EQIX (Equinix) Shiller PE Ratio: 123.31 (As of Aug. 30, 2026) — 47% Below Median

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EQIX Equinix Inc EQIX
92 GF Score
Price $1,044.41
GF Value $943.33
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Equinix Shiller PE Ratio?

Equinix EQIX -2.98% 92 Shiller PE Ratio is 123.31 as of Aug. 30, 2026, which is 47% below its 10-year median of 231.17. GuruFocus rates EQIX with a GF Score™ of 92/100 and a GF Value™ of $943.33 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 477 REITs companies, Equinix ranks worse than 97.9% on this metric.

As of today (2026-08-30), Equinix's current share price is $1044.41. Equinix's E10 for the quarter that ended in Jun. 2026 was $8.47. Equinix's Shiller PE Ratio for today is 123.31.

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

EQIX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 103.82   Med: 231.17   Max: 323.96
Current: 123.26

During the past years, Equinix's highest Shiller PE Ratio was 323.96. The lowest was 103.82. And the median was 231.17.

EQIX's Shiller PE Ratio is ranked worse than
97.9% of 477 companies
in the REITs industry
Industry Median: 13.37 vs EQIX: 123.26

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.

Equinix's adjusted earnings per share data for the three months ended in Jun. 2026 was $4.830. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $8.47 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Equinix  (NAS:EQIX) 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.


Equinix Shiller PE Ratio Related Terms


Equinix Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Equinix'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.

Equinix Shiller PE Ratio Chart

Equinix Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 270.89 175.69 173.31 150.59 104.03

Equinix Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 116.89 109.75 104.03 122.71 123.02

EQIX vs AMT, DLR, IRM: Shiller PE Ratio Comparison

For the REIT - Specialty subindustry, Equinix'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.


Equinix Shiller PE Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Equinix's Shiller PE Ratio distribution charts can be found below:

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


EQIX
92GF Score
Equinix Inc EQIX
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Equinix 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.

Equinix's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1044.41/8.47
=123.31

* 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.

Equinix's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Equinix's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.83/333.9520*333.9520
=4.830

Current CPI (Jun. 2026) = 333.9520.

Equinix Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.720 241.428 0.996
201612 0.860 241.432 1.190
201703 0.570 243.801 0.781
201706 0.580 244.955 0.791
201709 1.020 246.819 1.380
201712 0.820 246.524 1.111
201803 0.790 249.554 1.057
201806 0.850 251.989 1.126
201809 1.550 252.439 2.050
201812 1.360 251.233 1.808
201903 1.440 254.202 1.892
201906 1.690 256.143 2.203
201909 1.410 256.759 1.834
201912 1.460 256.974 1.897
202003 1.380 258.115 1.785
202006 1.520 257.797 1.969
202009 0.740 260.280 0.949
202012 0.570 260.474 0.731
202103 1.740 264.877 2.194
202106 0.760 271.696 0.934
202109 1.680 274.310 2.045
202112 1.360 278.802 1.629
202203 1.620 287.504 1.882
202206 2.370 296.311 2.671
202209 2.300 296.808 2.588
202212 1.390 296.797 1.564
202303 2.770 301.836 3.065
202306 2.210 305.109 2.419
202309 2.930 307.789 3.179
202312 2.400 306.746 2.613
202403 2.430 312.332 2.598
202406 3.160 314.175 3.359
202409 3.100 315.301 3.283
202412 -0.140 315.605 -0.148
202503 3.500 319.799 3.655
202506 3.750 322.561 3.882
202509 3.810 324.800 3.917
202512 2.690 324.054 2.772
202603 4.200 330.213 4.248
202606 4.830 333.952 4.830

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 123.31 mean?
Equinix (EQIX) has a Shiller PE Ratio of 123.31 as of Aug. 30, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Equinix and its competitors. This is 47% below median its historical median of 231.17. Over the past decade, Equinix's Shiller PE Ratio has ranged from 103.82 to 323.96. According to the industry distribution chart, Equinix ranks #467 out of 477 companies in the REITs industry, placing it in the top 97.9%.
Is Equinix's Shiller PE Ratio too high?
Equinix's current Shiller PE Ratio of 123.31 is 47% below median its 10-year median of 231.17. Over the past 10 years, this metric has ranged from a low of 103.82 to a high of 323.96. The REITs industry median Shiller PE Ratio is 13.37. Equinix's value of 123.31 is 822.3% above this industry median. Based on the distribution chart, Equinix ranks #467 out of 477 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Equinix has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Equinix's Shiller PE Ratio compare to AMT and DLR?
According to the REITs industry distribution chart, Equinix ranks #467 out of 477 companies for Shiller PE Ratio. This places Equinix in the lower half of its industry. The industry median Shiller PE Ratio is 13.37. Equinix's value of 123.31 is 822.3% above this benchmark. Historically, Equinix's own Shiller PE Ratio has ranged from 103.82 to 323.96 over the past decade. While the company's 10-year median is 231.17 vs. the industry median of 13.37, Equinix has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a REITs company?
The median Shiller PE Ratio among REITs companies is 13.37, based on 477 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Equinix's current Shiller PE Ratio of 123.31 is 822.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Equinix and its competitors. For the REITs industry, the median Shiller PE Ratio is 13.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equinix's current Shiller PE Ratio is 123.31, which is 47% below median its own 10-year median of 231.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equinix stock overvalued right now?
Based on GuruFocus' analysis, Equinix (EQIX) is currently considered Modestly Overvalued. The stock's GF Value™ is $943.33, compared to a current price of $1,044.41 — trading 10.7% above its estimated fair value. The current Shiller PE Ratio is 123.31, which is 47% below median its 10-year median of 231.17 and 822.3% above the REITs industry median of 13.37. Equinix's overall GF Score™ is 92/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Equinix (EQIX), the current Shiller PE Ratio is 123.31 as of Aug. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Equinix (EQIX) Overvalued in 2026?

Based on GuruFocus' analysis, Equinix stock appears to be overvalued. The current stock price of $1,044.41 is trading 10.7% above its estimated GF Value™ of $943.33. GuruFocus considers Equinix to be Modestly Overvalued.

Key valuation signals for EQIX:

  • Shiller PE Ratio: 123.31 (47% below median its 10-year median of 231.17)
  • GF Value™: $943.33 vs. price of $1,044.41 (10.7% above fair value)
  • GF Score™: 92/100 with 8 warning signs
  • Industry Position: 822.3% above the REITs median (#467 of 477)

No single metric tells the full story. See the EQIX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Equinix Business Description

Industry Real EstateREITs
Address One Lagoon Drive, Redwood City, CA, USA, 94065
Equinix is one of the leading providers of cloud- and carrier-neutral data centers, offering colocation and interconnection services to hyperscalers and businesses. Equinix operates 270 properties in 77 metropolitan areas across 36 countries, serving over 10,000 customers. About 70% of Equinix's revenue comes from renting physical space, which allows hyperscalers and other clients to store servers, data storage, and networking equipment. The other 30% of revenue is generated primarily through interconnection services (20%) and other managed services (10%).
92GF Score

Get the complete analysis for EQIX

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1,044.41
Price
$943.33
GF Value