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GSK (GLAXF) Shiller PE Ratio : 10.39 (As of Apr. 28, 2024)


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What is GSK Shiller PE Ratio?

As of today (2024-04-28), GSK's current share price is $19.852. GSK's E10 for the quarter that ended in Dec. 2023 was $1.91. GSK's Shiller PE Ratio for today is 10.39.

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

GLAXF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.44   Med: 12.94   Max: 17.38
Current: 11.01

During the past years, GSK's highest Shiller PE Ratio was 17.38. The lowest was 8.44. And the median was 12.94.

GLAXF's Shiller PE Ratio is ranked better than
84.33% of 517 companies
in the Drug Manufacturers industry
Industry Median: 24.4 vs GLAXF: 11.01

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.

GSK's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.108. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.91 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


GSK Shiller PE Ratio Historical Data

The historical data trend for GSK'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.

GSK Shiller PE Ratio Chart

GSK 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 16.82 11.56 13.72 9.50 9.66

GSK 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 9.50 9.30 8.88 9.46 9.66

Competitive Comparison of GSK's Shiller PE Ratio

For the Drug Manufacturers - General subindustry, GSK'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.


GSK's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, GSK's Shiller PE Ratio distribution charts can be found below:

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



GSK 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.

GSK's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=19.852/1.91
=10.39

* 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.

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

For example, GSK'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)
=0.108/130.0000*130.0000
=0.108

Current CPI (Dec. 2023) = 130.0000.

GSK Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.284 99.300 0.372
201406 0.283 99.800 0.369
201409 0.167 100.000 0.217
201412 0.417 99.900 0.543
201503 3.109 99.600 4.058
201506 0.060 100.100 0.078
201509 0.211 100.200 0.274
201512 -0.137 100.400 -0.177
201603 0.103 100.400 0.133
201606 -0.160 101.000 -0.206
201609 0.271 101.500 0.347
201612 0.081 102.200 0.103
201703 0.329 102.700 0.416
201706 -0.059 103.500 -0.074
201709 0.410 104.300 0.511
201712 -0.188 105.000 -0.233
201803 0.194 105.100 0.240
201806 0.148 105.900 0.182
201809 0.466 106.600 0.568
201812 0.386 107.100 0.469
201903 0.275 107.000 0.334
201906 0.306 107.900 0.369
201909 0.480 108.400 0.576
201912 0.424 108.500 0.508
202003 0.483 108.600 0.578
202006 0.704 108.800 0.841
202009 0.400 109.200 0.476
202012 0.225 109.400 0.267
202103 0.369 109.700 0.437
202106 0.484 111.400 0.565
202109 0.396 112.400 0.458
202112 0.244 114.700 0.277
202203 0.585 116.500 0.653
202206 0.203 120.500 0.219
202209 2.998 122.300 3.187
202212 0.445 125.300 0.462
202303 0.443 126.800 0.454
202306 0.401 129.400 0.403
202309 0.441 130.100 0.441
202312 0.108 130.000 0.108

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.


GSK  (OTCPK:GLAXF) 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.


GSK Shiller PE Ratio Related Terms

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


GSK (GLAXF) Business Description

Address
980 Great West Road, Brentford, Middlesex, GBR, TW8 9GS
In the pharmaceutical industry, GSK ranks as one of the largest companies by total sales. The company wields its might across several therapeutic classes, including respiratory, cancer, and antiviral, as well as vaccines. GSK uses joint ventures to gain additional scale in certain markets like HIV.