Morgan Stanley (XSWX:MS) Shiller PE Ratio: 30.80 (As of Jul. 27, 2026) — 52% Above Median

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XSWX:MS Morgan Stanley XSWX:MS
74 GF Score
Price CHF175.28
GF Value CHF126.71
! 8 Warning Signs
View Full Analysis

What is Morgan Stanley Shiller PE Ratio?

Morgan Stanley XSWX:MS 74 Shiller PE Ratio is 30.80 as of Jul. 27, 2026, which is 52% above its 10-year median of 20.32. GuruFocus rates XSWX:MS with a GF Score™ of 74/100 and a GF Value™ of CHF126.71. The stock has 8 warning signs investors should review. Among 474 Capital Markets companies, Morgan Stanley ranks worse than 63.92% on this metric.

As of today (2026-07-27), Morgan Stanley's current share price is CHF175.28. Morgan Stanley's E10 for the quarter that ended in Mar. 2026 was CHF5.69. Morgan Stanley's Shiller PE Ratio for today is 30.80.

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

XSWX:MS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.48   Med: 20.32   Max: 40.23
Current: 29.39

During the past years, Morgan Stanley's highest Shiller PE Ratio was 40.23. The lowest was 10.48. And the median was 20.32.

XSWX:MS's Shiller PE Ratio is ranked worse than
63.92% of 474 companies
in the Capital Markets industry
Industry Median: 21.545 vs XSWX:MS: 29.39

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.

Morgan Stanley's adjusted earnings per share data for the three months ended in Mar. 2026 was CHF2.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is CHF5.69 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Morgan Stanley  (XSWX:MS) 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.


Morgan Stanley Shiller PE Ratio Related Terms


Morgan Stanley Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Morgan Stanley'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.

Morgan Stanley Shiller PE Ratio Chart

Morgan Stanley 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 23.69 16.87 16.82 20.59 25.73

Morgan Stanley 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 21.87 23.73 25.73 22.55 0.00

XSWX:MS vs GS, SCHW, HOOD: Shiller PE Ratio Comparison

For the Capital Markets subindustry, Morgan Stanley'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.


Morgan Stanley Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Morgan Stanley's Shiller PE Ratio distribution charts can be found below:

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


XSWX:MS
74GF Score
Morgan Stanley XSWX:MS
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Morgan Stanley 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.

Morgan Stanley's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=175.28/5.69
=30.80

* 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.

Morgan Stanley's E10 for the quarter that ended in Mar. 2026 is calculated as:

For example, Morgan Stanley's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.7/330.2130*330.2130
=2.700

Current CPI (Mar. 2026) = 330.2130.

Morgan Stanley Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.727 241.018 0.996
201609 0.788 241.428 1.078
201612 0.826 241.432 1.130
201703 1.002 243.801 1.357
201706 0.842 244.955 1.135
201709 0.895 246.819 1.197
201712 0.286 246.524 0.383
201803 1.375 249.554 1.819
201806 1.287 251.989 1.687
201809 1.133 252.439 1.482
201812 0.794 251.233 1.044
201903 1.391 254.202 1.807
201906 1.215 256.143 1.566
201909 1.258 256.759 1.618
201912 1.277 256.974 1.641
202003 0.969 258.115 1.240
202006 1.865 257.797 2.389
202009 1.519 260.280 1.927
202012 1.608 260.474 2.039
202103 2.036 264.877 2.538
202106 1.679 271.696 2.041
202109 1.827 274.310 2.199
202112 1.851 278.802 2.192
202203 1.877 287.504 2.156
202206 1.349 296.311 1.503
202209 1.431 296.808 1.592
202212 1.174 296.797 1.306
202303 1.573 301.836 1.721
202306 1.116 305.109 1.208
202309 1.241 307.789 1.331
202312 0.735 306.746 0.791
202403 1.795 312.332 1.898
202406 1.627 314.175 1.710
202409 1.593 315.301 1.668
202412 1.979 315.605 2.071
202503 2.297 319.799 2.372
202506 1.732 322.561 1.773
202509 2.229 324.800 2.266
202512 2.136 324.054 2.177
202603 2.700 330.213 2.700

