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Tenaga Nasional BhdXKLS:5347 -0.15%82 Shiller PE Ratio is 14.62 as of Sep. 11, 2026, which is 46% above its 10-year median of 9.98. GuruFocus rates XKLS:5347 with a GF Score™ of 82/100 and a GF Value™ of RM15.08 (Fairly Valued). The stock has 9 warning signs investors should review. Among 397 Utilities - Regulated companies, Tenaga Nasional Bhd ranks better than 59.19% on this metric.
The historical rank and industry rank for Tenaga Nasional Bhd's Shiller PE Ratio or its related term are showing as below:
XKLS:5347'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.07 Med: 9.98 Max: 15.7
Current: 14.66
During the past years, Tenaga Nasional Bhd's highest Shiller PE Ratio was 15.70. The lowest was 7.07. And the median was 9.98.
XKLS:5347's Shiller PE Ratio is ranked better than 59.19% of 397
companies
in the Utilities - Regulated industry
Industry Median: 16.82
vs XKLS:5347: 14.66
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.
Tenaga Nasional Bhd's adjusted earnings per share data for the three months ended in Jun. 2026 was RM0.153. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is RM0.93 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Tenaga Nasional Bhd (XKLS:5347) 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.
Tenaga Nasional Bhd Shiller PE Ratio Related Terms
Tenaga Nasional Bhd Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Tenaga Nasional Bhd'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.
XKLS:5347 vs NEE, SO, DUK: Shiller PE Ratio Comparison
For the Utilities - Regulated Electric subindustry, Tenaga Nasional Bhd'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.
Tenaga Nasional Bhd Shiller PE Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Tenaga Nasional Bhd's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Tenaga Nasional Bhd's Shiller PE Ratio falls into.
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.
* 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.
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.
Tenaga Nasional Bhd (XKLS:5347) has a Shiller PE Ratio of 14.62 as of Sep. 11, 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 Tenaga Nasional Bhd and its competitors. This is 46% above median its historical median of 9.98. Over the past decade, Tenaga Nasional Bhd's Shiller PE Ratio has ranged from 7.07 to 15.70. According to the industry distribution chart, Tenaga Nasional Bhd ranks #162 out of 397 companies in the Utilities - Regulated industry, placing it in the top 40.8%.
Is Tenaga Nasional Bhd's Shiller PE Ratio too high?
Tenaga Nasional Bhd's current Shiller PE Ratio of 14.62 is 46% above median its 10-year median of 9.98. Over the past 10 years, this metric has ranged from a low of 7.07 to a high of 15.70. The Utilities - Regulated industry median Shiller PE Ratio is 16.82. Tenaga Nasional Bhd's value of 14.62 is 13.1% below this industry median. Based on the distribution chart, Tenaga Nasional Bhd ranks #162 out of 397 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Tenaga Nasional Bhd has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tenaga Nasional Bhd's Shiller PE Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Tenaga Nasional Bhd ranks #162 out of 397 companies for Shiller PE Ratio. This puts Tenaga Nasional Bhd in the upper half of its industry. The industry median Shiller PE Ratio is 16.82. Tenaga Nasional Bhd's value of 14.62 is 13.1% below this benchmark. Historically, Tenaga Nasional Bhd's own Shiller PE Ratio has ranged from 7.07 to 15.70 over the past decade. While the company's 10-year median is 9.98 vs. the industry median of 16.82, Tenaga Nasional Bhd has consistently been below 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 Utilities - Regulated company?
The median Shiller PE Ratio among Utilities - Regulated companies is 16.82, based on 397 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. Tenaga Nasional Bhd's current Shiller PE Ratio of 14.62 is 13.1% below 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 Tenaga Nasional Bhd and its competitors. For the Utilities - Regulated industry, the median Shiller PE Ratio is 16.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenaga Nasional Bhd's current Shiller PE Ratio is 14.62, which is 46% above median its own 10-year median of 9.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenaga Nasional Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tenaga Nasional Bhd (XKLS:5347) is currently considered Fairly Valued. The stock's GF Value™ is RM15.08, compared to a current price of RM13.60 — trading 9.8% below its estimated fair value. The current Shiller PE Ratio is 14.62, which is 46% above median its 10-year median of 9.98 and 13.1% below the Utilities - Regulated industry median of 16.82. Tenaga Nasional Bhd's overall GF Score™ is 82/100 with 9 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 Tenaga Nasional Bhd (XKLS:5347), the current Shiller PE Ratio is 14.62 as of Sep. 11, 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 Tenaga Nasional Bhd (XKLS:5347) Overvalued in 2026?
Based on GuruFocus' analysis, Tenaga Nasional Bhd stock appears to be undervalued.
The current stock price of RM13.60 is trading 9.8% below its estimated GF Value™ of RM15.08.
GuruFocus considers Tenaga Nasional Bhd to be Fairly Valued.
Key valuation signals for XKLS:5347:
Shiller PE Ratio: 14.62 (46% above median its 10-year median of 9.98)
GF Value™: RM15.08 vs. price of RM13.60 (9.8% below fair value)
Industry Position: 13.1% below the Utilities - Regulated median (#162 of 397)
No single metric tells the full story. See the XKLS:5347 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tenaga Nasional Bhd is an electric utility company in Malaysia. The company is involved in the generation, transmission, distribution, and retail of electricity. TNB segments includes Power Generation, Grid, Distribution Network, and Retail. The company encompasses the company's portfolio of thermal and hydroelectric power plants located throughout Malaysia. Through its subsidiaries, TNB also engages in other energy-related operations, such as the manufacturing of transformers. The company generates maximum revenue through the sale of electricity in Malaysia. Its customers are mainly commercial operations, residential consumers, and large industrial entities.
82GF Score
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