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Territorial Bancorp (FRA:9TB) Shiller PE Ratio : 3.92 (As of May. 05, 2024)


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What is Territorial Bancorp Shiller PE Ratio?

As of today (2024-05-05), Territorial Bancorp's current share price is €7.30. Territorial Bancorp's E10 for the quarter that ended in Dec. 2023 was €1.86. Territorial Bancorp's Shiller PE Ratio for today is 3.92.

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

FRA:9TB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.36   Med: 13.41   Max: 24.32
Current: 3.94

During the past years, Territorial Bancorp's highest Shiller PE Ratio was 24.32. The lowest was 3.36. And the median was 13.41.

FRA:9TB's Shiller PE Ratio is ranked better than
93.66% of 1136 companies
in the Banks industry
Industry Median: 10.365 vs FRA:9TB: 3.94

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.

Territorial Bancorp's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.037. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.86 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Territorial Bancorp Shiller PE Ratio Historical Data

The historical data trend for Territorial 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.

Territorial Bancorp Shiller PE Ratio Chart

Territorial 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 18.14 13.24 12.67 11.33 5.43

Territorial Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.33 9.05 5.77 4.32 5.43

Competitive Comparison of Territorial Bancorp's Shiller PE Ratio

For the Banks - Regional subindustry, Territorial 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.


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

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

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



Territorial 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.

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

Shiller PE Ratio=Share Price/ E10
=7.30/1.86
=3.92

* 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.

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

For example, Territorial 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)
=0.037/129.4194*129.4194
=0.037

Current CPI (Dec. 2023) = 129.4194.

Territorial Bancorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.268 99.695 0.348
201406 0.294 100.560 0.378
201409 0.287 100.428 0.370
201412 0.300 99.070 0.392
201503 0.351 99.621 0.456
201506 0.365 100.684 0.469
201509 0.356 100.392 0.459
201512 0.367 99.792 0.476
201603 0.368 100.470 0.474
201606 0.383 101.688 0.487
201609 0.392 101.861 0.498
201612 0.436 101.863 0.554
201703 0.430 102.862 0.541
201706 0.401 103.349 0.502
201709 0.369 104.136 0.459
201712 0.194 104.011 0.241
201803 0.414 105.290 0.509
201806 0.454 106.317 0.553
201809 0.437 106.507 0.531
201812 0.439 105.998 0.536
201903 0.620 107.251 0.748
201906 0.478 108.070 0.572
201909 0.518 108.329 0.619
201912 0.486 108.420 0.580
202003 0.434 108.902 0.516
202006 0.417 108.767 0.496
202009 0.399 109.815 0.470
202012 0.493 109.897 0.581
202103 0.462 111.754 0.535
202106 0.365 114.631 0.412
202109 0.391 115.734 0.437
202112 0.407 117.630 0.448
202203 0.472 121.301 0.504
202206 0.435 125.017 0.450
202209 0.444 125.227 0.459
202212 0.368 125.222 0.380
202303 0.243 127.348 0.247
202306 0.157 128.729 0.158
202309 0.094 129.860 0.094
202312 0.037 129.419 0.037

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.


Territorial Bancorp  (FRA:9TB) 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.


Territorial Bancorp Shiller PE Ratio Related Terms

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


Territorial Bancorp (FRA:9TB) Business Description

Traded in Other Exchanges
Address
1003 Bishop Street, Suite 500, Pauahi Tower, Honolulu, HI, USA, 96813
Territorial Bancorp Inc operates as a bank holding company. It offers a wide variety of FDIC-insured deposit products and loan products for the consumer and small businesses. Its business consists primarily of accepting deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in one-to four-family residential mortgage loans and investment securities. Its loan segment portfolio consists of Residential Mortgage; Construction, Commercial, and Other Mortgage Loans; Home Equity loans & line of credit; and Consumer & others.

Territorial Bancorp (FRA:9TB) Headlines

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