WFC (Wells Fargo) Shiller PE Ratio: (As of Sep. 21, 2026)

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WFC Wells Fargo & Co WFC
74 GF Score
Price $86.54
GF Value $82.87
Valuation Fairly Valued
! 3 Warning Signs
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What is Wells Fargo Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wells Fargo  (NYSE:WFC) 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.


Wells Fargo Shiller PE Ratio Related Terms


Wells Fargo Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Wells Fargo'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.

Wells Fargo Shiller PE Ratio Chart

Wells Fargo 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 11.36 9.43 10.95 15.23 19.43

Wells Fargo 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 16.85 17.42 19.32 16.12 16.35

WFC vs C, BNY, BAC: Shiller PE Ratio Comparison

For the Banks - Diversified subindustry, Wells Fargo'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.


Wells Fargo Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Wells Fargo's Shiller PE Ratio distribution charts can be found below:

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


WFC
74GF Score
Wells Fargo & Co WFC
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Wells Fargo 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.

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

For example, Wells Fargo'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)
=2.0035/333.9520*333.9520
=2.004

Current CPI (Jun. 2026) = 333.9520.

Wells Fargo Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 1.029 241.428 1.423
201612 0.959 241.432 1.327
201703 1.032 243.801 1.414
201706 1.082 244.955 1.475
201709 0.827 246.819 1.119
201712 1.191 246.524 1.613
201803 0.960 249.554 1.285
201806 0.978 251.989 1.296
201809 1.131 252.439 1.496
201812 1.215 251.233 1.615
201903 1.201 254.202 1.578
201906 1.301 256.143 1.696
201909 0.920 256.759 1.196
201912 0.601 256.974 0.781
202003 0.010 258.115 0.013
202006 -1.013 257.797 -1.313
202009 0.702 260.280 0.901
202012 0.660 260.474 0.847
202103 1.020 264.877 1.287
202106 1.382 271.696 1.698
202109 1.170 274.310 1.425
202112 1.380 278.802 1.653
202203 0.907 287.504 1.054
202206 0.769 296.311 0.866
202209 0.850 296.808 0.956
202212 0.675 296.797 0.759
202303 1.234 301.836 1.366
202306 1.251 305.109 1.369
202309 1.481 307.789 1.607
202312 0.864 306.746 0.941
202403 1.198 312.332 1.281
202406 1.331 314.175 1.415
202409 1.417 315.301 1.500
202412 1.429 315.605 1.512
202503 1.390 319.799 1.451
202506 1.596 322.561 1.652
202509 1.657 324.800 1.704
202512 1.619 324.054 1.668
202603 1.604 330.213 1.622
202606 2.004 333.952 2.004

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 Wells Fargo (WFC) Overvalued in 2026?

Based on GuruFocus' analysis, Wells Fargo stock appears to be overvalued. The current stock price of $86.54 is trading 4.4% above its estimated GF Value™ of $82.87. GuruFocus considers Wells Fargo to be Fairly Valued.

Key valuation signals for WFC:

  • Shiller PE Ratio:
  • GF Value™: $82.87 vs. price of $86.54 (4.4% above fair value)
  • GF Score™: 74/100 with 3 warning signs

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


Wells Fargo Business Description

Address 333 Market Street, San Francisco, CA, USA, 94105
Wells Fargo is a premier, North American-focused banking titan that commands a $2.2 trillion balance sheet and the third-highest deposit market share in the United States. The bank uses a dense, expansive network of 4,093 branches to champion retail consumers and the middle market, where the firm has built a particularly strong reputation. Following the removal of its federal asset cap in 2025, the firm is set to deploy its legacy excess liquidity to expand each of its four segments: consumer & business lending, commercial banking, corporate & investment banking, and wealth & investment management.
74GF Score

Get the complete analysis for WFC

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

$86.54
Price
$82.87
GF Value