What is Nasdaq Shiller PE Ratio?
As of today (2024-09-13), Nasdaq's current share price is $72.33. Nasdaq's E10 for the quarter that ended in Jun. 2024 was $1.71. Nasdaq's Shiller PE Ratio for today is 42.30.
The historical rank and industry rank for Nasdaq's Shiller PE Ratio or its related term are showing as below:
NDAQ' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.59 Med: 36.18 Max: 58.63
Current: 42.3
During the past years, Nasdaq's highest Shiller PE Ratio was 58.63. The lowest was 20.59. And the median was 36.18.
NDAQ's Shiller PE Ratio is ranked worse than
74.07% of 459 companies
in the Capital Markets industry
Industry Median: 21.8 vs NDAQ: 42.30
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.
Nasdaq's adjusted earnings per share data for the three months ended in Jun. 2024 was $0.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.71 for the trailing ten years ended in Jun. 2024.
Shiller PE for Stocks: The True Measure of Stock Valuation
Nasdaq Shiller PE Ratio Historical Data
The historical data trend for Nasdaq'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.
Nasdaq Shiller PE Ratio Chart
Nasdaq Annual Data | ||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||||||
Shiller PE Ratio | Get a 7-Day Free Trial | 39.17 | 42.76 | 55.57 | 41.41 | 35.33 |
Nasdaq Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Shiller PE Ratio | Get a 7-Day Free Trial | 31.05 | 29.44 | 35.33 | 37.35 | 35.21 |
Competitive Comparison of Nasdaq's Shiller PE Ratio
For the Financial Data & Stock Exchanges subindustry, Nasdaq'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.
Nasdaq's Shiller PE Ratio Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Nasdaq's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Nasdaq's Shiller PE Ratio falls into.
Nasdaq 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.
Nasdaq's Shiller PE Ratio for today is calculated as
Shiller PE Ratio | = | Share Price | / | E10 |
= | 72.33 | / | 1.71 | |
= | 42.30 |
* 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.
Nasdaq's E10 for the quarter that ended in Jun. 2024 is calculated as:
For example, Nasdaq's adjusted earnings per share data for the three months ended in Jun. 2024 was:
Adj_EPS | = | Earnings per Share (Diluted) | / | CPI of Jun. 2024 (Change) | * | Current CPI (Jun. 2024) |
= | 0.38 | / | 132.5538 | * | 132.5538 | |
= | 0.380 |
Current CPI (Jun. 2024) = 132.5538.
Nasdaq Quarterly Data
Earnings per Share (Diluted) | CPI | Adj_EPS | |
201409 | 0.237 | 100.428 | 0.313 |
201412 | 0.167 | 99.070 | 0.223 |
201503 | 0.017 | 99.621 | 0.023 |
201506 | 0.257 | 100.684 | 0.338 |
201509 | 0.267 | 100.392 | 0.353 |
201512 | 0.293 | 99.792 | 0.389 |
201603 | 0.260 | 100.470 | 0.343 |
201606 | 0.140 | 101.688 | 0.182 |
201609 | 0.257 | 101.861 | 0.334 |
201612 | -0.450 | 101.863 | -0.586 |
201703 | 0.330 | 102.862 | 0.425 |
201706 | 0.290 | 103.349 | 0.372 |
201709 | 0.333 | 104.136 | 0.424 |
201712 | 0.483 | 104.011 | 0.616 |
201803 | 0.350 | 105.290 | 0.441 |
201806 | 0.323 | 106.317 | 0.403 |
201809 | 0.323 | 106.507 | 0.402 |
201812 | -0.090 | 105.998 | -0.113 |
201903 | 0.493 | 107.251 | 0.609 |
201906 | 0.347 | 108.070 | 0.426 |
201909 | 0.300 | 108.329 | 0.367 |
201912 | 0.403 | 108.420 | 0.493 |
202003 | 0.407 | 108.902 | 0.495 |
202006 | 0.483 | 108.767 | 0.589 |
202009 | 0.527 | 109.815 | 0.636 |
202012 | 0.447 | 109.897 | 0.539 |
202103 | 0.593 | 111.754 | 0.703 |
202106 | 0.683 | 114.631 | 0.790 |
202109 | 0.560 | 115.734 | 0.641 |
202112 | 0.510 | 117.630 | 0.575 |
202203 | 0.570 | 121.301 | 0.623 |
202206 | 0.620 | 125.017 | 0.657 |
202209 | 0.590 | 125.227 | 0.625 |
202212 | 0.480 | 125.222 | 0.508 |
202303 | 0.610 | 127.348 | 0.635 |
202306 | 0.540 | 128.729 | 0.556 |
202309 | 0.600 | 129.860 | 0.612 |
202312 | 0.360 | 129.419 | 0.369 |
202403 | 0.400 | 131.776 | 0.402 |
202406 | 0.380 | 132.554 | 0.380 |
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.
