GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Morgan Stanley (MEX:MS) » Definitions » Shiller PE Ratio

Morgan Stanley (MEX:MS) Shiller PE Ratio : 22.30 (As of Oct. 27, 2024)


View and export this data going back to 1986. Start your Free Trial

What is Morgan Stanley Shiller PE Ratio?

As of today (2024-10-27), Morgan Stanley's current share price is MXN2367.63. Morgan Stanley's E10 for the quarter that ended in Jun. 2024 was MXN106.15. Morgan Stanley's Shiller PE Ratio for today is 22.30.

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

MEX:MS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.17   Med: 17.91   Max: 40.23
Current: 20

During the past years, Morgan Stanley's highest Shiller PE Ratio was 40.23. The lowest was 10.17. And the median was 17.91.

MEX:MS's Shiller PE Ratio is ranked better than
57.88% of 463 companies
in the Capital Markets industry
Industry Median: 24.87 vs MEX:MS: 20.00

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.

Morgan Stanley's adjusted earnings per share data for the three months ended in Jun. 2024 was MXN33.343. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN106.15 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Morgan Stanley Shiller PE Ratio Historical Data

The historical data trend for Morgan Stanley'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.

Morgan Stanley Shiller PE Ratio Chart

Morgan Stanley 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 18.08 21.26 23.69 16.87 16.82

Morgan Stanley Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 14.89 16.82 16.38 16.63 -

Competitive Comparison of Morgan Stanley's Shiller PE Ratio

For the Capital Markets subindustry, Morgan Stanley'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.


Morgan Stanley's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Morgan Stanley's Shiller PE Ratio distribution charts can be found below:

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



Morgan Stanley 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.

Morgan Stanley's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2367.63/106.15
=22.30

* 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.

Morgan Stanley's E10 for the quarter that ended in Jun. 2024 is calculated as:

For example, Morgan Stanley's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=33.343/132.5538*132.5538
=33.343

Current CPI (Jun. 2024) = 132.5538.

Morgan Stanley Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 11.144 100.428 14.709
201412 6.932 99.070 9.275
201503 17.989 99.621 23.936
201506 13.337 100.684 17.559
201509 8.111 100.392 10.710
201512 6.706 99.792 8.908
201603 9.468 100.470 12.491
201606 13.870 101.688 18.080
201609 15.662 101.861 20.381
201612 16.700 101.863 21.732
201703 18.829 102.862 24.264
201706 15.726 103.349 20.170
201709 16.878 104.136 21.484
201712 5.695 104.011 7.258
201803 26.343 105.290 33.164
201806 25.544 106.317 31.848
201809 21.885 106.507 27.237
201812 15.708 105.998 19.643
201903 26.963 107.251 33.324
201906 23.627 108.070 28.980
201909 25.072 108.329 30.679
201912 24.518 108.420 29.976
202003 23.682 108.902 28.825
202006 45.241 108.767 55.135
202009 36.671 109.815 44.264
202012 36.005 109.897 43.428
202103 44.766 111.754 53.098
202106 36.826 114.631 42.584
202109 40.713 115.734 46.630
202112 41.233 117.630 46.464
202203 40.220 121.301 43.951
202206 27.964 125.017 29.650
202209 29.569 125.227 31.299
202212 24.565 125.222 26.003
202303 30.642 127.348 31.895
202306 21.258 128.729 21.890
202309 24.038 129.860 24.537
202312 14.428 129.419 14.777
202403 33.524 131.776 33.722
202406 33.343 132.554 33.343

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.


Morgan Stanley  (MEX:MS) 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.


Morgan Stanley Shiller PE Ratio Related Terms

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


Morgan Stanley Business Description

Address
1585 Broadway, New York, NY, USA, 10036
Morgan Stanley is a global investment bank whose history, through its legacy firms, can be traced back to 1924. The company has institutional securities, wealth management, and investment management segments with approximately 45% of net revenue from its institutional securities business, 45% from wealth management, and 10% from investment management. About 30% of its total revenue is from outside the Americas. The company had over $5 trillion of client assets as well as around 80,000 employees at the end of 2023.