Snap (SNAP) 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.
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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.

SNAP Snap Inc SNAP
66 GF Score
Price $5.24
GF Value $11.81
Valuation Possible Value Trap
! 2 Warning Signs
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What is Snap Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Snap  (NYSE:SNAP) 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.


Snap Shiller PE Ratio Related Terms


Snap Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Snap'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.

Snap Shiller PE Ratio Chart

Snap 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

Snap 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 0.00 0.00 0.00 0.00

SNAP vs BILI, ZG, BZ: Shiller PE Ratio Comparison

For the Internet Content & Information subindustry, Snap'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.


Snap Shiller PE Ratio vs Interactive Media Industry

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

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


SNAP
66GF Score
Snap Inc SNAP
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Snap 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.

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

For example, Snap'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)
=-0.1/333.9520*333.9520
=-0.100

Current CPI (Jun. 2026) = 333.9520.

Snap Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -0.122 241.428 -0.169
201612 -0.147 241.432 -0.203
201703 -2.310 243.801 -3.164
201706 -0.360 244.955 -0.491
201709 -0.360 246.819 -0.487
201712 -0.280 246.524 -0.379
201803 -0.300 249.554 -0.401
201806 -0.270 251.989 -0.358
201809 -0.250 252.439 -0.331
201812 -0.140 251.233 -0.186
201903 -0.230 254.202 -0.302
201906 -0.190 256.143 -0.248
201909 -0.160 256.759 -0.208
201912 -0.170 256.974 -0.221
202003 -0.210 258.115 -0.272
202006 -0.230 257.797 -0.298
202009 -0.140 260.280 -0.180
202012 -0.080 260.474 -0.103
202103 -0.190 264.877 -0.240
202106 -0.100 271.696 -0.123
202109 -0.050 274.310 -0.061
202112 0.010 278.802 0.012
202203 -0.220 287.504 -0.256
202206 -0.260 296.311 -0.293
202209 -0.220 296.808 -0.248
202212 -0.180 296.797 -0.203
202303 -0.210 301.836 -0.232
202306 -0.240 305.109 -0.263
202309 -0.230 307.789 -0.250
202312 -0.150 306.746 -0.163
202403 -0.190 312.332 -0.203
202406 -0.150 314.175 -0.159
202409 -0.090 315.301 -0.095
202412 0.010 315.605 0.011
202503 -0.080 319.799 -0.084
202506 -0.160 322.561 -0.166
202509 -0.060 324.800 -0.062
202512 0.030 324.054 0.031
202603 -0.050 330.213 -0.051
202606 -0.100 333.952 -0.100

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 Snap (SNAP) Overvalued in 2026?

Based on GuruFocus' analysis, Snap stock appears to be undervalued. The current stock price of $5.24 is trading 55.6% below its estimated GF Value™ of $11.81. GuruFocus considers Snap to be Possible Value Trap.

Key valuation signals for SNAP:

  • Shiller PE Ratio:
  • GF Value™: $11.81 vs. price of $5.24 (55.6% below fair value)
  • GF Score™: 66/100 with 2 warning signs

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


Snap Business Description

Address 3000 31st Street, Santa Monica, CA, USA, 90405
Snap is a technology company best known for its marquis social media application.Snapchat, a visual messaging application that has amassed hundreds of millions of users. The app was initially only used to communicate with family and friends through photographs and short videos (known as "Snaps"). Users can now enjoy augmented reality, or AR, lenses, content from famous creators and celebrities, updates about local events, and more. Although the app offers a paid subscription option with premium features, advertising sales produce most of the app's revenue. The firm also sells wearable devices called AR Spectacles, which can capture photos and videos overlayed with AR lenses, but these make up a small portion of Snap's overall sales.
66GF Score

Get the complete analysis for SNAP

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

$5.24
Price
$11.81
GF Value