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SAP SE (BSE:SAP) Shiller PE Ratio : 46.25 (As of May. 06, 2024)


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What is SAP SE Shiller PE Ratio?

As of today (2024-05-06), SAP SE's current share price is lei875.50. SAP SE's E10 for the quarter that ended in Mar. 2024 was lei18.93. SAP SE's Shiller PE Ratio for today is 46.25.

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

BSE:SAP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 22.77   Med: 33.54   Max: 46.9
Current: 44.91

During the past years, SAP SE's highest Shiller PE Ratio was 46.90. The lowest was 22.77. And the median was 33.54.

BSE:SAP's Shiller PE Ratio is ranked worse than
68.1% of 909 companies
in the Software industry
Industry Median: 31.22 vs BSE:SAP: 44.91

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.

SAP SE's adjusted earnings per share data for the three months ended in Mar. 2024 was lei-3.565. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is lei18.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SAP SE Shiller PE Ratio Historical Data

The historical data trend for SAP SE'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.

SAP SE Shiller PE Ratio Chart

SAP SE 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 41.49 34.00 36.56 26.75 35.51

SAP SE 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 31.52 31.92 30.84 35.51 47.47

Competitive Comparison of SAP SE's Shiller PE Ratio

For the Software - Application subindustry, SAP SE'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.


SAP SE's Shiller PE Ratio Distribution in the Software Industry

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

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



SAP SE 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.

SAP SE's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=875.50/18.93
=46.25

* 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.

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

For example, SAP SE'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)
=-3.565/123.6675*123.6675
=-3.565

Current CPI (Mar. 2024) = 123.6675.

SAP SE Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 2.950 99.543 3.665
201409 4.346 99.823 5.384
201412 6.209 99.543 7.714
201503 1.750 99.717 2.170
201506 2.022 100.417 2.490
201509 3.889 100.417 4.789
201512 5.385 99.717 6.678
201603 2.470 100.017 3.054
201606 3.530 100.717 4.334
201609 3.163 101.017 3.872
201612 6.141 101.217 7.503
201703 2.125 101.417 2.591
201706 2.907 102.117 3.520
201709 4.515 102.717 5.436
201712 8.475 102.617 10.214
201803 3.361 102.917 4.039
201806 3.238 104.017 3.850
201809 4.367 104.718 5.157
201812 7.411 104.217 8.794
201903 -0.522 104.217 -0.619
201906 2.506 105.718 2.931
201909 5.292 106.018 6.173
201912 7.033 105.818 8.219
202003 3.471 105.718 4.060
202006 3.798 106.618 4.405
202009 7.183 105.818 8.395
202012 9.105 105.518 10.671
202103 4.840 107.518 5.567
202106 6.401 108.486 7.297
202109 6.468 109.435 7.309
202112 6.417 110.384 7.189
202203 3.206 113.968 3.479
202206 1.367 115.760 1.460
202209 2.607 118.818 2.713
202212 2.300 119.345 2.383
202303 2.028 122.402 2.049
202306 14.666 123.140 14.729
202309 5.325 124.195 5.302
202312 5.089 123.668 5.089
202403 -3.565 123.668 -3.565

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.


SAP SE  (BSE:SAP) 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.


SAP SE Shiller PE Ratio Related Terms

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


SAP SE (BSE:SAP) Business Description

Address
Dietmar-Hopp-Allee 16, Walldorf, BW, DEU, 69190
Founded in 1972 by former IBM employees, SAP provides database technology and enterprise resource planning software to enterprises around the world. Across more than 180 countries, the company serves 440,000 customers, approximately 80% of which are small- to medium-size enterprises.