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Broadridge Financial Solutions (BSP:B1RF34) Shiller PE Ratio : 45.87 (As of May. 17, 2024)


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What is Broadridge Financial Solutions Shiller PE Ratio?

As of today (2024-05-17), Broadridge Financial Solutions's current share price is R$247.68. Broadridge Financial Solutions's E10 for the quarter that ended in Mar. 2024 was R$5.40. Broadridge Financial Solutions's Shiller PE Ratio for today is 45.87.

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

BSP:B1RF34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 30.19   Med: 45.77   Max: 63.76
Current: 46.18

During the past years, Broadridge Financial Solutions's highest Shiller PE Ratio was 63.76. The lowest was 30.19. And the median was 45.77.

BSP:B1RF34's Shiller PE Ratio is ranked worse than
68.27% of 917 companies
in the Software industry
Industry Median: 30.82 vs BSP:B1RF34: 46.18

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 Mar. 2024 was R$2.228. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$5.40 for the trailing ten years ended in Mar. 2024.

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
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 36.67 39.72 42.27 48.40 46.80

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
=247.68/5.4
=45.87

* 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 Mar. 2024 is calculated as:

For example, Broadridge Financial Solutions'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)
=2.228/131.7762*131.7762
=2.228

Current CPI (Mar. 2024) = 131.7762.

Broadridge Financial Solutions Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.632 100.560 0.828
201409 0.152 100.428 0.199
201412 0.185 99.070 0.246
201503 0.338 99.621 0.447
201506 1.050 100.684 1.374
201509 0.273 100.392 0.358
201512 0.320 99.792 0.423
201603 0.481 100.470 0.631
201606 1.198 101.688 1.552
201609 0.228 101.861 0.295
201612 0.210 101.863 0.272
201703 0.493 102.862 0.632
201706 1.293 103.349 1.649
201709 0.329 104.136 0.416
201712 0.428 104.011 0.542
201803 0.738 105.290 0.924
201806 1.622 106.317 2.010
201809 0.657 106.507 0.813
201812 0.408 105.998 0.507
201903 1.392 107.251 1.710
201906 1.494 108.070 1.822
201909 0.494 108.329 0.601
201912 0.092 108.420 0.112
202003 1.747 108.902 2.114
202006 2.555 108.767 3.095
202009 0.756 109.815 0.907
202012 0.617 109.897 0.740
202103 1.972 111.754 2.325
202106 2.766 114.631 3.180
202109 0.752 115.734 0.856
202112 0.565 117.630 0.633
202203 1.854 121.301 2.014
202206 2.637 125.017 2.780
202209 0.551 125.227 0.580
202212 0.629 125.222 0.662
202303 2.175 127.348 2.251
202306 3.301 128.729 3.379
202309 0.938 129.860 0.952
202312 0.723 129.419 0.736
202403 2.228 131.776 2.228

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  (BSP:B1RF34) 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

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


Broadridge Financial Solutions (BSP:B1RF34) 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.

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