Morgan Stanley (MEX:MS) Shiller PE Ratio: 27.81 (As of Aug. 19, 2026) — 35% Above Median

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MEX:MS Morgan Stanley MEX:MS
64 GF Score
Price MXN3,710.81
GF Value MXN2,986.67
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Morgan Stanley Shiller PE Ratio?

Morgan Stanley MEX:MS 64 Shiller PE Ratio is 27.81 as of Aug. 19, 2026, which is 35% above its 10-year median of 20.53. GuruFocus rates MEX:MS with a GF Score™ of 64/100 and a GF Value™ of MXN2,986.67 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 472 Capital Markets companies, Morgan Stanley ranks worse than 63.77% on this metric.

As of today (2026-08-19), Morgan Stanley's current share price is MXN3710.81. Morgan Stanley's E10 for the quarter that ended in Jun. 2026 was MXN133.45. Morgan Stanley's Shiller PE Ratio for today is 27.81.

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: 10.48   Med: 20.53   Max: 40.23
Current: 28.55

During the past years, Morgan Stanley's highest Shiller PE Ratio was 40.23. The lowest was 10.48. And the median was 20.53.

MEX:MS's Shiller PE Ratio is ranked worse than
63.77% of 472 companies
in the Capital Markets industry
Industry Median: 21.885 vs MEX:MS: 28.55

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. 2026 was MXN60.374. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN133.45 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


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


Morgan Stanley Shiller PE Ratio Historical Data

* Premium members only.

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.

Morgan Stanley Shiller PE Ratio Chart

Morgan Stanley 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 23.69 16.87 16.82 20.59 25.73

Morgan Stanley 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 21.87 23.73 25.73 22.55 27.43

MEX:MS vs GS, SCHW, HOOD: Shiller PE Ratio Comparison

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 Shiller PE Ratio vs 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.


MEX:MS
64GF Score
Morgan Stanley MEX:MS
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=3710.81/133.45
=27.81

* 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. 2026 is calculated as:

For example, Morgan Stanley'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)
=60.374/333.9520*333.9520
=60.374

Current CPI (Jun. 2026) = 333.9520.

Morgan Stanley Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 15.662 241.428 21.664
201612 16.700 241.432 23.100
201703 18.829 243.801 25.791
201706 15.726 244.955 21.440
201709 16.878 246.819 22.836
201712 5.695 246.524 7.715
201803 26.343 249.554 35.252
201806 25.544 251.989 33.853
201809 21.885 252.439 28.952
201812 15.708 251.233 20.880
201903 26.963 254.202 35.422
201906 23.627 256.143 30.804
201909 25.072 256.759 32.610
201912 24.518 256.974 31.863
202003 23.682 258.115 30.640
202006 45.241 257.797 58.606
202009 36.671 260.280 47.051
202012 36.005 260.474 46.162
202103 44.766 264.877 56.440
202106 36.826 271.696 45.264
202109 40.713 274.310 49.565
202112 41.233 278.802 49.389
202203 40.220 287.504 46.718
202206 27.964 296.311 31.516
202209 29.569 296.808 33.269
202212 24.565 296.797 27.640
202303 30.642 301.836 33.902
202306 21.258 305.109 23.268
202309 24.038 307.789 26.081
202312 14.428 306.746 15.708
202403 33.524 312.332 35.845
202406 33.343 314.175 35.442
202409 37.018 315.301 39.208
202412 46.300 315.605 48.992
202503 53.191 319.799 55.545
202506 40.106 322.561 41.522
202509 51.364 324.800 52.811
202512 48.255 324.054 49.729
202603 61.852 330.213 62.552
202606 60.374 333.952 60.374

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 27.81 mean?
Morgan Stanley (MEX:MS) has a Shiller PE Ratio of 27.81 as of Aug. 19, 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 Morgan Stanley and its competitors. This is 35% above median its historical median of 20.53. Over the past decade, Morgan Stanley's Shiller PE Ratio has ranged from 10.48 to 40.23. According to the industry distribution chart, Morgan Stanley ranks #301 out of 472 companies in the Capital Markets industry, placing it in the top 63.8%.
Is Morgan Stanley's Shiller PE Ratio too high?
Morgan Stanley's current Shiller PE Ratio of 27.81 is 35% above median its 10-year median of 20.53. Over the past 10 years, this metric has ranged from a low of 10.48 to a high of 40.23. The Capital Markets industry median Shiller PE Ratio is 21.89. Morgan Stanley's value of 27.81 is 27.1% above this industry median. Based on the distribution chart, Morgan Stanley ranks #301 out of 472 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Morgan Stanley has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morgan Stanley's Shiller PE Ratio compare to GS and SCHW?
According to the Capital Markets industry distribution chart, Morgan Stanley ranks #301 out of 472 companies for Shiller PE Ratio. This places Morgan Stanley in the lower half of its industry. The industry median Shiller PE Ratio is 21.89. Morgan Stanley's value of 27.81 is 27.1% above this benchmark. Historically, Morgan Stanley's own Shiller PE Ratio has ranged from 10.48 to 40.23 over the past decade. While the company's 10-year median is 20.53 vs. the industry median of 21.89, Morgan Stanley 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 a Capital Markets company?
The median Shiller PE Ratio among Capital Markets companies is 21.89, based on 472 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. Morgan Stanley's current Shiller PE Ratio of 27.81 is 27.1% 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 Morgan Stanley and its competitors. For the Capital Markets industry, the median Shiller PE Ratio is 21.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morgan Stanley's current Shiller PE Ratio is 27.81, which is 35% above median its own 10-year median of 20.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morgan Stanley stock overvalued right now?
Based on GuruFocus' analysis, Morgan Stanley (MEX:MS) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN2,986.67, compared to a current price of MXN3,710.81 — trading 24.2% above its estimated fair value. The current Shiller PE Ratio is 27.81, which is 35% above median its 10-year median of 20.53 and 27.1% above the Capital Markets industry median of 21.89. Morgan Stanley's overall GF Score™ is 64/100 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 Morgan Stanley (MEX:MS), the current Shiller PE Ratio is 27.81 as of Aug. 19, 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 Morgan Stanley (MEX:MS) Overvalued in 2026?

Based on GuruFocus' analysis, Morgan Stanley stock appears to be overvalued. The current stock price of MXN3,710.81 is trading 24.2% above its estimated GF Value™ of MXN2,986.67. GuruFocus considers Morgan Stanley to be Modestly Overvalued.

Key valuation signals for MEX:MS:

  • Shiller PE Ratio: 27.81 (35% above median its 10-year median of 20.53)
  • GF Value™: MXN2,986.67 vs. price of MXN3,710.81 (24.2% above fair value)
  • GF Score™: 64/100 with 7 warning signs
  • Industry Position: 27.1% above the Capital Markets median (#301 of 472)

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


Morgan Stanley Business Description

Address 1585 Broadway, New York, NY, USA, 10036
Morgan Stanley is a massive global financial services firm, with offices in 42 countries and more than 82,000 employees as of year-end 2025. The firm cut its teeth in investment banking and institutional trading, where it maintains a strong presence today, but generates the lion share of its income from wealth and asset management franchises, where it boasted $9.3 trillion in client assets at the end of 2025. After reincorporation as a bank holding company in the wake of the global financial crisis, Morgan Stanley also boasts a top 10 banking franchise by deposits, with more than $400 billion in customer deposits, predominately attributable to cash sweeps from its wealth management and brokerage businesses.
64GF Score

Get the complete analysis for MEX:MS

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

MXN3,710.81
Price
MXN2,986.67
GF Value