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Eversource Energy (Eversource Energy) Shiller PE Ratio

: 18.05 (As of Today)
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As of today (2024-04-19), Eversource Energy's current share price is $59.74. Eversource Energy's E10 for the quarter that ended in Dec. 2023 was $3.31. Eversource Energy's Shiller PE Ratio for today is 18.05.

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

ES' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.14   Med: 25.18   Max: 34.05
Current: 18.05

During the past years, Eversource Energy's highest Shiller PE Ratio was 34.05. The lowest was 14.14. And the median was 25.18.

ES's Shiller PE Ratio is ranked worse than
60.36% of 386 companies
in the Utilities - Regulated industry
Industry Median: 15.56 vs ES: 18.05

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.

Eversource Energy's adjusted earnings per share data for the three months ended in Dec. 2023 was $-3.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.31 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eversource Energy Shiller PE Ratio Historical Data

The historical data trend for Eversource Energy'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.

Eversource Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.02 29.15 27.87 23.06 18.66

Eversource Energy 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 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 Premium Member Only Premium Member Only Premium Member Only 23.06 20.90 19.07 15.46 18.66

Competitive Comparison

For the Utilities - Regulated Electric subindustry, Eversource Energy'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.


Eversource Energy Shiller PE Ratio Distribution

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

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



Eversource Energy 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.

Eversource Energy's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=59.74/3.31
=18.05

* 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.

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

For example, Eversource Energy'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)
=-3.68/129.4194*129.4194
=-3.680

Current CPI (Dec. 2023) = 129.4194.

Eversource Energy Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.740 99.695 0.961
201406 0.400 100.560 0.515
201409 0.740 100.428 0.954
201412 0.690 99.070 0.901
201503 0.800 99.621 1.039
201506 0.650 100.684 0.836
201509 0.740 100.392 0.954
201512 0.570 99.792 0.739
201603 0.770 100.470 0.992
201606 0.640 101.688 0.815
201609 0.830 101.861 1.055
201612 0.720 101.863 0.915
201703 0.820 102.862 1.032
201706 0.720 103.349 0.902
201709 0.820 104.136 1.019
201712 0.750 104.011 0.933
201803 0.850 105.290 1.045
201806 0.760 106.317 0.925
201809 0.910 106.507 1.106
201812 0.730 105.998 0.891
201903 0.970 107.251 1.171
201906 0.100 108.070 0.120
201909 0.980 108.329 1.171
201912 0.760 108.420 0.907
202003 1.010 108.902 1.200
202006 0.750 108.767 0.892
202009 1.010 109.815 1.190
202012 0.790 109.897 0.930
202103 1.060 111.754 1.228
202106 0.770 114.631 0.869
202109 0.820 115.734 0.917
202112 0.890 117.630 0.979
202203 1.280 121.301 1.366
202206 0.840 125.017 0.870
202209 1.000 125.227 1.033
202212 0.920 125.222 0.951
202303 1.405 127.348 1.428
202306 0.040 128.729 0.040
202309 0.970 129.860 0.967
202312 -3.680 129.419 -3.680

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.


Eversource Energy  (NYSE:ES) 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.


Eversource Energy Shiller PE Ratio Related Terms

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


Eversource Energy (Eversource Energy) Business Description

Traded in Other Exchanges
Address
300 Cadwell Drive, Springfield, MA, USA, 1104
Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric, gas, and water distribution service to more than 4 million customers in the Northeast U.S. The company expanded its service territories with acquisitions of NStar (2012), Aquarion (2017), and Columbia Gas (2020). Eversource is exiting its 50% partnership with European utility Orsted to develop 2 gigawatts of offshore wind projects in the Northeast U.S. The company exited most of its unregulated businesses in 2006.
Executives
Van Faasen William C other: Trustee 1499 POST ROAD, FAIRFIELD CT 06824
Gregory B Butler officer: Sr. V.P. & Gen. Counsel EVERSOURCE ENERGY, 56 PROSPECT STREET, HARTFORD CT 06103
Daniel J Nova other: Trustee C/O HIGHLAND CAPITAL PARTNERS INC, TWO INTERNATIONAL PLACE, BOSTON MA 02110
Linda Dorcena Forry other: Trustee C/O EVERSOURCE ENERGY, 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Loretta D. Keane other: Trustee 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Penelope M Conner officer: EVP-Cust Exp & Energy Strategy 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Christine M Carmody officer: SVP - Human Resources 800 BOYLSTON STREET, BOSTON MA 02199
Frederica M Williams other: Trustee C/O EVERSOURCE ENERGY, 300 CADWELL DRIVE, SPRINGFIELD MA 01104
John M. Moreira officer: EVP, CFO and Treasurer 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Hunt James W Iii officer: EVP-Corp Rel & Sustainability 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Cleveland Cotton M other: Trustee EVERSOURCE ENERGY, 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Jay Buth officer: VP-Accounting and Controller EVERSOURCE ENERGY, 107 SELDEN STREET, BERLIN CT 06037
James S Distasio other: Trustee C/O EVERSOURCE ENERGY, 300 CADWELL DRIVE, BOSTON MA 01104
David H. Long other: Trustee C/O EVERSOURCE ENERGY, 107 SELDEN STREET - LEGAL DEPT., BERLIN CT 06037
John Y Kim other: Trustee 51 MADISON AVENUE, NEW YORK NY 10010

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