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Western Digital (Western Digital) Shiller PE Ratio

: 52.11 (As of Today)
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As of today (2024-04-19), Western Digital's current share price is $67.22. Western Digital's E10 for the quarter that ended in Dec. 2023 was $1.29. Western Digital's Shiller PE Ratio for today is 52.11.

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

WDC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.64   Med: 17.88   Max: 56.67
Current: 52.11

During the past years, Western Digital's highest Shiller PE Ratio was 56.67. The lowest was 7.64. And the median was 17.88.

WDC's Shiller PE Ratio is ranked worse than
81.09% of 1354 companies
in the Hardware industry
Industry Median: 23.6 vs WDC: 52.11

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.

Western Digital's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.930. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.29 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Western Digital Shiller PE Ratio Historical Data

The historical data trend for Western Digital'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.

Western Digital Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.38 14.36 22.79 14.65 18.19

Western Digital 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 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 Premium Member Only Premium Member Only Premium Member Only 12.67 17.58 18.19 28.21 40.72

Competitive Comparison

For the Computer Hardware subindustry, Western Digital'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.


Western Digital Shiller PE Ratio Distribution

For the Hardware industry and Technology sector, Western Digital's Shiller PE Ratio distribution charts can be found below:

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



Western Digital 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.

Western Digital's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=67.22/1.29
=52.11

* 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.

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

For example, Western Digital'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)
=-0.93/129.4194*129.4194
=-0.930

Current CPI (Dec. 2023) = 129.4194.

Western Digital Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.550 99.695 2.012
201406 1.320 100.560 1.699
201409 1.760 100.428 2.268
201412 1.840 99.070 2.404
201503 1.630 99.621 2.118
201506 0.940 100.684 1.208
201509 1.210 100.392 1.560
201512 1.070 99.792 1.388
201603 0.320 100.470 0.412
201606 -1.340 101.688 -1.705
201609 -1.280 101.861 -1.626
201612 0.800 101.863 1.016
201703 0.830 102.862 1.044
201706 0.930 103.349 1.165
201709 2.230 104.136 2.771
201712 -2.780 104.011 -3.459
201803 0.200 105.290 0.246
201806 2.460 106.317 2.995
201809 1.710 106.507 2.078
201812 -1.680 105.998 -2.051
201903 -1.990 107.251 -2.401
201906 -0.670 108.070 -0.802
201909 -0.930 108.329 -1.111
201912 -0.470 108.420 -0.561
202003 0.060 108.902 0.071
202006 0.490 108.767 0.583
202009 -0.200 109.815 -0.236
202012 0.200 109.897 0.236
202103 0.630 111.754 0.730
202106 1.970 114.631 2.224
202109 1.930 115.734 2.158
202112 1.790 117.630 1.969
202203 0.080 121.301 0.085
202206 0.950 125.017 0.983
202209 0.080 125.227 0.083
202212 -1.420 125.222 -1.468
202303 -1.820 127.348 -1.850
202306 -2.270 128.729 -2.282
202309 -2.170 129.860 -2.163
202312 -0.930 129.419 -0.930

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.


Western Digital  (NAS:WDC) 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.


Western Digital Shiller PE Ratio Related Terms

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


Western Digital (Western Digital) Business Description

Address
5601 Great Oaks Parkway, San Jose, CA, USA, 95119
Western Digital is a leading vertically integrated supplier of data storage solutions, spanning both hard disk drives and solid-state drives. In the HDD market it forms a practical duopoly with Seagate, and it is the largest global producer of NAND flash chips for SSDs in a joint venture with competitor Kioxia.
Executives
Robert Soderbery officer: EVP & GM, Flash Business C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Gene M. Zamiska officer: Principal Accounting Officer C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Reed B Rayman director 6775 LENOX CENTER COURT, SUITE 400, MEMPHIS TN 38115
David Goeckeler director, officer: Chief Executive Officer C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Wissam G Jabre officer: EVP & CFO C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Paula A Price director ONE CVS DRIVE, WOONSOCKET RI 02895
Miyuki Suzuki director C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Thomas Caulfield director C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Lori S Sundberg officer: EVP & Chief Human Res Officer 400 NORTH FIFTH STREET, PHOENIX AZ 85004
Michael Charles Ray officer: Sr. VP, Gen Cnsl & Secretary C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Sean Hunkler officer: EVP, Global Operations C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Michael D Cordano officer: President, HGST Subsidiary C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Stephen D Milligan officer: Sr. V.P. & CFO C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Matthew E Massengill director, officer: Chairman and CEO C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Robert K Eulau officer: EVP & CFO 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119