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 30.80 mean?
Morgan Stanley (XSWX:MS) has a Shiller PE Ratio of 30.80 as of Jul. 27, 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 Morgan Stanley and its competitors. This is 52% above median its historical median of 20.32. Over the past decade, Morgan Stanley's Shiller PE Ratio has ranged from 10.48 to 40.23. According to the industry distribution chart, Morgan Stanley ranks #303 out of 474 companies in the Capital Markets industry, placing it in the top 63.9%.
Is Morgan Stanley's Shiller PE Ratio too high?
Morgan Stanley's current Shiller PE Ratio of 30.80 is 52% above median its 10-year median of 20.32. Over the past 10 years, this metric has ranged from a low of 10.48 to a high of 40.23. The Capital Markets industry median Shiller PE Ratio is 21.55. Morgan Stanley's value of 30.80 is 43% above this industry median. Based on the distribution chart, Morgan Stanley ranks #303 out of 474 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Morgan Stanley has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Morgan Stanley's Shiller PE Ratio compare to GS and SCHW?
According to the Capital Markets industry distribution chart, Morgan Stanley ranks #303 out of 474 companies for Shiller PE Ratio. This places Morgan Stanley in the lower half of its industry. The industry median Shiller PE Ratio is 21.55. Morgan Stanley's value of 30.80 is 43% above this benchmark. Historically, Morgan Stanley's own Shiller PE Ratio has ranged from 10.48 to 40.23 over the past decade. While the company's 10-year median is 20.32 vs. the industry median of 21.55, Morgan Stanley 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 a Capital Markets company?
The median Shiller PE Ratio among Capital Markets companies is 21.55, based on 474 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. Morgan Stanley's current Shiller PE Ratio of 30.80 is 43% 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 Morgan Stanley and its competitors. For the Capital Markets industry, the median Shiller PE Ratio is 21.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morgan Stanley's current Shiller PE Ratio is 30.80, which is 52% above median its own 10-year median of 20.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morgan Stanley stock overvalued right now?
Morgan Stanley (XSWX:MS) has a current Shiller PE Ratio of 30.80. The stock's GF Value™ is CHF126.71, compared to a current price of CHF175.28 — trading 38.3% above its estimated fair value. The current Shiller PE Ratio is 30.80, which is 52% above median its 10-year median of 20.32 and 43% above the Capital Markets industry median of 21.55. Morgan Stanley's overall GF Score™ is 74/100 with 8 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 Morgan Stanley (XSWX:MS), the current Shiller PE Ratio is 30.80 as of Jul. 27, 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 Morgan Stanley (XSWX:MS) Overvalued in 2026?

Based on GuruFocus' analysis, Morgan Stanley stock appears to be overvalued. The current stock price of CHF175.28 is trading 38.3% above its estimated GF Value™ of CHF126.71.

Key valuation signals for XSWX:MS:

  • Shiller PE Ratio: 30.80 (52% above median its 10-year median of 20.32)
  • GF Value™: CHF126.71 vs. price of CHF175.28 (38.3% above fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 43% above the Capital Markets median (#303 of 474)

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


Morgan Stanley Business Description

Address 1585 Broadway, New York, NY, USA, 10036
Morgan Stanley is a massive global financial services firm, with offices in 42 countries and more than 82,000 employees as of year-end 2025. The firm cut its teeth in investment banking and institutional trading, where it maintains a strong presence today, but generates the lion share of its income from wealth and asset management franchises, where it boasted $9.3 trillion in client assets at the end of 2025. After reincorporation as a bank holding company in the wake of the global financial crisis, Morgan Stanley also boasts a top 10 banking franchise by deposits, with more than $400 billion in customer deposits, predominately attributable to cash sweeps from its wealth management and brokerage businesses.
74GF Score

Get the complete analysis for XSWX:MS

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

CHF175.28
Price
CHF126.71
GF Value