Strategy (MIL:1MSTR) Shiller PE Ratio: (As of Sep. 16, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

MIL:1MSTR Strategy Inc MIL:1MSTR
35 GF Score
Price €115.40
GF Value €100.00
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Strategy Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Strategy  (MIL:1MSTR) 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.


Strategy Shiller PE Ratio Related Terms


Strategy Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Strategy'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.

Strategy Shiller PE Ratio Chart

Strategy 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 0.00 0.00 0.00 0.00 0.00

Strategy 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 0.00 2,901.06 0.00 0.00 0.00

MIL:1MSTR vs WDAY, TEAM, ADSK: Shiller PE Ratio Comparison

For the Software - Application subindustry, Strategy'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.


Strategy Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Strategy's Shiller PE Ratio distribution charts can be found below:

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


MIL:1MSTR
35GF Score
Strategy Inc MIL:1MSTR
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Strategy 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.

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

For example, Strategy'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)
=-21.0305/333.9520*333.9520
=-21.031

Current CPI (Jun. 2026) = 333.9520.

Strategy Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.207 241.428 0.286
201612 0.250 241.432 0.345
201703 0.126 243.801 0.172
201706 0.078 244.955 0.106
201709 0.135 246.819 0.182
201712 -0.189 246.524 -0.256
201803 0.012 249.554 0.016
201806 0.035 251.989 0.047
201809 0.095 252.439 0.125
201812 0.026 251.233 0.034
201903 -0.067 254.202 -0.089
201906 0.176 256.143 0.229
201909 0.085 256.759 0.110
201912 0.107 256.974 0.139
202003 0.006 258.115 0.008
202006 0.032 257.797 0.041
202009 -0.127 260.280 -0.163
202012 0.023 260.474 0.029
202103 -0.947 264.877 -1.194
202106 -2.550 271.696 -3.134
202109 -0.307 274.310 -0.373
202112 -0.737 278.802 -0.883
202203 -1.032 287.504 -1.199
202206 -8.821 296.311 -9.942
202209 -0.238 296.808 -0.267
202212 -2.151 296.797 -2.420
202303 2.963 301.836 3.278
202306 0.139 305.109 0.152
202309 -0.927 307.789 -1.006
202312 0.462 306.746 0.503
202403 -0.285 312.332 -0.304
202406 -0.533 314.175 -0.567
202409 -1.570 315.301 -1.663
202412 -2.838 315.605 -3.003
202503 -15.664 319.799 -16.357
202506 28.758 322.561 29.774
202509 7.206 324.800 7.409
202512 -36.880 324.054 -38.006
202603 -32.694 330.213 -33.065
202606 -21.031 333.952 -21.031

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 Strategy (MIL:1MSTR) Overvalued in 2026?

Based on GuruFocus' analysis, Strategy stock appears to be overvalued. The current stock price of €115.40 is trading 15.4% above its estimated GF Value™ of €100.00. GuruFocus considers Strategy to be Modestly Overvalued.

Key valuation signals for MIL:1MSTR:

  • Shiller PE Ratio:
  • GF Value™: €100.00 vs. price of €115.40 (15.4% above fair value)
  • GF Score™: 35/100 with 8 warning signs

No single metric tells the full story. See the MIL:1MSTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Strategy Business Description

Address 1850 Towers Crescent Plaza, Tysons Corner, VA, USA, 22182
Strategy Inc is a bitcoin treasury company and a provider of business intelligence services. It is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. The company also provides industry AI-powered enterprise analytics software. It has one reportable operating segment: the Software Business, which is engaged in the design, development, marketing, and sales of the company's enterprise analytics software platform through cloud subscriptions and licensing arrangements and related services (i.e., product support, consulting, and education). Geographically, the company operates in EMEA, U.S. and Other Regions, of which maximum revenue is derived from U.S..
35GF Score

Get the complete analysis for MIL:1MSTR

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

€115.40
Price
€100.00
GF Value