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Nelnet (Nelnet) Shiller PE Ratio : 12.36 (As of Apr. 25, 2024)


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What is Nelnet Shiller PE Ratio?

As of today (2024-04-25), Nelnet's current share price is $94.15. Nelnet's E10 for the quarter that ended in Dec. 2023 was $7.62. Nelnet's Shiller PE Ratio for today is 12.36.

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

NNI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.13   Med: 11.54   Max: 14.74
Current: 12.36

During the past years, Nelnet's highest Shiller PE Ratio was 14.74. The lowest was 7.13. And the median was 11.54.

NNI's Shiller PE Ratio is ranked better than
58.11% of 296 companies
in the Credit Services industry
Industry Median: 14.405 vs NNI: 12.36

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.

Nelnet's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $7.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nelnet Shiller PE Ratio Historical Data

The historical data trend for Nelnet'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.

Nelnet Shiller PE Ratio Chart

Nelnet 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 10.74 11.95 14.15 11.40 11.58

Nelnet 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 11.40 11.52 12.28 11.35 11.58

Competitive Comparison of Nelnet's Shiller PE Ratio

For the Credit Services subindustry, Nelnet'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.


Nelnet's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Nelnet's Shiller PE Ratio distribution charts can be found below:

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



Nelnet 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.

Nelnet's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=94.15/7.62
=12.36

* 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.

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

For example, Nelnet'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)
=-0.22/129.4194*129.4194
=-0.220

Current CPI (Dec. 2023) = 129.4194.

Nelnet Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.590 99.695 2.064
201406 1.610 100.560 2.072
201409 1.840 100.428 2.371
201412 1.590 99.070 2.077
201503 1.400 99.621 1.819
201506 1.540 100.684 1.980
201509 1.090 100.392 1.405
201512 1.860 99.792 2.412
201603 1.110 100.470 1.430
201606 0.610 101.688 0.776
201609 1.980 101.861 2.516
201612 2.320 101.863 2.948
201703 1.180 102.862 1.485
201706 0.680 103.349 0.852
201709 1.110 104.136 1.380
201712 1.170 104.011 1.456
201803 2.780 105.290 3.417
201806 1.210 106.317 1.473
201809 1.050 106.507 1.276
201812 0.530 105.998 0.647
201903 1.030 107.251 1.243
201906 0.610 108.070 0.731
201909 0.830 108.329 0.992
201912 1.060 108.420 1.265
202003 -1.010 108.902 -1.200
202006 2.210 108.767 2.630
202009 1.860 109.815 2.192
202012 6.100 109.897 7.184
202103 3.200 111.754 3.706
202106 2.160 114.631 2.439
202109 1.380 115.734 1.543
202112 3.460 117.630 3.807
202203 4.910 121.301 5.239
202206 2.260 125.017 2.340
202209 2.800 125.227 2.894
202212 0.830 125.222 0.858
202303 0.710 127.348 0.722
202306 0.750 128.729 0.754
202309 1.210 129.860 1.206
202312 -0.220 129.419 -0.220

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.


Nelnet  (NYSE:NNI) 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.


Nelnet Shiller PE Ratio Related Terms

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


Nelnet (Nelnet) Business Description

Traded in Other Exchanges
Address
121 South 13th Street, Suite 100, Lincoln, NE, USA, 68508
Nelnet Inc is a United States based company engaged in these five segments; Loan Servicing and Systems focuses on student and consumer loan origination services and servicing, loan origination and servicing-related technology solutions, and outsourcing business services, Education Technology, Services, and Payment Processing provides education services, payment technology, and community management solutions for K-12 schools, institutions, churches, and businesses, Asset Generation and Management Includes the acquisition and management of student and other loan assets, Nelnet Bank focuses on the private education and unsecured consumer loan markets, and Communications provides fiber optic service for internet, telephone, and television services.
Executives
William J Munn officer: Secy, Chief Legal Off, Gen Cou 121 S. 13TH STREET, SUITE 100, LINCOLN NE 68508
Van Deun Jona M director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Dan D Muhleisen 10 percent owner 6321 DOECREEK CIRCLE, LINCOLN NE 68516
Preeta D Bansal director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
David S Graff director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Kimberly Kay Rath director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Kathleen Anne Farrell director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Matthew W Dunlap director, officer: Chief Business Develop. Off. 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Magnolia Capital Fund, Lp other: See remarks 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Magnolia Group, Llc other: See remarks 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Adam K Peterson director, other: See below 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Shelby J Butterfield 10 percent owner 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Michael S Dunlap director, 10 percent owner, officer: Chairman, Co-Chief Ex. Officer 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Joann M Martin director 6221 ANDREW COURT, LINCOLN NE 68512
Angie Mulheisen 10 percent owner 3643 S 48TH STREET P O BOX 82535, LINCOLN NE 68501-2535

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