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BlackRock (BSP:BLAK34) Shiller PE Ratio : 23.96 (As of May. 08, 2025)


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What is BlackRock Shiller PE Ratio?

As of today (2025-05-08), BlackRock's current share price is R$80.25. BlackRock's E10 for the quarter that ended in Dec. 2024 was R$3.35. BlackRock's Shiller PE Ratio for today is 23.96.

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

BSP:BLAK34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.92   Med: 26.78   Max: 38
Current: 25.79

During the past years, BlackRock's highest Shiller PE Ratio was 38.00. The lowest was 16.92. And the median was 26.78.

BSP:BLAK34's Shiller PE Ratio is ranked worse than
84.2% of 753 companies
in the Asset Management industry
Industry Median: 12.4 vs BSP:BLAK34: 25.79

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.

BlackRock's adjusted earnings per share data for the three months ended in Dec. 2024 was R$0.983. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$3.35 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BlackRock Shiller PE Ratio Historical Data

The historical data trend for BlackRock'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.

BlackRock Shiller PE Ratio Chart

BlackRock Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.12 33.68 23.17 24.55 28.73

BlackRock Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 24.42 22.67 26.95 28.73 -

Competitive Comparison of BlackRock's Shiller PE Ratio

For the Asset Management subindustry, BlackRock'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.


BlackRock's Shiller PE Ratio Distribution in the Asset Management Industry

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

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


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BlackRock 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.

BlackRock's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=80.25/3.35
=23.96

* 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.

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

For example, BlackRock'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)
=0.983/133.1571*133.1571
=0.983

Current CPI (Dec. 2024) = 133.1571.

BlackRock Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 0.229 99.621 0.306
201506 0.227 100.684 0.300
201509 0.295 100.392 0.391
201512 0.299 99.792 0.399
201603 0.219 100.470 0.290
201606 0.244 101.688 0.320
201609 0.258 101.861 0.337
201612 0.260 101.863 0.340
201703 0.246 102.862 0.318
201706 0.259 103.349 0.334
201709 0.272 104.136 0.348
201712 0.697 104.011 0.892
201803 0.331 105.290 0.419
201806 0.377 106.317 0.472
201809 0.468 106.507 0.585
201812 0.339 105.998 0.426
201903 0.383 107.251 0.476
201906 0.373 108.070 0.460
201909 0.444 108.329 0.546
201912 0.513 108.420 0.630
202003 0.380 108.902 0.465
202006 0.615 108.767 0.753
202009 0.723 109.815 0.877
202012 0.778 109.897 0.943
202103 0.661 111.754 0.788
202106 0.677 114.631 0.786
202109 0.868 115.734 0.999
202112 0.907 117.630 1.027
202203 0.705 121.301 0.774
202206 0.540 125.017 0.575
202209 0.735 125.227 0.782
202212 0.659 125.222 0.701
202303 0.603 127.348 0.631
202306 0.666 128.729 0.689
202309 0.798 129.860 0.818
202312 0.679 129.419 0.699
202403 0.791 131.776 0.799
202406 0.815 132.554 0.819
202409 0.915 133.029 0.916
202412 0.983 133.157 0.983

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.


BlackRock  (BSP:BLAK34) 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.


BlackRock Shiller PE Ratio Related Terms

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


BlackRock Business Description

Address
50 Hudson Yards, New York, NY, USA, 10001
BlackRock is the largest asset manager in the world, with $11.584 trillion in assets under management at the end of March 2025. Its product mix is diverse, with 53% of managed assets in equity strategies, 26% in fixed income, 9% in multi-asset classes, 8% in money market funds, and 4% in alternatives. Passive strategies account for two thirds of long-term AUM, with the company's ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which by our calculations account for around 80% of AUM. BlackRock is geographically diverse, with clients in more than 100 countries and more than one third of managed assets coming from investors domiciled outside the US and Canada.

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