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Edison International (Edison International) Shiller PE Ratio : 23.79 (As of Apr. 26, 2024)


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What is Edison International Shiller PE Ratio?

As of today (2024-04-26), Edison International's current share price is $71.13. Edison International's E10 for the quarter that ended in Dec. 2023 was $2.99. Edison International's Shiller PE Ratio for today is 23.79.

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

EIX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.6   Med: 23.71   Max: 32.85
Current: 23.79

During the past years, Edison International's highest Shiller PE Ratio was 32.85. The lowest was 15.60. And the median was 23.71.

EIX's Shiller PE Ratio is ranked worse than
75.84% of 385 companies
in the Utilities - Regulated industry
Industry Median: 16.12 vs EIX: 23.79

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.

Edison International's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.980. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.99 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Edison International Shiller PE Ratio Historical Data

The historical data trend for Edison International'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.

Edison International Shiller PE Ratio Chart

Edison International 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 31.39 28.87 26.79 21.59 23.89

Edison International 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 21.59 23.76 22.16 20.92 23.89

Competitive Comparison of Edison International's Shiller PE Ratio

For the Utilities - Regulated Electric subindustry, Edison International'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.


Edison International's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Edison International's Shiller PE Ratio distribution charts can be found below:

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



Edison International 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.

Edison International's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=71.13/2.99
=23.79

* 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.

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

For example, Edison International'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)
=0.98/129.4194*129.4194
=0.980

Current CPI (Dec. 2023) = 129.4194.

Edison International Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.540 99.695 0.701
201406 1.630 100.560 2.098
201409 1.460 100.428 1.881
201412 1.270 99.070 1.659
201503 0.910 99.621 1.182
201506 1.150 100.684 1.478
201509 1.280 100.392 1.650
201512 -0.240 99.792 -0.311
201603 0.850 100.470 1.095
201606 0.850 101.688 1.082
201609 1.270 101.861 1.614
201612 1.050 101.863 1.334
201703 1.100 102.862 1.384
201706 0.850 103.349 1.064
201709 1.430 104.136 1.777
201712 -1.670 104.011 -2.078
201803 0.670 105.290 0.824
201806 0.840 106.317 1.023
201809 1.570 106.507 1.908
201812 -4.390 105.998 -5.360
201903 0.850 107.251 1.026
201906 1.200 108.070 1.437
201909 1.350 108.329 1.613
201912 0.400 108.420 0.477
202003 0.500 108.902 0.594
202006 0.850 108.767 1.011
202009 -0.760 109.815 -0.896
202012 1.390 109.897 1.637
202103 0.680 111.754 0.787
202106 0.840 114.631 0.948
202109 -0.900 115.734 -1.006
202112 1.370 117.630 1.507
202203 0.220 121.301 0.235
202206 0.630 125.017 0.652
202209 -0.330 125.227 -0.341
202212 1.080 125.222 1.116
202303 0.810 127.348 0.823
202306 0.920 128.729 0.925
202309 0.400 129.860 0.399
202312 0.980 129.419 0.980

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.


Edison International  (NYSE:EIX) 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.


Edison International Shiller PE Ratio Related Terms

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


Edison International (Edison International) Business Description

Traded in Other Exchanges
Address
2244 Walnut Grove Avenue, P.O. Box 976, Rosemead, CA, USA, 91770
Edison International is the parent company of Southern California Edison, an electric utility that distributes electricity to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale power generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.
Executives
Caroline Choi officer: Senior Vice President 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Kara Gostenhofer Ryan officer: VP, CAO and Controller 1111 LOUISIANA STREET, # 4600, HOUSTON TX 77002
J Andrew Murphy officer: Senior Vice President 211 CARNEGIE CENTER, PRINCETON NJ 08540
Chang Vanessa C L director P O BOX 800, 2244 WALNUT GROVE, ROSEMEAD CA 91770
Kate Sturgess officer: Vice President and Controller 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Natalie K Schilling officer: SENIOR VICE PRESIDENT 2244 WALNUT GROVE AVE, ROSEMEAD CA 91770
Marcy L. Reed director 84 SOUTH SHORE DR, STURBRIDGE MA 01566
Jill Charlotte Anderson officer: Executive Vice President, SCE 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Peter J. Taylor director 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Keith Trent director 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Carey A. Smith director 6210 ARDREY KELL ROAD, CHARLOTTE NC 28277
Steven D Powell officer: Executive Vice President, SCE 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Jeanne Beliveau-dunn director C/O XYLEM INC., 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Ronald L Litzinger officer: Chairman, Pres. & CEO of EMG P.O. BOX 800, 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Timothy O'toole director 55 BROADWAY, LONDON X0 SW1H OBD

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