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Meridian EnergyMDDNF -14.86%78 Shiller PE Ratio is 49.67 as of Sep. 12, 2026, which is 10% above its 10-year median of 45.23. GuruFocus rates MDDNF with a GF Score™ of 78/100 and a GF Value™ of $2.72 (Fairly Valued). The stock has 7 warning signs investors should review. Among 203 Utilities - Independent Power Producers companies, Meridian Energy ranks worse than 90.15% on this metric.
As of today (2026-09-12), Meridian Energy's current share price is $2.98. Meridian Energy's E10 for the fiscal year that ended in Jun26 was $0.06. Meridian Energy's Shiller PE Ratio for today is 49.67.
The historical rank and industry rank for Meridian Energy's Shiller PE Ratio or its related term are showing as below:
MDDNF'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 33.25 Med: 45.23 Max: 83.09
Current: 54.19
During the past 13 years, Meridian Energy's highest Shiller PE Ratio was 83.09. The lowest was 33.25. And the median was 45.23.
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.
Meridian Energy's adjusted earnings per share data of for the fiscal year that ended in Jun26 was $0.028. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.06 for the trailing ten years ended in Jun26.
Shiller PE for Stocks: The True Measure of Stock Valuation
Meridian Energy (OTCPK:MDDNF) 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.
Meridian Energy Shiller PE Ratio Related Terms
Meridian Energy Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Meridian Energy'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.
Meridian Energy Shiller PE Ratio Competitor Comparison
For the Utilities - Renewable subindustry, Meridian Energy'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.
Meridian Energy Shiller PE Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Meridian Energy's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Meridian Energy's Shiller PE Ratio falls into.
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.
Meridian Energy's Shiller PE Ratio for today is calculated as
* 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.
Meridian Energy's E10 for the fiscal year that ended in Jun26 is calculated as:
For example, Meridian Energy's adjusted earnings per share data for the fiscal year that ended in Jun26 was:
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.
Meridian Energy (MDDNF) has a Shiller PE Ratio of 49.67 as of Sep. 12, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Meridian Energy and its competitors. This is 10% above median its historical median of 45.23. Over the past decade, Meridian Energy's Shiller PE Ratio has ranged from 33.25 to 83.09. According to the industry distribution chart, Meridian Energy ranks #183 out of 203 companies in the Utilities - Independent Power Producers industry, placing it in the top 90.1%.
Is Meridian Energy's Shiller PE Ratio too high?
Meridian Energy's current Shiller PE Ratio of 49.67 is 10% above median its 10-year median of 45.23. Over the past 10 years, this metric has ranged from a low of 33.25 to a high of 83.09. The Utilities - Independent Power Producers industry median Shiller PE Ratio is 14.72. Meridian Energy's value of 49.67 is 237.4% above this industry median. Based on the distribution chart, Meridian Energy ranks #183 out of 203 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Meridian Energy has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meridian Energy's Shiller PE Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Meridian Energy ranks #183 out of 203 companies for Shiller PE Ratio. This places Meridian Energy in the lower half of its industry. The industry median Shiller PE Ratio is 14.72. Meridian Energy's value of 49.67 is 237.4% above this benchmark. Historically, Meridian Energy's own Shiller PE Ratio has ranged from 33.25 to 83.09 over the past decade. While the company's 10-year median is 45.23 vs. the industry median of 14.72, Meridian Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for an Utilities - Independent Power Producers company?
The median Shiller PE Ratio among Utilities - Independent Power Producers companies is 14.72, based on 203 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meridian Energy's current Shiller PE Ratio of 49.67 is 237.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Meridian Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Shiller PE Ratio is 14.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meridian Energy's current Shiller PE Ratio is 49.67, which is 10% above median its own 10-year median of 45.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Energy stock overvalued right now?
Based on GuruFocus' analysis, Meridian Energy (MDDNF) is currently considered Fairly Valued. The stock's GF Value™ is $2.72, compared to a current price of $2.98 — trading 9.6% above its estimated fair value. The current Shiller PE Ratio is 49.67, which is 10% above median its 10-year median of 45.23 and 237.4% above the Utilities - Independent Power Producers industry median of 14.72. Meridian Energy's overall GF Score™ is 78/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Meridian Energy (MDDNF), the current Shiller PE Ratio is 49.67 as of Sep. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Meridian Energy (MDDNF) Overvalued in 2026?
Based on GuruFocus' analysis, Meridian Energy stock appears to be overvalued.
The current stock price of $2.98 is trading 9.6% above its estimated GF Value™ of $2.72.
GuruFocus considers Meridian Energy to be Fairly Valued.
Key valuation signals for MDDNF:
Shiller PE Ratio: 49.67 (10% above median its 10-year median of 45.23)
GF Value™: $2.72 vs. price of $2.98 (9.6% above fair value)
Industry Position: 237.4% above the Utilities - Independent Power Producers median (#183 of 203)
No single metric tells the full story. See the MDDNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meridian Energy is one of New Zealand's leading utilities. It is the largest electricity producer in the nation, with a third of the market, and the fourth-largest energy retailer, with about 15% of the market by customer numbers. It generates 100% renewable electricity, mainly from large hydroelectric schemes in the South Island. It also owns a geographically diversified portfolio of wind farms.
78GF Score
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