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BCE Shiller PE Ratio

: 19.79 (As of Today)
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As of today (2019-10-19), BCE's current share price is $48.87. BCE's E10 for the quarter that ended in Jun. 2019 was $2.47. BCE's Shiller P/E Ratio for today is 19.79.

NYSE:BCE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.92   Max: 21.7
Current: 19.93

6.92
21.7

During the past years, BCE's highest Shiller P/E Ratio was 21.70. The lowest was 6.92. And the median was 16.98.

NYSE:BCE's Shiller PE Ratio is ranked lower than
60% of the 173 Companies
in the Communication Services industry.

( Industry Median: 16.14 vs. NYSE:BCE: 19.93 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

BCE's adjusted earnings per share data for the three months ended in Jun. 2019 was $0.640. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.47 for the trailing ten years ended in Jun. 2019.


BCE Shiller PE Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

BCE Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.55 18.14 18.91 21.07 17.31

BCE Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 17.83 17.05 17.31 18.71 18.42

Competitive Comparison
* 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.


BCE Shiller PE Ratio Distribution

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



BCE Shiller PE Ratio Calculation

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

BCE's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/ E10
=48.87/2.47
=19.79

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

BCE's E10 for the fiscal year that ended in Dec18 is calculated as:

For example, BCE's adjusted earnings per share data for the three months ended in Jun. 2019 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2019 (Change)*Current CPI (Jun. 2019)
=0.639626758974/256.143*256.143
=0.640

Current CPI (Jun. 2019) = 256.143.

BCE Quarterly Data

per_share_eps CPI Adj_EPS
200909 0.666 215.969 0.790
200912 0.437 215.949 0.518
201003 0.899 217.631 1.059
201006 0.771 217.965 0.906
201009 0.581 218.439 0.681
201012 0.417 219.179 0.487
201103 0.686 223.467 0.786
201106 0.778 225.722 0.883
201109 0.828 226.889 0.935
201112 0.606 225.672 0.688
201203 0.694 229.392 0.775
201206 0.914 229.478 1.021
201209 0.695 231.407 0.769
201212 0.919 229.601 1.026
201303 0.713 232.773 0.784
201306 0.717 233.504 0.787
201309 0.425 234.149 0.465
201312 0.592 233.049 0.651
201403 0.711 236.293 0.771
201406 0.720 238.343 0.774
201409 0.699 238.031 0.753
201412 0.546 234.812 0.596
201503 0.499 236.119 0.542
201506 0.728 238.638 0.781
201509 0.656 237.945 0.706
201512 0.423 236.525 0.458
201603 0.620 238.132 0.667
201606 0.690 241.018 0.734
201609 0.664 241.428 0.704
201612 0.562 241.432 0.597
201703 0.545 243.801 0.573
201706 0.639 244.955 0.669
201709 0.733 246.819 0.761
201712 0.493 246.524 0.513
201803 0.564 249.554 0.579
201806 0.602 251.989 0.612
201809 0.691 252.439 0.701
201812 0.506 251.233 0.516
201903 0.613 254.202 0.618
201906 0.640 256.143 0.640

Add all the adjusted EPS together and divide 10 will get our .


  (:) Explanation

Compared with the regular P/E ratio, which works poorly for cyclical businesses, the Shiller P/E 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 P/E should give similar results to regular P/E.

Compared with the P/S ratio, the Shiller P/E makes the comparison between different industries more meaningful.


Be Aware

The Shiller P/E 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, the Shiller P/E and P/S ratio will give false valuations.


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