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PPL (BSP:P1PL34) Shiller PE Ratio : 14.84 (As of Apr. 30, 2024)


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What is PPL Shiller PE Ratio?

As of today (2024-04-30), PPL's current share price is R$132.84. PPL's E10 for the quarter that ended in Dec. 2023 was R$8.95. PPL's Shiller PE Ratio for today is 14.84.

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

BSP:P1PL34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.16   Med: 13.73   Max: 16.66
Current: 14.96

During the past years, PPL's highest Shiller PE Ratio was 16.66. The lowest was 8.16. And the median was 13.73.

BSP:P1PL34's Shiller PE Ratio is ranked better than
53.85% of 390 companies
in the Utilities - Regulated industry
Industry Median: 15.825 vs BSP:P1PL34: 14.96

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.

PPL's adjusted earnings per share data for the three months ended in Dec. 2023 was R$0.735. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$8.95 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PPL Shiller PE Ratio Historical Data

The historical data trend for PPL'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.

PPL Shiller PE Ratio Chart

PPL 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 14.89 11.86 14.98 15.34 14.72

PPL 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 15.34 14.69 14.34 13.01 14.72

Competitive Comparison of PPL's Shiller PE Ratio

For the Utilities - Regulated Electric subindustry, PPL'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.


PPL's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, PPL's Shiller PE Ratio distribution charts can be found below:

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



PPL 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.

PPL's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=132.84/8.95
=14.84

* 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.

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

For example, PPL'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)
=0.735/129.4194*129.4194
=0.735

Current CPI (Dec. 2023) = 129.4194.

PPL Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.139 99.695 1.479
201406 0.760 100.560 0.978
201409 1.730 100.428 2.229
201412 2.748 99.070 3.590
201503 3.016 99.621 3.918
201506 -3.516 100.684 -4.519
201509 2.264 100.392 2.919
201512 2.290 99.792 2.970
201603 2.626 100.470 3.383
201606 2.431 101.688 3.094
201609 2.245 101.861 2.852
201612 2.281 101.863 2.898
201703 1.845 102.862 2.321
201706 1.417 103.349 1.774
201709 1.598 104.136 1.986
201712 0.362 104.011 0.450
201803 2.131 105.290 2.619
201806 2.753 106.317 3.351
201809 2.547 106.507 3.095
201812 2.214 105.998 2.703
201903 2.458 107.251 2.966
201906 2.313 108.070 2.770
201909 2.678 108.329 3.199
201912 1.970 108.420 2.352
202003 3.518 108.902 4.181
202006 2.335 108.767 2.778
202009 1.998 109.815 2.355
202012 1.955 109.897 2.302
202103 -13.468 111.754 -15.597
202106 0.151 114.631 0.170
202109 1.425 115.734 1.594
202112 1.018 117.630 1.120
202203 1.841 121.301 1.964
202206 0.808 125.017 0.836
202209 1.258 125.227 1.300
202212 1.364 125.222 1.410
202303 2.031 127.348 2.064
202306 0.728 128.729 0.732
202309 1.531 129.860 1.526
202312 0.735 129.419 0.735

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.


PPL  (BSP:P1PL34) 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.


PPL Shiller PE Ratio Related Terms

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


PPL (BSP:P1PL34) Business Description

Traded in Other Exchanges
Address
Two North Ninth Street, Allentown, PA, USA, 18101-1179
PPL is a holding company of regulated utilities in Pennsylvania, Kentucky, and Rhode Island. The Pennsylvania regulated delivery and transmission segment distributes electricity to customers in central and eastern Pennsylvania. LG&E and KU are involved in regulated electricity generation, transmission, and distribution in Kentucky. The Kentucky utilities also serve gas customers. Narragansett operates electric and gas utilities in Rhode Island.

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