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Consolidated Edison (STU:EDC) Shiller PE Ratio : 18.87 (As of May. 11, 2024)


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What is Consolidated Edison Shiller PE Ratio?

As of today (2024-05-11), Consolidated Edison's current share price is €91.14. Consolidated Edison's E10 for the quarter that ended in Mar. 2024 was €4.83. Consolidated Edison's Shiller PE Ratio for today is 18.87.

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

STU:EDC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.33   Med: 18.13   Max: 22.06
Current: 18.59

During the past years, Consolidated Edison's highest Shiller PE Ratio was 22.06. The lowest was 14.33. And the median was 18.13.

STU:EDC's Shiller PE Ratio is ranked worse than
60.1% of 391 companies
in the Utilities - Regulated industry
Industry Median: 16.1 vs STU:EDC: 18.59

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.

Consolidated Edison's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.914. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €4.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Consolidated Edison Shiller PE Ratio Historical Data

The historical data trend for Consolidated Edison'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.

Consolidated Edison Shiller PE Ratio Chart

Consolidated Edison 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 21.05 16.91 18.84 19.87 17.47

Consolidated Edison 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 18.40 17.24 16.34 17.47 17.27

Competitive Comparison of Consolidated Edison's Shiller PE Ratio

For the Utilities - Regulated Electric subindustry, Consolidated Edison'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.


Consolidated Edison's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Consolidated Edison's Shiller PE Ratio distribution charts can be found below:

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



Consolidated Edison 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.

Consolidated Edison's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=91.14/4.83
=18.87

* 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.

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

For example, Consolidated Edison'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)
=1.914/129.4194*129.4194
=1.914

Current CPI (Mar. 2024) = 129.4194.

Consolidated Edison Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.530 100.560 0.682
201409 1.148 100.428 1.479
201412 0.227 99.070 0.297
201503 1.164 99.621 1.512
201506 0.659 100.684 0.847
201509 1.292 100.392 1.666
201512 0.551 99.792 0.715
201603 0.943 100.470 1.215
201606 0.685 101.688 0.872
201609 1.443 101.861 1.833
201612 0.635 101.863 0.807
201703 1.187 102.862 1.493
201706 0.507 103.349 0.635
201709 1.242 104.136 1.544
201712 1.369 104.011 1.703
201803 1.111 105.290 1.366
201806 0.514 106.317 0.626
201809 1.191 106.507 1.447
201812 0.923 105.998 1.127
201903 1.159 107.251 1.399
201906 0.407 108.070 0.487
201909 1.289 108.329 1.540
201912 0.792 108.420 0.945
202003 1.014 108.902 1.205
202006 0.506 108.767 0.602
202009 1.248 109.815 1.471
202012 0.107 109.897 0.126
202103 1.025 111.754 1.187
202106 0.398 114.631 0.449
202109 1.292 115.734 1.445
202112 0.558 117.630 0.614
202203 1.544 121.301 1.647
202206 0.681 125.017 0.705
202209 1.737 125.227 1.795
202212 0.500 125.222 0.517
202303 3.783 127.348 3.845
202306 0.600 128.729 0.603
202309 1.424 129.860 1.419
202312 0.889 129.419 0.889
202403 1.914 129.419 1.914

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.


Consolidated Edison  (STU:EDC) 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.


Consolidated Edison Shiller PE Ratio Related Terms

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Consolidated Edison (STU:EDC) Business Description

Traded in Other Exchanges
Address
4 Irving Place, Room 700, New York, NY, USA, 10003
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities generate nearly all of Con Ed's earnings following the sale of its clean energy business to RWE in early 2023.

Consolidated Edison (STU:EDC) Headlines