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Broadridge Financial Solutions (FRA:5B9) Shiller PE Ratio : 46.88 (As of May. 03, 2024)


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What is Broadridge Financial Solutions Shiller PE Ratio?

As of today (2024-05-03), Broadridge Financial Solutions's current share price is €180.00. Broadridge Financial Solutions's E10 for the quarter that ended in Dec. 2023 was €3.84. Broadridge Financial Solutions's Shiller PE Ratio for today is 46.88.

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

FRA:5B9' s Shiller PE Ratio Range Over the Past 10 Years
Min: 30.19   Med: 45.88   Max: 63.76
Current: 45.5

During the past years, Broadridge Financial Solutions's highest Shiller PE Ratio was 63.76. The lowest was 30.19. And the median was 45.88.

FRA:5B9's Shiller PE Ratio is ranked worse than
68.61% of 911 companies
in the Software industry
Industry Median: 31.22 vs FRA:5B9: 45.50

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.

Broadridge Financial Solutions's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.541. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Broadridge Financial Solutions Shiller PE Ratio Historical Data

The historical data trend for Broadridge Financial Solutions'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.

Broadridge Financial Solutions Shiller PE Ratio Chart

Broadridge Financial Solutions Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.78 47.27 51.70 38.02 39.72

Broadridge Financial Solutions 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 35.19 36.67 39.72 42.27 48.40

Competitive Comparison of Broadridge Financial Solutions's Shiller PE Ratio

For the Information Technology Services subindustry, Broadridge Financial Solutions'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.


Broadridge Financial Solutions's Shiller PE Ratio Distribution in the Software Industry

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

* The bar in red indicates where Broadridge Financial Solutions's Shiller PE Ratio falls into.



Broadridge Financial Solutions 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.

Broadridge Financial Solutions's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=180.00/3.84
=46.88

* 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.

Broadridge Financial Solutions's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Broadridge Financial Solutions'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)
=0.541/129.4194*129.4194
=0.541

Current CPI (Dec. 2023) = 129.4194.

Broadridge Financial Solutions Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.296 99.695 0.384
201406 0.832 100.560 1.071
201409 0.202 100.428 0.260
201412 0.227 99.070 0.297
201503 0.397 99.621 0.516
201506 1.203 100.684 1.546
201509 0.249 100.392 0.321
201512 0.303 99.792 0.393
201603 0.467 100.470 0.602
201606 1.246 101.688 1.586
201609 0.249 101.861 0.316
201612 0.237 101.863 0.301
201703 0.589 102.862 0.741
201706 1.397 103.349 1.749
201709 0.352 104.136 0.437
201712 0.439 104.011 0.546
201803 0.730 105.290 0.897
201806 1.472 106.317 1.792
201809 0.548 106.507 0.666
201812 0.369 105.998 0.451
201903 1.283 107.251 1.548
201906 1.372 108.070 1.643
201909 0.436 108.329 0.521
201912 0.081 108.420 0.097
202003 1.294 108.902 1.538
202006 1.749 108.767 2.081
202009 0.475 109.815 0.560
202012 0.395 109.897 0.465
202103 1.176 111.754 1.362
202106 1.826 114.631 2.062
202109 0.485 115.734 0.542
202112 0.354 117.630 0.389
202203 1.353 121.301 1.444
202206 1.977 125.017 2.047
202209 0.424 125.227 0.438
202212 0.453 125.222 0.468
202303 1.560 127.348 1.585
202306 2.511 128.729 2.524
202309 0.712 129.860 0.710
202312 0.541 129.419 0.541

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.


Broadridge Financial Solutions  (FRA:5B9) 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.


Broadridge Financial Solutions Shiller PE Ratio Related Terms

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Broadridge Financial Solutions (FRA:5B9) Business Description

Traded in Other Exchanges
Address
5 Dakota Drive, Suite 300, Lake Success, NY, USA, 11042
Broadridge Financial Solutions, which was spun off from ADP in 2007, is a leading provider of investor communications and technology-driven solutions to banks, broker/dealers, asset managers, wealth managers, and corporate issuers. Broadridge is composed of two segments: investor communication solutions, or ICS, and global technology and operations, or GTO.

Broadridge Financial Solutions (FRA:5B9) Headlines

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