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Baidu (BUE:BIDU) Shiller PE Ratio : 14.03 (As of Apr. 25, 2024)


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What is Baidu Shiller PE Ratio?

As of today (2024-04-25), Baidu's current share price is ARS9527.00. Baidu's E10 for the quarter that ended in Dec. 2023 was ARS678.99. Baidu's Shiller PE Ratio for today is 14.03.

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

BUE:BIDU' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.53   Med: 35.77   Max: 117.78
Current: 12.96

During the past years, Baidu's highest Shiller PE Ratio was 117.78. The lowest was 10.53. And the median was 35.77.

BUE:BIDU's Shiller PE Ratio is ranked better than
74.86% of 179 companies
in the Interactive Media industry
Industry Median: 22.58 vs BUE:BIDU: 12.96

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.

Baidu's adjusted earnings per share data for the three months ended in Dec. 2023 was ARS42.975. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ARS678.99 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Baidu Shiller PE Ratio Historical Data

The historical data trend for Baidu'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.

Baidu Shiller PE Ratio Chart

Baidu 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 19.02 28.96 19.47 15.28 15.56

Baidu 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 15.28 19.84 17.97 17.33 15.56

Competitive Comparison of Baidu's Shiller PE Ratio

For the Internet Content & Information subindustry, Baidu'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.


Baidu's Shiller PE Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Baidu's Shiller PE Ratio distribution charts can be found below:

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



Baidu 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.

Baidu's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9527.00/678.99
=14.03

* 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.

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

For example, Baidu'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)
=42.975/114.6694*114.6694
=42.975

Current CPI (Dec. 2023) = 114.6694.

Baidu Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.158 98.600 1.347
201406 1.645 98.200 1.921
201409 1.886 98.900 2.187
201412 1.555 99.000 1.801
201503 1.194 99.900 1.371
201506 1.864 99.500 2.148
201509 1.462 100.500 1.668
201512 17.790 100.600 20.278
201603 1.511 102.200 1.695
201606 1.742 101.400 1.970
201609 2.378 102.400 2.663
201612 3.264 102.600 3.648
201703 1.294 103.200 1.438
201706 3.425 103.100 3.809
201709 8.019 104.100 8.833
201712 4.482 104.500 4.918
201803 7.446 105.300 8.109
201806 8.745 104.900 9.559
201809 23.658 106.600 25.449
201812 4.062 106.500 4.374
201903 -0.714 107.700 -0.760
201906 5.319 107.700 5.663
201909 -18.056 109.800 -18.857
201912 19.445 111.200 20.052
202003 0.088 112.300 0.090
202006 12.471 110.400 12.953
202009 54.176 111.700 55.616
202012 23.396 111.500 24.061
202103 127.561 112.662 129.834
202106 -3.096 111.769 -3.176
202109 -91.172 112.215 -93.166
202112 8.879 113.108 9.002
202203 -6.092 114.335 -6.110
202206 22.466 114.558 22.488
202209 -2.177 115.339 -2.164
202212 40.880 115.116 40.722
202303 57.050 115.116 56.829
202306 59.318 114.558 59.376
202309 109.331 115.339 108.697
202312 42.975 114.669 42.975

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.


Baidu  (BUE:BIDU) 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.


Baidu Shiller PE Ratio Related Terms

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


Baidu (BUE:BIDU) Business Description

Address
No. 10 Shangdi 10th Street, Baidu Campus, Haidian District, Beijing, CHN, 100085
Baidu is the largest internet search engine in China with 84% share of the search engine market in September 2021 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 2022. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving.