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Suncor Energy (Suncor Energy) Shiller PE Ratio

: 23.35 (As of Today)
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As of today (2024-04-18), Suncor Energy's current share price is $38.29. Suncor Energy's E10 for the quarter that ended in Dec. 2023 was $1.64. Suncor Energy's Shiller PE Ratio for today is 23.35.

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

SU' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.88   Med: 21.44   Max: 37.17
Current: 24.23

During the past years, Suncor Energy's highest Shiller PE Ratio was 37.17. The lowest was 8.88. And the median was 21.44.

SU's Shiller PE Ratio is ranked worse than
63.88% of 418 companies
in the Oil & Gas industry
Industry Median: 17.545 vs SU: 24.23

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.

Suncor Energy's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.625. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.64 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Suncor Energy Shiller PE Ratio Historical Data

The historical data trend for Suncor Energy'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.

Suncor Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.53 17.01 24.71 23.92 19.59

Suncor Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 23.92 22.25 19.49 23.54 19.59

Competitive Comparison

For the Oil & Gas Integrated subindustry, Suncor Energy'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.


Suncor Energy Shiller PE Ratio Distribution

For the Oil & Gas industry and Energy sector, Suncor Energy's Shiller PE Ratio distribution charts can be found below:

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



Suncor Energy 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.

Suncor Energy's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=38.29/1.64
=23.35

* 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.

Suncor Energy's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Suncor Energy's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.625/125.4675*125.4675
=1.625

Current CPI (Dec. 2023) = 125.4675.

Suncor Energy Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.909 98.604 1.157
201406 0.129 99.473 0.163
201409 0.563 99.394 0.711
201412 0.052 98.367 0.066
201503 -0.190 99.789 -0.239
201506 0.404 100.500 0.504
201509 -0.196 100.421 -0.245
201512 -1.006 99.947 -1.263
201603 0.121 101.054 0.150
201606 -0.357 102.002 -0.439
201609 0.183 101.765 0.226
201612 0.240 101.449 0.297
201703 0.605 102.634 0.740
201706 0.196 103.029 0.239
201709 0.635 103.345 0.771
201712 0.658 103.345 0.799
201803 0.371 105.004 0.443
201806 0.450 105.557 0.535
201809 0.852 105.636 1.012
201812 -0.134 105.399 -0.160
201903 0.696 106.979 0.816
201906 1.309 107.690 1.525
201909 0.506 107.611 0.590
201912 -1.154 107.769 -1.344
202003 -1.655 107.927 -1.924
202006 -0.295 108.401 -0.341
202009 -0.008 108.164 -0.009
202012 -0.086 108.559 -0.099
202103 0.430 110.298 0.489
202106 0.475 111.720 0.533
202109 0.466 112.905 0.518
202112 0.836 113.774 0.922
202203 1.627 117.646 1.735
202206 2.210 120.806 2.295
202209 -0.337 120.648 -0.350
202212 1.494 120.964 1.550
202303 1.125 122.702 1.150
202306 1.076 124.203 1.087
202309 0.879 125.230 0.881
202312 1.625 125.468 1.625

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.


Suncor Energy  (NYSE:SU) 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.


Suncor Energy Shiller PE Ratio Related Terms

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Suncor Energy (Suncor Energy) Business Description

Traded in Other Exchanges
Address
150 - 6th Avenue S.W., P.O. Box 2844, Calgary, AB, CAN, T2P 3E3
Suncor Energy Inc is an integrated energy company. The company's operations include oil sands development, production and upgrading, offshore oil and gas, petroleum refining in Canada and the U.S. and the company's Petro-Canada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, renewable fuels and hydrogen. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power.