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Comcast (BSP:CMCS34) Shiller PE Ratio : 12.96 (As of Apr. 29, 2024)


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What is Comcast Shiller PE Ratio?

As of today (2024-04-29), Comcast's current share price is R$39.54. Comcast's E10 for the quarter that ended in Mar. 2024 was R$3.05. Comcast's Shiller PE Ratio for today is 12.96.

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

BSP:CMCS34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11   Med: 23.95   Max: 43.37
Current: 12.68

During the past years, Comcast's highest Shiller PE Ratio was 43.37. The lowest was 11.00. And the median was 23.95.

BSP:CMCS34's Shiller PE Ratio is ranked better than
58.53% of 217 companies
in the Telecommunication Services industry
Industry Median: 14.4 vs BSP:CMCS34: 12.68

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.

Comcast's adjusted earnings per share data for the three months ended in Mar. 2024 was R$0.966. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$3.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Comcast Shiller PE Ratio Historical Data

The historical data trend for Comcast'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.

Comcast Shiller PE Ratio Chart

Comcast Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.41 23.97 19.68 12.97 14.66

Comcast 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 13.55 14.39 14.94 14.66 14.25

Competitive Comparison of Comcast's Shiller PE Ratio

For the Telecom Services subindustry, Comcast'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.


Comcast's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Comcast's Shiller PE Ratio distribution charts can be found below:

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



Comcast 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.

Comcast's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=39.54/3.05
=12.96

* 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.

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

For example, Comcast'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)
=0.966/129.4194*129.4194
=0.966

Current CPI (Mar. 2024) = 129.4194.

Comcast Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.170 100.560 0.219
201409 0.231 100.428 0.298
201412 0.196 99.070 0.256
201503 0.254 99.621 0.330
201506 0.261 100.684 0.335
201509 0.312 100.392 0.402
201512 0.307 99.792 0.398
201603 0.318 100.470 0.410
201606 0.281 101.688 0.358
201609 0.299 101.861 0.380
201612 0.303 101.863 0.385
201703 0.332 102.862 0.418
201706 0.343 103.349 0.430
201709 0.345 104.136 0.429
201712 2.089 104.011 2.599
201803 0.433 105.290 0.532
201806 0.520 106.317 0.633
201809 0.509 106.507 0.619
201812 0.427 105.998 0.521
201903 0.591 107.251 0.713
201906 0.524 108.070 0.628
201909 0.577 108.329 0.689
201912 0.558 108.420 0.666
202003 0.450 108.902 0.535
202006 0.674 108.767 0.802
202009 0.475 109.815 0.560
202012 0.751 109.897 0.884
202103 0.800 111.754 0.926
202106 0.805 114.631 0.909
202109 0.908 115.734 1.015
202112 0.746 117.630 0.821
202203 0.776 121.301 0.828
202206 0.767 125.017 0.794
202209 -1.101 125.227 -1.138
202212 0.734 125.222 0.759
202303 0.948 127.348 0.963
202306 0.990 128.729 0.995
202309 0.968 129.860 0.965
202312 0.794 129.419 0.794
202403 0.966 129.419 0.966

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.


Comcast  (BSP:CMCS34) 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.


Comcast Shiller PE Ratio Related Terms

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


Comcast (BSP:CMCS34) Business Description

Address
One Comcast Center, Philadelphia, PA, USA, 19103-2838
Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to 62 million U.S. homes and businesses, or nearly half of the country. About 55% of the homes in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC broadcast network, the Peacock streaming platform, several local NBC affiliates, Universal Studios, and several theme parks. Sky, acquired in 2018, is the dominant television provider in the U.K. and has invested heavily in proprietary content to build this position. Sky is also the largest pay-television provider in Italy and has a presence in Germany and Austria.

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