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Comcast (WBO:CMCS) Shiller PE Ratio : 12.71 (As of May. 03, 2024)


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What is Comcast Shiller PE Ratio?

As of today (2024-05-03), Comcast's current share price is €35.71. Comcast's E10 for the quarter that ended in Mar. 2024 was €2.81. Comcast's Shiller PE Ratio for today is 12.71.

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

WBO:CMCS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11   Med: 23.92   Max: 43.37
Current: 12.61

During the past years, Comcast's highest Shiller PE Ratio was 43.37. The lowest was 11.00. And the median was 23.92.

WBO:CMCS's Shiller PE Ratio is ranked better than
59.91% of 217 companies
in the Telecommunication Services industry
Industry Median: 14.33 vs WBO:CMCS: 12.61

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.

Comcast's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.892. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Comcast Shiller PE Ratio Historical Data

The historical data trend for Comcast'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.

Comcast Shiller PE Ratio Chart

Comcast 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 22.41 23.97 19.68 12.97 14.66

Comcast 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 13.55 14.39 14.94 14.66 14.25

Competitive Comparison of Comcast's Shiller PE Ratio

For the Telecom Services subindustry, Comcast'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.


Comcast's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Comcast's Shiller PE Ratio distribution charts can be found below:

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



Comcast 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.

Comcast's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=35.71/2.81
=12.71

* 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.

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

For example, Comcast'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)
=0.892/129.4194*129.4194
=0.892

Current CPI (Mar. 2024) = 129.4194.

Comcast Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.280 100.560 0.360
201409 0.384 100.428 0.495
201412 0.300 99.070 0.392
201503 0.374 99.621 0.486
201506 0.374 100.684 0.481
201509 0.356 100.392 0.459
201512 0.363 99.792 0.471
201603 0.386 100.470 0.497
201606 0.365 101.688 0.465
201609 0.410 101.861 0.521
201612 0.428 101.863 0.544
201703 0.496 102.862 0.624
201706 0.463 103.349 0.580
201709 0.461 104.136 0.573
201712 2.679 104.011 3.333
201803 0.535 105.290 0.658
201806 0.591 106.317 0.719
201809 0.531 106.507 0.645
201812 0.483 105.998 0.590
201903 0.681 107.251 0.822
201906 0.602 108.070 0.721
201909 0.636 108.329 0.760
201912 0.612 108.420 0.731
202003 0.416 108.902 0.494
202006 0.577 108.767 0.687
202009 0.374 109.815 0.441
202012 0.600 109.897 0.707
202103 0.596 111.754 0.690
202106 0.664 114.631 0.750
202109 0.731 115.734 0.817
202112 0.584 117.630 0.643
202203 0.708 121.301 0.755
202206 0.719 125.017 0.744
202209 -1.061 125.227 -1.097
202212 0.661 125.222 0.683
202303 0.850 127.348 0.864
202306 0.941 128.729 0.946
202309 0.918 129.860 0.915
202312 0.743 129.419 0.743
202403 0.892 129.419 0.892

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.


Comcast  (WBO:CMCS) 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.


Comcast Shiller PE Ratio Related Terms

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


Comcast (WBO:CMCS) Business Description

Address
One Comcast Center, Philadelphia, PA, USA, 19103-2838
Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to 62 million U.S. homes and businesses, or nearly half of the country. About 55% of the homes in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC broadcast network, the Peacock streaming platform, several local NBC affiliates, Universal Studios, and several theme parks. Sky, acquired in 2018, is the dominant television provider in the U.K. and has invested heavily in proprietary content to build this position. Sky is also the largest pay-television provider in Italy and has a presence in Germany and Austria.

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