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Activision Blizzard (Activision Blizzard) Shiller PE Ratio : 43.92 (As of May. 05, 2024)


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What is Activision Blizzard Shiller PE Ratio?

As of today (2024-05-05), Activision Blizzard's current share price is $94.42. Activision Blizzard's E10 for the quarter that ended in Jun. 2023 was $2.15. Activision Blizzard's Shiller PE Ratio for today is 43.92.

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

ATVI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 34.16   Med: 50.36   Max: 98.41
Current: 47.47

During the past years, Activision Blizzard's highest Shiller PE Ratio was 98.41. The lowest was 34.16. And the median was 50.36.

ATVI's Shiller PE Ratio is not ranked
in the Interactive Media industry.
Industry Median: 24.21 vs ATVI: 47.47

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.

Activision Blizzard's adjusted earnings per share data for the three months ended in Jun. 2023 was $0.740. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.15 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Activision Blizzard Shiller PE Ratio Historical Data

The historical data trend for Activision Blizzard'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.

Activision Blizzard Shiller PE Ratio Chart

Activision Blizzard Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 50.84 59.24 38.06 41.05

Activision Blizzard Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 43.70 44.08 41.05 42.89 40.63

Competitive Comparison of Activision Blizzard's Shiller PE Ratio

For the Electronic Gaming & Multimedia subindustry, Activision Blizzard'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.


Activision Blizzard's Shiller PE Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Activision Blizzard's Shiller PE Ratio distribution charts can be found below:

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



Activision Blizzard 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.

Activision Blizzard's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=94.42/2.15
=43.92

* 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.

Activision Blizzard's E10 for the quarter that ended in Jun. 2023 is calculated as:

For example, Activision Blizzard's adjusted earnings per share data for the three months ended in Jun. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.74/128.7287*128.7287
=0.740

Current CPI (Jun. 2023) = 128.7287.

Activision Blizzard Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201309 0.050 98.790 0.065
201312 0.220 98.326 0.288
201403 0.400 99.695 0.516
201406 0.280 100.560 0.358
201409 -0.030 100.428 -0.038
201412 0.490 99.070 0.637
201503 0.530 99.621 0.685
201506 0.290 100.684 0.371
201509 0.170 100.392 0.218
201512 0.210 99.792 0.271
201603 0.480 100.470 0.615
201606 0.200 101.688 0.253
201609 0.260 101.861 0.329
201612 0.330 101.863 0.417
201703 0.560 102.862 0.701
201706 0.320 103.349 0.399
201709 0.250 104.136 0.309
201712 -0.770 104.011 -0.953
201803 0.650 105.290 0.795
201806 0.520 106.317 0.630
201809 0.340 106.507 0.411
201812 0.840 105.998 1.020
201903 0.580 107.251 0.696
201906 0.430 108.070 0.512
201909 0.260 108.329 0.309
201912 0.680 108.420 0.807
202003 0.650 108.902 0.768
202006 0.750 108.767 0.888
202009 0.780 109.815 0.914
202012 0.650 109.897 0.761
202103 0.790 111.754 0.910
202106 1.120 114.631 1.258
202109 0.820 115.734 0.912
202112 0.720 117.630 0.788
202203 0.500 121.301 0.531
202206 0.360 125.017 0.371
202209 0.550 125.227 0.565
202212 0.510 125.222 0.524
202303 0.930 127.348 0.940
202306 0.740 128.729 0.740

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.


Activision Blizzard  (NAS:ATVI) 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.


Activision Blizzard Shiller PE Ratio Related Terms

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


Activision Blizzard (Activision Blizzard) Business Description

Traded in Other Exchanges
N/A
Address
2701 Olympic Boulevard, Building B, Santa Monica, CA, USA, 90404
Activision Blizzard was formed in 2008 by the merger of Activision, one of the largest console video game publishers, and Blizzard, one of largest PC video game publishers. The combined firm remains one of the world's largest video game publishers. Activision's impressive franchise portfolio includes World of Warcraft, which boasts more than $8 billion of lifetime sales, and Call of Duty, which has sold over 175 million copies across 14 titles over 12 years.
Executives
Julie Hodges officer: Chief People Officer C/O ACTIVISION BLIZZARD, INC., 2701 OLYMPIC BOULEVARD, BUILDING B, SANTA MONICA CA 90404
Peter J Nolan director 11111SANTA MONICA BLVD, STE 2000, LOS ANGELES CA 90025
Daniel Alegre officer: President and COO 9800 59TH AVENUE NORTH, MINNEAPOLIS MN 55317
Robert A Kotick director, officer: Chief Executive Officer 3100 OCEAN PARK BLVD, SANTA MONICA CA 90405
Brian Bulatao officer: Chief Administrative Officer C/O ACTIVISION BLIZZARD, INC., 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 90405
Armin Zerza officer: Chief Financial Officer C/O ACTIVISION BLIZZARD, INC, 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 90405
Grant Michael Dixton officer: Chief Legal Officer C/O ACTIVISION BLIZZARD, INC., 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 90405
Lulu Cheng Meservey director 2701 OLYMPIC BOULEVARD, BUILDING B, SANTA MONICA CA 90404
Dawn Ostroff director 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 91405
Barry Meyer director C/O ACTIVISION BLIZZARD, INC., 3100 OCEAN PARK BLVD., SANTA MONICA CA 90405
Reveta F Bowers director C/O ACTIVISION BLIZZARD, INC., 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 90405
Brian G Kelly director 3100 OCEAN PARK BLVD, SANTA MONICA CA 90405
Robert J Morgado director 3100 OCAN PARK BLVD, SANTA MONICA CA 90405
Robert J Corti director C/O AVON PRODUCTS INC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105-0196
Kerry Carr director ONE MEADOWLANDS PLAZA, EAST RUTHERFORD NJ 07073