GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Popular Inc (NAS:BPOP) » Definitions » Shiller PE Ratio

BPOP (Popular) Shiller PE Ratio : 11.97 (As of Oct. 10, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Popular Shiller PE Ratio?

As of today (2024-10-10), Popular's current share price is $96.50. Popular's E10 for the quarter that ended in Jun. 2024 was $8.06. Popular's Shiller PE Ratio for today is 11.97.

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

BPOP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.56   Med: 13.21   Max: 23.77
Current: 11.97

During the past years, Popular's highest Shiller PE Ratio was 23.77. The lowest was 7.56. And the median was 13.21.

BPOP's Shiller PE Ratio is ranked worse than
59.5% of 1168 companies
in the Banks industry
Industry Median: 10.725 vs BPOP: 11.97

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.

Popular's adjusted earnings per share data for the three months ended in Jun. 2024 was $2.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $8.06 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Popular Shiller PE Ratio Historical Data

The historical data trend for Popular'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.

Popular Shiller PE Ratio Chart

Popular 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 19.15 14.27 15.72 9.85 11.80

Popular Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 8.53 8.93 11.80 12.38 10.97

Competitive Comparison of Popular's Shiller PE Ratio

For the Banks - Regional subindustry, Popular'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.


Popular's Shiller PE Ratio Distribution in the Banks Industry

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

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



Popular 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.

Popular's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=96.50/8.06
=11.97

* 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.

Popular's E10 for the quarter that ended in Jun. 2024 is calculated as:

For example, Popular's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=2.46/132.5538*132.5538
=2.460

Current CPI (Jun. 2024) = 132.5538.

Popular Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 0.600 100.428 0.792
201412 0.500 99.070 0.669
201503 0.720 99.621 0.958
201506 5.790 100.684 7.623
201509 0.820 100.392 1.083
201512 1.320 99.792 1.753
201603 0.810 100.470 1.069
201606 0.850 101.688 1.108
201609 0.440 101.861 0.573
201612 -0.050 101.863 -0.065
201703 0.890 102.862 1.147
201706 0.940 103.349 1.206
201709 0.190 104.136 0.242
201712 -1.010 104.011 -1.287
201803 0.890 105.290 1.120
201806 2.730 106.317 3.404
201809 1.380 106.507 1.717
201812 1.050 105.998 1.313
201903 1.690 107.251 2.089
201906 1.760 108.070 2.159
201909 1.700 108.329 2.080
201912 1.720 108.420 2.103
202003 0.370 108.902 0.450
202006 1.490 108.767 1.816
202009 2.000 109.815 2.414
202012 2.100 109.897 2.533
202103 3.120 111.754 3.701
202106 2.660 114.631 3.076
202109 3.090 115.734 3.539
202112 2.580 117.630 2.907
202203 2.690 121.301 2.940
202206 2.770 125.017 2.937
202209 5.700 125.227 6.034
202212 3.560 125.222 3.768
202303 2.220 127.348 2.311
202306 2.100 128.729 2.162
202309 1.900 129.860 1.939
202312 1.310 129.419 1.342
202403 1.430 131.776 1.438
202406 2.460 132.554 2.460

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.


Popular  (NAS:BPOP) 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.


Popular Shiller PE Ratio Related Terms

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


Popular Business Description

Traded in Other Exchanges
Address
209 Munoz Rivera Avenue, Hato Rey, PRI, 00918
Popular Inc, based in Puerto Rico, is a financial holding company with four main subsidiaries: Banco Popular de Puerto Rico, a bank in Puerto Rico in terms of assets; Banco Popular North America, its banking operation in the continental United States; Evertec, a data processor; and Popular Financial Holdings, a diversified financial services company. The Corporation's reportable segments consist of Banco Popular de Puerto Rico and Popular U.S.
Executives
Camille Burckhart officer: Executive Vice President PO BOX 362708, SAN JUAN PR 00936-2708
Gilberto Monzon officer: EXECUTIVE VICE PRESIDENT P. O. BOX 362708, SAN JUAN PR 00936-2708
Manuel Chinea officer: Executive Vice President P O BOX 362708, SAN JUAN PR 00936-2708
Alejandro M Ballester director P O BOX 364548, SAN JUAN PR 00936-4548
Luis E. Cestero officer: Executive Vice President P O BOX 362708, SAN JUAN PR 00936-2708
Lidio Soriano officer: Executive Vice President PO BOX 1180, MAYAGUEZ PR 00681-1180
Eli Sepulveda officer: EVP P O BOX 362708, SAN JUAN PR 00936-2708
Eduardo J. Negron officer: Senior Vice President P.O. BOX 362708, SAN JUAN PR 00936-2708
Maria Luisa Ferre director PO BOX 9066590, SAN JUAN PR 00906-6590
Jorge J. Garcia officer: Senior VP & Comptroller P O BOX 362708, SAN JUAN PR 00936-2708
Alejandro M Sanchez director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Carlos J Vazquez officer: EVP P O BOX 195334, SAN JUAN PR 00919-5334
C Kim Goodwin director C/O AKAMAI TECHNOLOGIES, INC., 8 CAMBRIDGE CENTER, CAMBRIDGE MA 02142
Jose R. Coleman-tio officer: EVP & CHIEF LEGAL OFFICER P.O. BOX 362708, SAN JUAN PR 00936-2709
Juan Guerrero officer: Executive Vice President P.O. BOX 362708, SAN JUAN PR 00936-2708