Wells Fargo (MEX:WFC) Shiller PE Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:WFC Wells Fargo & Co MEX:WFC
66 GF Score
Price MXN1,492.00
GF Value MXN1,446.23
Valuation Fairly Valued
! 3 Warning Signs
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What is Wells Fargo Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wells Fargo  (MEX:WFC) 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.


Wells Fargo Shiller PE Ratio Related Terms


Wells Fargo Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Wells Fargo'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.

Wells Fargo Shiller PE Ratio Chart

Wells Fargo 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 13.75 10.49 10.05 17.00 18.51

Wells Fargo 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 16.68 16.81 18.43 15.23 15.42

MEX:WFC vs C, BNY, BAC: Shiller PE Ratio Comparison

For the Banks - Diversified subindustry, Wells Fargo'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.


Wells Fargo Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Wells Fargo's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Wells Fargo's Shiller PE Ratio falls into.


MEX:WFC
66GF Score
Wells Fargo & Co MEX:WFC
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wells Fargo 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.

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

For example, Wells Fargo'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)
=34.8514/333.9520*333.9520
=34.851

Current CPI (Jun. 2026) = 333.9520.

Wells Fargo Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 19.303 241.428 26.700
201612 19.036 241.432 26.331
201703 20.953 243.801 28.701
201706 20.068 244.955 27.360
201709 14.743 246.819 19.948
201712 22.569 246.524 30.573
201803 17.980 249.554 24.060
201806 18.978 251.989 25.150
201809 21.460 252.439 28.389
201812 24.084 251.233 32.013
201903 23.068 254.202 30.306
201906 24.884 256.143 32.443
201909 17.870 256.759 23.243
201912 11.576 256.974 15.043
202003 0.204 258.115 0.264
202006 -23.637 257.797 -30.620
202009 15.518 260.280 19.911
202012 13.573 260.474 17.401
202103 20.772 264.877 26.189
202106 27.668 271.696 34.008
202109 23.442 274.310 28.538
202112 28.639 278.802 34.304
202203 18.598 287.504 21.603
202206 15.412 296.311 17.370
202209 17.534 296.808 19.728
202212 13.279 296.797 14.942
202303 23.026 301.836 25.476
202306 22.138 305.109 24.230
202309 25.269 307.789 27.417
202312 15.177 306.746 16.523
202403 20.358 312.332 21.767
202406 22.949 314.175 24.394
202409 26.816 315.301 28.402
202412 28.708 315.605 30.377
202503 28.364 319.799 29.619
202506 31.163 322.561 32.263
202509 30.872 324.800 31.742
202512 29.630 324.054 30.535
202603 28.162 330.213 28.481
202606 34.851 333.952 34.851

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 Wells Fargo (MEX:WFC) Overvalued in 2026?

Based on GuruFocus' analysis, Wells Fargo stock appears to be overvalued. The current stock price of MXN1,492.00 is trading 3.2% above its estimated GF Value™ of MXN1,446.23. GuruFocus considers Wells Fargo to be Fairly Valued.

Key valuation signals for MEX:WFC:

  • Shiller PE Ratio:
  • GF Value™: MXN1,446.23 vs. price of MXN1,492.00 (3.2% above fair value)
  • GF Score™: 66/100 with 3 warning signs

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


Wells Fargo Business Description

Address 333 Market Street, San Francisco, CA, USA, 94105
Wells Fargo is a premier, North American-focused banking titan that commands a $2.2 trillion balance sheet and the third-highest deposit market share in the United States. The bank uses a dense, expansive network of 4,093 branches to champion retail consumers and the middle market, where the firm has built a particularly strong reputation. Following the removal of its federal asset cap in 2025, the firm is set to deploy its legacy excess liquidity to expand each of its four segments: consumer & business lending, commercial banking, corporate & investment banking, and wealth & investment management.
66GF Score

Get the complete analysis for MEX:WFC

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

MXN1,492.00
Price
MXN1,446.23
GF Value