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Exxon Mobil (BSP:EXXO34) Shiller PE Ratio : 22.36 (As of Apr. 27, 2024)


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What is Exxon Mobil Shiller PE Ratio?

As of today (2024-04-27), Exxon Mobil's current share price is R$75.59. Exxon Mobil's E10 for the quarter that ended in Dec. 2023 was R$3.38. Exxon Mobil's Shiller PE Ratio for today is 22.36.

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

BSP:EXXO34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.16   Med: 12.13   Max: 21.91
Current: 21.25

During the past years, Exxon Mobil's highest Shiller PE Ratio was 21.91. The lowest was 5.16. And the median was 12.13.

BSP:EXXO34's Shiller PE Ratio is ranked worse than
58.27% of 417 companies
in the Oil & Gas industry
Industry Median: 17.84 vs BSP:EXXO34: 21.25

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.

Exxon Mobil's adjusted earnings per share data for the three months ended in Dec. 2023 was R$1.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$3.38 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Exxon Mobil Shiller PE Ratio Historical Data

The historical data trend for Exxon Mobil'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.

Exxon Mobil Shiller PE Ratio Chart

Exxon Mobil 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 10.99 7.97 12.14 20.27 18.01

Exxon Mobil Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 20.27 19.80 19.18 20.89 18.01

Competitive Comparison of Exxon Mobil's Shiller PE Ratio

For the Oil & Gas Integrated subindustry, Exxon Mobil'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.


Exxon Mobil's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Exxon Mobil's Shiller PE Ratio distribution charts can be found below:

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



Exxon Mobil 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.

Exxon Mobil's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=75.59/3.38
=22.36

* 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.

Exxon Mobil's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Exxon Mobil's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.17/129.4194*129.4194
=1.170

Current CPI (Dec. 2023) = 129.4194.

Exxon Mobil Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.610 99.695 0.792
201406 0.573 100.560 0.737
201409 0.552 100.428 0.711
201412 0.515 99.070 0.673
201503 0.459 99.621 0.596
201506 0.389 100.684 0.500
201509 0.493 100.392 0.636
201512 0.325 99.792 0.421
201603 0.199 100.470 0.256
201606 0.175 101.688 0.223
201609 0.256 101.861 0.325
201612 0.172 101.863 0.219
201703 0.371 102.862 0.467
201706 0.321 103.349 0.402
201709 0.364 104.136 0.452
201712 0.811 104.011 1.009
201803 0.447 105.290 0.549
201806 0.434 106.317 0.528
201809 0.750 106.507 0.911
201812 0.684 105.998 0.835
201903 0.264 107.251 0.319
201906 0.352 108.070 0.422
201909 0.386 108.329 0.461
201912 0.682 108.420 0.814
202003 -0.086 108.902 -0.102
202006 -0.169 108.767 -0.201
202009 -0.101 109.815 -0.119
202012 -3.023 109.897 -3.560
202103 0.451 111.754 0.522
202106 0.691 114.631 0.780
202109 1.036 115.734 1.159
202112 1.470 117.630 1.617
202203 0.796 121.301 0.849
202206 2.656 125.017 2.750
202209 3.068 125.227 3.171
202212 2.026 125.222 2.094
202303 1.816 127.348 1.846
202306 1.177 128.729 1.183
202309 1.389 129.860 1.384
202312 1.170 129.419 1.170

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.


Exxon Mobil  (BSP:EXXO34) 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.


Exxon Mobil Shiller PE Ratio Related Terms

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


Exxon Mobil (BSP:EXXO34) Business Description

Address
5959 Las Colinas Boulevard, Irving, TX, USA, 75039-2298
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 2.4 million barrels of liquids and 8.3 billion cubic feet of natural gas per day. At the end of 2022, reserves were 17.7 billion barrels of oil equivalent, 65% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.6 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.

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