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VeriSign (VeriSign) Shiller PE Ratio

: 31.29 (As of Today)
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As of today (2024-04-18), VeriSign's current share price is $183.05. VeriSign's E10 for the quarter that ended in Dec. 2023 was $5.85. VeriSign's Shiller PE Ratio for today is 31.29.

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

VRSN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 30.79   Med: 45.78   Max: 64.04
Current: 31.28

During the past years, VeriSign's highest Shiller PE Ratio was 64.04. The lowest was 30.79. And the median was 45.78.

VRSN's Shiller PE Ratio is ranked worse than
50.84% of 897 companies
in the Software industry
Industry Median: 30.42 vs VRSN: 31.28

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.

VeriSign's adjusted earnings per share data for the three months ended in Dec. 2023 was $2.600. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $5.85 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


VeriSign Shiller PE Ratio Historical Data

The historical data trend for VeriSign'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.

VeriSign Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.45 57.04 54.39 38.44 35.18

VeriSign 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 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 38.44 38.16 39.61 34.51 35.18

Competitive Comparison

For the Software - Infrastructure subindustry, VeriSign'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.


VeriSign Shiller PE Ratio Distribution

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

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



VeriSign 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.

VeriSign's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=183.05/5.85
=31.29

* 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.

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

For example, VeriSign'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)
=2.6/129.4194*129.4194
=2.600

Current CPI (Dec. 2023) = 129.4194.

VeriSign Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.640 99.695 0.831
201406 0.710 100.560 0.914
201409 0.690 100.428 0.889
201412 0.480 99.070 0.627
201503 0.660 99.621 0.857
201506 0.700 100.684 0.900
201509 0.700 100.392 0.902
201512 0.760 99.792 0.986
201603 0.820 100.470 1.056
201606 0.870 101.688 1.107
201609 0.900 101.861 1.143
201612 0.840 101.863 1.067
201703 0.940 102.862 1.183
201706 0.990 103.349 1.240
201709 0.930 104.136 1.156
201712 0.830 104.011 1.033
201803 1.090 105.290 1.340
201806 1.040 106.317 1.266
201809 1.130 106.507 1.373
201812 1.500 105.998 1.831
201903 1.350 107.251 1.629
201906 1.240 108.070 1.485
201909 1.300 108.329 1.553
201912 1.260 108.420 1.504
202003 2.860 108.902 3.399
202006 1.320 108.767 1.571
202009 1.490 109.815 1.756
202012 1.380 109.897 1.625
202103 1.330 111.754 1.540
202106 1.310 114.631 1.479
202109 1.400 115.734 1.566
202112 2.970 117.630 3.268
202203 1.430 121.301 1.526
202206 1.540 125.017 1.594
202209 1.580 125.227 1.633
202212 1.700 125.222 1.757
202303 1.700 127.348 1.728
202306 1.790 128.729 1.800
202309 1.830 129.860 1.824
202312 2.600 129.419 2.600

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.


VeriSign  (NAS:VRSN) 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.


VeriSign Shiller PE Ratio Related Terms

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


VeriSign (VeriSign) Business Description

Address
12061 Bluemont Way, Reston, VA, USA, 20190
Verisign is the sole authorized registry for several generic top-level domains, including the widely utilized .com and .net top-level domains. The company operates critical internet infrastructure to support the domain name system, including operating two of the world's 13 root servers that are used to route internet traffic. In 2018, the firm sold off its Security Services business, signalling a renewed focus on the core registry business.
Executives
D James Bidzos director 12061 BLUEMONT WAY, ATTN: GENERAL COUNSEL, RESTON VA 20190
Danny R Mcpherson officer: EVP- Engineering, Ops. & CSO 12061 BLUEMONT WAY, RESTON VA 20190
Thomas C Indelicarto officer: SVP, Gen Counsel & Secretary 12061 BLUEMONT WAY, ATTN: GENERAL COUNSEL, RESTON VA 20190
Timothy Tomlinson director 12061 BLUEMONT WAY, ATTN: GENERAL COUNSEL, RESTON VA 20190
Todd B Strubbe officer: EVP and COO VERISIGN, 12061 BLUEMONT WAY, RESTON VA 20190
Kathleen A Cote director 12061 BLUEMONT WAY, RESTON VA 20190
Yehuda Ari Buchalter director 12061 BLUEMONT WAY, RESTON VA 20190
Kilguss George E Iii officer: EVP and CFO C/O VERISIGN, INC., 12061 BLUEMONT WAY, RESTON VA 20190
Frist Thomas F Iii director 3100 WEST END AVENUE SUITE 1225, NASHVILLE TN 37203
Armstrong Courtney D director 12061 BLUEMONT WAY, RESTON VA 20190
Berkshire Hathaway Inc 10 percent owner 3555 FARNAM STREET, OMAHA NE 68131
Jamie S Gorelick director 12061 BLUEMONT WAY, RESTON VA 20190
Richard H Goshorn officer: SVP, GC and Secretary 12061 BLUEMONT WAY, ATTN: GENERAL COUNSEL, RESTON VA 20190
John D Roach director PMI GROUP INC, 601 MONTGOMERY ST, SAN FRANCISCO CA 94111
Warren E Buffett 10 percent owner 3555 FARNAM ST, STE 1440, OMAHA NE 68131

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