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Tesla (LIM:TSLA) Shiller PE Ratio

: 766.36 (As of Today)
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As of today (2023-04-01), Tesla's current share price is $191.59. Tesla's E10 for the quarter that ended in Dec. 2022 was $0.25. Tesla's Shiller PE Ratio for today is 766.36.

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

LIM:TSLA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 434.85   Med: 1374.87   Max: 7500.75
Current: 789.88

During the past years, Tesla's highest Shiller PE Ratio was 7500.75. The lowest was 434.85. And the median was 1374.87.

LIM:TSLA's Shiller PE Ratio is ranked worse than
99.54% of 651 companies
in the Vehicles & Parts industry
Industry Median: 17.24 vs LIM:TSLA: 789.88

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.

Tesla's adjusted earnings per share data for the three months ended in Dec. 2022 was $1.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.25 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tesla Shiller PE Ratio Historical Data

The historical data trend for Tesla'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.

Tesla Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 468.90

Tesla Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 - - 5,010.76 1,781.97 468.90

Competitive Comparison

For the Auto Manufacturers subindustry, Tesla'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.

   

Tesla Shiller PE Ratio Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Tesla's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tesla's Shiller PE Ratio falls in comparison to its industry or sector. The grey bar indicates the Shiller PE Ratio's extreme value range as defined by GuruFocus.



Tesla 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.

Tesla's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=191.59/0.25
=766.36

* 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.

Tesla's E10 for the quarter that ended in Dec. 2022 is calculated as:

For example, Tesla's adjusted earnings per share data for the three months ended in Dec. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=1.07/125.2218*125.2218
=1.070

Current CPI (Dec. 2022) = 125.2218.

Tesla Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201303 0.006 98.209 0.008
201306 -0.017 98.518 -0.022
201309 -0.021 98.790 -0.027
201312 -0.009 98.326 -0.011
201403 -0.027 99.695 -0.034
201406 -0.033 100.560 -0.041
201409 -0.040 100.428 -0.050
201412 -0.057 99.070 -0.072
201503 -0.081 99.621 -0.102
201506 -0.097 100.684 -0.121
201509 -0.119 100.392 -0.148
201512 -0.163 99.792 -0.205
201603 -0.142 100.470 -0.177
201606 -0.139 101.688 -0.171
201609 0.009 101.861 0.011
201612 -0.052 101.863 -0.064
201703 -0.136 102.862 -0.166
201706 -0.136 103.349 -0.165
201709 -0.247 104.136 -0.297
201712 -0.267 104.011 -0.321
201803 -0.279 105.290 -0.332
201806 -0.281 106.317 -0.331
201809 0.117 106.507 0.138
201812 0.052 105.998 0.061
201903 -0.273 107.251 -0.319
201906 -0.154 108.070 -0.178
201909 0.053 108.329 0.061
201912 0.037 108.420 0.043
202003 0.007 108.902 0.008
202006 0.033 108.767 0.038
202009 0.090 109.815 0.103
202012 0.080 109.897 0.091
202103 0.130 111.754 0.146
202106 0.340 114.631 0.371
202109 0.480 115.734 0.519
202112 0.683 117.630 0.727
202203 0.953 121.301 0.984
202206 0.650 125.017 0.651
202209 0.950 125.227 0.950
202212 1.070 125.222 1.070

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.


Tesla  (LIM:TSLA) 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.


Tesla Shiller PE Ratio Related Terms

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


Tesla (LIM:TSLA) Business Description

Tesla logo
Address
13101 Tesla Road, Austin, TX, USA, 78725
Founded in 2003 and based in Palo Alto, California, Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. The company sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities. Tesla has multiple vehicles in its fleet, which include luxury and midsize sedans and crossover SUVs. The company also plans to begin selling more affordable sedans and small SUVs, a light truck, a semi truck, and a sports car. Global deliveries in 2022 were a little over 1.3 million vehicles.

Tesla (LIM:TSLA) Headlines