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Merchants Bancshares (Merchants Bancshares) Shiller PE Ratio : 21.47 (As of May. 05, 2024)


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What is Merchants Bancshares Shiller PE Ratio?

As of today (2024-05-05), Merchants Bancshares's current share price is $49.80. Merchants Bancshares's E10 for the quarter that ended in Mar. 2017 was $2.32. Merchants Bancshares's Shiller PE Ratio for today is 21.47.

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

MBVT's Shiller PE Ratio is not ranked *
in the Banks industry.
Industry Median: 10.365
* Ranked among companies with meaningful Shiller PE Ratio only.

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.

Merchants Bancshares's adjusted earnings per share data for the three months ended in Mar. 2017 was $0.520. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.32 for the trailing ten years ended in Mar. 2017.

Shiller PE for Stocks: The True Measure of Stock Valuation


Merchants Bancshares Shiller PE Ratio Historical Data

The historical data trend for Merchants Bancshares'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.

Merchants Bancshares Shiller PE Ratio Chart

Merchants Bancshares Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.90 14.73 13.62 14.05 23.61

Merchants Bancshares Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 13.27 13.26 14.05 23.61 20.99

Competitive Comparison of Merchants Bancshares's Shiller PE Ratio

For the Banks - Regional subindustry, Merchants Bancshares'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.


Merchants Bancshares's Shiller PE Ratio Distribution in the Banks Industry

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

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



Merchants Bancshares 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.

Merchants Bancshares's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=49.80/2.32
=21.47

* 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.

Merchants Bancshares's E10 for the quarter that ended in Mar. 2017 is calculated as:

For example, Merchants Bancshares's adjusted earnings per share data for the three months ended in Mar. 2017 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=0.52/102.8622*102.8622
=0.520

Current CPI (Mar. 2017) = 102.8622.

Merchants Bancshares Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200706 0.440 87.906 0.515
200709 0.430 87.964 0.503
200712 0.470 88.616 0.546
200803 0.440 90.090 0.502
200806 0.470 92.320 0.524
200809 0.550 92.307 0.613
200812 0.500 88.697 0.580
200903 0.480 89.744 0.550
200906 0.340 91.003 0.384
200909 0.610 91.120 0.689
200912 0.620 91.111 0.700
201003 0.620 91.821 0.695
201006 0.740 91.962 0.828
201009 0.730 92.162 0.815
201012 0.410 92.474 0.456
201103 0.500 94.283 0.545
201106 0.580 95.235 0.626
201109 0.670 95.727 0.720
201112 0.590 95.213 0.637
201203 0.580 96.783 0.616
201206 0.600 96.819 0.637
201209 0.640 97.633 0.674
201212 0.610 96.871 0.648
201303 0.570 98.209 0.597
201306 0.640 98.518 0.668
201309 0.580 98.790 0.604
201312 0.600 98.326 0.628
201403 0.540 99.695 0.557
201406 0.540 100.560 0.552
201409 0.440 100.428 0.451
201412 0.390 99.070 0.405
201503 0.530 99.621 0.547
201506 0.490 100.684 0.501
201509 0.610 100.392 0.625
201512 0.350 99.792 0.361
201603 0.500 100.470 0.512
201606 0.630 101.688 0.637
201609 0.570 101.861 0.576
201612 0.450 101.863 0.454
201703 0.520 102.862 0.520

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.


Merchants Bancshares  (NAS:MBVT) 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.


Merchants Bancshares Shiller PE Ratio Related Terms

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Merchants Bancshares (Merchants Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
Merchants Bancshares Inc is a bank holding company organized under Vermont law in 1983. Merchants Bank, the Company's primary subsidiary, is a Vermont commercial bank with 32 full-service banking offices located throughout the state of Vermont. The Company, through its subsidiary, offers a full range of deposit, loan, cash management, and trust services to meet the financial needs of individual consumers, businesses and municipalities at 32 full-service banking offices throughout the state of Vermont. Its trust division offers investment management, financial planning and trustee services. The Company competes in Vermont for deposit and loan business not only with other commercial and savings banks, and savings and loan associations, but also with credit unions and other non-bank financial providers. It is subject to extensive regulation and supervision, including, in many cases, regulation that limits the type and scope of its activities.
Executives
Jeffrey L Davis director 275 KENNEDY DRIVE, SOUTH BURLINGTON VT 05403
Pecor Raymond C Iii director 1 KING STREET DOCK, BURLINGTON VT 05401
Richard M Donovan officer: Interim PAO, PFO and Treasurer C/O FIRST SEACOAST BANCORP, 633 CENTRAL AVENUE, DOVER NH 03820
Bruce M Lisman director C/O MERCHANTS BANK, 275 KENNEDY DR, S. BURLINGTON VT 05403
Eric Andrew Segal officer: Interim PAO, PFO and Treasurer 6489 DEERFIELD DRIVE, NEW HOPE PA 18938
Thomas J. Meshako officer: Treasurer and CFO MERCHANTS BANK, P.O. BOX 1009, BURLINGTON VT 05402
John A Kane director C/O MERCHANTS BANCSHARES, INC., 275 KENNEDY DRIVE, SOUTH BURLINGTON VT 05403
F Sheldon Prentice officer: Senior Vice President C/O NBT BANCORP, 52 BROAD STREET, NORWICH NY 13815
Charles A Davis director 1 CAPE MAY ST, 1 CAPE MAY ST, HARRISON NJ 07029

Merchants Bancshares (Merchants Bancshares) Headlines