 0.508
202312 0.350 129.419 0.350

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.


Finward Bancorp  (NAS:FNWD) 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.


Finward Bancorp Shiller PE Ratio Related Terms

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


Finward Bancorp (Finward Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
9204 Columbia Avenue, Munster, IN, USA, 46321
Finward Bancorp is a bank holding company, which engages in the provision of financial services. It offers products and services related to Personal Banking, Cash Management, Saving Account, ebanking, Wealth Management, and Insurance Services. It is primarily engaged in the business of attracting deposits from the general public and the origination of loans, mostly upon the security of single-family residences and commercial real estate, construction loans, commercial business loans, and municipal loans. Geographically, the activities are carried out through the United States.
Executives
David A Bochnowski director, 10 percent owner, officer: Chief Executive Officer 9204 COLUMBIA AVENUE, MUNSTER IN 46321
Peymon Torabi officer: Senior Vice President 9204 COLUMBIA AVENUE, MUNSTER IN 46321
Robert T Lowry officer: Executive Vice President 9204 COLUMBIA AVENUE, MUNSTER IN 46321
Amy Wong Han director 1008 KILLARNEY DRIVE, DYER IN 46321
Benjamin J Bochnowski officer: EVP 9204 COLUMBIA AVENUE, MUNSTER IN 46321
Robert W. Youman director 129 THATCHER AVE., RIVER FOREST IL 60305
James L Wieser director 13304 LAKESHORE DRIVE, UNIT 202, CEDAR LAKE IN 46303
Johnson Robert E. Iii director 9204 COLUMBIA AVENUE, MUNSTER IN 46321
Todd M. Scheub officer: Executive Vice President 9204 COLUMBIA AVENUE, MUNSTER IN 46321
Leane English Cerven officer: Vice President 9204 COLUMBIA AVENUE, MUNSTER IN 46321
Danette Garza director 9204 COLUMBIA AVENUE, MUNSTER IN 46321
Jillonda Washington officer: Senior Vice President 9204 COLUMBIA AVENUE, MUNSTER IN 46321
Kleek Joshua Van officer: Vice President 9204 COLUMBIA AVENUE, MUNSTER IN 46321
Tanya A. Leetz officer: Executive Vice President 9204 COLUMBIA AVENUE, MUNSTER IN 46321
Donald P Fesko director 9204 COLUMBIA AVENUE, MUNSTER IN 46321

Finward Bancorp (Finward Bancorp) Headlines