GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Williams Companies Inc (NYSE:WMB) » Definitions » Shiller PE Ratio

Williams (Williams) Shiller PE Ratio

: 31.32 (As of Today)
View and export this data going back to 1987. Start your Free Trial

As of today (2024-04-18), Williams's current share price is $37.58. Williams's E10 for the quarter that ended in Dec. 2023 was $1.20. Williams's Shiller PE Ratio for today is 31.32.

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

WMB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.23   Med: 38.02   Max: 78.08
Current: 31.32

During the past years, Williams's highest Shiller PE Ratio was 78.08. The lowest was 16.23. And the median was 38.02.

WMB's Shiller PE Ratio is ranked worse than
73.68% of 418 companies
in the Oil & Gas industry
Industry Median: 17.545 vs WMB: 31.32

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.

Williams's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.930. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.20 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Williams Shiller PE Ratio Historical Data

The historical data trend for Williams'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.

Williams 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 40.97 24.21 27.85 33.39 29.04

Williams 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 33.39 28.48 30.49 30.42 29.04

Competitive Comparison

For the Oil & Gas Midstream subindustry, Williams'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.


Williams Shiller PE Ratio Distribution

For the Oil & Gas industry and Energy sector, Williams's Shiller PE Ratio distribution charts can be found below:

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



Williams 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.

Williams's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=37.58/1.2
=31.32

* 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.

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

For example, Williams'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)
=0.93/129.4194*129.4194
=0.930

Current CPI (Dec. 2023) = 129.4194.

Williams Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.200 99.695 0.260
201406 0.150 100.560 0.193
201409 2.220 100.428 2.861
201412 0.258 99.070 0.337
201503 0.090 99.621 0.117
201506 0.150 100.684 0.193
201509 -0.050 100.392 -0.064
201512 -0.940 99.792 -1.219
201603 -0.090 100.470 -0.116
201606 -0.540 101.688 -0.687
201609 0.080 101.861 0.102
201612 -0.020 101.863 -0.025
201703 0.450 102.862 0.566
201706 0.100 103.349 0.125
201709 0.040 104.136 0.050
201712 2.030 104.011 2.526
201803 0.180 105.290 0.221
201806 0.160 106.317 0.195
201809 0.130 106.507 0.158
201812 -0.473 105.998 -0.578
201903 0.160 107.251 0.193
201906 0.260 108.070 0.311
201909 0.180 108.329 0.215
201912 0.100 108.420 0.119
202003 -0.430 108.902 -0.511
202006 0.250 108.767 0.297
202009 0.250 109.815 0.295
202012 0.090 109.897 0.106
202103 0.350 111.754 0.405
202106 0.250 114.631 0.282
202109 0.130 115.734 0.145
202112 0.510 117.630 0.561
202203 0.310 121.301 0.331
202206 0.330 125.017 0.342
202209 0.490 125.227 0.506
202212 0.540 125.222 0.558
202303 0.760 127.348 0.772
202306 0.380 128.729 0.382
202309 0.540 129.860 0.538
202312 0.930 129.419 0.930

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.


Williams  (NYSE:WMB) 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.


Williams Shiller PE Ratio Related Terms

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


Williams (Williams) Business Description

Traded in Other Exchanges
Address
One Williams Center, PO Box 2400, Tulsa, OK, USA, 74172
Williams Companies is a midstream energy company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering, processing, and storage assets. In August 2018, the firm acquired the remaining 26% ownership of its limited partner, Williams Partners.
Executives
Scott A. Hallam officer: SVP Atlantic - Gulf 2800 POST OAK BLVD., HOUSTON TX 77056
Murray D Smith director ONE WILLIAMS CENTER, TULSA OK 74172
William H Spence director UNIVERSITY OFFICE PLAZA, 252 CHAPMAN RD., PO BOX 6066, NEWARK DE 19714-0066
Stephen W Bergstrom director
Terrance Lane Wilson officer: SVP & General Counsel ONE WILLIAMS CENTER, TULSA OK 74172
Debbie L. Cowan officer: SVP & Chief HR Officer ONE WILLIAMS CENTER, TULSA OK 74172
Larry C Larsen officer: Senior Vice President ONE WILLIAMS CENTER, TULSA OK 74172
Richard E Muncrief director 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Jesse J Tyson director ONE WILLIAMS CENTER, TULSA OK 74172
Alan S Armstrong officer: Sr. Vice President - Midstream ONE WILLIAMS CENTER, TULSA OK 74102
Carri A. Lockhart director 6401 NORTH ELDRIDGE PKWY, HOUSTON TX 77041
Mary A. Hausman officer: VP Chief Accounting Officer ONE WILLIAMS CENTER, TULSA OK 74012
Walter J Bennett officer: Senior Vice President 525 CENTRAL PARK DRIVE, OKLAHOMA CITY OK 73105
Stacey H Dore director 1807 ROSS AVE, 4TH FLOOR, DALLAS TX 75201
Rose M Robeson director 370 17TH STREET, SUITE 2775, DENVER CO 80202