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Equinix (BSP:EQIX34) Shiller PE Ratio : 174.82 (As of May. 11, 2024)


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What is Equinix Shiller PE Ratio?

As of today (2024-05-11), Equinix's current share price is R$48.95. Equinix's E10 for the quarter that ended in Dec. 2023 was R$0.28. Equinix's Shiller PE Ratio for today is 174.82.

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

BSP:EQIX34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 136.59   Med: 265.92   Max: 759.04
Current: 163.04

During the past years, Equinix's highest Shiller PE Ratio was 759.04. The lowest was 136.59. And the median was 265.92.

BSP:EQIX34's Shiller PE Ratio is ranked worse than
97.97% of 444 companies
in the REITs industry
Industry Median: 11.51 vs BSP:EQIX34: 163.04

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.

Equinix's adjusted earnings per share data for the three months ended in Dec. 2023 was R$0.147. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$0.28 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Equinix Shiller PE Ratio Historical Data

The historical data trend for Equinix'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.

Equinix Shiller PE Ratio Chart

Equinix 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 261.44 275.96 270.89 175.69 173.31

Equinix 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 175.69 180.97 181.61 160.03 173.31

Competitive Comparison of Equinix's Shiller PE Ratio

For the REIT - Specialty subindustry, Equinix'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.


Equinix's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Equinix's Shiller PE Ratio distribution charts can be found below:

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



Equinix 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.

Equinix's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=48.95/0.28
=174.82

* 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.

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

For example, Equinix'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)
=0.147/129.4194*129.4194
=0.147

Current CPI (Dec. 2023) = 129.4194.

Equinix Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.024 99.695 0.031
201406 0.006 100.560 0.008
201409 0.023 100.428 0.030
201412 -0.212 99.070 -0.277
201503 0.053 99.621 0.069
201506 0.040 100.684 0.051
201509 0.035 100.392 0.045
201512 0.009 99.792 0.012
201603 -0.021 100.470 -0.027
201606 0.027 101.688 0.034
201609 0.029 101.861 0.037
201612 0.036 101.863 0.046
201703 0.022 102.862 0.028
201706 0.024 103.349 0.030
201709 0.040 104.136 0.050
201712 0.034 104.011 0.042
201803 0.032 105.290 0.039
201806 0.040 106.317 0.049
201809 0.080 106.507 0.097
201812 0.066 105.998 0.081
201903 0.069 107.251 0.083
201906 0.081 108.070 0.097
201909 0.073 108.329 0.087
201912 0.075 108.420 0.090
202003 0.084 108.902 0.100
202006 0.099 108.767 0.118
202009 0.050 109.815 0.059
202012 0.037 109.897 0.044
202103 0.123 111.754 0.142
202106 0.048 114.631 0.054
202109 0.111 115.734 0.124
202112 0.096 117.630 0.106
202203 0.101 121.301 0.108
202206 0.150 125.017 0.155
202209 0.151 125.227 0.156
202212 0.091 125.222 0.094
202303 0.180 127.348 0.183
202306 0.134 128.729 0.135
202309 0.181 129.860 0.180
202312 0.147 129.419 0.147

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.


Equinix  (BSP:EQIX34) 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.


Equinix Shiller PE Ratio Related Terms

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


Equinix (BSP:EQIX34) Business Description

Traded in Other Exchanges
Address
One Lagoon Drive, Redwood City, CA, USA, 94065
Equinix operates 248 data centers in 71 markets worldwide. It generates 46% of total revenue in the Americas, 32% in Europe, the Middle East, and Africa, and 22% in Asia-Pacific. The firm has more than 10,000 customers, including 2,100 network providers, that are dispersed over five verticals: cloud and IT services, content providers, network and mobile services, financial services, and enterprise. About 70% of Equinix's revenue comes from renting space to tenants and related services, and more than 15% comes from interconnection. Equinix operates as a real estate investment trust.

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