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Oracle (BSP:ORCL34) Shiller PE Ratio : 37.95 (As of May. 01, 2024)


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What is Oracle Shiller PE Ratio?

As of today (2024-05-01), Oracle's current share price is R$98.28. Oracle's E10 for the quarter that ended in Feb. 2024 was R$2.59. Oracle's Shiller PE Ratio for today is 37.95.

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

BSP:ORCL34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.85   Med: 25.62   Max: 41
Current: 36.28

During the past years, Oracle's highest Shiller PE Ratio was 41.00. The lowest was 19.85. And the median was 25.62.

BSP:ORCL34's Shiller PE Ratio is ranked worse than
58.37% of 908 companies
in the Software industry
Industry Median: 30.98 vs BSP:ORCL34: 36.28

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.

Oracle's adjusted earnings per share data for the three months ended in Feb. 2024 was R$0.703. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$2.59 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oracle Shiller PE Ratio Historical Data

The historical data trend for Oracle'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.

Oracle Shiller PE Ratio Chart

Oracle Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.49 23.16 29.16 24.57 34.64

Oracle Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 29.03 34.64 38.69 37.16 35.62

Competitive Comparison of Oracle's Shiller PE Ratio

For the Software - Infrastructure subindustry, Oracle'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.


Oracle's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Oracle's Shiller PE Ratio distribution charts can be found below:

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



Oracle 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.

Oracle's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=98.28/2.59
=37.95

* 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.

Oracle's E10 for the quarter that ended in Feb. 2024 is calculated as:

For example, Oracle's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.703/129.4194*129.4194
=0.703

Current CPI (Feb. 2024) = 129.4194.

Oracle Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 0.296 100.373 0.382
201408 0.181 100.352 0.233
201411 0.238 99.635 0.309
201502 0.263 99.032 0.344
201505 0.316 100.333 0.408
201508 0.234 100.548 0.301
201511 0.322 100.135 0.416
201602 0.330 100.040 0.427
201605 0.389 101.355 0.497
201608 0.230 101.617 0.293
201611 0.267 101.829 0.339
201702 0.274 102.779 0.345
201705 0.406 103.256 0.509
201708 0.262 103.587 0.327
201711 0.283 104.072 0.352
201802 -0.531 105.052 -0.654
201805 0.496 106.148 0.605
201808 0.374 106.383 0.455
201811 0.385 106.338 0.469
201902 0.472 106.649 0.573
201905 0.712 108.048 0.853
201908 0.422 108.245 0.505
201911 0.478 108.519 0.570
202002 0.572 109.139 0.678
202005 0.921 108.175 1.102
202008 0.656 109.662 0.774
202011 0.726 109.793 0.856
202102 1.516 110.968 1.768
202105 1.207 113.576 1.375
202108 0.752 115.421 0.843
202111 -0.427 117.269 -0.471
202202 0.728 119.703 0.787
202205 0.959 123.323 1.006
202208 0.480 124.958 0.497
202211 0.553 125.607 0.570
202302 0.587 126.928 0.599
202305 0.988 128.314 0.997
202308 0.703 129.538 0.702
202311 0.727 129.548 0.726
202402 0.703 129.419 0.703

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.


Oracle  (BSP:ORCL34) 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.


Oracle Shiller PE Ratio Related Terms

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Oracle (BSP:ORCL34) Business Description

Address
2300 Oracle Way, Austin, TX, USA, 78741
Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.

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