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BlackRock Inc (NYSE:BLK)
Shiller P/E Ratio
26.32 (As of Today)

As of today, BlackRock Inc's current share price is $340.28. BlackRock Inc's E10 for the quarter that ended in Jun. 2016 was $12.93. BlackRock Inc's Shiller P/E Ratio for today is 26.32.

BLK' s Shiller P/E Ratio Range Over the Past 10 Years
Min: 24.59   Max: 61.99
Current: 26.34


During the past 13 years, BlackRock Inc's highest Shiller P/E Ratio was 61.99. The lowest was 24.59. And the median was 33.27.

BLK's Shiller P/E Ratio is ranked lower than
73% of the 384 Companies
in the Global Asset Management industry.

( Industry Median: 18.58 vs. BLK: 26.34 )

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. 2016 was $4.730. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $12.93 for the trailing ten years ended in Jun. 2016.


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

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

BlackRock Inc's E10 for the fiscal year that ended in Dec15 is calculated as:

For example, BlackRock Inc's adjusted earnings per share data for the three months ended in Jun. 2016 was:

Adj_EPS=Earnigns per Share/CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)

Current CPI (Jun. 2016) = 241.038.

BlackRock Inc Quarterly Data

per share eps 4.7205.3704.7704.8404.8405.0005.1103.9204.7305.260
CPI 238.343238.031234.812236.119238.638237.945236.525238.132241.038240.956
Adj_EPS 4.7735.4384.8964.9414.8895.0655.2083.9684.7305.262
per share eps 3.0403.1403.0803.6503.9203.6204.1904.2104.8504.400
CPI 225.672229.392229.478231.407229.601232.773233.504234.149233.049236.293
Adj_EPS 3.2473.2993.2353.8024.1153.7494.3254.3345.0164.488
per share eps 1.5902.2701.6102.1702.2102.8303.3402.8903.2103.230
CPI 215.693215.969215.949217.631217.965218.439219.179223.467225.722226.889
Adj_EPS 1.7772.5331.7972.4032.4443.1233.6733.1173.4283.431
per share eps 1.5801.4801.6901.9402.4101.7702.0001.5900.3900.620
CPI 201.800205.352208.352208.490210.036213.528218.815218.783210.228212.709
Adj_EPS 1.8871.7371.9552.2432.7661.9982.2031.7520.4470.703

Add all the adjusted EPS together and divide 10 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.

Be Aware

The Shiller P/E 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, the Shiller P/E and P/S ratio will give false valuations.

Related Terms

P/E Ratio, P/B Ratio, P/S Ratio, Price-to-Free-Cash-Flow ratio, E10

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

BlackRock Inc Annual Data

ShillerPE 0.000.0040.3259.6839.3129.6428.5436.0634.3528.24

BlackRock Inc Quarterly Data

ShillerPE 33.0632.1234.3533.5430.3425.2328.2427.3726.500.00
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