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Procter & Gamble Co (NEOE:PG) Shiller PE Ratio : 32.42 (As of May. 11, 2024)


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What is Procter & Gamble Co Shiller PE Ratio?

As of today (2024-05-11), Procter & Gamble Co's current share price is C$28.85. Procter & Gamble Co's E10 for the quarter that ended in Mar. 2024 was C$0.89. Procter & Gamble Co's Shiller PE Ratio for today is 32.42.

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

NEOE:PG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.96   Med: 22.7   Max: 36.39
Current: 32.27

During the past years, Procter & Gamble Co's highest Shiller PE Ratio was 36.39. The lowest was 16.96. And the median was 22.70.

NEOE:PG's Shiller PE Ratio is ranked worse than
75.05% of 1078 companies
in the Consumer Packaged Goods industry
Industry Median: 18.98 vs NEOE:PG: 32.27

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.

Procter & Gamble Co's adjusted earnings per share data for the three months ended in Mar. 2024 was C$2.057. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Procter & Gamble Co Shiller PE Ratio Historical Data

The historical data trend for Procter & Gamble Co'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.

Procter & Gamble Co Shiller PE Ratio Chart

Procter & Gamble Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.52 29.75 31.24 29.68 29.88

Procter & Gamble Co 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 29.91 29.88 28.22 28.53 31.38

Competitive Comparison of Procter & Gamble Co's Shiller PE Ratio

For the Household & Personal Products subindustry, Procter & Gamble Co'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.


Procter & Gamble Co's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Procter & Gamble Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Procter & Gamble Co's Shiller PE Ratio falls into.



Procter & Gamble Co 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.

Procter & Gamble Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=28.85/0.89
=32.42

* 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.

Procter & Gamble Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Procter & Gamble Co'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)
=2.057/129.4194*129.4194
=2.057

Current CPI (Mar. 2024) = 129.4194.

Procter & Gamble Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.964 100.560 1.241
201409 0.760 100.428 0.979
201412 0.946 99.070 1.236
201503 0.946 99.621 1.229
201506 0.210 100.684 0.270
201509 1.207 100.392 1.556
201512 1.536 99.792 1.992
201603 1.283 100.470 1.653
201606 0.890 101.688 1.133
201609 1.258 101.861 1.598
201612 3.842 101.863 4.881
201703 1.245 102.862 1.566
201706 1.090 103.349 1.365
201709 1.302 104.136 1.618
201712 1.188 104.011 1.478
201803 1.229 105.290 1.511
201806 0.945 106.317 1.150
201809 1.590 106.507 1.932
201812 1.639 105.998 2.001
201903 1.391 107.251 1.679
201906 -2.817 108.070 -3.374
201909 1.801 108.329 2.152
201912 1.857 108.420 2.217
202003 1.564 108.902 1.859
202006 1.450 108.767 1.725
202009 2.156 109.815 2.541
202012 1.883 109.897 2.218
202103 1.584 111.754 1.834
202106 1.381 114.631 1.559
202109 2.040 115.734 2.281
202112 2.125 117.630 2.338
202203 1.684 121.301 1.797
202206 1.549 125.017 1.604
202209 2.094 125.227 2.164
202212 2.160 125.222 2.232
202303 1.875 127.348 1.906
202306 1.820 128.729 1.830
202309 2.476 129.860 2.468
202312 1.878 129.419 1.878
202403 2.057 129.419 2.057

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.


Procter & Gamble Co  (NEOE:PG) 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.


Procter & Gamble Co Shiller PE Ratio Related Terms

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Procter & Gamble Co (NEOE:PG) Business Description

Address
One Procter and Gamble Plaza, Cincinnati, OH, USA, 45202
Since its founding in 1837, Procter & Gamble has become one of the world's largest consumer product manufacturers, generating more than $80 billion in annual sales. It operates with a lineup of leading brands, including more than 20 that generate north of $1 billion each in annual global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. P&G sold its last remaining food brand, Pringles, to Kellogg in calendar 2012. Sales outside its home turf represent just more than half of the firm's consolidated total.

Procter & Gamble Co (NEOE:PG) Headlines