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Pinnacle Financial Partners (FRA:PFZ) Shiller PE Ratio : 16.10 (As of May. 07, 2024)


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What is Pinnacle Financial Partners Shiller PE Ratio?

As of today (2024-05-07), Pinnacle Financial Partners's current share price is €76.00. Pinnacle Financial Partners's E10 for the quarter that ended in Dec. 2023 was €4.72. Pinnacle Financial Partners's Shiller PE Ratio for today is 16.10.

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

FRA:PFZ' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.87   Med: 34.82   Max: 61.87
Current: 15.99

During the past years, Pinnacle Financial Partners's highest Shiller PE Ratio was 61.87. The lowest was 9.87. And the median was 34.82.

FRA:PFZ's Shiller PE Ratio is ranked worse than
80.83% of 1137 companies
in the Banks industry
Industry Median: 10.39 vs FRA:PFZ: 15.99

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.

Pinnacle Financial Partners's adjusted earnings per share data for the three months ended in Dec. 2023 was €1.091. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €4.72 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pinnacle Financial Partners Shiller PE Ratio Historical Data

The historical data trend for Pinnacle Financial Partners'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.

Pinnacle Financial Partners Shiller PE Ratio Chart

Pinnacle Financial Partners 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 26.47 21.71 25.59 16.12 16.75

Pinnacle Financial Partners 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 11.60 11.31 12.98 16.75 -

Competitive Comparison of Pinnacle Financial Partners's Shiller PE Ratio

For the Banks - Regional subindustry, Pinnacle Financial Partners'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.


Pinnacle Financial Partners's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Pinnacle Financial Partners's Shiller PE Ratio falls into.



Pinnacle Financial Partners 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.

Pinnacle Financial Partners's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=76.00/4.72
=16.10

* 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.

Pinnacle Financial Partners's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Pinnacle Financial Partners'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)
=1.091/129.4194*129.4194
=1.091

Current CPI (Dec. 2023) = 129.4194.

Pinnacle Financial Partners Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.340 99.695 0.441
201406 0.361 100.560 0.465
201409 0.404 100.428 0.521
201412 0.430 99.070 0.562
201503 0.573 99.621 0.744
201506 0.570 100.684 0.733
201509 0.552 100.392 0.712
201512 0.597 99.792 0.774
201603 0.611 100.470 0.787
201606 0.650 101.688 0.827
201609 0.633 101.861 0.804
201612 0.739 101.863 0.939
201703 0.767 102.862 0.965
201706 0.712 103.349 0.892
201709 0.696 104.136 0.865
201712 0.296 104.011 0.368
201803 0.876 105.290 1.077
201806 0.959 106.317 1.167
201809 1.037 106.507 1.260
201812 1.081 105.998 1.320
201903 1.080 107.251 1.303
201906 1.159 108.070 1.388
201909 1.308 108.329 1.563
201912 1.134 108.420 1.354
202003 0.335 108.902 0.398
202006 0.737 108.767 0.877
202009 1.206 109.815 1.421
202012 1.167 109.897 1.374
202103 1.352 111.754 1.566
202106 1.403 114.631 1.584
202109 1.488 115.734 1.664
202112 1.513 117.630 1.665
202203 1.498 121.301 1.598
202206 1.760 125.017 1.822
202209 1.929 125.227 1.994
202212 1.661 125.222 1.717
202303 1.644 127.348 1.671
202306 2.344 128.729 2.357
202309 1.584 129.860 1.579
202312 1.091 129.419 1.091

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.


Pinnacle Financial Partners  (FRA:PFZ) 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.


Pinnacle Financial Partners Shiller PE Ratio Related Terms

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Pinnacle Financial Partners (FRA:PFZ) Business Description

Traded in Other Exchanges
Address
150 Third Avenue South, Suite 900, Nashville, TN, USA, 37201
Pinnacle Financial Partners Inc is a financial holding company. The company operates through its wholly-owned subsidiary, Pinnacle Bank. The bank provides a full range of lending products, including commercial, real estate, and consumer loans to individuals and small to medium-sized businesses. Pinnacle operates as a community bank primarily in the urban markets of Nashville, Knoxville, Memphis, and Chattanooga, Tennessee, as well as surrounding counties. Its strategy relies heavily on mergers and acquisitions. A majority of its loan portfolio is in commercial loans, primarily real estate, as well as industrial loans. The bank generates a majority of its net revenue through net interest income.

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