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Consolidated Edison (BSP:E1DI34) Shiller PE Ratio : 17.91 (As of Apr. 24, 2024)


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What is Consolidated Edison Shiller PE Ratio?

As of today (2024-04-24), Consolidated Edison's current share price is R$224.62. Consolidated Edison's E10 for the quarter that ended in Dec. 2023 was R$12.54. Consolidated Edison's Shiller PE Ratio for today is 17.91.

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

BSP:E1DI34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.33   Med: 18.09   Max: 22.06
Current: 17.82

During the past years, Consolidated Edison's highest Shiller PE Ratio was 22.06. The lowest was 14.33. And the median was 18.09.

BSP:E1DI34's Shiller PE Ratio is ranked worse than
59.07% of 386 companies
in the Utilities - Regulated industry
Industry Median: 16.03 vs BSP:E1DI34: 17.82

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.

Consolidated Edison's adjusted earnings per share data for the three months ended in Dec. 2023 was R$2.376. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$12.54 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Consolidated Edison Shiller PE Ratio Historical Data

The historical data trend for Consolidated Edison'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.

Consolidated Edison Shiller PE Ratio Chart

Consolidated Edison 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 21.05 16.91 18.84 19.87 17.47

Consolidated Edison 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 19.87 18.40 17.24 16.34 17.47

Competitive Comparison of Consolidated Edison's Shiller PE Ratio

For the Utilities - Regulated Electric subindustry, Consolidated Edison'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.


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

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

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



Consolidated Edison 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.

Consolidated Edison's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=224.62/12.54
=17.91

* 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.

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

For example, Consolidated Edison'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)
=2.376/129.4194*129.4194
=2.376

Current CPI (Dec. 2023) = 129.4194.

Consolidated Edison Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.430 99.695 1.856
201406 0.805 100.560 1.036
201409 1.730 100.428 2.229
201412 0.370 99.070 0.483
201503 1.979 99.621 2.571
201506 1.151 100.684 1.479
201509 2.830 100.392 3.648
201512 1.164 99.792 1.510
201603 1.941 100.470 2.500
201606 1.318 101.688 1.677
201609 2.635 101.861 3.348
201612 1.124 101.863 1.428
201703 1.986 102.862 2.499
201706 0.939 103.349 1.176
201709 2.318 104.136 2.881
201712 2.669 104.011 3.321
201803 2.246 105.290 2.761
201806 1.131 106.317 1.377
201809 2.856 106.507 3.470
201812 2.039 105.998 2.490
201903 2.516 107.251 3.036
201906 0.887 108.070 1.062
201909 2.925 108.329 3.494
201912 1.806 108.420 2.156
202003 2.736 108.902 3.251
202006 1.479 108.767 1.760
202009 3.969 109.815 4.678
202012 0.334 109.897 0.393
202103 3.437 111.754 3.980
202106 1.207 114.631 1.363
202109 4.012 115.734 4.486
202112 1.781 117.630 1.960
202203 4.230 121.301 4.513
202206 1.817 125.017 1.881
202209 4.509 125.227 4.660
202212 1.390 125.222 1.437
202303 10.547 127.348 10.719
202306 1.577 128.729 1.585
202309 3.753 129.860 3.740
202312 2.376 129.419 2.376

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.


Consolidated Edison  (BSP:E1DI34) 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.


Consolidated Edison Shiller PE Ratio Related Terms

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Consolidated Edison (BSP:E1DI34) Business Description

Traded in Other Exchanges
Address
4 Irving Place, Room 700, New York, NY, USA, 10003
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities generate nearly all of Con Ed's earnings following the sale of its clean energy business to RWE in early 2023.

Consolidated Edison (BSP:E1DI34) Headlines

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