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Block (FRA:SQ3) Shiller PE Ratio : (As of May. 13, 2024)


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What is Block Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Block Shiller PE Ratio Historical Data

The historical data trend for Block'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.

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Block Shiller PE Ratio Chart

Block Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Block Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Block's Shiller PE Ratio

For the Software - Infrastructure subindustry, Block'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.


Block's Shiller PE Ratio Distribution in the Software Industry

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

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



Block 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.

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

For example, Block'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)
=0.681/129.4194*129.4194
=0.681

Current CPI (Mar. 2024) = 129.4194.

Block Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.000 100.560 0.000
201409 -0.103 100.428 -0.133
201412 -0.106 99.070 -0.138
201503 -0.156 99.621 -0.203
201506 -0.093 100.684 -0.120
201509 -0.149 100.392 -0.192
201512 -0.221 99.792 -0.287
201603 -0.260 100.470 -0.335
201606 -0.071 101.688 -0.090
201609 -0.080 101.861 -0.102
201612 -0.038 101.863 -0.048
201703 -0.037 102.862 -0.047
201706 -0.036 103.349 -0.045
201709 -0.034 104.136 -0.042
201712 -0.034 104.011 -0.042
201803 -0.049 105.290 -0.060
201806 -0.009 106.317 -0.011
201809 0.034 106.507 0.041
201812 -0.062 105.998 -0.076
201903 -0.080 107.251 -0.097
201906 -0.018 108.070 -0.022
201909 0.054 108.329 0.065
201912 0.747 108.420 0.892
202003 -0.217 108.902 -0.258
202006 -0.027 108.767 -0.032
202009 0.059 109.815 0.070
202012 0.485 109.897 0.571
202103 0.067 111.754 0.078
202106 0.332 114.631 0.375
202109 0.000 115.734 0.000
202112 -0.150 117.630 -0.165
202203 -0.345 121.301 -0.368
202206 -0.341 125.017 -0.353
202209 -0.020 125.227 -0.021
202212 -0.170 125.222 -0.176
202303 0.149 127.348 0.151
202306 -0.185 128.729 -0.186
202309 -0.047 129.860 -0.047
202312 0.275 129.419 0.275
202403 0.681 129.419 0.681

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.


Block  (FRA:SQ3) 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.


Block Shiller PE Ratio Related Terms

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Block (FRA:SQ3) Business Description

Address
1455 Market Street, Suite 600, San Francisco, CA, USA, 94103
Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2022, Square's payment volume was a little over $200 million.

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