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Barclays (LSE:BARC) Shiller PE Ratio : 15.28 (As of May. 11, 2024)


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What is Barclays Shiller PE Ratio?

As of today (2024-05-11), Barclays's current share price is £2.1395. Barclays's E10 for the quarter that ended in Mar. 2024 was £0.14. Barclays's Shiller PE Ratio for today is 15.28.

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

LSE:BARC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.09   Med: 12.77   Max: 47.3
Current: 15.3

During the past years, Barclays's highest Shiller PE Ratio was 47.30. The lowest was 5.09. And the median was 12.77.

LSE:BARC's Shiller PE Ratio is ranked worse than
78.15% of 1135 companies
in the Banks industry
Industry Median: 10.37 vs LSE:BARC: 15.30

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.

Barclays's adjusted earnings per share data for the three months ended in Mar. 2024 was £0.103. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is £0.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barclays Shiller PE Ratio Historical Data

The historical data trend for Barclays'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.

Barclays Shiller PE Ratio Chart

Barclays 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 26.96 33.26 27.87 14.26 11.19

Barclays 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 12.61 11.98 11.97 11.19 13.10

Competitive Comparison of Barclays's Shiller PE Ratio

For the Banks - Diversified subindustry, Barclays'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.


Barclays's Shiller PE Ratio Distribution in the Banks Industry

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

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



Barclays 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.

Barclays's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.1395/0.14
=15.28

* 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.

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

For example, Barclays'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)
=0.103/130.0000*130.0000
=0.103

Current CPI (Mar. 2024) = 130.0000.

Barclays Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.010 99.800 0.013
201409 0.022 100.000 0.029
201412 -0.102 99.900 -0.133
201503 0.029 99.600 0.038
201506 0.068 100.100 0.088
201509 0.023 100.200 0.030
201512 -0.144 100.400 -0.186
201603 0.027 100.400 0.035
201606 0.042 101.000 0.054
201609 0.021 101.500 0.027
201612 0.008 102.200 0.010
201703 0.013 102.700 0.016
201706 -0.082 103.500 -0.103
201709 0.034 104.300 0.042
201712 -0.073 105.000 -0.090
201803 -0.042 105.100 -0.052
201806 0.075 105.900 0.092
201809 0.061 106.600 0.074
201812 -0.001 107.100 -0.001
201903 0.061 107.000 0.074
201906 0.060 107.900 0.072
201909 -0.017 108.400 -0.020
201912 0.039 108.500 0.047
202003 0.035 108.600 0.042
202006 0.005 108.800 0.006
202009 0.035 109.200 0.042
202012 0.012 109.400 0.014
202103 0.099 109.700 0.117
202106 0.120 111.400 0.140
202109 0.085 112.400 0.098
202112 0.064 114.700 0.073
202203 0.084 116.500 0.094
202206 0.064 120.500 0.069
202209 0.094 122.300 0.100
202212 0.065 125.300 0.067
202303 0.113 126.800 0.116
202306 0.085 129.400 0.085
202309 0.083 130.100 0.083
202312 -0.007 130.000 -0.007
202403 0.103 130.000 0.103

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.


Barclays  (LSE:BARC) 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.


Barclays Shiller PE Ratio Related Terms

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


Barclays (LSE:BARC) Business Description

Address
1 Churchill Place, London, GBR, E14 5HP
Barclays is a universal bank headquartered in the United Kingdom. It operates via two principal segments; U.K. (38% of profit before tax) and International (71% of PBT). In its U.K. segment, the bank provides current accounts, mortgages, savings and investment management services, credit cards, and business banking services to retail clients and small and medium-size enterprises. The international segment includes a corporate bank offering banking solutions to large corporates, a bulge-bracket global investment bank, and a credit card and payments business. In 2022, Barclays generated roughly 60% of its income from the U.K. and 25% from the United States.

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