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First Financial Holding Co (TPE:2892) Shiller PE Ratio : 18.06 (As of May. 22, 2024)


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What is First Financial Holding Co Shiller PE Ratio?

As of today (2024-05-22), First Financial Holding Co's current share price is NT$28.35. First Financial Holding Co's E10 for the quarter that ended in Dec. 2023 was NT$1.57. First Financial Holding Co's Shiller PE Ratio for today is 18.06.

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

TPE:2892' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.1   Med: 17.29   Max: 20.2
Current: 17.84

During the past years, First Financial Holding Co's highest Shiller PE Ratio was 20.20. The lowest was 15.10. And the median was 17.29.

TPE:2892's Shiller PE Ratio is ranked worse than
85.96% of 1140 companies
in the Banks industry
Industry Median: 10.345 vs TPE:2892: 17.84

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.

First Financial Holding Co's adjusted earnings per share data for the three months ended in Dec. 2023 was NT$0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$1.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Financial Holding Co Shiller PE Ratio Historical Data

The historical data trend for First Financial Holding Co'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.

First Financial Holding Co Shiller PE Ratio Chart

First Financial Holding Co 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 19.19 16.87 17.34 17.45 17.43

First Financial Holding Co 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 17.45 16.93 17.37 16.90 17.43

Competitive Comparison of First Financial Holding Co's Shiller PE Ratio

For the Banks - Regional subindustry, First Financial Holding Co'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.


First Financial Holding Co's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where First Financial Holding Co's Shiller PE Ratio falls into.



First Financial Holding Co 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.

First Financial Holding Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=28.35/1.57
=18.06

* 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.

First Financial Holding Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, First Financial Holding Co'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)
=0.25/129.4194*129.4194
=0.250

Current CPI (Dec. 2023) = 129.4194.

First Financial Holding Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.308 99.695 0.400
201406 0.354 100.560 0.456
201409 0.295 100.428 0.380
201412 0.202 99.070 0.264
201503 0.353 99.621 0.459
201506 0.328 100.684 0.422
201509 0.325 100.392 0.419
201512 0.290 99.792 0.376
201603 0.325 100.470 0.419
201606 0.317 101.688 0.403
201609 0.341 101.861 0.433
201612 0.287 101.863 0.365
201703 0.323 102.862 0.406
201706 0.386 103.349 0.483
201709 0.380 104.136 0.472
201712 0.036 104.011 0.045
201803 0.335 105.290 0.412
201806 0.362 106.317 0.441
201809 0.348 106.507 0.423
201812 0.220 105.998 0.269
201903 0.357 107.251 0.431
201906 0.366 108.070 0.438
201909 0.405 108.329 0.484
201912 0.292 108.420 0.349
202003 0.217 108.902 0.258
202006 0.424 108.767 0.505
202009 0.343 109.815 0.404
202012 0.257 109.897 0.303
202103 0.371 111.754 0.430
202106 0.419 114.631 0.473
202109 0.408 115.734 0.456
202112 0.233 117.630 0.256
202203 0.359 121.301 0.383
202206 0.379 125.017 0.392
202209 0.450 125.227 0.465
202212 0.300 125.222 0.310
202303 0.485 127.348 0.493
202306 0.466 128.729 0.469
202309 0.430 129.860 0.429
202312 0.250 129.419 0.250

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.


First Financial Holding Co  (TPE:2892) 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.


First Financial Holding Co Shiller PE Ratio Related Terms

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First Financial Holding Co (TPE:2892) Business Description

Traded in Other Exchanges
N/A
Address
No. 30, Chongqing South Road, 18th Floor, Section 1, Taipei, TWN, 100
First Financial Holding Co Ltd is a financial services holding company that consists of various subsidiaries. Most of the company's activities are overwhelmingly concentrated in Taiwan. Its largest revenue-contributing subsidiary, First Bank, derives most of its net revenue from net interest income. First Bank's expansion strategy targets China and Southeast Asia, as well as developed economies across the globe. First Bank emphasizes distribution chain financing and has adjusted its loan portfolio away from capital-intensive lending, together with a focus on fee-based businesses. The company also engages in asset management, securities trading, brokerage services, insurance, venture capital, consulting, and distressed asset investing.

First Financial Holding Co (TPE:2892) Headlines

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