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PLDT (PHS:TEL) Shiller PE Ratio : 11.34 (As of May. 08, 2024)


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What is PLDT Shiller PE Ratio?

As of today (2024-05-08), PLDT's current share price is ₱1368.00. PLDT's E10 for the quarter that ended in Dec. 2023 was ₱120.66. PLDT's Shiller PE Ratio for today is 11.34.

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

PHS:TEL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.98   Med: 10.18   Max: 16.63
Current: 11.19

During the past years, PLDT's highest Shiller PE Ratio was 16.63. The lowest was 5.98. And the median was 10.18.

PHS:TEL's Shiller PE Ratio is ranked better than
66.36% of 217 companies
in the Telecommunication Services industry
Industry Median: 14.6 vs PHS:TEL: 11.19

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.

PLDT's adjusted earnings per share data for the three months ended in Dec. 2023 was ₱-5.920. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₱120.66 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PLDT Shiller PE Ratio Historical Data

The historical data trend for PLDT'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.

PLDT Shiller PE Ratio Chart

PLDT 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 6.87 10.17 13.57 10.49 10.60

PLDT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.49 11.23 10.43 9.36 10.60

Competitive Comparison of PLDT's Shiller PE Ratio

For the Telecom Services subindustry, PLDT'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.


PLDT's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PLDT's Shiller PE Ratio distribution charts can be found below:

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



PLDT 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.

PLDT's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1368.00/120.66
=11.34

* 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.

PLDT's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, PLDT's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-5.92/129.4194*129.4194
=-5.920

Current CPI (Dec. 2023) = 129.4194.

PLDT Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 43.340 99.695 56.262
201406 49.200 100.560 63.320
201409 36.650 100.428 47.230
201412 28.320 99.070 36.996
201503 43.380 99.621 56.356
201506 43.170 100.684 55.491
201509 30.520 100.392 39.345
201512 -15.220 99.792 -19.739
201603 28.710 100.470 36.982
201606 28.840 101.688 36.705
201609 15.670 101.861 19.910
201612 19.110 101.863 24.280
201703 22.840 102.862 28.737
201706 53.480 103.349 66.971
201709 24.740 104.136 30.747
201712 -39.450 104.011 -49.087
201803 31.870 105.290 39.174
201806 22.440 106.317 27.316
201809 20.780 106.507 25.250
201812 12.190 105.998 14.884
201903 30.980 107.251 37.384
201906 25.390 108.070 30.406
201909 17.460 108.329 20.859
201912 30.140 108.420 35.978
202003 27.300 108.902 32.444
202006 29.400 108.767 34.982
202009 34.220 109.815 40.329
202012 21.200 109.897 24.966
202103 26.790 111.754 31.025
202106 32.880 114.631 37.122
202109 27.360 115.734 30.595
202112 34.730 117.630 38.211
202203 42.040 121.301 44.854
202206 35.610 125.017 36.864
202209 49.520 125.227 51.178
202212 -78.820 125.222 -81.462
202303 41.770 127.348 42.449
202306 43.610 128.729 43.844
202309 43.560 129.860 43.412
202312 -5.920 129.419 -5.920

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.


PLDT  (PHS:TEL) 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.


PLDT Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of PLDT's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PLDT (PHS:TEL) Business Description

Traded in Other Exchanges
Address
Makati Avenue, Ramon Cojuangco Building, Metro Manila, Corner Ayala Avenue, Legaspi Village, Makati City, PHL, 1200
PLDT Inc is the telecommunications carrier in the Philippines. The company operates the nation's extensive fixed-line network and holds more than half of the market share in the domestic wireless space. First Pacific, a Hong Kong-based investment and management company specializing in consumer and telecommunication businesses, owns about 26% of PLDT, while two subsidiaries of Nippon Telegraph and Telephone jointly own about 21%.