WMB (Williams) Shiller PE Ratio: 44.61 (As of Sep. 03, 2026) — 19% Above Median

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WMB Williams Companies Inc WMB
81 GF Score
Price $74.05
GF Value $63.20
Valuation Modestly Overvalued
! 10 Warning Signs
View Full Analysis

What is Williams Shiller PE Ratio?

Williams WMB -1.48% 81 Shiller PE Ratio is 44.61 as of Sep. 03, 2026, which is 19% above its 10-year median of 37.60. GuruFocus rates WMB with a GF Score™ of 81/100 and a GF Value™ of $63.20 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 438 Oil & Gas companies, Williams ranks worse than 85.84% on this metric.

As of today (2026-09-03), Williams's current share price is $74.05. Williams's E10 for the quarter that ended in Jun. 2026 was $1.66. Williams's Shiller PE Ratio for today is 44.61.

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

WMB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.88   Med: 37.6   Max: 57.36
Current: 44.61

During the past years, Williams's highest Shiller PE Ratio was 57.36. The lowest was 19.88. And the median was 37.60.

WMB's Shiller PE Ratio is ranked worse than
85.84% of 438 companies
in the Oil & Gas industry
Industry Median: 18.04 vs WMB: 44.61

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.

Williams's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.66 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Williams  (NYSE:WMB) 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.


Williams Shiller PE Ratio Related Terms


Williams Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Williams'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.

Williams Shiller PE Ratio Chart

Williams 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 27.85 33.39 29.04 51.99 43.35

Williams 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 55.44 52.76 43.35 48.67 44.91

WMB vs EPD, ET, KMI: Shiller PE Ratio Comparison

For the Oil & Gas Midstream subindustry, Williams'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.


Williams Shiller PE Ratio vs Oil & Gas Industry

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

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


WMB
81GF Score
Williams Companies Inc WMB
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Williams 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.

Williams's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=74.05/1.66
=44.61

* 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.

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

For example, Williams'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)
=0.68/333.9520*333.9520
=0.680

Current CPI (Jun. 2026) = 333.9520.

Williams Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.080 241.428 0.111
201612 -0.020 241.432 -0.028
201703 0.450 243.801 0.616
201706 0.100 244.955 0.136
201709 0.040 246.819 0.054
201712 2.030 246.524 2.750
201803 0.180 249.554 0.241
201806 0.160 251.989 0.212
201809 0.130 252.439 0.172
201812 -0.473 251.233 -0.629
201903 0.160 254.202 0.210
201906 0.260 256.143 0.339
201909 0.180 256.759 0.234
201912 0.100 256.974 0.130
202003 -0.430 258.115 -0.556
202006 0.250 257.797 0.324
202009 0.250 260.280 0.321
202012 0.090 260.474 0.115
202103 0.350 264.877 0.441
202106 0.250 271.696 0.307
202109 0.130 274.310 0.158
202112 0.510 278.802 0.611
202203 0.310 287.504 0.360
202206 0.330 296.311 0.372
202209 0.490 296.808 0.551
202212 0.540 296.797 0.608
202303 0.760 301.836 0.841
202306 0.380 305.109 0.416
202309 0.540 307.789 0.586
202312 0.930 306.746 1.012
202403 0.520 312.332 0.556
202406 0.330 314.175 0.351
202409 0.580 315.301 0.614
202412 0.390 315.605 0.413
202503 0.560 319.799 0.585
202506 0.450 322.561 0.466
202509 0.530 324.800 0.545
202512 0.600 324.054 0.618
202603 0.700 330.213 0.708
202606 0.680 333.952 0.680

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 44.61 mean?
Williams (WMB) has a Shiller PE Ratio of 44.61 as of Sep. 03, 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 Williams and its competitors. This is 19% above median its historical median of 37.60. Over the past decade, Williams' Shiller PE Ratio has ranged from 19.88 to 57.36. According to the industry distribution chart, Williams ranks #376 out of 438 companies in the Oil & Gas industry, placing it in the top 85.8%.
Is Williams' Shiller PE Ratio too high?
Williams' current Shiller PE Ratio of 44.61 is 19% above median its 10-year median of 37.60. Over the past 10 years, this metric has ranged from a low of 19.88 to a high of 57.36. The Oil & Gas industry median Shiller PE Ratio is 18.04. Williams' value of 44.61 is 147.3% above this industry median. Based on the distribution chart, Williams ranks #376 out of 438 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Williams has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Williams' Shiller PE Ratio compare to EPD and ET?
According to the Oil & Gas industry distribution chart, Williams ranks #376 out of 438 companies for Shiller PE Ratio. This places Williams in the lower half of its industry. The industry median Shiller PE Ratio is 18.04. Williams' value of 44.61 is 147.3% above this benchmark. Historically, Williams' own Shiller PE Ratio has ranged from 19.88 to 57.36 over the past decade. While the company's 10-year median is 37.60 vs. the industry median of 18.04, Williams 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 an Oil & Gas company?
The median Shiller PE Ratio among Oil & Gas companies is 18.04, based on 438 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. Williams's current Shiller PE Ratio of 44.61 is 147.3% 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 Williams and its competitors. For the Oil & Gas industry, the median Shiller PE Ratio is 18.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Williams's current Shiller PE Ratio is 44.61, which is 19% above median its own 10-year median of 37.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Williams stock overvalued right now?
Based on GuruFocus' analysis, Williams (WMB) is currently considered Modestly Overvalued. The stock's GF Value™ is $63.20, compared to a current price of $74.05 — trading 17.2% above its estimated fair value. The current Shiller PE Ratio is 44.61, which is 19% above median its 10-year median of 37.60 and 147.3% above the Oil & Gas industry median of 18.04. Williams' overall GF Score™ is 81/100 with 10 warning signs 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 Williams (WMB), the current Shiller PE Ratio is 44.61 as of Sep. 03, 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 Williams (WMB) Overvalued in 2026?

Based on GuruFocus' analysis, Williams stock appears to be overvalued. The current stock price of $74.05 is trading 17.2% above its estimated GF Value™ of $63.20. GuruFocus considers Williams to be Modestly Overvalued.

Key valuation signals for WMB:

  • Shiller PE Ratio: 44.61 (19% above median its 10-year median of 37.60)
  • GF Value™: $63.20 vs. price of $74.05 (17.2% above fair value)
  • GF Score™: 81/100 with 10 warning signs
  • Industry Position: 147.3% above the Oil & Gas median (#376 of 438)

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


Williams Business Description

Industry EnergyOil & Gas
Address One Williams Center, Tulsa, OK, USA, 74172
Williams operates the Transco pipeline, which connects the Gulf Coast to the Northeast United States. It has additional natural gas transmission pipelines connecting the Rockies to the Pacific Northwest and midcontinent. At the field level, it operates substantial gathering and processing assets in Appalachia and other basins. The company has also struck several power supply agreements.
81GF Score

Get the complete analysis for WMB

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

$74.05
Price
$63.20
GF Value