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Moody's (FRA:DUT) Shiller PE Ratio : 49.01 (As of Apr. 27, 2024)


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What is Moody's Shiller PE Ratio?

As of today (2024-04-27), Moody's's current share price is €345.00. Moody's's E10 for the quarter that ended in Dec. 2023 was €7.04. Moody's's Shiller PE Ratio for today is 49.01.

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

FRA:DUT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 25.06   Med: 42.36   Max: 66.04
Current: 48.13

During the past years, Moody's's highest Shiller PE Ratio was 66.04. The lowest was 25.06. And the median was 42.36.

FRA:DUT's Shiller PE Ratio is ranked worse than
81.2% of 468 companies
in the Capital Markets industry
Industry Median: 19.88 vs FRA:DUT: 48.13

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.

Moody's's adjusted earnings per share data for the three months ended in Dec. 2023 was €1.696. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €7.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Moody's Shiller PE Ratio Historical Data

The historical data trend for Moody's'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.

Moody's Shiller PE Ratio Chart

Moody's 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 54.16 56.56 61.08 38.86 49.98

Moody's 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 38.86 41.04 45.69 40.64 49.98

Competitive Comparison of Moody's's Shiller PE Ratio

For the Financial Data & Stock Exchanges subindustry, Moody's'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.


Moody's's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Moody's's Shiller PE Ratio distribution charts can be found below:

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



Moody's 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.

Moody's's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=345.00/7.04
=49.01

* 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.

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

For example, Moody's'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)
=1.696/129.4194*129.4194
=1.696

Current CPI (Dec. 2023) = 129.4194.

Moody's Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.723 99.695 0.939
201406 1.089 100.560 1.402
201409 0.776 100.428 1.000
201412 0.908 99.070 1.186
201503 1.026 99.621 1.333
201506 1.140 100.684 1.465
201509 1.016 100.392 1.310
201512 1.001 99.792 1.298
201603 0.835 100.470 1.076
201606 1.157 101.688 1.473
201609 1.167 101.861 1.483
201612 -2.133 101.863 -2.710
201703 1.664 102.862 2.094
201706 1.433 103.349 1.794
201709 1.368 104.136 1.700
201712 0.110 104.011 0.137
201803 1.557 105.290 1.914
201806 1.661 106.317 2.022
201809 1.363 106.507 1.656
201812 1.134 105.998 1.385
201903 1.708 107.251 2.061
201906 1.434 108.070 1.717
201909 1.807 108.329 2.159
201912 1.692 108.420 2.020
202003 2.326 108.902 2.764
202006 2.389 108.767 2.843
202009 2.097 109.815 2.471
202012 1.365 109.897 1.607
202103 3.276 111.754 3.794
202106 2.548 114.631 2.877
202109 2.151 115.734 2.405
202112 2.018 117.630 2.220
202203 2.433 121.301 2.596
202206 1.674 125.017 1.733
202209 1.667 125.227 1.723
202212 1.265 125.222 1.307
202303 2.540 127.348 2.581
202306 1.892 128.729 1.902
202309 1.977 129.860 1.970
202312 1.696 129.419 1.696

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.


Moody's  (FRA:DUT) 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.


Moody's Shiller PE Ratio Related Terms

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


Moody's (FRA:DUT) Business Description

Traded in Other Exchanges
Address
7 World Trade Center at 250 Greenwich Street, New York, NY, USA, 10007
Moody's, along with S&P Ratings, is a leading provider of credit ratings on fixed-income securities. The ratings segment, Moody's Investors Service, includes corporates, structured finance, financial institutions, and public finance ratings. MIS represents a majority of the firm's revenue and profits. The other segment, Moody's Analytics, consists of research, data, and analytics as well as enterprise risk solutions. RD&A's products include credit research, quantitative credit scores, economic research, business intelligence, know-your-customer tools, commercial real estate data and analytical tools, and training services. ERS includes risk-management software solutions for financial institutions.

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