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NVIDIA (BSP:NVDC34) Shiller PE Ratio : 314.85 (As of Apr. 25, 2024)


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What is NVIDIA Shiller PE Ratio?

As of today (2024-04-25), NVIDIA's current share price is R$85.01. NVIDIA's E10 for the quarter that ended in Jan. 2024 was R$0.27. NVIDIA's Shiller PE Ratio for today is 314.85.

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

BSP:NVDC34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 24.77   Med: 114.21   Max: 355.81
Current: 300.84

During the past years, NVIDIA's highest Shiller PE Ratio was 355.81. The lowest was 24.77. And the median was 114.21.

BSP:NVDC34's Shiller PE Ratio is ranked worse than
97.8% of 501 companies
in the Semiconductors industry
Industry Median: 27.85 vs BSP:NVDC34: 300.84

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.

NVIDIA's adjusted earnings per share data for the three months ended in Jan. 2024 was R$0.504. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$0.27 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NVIDIA Shiller PE Ratio Historical Data

The historical data trend for NVIDIA'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.

NVIDIA Shiller PE Ratio Chart

NVIDIA Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.66 163.53 201.13 135.42 232.31

NVIDIA Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 135.42 180.11 260.30 187.82 232.31

Competitive Comparison of NVIDIA's Shiller PE Ratio

For the Semiconductors subindustry, NVIDIA'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.


NVIDIA's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, NVIDIA's Shiller PE Ratio distribution charts can be found below:

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



NVIDIA 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.

NVIDIA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=85.01/0.27
=314.85

* 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.

NVIDIA's E10 for the quarter that ended in Jan. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.504/129.4194*129.4194
=0.504

Current CPI (Jan. 2024) = 129.4194.

NVIDIA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 0.003 100.023 0.004
201407 0.003 100.520 0.004
201410 0.004 100.176 0.005
201501 0.005 98.604 0.007
201504 0.004 99.824 0.005
201507 0.001 100.691 0.001
201510 0.009 100.346 0.012
201601 0.007 99.957 0.009
201604 0.006 100.947 0.008
201607 0.007 101.524 0.009
201610 0.014 101.988 0.018
201701 0.016 102.456 0.020
201704 0.013 103.167 0.016
201707 0.015 103.278 0.019
201710 0.022 104.070 0.027
201801 0.030 104.578 0.037
201804 0.035 105.708 0.043
201807 0.035 106.324 0.043
201810 0.039 106.695 0.047
201901 0.018 106.200 0.022
201904 0.013 107.818 0.016
201907 0.018 108.250 0.022
201910 0.031 108.577 0.037
202001 0.033 108.841 0.039
202004 0.041 108.173 0.049
202007 0.027 109.318 0.032
202010 0.062 109.861 0.073
202101 0.065 110.364 0.076
202104 0.088 112.673 0.101
202107 0.101 115.183 0.113
202110 0.112 116.696 0.124
202201 0.136 118.619 0.148
202204 0.063 121.978 0.067
202207 0.029 125.002 0.030
202210 0.030 125.734 0.031
202301 0.062 126.223 0.064
202304 0.086 127.992 0.087
202307 0.248 128.974 0.249
202310 0.391 129.810 0.390
202401 0.504 129.419 0.504

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.


NVIDIA  (BSP:NVDC34) 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.


NVIDIA Shiller PE Ratio Related Terms

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NVIDIA (BSP:NVDC34) Business Description

Address
2788 San Tomas Expressway, Santa Clara, CA, USA, 95051
Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.

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