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Thomson Reuters (MEX:TRI) Shiller PE Ratio : 32.43 (As of Sep. 24, 2024)


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What is Thomson Reuters Shiller PE Ratio?

As of today (2024-09-24), Thomson Reuters's current share price is MXN2121.53654. Thomson Reuters's E10 for the quarter that ended in Jun. 2024 was MXN65.41. Thomson Reuters's Shiller PE Ratio for today is 32.43.

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

MEX:TRI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.25   Med: 28.07   Max: 35.74
Current: 32.62

During the past years, Thomson Reuters's highest Shiller PE Ratio was 35.74. The lowest was 21.25. And the median was 28.07.

MEX:TRI's Shiller PE Ratio is ranked worse than
72.97% of 518 companies
in the Business Services industry
Industry Median: 19.825 vs MEX:TRI: 32.62

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.

Thomson Reuters's adjusted earnings per share data for the three months ended in Jun. 2024 was MXN34.075. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN65.41 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thomson Reuters Shiller PE Ratio Historical Data

The historical data trend for Thomson Reuters'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.

Thomson Reuters Shiller PE Ratio Chart

Thomson Reuters 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 29.80 31.63 29.34 27.96 28.97

Thomson Reuters Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 28.31 25.85 28.97 30.82 32.42

Competitive Comparison of Thomson Reuters's Shiller PE Ratio

For the Specialty Business Services subindustry, Thomson Reuters'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.


Thomson Reuters's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Thomson Reuters's Shiller PE Ratio distribution charts can be found below:

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



Thomson Reuters 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.

Thomson Reuters's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2121.53654/65.41
=32.43

* 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.

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

For example, Thomson Reuters'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)
=34.075/127.5217*127.5217
=34.075

Current CPI (Jun. 2024) = 127.5217.

Thomson Reuters Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 4.296 99.394 5.512
201412 24.101 98.367 31.244
201503 6.619 99.789 8.458
201506 5.916 100.500 7.507
201509 6.951 100.421 8.827
201512 10.413 99.947 13.286
201603 6.688 101.054 8.440
201606 9.509 102.002 11.888
201609 7.954 101.765 9.967
201612 71.379 101.449 89.724
201703 8.821 102.634 10.960
201706 5.577 103.029 6.903
201709 9.539 103.345 11.771
201712 18.177 103.345 22.429
201803 -9.964 105.004 -12.101
201806 19.758 105.557 23.869
201809 7.568 105.636 9.136
201812 125.881 105.399 152.303
201903 4.025 106.979 4.798
201906 7.174 107.690 8.495
201909 -1.843 107.611 -2.184
201912 51.652 107.769 61.119
202003 9.487 107.927 11.209
202006 5.986 108.401 7.042
202009 11.000 108.164 12.969
202012 23.318 108.559 27.391
202103 214.810 110.298 248.355
202106 44.398 111.720 50.678
202109 -10.452 112.905 -11.805
202112 -7.661 113.774 -8.587
202203 42.550 117.646 46.122
202206 -5.009 120.806 -5.287
202209 9.454 120.648 9.993
202212 11.933 120.964 12.580
202303 28.660 122.702 29.786
202306 32.573 124.203 33.443
202309 13.935 125.230 14.190
202312 25.292 125.072 25.787
202403 17.592 126.258 17.768
202406 34.075 127.522 34.075

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.


Thomson Reuters  (MEX:TRI) 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.


Thomson Reuters Shiller PE Ratio Related Terms

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Thomson Reuters Business Description

Address
333 Bay Street, Suite 300, Toronto, ON, CAN, M5H 2R2
Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008. In 2021, Thomson Reuters completed the sale of Refinitiv to LSE Group. Thomson Reuters' three largest segments are its legal professionals, Tax and accounting, and corporates segments. Legal professionals is about 42% of the firm's revenue and 47% of the firm's adjusted EBITDA. Tax and accounting makes up about 20%-25% of the firm's revenue and EBITDA. Corporates, which consists of legal professionals and tax and accounting products sold to corporations, also makes up about 20%-25% of the firm's revenue and EBITDA. Thomson Reuters' smaller segments include its Reuters news business and global print business.