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STMicroelectronics NV (STMicroelectronics NV) Shiller PE Ratio : 25.20 (As of Apr. 26, 2024)


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What is STMicroelectronics NV Shiller PE Ratio?

As of today (2024-04-26), STMicroelectronics NV's current share price is $41.33. STMicroelectronics NV's E10 for the quarter that ended in Dec. 2023 was $1.64. STMicroelectronics NV's Shiller PE Ratio for today is 25.20.

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

STM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 24.8   Med: 75.74   Max: 304
Current: 25.99

During the past years, STMicroelectronics NV's highest Shiller PE Ratio was 304.00. The lowest was 24.80. And the median was 75.74.

STM's Shiller PE Ratio is ranked better than
51.09% of 503 companies
in the Semiconductors industry
Industry Median: 27.8 vs STM: 25.99

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.

STMicroelectronics NV's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.64 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


STMicroelectronics NV Shiller PE Ratio Historical Data

The historical data trend for STMicroelectronics NV'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.

STMicroelectronics NV Shiller PE Ratio Chart

STMicroelectronics NV 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 75.23 87.13 88.74 32.76 30.51

STMicroelectronics NV 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 32.76 42.92 36.30 29.77 30.51

Competitive Comparison of STMicroelectronics NV's Shiller PE Ratio

For the Semiconductors subindustry, STMicroelectronics NV'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.


STMicroelectronics NV's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, STMicroelectronics NV's Shiller PE Ratio distribution charts can be found below:

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



STMicroelectronics NV 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.

STMicroelectronics NV's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=41.33/1.64
=25.20

* 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.

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

For example, STMicroelectronics NV'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)
=1.14/106.4611*106.4611
=1.140

Current CPI (Dec. 2023) = 106.4611.

STMicroelectronics NV Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.030 101.224 -0.032
201406 0.040 101.517 0.042
201409 0.080 101.247 0.084
201412 0.050 100.704 0.053
201503 -0.030 100.339 -0.032
201506 0.040 100.464 0.042
201509 0.100 99.785 0.107
201512 0.002 99.386 0.002
201603 -0.050 99.475 -0.054
201606 0.030 100.088 0.032
201609 0.080 99.604 0.086
201612 0.130 99.380 0.139
201703 0.120 100.040 0.128
201706 0.170 100.285 0.180
201709 0.260 100.254 0.276
201712 0.340 100.213 0.361
201803 0.260 100.836 0.275
201806 0.290 101.435 0.304
201809 0.410 101.246 0.431
201812 0.460 100.906 0.485
201903 0.200 101.571 0.210
201906 0.180 102.044 0.188
201909 0.340 101.396 0.357
201912 0.430 101.063 0.453
202003 0.210 101.048 0.221
202006 0.100 100.743 0.106
202009 0.260 100.585 0.275
202012 0.630 100.241 0.669
202103 0.390 100.800 0.412
202106 0.440 101.352 0.462
202109 0.510 101.533 0.535
202112 0.820 101.776 0.858
202203 0.790 103.205 0.815
202206 0.920 104.783 0.935
202209 1.160 104.835 1.178
202212 1.320 104.666 1.343
202303 1.100 106.245 1.102
202306 1.060 106.576 1.059
202309 1.160 106.570 1.159
202312 1.140 106.461 1.140

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.


STMicroelectronics NV  (NYSE:STM) 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.


STMicroelectronics NV Shiller PE Ratio Related Terms

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STMicroelectronics NV (STMicroelectronics NV) Business Description

Address
39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, CHE, 1228
A merger between Italian firm SGS Microelettronica and the nonmilitary business of Thomson Semiconductors in France formed STMicroelectronics in 1987. STMicroelectronics is a leader in a variety of semiconductor products, including analog chips, discrete power semiconductors, microcontrollers, and sensors. It is an especially prominent chip supplier to the industrial and automotive industries.