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Baidu (XSWX:BIDU) Shiller PE Ratio : (As of Apr. 29, 2024)


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What is Baidu Shiller PE Ratio?

Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Baidu Shiller PE Ratio Historical Data

The historical data trend for Baidu'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.

Baidu Shiller PE Ratio Chart

Baidu 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 19.02 28.96 19.47 15.28 15.56

Baidu 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 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 15.28 19.84 17.97 17.33 15.56

Competitive Comparison of Baidu's Shiller PE Ratio

For the Internet Content & Information subindustry, Baidu'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.


Baidu's Shiller PE Ratio Distribution in the Interactive Media Industry

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

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



Baidu 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.

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

For example, Baidu'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)
=0/114.6694*114.6694
=0.000

Current CPI (Dec. 2023) = 114.6694.

Baidu Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.029 98.600 1.197
201406 1.451 98.200 1.694
201409 1.679 98.900 1.947
201412 1.419 99.000 1.644
201503 1.061 99.900 1.218
201506 1.530 99.500 1.763
201509 1.210 100.500 1.381
201512 10.942 100.600 12.472
201603 0.812 102.200 0.911
201606 0.967 101.400 1.094
201609 1.241 102.400 1.390
201612 1.679 102.600 1.877
201703 0.672 103.200 0.747
201706 1.609 103.100 1.790
201709 3.524 104.100 3.882
201712 1.853 104.500 2.033
201803 2.803 105.300 3.052
201806 2.777 104.900 3.036
201809 4.980 106.600 5.357
201812 0.855 106.500 0.921
201903 -0.146 107.700 -0.155
201906 0.941 107.700 1.002
201909 -2.559 109.800 -2.672
201912 2.557 111.200 2.637
202003 0.003 112.300 0.003
202006 1.384 110.400 1.438
202009 5.345 111.700 5.487
202012 2.045 111.500 2.103
202103 0.000 112.662 0.000
202106 0.000 111.769 0.000
202109 0.000 112.215 0.000
202112 0.000 113.108 0.000
202203 0.000 114.335 0.000
202206 0.000 114.558 0.000
202209 0.000 115.339 0.000
202212 0.000 115.116 0.000
202303 0.000 115.116 0.000
202306 0.000 114.558 0.000
202309 0.000 115.339 0.000
202312 0.000 114.669 0.000

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.


Baidu  (XSWX:BIDU) 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.


Baidu Shiller PE Ratio Related Terms

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Baidu (XSWX:BIDU) Business Description

Address
No. 10 Shangdi 10th Street, Baidu Campus, Haidian District, Beijing, CHN, 100085
Baidu is the largest internet search engine in China with 84% share of the search engine market in September 2021 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 2022. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving.