UPS (United Parcel Service) Shiller PE Ratio: 12.74 (As of Aug. 29, 2026) — 52% Below Median

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UPS United Parcel Service Inc UPS
76 GF Score
Price $105.33
GF Value $120.37
Valuation Modestly Undervalued
! 5 Warning Signs
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What is United Parcel Service Shiller PE Ratio?

United Parcel Service UPS -0.33% 76 Shiller PE Ratio is 12.74 as of Aug. 29, 2026, which is 52% below its 10-year median of 26.29. GuruFocus rates UPS with a GF Score™ of 76/100 and a GF Value™ of $120.37 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 599 Transportation companies, United Parcel Service ranks better than 69.62% on this metric.

As of today (2026-08-29), United Parcel Service's current share price is $105.33. United Parcel Service's E10 for the quarter that ended in Jun. 2026 was $8.27. United Parcel Service's Shiller PE Ratio for today is 12.74.

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

UPS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.07   Med: 26.29   Max: 45.5
Current: 12.74

During the past years, United Parcel Service's highest Shiller PE Ratio was 45.50. The lowest was 10.07. And the median was 26.29.

UPS's Shiller PE Ratio is ranked better than
69.62% of 599 companies
in the Transportation industry
Industry Median: 18.25 vs UPS: 12.74

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.

United Parcel Service's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.710. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $8.27 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Parcel Service  (NYSE:UPS) 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.


United Parcel Service Shiller PE Ratio Related Terms


United Parcel Service Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for United Parcel Service'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.

United Parcel Service Shiller PE Ratio Chart

United Parcel Service 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 38.24 24.16 20.66 15.62 12.07

United Parcel Service 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 12.30 10.15 12.07 11.85 13.00

UPS vs FDX, JBHT, FDXF: Shiller PE Ratio Comparison

For the Integrated Freight & Logistics subindustry, United Parcel Service'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.


United Parcel Service Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, United Parcel Service's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where United Parcel Service's Shiller PE Ratio falls into.


UPS
76GF Score
United Parcel Service Inc UPS
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Parcel Service 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.

United Parcel Service's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=105.33/8.27
=12.74

* 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.

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

For example, United Parcel Service'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)
=0.71/333.9520*333.9520
=0.710

Current CPI (Jun. 2026) = 333.9520.

United Parcel Service Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 1.440 241.428 1.992
201612 -0.270 241.432 -0.373
201703 1.330 243.801 1.822
201706 1.580 244.955 2.154
201709 1.440 246.819 1.948
201712 1.270 246.524 1.720
201803 1.550 249.554 2.074
201806 1.710 251.989 2.266
201809 1.730 252.439 2.289
201812 0.520 251.233 0.691
201903 1.280 254.202 1.682
201906 1.940 256.143 2.529
201909 2.010 256.759 2.614
201912 -0.120 256.974 -0.156
202003 1.110 258.115 1.436
202006 2.030 257.797 2.630
202009 2.240 260.280 2.874
202012 -3.750 260.474 -4.808
202103 5.470 264.877 6.896
202106 3.050 271.696 3.749
202109 2.650 274.310 3.226
202112 3.520 278.802 4.216
202203 3.030 287.504 3.520
202206 3.250 296.311 3.663
202209 2.960 296.808 3.330
202212 3.960 296.797 4.456
202303 2.190 301.836 2.423
202306 2.420 305.109 2.649
202309 1.310 307.789 1.421
202312 1.870 306.746 2.036
202403 1.300 312.332 1.390
202406 1.650 314.175 1.754
202409 1.800 315.301 1.906
202412 2.010 315.605 2.127
202503 1.400 319.799 1.462
202506 1.510 322.561 1.563
202509 1.550 324.800 1.594
202512 2.100 324.054 2.164
202603 1.020 330.213 1.032
202606 0.710 333.952 0.710

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 12.74 mean?
United Parcel Service (UPS) has a Shiller PE Ratio of 12.74 as of Aug. 29, 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 United Parcel Service and its competitors. This is 52% below median its historical median of 26.29. Over the past decade, United Parcel Service's Shiller PE Ratio has ranged from 10.07 to 45.50. According to the industry distribution chart, United Parcel Service ranks #182 out of 599 companies in the Transportation industry, placing it in the top 30.4%.
Is United Parcel Service's Shiller PE Ratio too high?
United Parcel Service's current Shiller PE Ratio of 12.74 is 52% below median its 10-year median of 26.29. Over the past 10 years, this metric has ranged from a low of 10.07 to a high of 45.50. The Transportation industry median Shiller PE Ratio is 18.25. United Parcel Service's value of 12.74 is 30.2% below this industry median. Based on the distribution chart, United Parcel Service ranks #182 out of 599 companies in the Transportation industry, which is above the industry midpoint. Overall, United Parcel Service has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does United Parcel Service's Shiller PE Ratio compare to FDX and JBHT?
According to the Transportation industry distribution chart, United Parcel Service ranks #182 out of 599 companies for Shiller PE Ratio. This puts United Parcel Service in the upper half of its industry. The industry median Shiller PE Ratio is 18.25. United Parcel Service's value of 12.74 is 30.2% below this benchmark. Historically, United Parcel Service's own Shiller PE Ratio has ranged from 10.07 to 45.50 over the past decade. While the company's 10-year median is 26.29 vs. the industry median of 18.25, United Parcel Service has consistently been below 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 Transportation company?
The median Shiller PE Ratio among Transportation companies is 18.25, based on 599 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. United Parcel Service's current Shiller PE Ratio of 12.74 is 30.2% below 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 United Parcel Service and its competitors. For the Transportation industry, the median Shiller PE Ratio is 18.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Parcel Service's current Shiller PE Ratio is 12.74, which is 52% below median its own 10-year median of 26.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Parcel Service stock overvalued right now?
Based on GuruFocus' analysis, United Parcel Service (UPS) is currently considered Modestly Undervalued. The stock's GF Value™ is $120.37, compared to a current price of $105.33 — trading 12.5% below its estimated fair value. The current Shiller PE Ratio is 12.74, which is 52% below median its 10-year median of 26.29 and 30.2% below the Transportation industry median of 18.25. United Parcel Service's overall GF Score™ is 76/100 with 5 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 United Parcel Service (UPS), the current Shiller PE Ratio is 12.74 as of Aug. 29, 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 United Parcel Service (UPS) Overvalued in 2026?

Based on GuruFocus' analysis, United Parcel Service stock appears to be undervalued. The current stock price of $105.33 is trading 12.5% below its estimated GF Value™ of $120.37. GuruFocus considers United Parcel Service to be Modestly Undervalued.

Key valuation signals for UPS:

  • Shiller PE Ratio: 12.74 (52% below median its 10-year median of 26.29)
  • GF Value™: $120.37 vs. price of $105.33 (12.5% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 30.2% below the Transportation median (#182 of 599)

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


United Parcel Service Business Description

Address 55 Glenlake Parkway, N.E. Atlanta, Atlanta, GA, USA, 30328
As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 22 million packages per day to residences and businesses across the globe. UPS' domestic US package operations generate around 65% of total revenue, while international package makes up 20%. Air and ocean freight forwarding and contract logistics make up the remainder.
76GF Score

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

$105.33
Price
$120.37
GF Value