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MicroStrategy (FRA:MIGA) Shiller PE Ratio : (As of May. 15, 2024)


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What is MicroStrategy Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MicroStrategy Shiller PE Ratio Historical Data

The historical data trend for MicroStrategy'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.

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MicroStrategy Shiller PE Ratio Chart

MicroStrategy 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 33.84 103.60 - - -

MicroStrategy 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 - - - - -

Competitive Comparison of MicroStrategy's Shiller PE Ratio

For the Software - Application subindustry, MicroStrategy'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.


MicroStrategy's Shiller PE Ratio Distribution in the Software Industry

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

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



MicroStrategy 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.

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

For example, MicroStrategy'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)
=-2.843/129.4194*129.4194
=-2.843

Current CPI (Mar. 2024) = 129.4194.

MicroStrategy Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.670 100.560 -0.862
201409 -0.054 100.428 -0.070
201412 1.614 99.070 2.108
201503 1.654 99.621 2.149
201506 1.737 100.684 2.233
201509 1.835 100.392 2.366
201512 3.103 99.792 4.024
201603 1.114 100.470 1.435
201606 1.460 101.688 1.858
201609 2.058 101.861 2.615
201612 2.550 101.863 3.240
201703 1.253 102.862 1.577
201706 0.765 103.349 0.958
201709 1.326 104.136 1.648
201712 -1.935 104.011 -2.408
201803 0.122 105.290 0.150
201806 0.360 106.317 0.438
201809 0.943 106.507 1.146
201812 0.264 105.998 0.322
201903 -0.681 107.251 -0.822
201906 1.752 108.070 2.098
201909 0.854 108.329 1.020
201912 1.062 108.420 1.268
202003 0.063 108.902 0.075
202006 0.311 108.767 0.370
202009 -1.257 109.815 -1.481
202012 0.222 109.897 0.261
202103 -9.576 111.754 -11.090
202106 -25.489 114.631 -28.777
202109 -3.069 115.734 -3.432
202112 -7.461 117.630 -8.209
202203 -10.515 121.301 -11.219
202206 -88.933 125.017 -92.065
202209 -2.414 125.227 -2.495
202212 -20.702 125.222 -21.396
202303 29.692 127.348 30.175
202306 1.403 128.729 1.411
202309 -9.454 129.860 -9.422
202312 4.548 129.419 4.548
202403 -2.843 129.419 -2.843

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.


MicroStrategy  (FRA:MIGA) 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.


MicroStrategy Shiller PE Ratio Related Terms

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MicroStrategy (FRA:MIGA) Business Description

Traded in Other Exchanges
Address
1850 Towers Crescent Plaza, Tysons Corner, VA, USA, 22182
MicroStrategy Inc is a provider of enterprise analytics and mobility software. It offers MicroStrategy Analytics platform that delivers reports and dashboards and enables users to conduct ad hoc analysis and share insights through mobile devices or the Web; MicroStrategy Server, which provides analytical processing and job management. The company's reportable operating segment is engaged in the design, development, marketing, and sales of its software platform through licensing arrangements and cloud-based subscriptions and related services.

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