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Block (SQ) Shiller PE Ratio : (As of Apr. 27, 2024)


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What is Block Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Block Shiller PE Ratio Historical Data

The historical data trend for Block'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.

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Block Shiller PE Ratio Chart

Block Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Block Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Block's Shiller PE Ratio

For the Software - Infrastructure subindustry, Block'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.


Block's Shiller PE Ratio Distribution in the Software Industry

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

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



Block 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.

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

For example, Block'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)
=0.3/129.4194*129.4194
=0.300

Current CPI (Dec. 2023) = 129.4194.

Block Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 0.000 98.326 0.000
201406 0.000 100.560 0.000
201409 -0.132 100.428 -0.170
201412 -0.130 99.070 -0.170
201503 -0.169 99.621 -0.220
201506 -0.104 100.684 -0.134
201509 -0.167 100.392 -0.215
201512 -0.240 99.792 -0.311
201603 -0.290 100.470 -0.374
201606 -0.080 101.688 -0.102
201609 -0.090 101.861 -0.114
201612 -0.040 101.863 -0.051
201703 -0.040 102.862 -0.050
201706 -0.040 103.349 -0.050
201709 -0.040 104.136 -0.050
201712 -0.040 104.011 -0.050
201803 -0.060 105.290 -0.074
201806 -0.010 106.317 -0.012
201809 0.040 106.507 0.049
201812 -0.070 105.998 -0.085
201903 -0.090 107.251 -0.109
201906 -0.020 108.070 -0.024
201909 0.060 108.329 0.072
201912 0.830 108.420 0.991
202003 -0.240 108.902 -0.285
202006 -0.030 108.767 -0.036
202009 0.070 109.815 0.082
202012 0.590 109.897 0.695
202103 0.080 111.754 0.093
202106 0.400 114.631 0.452
202109 0.000 115.734 0.000
202112 -0.170 117.630 -0.187
202203 -0.380 121.301 -0.405
202206 -0.360 125.017 -0.373
202209 -0.020 125.227 -0.021
202212 -0.180 125.222 -0.186
202303 -0.030 127.348 -0.030
202306 -0.200 128.729 -0.201
202309 -0.050 129.860 -0.050
202312 0.300 129.419 0.300

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.


Block  (NYSE:SQ) 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.


Block Shiller PE Ratio Related Terms

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Block (SQ) Business Description

Address
1455 Market Street, Suite 600, San Francisco, CA, USA, 94103
Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2022, Square's payment volume was a little over $200 million.
Executives
Brian Grassadonia officer: Cash App Lead 1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Amrita Ahuja officer: Chief Financial Officer 1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Chrysty Esperanza officer: Interim Counsel Lead 1955 BROADWAY, SUITE 600, OAKLAND CA 94612
Ajmere Dale officer: Chief Accounting Officer 1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Roelof Botha director C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Alyssa Henry officer: Seller Lead 1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Lawrence Henry Summers director JOHN F. KENNEDY SCHOOL OF GOVERNMENT, MAILBOX 8, 79 JFK STREET, CAMBRIDGE MA 02138
Neha Narula director 1955 BROADWAY, SUITE 600, OAKLAND CA 94612
Sivan Whiteley officer: Gen. Counsel & Corp. Secretary 1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Sharon Rothstein director C/O YELP INC., 350 MISSION STREET, 10TH FLOOR, SAN FRANCISCO CA 94105
Mckelvey James Morgan Jr. director, 10 percent owner 2645 SOUTH BAYSHORE #802, MIAMI FL 33133
Carter Shawn Corey director C/O S. CARTER ENTERPRISES, LLC, 1411 BROADWAY, NEW YORK NY 10018
Jack Dorsey director, 10 percent owner, officer: President, CEO & Chairman C/O TWITTER INC, 1355 MARKET STREET SUITE 900, SAN FRANCISCO CA 94103
Mary G Meeker director 2750 SAND HILL ROAD, MENLO PARK CA 94025
David A Viniar director C/O GOLDMAN SACHS GROUP INC, 200 WEST STREET, NEW YORK NY 10282