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BCE Shiller PE Ratio

: 19.43 (As of Today)
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As of today (2021-12-03), BCE's current share price is $51.29. BCE's E10 for the quarter that ended in Sep. 2021 was $2.64. BCE's Shiller PE Ratio for today is 19.43.

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

NYSE:BCE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.76   Med: 18.05   Max: 21.78
Current: 19.66

14.76
21.78

During the past years, BCE's highest Shiller PE Ratio was 21.78. The lowest was 14.76. And the median was 18.05.

NYSE:BCE's Shiller PE Ratio is ranked lower than
60% of the 209 Companies
in the Telecommunication Services industry.

( Industry Median: 17.34 vs. NYSE:BCE: 19.66 )

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.

BCE's adjusted earnings per share data for the three months ended in Sep. 2021 was $0.655. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.64 for the trailing ten years ended in Sep. 2021.

Shiller PE for Stocks: The True Measure of Stock Valuation


BCE Shiller PE Ratio Historical Data

The historical data trend for BCE'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.

BCE Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.95 21.10 17.33 18.41 16.77

BCE Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 17.34 16.77 17.24 18.42 19.00

Competitive Comparison

For the Telecom Services subindustry, BCE'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.

   

BCE Shiller PE Ratio Distribution

For the Telecommunication Services industry and Communication Services sector, BCE's Shiller PE Ratio distribution charts can be found below:

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



BCE 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.

BCE's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=51.29/2.64
=19.43

* 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.

BCE's E10 for the quarter that ended in Sep. 2021 is calculated as:

For example, BCE's adjusted earnings per share data for the three months ended in Sep. 2021 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=0.655/112.9049*112.9049
=0.655

Current CPI (Sep. 2021) = 112.9049.

BCE Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201112 0.606 94.970 0.720
201203 0.694 96.155 0.815
201206 0.914 96.076 1.074
201209 0.695 96.392 0.814
201212 0.919 95.760 1.084
201303 0.713 97.103 0.829
201306 0.717 97.182 0.833
201309 0.425 97.419 0.493
201312 0.592 96.945 0.689
201403 0.711 98.604 0.814
201406 0.720 99.473 0.817
201409 0.699 99.394 0.794
201412 0.546 98.367 0.627
201503 0.499 99.789 0.565
201506 0.728 100.500 0.818
201509 0.656 100.421 0.738
201512 0.423 99.947 0.478
201603 0.620 101.054 0.693
201606 0.690 102.002 0.764
201609 0.664 101.765 0.737
201612 0.562 101.449 0.625
201703 0.545 102.634 0.600
201706 0.639 103.029 0.700
201709 0.733 103.345 0.801
201712 0.493 103.345 0.539
201803 0.564 105.004 0.606
201806 0.602 105.557 0.644
201809 0.691 105.636 0.739
201812 0.506 105.399 0.542
201903 0.613 106.979 0.647
201906 0.640 107.690 0.671
201909 0.725 107.611 0.761
201912 0.562 107.769 0.589
202003 0.537 107.927 0.562
202006 0.192 108.401 0.200
202009 0.582 108.164 0.608
202012 0.765 108.559 0.796
202103 0.565 110.298 0.578
202106 0.622 111.720 0.629
202109 0.655 112.905 0.655

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.


BCE  (NYSE:BCE) 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.


BCE Shiller PE Ratio Related Terms

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


BCE Business Description

BCE logo
Industry
Address
1 Carrefour Alexander-Graham-Bell, Building A, 7th Floor, Verdun, QC, CAN, H3E 3B3
BCE is both a wireless and Internet service provider, offering wireless, broadband, television, and landline phone services in Canada. It is one of the big three national wireless carriers, with its roughly 10 million customers constituting about 30% of the market. It is also the ILEC (incumbent local exchange carrier--the legacy telephone provider) throughout much of the eastern half of Canada, including in the most populous Canadian provinces--Ontario and Quebec. Additionally, BCE has a media segment, which holds television, radio, and digital media assets. BCE licenses the Canadian rights to movie channels including HBO, Showtime, and Starz. In 2020, the wireline segment accounted for 55% of total EBITDA, while wireless composed 38%, and media provided the remainder.

BCE Headlines

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