Procter & Gamble Co (WAR:PCGL) Shiller PE Ratio: 22.93 (As of Sep. 02, 2026) — 21% Below Median

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WAR:PCGL Procter & Gamble Co WAR:PCGL
72 GF Score
Price zł544.30
GF Value zł623.37
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Procter & Gamble Co Shiller PE Ratio?

Procter & Gamble Co WAR:PCGL +1.61% 72 Shiller PE Ratio is 22.93 as of Sep. 02, 2026, which is 21% below its 10-year median of 28.99. GuruFocus rates WAR:PCGL with a GF Score™ of 72/100 and a GF Value™ of zł623.37 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,129 Consumer Packaged Goods companies, Procter & Gamble Co ranks worse than 65.63% on this metric.

As of today (2026-09-02), Procter & Gamble Co's current share price is zł544.30. Procter & Gamble Co's E10 for the quarter that ended in Jun. 2026 was zł23.74. Procter & Gamble Co's Shiller PE Ratio for today is 22.93.

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

WAR:PCGL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.96   Med: 28.99   Max: 36.39
Current: 23.83

During the past years, Procter & Gamble Co's highest Shiller PE Ratio was 36.39. The lowest was 16.96. And the median was 28.99.

WAR:PCGL's Shiller PE Ratio is ranked worse than
65.63% of 1129 companies
in the Consumer Packaged Goods industry
Industry Median: 17.68 vs WAR:PCGL: 23.83

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.

Procter & Gamble Co's adjusted earnings per share data for the three months ended in Jun. 2026 was zł4.720. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is zł23.74 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Procter & Gamble Co  (WAR:PCGL) 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.


Procter & Gamble Co Shiller PE Ratio Related Terms


Procter & Gamble Co Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Procter & Gamble Co'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.

Procter & Gamble Co Shiller PE Ratio Chart

Procter & Gamble Co Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.68 29.88 31.10 27.60 23.90

Procter & Gamble Co 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 27.60 26.11 24.31 23.93 23.90

WAR:PCGL vs CL, EL, KVUE: Shiller PE Ratio Comparison

For the Household & Personal Products subindustry, Procter & Gamble Co'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.


Procter & Gamble Co Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Procter & Gamble Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Procter & Gamble Co's Shiller PE Ratio falls into.


WAR:PCGL
72GF Score
Procter & Gamble Co WAR:PCGL
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Procter & Gamble Co 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.

Procter & Gamble Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=544.30/23.74
=22.93

* 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.

Procter & Gamble Co's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Procter & Gamble Co'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)
=4.72/333.9520*333.9520
=4.720

Current CPI (Jun. 2026) = 333.9520.

Procter & Gamble Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 3.596 241.428 4.974
201612 10.788 241.432 14.922
201703 3.484 243.801 4.772
201706 3.072 244.955 4.188
201709 3.971 246.819 5.373
201712 3.484 246.524 4.720
201803 3.559 249.554 4.763
201806 2.697 251.989 3.574
201809 4.570 252.439 6.046
201812 4.570 251.233 6.075
201903 3.896 254.202 5.118
201906 -7.941 256.143 -10.353
201909 5.094 256.759 6.625
201912 5.282 256.974 6.864
202003 4.195 258.115 5.428
202006 4.008 257.797 5.192
202009 6.106 260.280 7.834
202012 5.506 260.474 7.059
202103 4.720 264.877 5.951
202106 4.233 271.696 5.203
202109 6.031 274.310 7.342
202112 6.218 278.802 7.448
202203 4.982 287.504 5.787
202206 4.532 296.311 5.108
202209 5.881 296.808 6.617
202212 5.956 296.797 6.702
202303 5.132 301.836 5.678
202306 5.132 305.109 5.617
202309 6.855 307.789 7.438
202312 5.244 306.746 5.709
202403 5.694 312.332 6.088
202406 4.757 314.175 5.056
202409 6.031 315.301 6.388
202412 7.042 315.605 7.451
202503 5.769 319.799 6.024
202506 5.544 322.561 5.740
202509 7.304 324.800 7.510
202512 6.668 324.054 6.872
202603 6.106 330.213 6.175
202606 4.720 333.952 4.720

