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SAP SE (BUD:SAP) Shiller PE Ratio : 44.16 (As of May. 11, 2024)


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What is SAP SE Shiller PE Ratio?

As of today (2024-05-11), SAP SE's current share price is Ft66000.00. SAP SE's E10 for the quarter that ended in Mar. 2024 was Ft1,494.65. SAP SE's Shiller PE Ratio for today is 44.16.

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

BUD:SAP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 22.77   Med: 33.54   Max: 46.9
Current: 46.77

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.

BUD:SAP's Shiller PE Ratio is ranked worse than
69.07% of 915 companies
in the Software industry
Industry Median: 30.86 vs BUD:SAP: 46.77

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 Ft-277.842. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is Ft1,494.65 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
=66000.00/1494.65
=44.16

* 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)
=-277.842/123.6675*123.6675
=-277.842

Current CPI (Mar. 2024) = 123.6675.

SAP SE Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 229.904 99.543 285.623
201409 338.679 99.823 419.581
201412 483.874 99.543 601.145
201503 136.371 99.717 169.126
201506 157.585 100.417 194.073
201509 303.047 100.417 373.215
201512 419.632 99.717 520.423
201603 192.438 100.017 237.944
201606 275.072 100.717 337.754
201609 246.479 101.017 301.746
201612 478.508 101.217 584.644
201703 165.571 101.417 201.897
201706 226.530 102.117 274.336
201709 351.867 102.717 423.635
201712 660.392 102.617 795.862
201803 261.914 102.917 314.721
201806 252.351 104.017 300.023
201809 340.276 104.718 401.853
201812 577.507 104.217 685.287
201903 -40.680 104.217 -48.272
201906 195.265 105.718 228.419
201909 412.358 106.018 481.007
201912 548.031 105.818 640.476
202003 270.513 105.718 316.444
202006 295.963 106.618 343.292
202009 559.749 105.818 654.171
202012 709.529 105.518 831.574
202103 377.164 107.518 433.815
202106 498.823 108.486 568.629
202109 504.028 109.435 569.581
202112 500.062 110.384 560.241
202203 249.794 113.968 271.053
202206 106.560 115.760 113.839
202209 203.180 118.818 211.473
202212 179.247 119.345 185.739
202303 158.039 122.402 159.672
202306 1,142.860 123.140 1,147.752
202309 414.965 124.195 413.204
202312 396.533 123.668 396.533
202403 -277.842 123.668 -277.842

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  (BUD: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 (BUD: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.