GURUFOCUS.COM » STOCK LIST » Technology » Software » VeriSign Inc (BSP:VRSN34) » Definitions » Shiller PE Ratio

VeriSign (BSP:VRSN34) Shiller PE Ratio : 31.80 (As of May. 16, 2024)


View and export this data going back to 2019. Start your Free Trial

What is VeriSign Shiller PE Ratio?

As of today (2024-05-16), VeriSign's current share price is R$252.50. VeriSign's E10 for the quarter that ended in Mar. 2024 was R$7.94. VeriSign's Shiller PE Ratio for today is 31.80.

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

BSP:VRSN34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 28.24   Med: 45.68   Max: 64.04
Current: 28.39

During the past years, VeriSign's highest Shiller PE Ratio was 64.04. The lowest was 28.24. And the median was 45.68.

BSP:VRSN34's Shiller PE Ratio is ranked better than
54.53% of 917 companies
in the Software industry
Industry Median: 30.85 vs BSP:VRSN34: 28.39

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.

VeriSign's adjusted earnings per share data for the three months ended in Mar. 2024 was R$2.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$7.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


VeriSign Shiller PE Ratio Historical Data

The historical data trend for VeriSign'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.

VeriSign Shiller PE Ratio Chart

VeriSign 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 53.45 57.04 54.39 38.44 35.18

VeriSign 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 38.16 39.61 34.51 35.18 31.78

Competitive Comparison of VeriSign's Shiller PE Ratio

For the Software - Infrastructure subindustry, VeriSign'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.


VeriSign's Shiller PE Ratio Distribution in the Software Industry

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

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



VeriSign 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.

VeriSign's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=252.50/7.94
=31.80

* 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.

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

For example, VeriSign'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)
=2.39/131.7762*131.7762
=2.390

Current CPI (Mar. 2024) = 131.7762.

VeriSign Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.397 100.560 0.520
201409 0.403 100.428 0.529
201412 0.317 99.070 0.422
201503 0.518 99.621 0.685
201506 0.545 100.684 0.713
201509 0.683 100.392 0.897
201512 0.737 99.792 0.973
201603 0.758 100.470 0.994
201606 0.745 101.688 0.965
201609 0.732 101.861 0.947
201612 0.704 101.863 0.911
201703 0.735 102.862 0.942
201706 0.816 103.349 1.040
201709 0.728 104.136 0.921
201712 0.684 104.011 0.867
201803 0.894 105.290 1.119
201806 0.980 106.317 1.215
201809 1.161 106.507 1.436
201812 1.456 105.998 1.810
201903 1.296 107.251 1.592
201906 1.195 108.070 1.457
201909 1.339 108.329 1.629
201912 1.293 108.420 1.572
202003 3.494 108.902 4.228
202006 1.712 108.767 2.074
202009 2.011 109.815 2.413
202012 1.775 109.897 2.128
202103 1.874 111.754 2.210
202106 1.647 114.631 1.893
202109 1.848 115.734 2.104
202112 4.199 117.630 4.704
202203 1.779 121.301 1.933
202206 1.943 125.017 2.048
202209 2.071 125.227 2.179
202212 2.229 125.222 2.346
202303 2.214 127.348 2.291
202306 2.172 128.729 2.223
202309 2.259 129.860 2.292
202312 3.185 129.419 3.243
202403 2.390 131.776 2.390

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.


VeriSign  (BSP:VRSN34) 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.


VeriSign Shiller PE Ratio Related Terms

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


VeriSign (BSP:VRSN34) Business Description

Traded in Other Exchanges
Address
12061 Bluemont Way, Reston, VA, USA, 20190
Verisign is the sole authorized registry for several generic top-level domains, including the widely utilized .com and .net top-level domains. The company operates critical internet infrastructure to support the domain name system, including operating two of the world's 13 root servers that are used to route internet traffic. In 2018, the firm sold off its Security Services business, signalling a renewed focus on the core registry business.

VeriSign (BSP:VRSN34) Headlines

No Headlines