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 22.93 mean?
Procter & Gamble Co (WAR:PCGL) has a Shiller PE Ratio of 22.93 as of Sep. 02, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Procter & Gamble Co and its competitors. This is 21% below median its historical median of 28.99. Over the past decade, Procter & Gamble Co's Shiller PE Ratio has ranged from 16.96 to 36.39. According to the industry distribution chart, Procter & Gamble Co ranks #741 out of 1129 companies in the Consumer Packaged Goods industry, placing it in the top 65.6%.
Is Procter & Gamble Co's Shiller PE Ratio too high?
Procter & Gamble Co's current Shiller PE Ratio of 22.93 is 21% below median its 10-year median of 28.99. Over the past 10 years, this metric has ranged from a low of 16.96 to a high of 36.39. The Consumer Packaged Goods industry median Shiller PE Ratio is 17.68. Procter & Gamble Co's value of 22.93 is 29.7% above this industry median. Based on the distribution chart, Procter & Gamble Co ranks #741 out of 1129 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Procter & Gamble Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Procter & Gamble Co's Shiller PE Ratio compare to CL and EL?
According to the Consumer Packaged Goods industry distribution chart, Procter & Gamble Co ranks #741 out of 1129 companies for Shiller PE Ratio. This places Procter & Gamble Co in the lower half of its industry. The industry median Shiller PE Ratio is 17.68. Procter & Gamble Co's value of 22.93 is 29.7% above this benchmark. Historically, Procter & Gamble Co's own Shiller PE Ratio has ranged from 16.96 to 36.39 over the past decade. While the company's 10-year median is 28.99 vs. the industry median of 17.68, Procter & Gamble Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Consumer Packaged Goods company?
The median Shiller PE Ratio among Consumer Packaged Goods companies is 17.68, based on 1,129 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Procter & Gamble Co's current Shiller PE Ratio of 22.93 is 29.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Procter & Gamble Co and its competitors. For the Consumer Packaged Goods industry, the median Shiller PE Ratio is 17.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Procter & Gamble Co's current Shiller PE Ratio is 22.93, which is 21% below median its own 10-year median of 28.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Procter & Gamble Co stock overvalued right now?
Based on GuruFocus' analysis, Procter & Gamble Co (WAR:PCGL) is currently considered Modestly Undervalued. The stock's GF Value™ is zł623.37, compared to a current price of zł544.30 — trading 12.7% below its estimated fair value. The current Shiller PE Ratio is 22.93, which is 21% below median its 10-year median of 28.99 and 29.7% above the Consumer Packaged Goods industry median of 17.68. Procter & Gamble Co's overall GF Score™ is 72/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Procter & Gamble Co (WAR:PCGL), the current Shiller PE Ratio is 22.93 as of Sep. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Procter & Gamble Co (WAR:PCGL) Overvalued in 2026?

Based on GuruFocus' analysis, Procter & Gamble Co stock appears to be undervalued. The current stock price of zł544.30 is trading 12.7% below its estimated GF Value™ of zł623.37. GuruFocus considers Procter & Gamble Co to be Modestly Undervalued.

Key valuation signals for WAR:PCGL:

  • Shiller PE Ratio: 22.93 (21% below median its 10-year median of 28.99)
  • GF Value™: zł623.37 vs. price of zł544.30 (12.7% below fair value)
  • GF Score™: 72/100 with 1 warning sign
  • Industry Position: 29.7% above the Consumer Packaged Goods median (#741 of 1129)

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


Procter & Gamble Co Business Description

Address One Procter and Gamble Plaza, Cincinnati, OH, USA, 45202
Since its founding in 1837, Procter & Gamble has become one of the world's largest consumer product manufacturers, with annual sales of nearly $85 billion. It operates with a lineup of leading brands, including more than 20 that generate annual global sales of more than $1 billion each, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. Sales outside its home turf represent just more than half of the firm's consolidated total.
72GF Score

Get the complete analysis for WAR:PCGL

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

zł544.30
Price
zł623.37
GF Value