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Baidu (FRA:B1C) Shiller PE Ratio : (As of May. 17, 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 15.55

Baidu 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 19.84 17.97 17.33 15.55 -

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 Mar. 2024 is calculated as:

For example, Baidu'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)
=0/115.2271*115.2271
=0.000

Current CPI (Mar. 2024) = 115.2271.

Baidu Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.192 98.200 1.399
201409 1.391 98.900 1.621
201412 1.180 99.000 1.373
201503 1.001 99.900 1.155
201506 1.463 99.500 1.694
201509 1.108 100.500 1.270
201512 10.094 100.600 11.562
201603 0.743 102.200 0.838
201606 0.887 101.400 1.008
201609 1.136 102.400 1.278
201612 1.562 102.600 1.754
201703 0.628 103.200 0.701
201706 1.479 103.100 1.653
201709 3.072 104.100 3.400
201712 1.587 104.500 1.750
201803 2.398 105.300 2.624
201806 2.401 104.900 2.637
201809 4.408 106.600 4.765
201812 0.757 106.500 0.819
201903 -0.129 107.700 -0.138
201906 0.843 107.700 0.902
201909 -2.345 109.800 -2.461
201912 2.342 111.200 2.427
202003 0.010 112.300 0.010
202006 1.294 110.400 1.351
202009 4.956 111.700 5.112
202012 1.891 111.500 1.954
202103 9.516 112.662 9.733
202106 -0.217 111.769 -0.224
202109 -6.340 112.215 -6.510
202112 0.622 113.108 0.634
202203 -0.412 114.335 -0.415
202206 1.413 114.558 1.421
202209 -0.127 115.339 -0.127
202212 1.842 115.116 1.844
202303 2.158 115.116 2.160
202306 1.825 114.558 1.836
202309 2.342 115.339 2.340
202312 0.873 114.781 0.876
202403 0.000 115.227 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  (FRA:B1C) 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 (FRA:B1C) 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.

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