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Mastercard (BSP:MSCD34) Shiller PE Ratio : 65.73 (As of Apr. 30, 2024)


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What is Mastercard Shiller PE Ratio?

As of today (2024-04-30), Mastercard's current share price is R$75.59. Mastercard's E10 for the quarter that ended in Dec. 2023 was R$1.15. Mastercard's Shiller PE Ratio for today is 65.73.

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

BSP:MSCD34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 46.84   Med: 66.42   Max: 94.12
Current: 61.88

During the past years, Mastercard's highest Shiller PE Ratio was 94.12. The lowest was 46.84. And the median was 66.42.

BSP:MSCD34's Shiller PE Ratio is ranked worse than
85.67% of 300 companies
in the Credit Services industry
Industry Median: 14.78 vs BSP:MSCD34: 61.88

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.

Mastercard's adjusted earnings per share data for the three months ended in Dec. 2023 was R$0.469. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$1.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mastercard Shiller PE Ratio Historical Data

The historical data trend for Mastercard'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.

Mastercard Shiller PE Ratio Chart

Mastercard 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 81.71 85.44 69.32 55.50 57.74

Mastercard Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 55.50 55.58 57.68 55.60 57.74

Competitive Comparison of Mastercard's Shiller PE Ratio

For the Credit Services subindustry, Mastercard'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.


Mastercard's Shiller PE Ratio Distribution in the Credit Services Industry

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

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



Mastercard 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.

Mastercard's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=75.59/1.15
=65.73

* 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.

Mastercard's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Mastercard's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.469/129.4194*129.4194
=0.469

Current CPI (Dec. 2023) = 129.4194.

Mastercard Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.055 99.695 0.071
201406 0.058 100.560 0.075
201409 0.066 100.428 0.085
201412 0.059 99.070 0.077
201503 0.090 99.621 0.117
201506 0.081 100.684 0.104
201509 0.108 100.392 0.139
201512 0.099 99.792 0.128
201603 0.103 100.470 0.133
201606 0.098 101.688 0.125
201609 0.113 101.861 0.144
201612 0.093 101.863 0.118
201703 0.101 102.862 0.127
201706 0.117 103.349 0.147
201709 0.135 104.136 0.168
201712 0.022 104.011 0.027
201803 0.149 105.290 0.183
201806 0.182 106.317 0.222
201809 0.241 106.507 0.293
201812 0.109 105.998 0.133
201903 0.223 107.251 0.269
201906 0.249 108.070 0.298
201909 0.275 108.329 0.329
201912 0.274 108.420 0.327
202003 0.265 108.902 0.315
202006 0.236 108.767 0.281
202009 0.263 109.815 0.310
202012 0.295 109.897 0.347
202103 0.333 111.754 0.386
202106 0.337 114.631 0.380
202109 0.416 115.734 0.465
202112 0.440 117.630 0.484
202203 0.430 121.301 0.459
202206 0.381 125.017 0.394
202209 0.436 125.227 0.451
202212 0.443 125.222 0.458
202303 0.415 127.348 0.422
202306 0.470 128.729 0.473
202309 0.540 129.860 0.538
202312 0.469 129.419 0.469

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.


Mastercard  (BSP:MSCD34) 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.


Mastercard Shiller PE Ratio Related Terms

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


Mastercard (BSP:MSCD34) Business Description

Address
2000 Purchase Street, Purchase, NY, USA, 10577
Mastercard is the second-largest payment processor in the world, having processed close to over $8 trillion in transactions during 2022. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.

Mastercard (BSP:MSCD34) Headlines

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