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Broadridge Financial Solutions (Broadridge Financial Solutions) Shiller PE Ratio : 46.01 (As of Apr. 25, 2024)


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What is Broadridge Financial Solutions Shiller PE Ratio?

As of today (2024-04-25), Broadridge Financial Solutions's current share price is $195.56. Broadridge Financial Solutions's E10 for the quarter that ended in Dec. 2023 was $4.25. Broadridge Financial Solutions's Shiller PE Ratio for today is 46.01.

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

BR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 30.19   Med: 45.92   Max: 63.76
Current: 46.01

During the past years, Broadridge Financial Solutions's highest Shiller PE Ratio was 63.76. The lowest was 30.19. And the median was 45.92.

BR's Shiller PE Ratio is ranked worse than
69.34% of 897 companies
in the Software industry
Industry Median: 30.36 vs BR: 46.01

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.

Broadridge Financial Solutions's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.590. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.25 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Broadridge Financial Solutions Shiller PE Ratio Historical Data

The historical data trend for Broadridge Financial Solutions'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.

Broadridge Financial Solutions Shiller PE Ratio Chart

Broadridge Financial Solutions Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.78 47.27 51.70 38.02 39.72

Broadridge Financial Solutions 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 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 35.19 36.67 39.72 42.27 48.40

Competitive Comparison of Broadridge Financial Solutions's Shiller PE Ratio

For the Information Technology Services subindustry, Broadridge Financial Solutions'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.


Broadridge Financial Solutions's Shiller PE Ratio Distribution in the Software Industry

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

* The bar in red indicates where Broadridge Financial Solutions's Shiller PE Ratio falls into.



Broadridge Financial Solutions 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.

Broadridge Financial Solutions's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=195.56/4.25
=46.01

* 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.

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

For example, Broadridge Financial Solutions'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)
=0.59/129.4194*129.4194
=0.590

Current CPI (Dec. 2023) = 129.4194.

Broadridge Financial Solutions Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.410 99.695 0.532
201406 1.130 100.560 1.454
201409 0.260 100.428 0.335
201412 0.280 99.070 0.366
201503 0.430 99.621 0.559
201506 1.350 100.684 1.735
201509 0.280 100.392 0.361
201512 0.330 99.792 0.428
201603 0.520 100.470 0.670
201606 1.400 101.688 1.782
201609 0.280 101.861 0.356
201612 0.250 101.863 0.318
201703 0.630 102.862 0.793
201706 1.570 103.349 1.966
201709 0.420 104.136 0.522
201712 0.520 104.011 0.647
201803 0.900 105.290 1.106
201806 1.720 106.317 2.094
201809 0.640 106.507 0.778
201812 0.420 105.998 0.513
201903 1.450 107.251 1.750
201906 1.550 108.070 1.856
201909 0.480 108.329 0.573
201912 0.090 108.420 0.107
202003 1.430 108.902 1.699
202006 1.970 108.767 2.344
202009 0.560 109.815 0.660
202012 0.480 109.897 0.565
202103 1.400 111.754 1.621
202106 2.200 114.631 2.484
202109 0.570 115.734 0.637
202112 0.400 117.630 0.440
202203 1.490 121.301 1.590
202206 2.090 125.017 2.164
202209 0.420 125.227 0.434
202212 0.480 125.222 0.496
202303 1.670 127.348 1.697
202306 2.720 128.729 2.735
202309 0.760 129.860 0.757
202312 0.590 129.419 0.590

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.


Broadridge Financial Solutions  (NYSE:BR) 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.


Broadridge Financial Solutions Shiller PE Ratio Related Terms

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


Broadridge Financial Solutions (Broadridge Financial Solutions) Business Description

Traded in Other Exchanges
Address
5 Dakota Drive, Suite 300, Lake Success, NY, USA, 11042
Broadridge Financial Solutions, which was spun off from ADP in 2007, is a leading provider of investor communications and technology-driven solutions to banks, broker/dealers, asset managers, wealth managers, and corporate issuers. Broadridge is composed of two segments: investor communication solutions, or ICS, and global technology and operations, or GTO.
Executives
Christopher John Perry officer: Corporate SVP 1981 MARCUS AVENUE, LAKE SUCCESS NY 11042
Laura Matlin officer: VP, Deputy GC and CGO C/O BROADRIDGE, 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Keir D Gumbs officer: CVP and Chief Legal Officer C/O BROADRIDGE FINANCIAL SOLUTIONS, INC., 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Timothy C Gokey officer: Senior Vice President 5 DAKOTA DRIVE, SUITE 300, LAKE SUCCESS NY 11042
Richard J Daly director, officer: Chief Executive Officer 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Thomas P Carey officer: Corporate VP C/O BROADRIDGE FINANCIAL SOLUTIONS, 5 DAKOTA DR., STE 300, LAKE SUCCESS NY 11042
Douglas Richard Deschutter officer: Corporate Vice President 5 DAKOTA DRIVE, SUITE 300, LAKE SUCCESS NY 11042
Leslie A Brun director 435 DEVON PARK DRIVE, 700 BUILDING, WAYNE PA 19087
Robert Schifellite officer: Corporate Vice President 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Robert N Duelks director 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Robert F Kalenka officer: Corporate Vice President 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Richard John Stingi officer: Corporate VP and CHRO C/O BROADRIDGE FINANCIAL SOLUTIONS, 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Thomas J Perna director 89 ROBBINS AVENUE, BERKELEY HEIGHTS NJ 07922
Eileen K Murray director 1585 BROADWAY, NEW YORK NY 10036
Vijay Mayadas officer: VP, Strategy C/O BROADRIDGE FINANCIAL SOLUTIONS, 5 DAKOTA DRIVE, LAKE SUCCESS NE 11042