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Shutterstock (Shutterstock) Shiller PE Ratio : 23.64 (As of Jun. 07, 2024)


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What is Shutterstock Shiller PE Ratio?

As of today (2024-06-07), Shutterstock's current share price is $39.48. Shutterstock's E10 for the quarter that ended in Mar. 2024 was $1.67. Shutterstock's Shiller PE Ratio for today is 23.64.

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

SSTK' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.55   Med: 49.66   Max: 100.93
Current: 23.64

During the past years, Shutterstock's highest Shiller PE Ratio was 100.93. The lowest was 20.55. And the median was 49.66.

SSTK's Shiller PE Ratio is ranked worse than
53.63% of 179 companies
in the Interactive Media industry
Industry Median: 22.12 vs SSTK: 23.64

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.

Shutterstock's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shutterstock Shiller PE Ratio Historical Data

The historical data trend for Shutterstock'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.

Shutterstock Shiller PE Ratio Chart

Shutterstock 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 - 68.78 88.23 38.70 29.93

Shutterstock 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 49.90 30.78 23.05 29.93 27.45

Competitive Comparison of Shutterstock's Shiller PE Ratio

For the Internet Content & Information subindustry, Shutterstock'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.


Shutterstock's Shiller PE Ratio Distribution in the Interactive Media Industry

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

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



Shutterstock 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.

Shutterstock's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=39.48/1.67
=23.64

* 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.

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

For example, Shutterstock'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)
=0.45/131.7762*131.7762
=0.450

Current CPI (Mar. 2024) = 131.7762.

Shutterstock Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.140 100.560 0.183
201409 0.150 100.428 0.197
201412 0.190 99.070 0.253
201503 0.090 99.621 0.119
201506 0.150 100.684 0.196
201509 0.110 100.392 0.144
201512 0.190 99.792 0.251
201603 0.170 100.470 0.223
201606 0.200 101.688 0.259
201609 0.260 101.861 0.336
201612 0.270 101.863 0.349
201703 0.190 102.862 0.243
201706 0.090 103.349 0.115
201709 0.140 104.136 0.177
201712 0.060 104.011 0.076
201803 0.920 105.290 1.151
201806 -0.010 106.317 -0.012
201809 0.210 106.507 0.260
201812 0.420 105.998 0.522
201903 0.210 107.251 0.258
201906 0.090 108.070 0.110
201909 0.140 108.329 0.170
201912 0.120 108.420 0.146
202003 0.120 108.902 0.145
202006 0.530 108.767 0.642
202009 0.620 109.815 0.744
202012 0.700 109.897 0.839
202103 0.790 111.754 0.932
202106 0.790 114.631 0.908
202109 0.430 115.734 0.490
202112 0.450 117.630 0.504
202203 0.710 121.301 0.771
202206 0.530 125.017 0.559
202209 0.640 125.227 0.673
202212 0.190 125.222 0.200
202303 0.900 127.348 0.931
202306 1.370 128.729 1.402
202309 0.790 129.860 0.802
202312 -0.030 129.419 -0.031
202403 0.450 131.776 0.450

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.


Shutterstock  (NYSE:SSTK) 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.


Shutterstock Shiller PE Ratio Related Terms

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


Shutterstock (Shutterstock) Business Description

Traded in Other Exchanges
Address
350 Fifth Avenue, 20th Floor, New York, NY, USA, 10118
Shutterstock Inc is a U.S.-based company that is engaged in the provision of digital content. The content segment, whose offerings include photographs, illustrations, vector art, video clips, and music tracks, generates almost all of the company's revenue. Shutterstock's digital content products are marketed under brands including Shutterstock, Bigstock, Offset, Shutterstock Music, and Shutterstock Editorial. Shutterstock is the company's flagship brand, and the majority of the company's sales are derived from the company's shutterstock.com website. The firm's customers include traditional enterprises, marketing agencies, and media organizations. Geographically, North America and Europe jointly account for the majority of the company's revenue.
Executives
Jonathan Oringer director, 10 percent owner, officer: Chief Executive Officer C/O SHUTTERSTOCK, INC., 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Steven Ciardiello officer: Chief Accounting Officer 269 HANCE ROAD, FAIR HAVEN NJ 07704
John Caine officer: Global Head of eCommerce 350 FIFTH AVE, 20TH FLOOR, NEW YORK NY 10118
Paul J. Hennessy director C/O SHUTTERSTOCK, INC., 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Deirdre Mary Bigley director 109 INWOOD AVENUE, MONTCLAIR NJ 07043
Jarrod Yahes officer: Chief Financial Officer 425 W. 53RD STREET, PH1, NEW YORK NY 10119
Peter Silvio officer: Chief Technology Officer C/O SHUTTERSTOCK, INC., 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Stan Pavlovsky director, officer: Chief Executive Officer 3316 LINCOLN AVE NE, RENTON WA 98056
Thomas R Evans director 11760 US HIGHWAY ONE, SUITE 200, NORTH PALM BEACH FL 33408
Alfonse L Upshaw director 350 FIFTH AVENUE, 21ST FL, NEW YORK NY 10118
Abraham Moshe Muchnick officer: Chief Product Officer C/O SHUTTERSTOCK, INC., 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Rachna Bhasin director 1855 GRIFFIN ROAD, B454, DANIA BEACH FL 33004
Martin Brodbeck officer: Chief Technology Officer 26 BLAIR ROAD, ARMONK NY 10504
Louis Weiss officer: Chief Marketing Officer C/O VITAMIN SHOPPE, 2101 91ST STREET, NORTH BERGEN NJ 07047
Jeffrey Kane Weiser officer: Chief Marketing Officer 314 S. GLENROY AVENUE, LOS ANGELES CA 90049