NIO (NIO) Shiller PE Ratio: (As of Aug. 23, 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.

NIO NIO Inc NIO
70 GF Score
Price $4.63
GF Value $7.90
Valuation Possible Value Trap
! 3 Warning Signs
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What is NIO Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


NIO  (NYSE:NIO) 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.


NIO Shiller PE Ratio Related Terms


NIO Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for NIO'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.

NIO Shiller PE Ratio Chart

NIO 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

NIO Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00

NIO vs XPEV, LI, VFS: Shiller PE Ratio Comparison

For the Auto Manufacturers subindustry, NIO'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.


NIO Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NIO's Shiller PE Ratio distribution charts can be found below:

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


NIO
70GF Score
NIO Inc NIO
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NIO 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.

NIO's E10 for the fiscal year that ended in Dec25 is calculated as:

For example, NIO's adjusted earnings per share data for the fiscal year that ended in Dec25 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec25 (Change)*Current CPI (Dec25)
=-0.973/115.8323*115.8323
=-0.973

Current CPI (Dec25) = 115.8323.

NIO Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201612 -0.323 102.600 -0.365
201712 -0.729 104.500 -0.808
201812 -10.202 106.500 -11.096
201912 -1.580 111.200 -1.646
202012 -0.725 111.500 -0.753
202112 -1.055 113.108 -1.080
202212 -1.275 115.116 -1.283
202312 -1.742 114.781 -1.758
202412 -1.515 114.893 -1.527
202512 -0.973 115.832 -0.973

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 NIO (NIO) Overvalued in 2026?

Based on GuruFocus' analysis, NIO stock appears to be undervalued. The current stock price of $4.63 is trading 41.4% below its estimated GF Value™ of $7.90. GuruFocus considers NIO to be Possible Value Trap.

Key valuation signals for NIO:

  • Shiller PE Ratio:
  • GF Value™: $7.90 vs. price of $4.63 (41.4% below fair value)
  • GF Score™: 70/100 with 3 warning signs

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


NIO Business Description

Address No. 1355, Caobao Road, Building 19, Minhang District, Shanghai, CHN
Nio is a leading electric vehicle maker, targeting the premium segment. Founded in November 2014, Nio designs, develops, jointly manufactures, and sells premium smart electric vehicles. The company differentiates itself through continuous technological breakthroughs and innovations, such as battery swapping and autonomous driving. Nio launched its first model, its ES8 seven-seater electric SUV, in December 2017, and began deliveries in June 2018. Its current model portfolio includes midsize to large sedans and SUVs. It sold around 326,000 EVs in 2025, accounting for about 2% of China's passenger new energy vehicle market.
70GF Score

Get the complete analysis for NIO

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

$4.63
Price
$7.90
GF Value