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Equinix (Equinix) Shiller PE Ratio : 162.76 (As of Apr. 25, 2024)


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What is Equinix Shiller PE Ratio?

As of today (2024-04-25), Equinix's current share price is $756.84. Equinix's E10 for the quarter that ended in Dec. 2023 was $4.65. Equinix's Shiller PE Ratio for today is 162.76.

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

EQIX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 136.59   Med: 266.13   Max: 759.04
Current: 162.86

During the past years, Equinix's highest Shiller PE Ratio was 759.04. The lowest was 136.59. And the median was 266.13.

EQIX's Shiller PE Ratio is ranked worse than
97.75% of 444 companies
in the REITs industry
Industry Median: 11.375 vs EQIX: 162.86

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.

Equinix's adjusted earnings per share data for the three months ended in Dec. 2023 was $2.400. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.65 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Equinix Shiller PE Ratio Historical Data

The historical data trend for Equinix'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.

Equinix Shiller PE Ratio Chart

Equinix 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 261.44 275.96 270.89 175.69 173.31

Equinix 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 175.69 180.97 181.61 160.03 173.31

Competitive Comparison of Equinix's Shiller PE Ratio

For the REIT - Specialty subindustry, Equinix'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.


Equinix's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Equinix's Shiller PE Ratio distribution charts can be found below:

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



Equinix 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.

Equinix's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=756.84/4.65
=162.76

* 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.

Equinix's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Equinix'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)
=2.4/129.4194*129.4194
=2.400

Current CPI (Dec. 2023) = 129.4194.

Equinix Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.810 99.695 1.052
201406 0.220 100.560 0.283
201409 0.790 100.428 1.018
201412 -6.420 99.070 -8.387
201503 1.340 99.621 1.741
201506 1.030 100.684 1.324
201509 0.710 100.392 0.915
201512 0.180 99.792 0.233
201603 -0.460 100.470 -0.593
201606 0.640 101.688 0.815
201609 0.720 101.861 0.915
201612 0.860 101.863 1.093
201703 0.570 102.862 0.717
201706 0.580 103.349 0.726
201709 1.020 104.136 1.268
201712 0.820 104.011 1.020
201803 0.790 105.290 0.971
201806 0.850 106.317 1.035
201809 1.550 106.507 1.883
201812 1.360 105.998 1.661
201903 1.440 107.251 1.738
201906 1.690 108.070 2.024
201909 1.410 108.329 1.685
201912 1.460 108.420 1.743
202003 1.380 108.902 1.640
202006 1.520 108.767 1.809
202009 0.740 109.815 0.872
202012 0.570 109.897 0.671
202103 1.740 111.754 2.015
202106 0.760 114.631 0.858
202109 1.680 115.734 1.879
202112 1.360 117.630 1.496
202203 1.620 121.301 1.728
202206 2.370 125.017 2.453
202209 2.300 125.227 2.377
202212 1.390 125.222 1.437
202303 2.770 127.348 2.815
202306 2.210 128.729 2.222
202309 2.930 129.860 2.920
202312 2.400 129.419 2.400

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.


Equinix  (NAS:EQIX) 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.


Equinix Shiller PE Ratio Related Terms

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


Equinix (Equinix) Business Description

Traded in Other Exchanges
Address
One Lagoon Drive, Redwood City, CA, USA, 94065
Equinix operates 248 data centers in 71 markets worldwide. It generates 46% of total revenue in the Americas, 32% in Europe, the Middle East, and Africa, and 22% in Asia-Pacific. The firm has more than 10,000 customers, including 2,100 network providers, that are dispersed over five verticals: cloud and IT services, content providers, network and mobile services, financial services, and enterprise. About 70% of Equinix's revenue comes from renting space to tenants and related services, and more than 15% comes from interconnection. Equinix operates as a real estate investment trust.
Executives
Charles J Meyers officer: CEO and President 301 VELOCITY WAY, 5TH FLOOR, FOSTER CITY CA 94404
Scott Crenshaw officer: EVP, GM Digital Services ONE FANATICAL PLACE, CITY OF WINDCREST, SAN ANTONIO TX 78133
Keith D Taylor officer: VP Finance, CAO 301 VELOCITY WAY, 5TH FLOOR, FOSTER CITY CA 94404
Brandi Galvin officer: General Counsel 301 VELOCITY WAY, 5TH FLOOR, FOSTER CITY CA 94404
Michael Earl Campbell officer: Chief Sales Officer 1 LAGOON DRIVE, REDWOOD CITY CA 94065
Jonathan Lin officer: EVP, GM, Data Center Services C/O EQUINIX, INC., ONE LAGOON DRIVE, REDWOOD CITY CA 94065
Camp Peter Van director, officer: Chief Executive Officer C/O PACKETEER INC, 10201 N DEANZA BLVD, CUPERTINO CA 95014
Gary Hromadko director, 10 percent owner, other: Affiliate of Director 301 VELOCITY WAY 5TH FLOOR, FOSTER CITY CA 94404
Christopher B Paisley director 14870 THREE OAKS COURT, SARATOGA CA 95070
Simon Miller officer: Chief Accounting Officer 1 LAGOON DR, REDWOOD CITY CA 94065
Fidelma Russo director C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Karl Strohmeyer officer: Chief Customer & Rev Officer ONE LAGOON DRIVE, 4TH FLOOR, REDWOOD CITY CA 94065
Thomas S Olinger director C/O AMB PROPERTY CORPORATION, PIER 1, BAY 1, SAN FRANCISCO CA 94111
Jeetendra I Patel director 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Ron Guerrier director C/O EXPRESS SCRIPTS HOLDING COMPANY, ONE EXPRESS WAY, ST. LOUIS MO 63121