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Midland States Bancorp (FRA:6HU) Shiller PE Ratio : 8.77 (As of Jun. 03, 2024)


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What is Midland States Bancorp Shiller PE Ratio?

As of today (2024-06-03), Midland States Bancorp's current share price is €20.60. Midland States Bancorp's E10 for the quarter that ended in Mar. 2024 was €2.35. Midland States Bancorp's Shiller PE Ratio for today is 8.77.

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

FRA:6HU' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.96   Med: 9.24   Max: 10.95
Current: 8.85

During the past years, Midland States Bancorp's highest Shiller PE Ratio was 10.95. The lowest was 7.96. And the median was 9.24.

FRA:6HU's Shiller PE Ratio is ranked better than
61.96% of 1141 companies
in the Banks industry
Industry Median: 10.11 vs FRA:6HU: 8.85

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.

Midland States Bancorp's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.488. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Midland States Bancorp Shiller PE Ratio Historical Data

The historical data trend for Midland States Bancorp'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.

Midland States Bancorp Shiller PE Ratio Chart

Midland States Bancorp 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 - - - - 10.88

Midland States Bancorp 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 - 7.97 8.12 10.88 9.79

Competitive Comparison of Midland States Bancorp's Shiller PE Ratio

For the Banks - Regional subindustry, Midland States Bancorp'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.


Midland States Bancorp's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Midland States Bancorp's Shiller PE Ratio falls into.



Midland States Bancorp 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.

Midland States Bancorp's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=20.60/2.35
=8.77

* 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.

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

For example, Midland States Bancorp'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)
=0.488/131.7762*131.7762
=0.488

Current CPI (Mar. 2024) = 131.7762.

Midland States Bancorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201103 0.155 94.283 0.217
201312 0.000 98.326 0.000
201412 0.000 99.070 0.000
201503 0.406 99.621 0.537
201506 0.397 100.684 0.520
201509 0.205 100.392 0.269
201512 0.473 99.792 0.625
201603 0.308 100.470 0.404
201606 0.445 101.688 0.577
201609 0.454 101.861 0.587
201612 0.702 101.863 0.908
201703 0.486 102.862 0.623
201706 0.178 103.349 0.227
201709 0.084 104.136 0.106
201712 0.068 104.011 0.086
201803 0.065 105.290 0.081
201806 0.445 106.317 0.552
201809 0.300 106.507 0.371
201812 0.598 105.998 0.743
201903 0.504 107.251 0.619
201906 0.593 108.070 0.723
201909 0.463 108.329 0.563
201912 0.459 108.420 0.558
202003 0.054 108.902 0.065
202006 0.471 108.767 0.571
202009 0.001 109.815 0.001
202012 0.296 109.897 0.355
202103 0.680 111.754 0.802
202106 0.730 114.631 0.839
202109 0.731 115.734 0.832
202112 0.903 117.630 1.012
202203 0.835 121.301 0.907
202206 0.918 125.017 0.968
202209 1.050 125.227 1.105
202212 1.237 125.222 1.302
202303 0.803 127.348 0.831
202306 0.794 128.729 0.813
202309 0.665 129.860 0.675
202312 0.495 129.419 0.504
202403 0.488 131.776 0.488

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.


Midland States Bancorp  (FRA:6HU) 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.


Midland States Bancorp Shiller PE Ratio Related Terms

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


Midland States Bancorp (FRA:6HU) Business Description

Traded in Other Exchanges
Address
1201 Network Centre Drive, Effingham, IL, USA, 62401
Midland States Bancorp Inc is a diversified financial holding company. The company provides a full range of commercial and consumer banking products and services, business equipment financing, merchant credit card services, trust and investment management, and insurance and financial planning services. The Banking segment provides a wide range of financial products and services to consumers and businesses, including commercial, commercial real estate, mortgage and other consumer loan products; commercial equipment financing; mortgage loan sales and servicing; letters of credit. etc. The Wealth Management segment consists of trust and fiduciary services, brokerage and retirement planning services. The Other segment includes the operating results of the parent company.

Midland States Bancorp (FRA:6HU) Headlines

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