Nasdaq(NAS:NDAQ) 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.
Nasdaq Shiller PE Ratio Related Terms
Thank you for viewing the detailed overview of Nasdaq's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Nasdaq Business Description
Industry
GURUFOCUS.COM »STOCK LIST »Financial Services » Capital Markets » Nasdaq Inc (NAS:NDAQ) » Definitions » Shiller PE Ratio
Comparable Companies
MSCI COIN CBOE TRU FDS MORN CME DNB OTCM VALU SPGI ICE MCO LSE:LSEG XTER:DB1 HKSE:00388 SZSE:300059 BSP:B3SA3 TSE:8697 XPAR:ENX
Traded in Other Exchanges
NDAQ:Mexico 0K4T:UK NAQ:Germany NAQ:Germany NAQ:Germany N1DA34:Brazil
Address
151 W. 42nd Street, New York, NY, USA, 10036
Website
Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its market-services business (about 35% of sales), the company sells and distributes market data as well as offers Nasdaq-branded indexes to asset managers and investors through its information-services segment (30%). Nasdaq's corporate-services business (20%) offers listing services and related investor relations products to publicly traded companies and through the company's market technology group (15%), Nasdaq facilitates the exchange operations of other exchanges throughout the world and provides financial compliance services.
Executives
Adenza Parent, Lp | director, 10 percent owner | ONE MARKET PLAZA, SPEAR TOWER, SUITE 2400, SAN FRANCISCO CA 94150 |
Spaht Paul Holden Jr. | director | 600 MONTGOMERY STREET, 20TH FLOOR, SAN FRANCISCO CA 94111 |
Thoma Bravo Ugp, Llc | director, 10 percent owner | 110 N. WACKER DRIVE, 32ND FLOOR, CHICAGO IL 60606 |
Ann M Dennison | officer: Controller and Prin Acctg Ofcr | ONE LIBERTY PLAZA, NEW YORK NY 10006 |
Johan Torgeby | director | 151 W. 42ND STREET, NEW YORK NY 10036 |
Jeffery W Yabuki | director | 255 FISERV DRIVE, BROOKFIELD WI 53045 |
Adena T Friedman | officer: Executive Vice President | 1801 K STREET, N.W., WASHINGTON DC 20006 |
Michael R Splinter | director | |
Steven D Black | director | C/O JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017 |
Bryan Everard Smith | officer: Executive Vice President | 151 W. 42ND STREET, NEW YORK NY 10036 |
Michelle Lynn Daly | officer: Controller and Prin Acctg Ofcr | 151 W. 42ND STREET, NEW YORK NY 10036 |
Brendan Brothers | officer: Interim Head of AFC | 151 W. 42ND STREET, NEW YORK NY 10036 |
Jeremy Skule | officer: Executive Vice President | ONE LIBERTY PLAZA, NEW YORK MD 20850 |
Bradley J Peterson | officer: Executive Vice President | ONE LIBERTY PLAZA, NEW YORK NY 10006 |
Pc Nelson Griggs | officer: Executive Vice President | ONE LIBERTY PLAZA, NEW YORK NY 10006 |
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