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AT&T (BUE:T) Shiller PE Ratio : 8.10 (As of May. 06, 2024)


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What is AT&T Shiller PE Ratio?

As of today (2024-05-06), AT&T's current share price is ARS6282.00. AT&T's E10 for the quarter that ended in Mar. 2024 was ARS775.47. AT&T's Shiller PE Ratio for today is 8.10.

The historical rank and industry rank for AT&T's Shiller PE Ratio or its related term are showing as below:

BUE:T' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.75   Med: 10.56   Max: 14.71
Current: 7.83

During the past years, AT&T's highest Shiller PE Ratio was 14.71. The lowest was 5.75. And the median was 10.56.

BUE:T's Shiller PE Ratio is ranked better than
81.19% of 218 companies
in the Telecommunication Services industry
Industry Median: 14.695 vs BUE:T: 7.83

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.

AT&T's adjusted earnings per share data for the three months ended in Mar. 2024 was ARS1,187.925. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ARS775.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AT&T Shiller PE Ratio Historical Data

The historical data trend for AT&T'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.

AT&T Shiller PE Ratio Chart

AT&T 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 11.48 10.18 7.49 7.78 7.64

AT&T 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 8.10 6.73 6.40 7.64 8.18

Competitive Comparison of AT&T's Shiller PE Ratio

For the Telecom Services subindustry, AT&T'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.


AT&T's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, AT&T's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where AT&T's Shiller PE Ratio falls into.



AT&T 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.

AT&T's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6282.00/775.47
=8.10

* 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.

AT&T's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, AT&T'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)
=1187.925/129.4194*129.4194
=1,187.925

Current CPI (Mar. 2024) = 129.4194.

AT&T Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 16.575 100.560 21.332
201409 15.154 100.428 19.529
201412 -19.753 99.070 -25.804
201503 16.669 99.621 21.655
201506 16.083 100.684 20.673
201509 14.103 100.392 18.181
201512 25.239 99.792 32.732
201603 26.725 100.470 34.425
201606 23.067 101.688 29.358
201609 24.165 101.861 30.703
201612 18.547 101.863 23.564
201703 25.901 102.862 32.588
201706 31.162 103.349 39.023
201709 25.760 104.136 32.014
201712 176.438 104.011 219.539
201803 45.335 105.290 55.725
201806 60.604 106.317 73.773
201809 71.758 106.507 87.195
201812 74.656 105.998 91.152
201903 65.671 107.251 79.245
201906 68.359 108.070 81.864
201909 83.889 108.329 100.221
201912 59.176 108.420 70.637
202003 117.311 108.902 139.413
202006 34.915 108.767 41.544
202009 86.861 109.815 102.368
202012 -476.073 109.897 -560.645
202103 275.645 111.754 319.216
202106 59.680 114.631 67.379
202109 234.672 115.734 262.421
202112 209.049 117.630 230.002
202203 209.376 121.301 223.389
202206 202.154 125.017 209.273
202209 333.480 125.227 344.646
202212 -1,609.440 125.222 -1,663.391
202303 337.811 127.348 343.306
202306 439.200 128.729 441.557
202309 503.928 129.860 502.220
202312 324.900 129.419 324.900
202403 1,187.925 129.419 1,187.925

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.


AT&T  (BUE:T) 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.


AT&T Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of AT&T's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


AT&T (BUE:T) Business Description

Address
208 S. Akard Street, Dallas, TX, USA, 75202
The wireless business contributes about two thirds of AT&T's revenue following the spinoff of Warner Media. The firm is the third-largest U.S. wireless carrier, connecting 70 million postpaid and 18 million prepaid phone customers. Fixed-line enterprise services, which account for about 18% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 11% of revenue, primarily consist of broadband internet access service. AT&T also has a sizable presence in Mexico, serving 22 million customers, but this business only accounts for 3% of revenue. The firm still holds a 70% equity stake in satellite television provider DirecTV but does not consolidate this business in its financial statements.

AT&T (BUE:T) Headlines

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