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Credicorp (LIM:BAP) Shiller PE Ratio : 12.15 (As of May. 08, 2024)


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What is Credicorp Shiller PE Ratio?

As of today (2024-05-08), Credicorp's current share price is $169.00. Credicorp's E10 for the quarter that ended in Dec. 2023 was $13.91. Credicorp's Shiller PE Ratio for today is 12.15.

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

LIM:BAP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.73   Med: 21.71   Max: 35.02
Current: 12.16

During the past years, Credicorp's highest Shiller PE Ratio was 35.02. The lowest was 8.73. And the median was 21.71.

LIM:BAP's Shiller PE Ratio is ranked worse than
64.47% of 1137 companies
in the Banks industry
Industry Median: 10.39 vs LIM:BAP: 12.16

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.

Credicorp's adjusted earnings per share data for the three months ended in Dec. 2023 was $2.833. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $13.91 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Credicorp Shiller PE Ratio Historical Data

The historical data trend for Credicorp'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.

Credicorp Shiller PE Ratio Chart

Credicorp 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 20.80 16.67 10.94 10.80 10.74

Credicorp 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 10.80 10.15 10.86 9.20 10.74

Competitive Comparison of Credicorp's Shiller PE Ratio

For the Banks - Regional subindustry, Credicorp'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.


Credicorp's Shiller PE Ratio Distribution in the Banks Industry

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

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



Credicorp 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.

Credicorp's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=169.00/13.91
=12.15

* 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.

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

For example, Credicorp'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)
=2.833/129.4194*129.4194
=2.833

Current CPI (Dec. 2023) = 129.4194.

Credicorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 2.221 99.695 2.883
201406 1.961 100.560 2.524
201409 2.165 100.428 2.790
201412 1.662 99.070 2.171
201503 2.700 99.621 3.508
201506 2.513 100.684 3.230
201509 2.708 100.392 3.491
201512 2.454 99.792 3.183
201603 2.670 100.470 3.439
201606 2.933 101.688 3.733
201609 3.187 101.861 4.049
201612 3.002 101.863 3.814
201703 2.983 102.862 3.753
201706 3.088 103.349 3.867
201709 4.086 104.136 5.078
201712 3.569 104.011 4.441
201803 3.482 105.290 4.280
201806 3.280 106.317 3.993
201809 3.393 106.507 4.123
201812 3.221 105.998 3.933
201903 3.703 107.251 4.468
201906 3.685 108.070 4.413
201909 3.667 108.329 4.381
201912 3.264 108.420 3.896
202003 0.702 108.902 0.834
202006 -2.091 108.767 -2.488
202009 0.352 109.815 0.415
202012 2.200 109.897 2.591
202103 3.813 111.754 4.416
202106 2.354 114.631 2.658
202109 3.916 115.734 4.379
202112 3.559 117.630 3.916
202203 3.943 121.301 4.207
202206 3.845 125.017 3.980
202209 4.451 125.227 4.600
202212 3.607 125.222 3.728
202303 4.659 127.348 4.735
202306 4.714 128.729 4.739
202309 4.166 129.860 4.152
202312 2.833 129.419 2.833

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.


Credicorp  (LIM:BAP) 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.


Credicorp Shiller PE Ratio Related Terms

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


Credicorp (LIM:BAP) Business Description

Traded in Other Exchanges
Address
Calle Centenario 156, La Molina, Lima, PER, 12
Credicorp Ltd is a financial services company in Peru. The company is involved mainly in commercial banking, providing trade finance, corporate finance, and leasing services. It also offers insurance for commercial property, transportation, automobile, life, health, and investment banking services: brokerage services, asset management, trust, custody and securitization services, trading and investment, and pension fund business. The company operates the following subsidiaries: Banco de Credito del Peru, Atlantic Security Bank, Prima AFP, El Pacifico-Peruano Suiza Compania de Seguros y Reaseguros, Credicorp Capital, and BCP Bolivia.

Credicorp (LIM:BAP) Headlines

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