GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Exxon Mobil Corp (WBO:XOM) » Definitions » Shiller PE Ratio

Exxon Mobil (WBO:XOM) Shiller PE Ratio : 20.55 (As of Jul. 24, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Exxon Mobil Shiller PE Ratio?

As of today (2024-07-24), Exxon Mobil's current share price is €105.64. Exxon Mobil's E10 for the quarter that ended in Mar. 2024 was €5.14. Exxon Mobil's Shiller PE Ratio for today is 20.55.

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

WBO:XOM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.16   Med: 12.13   Max: 21.91
Current: 20.33

During the past years, Exxon Mobil's highest Shiller PE Ratio was 21.91. The lowest was 5.16. And the median was 12.13.

WBO:XOM's Shiller PE Ratio is ranked worse than
59.62% of 416 companies
in the Oil & Gas industry
Industry Median: 16.65 vs WBO:XOM: 20.33

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.

Exxon Mobil's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.895. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €5.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Exxon Mobil Shiller PE Ratio Historical Data

The historical data trend for Exxon Mobil'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.

Exxon Mobil Shiller PE Ratio Chart

Exxon Mobil 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 10.99 7.97 12.14 20.27 18.01

Exxon Mobil 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 19.80 19.18 20.89 18.01 20.83

Competitive Comparison of Exxon Mobil's Shiller PE Ratio

For the Oil & Gas Integrated subindustry, Exxon Mobil'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.


Exxon Mobil's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Exxon Mobil's Shiller PE Ratio distribution charts can be found below:

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



Exxon Mobil 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.

Exxon Mobil's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=105.64/5.14
=20.55

* 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.

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

For example, Exxon Mobil'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)
=1.895/131.7762*131.7762
=1.895

Current CPI (Mar. 2024) = 131.7762.

Exxon Mobil Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.509 100.560 1.977
201409 1.467 100.428 1.925
201412 1.265 99.070 1.683
201503 1.081 99.621 1.430
201506 0.891 100.684 1.166
201509 0.900 100.392 1.181
201512 0.615 99.792 0.812
201603 0.386 100.470 0.506
201606 0.365 101.688 0.473
201609 0.561 101.861 0.726
201612 0.389 101.863 0.503
201703 0.888 102.862 1.138
201706 0.694 103.349 0.885
201709 0.780 104.136 0.987
201712 1.665 104.011 2.109
201803 0.884 105.290 1.106
201806 0.788 106.317 0.977
201809 1.251 106.507 1.548
201812 1.239 105.998 1.540
201903 0.487 107.251 0.598
201906 0.646 108.070 0.788
201909 0.681 108.329 0.828
201912 1.197 108.420 1.455
202003 -0.127 108.902 -0.154
202006 -0.231 108.767 -0.280
202009 -0.127 109.815 -0.152
202012 -3.863 109.897 -4.632
202103 0.538 111.754 0.634
202106 0.913 114.631 1.050
202109 1.335 115.734 1.520
202112 1.841 117.630 2.062
202203 1.162 121.301 1.262
202206 3.983 125.017 4.198
202209 4.727 125.227 4.974
202212 2.917 125.222 3.070
202303 2.606 127.348 2.697
202306 1.791 128.729 1.833
202309 2.108 129.860 2.139
202312 1.751 129.419 1.783
202403 1.895 131.776 1.895

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.


Exxon Mobil  (WBO:XOM) 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.


Exxon Mobil Shiller PE Ratio Related Terms

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


Exxon Mobil (WBO:XOM) Business Description

Address
5959 Las Colinas Boulevard, Irving, TX, USA, 75039-2298
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 2.4 million barrels of liquids and 8.3 billion cubic feet of natural gas per day. At the end of 2022, reserves were 17.7 billion barrels of oil equivalent, 65% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.6 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.

Exxon Mobil (WBO:XOM) Headlines

From GuruFocus

Q4 2022 Exxon Mobil Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Exxon Mobil Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Q1 2023 Exxon Mobil Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2022 Exxon Mobil Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2023 Exxon Mobil Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2022 Exxon Mobil Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2020 Exxon Mobil Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Exxon Mobil Corp Investor Day Transcript

By GuruFocus Research 01-23-2024