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Meta Platforms (UKEX:FB) Shiller PE Ratio : 54.87 (As of May. 20, 2024)


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What is Meta Platforms Shiller PE Ratio?

As of today (2024-05-20), Meta Platforms's current share price is ₴18766.00. Meta Platforms's E10 for the quarter that ended in Mar. 2024 was ₴342.02. Meta Platforms's Shiller PE Ratio for today is 54.87.

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

UKEX:FB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.08   Med: 43.06   Max: 84.8
Current: 53.35

During the past years, Meta Platforms's highest Shiller PE Ratio was 84.80. The lowest was 14.08. And the median was 43.06.

UKEX:FB's Shiller PE Ratio is ranked worse than
83.24% of 179 companies
in the Interactive Media industry
Industry Median: 22.19 vs UKEX:FB: 53.35

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.

Meta Platforms's adjusted earnings per share data for the three months ended in Mar. 2024 was ₴186.849. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₴342.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meta Platforms Shiller PE Ratio Historical Data

The historical data trend for Meta Platforms'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.

Meta Platforms Shiller PE Ratio Chart

Meta Platforms 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 - 72.55 62.26 18.18 42.87

Meta Platforms 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 30.54 39.33 38.60 42.87 54.90

Competitive Comparison of Meta Platforms's Shiller PE Ratio

For the Internet Content & Information subindustry, Meta Platforms'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.


Meta Platforms's Shiller PE Ratio Distribution in the Interactive Media Industry

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

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



Meta Platforms 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.

Meta Platforms's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=18766.00/342.02
=54.87

* 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.

Meta Platforms's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Meta Platforms'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)
=186.849/131.7762*131.7762
=186.849

Current CPI (Mar. 2024) = 131.7762.

Meta Platforms Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 11.901 100.560 15.595
201409 11.901 100.428 15.616
201412 9.918 99.070 13.192
201503 7.141 99.621 9.446
201506 9.918 100.684 12.981
201509 12.298 100.392 16.143
201512 21.422 99.792 28.288
201603 23.802 100.470 31.219
201606 30.943 101.688 40.099
201609 35.704 101.861 46.190
201612 48.001 101.863 62.097
201703 41.257 102.862 52.854
201706 52.365 103.349 66.768
201709 63.076 104.136 79.818
201712 57.126 104.011 72.375
201803 67.043 105.290 83.908
201806 69.027 106.317 85.557
201809 69.820 106.507 86.385
201812 94.416 105.998 117.378
201903 33.720 107.251 41.431
201906 36.100 108.070 44.019
201909 84.102 108.329 102.305
201912 101.557 108.420 123.435
202003 67.837 108.902 82.086
202006 71.407 108.767 86.513
202009 107.507 109.815 129.007
202012 153.922 109.897 184.566
202103 130.913 111.754 154.367
202106 143.211 114.631 164.630
202109 127.739 115.734 145.445
202112 145.591 117.630 163.100
202203 107.904 121.301 117.222
202206 97.590 125.017 102.866
202209 65.060 125.227 68.463
202212 69.820 125.222 73.475
202303 87.275 127.348 90.310
202306 118.219 128.729 121.018
202309 174.154 129.860 176.724
202312 211.445 129.419 215.296
202403 186.849 131.776 186.849

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.


Meta Platforms  (UKEX:FB) 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.


Meta Platforms Shiller PE Ratio Related Terms

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Meta Platforms (UKEX:FB) Business Description

Address
1601 Willow Road, Menlo Park, CA, USA, 94025
Meta is the world's largest online social network, with 3.8 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.

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