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FirstEnergy (STU:FE7) Shiller PE Ratio : (As of Jun. 04, 2024)


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What is FirstEnergy Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


FirstEnergy Shiller PE Ratio Historical Data

The historical data trend for FirstEnergy'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.

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FirstEnergy Shiller PE Ratio Chart

FirstEnergy Annual Data
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FirstEnergy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of FirstEnergy's Shiller PE Ratio

For the Utilities - Regulated Electric subindustry, FirstEnergy'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.


FirstEnergy's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, FirstEnergy's Shiller PE Ratio distribution charts can be found below:

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



FirstEnergy 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.

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

For example, FirstEnergy'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)
=0.405/131.7762*131.7762
=0.405

Current CPI (Mar. 2024) = 131.7762.

FirstEnergy Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.110 100.560 0.144
201409 0.613 100.428 0.804
201412 -0.592 99.070 -0.787
201503 0.490 99.621 0.648
201506 0.392 100.684 0.513
201509 0.829 100.392 1.088
201512 -0.487 99.792 -0.643
201603 0.691 100.470 0.906
201606 -2.278 101.688 -2.952
201609 0.793 101.861 1.026
201612 -12.741 101.863 -16.483
201703 0.430 102.862 0.551
201706 0.347 103.349 0.442
201709 0.747 104.136 0.945
201712 -4.749 104.011 -6.017
201803 2.060 105.290 2.578
201806 0.240 106.317 0.297
201809 -0.874 106.507 -1.081
201812 0.220 105.998 0.274
201903 0.522 107.251 0.641
201906 0.513 108.070 0.626
201909 0.654 108.329 0.796
201912 -0.189 108.420 -0.230
202003 0.127 108.902 0.154
202006 0.506 108.767 0.613
202009 0.713 109.815 0.856
202012 0.370 109.897 0.444
202103 0.521 111.754 0.614
202106 0.091 114.631 0.105
202109 0.723 115.734 0.823
202112 0.690 117.630 0.773
202203 0.454 121.301 0.493
202206 0.312 125.017 0.329
202209 0.586 125.227 0.617
202212 -0.670 125.222 -0.705
202303 0.476 127.348 0.493
202306 0.378 128.729 0.387
202309 0.647 129.860 0.657
202312 0.275 129.419 0.280
202403 0.405 131.776 0.405

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.


FirstEnergy  (STU:FE7) 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.


FirstEnergy Shiller PE Ratio Related Terms

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FirstEnergy (STU:FE7) Business Description

Traded in Other Exchanges
Address
76 South Main Street, Akron, OH, USA, 44308
FirstEnergy is an investor-owned holding company with 10 regulated distribution utilities across six mid-Atlantic and Midwestern states. FirstEnergy also owns and operates one of the nation's largest electric transmission systems.

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