BLK has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
As of today, BlackRock Inc's current share price is $324.72. BlackRock Inc's E10 for the quarter that ended in Jun. 2014 was $12.42. BlackRock Inc's Shiller P/E Ratio for today is 25.30.
During the past 13 years, BlackRock Inc's highest Shiller P/E Ratio was 64.57. The lowest was 18.91. And the median was 34.26.
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
BlackRock Inc's adjusted earnings per share data for the three months ended in Jun. 2014 was $4.738. Since most companies do not have as long as 10 years history, here we use 6 years to calculate. Add all the adjusted EPS for the past 6 years together and divide 6 will get our E10, which is $12.42 for the trailing six years ended in Jun. 2014.
For the Shiller P/E, 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 P/E is also called PE10.
The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
BlackRock Inc's Shiller P/E Ratio for today is calculated as
|Shiller P/E Ratio||=||Share Price||/||E10|
BlackRock Inc's E10 for the fiscal year that ended in Dec13 is calculated as:
For example, BlackRock Inc's adjusted earnings per share data for the three months ended in Jun. 2014 was:
|Adj_EPS||=||Earnigns per Share||/||CPI of Jun. 2014||*||CPI of Current|
Since most companies do not have as long as 10 years history, here we use 6 years to calculate:
Current CPI = 239.229.
BlackRock Inc Quarterly Data
|per share eps||3.140||3.080||3.650||3.938||3.620||4.190||4.210||4.854||4.400||4.720|
|per share eps||2.270||1.642||2.170||2.210||2.830||3.388||2.890||3.210||3.230||3.048|
|per share eps||1.590||0.400||0.620||1.590|
Add all the adjusted EPS together and divide 6 will get our E10.
Compared with the regular P/E ratio, which works poorly for cyclical businesses, the Shiller P/E 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 P/E should give similar results to regular P/E.
Compared with the P/S ratio, the Shiller P/E makes the comparison between different industries more meaningful.
The Shiller P/E assumes that over the long term, businesses and profitability revert to their means. If a companys business model does not work in the future compared with the past, the Shiller P/E and P/S ratio will give false valuations.
BlackRock Inc Annual Data
BlackRock Inc Quarterly Data