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Western Digital (WBO:WDC) Shiller PE Ratio : 64.35 (As of May. 11, 2024)


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What is Western Digital Shiller PE Ratio?

As of today (2024-05-11), Western Digital's current share price is €66.92. Western Digital's E10 for the quarter that ended in Mar. 2024 was €1.04. Western Digital's Shiller PE Ratio for today is 64.35.

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

WBO:WDC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.64   Med: 17.91   Max: 65.28
Current: 64

During the past years, Western Digital's highest Shiller PE Ratio was 65.28. The lowest was 7.64. And the median was 17.91.

WBO:WDC's Shiller PE Ratio is ranked worse than
84.83% of 1378 companies
in the Hardware industry
Industry Median: 24.16 vs WBO:WDC: 64.00

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.

Western Digital's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.313. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Western Digital Shiller PE Ratio Historical Data

The historical data trend for Western Digital'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.

Western Digital Shiller PE Ratio Chart

Western Digital 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 12.38 14.36 22.79 14.65 18.19

Western Digital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.58 18.19 28.21 40.72 60.99

Competitive Comparison of Western Digital's Shiller PE Ratio

For the Computer Hardware subindustry, Western Digital'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.


Western Digital's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Western Digital's Shiller PE Ratio distribution charts can be found below:

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



Western Digital 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.

Western Digital's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=66.92/1.04
=64.35

* 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.

Western Digital's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Western Digital's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.313/129.4194*129.4194
=0.313

Current CPI (Mar. 2024) = 129.4194.

Western Digital Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.972 100.560 1.251
201409 1.366 100.428 1.760
201412 1.492 99.070 1.949
201503 1.506 99.621 1.956
201506 0.838 100.684 1.077
201509 1.078 100.392 1.390
201512 0.982 99.792 1.274
201603 0.287 100.470 0.370
201606 -1.193 101.688 -1.518
201609 -1.140 101.861 -1.448
201612 0.758 101.863 0.963
201703 0.776 102.862 0.976
201706 0.828 103.349 1.037
201709 1.871 104.136 2.325
201712 -2.349 104.011 -2.923
201803 0.162 105.290 0.199
201806 2.106 106.317 2.564
201809 1.465 106.507 1.780
201812 -1.477 105.998 -1.803
201903 -1.761 107.251 -2.125
201906 -0.593 108.070 -0.710
201909 -0.844 108.329 -1.008
201912 -0.423 108.420 -0.505
202003 0.054 108.902 0.064
202006 0.435 108.767 0.518
202009 -0.170 109.815 -0.200
202012 0.164 109.897 0.193
202103 0.529 111.754 0.613
202106 1.635 114.631 1.846
202109 1.641 115.734 1.835
202112 1.584 117.630 1.743
202203 0.073 121.301 0.078
202206 0.899 125.017 0.931
202209 0.081 125.227 0.084
202212 -1.340 125.222 -1.385
202303 -1.700 127.348 -1.728
202306 -2.095 128.729 -2.106
202309 -2.033 129.860 -2.026
202312 -0.853 129.419 -0.853
202403 0.313 129.419 0.313

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.


Western Digital  (WBO:WDC) 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.


Western Digital Shiller PE Ratio Related Terms

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Western Digital (WBO:WDC) Business Description

Traded in Other Exchanges
Address
5601 Great Oaks Parkway, San Jose, CA, USA, 95119
Western Digital is a leading vertically integrated supplier of data storage solutions, spanning both hard disk drives and solid-state drives. In the HDD market it forms a practical duopoly with Seagate, and it is the largest global producer of NAND flash chips for SSDs in a joint venture with competitor Kioxia.