GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Standard Chartered PLC (HKSE:02888) » Definitions » Shiller PE Ratio

Standard Chartered (HKSE:02888) Shiller PE Ratio : 7.34 (As of May. 04, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Standard Chartered Shiller PE Ratio?

As of today (2024-05-04), Standard Chartered's current share price is HK$74.00. Standard Chartered's E10 for the quarter that ended in Mar. 2024 was HK$10.08. Standard Chartered's Shiller PE Ratio for today is 7.34.

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

HKSE:02888' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.67   Med: 4.62   Max: 7.48
Current: 7.48

During the past years, Standard Chartered's highest Shiller PE Ratio was 7.48. The lowest was 2.67. And the median was 4.62.

HKSE:02888's Shiller PE Ratio is ranked better than
76.76% of 1136 companies
in the Banks industry
Industry Median: 10.365 vs HKSE:02888: 7.48

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.

Standard Chartered's adjusted earnings per share data for the three months ended in Mar. 2024 was HK$3.552. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$10.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Standard Chartered Shiller PE Ratio Historical Data

The historical data trend for Standard Chartered'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.

Standard Chartered Shiller PE Ratio Chart

Standard Chartered 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 5.55 3.78 3.65 5.18 6.32

Standard Chartered 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 5.16 5.79 6.78 6.32 6.65

Competitive Comparison of Standard Chartered's Shiller PE Ratio

For the Banks - Diversified subindustry, Standard Chartered'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.


Standard Chartered's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Standard Chartered's Shiller PE Ratio falls into.



Standard Chartered 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.

Standard Chartered's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=74.00/10.08
=7.34

* 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.

Standard Chartered's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Standard Chartered's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.552/130.0000*130.0000
=3.552

Current CPI (Mar. 2024) = 130.0000.

Standard Chartered Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200912 4.788 88.900 7.002
201006 7.013 90.200 10.107
201012 7.280 91.700 10.321
201106 7.825 93.500 10.880
201112 6.854 95.000 9.379
201206 8.603 95.600 11.699
201212 5.990 97.300 8.003
201306 6.448 98.000 8.553
201312 5.586 99.200 7.320
201406 6.935 99.800 9.034
201412 0.561 99.900 0.730
201506 4.303 100.100 5.588
201512 -11.440 100.400 -14.813
201606 1.094 101.000 1.408
201612 -2.219 102.200 -2.823
201706 2.277 103.500 2.860
201712 -0.469 105.000 -0.581
201806 3.155 105.900 3.873
201812 -1.720 107.100 -2.088
201903 1.813 107.000 2.203
201906 1.127 107.900 1.358
201909 1.747 108.400 2.095
201912 -0.273 108.500 -0.327
202003 1.149 108.600 1.375
202006 0.829 108.800 0.991
202009 0.294 109.200 0.350
202012 -1.496 109.400 -1.778
202103 2.493 109.700 2.954
202106 1.692 111.400 1.975
202109 1.595 112.400 1.845
202112 -1.115 114.700 -1.264
202203 2.668 116.500 2.977
202206 2.111 120.500 2.277
202209 2.512 122.300 2.670
202212 -0.693 125.300 -0.719
202303 3.124 126.800 3.203
202306 2.671 129.400 2.683
202309 -0.055 130.100 -0.055
202312 2.569 130.000 2.569
202403 3.552 130.000 3.552

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.


Standard Chartered  (HKSE:02888) 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.


Standard Chartered Shiller PE Ratio Related Terms

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


Standard Chartered (HKSE:02888) Business Description

Address
1 Basinghall Avenue, London, GBR, EC2V 5DD
Standard Chartered Bank was established in 1853 by Royal Charter in the United Kingdom, with the holding company Standard Chartered PLC incorporated in 1969. The bank is domiciled in the U.K. and provides banking services across 60 countries, primarily in Asia, Africa, the Middle East, and the United Kingdom. The bulk of the business is in corporate and transaction banking, financial markets, and corporate finance. The bank has strong retail franchises focusing on the affluent segment in Hong Kong, Singapore, and certain countries in Africa. The bank has also launched a ventures division to focus on financial technology, including digital banks in Hong Kong and Singapore, online payment, and digital assets.

Standard Chartered (HKSE:02888) Headlines

No Headlines