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Blackstone (STU:BBN1) Shiller PE Ratio : 39.19 (As of May. 13, 2024)


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What is Blackstone Shiller PE Ratio?

As of today (2024-05-13), Blackstone's current share price is €114.04. Blackstone's E10 for the quarter that ended in Mar. 2024 was €2.91. Blackstone's Shiller PE Ratio for today is 39.19.

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

STU:BBN1' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.16   Med: 37.89   Max: 459.75
Current: 39.23

During the past years, Blackstone's highest Shiller PE Ratio was 459.75. The lowest was 11.16. And the median was 37.89.

STU:BBN1's Shiller PE Ratio is ranked worse than
90.93% of 761 companies
in the Asset Management industry
Industry Median: 12.92 vs STU:BBN1: 39.23

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.

Blackstone's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.021. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Blackstone Shiller PE Ratio Historical Data

The historical data trend for Blackstone'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.

Blackstone Shiller PE Ratio Chart

Blackstone 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 39.05 37.66 47.62 24.07 42.13

Blackstone Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 28.26 29.29 33.10 42.13 41.55

Competitive Comparison of Blackstone's Shiller PE Ratio

For the Asset Management subindustry, Blackstone'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.


Blackstone's Shiller PE Ratio Distribution in the Asset Management Industry

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

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



Blackstone 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.

Blackstone's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=114.04/2.91
=39.19

* 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.

Blackstone's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Blackstone's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.021/129.4194*129.4194
=1.021

Current CPI (Mar. 2024) = 129.4194.

Blackstone Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.626 100.560 0.806
201409 0.318 100.428 0.410
201412 0.722 99.070 0.943
201503 0.924 99.621 1.200
201506 0.187 100.684 0.240
201509 -0.356 100.392 -0.459
201512 0.285 99.792 0.370
201603 0.207 100.470 0.267
201606 0.267 101.688 0.340
201609 0.419 101.861 0.532
201612 0.521 101.863 0.662
201703 0.636 102.862 0.800
201706 0.445 103.349 0.557
201709 0.461 104.136 0.573
201712 0.380 104.011 0.473
201803 0.430 105.290 0.529
201806 0.933 106.317 1.136
201809 0.548 106.507 0.666
201812 -0.009 105.998 -0.011
201903 0.628 107.251 0.758
201906 0.398 108.070 0.477
201909 1.044 108.329 1.247
201912 0.639 108.420 0.763
202003 -1.430 108.902 -1.699
202006 0.719 108.767 0.856
202009 0.959 109.815 1.130
202012 0.880 109.897 1.036
202103 2.066 111.754 2.393
202106 1.511 114.631 1.706
202109 1.649 115.734 1.844
202112 1.699 117.630 1.869
202203 1.507 121.301 1.608
202206 -0.038 125.017 -0.039
202209 0.003 125.227 0.003
202212 0.708 125.222 0.732
202303 0.103 127.348 0.105
202306 0.729 128.729 0.733
202309 0.684 129.860 0.682
202312 0.183 129.419 0.183
202403 1.021 129.419 1.021

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.


Blackstone  (STU:BBN1) 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.


Blackstone Shiller PE Ratio Related Terms

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


Blackstone (STU:BBN1) Business Description

Traded in Other Exchanges
Address
345 Park Avenue, New York, NY, USA, 10154
Blackstone is the world's largest alternative asset managers with $1.001 trillion in total asset under management, including $731.1 billion in fee-earning asset under management, at the end of June 2023. The company has four core business segments: private equity (23% of fee-earning AUM and 27% of base management fees); real estate (39% and 44%); credit & insurance (28% and 21%); and hedge fund solutions (10% and 8%). While the firm primarily serves institutional investors (87% of AUM), it also caters to clients in the high-net-worth channel (13%). Blackstone operates through 25 offices located in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).

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