GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Thomson Reuters Corp (STU:TOC) » Definitions » Shiller PE Ratio

Thomson Reuters (STU:TOC) Shiller PE Ratio : 33.46 (As of May. 06, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Thomson Reuters Shiller PE Ratio?

As of today (2024-05-06), Thomson Reuters's current share price is €154.25. Thomson Reuters's E10 for the quarter that ended in Mar. 2024 was €4.61. Thomson Reuters's Shiller PE Ratio for today is 33.46.

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

STU:TOC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.43   Med: 27.02   Max: 35.74
Current: 33.15

During the past years, Thomson Reuters's highest Shiller PE Ratio was 35.74. The lowest was 16.43. And the median was 27.02.

STU:TOC's Shiller PE Ratio is ranked worse than
73.22% of 519 companies
in the Business Services industry
Industry Median: 19.71 vs STU:TOC: 33.15

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.

Thomson Reuters's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.975. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €4.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thomson Reuters Shiller PE Ratio Historical Data

The historical data trend for Thomson Reuters'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.

Thomson Reuters Shiller PE Ratio Chart

Thomson Reuters 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 29.80 31.63 29.34 27.96 28.88

Thomson Reuters 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 30.22 28.31 25.85 28.88 31.01

Competitive Comparison of Thomson Reuters's Shiller PE Ratio

For the Specialty Business Services subindustry, Thomson Reuters'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.


Thomson Reuters's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Thomson Reuters's Shiller PE Ratio distribution charts can be found below:

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



Thomson Reuters 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.

Thomson Reuters's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=154.25/4.61
=33.46

* 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.

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

For example, Thomson Reuters'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)
=0.975/125.4675*125.4675
=0.975

Current CPI (Mar. 2024) = 125.4675.

Thomson Reuters Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.261 99.473 0.329
201409 0.248 99.394 0.313
201412 1.325 98.367 1.690
201503 0.401 99.789 0.504
201506 0.336 100.500 0.419
201509 0.367 100.421 0.459
201512 0.556 99.947 0.698
201603 0.349 101.054 0.433
201606 0.458 102.002 0.563
201609 0.367 101.765 0.452
201612 3.282 101.449 4.059
201703 0.438 102.634 0.535
201706 0.275 103.029 0.335
201709 0.441 103.345 0.535
201712 0.782 103.345 0.949
201803 -0.445 105.004 -0.532
201806 0.861 105.557 1.023
201809 0.347 105.636 0.412
201812 5.635 105.399 6.708
201903 0.184 106.979 0.216
201906 0.331 107.690 0.386
201909 -0.085 107.611 -0.099
201912 2.465 107.769 2.870
202003 0.366 107.927 0.425
202006 0.230 108.401 0.266
202009 0.423 108.164 0.491
202012 0.964 108.559 1.114
202103 8.827 110.298 10.041
202106 1.851 111.720 2.079
202109 -0.432 112.905 -0.480
202112 -0.331 113.774 -0.365
202203 1.940 117.646 2.069
202206 -0.236 120.806 -0.245
202209 0.475 120.648 0.494
202212 0.578 120.964 0.600
202303 1.485 122.702 1.518
202306 1.754 124.203 1.772
202309 0.750 125.230 0.751
202312 1.366 125.468 1.366
202403 0.975 125.468 0.975

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.


Thomson Reuters  (STU:TOC) 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.


Thomson Reuters Shiller PE Ratio Related Terms

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


Thomson Reuters (STU:TOC) Business Description

Address
333 Bay Street, Suite 300, Toronto, ON, CAN, M5H 2R2
Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008. In 2021, Thomson Reuters completed the sale of Refinitiv to LSE Group. Thomson Reuters' three largest segments are its legal professionals, Tax and accounting, and corporates segments. Legal professionals is about 42% of the firm's revenue and 47% of the firm's adjusted EBITDA. Tax and accounting makes up about 20%-25% of the firm's revenue and EBITDA. Corporates, which consists of legal professionals and tax and accounting products sold to corporations, also makes up about 20%-25% of the firm's revenue and EBITDA. Thomson Reuters' smaller segments include its Reuters news business and global print business.

Thomson Reuters (STU:TOC) Headlines

No Headlines