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TotalEnergies SE (XPAR:TTE) Shiller PE Ratio : 18.45 (As of Apr. 25, 2024)


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What is TotalEnergies SE Shiller PE Ratio?

As of today (2024-04-25), TotalEnergies SE's current share price is €67.91. TotalEnergies SE's E10 for the quarter that ended in Dec. 2023 was €3.68. TotalEnergies SE's Shiller PE Ratio for today is 18.45.

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

XPAR:TTE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.85   Med: 12.16   Max: 19.12
Current: 18.43

During the past years, TotalEnergies SE's highest Shiller PE Ratio was 19.12. The lowest was 6.85. And the median was 12.16.

XPAR:TTE's Shiller PE Ratio is ranked worse than
52.4% of 416 companies
in the Oil & Gas industry
Industry Median: 17.75 vs XPAR:TTE: 18.43

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.

TotalEnergies SE's adjusted earnings per share data for the three months ended in Dec. 2023 was €1.917. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.68 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


TotalEnergies SE Shiller PE Ratio Historical Data

The historical data trend for TotalEnergies SE'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.

TotalEnergies SE Shiller PE Ratio Chart

TotalEnergies SE 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 13.47 12.27 15.83 18.32 16.72

TotalEnergies SE 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 18.32 15.97 15.24 17.42 16.72

Competitive Comparison of TotalEnergies SE's Shiller PE Ratio

For the Oil & Gas Integrated subindustry, TotalEnergies SE'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.


TotalEnergies SE's Shiller PE Ratio Distribution in the Oil & Gas Industry

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

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



TotalEnergies SE 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.

TotalEnergies SE's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=67.91/3.68
=18.45

* 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.

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

For example, TotalEnergies SE'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)
=1.917/118.2300*118.2300
=1.917

Current CPI (Dec. 2023) = 118.2300.

TotalEnergies SE Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.056 100.240 1.246
201406 1.001 100.180 1.181
201409 1.180 99.920 1.396
201412 -2.019 99.860 -2.390
201503 1.072 100.170 1.265
201506 1.149 100.440 1.353
201509 0.401 99.950 0.474
201512 -0.661 100.040 -0.781
201603 0.602 100.020 0.712
201606 0.765 100.630 0.899
201609 0.704 100.340 0.830
201612 0.190 100.650 0.223
201703 1.057 101.170 1.235
201706 0.703 101.320 0.820
201709 0.889 101.330 1.037
201712 0.313 101.850 0.363
201803 0.803 102.750 0.924
201806 1.181 103.370 1.351
201809 1.260 103.560 1.438
201812 0.352 103.470 0.402
201903 1.027 103.890 1.169
201906 0.885 104.580 1.001
201909 0.944 104.500 1.068
201912 0.873 104.980 0.983
202003 0.009 104.590 0.010
202006 -2.904 104.790 -3.276
202009 0.034 104.550 0.038
202012 0.255 104.960 0.287
202103 1.033 105.750 1.155
202106 0.664 106.340 0.738
202109 1.454 106.810 1.609
202112 1.920 107.850 2.105
202203 1.680 110.490 1.798
202206 2.043 112.550 2.146
202209 2.586 112.740 2.712
202212 1.189 114.160 1.231
202303 2.064 116.790 2.089
202306 1.514 117.650 1.521
202309 2.558 118.260 2.557
202312 1.917 118.230 1.917

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.


TotalEnergies SE  (XPAR:TTE) 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.


TotalEnergies SE Shiller PE Ratio Related Terms

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


TotalEnergies SE (XPAR:TTE) Business Description

Address
2, Place Jean Millier, La Defense 6, Courbevoie, FRA, 92400
TotalEnergies is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 1.5 million barrels of liquids and 6.8 billion cubic feet of natural gas per day. At end-2022, reserves stood at 10.2 billion barrels of oil equivalent, 56% of which are liquids. During 2021, it had LNG sales of 48.1 Mt. The company owns interests in refineries with capacity of nearly 2.0 million barrels a day, primarily in Europe, distributes refined products in 65 countries, and manufactures commodity and specialty chemicals. It also holds a 19% interest in Russian oil company Novatek. At year-end, its gross installed renewable power generation capacity was 16.8 GW.