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Morgan Stanley (MEX:MS) Shiller PE Ratio

: 15.99 (As of Today)
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As of today (2023-03-25), Morgan Stanley's current share price is MXN1545.00. Morgan Stanley's E10 for the quarter that ended in Dec. 2022 was MXN96.63. Morgan Stanley's Shiller PE Ratio for today is 15.99.

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

MEX:MS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.08   Med: 16.54   Max: 38.76
Current: 16.66

During the past years, Morgan Stanley's highest Shiller PE Ratio was 38.76. The lowest was 4.08. And the median was 16.54.

MEX:MS's Shiller PE Ratio is ranked worse than
52.53% of 415 companies
in the Capital Markets industry
Industry Median: 15.79 vs MEX:MS: 16.66

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.

Morgan Stanley's adjusted earnings per share data for the three months ended in Dec. 2022 was MXN24.715. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN96.63 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Morgan Stanley Shiller PE Ratio Historical Data

The historical data trend for Morgan Stanley'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.

Morgan Stanley 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 18.48 18.08 21.26 23.69 16.87

Morgan Stanley 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 23.69 19.50 16.11 15.97 16.87

Competitive Comparison

For the Capital Markets subindustry, Morgan Stanley'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.

   

Morgan Stanley Shiller PE Ratio Distribution

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

* The bar in red indicates where Morgan Stanley'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.



Morgan Stanley 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.

Morgan Stanley's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1545.00/96.63
=15.99

* 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.

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

For example, Morgan Stanley'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)
=24.715/125.2218*125.2218
=24.715

Current CPI (Dec. 2022) = 125.2218.

Morgan Stanley Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201303 6.000 98.209 7.650
201306 5.315 98.518 6.756
201309 5.875 98.790 7.447
201312 0.911 98.326 1.160
201403 9.763 99.695 12.263
201406 11.954 100.560 14.886
201409 10.987 100.428 13.700
201412 6.825 99.070 8.627
201503 17.980 99.621 22.601
201506 13.157 100.684 16.364
201509 8.083 100.392 10.082
201512 6.657 99.792 8.353
201603 9.697 100.470 12.086
201606 13.990 101.688 17.228
201609 15.587 101.861 19.162
201612 16.604 101.863 20.412
201703 19.280 102.862 23.471
201706 15.772 103.349 19.110
201709 16.582 104.136 19.940
201712 5.561 104.011 6.695
201803 26.956 105.290 32.059
201806 26.374 106.317 31.064
201809 22.229 106.507 26.135
201812 16.078 105.998 18.994
201903 26.749 107.251 31.231
201906 23.706 108.070 27.469
201909 24.825 108.329 28.696
201912 24.833 108.420 28.681
202003 22.602 108.902 25.989
202006 43.722 108.767 50.336
202009 35.958 109.815 41.003
202012 36.128 109.897 41.166
202103 45.442 111.754 50.918
202106 37.058 114.631 40.482
202109 39.691 115.734 42.945
202112 42.061 117.630 44.776
202203 41.500 121.301 42.841
202206 27.814 125.017 27.860
202209 29.501 125.227 29.500
202212 24.715 125.222 24.715

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.


Morgan Stanley  (MEX:MS) 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.


Morgan Stanley Shiller PE Ratio Related Terms

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


Morgan Stanley (MEX:MS) Business Description

Morgan Stanley logo
Address
1585 Broadway, New York, NY, USA, 10036
Morgan Stanley is a global investment bank whose history, through its legacy firms, can be traced back to 1924. The company has institutional securities, wealth management, and investment management segments. The company had about $5 trillion of client assets as well as over 70,000 employees at the end of 2021. Approximately 50% of the company's net revenue is from its institutional securities business, with the remainder coming from wealth and investment management. The company derives about 30% of its total revenue outside the Americas.

Morgan Stanley (MEX:MS) Headlines