GURUFOCUS.COM » STOCK LIST » Technology » Software » VeriSign Inc (BUE:VRSN) » Definitions » Shiller PE Ratio

VeriSign (BUE:VRSN) Shiller PE Ratio : 32.15 (As of May. 25, 2024)


View and export this data going back to 2019. Start your Free Trial

What is VeriSign Shiller PE Ratio?

As of today (2024-05-25), VeriSign's current share price is ARS35089.00. VeriSign's E10 for the quarter that ended in Mar. 2024 was ARS1,091.52. VeriSign's Shiller PE Ratio for today is 32.15.

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

BUE:VRSN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 27.73   Med: 45.59   Max: 64.04
Current: 28.21

During the past years, VeriSign's highest Shiller PE Ratio was 64.04. The lowest was 27.73. And the median was 45.59.

BUE:VRSN's Shiller PE Ratio is ranked better than
54.53% of 917 companies
in the Software industry
Industry Median: 30.31 vs BUE:VRSN: 28.21

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.

VeriSign's adjusted earnings per share data for the three months ended in Mar. 2024 was ARS1,617.600. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ARS1,091.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


VeriSign Shiller PE Ratio Historical Data

The historical data trend for VeriSign'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.

VeriSign Shiller PE Ratio Chart

VeriSign 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 53.45 57.04 54.39 38.44 35.18

VeriSign Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 38.16 39.61 34.51 35.18 31.23

Competitive Comparison of VeriSign's Shiller PE Ratio

For the Software - Infrastructure subindustry, VeriSign'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.


VeriSign's Shiller PE Ratio Distribution in the Software Industry

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

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



VeriSign 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.

VeriSign's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=35089.00/1091.52
=32.15

* 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.

VeriSign's E10 for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1617.6/131.7762*131.7762
=1,617.600

Current CPI (Mar. 2024) = 131.7762.

VeriSign Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 5.769 100.560 7.560
201409 5.809 100.428 7.622
201412 4.104 99.070 5.459
201503 5.821 99.621 7.700
201506 6.361 100.684 8.325
201509 6.582 100.392 8.640
201512 9.837 99.792 12.990
201603 11.975 100.470 15.706
201606 12.162 101.688 15.761
201609 13.425 101.861 17.368
201612 13.316 101.863 17.226
201703 14.492 102.862 18.566
201706 16.323 103.349 20.813
201709 16.297 104.136 20.623
201712 15.849 104.011 20.080
201803 21.962 105.290 27.487
201806 25.938 106.317 32.149
201809 41.583 106.507 51.449
201812 56.558 105.998 70.313
201903 52.771 107.251 64.839
201906 55.402 108.070 67.555
201909 72.704 108.329 88.440
201912 75.315 108.420 91.540
202003 177.518 108.902 214.806
202006 90.367 108.767 109.483
202009 110.618 109.815 132.740
202012 112.304 109.897 134.663
202103 119.806 111.754 141.270
202106 124.096 114.631 142.656
202109 136.892 115.734 155.867
202112 299.940 117.630 336.012
202203 153.542 121.301 166.801
202206 185.308 125.017 195.327
202209 219.541 125.227 231.024
202212 285.005 125.222 299.923
202303 335.835 127.348 347.513
202306 429.600 128.729 439.770
202309 640.409 129.860 649.861
202312 938.600 129.419 955.692
202403 1,617.600 131.776 1,617.600

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.


VeriSign  (BUE:VRSN) 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.


VeriSign Shiller PE Ratio Related Terms

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


VeriSign (BUE:VRSN) Business Description

Traded in Other Exchanges
Address
12061 Bluemont Way, Reston, VA, USA, 20190
Verisign is the sole authorized registry for several generic top-level domains, including the widely utilized .com and .net top-level domains. The company operates critical internet infrastructure to support the domain name system, including operating two of the world's 13 root servers that are used to route internet traffic. In 2018, the firm sold off its Security Services business, signalling a renewed focus on the core registry business.

VeriSign (BUE:VRSN) Headlines