GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Meta Platforms Inc (UKEX:FB) » Definitions » Shiller PE Ratio

Meta Platforms (UKEX:FB) Shiller PE Ratio : 54.87 (As of May. 26, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Meta Platforms Shiller PE Ratio?

As of today (2024-05-26), Meta Platforms's current share price is ₴18766.00. Meta Platforms's E10 for the quarter that ended in Mar. 2024 was ₴342.02. Meta Platforms's Shiller PE Ratio for today is 54.87.

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

UKEX:FB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.08   Med: 43.06   Max: 84.8
Current: 54.06

During the past years, Meta Platforms's highest Shiller PE Ratio was 84.80. The lowest was 14.08. And the median was 43.06.

UKEX:FB's Shiller PE Ratio is ranked worse than
82.78% of 180 companies
in the Interactive Media industry
Industry Median: 22.155 vs UKEX:FB: 54.06

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.

Meta Platforms's adjusted earnings per share data for the three months ended in Mar. 2024 was ₴188.917. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₴342.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meta Platforms Shiller PE Ratio Historical Data

The historical data trend for Meta Platforms'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.

Meta Platforms Shiller PE Ratio Chart

Meta Platforms 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 - 72.55 62.26 18.18 42.87

Meta Platforms 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 30.54 39.33 38.60 42.87 54.90

Competitive Comparison of Meta Platforms's Shiller PE Ratio

For the Internet Content & Information subindustry, Meta Platforms'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.


Meta Platforms's Shiller PE Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meta Platforms's Shiller PE Ratio distribution charts can be found below:

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



Meta Platforms 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.

Meta Platforms's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=18766.00/342.02
=54.87

* 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.

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

For example, Meta Platforms'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)
=188.917/131.7762*131.7762
=188.917

Current CPI (Mar. 2024) = 131.7762.

Meta Platforms Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 12.033 100.560 15.768
201409 12.033 100.428 15.789
201412 10.027 99.070 13.337
201503 7.220 99.621 9.550
201506 10.027 100.684 13.123
201509 12.434 100.392 16.321
201512 21.659 99.792 28.601
201603 24.066 100.470 31.565
201606 31.286 101.688 40.543
201609 36.099 101.861 46.701
201612 48.533 101.863 62.785
201703 41.714 102.862 53.440
201706 52.945 103.349 67.508
201709 63.774 104.136 80.701
201712 57.758 104.011 73.176
201803 67.785 105.290 84.837
201806 69.791 106.317 86.504
201809 70.593 106.507 87.342
201812 95.461 105.998 118.677
201903 34.093 107.251 41.889
201906 36.500 108.070 44.507
201909 85.033 108.329 103.438
201912 102.681 108.420 124.801
202003 68.588 108.902 82.995
202006 72.197 108.767 87.470
202009 108.697 109.815 130.435
202012 155.626 109.897 186.610
202103 132.362 111.754 156.076
202106 144.796 114.631 166.452
202109 129.153 115.734 147.055
202112 147.203 117.630 164.906
202203 109.098 121.301 118.519
202206 98.670 125.017 104.005
202209 65.780 125.227 69.220
202212 70.593 125.222 74.288
202303 88.241 127.348 91.309
202306 119.527 128.729 122.357
202309 176.081 129.860 178.680
202312 213.785 129.419 217.678
202403 188.917 131.776 188.917

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.


Meta Platforms  (UKEX:FB) 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.


Meta Platforms Shiller PE Ratio Related Terms

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


Meta Platforms (UKEX:FB) Business Description

Address
1601 Willow Road, Menlo Park, CA, USA, 94025
Meta is the world's largest online social network, with 3.8 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.

Meta Platforms (UKEX:FB) Headlines

No Headlines