Eni SpA (CHIX:ENIM) Shiller PE Ratio: (As of Sep. 22, 2026)

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CHIX:ENIM Eni SpA CHIX:ENIM
63 GF Score
Price €23.46
GF Value €15.46
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Eni SpA Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Eni SpA  (CHIX:ENIm) 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.


Eni SpA Shiller PE Ratio Related Terms


Eni SpA Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Eni SpA'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.

Eni SpA Shiller PE Ratio Chart

Eni SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.18 31.91 39.15 31.15 19.82

Eni SpA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 26.53 26.25 18.85 25.36 19.12

CHIX:ENIM vs XOM, CVX: Shiller PE Ratio Comparison

For the Oil & Gas Integrated subindustry, Eni SpA'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.


Eni SpA Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Eni SpA's Shiller PE Ratio distribution charts can be found below:

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


CHIX:ENIM
63GF Score
Eni SpA CHIX:ENIM
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eni SpA 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.

Eni SpA's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Eni SpA's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.1046/126.4000*126.4000
=1.105

Current CPI (Jun. 2026) = 126.4000.

Eni SpA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -0.160 100.100 -0.202
201612 0.090 100.300 0.113
201703 0.270 101.000 0.338
201706 0.005 101.100 0.006
201709 0.100 101.200 0.125
201712 0.580 101.200 0.724
201803 0.260 101.800 0.323
201806 0.350 102.400 0.432
201809 0.420 102.600 0.517
201812 0.139 102.300 0.171
201903 0.300 102.800 0.369
201906 0.118 103.100 0.144
201909 0.146 102.900 0.179
201912 -0.529 102.800 -0.650
202003 -0.820 102.900 -1.007
202006 -1.233 102.900 -1.515
202009 -0.141 102.300 -0.174
202012 -0.203 102.600 -0.250
202103 0.239 103.700 0.292
202106 0.069 104.200 0.084
202109 0.337 104.900 0.405
202112 1.060 106.600 1.257
202203 1.010 110.400 1.156
202206 1.076 112.500 1.209
202209 1.678 114.200 1.857
202212 0.163 119.000 0.173
202303 0.713 118.800 0.758
202306 0.088 119.700 0.093
202309 0.581 120.300 0.610
202312 0.045 119.700 0.048
202403 0.371 120.200 0.390
202406 0.203 120.700 0.213
202409 0.162 121.200 0.169
202412 0.078 121.200 0.081
202503 0.375 122.500 0.387
202506 0.175 122.700 0.180
202509 0.240 123.100 0.246
202512 0.010 122.600 0.010
202603 0.356 124.560 0.361
202606 1.105 126.400 1.105

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.

Is Eni SpA (CHIX:ENIM) Overvalued in 2026?

Based on GuruFocus' analysis, Eni SpA stock appears to be overvalued. The current stock price of €23.46 is trading 51.7% above its estimated GF Value™ of €15.46. GuruFocus considers Eni SpA to be Significantly Overvalued.

Key valuation signals for CHIX:ENIM:

  • Shiller PE Ratio:
  • GF Value™: €15.46 vs. price of €23.46 (51.7% above fair value)
  • GF Score™: 63/100 with 8 warning signs

No single metric tells the full story. See the CHIX:ENIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eni SpA Business Description

Industry EnergyOil & Gas
Address 1, Piazzale Enrico Mattei, Rome, ITA, 00144
Eni is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2025, the company produced 0.8 million barrels of liquids and 4.6 billion cubic feet of natural gas per day. At year-end 2025, Eni held reserves of 6.9 billion barrels of oil equivalent, 44% of which are liquids. The Italian government owns a 33.1% stake in the company. Plentitude, Eni's renewable and low-carbon business, has 5.8 gigawatts of renewable power capacity, serves 10 million electricity customers, and operates 23,000 electric vehicle charging points.
63GF Score

Get the complete analysis for CHIX:ENIM

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€23.46
Price
€15.46
GF Value