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Svenska Handelsbanken AB (Svenska Handelsbanken AB) Shiller PE Ratio : 8.53 (As of May. 26, 2024)


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What is Svenska Handelsbanken AB Shiller PE Ratio?

As of today (2024-05-26), Svenska Handelsbanken AB's current share price is $4.52. Svenska Handelsbanken AB's E10 for the quarter that ended in Mar. 2024 was $0.53. Svenska Handelsbanken AB's Shiller PE Ratio for today is 8.53.

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

SVNLY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.85   Med: 9.52   Max: 11.7
Current: 8.59

During the past years, Svenska Handelsbanken AB's highest Shiller PE Ratio was 11.70. The lowest was 6.85. And the median was 9.52.

SVNLY's Shiller PE Ratio is ranked better than
63.74% of 1139 companies
in the Banks industry
Industry Median: 10.13 vs SVNLY: 8.59

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.

Svenska Handelsbanken AB's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Svenska Handelsbanken AB Shiller PE Ratio Historical Data

The historical data trend for Svenska Handelsbanken AB'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.

Svenska Handelsbanken AB Shiller PE Ratio Chart

Svenska Handelsbanken AB 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 8.73 8.96 10.91 10.20 9.70

Svenska Handelsbanken AB 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 8.57 8.38 8.86 9.70 9.52

Competitive Comparison of Svenska Handelsbanken AB's Shiller PE Ratio

For the Banks - Diversified subindustry, Svenska Handelsbanken AB'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.


Svenska Handelsbanken AB's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Svenska Handelsbanken AB's Shiller PE Ratio falls into.



Svenska Handelsbanken AB 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.

Svenska Handelsbanken AB's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.52/0.53
=8.53

* 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.

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

For example, Svenska Handelsbanken AB'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)
=0.16/132.2054*132.2054
=0.160

Current CPI (Mar. 2024) = 132.2054.

Svenska Handelsbanken AB Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.156 100.432 0.205
201409 0.140 100.161 0.185
201412 0.113 100.225 0.149
201503 0.118 99.950 0.156
201506 0.129 99.995 0.171
201509 0.115 100.228 0.152
201512 0.136 100.276 0.179
201603 0.124 100.751 0.163
201606 0.129 101.019 0.169
201609 0.136 101.138 0.178
201612 0.096 102.022 0.124
201703 0.118 102.022 0.153
201706 0.119 102.752 0.153
201709 0.133 103.279 0.170
201712 0.114 103.793 0.145
201803 0.124 103.962 0.158
201806 0.151 104.875 0.190
201809 0.117 105.679 0.146
201812 0.113 105.912 0.141
201903 0.130 105.886 0.162
201906 0.114 106.742 0.141
201909 0.093 107.214 0.115
201912 0.118 107.766 0.145
202003 0.101 106.563 0.125
202006 0.107 107.498 0.132
202009 0.095 107.635 0.117
202012 0.132 108.296 0.161
202103 0.129 108.360 0.157
202106 0.142 108.928 0.172
202109 0.152 110.338 0.182
202112 0.145 112.486 0.170
202203 0.150 114.825 0.173
202206 0.106 118.384 0.118
202209 0.134 122.296 0.145
202212 0.146 126.365 0.153
202303 0.164 127.042 0.171
202306 0.167 129.407 0.171
202309 0.181 130.224 0.184
202312 0.178 131.912 0.178
202403 0.160 132.205 0.160

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.


Svenska Handelsbanken AB  (OTCPK:SVNLY) 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.


Svenska Handelsbanken AB Shiller PE Ratio Related Terms

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Svenska Handelsbanken AB (Svenska Handelsbanken AB) Business Description

Address
Kungstradgardsgatan 2, Stockholm, SWE, SE-106 70
Handelsbanken is one of the largest Swedish banks with significant exposure to the Swedish mortgage market; about 44% of total loans are tied to the Swedish real estate market. Outside of Sweden, the bank operates primarily in the U.K. and Netherlands. Handelsbanken generates about three fourths of its income through its interest spread-based business, including mortgages, household loans, and corporate loans to large and small enterprises. The bank increasingly offers asset-management, mutual fund and private banking services to its clients.

Svenska Handelsbanken AB (Svenska Handelsbanken AB) Headlines

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