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BEN (Franklin Resources) Shiller PE Ratio : 6.81 (As of Apr. 27, 2025)


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What is Franklin Resources Shiller PE Ratio?

As of today (2025-04-27), Franklin Resources's current share price is $18.72. Franklin Resources's E10 for the quarter that ended in Dec. 2024 was $2.75. Franklin Resources's Shiller PE Ratio for today is 6.81.

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

BEN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.12   Med: 9.73   Max: 19.44
Current: 6.82

During the past years, Franklin Resources's highest Shiller PE Ratio was 19.44. The lowest was 5.12. And the median was 9.73.

BEN's Shiller PE Ratio is ranked better than
86.28% of 751 companies
in the Asset Management industry
Industry Median: 12.34 vs BEN: 6.82

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.

Franklin Resources's adjusted earnings per share data for the three months ended in Dec. 2024 was $0.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.75 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Franklin Resources Shiller PE Ratio Historical Data

The historical data trend for Franklin Resources'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.

Franklin Resources Shiller PE Ratio Chart

Franklin Resources Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.74 9.31 6.47 7.74 7.10

Franklin Resources Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 9.64 9.21 7.50 7.10 7.39

Competitive Comparison of Franklin Resources's Shiller PE Ratio

For the Asset Management subindustry, Franklin Resources'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.


Franklin Resources's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Franklin Resources's Shiller PE Ratio distribution charts can be found below:

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


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Franklin Resources 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.

Franklin Resources's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=18.72/2.75
=6.81

* 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.

Franklin Resources's E10 for the quarter that ended in Dec. 2024 is calculated as:

For example, Franklin Resources's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.29/133.1571*133.1571
=0.290

Current CPI (Dec. 2024) = 133.1571.

Franklin Resources Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 0.980 99.621 1.310
201506 0.820 100.684 1.084
201509 0.590 100.392 0.783
201512 0.740 99.792 0.987
201603 0.610 100.470 0.808
201606 0.770 101.688 1.008
201609 0.820 101.861 1.072
201612 0.770 101.863 1.007
201703 0.740 102.862 0.958
201706 0.730 103.349 0.941
201709 0.760 104.136 0.972
201712 -1.060 104.011 -1.357
201803 0.780 105.290 0.986
201806 0.750 106.317 0.939
201809 0.960 106.507 1.200
201812 0.540 105.998 0.678
201903 0.720 107.251 0.894
201906 0.480 108.070 0.591
201909 0.610 108.329 0.750
201912 0.700 108.420 0.860
202003 0.160 108.902 0.196
202006 0.580 108.767 0.710
202009 0.150 109.815 0.182
202012 0.670 109.897 0.812
202103 0.740 111.754 0.882
202106 0.860 114.631 0.999
202109 1.300 115.734 1.496
202112 0.880 117.630 0.996
202203 0.680 121.301 0.746
202206 0.500 125.017 0.533
202209 0.460 125.227 0.489
202212 0.320 125.222 0.340
202303 0.380 127.348 0.397
202306 0.440 128.729 0.455
202309 0.580 129.860 0.595
202312 0.500 129.419 0.514
202403 0.230 131.776 0.232
202406 0.320 132.554 0.321
202409 -0.190 133.029 -0.190
202412 0.290 133.157 0.290

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.


Franklin Resources  (NYSE:BEN) 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.


Franklin Resources Shiller PE Ratio Related Terms

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


Franklin Resources Business Description

Traded in Other Exchanges
Address
One Franklin Parkway, San Mateo, CA, USA, 94403
Franklin Resources provides investment services for individual and institutional investors. At the end of February 2025, Franklin had $1.577 trillion in managed assets, composed primarily of equity (39%), fixed-income (30%), multi-asset/balanced (11%) funds, alternatives (16%) and money market funds (4%). Distribution tends to be weighted not quite equally between retail investors (54% of AUM) and institutional accounts (43%), with high-net-worth clients accounting for the remainder. Franklin is one of the more global of the US-based asset managers we cover, with 30% of its assets under management invested in global/international strategies and just as much sourced from clients domiciled outside the United States.
Executives
Charles B Johnson director, 10 percent owner, officer: Chairman of the Board & CEO FRANKLIN TEMPLETON INVESTMENTS, ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson officer: Senior Vice President C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Alok Sethi officer: Reg. S-K Executive Officer ONE FRANKLING PARKWAY, SAN MATEO CA 94403
Mariann H Byerwalter director C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY 920/2, SAN MATEO CA 94403
Terrence Murphy officer: Section 16 Officer CITIGROUP ASSET MANAGEMENT, 300 FIRST STAMFORD PLACE, 4TH FLOOR, STAMFORD CT 06902
Jed A. Plafker officer: Reg. S-K Executive Officer ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Thomas C Merchant officer: EVP, General Counsel LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Gwen L Shaneyfelt officer: Chief Accounting Officer ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Karen Matsushima King director C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
John Y Kim director 51 MADISON AVENUE, NEW YORK NY 10010
John W Thiel director C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Alexander S Friedman director C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Adam Benjamin Spector officer: EVP, Global Advisory Services 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Craig Steven Tyle officer: Exec VP and General Counsel ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Anthony Noto director C/O SOFI TECHNOLOGIES, INC., 234 1ST STREET, SAN FRANCISCO CA 94105