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S&P Global (WBO:SPGI) Shiller PE Ratio : 49.14 (As of Apr. 25, 2024)


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What is S&P Global Shiller PE Ratio?

As of today (2024-04-25), S&P Global's current share price is €385.75. S&P Global's E10 for the quarter that ended in Dec. 2023 was €7.85. S&P Global's Shiller PE Ratio for today is 49.14.

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

WBO:SPGI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 18.8   Med: 44.64   Max: 71.84
Current: 47.68

During the past years, S&P Global's highest Shiller PE Ratio was 71.84. The lowest was 18.80. And the median was 44.64.

WBO:SPGI's Shiller PE Ratio is ranked worse than
80.56% of 463 companies
in the Capital Markets industry
Industry Median: 19.77 vs WBO:SPGI: 47.68

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.

S&P Global's adjusted earnings per share data for the three months ended in Dec. 2023 was €1.678. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €7.85 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


S&P Global Shiller PE Ratio Historical Data

The historical data trend for S&P Global'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.

S&P Global Shiller PE Ratio Chart

S&P Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.07 58.81 68.46 40.80 50.82

S&P Global 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 40.80 41.74 47.78 42.51 50.82

Competitive Comparison of S&P Global's Shiller PE Ratio

For the Financial Data & Stock Exchanges subindustry, S&P Global'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.


S&P Global's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, S&P Global's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where S&P Global's Shiller PE Ratio falls into.



S&P Global 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.

S&P Global's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=385.75/7.85
=49.14

* 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.

S&P Global's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, S&P Global'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)
=1.678/129.4194*129.4194
=1.678

Current CPI (Dec. 2023) = 129.4194.

S&P Global Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.643 99.695 0.835
201406 0.780 100.560 1.004
201409 0.535 100.428 0.689
201412 -2.522 99.070 -3.295
201503 1.016 99.621 1.320
201506 1.140 100.684 1.465
201509 0.820 100.392 1.057
201512 0.835 99.792 1.083
201603 0.988 100.470 1.273
201606 1.282 101.688 1.632
201609 2.994 101.861 3.804
201612 1.943 101.863 2.469
201703 1.431 102.862 1.800
201706 1.442 103.349 1.806
201709 1.351 104.136 1.679
201712 0.862 104.011 1.073
201803 1.565 105.290 1.924
201806 1.558 106.317 1.897
201809 1.671 106.507 2.030
201812 1.784 105.998 2.178
201903 1.460 107.251 1.762
201906 1.982 108.070 2.374
201909 2.270 108.329 2.712
201912 1.980 108.420 2.363
202003 2.371 108.902 2.818
202006 2.913 108.767 3.466
202009 1.596 109.815 1.881
202012 1.545 109.897 1.819
202103 2.621 111.754 3.035
202106 2.739 114.631 3.092
202109 2.805 115.734 3.137
202112 2.469 117.630 2.716
202203 4.059 121.301 4.331
202206 2.706 125.017 2.801
202209 1.858 125.227 1.920
202212 1.256 125.222 1.298
202303 2.307 127.348 2.345
202306 1.477 128.729 1.485
202309 2.183 129.860 2.176
202312 1.678 129.419 1.678

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.


S&P Global  (WBO:SPGI) 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.


S&P Global Shiller PE Ratio Related Terms

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


S&P Global (WBO:SPGI) Business Description

Address
55 Water Street, New York, NY, USA, 10041
S&P Global provides data and benchmarks to capital and commodity market participants. Its ratings business is the largest credit rating agency in the world and S&P's largest segment by profitability. S&P's largest segment by revenue is market intelligence, which provides desktop, data and advisory solutions, enterprise solutions, and credit/risk solutions mostly in the financial-services industry. S&P's other segments include commodity insights (Platts and other data), mobility (Carfax), and indexes.