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Johnson & Johnson (WBO:JNJ) Shiller PE Ratio : 19.51 (As of May. 01, 2025)


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What is Johnson & Johnson Shiller PE Ratio?

As of today (2025-05-01), Johnson & Johnson's current share price is €137.54. Johnson & Johnson's E10 for the quarter that ended in Mar. 2025 was €7.05. Johnson & Johnson's Shiller PE Ratio for today is 19.51.

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

WBO:JNJ' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.28   Med: 26.39   Max: 33.32
Current: 20.55

During the past years, Johnson & Johnson's highest Shiller PE Ratio was 33.32. The lowest was 19.28. And the median was 26.39.

WBO:JNJ's Shiller PE Ratio is ranked better than
58.4% of 524 companies
in the Drug Manufacturers industry
Industry Median: 24.23 vs WBO:JNJ: 20.55

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.

Johnson & Johnson's adjusted earnings per share data for the three months ended in Mar. 2025 was €4.199. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €7.05 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Johnson & Johnson Shiller PE Ratio Historical Data

The historical data trend for Johnson & Johnson'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.

Johnson & Johnson Shiller PE Ratio Chart

Johnson & Johnson Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.45 29.88 28.15 21.67 19.91

Johnson & Johnson Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 21.73 19.97 22.40 19.91 21.80

Competitive Comparison of Johnson & Johnson's Shiller PE Ratio

For the Drug Manufacturers - General subindustry, Johnson & Johnson'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.


Johnson & Johnson's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Johnson & Johnson's Shiller PE Ratio distribution charts can be found below:

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


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Johnson & Johnson 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.

Johnson & Johnson's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=137.54/7.05
=19.51

* 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.

Johnson & Johnson's E10 for the quarter that ended in Mar. 2025 is calculated as:

For example, Johnson & Johnson's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=4.199/134.9266*134.9266
=4.199

Current CPI (Mar. 2025) = 134.9266.

Johnson & Johnson Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 1.435 100.684 1.923
201509 1.069 100.392 1.437
201512 1.056 99.792 1.428
201603 1.428 100.470 1.918
201606 1.273 101.688 1.689
201609 1.363 101.861 1.805
201612 1.308 101.863 1.733
201703 1.505 102.862 1.974
201706 1.246 103.349 1.627
201709 1.149 104.136 1.489
201712 -3.372 104.011 -4.374
201803 1.298 105.290 1.663
201806 1.241 106.317 1.575
201809 1.234 106.507 1.563
201812 0.984 105.998 1.253
201903 1.230 107.251 1.547
201906 1.841 108.070 2.299
201909 0.599 108.329 0.746
201912 1.350 108.420 1.680
202003 1.964 108.902 2.433
202006 1.208 108.767 1.499
202009 1.129 109.815 1.387
202012 0.534 109.897 0.656
202103 1.949 111.754 2.353
202106 1.951 114.631 2.296
202109 1.165 115.734 1.358
202112 1.566 117.630 1.796
202203 1.752 121.301 1.949
202206 1.703 125.017 1.838
202209 1.697 125.227 1.828
202212 1.256 125.222 1.353
202303 -0.028 127.348 -0.030
202306 1.809 128.729 1.896
202309 9.567 129.860 9.940
202312 1.531 129.419 1.596
202403 1.233 131.776 1.262
202406 1.793 132.554 1.825
202409 1.000 133.029 1.014
202412 1.347 133.157 1.365
202503 4.199 134.927 4.199

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.


Johnson & Johnson  (WBO:JNJ) 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.


Johnson & Johnson Shiller PE Ratio Related Terms

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Johnson & Johnson Business Description

Address
One Johnson & Johnson Plaza, New Brunswick, NJ, USA, 08933
Johnson & Johnson is the world's largest and most diverse healthcare firm. It has two divisions: pharmaceutical and medical devices. These now represent all of the company's sales following the divestment of the consumer business, Kenvue, in 2023. The drug division focuses on the following therapeutic areas: immunology, oncology, neurology, pulmonary, cardiology, and metabolic diseases. Geographically, just over half of total revenue is generated in the United States.