GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Edison International (FRA:EIX) » Definitions » Shiller PE Ratio

Edison International (FRA:EIX) Shiller PE Ratio : 25.52 (As of May. 23, 2024)


View and export this data going back to 1988. Start your Free Trial

What is Edison International Shiller PE Ratio?

As of today (2024-05-23), Edison International's current share price is €69.66. Edison International's E10 for the quarter that ended in Mar. 2024 was €2.73. Edison International's Shiller PE Ratio for today is 25.52.

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

FRA:EIX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.6   Med: 23.77   Max: 32.85
Current: 25.41

During the past years, Edison International's highest Shiller PE Ratio was 32.85. The lowest was 15.60. And the median was 23.77.

FRA:EIX's Shiller PE Ratio is ranked worse than
79.9% of 388 companies
in the Utilities - Regulated industry
Industry Median: 15.975 vs FRA:EIX: 25.41

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.

Edison International's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.028. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Edison International Shiller PE Ratio Historical Data

The historical data trend for Edison International'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.

Edison International Shiller PE Ratio Chart

Edison International 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 31.39 28.87 26.79 21.59 23.89

Edison International 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 23.76 22.16 20.92 23.89 23.79

Competitive Comparison of Edison International's Shiller PE Ratio

For the Utilities - Regulated Electric subindustry, Edison International'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.


Edison International's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Edison International's Shiller PE Ratio distribution charts can be found below:

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



Edison International 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.

Edison International's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=69.66/2.73
=25.52

* 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.

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

For example, Edison International'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)
=-0.028/131.7762*131.7762
=-0.028

Current CPI (Mar. 2024) = 131.7762.

Edison International Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.200 100.560 1.573
201409 1.133 100.428 1.487
201412 1.030 99.070 1.370
201503 0.841 99.621 1.112
201506 1.025 100.684 1.342
201509 1.140 100.392 1.496
201512 -0.220 99.792 -0.291
201603 0.763 100.470 1.001
201606 0.757 101.688 0.981
201609 1.132 101.861 1.464
201612 0.995 101.863 1.287
201703 1.028 102.862 1.317
201706 0.757 103.349 0.965
201709 1.200 104.136 1.519
201712 -1.411 104.011 -1.788
201803 0.543 105.290 0.680
201806 0.719 106.317 0.891
201809 1.345 106.507 1.664
201812 -3.859 105.998 -4.797
201903 0.752 107.251 0.924
201906 1.062 108.070 1.295
201909 1.226 108.329 1.491
201912 0.360 108.420 0.438
202003 0.452 108.902 0.547
202006 0.755 108.767 0.915
202009 -0.645 109.815 -0.774
202012 1.143 109.897 1.371
202103 0.571 111.754 0.673
202106 0.697 114.631 0.801
202109 -0.765 115.734 -0.871
202112 1.212 117.630 1.358
202203 0.200 121.301 0.217
202206 0.596 125.017 0.628
202209 -0.333 125.227 -0.350
202212 1.020 125.222 1.073
202303 0.757 127.348 0.783
202306 0.849 128.729 0.869
202309 0.375 129.860 0.381
202312 0.899 129.419 0.915
202403 -0.028 131.776 -0.028

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.


Edison International  (FRA:EIX) 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.


Edison International Shiller PE Ratio Related Terms

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


Edison International (FRA:EIX) Business Description

Traded in Other Exchanges
Address
2244 Walnut Grove Avenue, P.O. Box 976, Rosemead, CA, USA, 91770
Edison International is the parent company of Southern California Edison, an electric utility that distributes electricity to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale power generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.

Edison International (FRA:EIX) Headlines

From GuruFocus

Q1 2022 Edison International Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2019 Edison International Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2020 Edison International Earnings Call Transcript

By GuruFocus Research 01-22-2024

'Tis the Season To Donate Toys

By ACCESSWIRE 12-18-2023

Edison International (EIX): Assessing Its Market Value

By GuruFocus Research 12-27-2023

Q2 2019 Edison International Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2022 Edison International Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2023 Edison International Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2022 Edison International Earnings Call Transcript

By GuruFocus Research 01-22-2024

COP28: Moving From Promises to Progress

By ACCESSWIRE 12-29-2023