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Wells Fargo (Wells Fargo) Shiller PE Ratio : 12.86 (As of May. 29, 2024)


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What is Wells Fargo Shiller PE Ratio?

As of today (2024-05-29), Wells Fargo's current share price is $58.75. Wells Fargo's E10 for the quarter that ended in Mar. 2024 was $4.57. Wells Fargo's Shiller PE Ratio for today is 12.86.

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

WFC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.63   Med: 14.35   Max: 20.3
Current: 12.86

During the past years, Wells Fargo's highest Shiller PE Ratio was 20.30. The lowest was 5.63. And the median was 14.35.

WFC's Shiller PE Ratio is ranked worse than
70.67% of 1142 companies
in the Banks industry
Industry Median: 10.13 vs WFC: 12.86

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.

Wells Fargo's adjusted earnings per share data for the three months ended in Mar. 2024 was $1.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wells Fargo Shiller PE Ratio Historical Data

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.

* Premium members only.

Wells Fargo Shiller PE Ratio Chart

Wells Fargo 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 13.53 7.94 11.36 9.41 10.92

Wells Fargo 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 8.37 9.47 8.95 10.92 12.69

Competitive Comparison of Wells Fargo's Shiller PE Ratio

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's Shiller PE Ratio Distribution in the 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.



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 Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=58.75/4.57
=12.86

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

For example, Wells Fargo'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)
=1.2/131.7762*131.7762
=1.200

Current CPI (Mar. 2024) = 131.7762.

Wells Fargo Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.010 100.560 1.324
201409 1.020 100.428 1.338
201412 1.020 99.070 1.357
201503 1.040 99.621 1.376
201506 1.030 100.684 1.348
201509 1.050 100.392 1.378
201512 1.030 99.792 1.360
201603 0.990 100.470 1.298
201606 1.010 101.688 1.309
201609 1.030 101.861 1.332
201612 0.960 101.863 1.242
201703 1.030 102.862 1.320
201706 1.080 103.349 1.377
201709 0.830 104.136 1.050
201712 1.160 104.011 1.470
201803 0.960 105.290 1.201
201806 0.980 106.317 1.215
201809 1.130 106.507 1.398
201812 1.210 105.998 1.504
201903 1.200 107.251 1.474
201906 1.300 108.070 1.585
201909 0.920 108.329 1.119
201912 0.600 108.420 0.729
202003 0.010 108.902 0.012
202006 -1.010 108.767 -1.224
202009 0.700 109.815 0.840
202012 0.640 109.897 0.767
202103 1.020 111.754 1.203
202106 1.380 114.631 1.586
202109 1.170 115.734 1.332
202112 1.380 117.630 1.546
202203 0.910 121.301 0.989
202206 0.750 125.017 0.791
202209 0.860 125.227 0.905
202212 0.670 125.222 0.705
202303 1.230 127.348 1.273
202306 1.250 128.729 1.280
202309 1.480 129.860 1.502
202312 0.860 129.419 0.876
202403 1.200 131.776 1.200

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.


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

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


Wells Fargo (Wells Fargo) Business Description

Address
420 Montgomery Street, San Francisco, CA, USA, 94104
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.
Executives
Richard K Davis director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Thomas R Nides officer: Vice Chairman C/O WELLS FARGO & COMPANY, 420 MONTGOMERY STREET, SAN FRANCISCO CA 94104
Tracy M Kerrins officer: Sr. Executive Vice President 300 S BREVARD STREET, CHARLOTTE NC 28202
Kyle G Hranicky officer: Sr. Executive Vice President 1000 LOUISIANA STREET, HOUSTON TX 77002
Felicia F Norwood director 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Kleber Santos officer: Sr. Executive Vice President 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Ellen R Patterson officer: Sr. EVP and General Counsel 30 HUDSON YARDS, NEW YORK NY 10001
Kristy Fercho officer: Sr. Executive Vice President 5151 CORPORATE DRIVE, TROY MI 48098
Cecelia Morken director 26025 MUREAU ROAD, CALABASAS CA 91302
Beurden Saul Van officer: Sr. Executive Vice President 150 EAST 42ND STREET, NEW YORK NY 10017
Bei Ling officer: Sr. Executive Vice President 30 HUDSON YARDS, NEW YORK NY 10001
Ather Iii Williams officer: Sr. Executive Vice President 30 HUDSON YARDS, NEW YORK NY 10001
Michael P. Santomassimo officer: Sr. EVP & CFO 225 LIBERTY STREET, NEW YORK NY 10286
Mark A Chancy director 303 PEACHTREE ST., 30TH FLOOR, ATLANTA GA 30308
Lester Owens officer: Sr. Executive Vice President 240 GREENWICH STREET, NEW YORK NY 10286