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Morgan Stanley (Morgan Stanley) Shiller PE Ratio : 16.88 (As of Jun. 18, 2024)


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What is Morgan Stanley Shiller PE Ratio?

As of today (2024-06-18), Morgan Stanley's current share price is $97.04. Morgan Stanley's E10 for the quarter that ended in Mar. 2024 was $5.75. Morgan Stanley's Shiller PE Ratio for today is 16.88.

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

MS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.37   Med: 17.1   Max: 40.23
Current: 16.88

During the past years, Morgan Stanley's highest Shiller PE Ratio was 40.23. The lowest was 8.37. And the median was 17.10.

MS's Shiller PE Ratio is ranked better than
57.61% of 493 companies
in the Capital Markets industry
Industry Median: 20.81 vs MS: 16.88

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 Mar. 2024 was $2.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $5.75 for the trailing ten years ended in Mar. 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
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 16.78 15.93 14.89 16.82 16.38

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
=97.04/5.75
=16.88

* 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 Mar. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.02/131.7762*131.7762
=2.020

Current CPI (Mar. 2024) = 131.7762.

Morgan Stanley Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.920 100.560 1.206
201409 0.830 100.428 1.089
201412 0.470 99.070 0.625
201503 1.180 99.621 1.561
201506 0.850 100.684 1.112
201509 0.480 100.392 0.630
201512 0.390 99.792 0.515
201603 0.550 100.470 0.721
201606 0.750 101.688 0.972
201609 0.810 101.861 1.048
201612 0.810 101.863 1.048
201703 1.000 102.862 1.281
201706 0.870 103.349 1.109
201709 0.930 104.136 1.177
201712 0.290 104.011 0.367
201803 1.450 105.290 1.815
201806 1.300 106.317 1.611
201809 1.170 106.507 1.448
201812 0.800 105.998 0.995
201903 1.390 107.251 1.708
201906 1.230 108.070 1.500
201909 1.270 108.329 1.545
201912 1.300 108.420 1.580
202003 1.010 108.902 1.222
202006 1.960 108.767 2.375
202009 1.660 109.815 1.992
202012 1.810 109.897 2.170
202103 2.190 111.754 2.582
202106 1.850 114.631 2.127
202109 1.980 115.734 2.254
202112 2.010 117.630 2.252
202203 2.020 121.301 2.194
202206 1.390 125.017 1.465
202209 1.470 125.227 1.547
202212 1.260 125.222 1.326
202303 1.700 127.348 1.759
202306 1.240 128.729 1.269
202309 1.380 129.860 1.400
202312 0.850 129.419 0.865
202403 2.020 131.776 2.020

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  (NYSE: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 (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. The company had over $4 trillion of client assets as well as over 80,000 employees at the end of 2022. Approximately 50% of the company's net revenue is from its institutional securities business, with the remainder coming from wealth and investment management. The company derives about 30% of its total revenue outside the Americas.
Executives
Andrew M Saperstein officer: Head of Wealth Management 1585 BROADWAY, NEW YORK NY 10036
Raja Akram officer: Deputy Chief Financial Officer 1585 BROADWAY, NEW YORK NY 10036
Edward N Pick officer: Head of Inst'l Securities 1585 BROADWAY, NEW YORK NY 10036
James P Gorman other: Business Unit Head C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036
Daniel A Simkowitz officer: Head of Investment Management C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036
Smith Charles Aubrey Iii officer: Chief Risk Officer 1585 BROADWAY, NEW YORK NY 10036
Thomas H Glocer director 2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033
Alistair Darling director C/O MORGAN STANLEY 1585 BROADWAY, NEW YORK X1 10036
Mandell Crawley officer: Chief Human Resources Officer 1585 BROADWAY, NEW YORK NY 10036
Eric F Grossman officer: Chief Legal Officer C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036
Masato Miyachi director C/O MORGAN STANLEY 1585 BROADWAY, NEW YORK NY 10036
Stephen J Luczo director
Keishi Hotsuki officer: Interim Chief Risk Officer C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036
Jonathan Pruzan officer: Chief Financial Officer C/O MORGAN STANLEY 1585 BROADWAY, NEW YORK NY 10036
Erika H James director C/O SVMK INC., ONE CURIOSITY WAY, SAN MATEO CA 94403