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Western Digital (BSP:W1DC34) Shiller PE Ratio : 74.82 (As of May. 17, 2024)


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What is Western Digital Shiller PE Ratio?

As of today (2024-05-17), Western Digital's current share price is R$369.63. Western Digital's E10 for the quarter that ended in Mar. 2024 was R$4.94. Western Digital's Shiller PE Ratio for today is 74.82.

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

BSP:W1DC34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.64   Med: 17.92   Max: 66.16
Current: 65.08

During the past years, Western Digital's highest Shiller PE Ratio was 66.16. The lowest was 7.64. And the median was 17.92.

BSP:W1DC34's Shiller PE Ratio is ranked worse than
85.3% of 1381 companies
in the Hardware industry
Industry Median: 24.4 vs BSP:W1DC34: 65.08

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.

Western Digital's adjusted earnings per share data for the three months ended in Mar. 2024 was R$1.693. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$4.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Western Digital Shiller PE Ratio Historical Data

The historical data trend for Western Digital'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.

Western Digital Shiller PE Ratio Chart

Western Digital Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.38 14.36 22.79 14.65 18.19

Western Digital 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 17.58 18.19 28.21 40.72 59.93

Competitive Comparison of Western Digital's Shiller PE Ratio

For the Computer Hardware subindustry, Western Digital'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.


Western Digital's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Western Digital's Shiller PE Ratio distribution charts can be found below:

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



Western Digital 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.

Western Digital's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=369.63/4.94
=74.82

* 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.

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

For example, Western Digital'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)
=1.693/131.7762*131.7762
=1.693

Current CPI (Mar. 2024) = 131.7762.

Western Digital Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 2.952 100.560 3.868
201409 4.115 100.428 5.399
201412 4.861 99.070 6.466
201503 5.120 99.621 6.773
201506 2.925 100.684 3.828
201509 4.723 100.392 6.200
201512 4.152 99.792 5.483
201603 1.183 100.470 1.552
201606 -4.587 101.688 -5.944
201609 -4.164 101.861 -5.387
201612 2.683 101.863 3.471
201703 2.596 102.862 3.326
201706 3.065 103.349 3.908
201709 6.985 104.136 8.839
201712 -9.160 104.011 -11.605
201803 0.656 105.290 0.821
201806 9.277 106.317 11.499
201809 7.026 106.507 8.693
201812 -6.524 105.998 -8.111
201903 -7.643 107.251 -9.391
201906 -2.583 108.070 -3.150
201909 -3.831 108.329 -4.660
201912 -1.929 108.420 -2.345
202003 0.293 108.902 0.355
202006 2.542 108.767 3.080
202009 -1.080 109.815 -1.296
202012 1.029 109.897 1.234
202103 3.550 111.754 4.186
202106 9.906 114.631 11.388
202109 10.188 115.734 11.600
202112 10.122 117.630 11.339
202203 0.398 121.301 0.432
202206 4.795 125.017 5.054
202209 0.419 125.227 0.441
202212 -7.448 125.222 -7.838
202303 -9.480 127.348 -9.810
202306 -11.018 128.729 -11.279
202309 -10.717 129.860 -10.875
202312 -4.557 129.419 -4.640
202403 1.693 131.776 1.693

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.


Western Digital  (BSP:W1DC34) 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.


Western Digital Shiller PE Ratio Related Terms

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


Western Digital (BSP:W1DC34) Business Description

Address
5601 Great Oaks Parkway, San Jose, CA, USA, 95119
Western Digital is a leading vertically integrated supplier of data storage solutions, spanning both hard disk drives and solid-state drives. In the HDD market it forms a practical duopoly with Seagate, and it is the largest global producer of NAND flash chips for SSDs in a joint venture with competitor Kioxia.

Western Digital (BSP:W1DC34) Headlines

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