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AT&T (T) Shiller PE Ratio : 10.78 (As of Oct. 31, 2024)


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What is AT&T Shiller PE Ratio?

As of today (2024-10-31), AT&T's current share price is $22.54. AT&T's E10 for the quarter that ended in Sep. 2024 was $2.09. AT&T's Shiller PE Ratio for today is 10.78.

The historical rank and industry rank for AT&T's Shiller PE Ratio or its related term are showing as below:

T' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.75   Med: 9.74   Max: 14.71
Current: 10.78

During the past years, AT&T's highest Shiller PE Ratio was 14.71. The lowest was 5.75. And the median was 9.74.

T's Shiller PE Ratio is ranked better than
70.75% of 212 companies
in the Telecommunication Services industry
Industry Median: 15.22 vs T: 10.78

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.

AT&T's adjusted earnings per share data for the three months ended in Sep. 2024 was $-0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.09 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AT&T Shiller PE Ratio Historical Data

The historical data trend for AT&T'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.

AT&T Shiller PE Ratio Chart

AT&T 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 11.48 10.18 7.49 7.78 7.64

AT&T Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6.40 7.64 8.04 8.84 10.54

Competitive Comparison of AT&T's Shiller PE Ratio

For the Telecom Services subindustry, AT&T'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.


AT&T's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, AT&T's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where AT&T's Shiller PE Ratio falls into.



AT&T 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.

AT&T's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=22.54/2.09
=10.78

* 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.

AT&T's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, AT&T's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.03/133.0289*133.0289
=-0.030

Current CPI (Sep. 2024) = 133.0289.

AT&T Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 -0.770 99.070 -1.034
201503 0.630 99.621 0.841
201506 0.590 100.684 0.780
201509 0.500 100.392 0.663
201512 0.650 99.792 0.866
201603 0.610 100.470 0.808
201606 0.550 101.688 0.720
201609 0.540 101.861 0.705
201612 0.390 101.863 0.509
201703 0.560 102.862 0.724
201706 0.630 103.349 0.811
201709 0.490 104.136 0.626
201712 3.080 104.011 3.939
201803 0.750 105.290 0.948
201806 0.810 106.317 1.014
201809 0.650 106.507 0.812
201812 0.660 105.998 0.828
201903 0.560 107.251 0.695
201906 0.510 108.070 0.628
201909 0.500 108.329 0.614
201912 0.330 108.420 0.405
202003 0.630 108.902 0.770
202006 0.170 108.767 0.208
202009 0.390 109.815 0.472
202012 -1.950 109.897 -2.360
202103 1.020 111.754 1.214
202106 0.210 114.631 0.244
202109 0.800 115.734 0.920
202112 0.690 117.630 0.780
202203 0.650 121.301 0.713
202206 0.560 125.017 0.596
202209 0.800 125.227 0.850
202212 -3.200 125.222 -3.400
202303 0.570 127.348 0.595
202306 0.610 128.729 0.630
202309 0.480 129.860 0.492
202312 0.300 129.419 0.308
202403 0.470 131.776 0.474
202406 0.490 132.554 0.492
202409 -0.030 133.029 -0.030

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.


AT&T  (NYSE:T) 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.


AT&T Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of AT&T's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


AT&T Business Description

Address
208 S. Akard Street, Dallas, TX, USA, 75202
The wireless business contributes nearly 70% of AT&T's revenue. The firm is the third-largest US wireless carrier, connecting 72 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which account for about 16% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 11% of revenue, primarily consist of broadband internet access, serving 14 million customers. AT&T also has a sizable presence in Mexico, with 23 million customers, but this business only accounts for 4% of revenue. The firm still holds a 70% equity stake in satellite television provider DirecTV but does not consolidate this business in its financial statements.
Executives
Sanders S Sabrina officer: SVP-ChiefActngOfcr&Controller 208 S. AKARD ST., 29TH FLOOR, DALLAS TX 75202
Debra L. Dial officer: SVP-ChiefActngOfcr&Controller 208 S. AKARD, 29TH FLOOR, DALLAS TX 75202
Jeremy Alan Legg officer: Chief Technology Officer 208 S. AKARD STREET, DALLAS TX 75202
Kenny Kellyn Smith officer: Chief Marketing & Growth Ofcr 208 S. AKARD ST, 29TH FLOOR, DALLAS TX 75202
Edward W Gillespie officer: SrEVP-Ext & Legal Affairs 208 S. AKARD, DALLAS TX 75202
Angela Santone officer: Sr. Exec VP-Human Resources 208 S. AKARD ST, DALLAS TX 75202
Jeffery S. Mcelfresh officer: CEO, AT&T Communications, LLC 208 S. AKARD, 29TH FLOOR, DALLAS TX 75202
Mcatee David R Ii officer: Sr. Exec. VP and Gen. Counsel 208 S. AKARD, 29TH FLOOR, DALLAS TX 75202
David S. Huntley officer: SEVP&Chief Compliance Officer 208 S. AKARD, ROOM 2900;07, DALLAS TX 75202
Lori M Lee officer: CEO-AT&T LatAm&GlobalMktgOfcr 208 S. AKARD ST., 29TH FLOOR, DALLAS TX 75202
Pascal Desroches officer: Sr. Exec VP and CFO AT&T INC., 208 S AKARD STREET, DALLAS TX 75202
Stephen J Luczo director
Luis A Ubinas director 209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065-1175
John T Stankey officer: Sr. Exec. VP and CIO 208 S. AKARD ST., 29TH FLOOR, DALLAS TX 75202
Jason Kilar officer: CEO, Warner Media, LLC 208 S. AKARD ST, DALLAS TX 75202