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Comcast (Comcast) Shiller PE Ratio : 13.45 (As of Apr. 24, 2024)


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Comcast (Comcast) Definition

As of today (2024-04-24), Comcast's current share price is $40.22. Comcast's E10 for the quarter that ended in Dec. 2023 was $2.99. Comcast's Shiller PE Ratio for today is 13.45.

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

CMCSA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11   Med: 23.95   Max: 43.37
Current: 13.45

During the past years, Comcast's highest Shiller PE Ratio was 43.37. The lowest was 11.00. And the median was 23.95.

CMCSA's Shiller PE Ratio is ranked better than
56.46% of 209 companies
in the Telecommunication Services industry
Industry Median: 14.63 vs CMCSA: 13.45

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.

Comcast's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.810. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.99 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Comcast Shiller PE Ratio Historical Data

The historical data trend for Comcast'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.

Comcast 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 22.41 23.97 19.68 12.97 14.66

Comcast 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 12.97 13.55 14.39 14.94 14.66

Competitive Comparison

For the Telecom Services subindustry, Comcast'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.


Comcast Shiller PE Ratio Distribution

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

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



Comcast 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.

Comcast's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=40.22/2.99
=13.45

* 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.

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

For example, Comcast'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)
=0.81/129.4194*129.4194
=0.810

Current CPI (Dec. 2023) = 129.4194.

Comcast Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.355 99.695 0.461
201406 0.380 100.560 0.489
201409 0.495 100.428 0.638
201412 0.370 99.070 0.483
201503 0.405 99.621 0.526
201506 0.420 100.684 0.540
201509 0.400 100.392 0.516
201512 0.395 99.792 0.512
201603 0.430 100.470 0.554
201606 0.410 101.688 0.522
201609 0.460 101.861 0.584
201612 0.451 101.863 0.573
201703 0.530 102.862 0.667
201706 0.520 103.349 0.651
201709 0.550 104.136 0.684
201712 3.170 104.011 3.944
201803 0.660 105.290 0.811
201806 0.690 106.317 0.840
201809 0.620 106.507 0.753
201812 0.550 105.998 0.672
201903 0.770 107.251 0.929
201906 0.680 108.070 0.814
201909 0.700 108.329 0.836
201912 0.680 108.420 0.812
202003 0.460 108.902 0.547
202006 0.650 108.767 0.773
202009 0.440 109.815 0.519
202012 0.730 109.897 0.860
202103 0.710 111.754 0.822
202106 0.800 114.631 0.903
202109 0.860 115.734 0.962
202112 0.660 117.630 0.726
202203 0.780 121.301 0.832
202206 0.760 125.017 0.787
202209 -1.050 125.227 -1.085
202212 0.700 125.222 0.723
202303 0.910 127.348 0.925
202306 1.020 128.729 1.025
202309 0.980 129.860 0.977
202312 0.810 129.419 0.810

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.


Comcast  (NAS:CMCSA) 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.


Comcast Shiller PE Ratio Related Terms

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


Comcast (Comcast) Business Description

Address
One Comcast Center, Philadelphia, PA, USA, 19103-2838
Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to 62 million U.S. homes and businesses, or nearly half of the country. About 55% of the homes in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC broadcast network, the Peacock streaming platform, several local NBC affiliates, Universal Studios, and several theme parks. Sky, acquired in 2018, is the dominant television provider in the U.K. and has invested heavily in proprietary content to build this position. Sky is also the largest pay-television provider in Italy and has a presence in Germany and Austria.
Executives
Jason Armstrong officer: CFO & Treasurer C/O COMCAST CORP, ONE COMCAST CENTER, PHILADELPHIA PA 19103
Louise F. Brady director 22 SYLVAN WAY, PARSIPPANY NY 07054
Baltimore Thomas J Jr director PARK HOTELS & RESORTS INC., 1775 TYSONS BLVD, 7TH FLOOR, TYSONS VA 22102
Jennifer Khoury officer: Chief Communications Officer C/O COMCAST CORP, ONE COMCAST CENTER, PHILADELPHIA PA 19103
Kenneth J Bacon director 5404 WISCONSIN AVENUE, SUITE 410, CHEVY CHASE MD 20815
Daniel C. Murdock officer: SVP & Chief Accounting Officer 1500 MARKET STREET, PHILADELPHIA PA 19102
David N Watson officer: Sr. EVP 1100 CASSATT ROAD, BERWYN PA 19312
Brian L Roberts director, officer: Chairman of Board, Pres. & CEO COMCAST CORP, ONE COMCAST CENTER, 1701 JFK BOULEVARD, PHILIDELPHIA PA 19103
Maritza Gomez Montiel director C/O APTARGROUP, INC., 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014
Adam Louis Miller officer: Sr. EVP ONE COMCAST CENTER, PHILADELPHIA PA 19103-2838
Dana Strong officer: CEO - Sky C/O COMCAST CORPORATION, ONE COMCAST CENTER, PHILADELPHIA PA 19103-2838
Jeff Shell officer: CEO - NBCUniversal C/O COMCAST CORPORATION, ONE COMCAST CENTER, PHILADELPHIA PA 19103
Naomi M. Bergman director 210 E. EARLL DRIVE, PHOENIX AZ 85012
Sheldon M Bonovitz director
David L Cohen officer: Executive Vice President