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Consolidated Edison (Consolidated Edison) Shiller PE Ratio

: 17.82 (As of Today)
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As of today (2024-04-23), Consolidated Edison's current share price is $92.85. Consolidated Edison's E10 for the quarter that ended in Dec. 2023 was $5.21. Consolidated Edison's Shiller PE Ratio for today is 17.82.

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

ED' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.33   Med: 18.09   Max: 22.06
Current: 17.82

During the past years, Consolidated Edison's highest Shiller PE Ratio was 22.06. The lowest was 14.33. And the median was 18.09.

ED's Shiller PE Ratio is ranked worse than
59.07% of 386 companies
in the Utilities - Regulated industry
Industry Median: 15.775 vs ED: 17.82

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.

Consolidated Edison's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.970. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $5.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Consolidated Edison Shiller PE Ratio Historical Data

The historical data trend for Consolidated Edison'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.

Consolidated Edison Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.05 16.91 18.84 19.87 17.47

Consolidated Edison 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 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 Premium Member Only Premium Member Only Premium Member Only 19.87 18.40 17.24 16.34 17.47

Competitive Comparison

For the Utilities - Regulated Electric subindustry, Consolidated Edison'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.


Consolidated Edison Shiller PE Ratio Distribution

For the Utilities - Regulated industry and Utilities sector, Consolidated Edison's Shiller PE Ratio distribution charts can be found below:

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



Consolidated Edison 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.

Consolidated Edison's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=92.85/5.21
=17.82

* 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.

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

For example, Consolidated Edison'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)
=0.97/129.4194*129.4194
=0.970

Current CPI (Dec. 2023) = 129.4194.

Consolidated Edison Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.230 99.695 1.597
201406 0.720 100.560 0.927
201409 1.480 100.428 1.907
201412 0.280 99.070 0.366
201503 1.260 99.621 1.637
201506 0.740 100.684 0.951
201509 1.450 100.392 1.869
201512 0.600 99.792 0.778
201603 1.050 100.470 1.353
201606 0.770 101.688 0.980
201609 1.620 101.861 2.058
201612 0.670 101.863 0.851
201703 1.270 102.862 1.598
201706 0.570 103.349 0.714
201709 1.480 104.136 1.839
201712 1.620 104.011 2.016
201803 1.370 105.290 1.684
201806 0.600 106.317 0.730
201809 1.390 106.507 1.689
201812 1.050 105.998 1.282
201903 1.310 107.251 1.581
201906 0.460 108.070 0.551
201909 1.420 108.329 1.696
201912 0.880 108.420 1.050
202003 1.120 108.902 1.331
202006 0.570 108.767 0.678
202009 1.470 109.815 1.732
202012 0.130 109.897 0.153
202103 1.220 111.754 1.413
202106 0.480 114.631 0.542
202109 1.520 115.734 1.700
202112 0.630 117.630 0.693
202203 1.700 121.301 1.814
202206 0.720 125.017 0.745
202209 1.720 125.227 1.778
202212 0.530 125.222 0.548
202303 4.050 127.348 4.116
202306 0.650 128.729 0.653
202309 1.520 129.860 1.515
202312 0.970 129.419 0.970

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.


Consolidated Edison  (NYSE:ED) 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.


Consolidated Edison Shiller PE Ratio Related Terms

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


Consolidated Edison (Consolidated Edison) Business Description

Traded in Other Exchanges
Address
4 Irving Place, Room 700, New York, NY, USA, 10003
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities generate nearly all of Con Ed's earnings following the sale of its clean energy business to RWE in early 2023.
Executives
Christina Ho officer: VP, Strategic Planning 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Deneen L Donnley officer: SVP and General Counsel 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Stuart Nachmias officer: President & CEO CET 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Robert Sanchez officer: SVP, Corporate Shared Services 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Timothy Cawley officer: President & CEO, O&R 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Robert N Hoglund officer: Senior Vice President Finance 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Joseph Miller officer: VP & Controller 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Nancy Shannon officer: SVP, Utility Shared Services 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Matthew Ketschke officer: President CECONY 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Gurudatta D Nadkarni officer: Vice President 4 IRVING PLACE, ROOM 1450-S, NEW YORK NY 10003
Jennifer Hensley officer: SVP, Corporate Affairs 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Frances Resheske officer: Senior VP Public Affairs 4 IRVING PLACE, NEW YORK NY 10003
De La Bastide Lore officer: SVP, Utility Shared Services 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
John Mcavoy officer: President & CEO, O&R 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Yukari Saegusa officer: Vice President and Treasurer 4 IRVING PLACE, ROOM 1450-S, NEW YORK NY 10003