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Franklin Resources (BSP:F1RA34) Shiller PE Ratio : 6.72 (As of Nov. 13, 2024)


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What is Franklin Resources Shiller PE Ratio?

As of today (2024-11-13), Franklin Resources's current share price is R$107.58. Franklin Resources's E10 for the quarter that ended in Jun. 2024 was R$16.02. Franklin Resources's Shiller PE Ratio for today is 6.72.

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

BSP:F1RA34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.12   Med: 10.27   Max: 22.51
Current: 7.24

During the past years, Franklin Resources's highest Shiller PE Ratio was 22.51. The lowest was 5.12. And the median was 10.27.

BSP:F1RA34's Shiller PE Ratio is ranked better than
86.16% of 744 companies
in the Asset Management industry
Industry Median: 13.17 vs BSP:F1RA34: 7.24

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.

Franklin Resources's adjusted earnings per share data for the three months ended in Jun. 2024 was R$1.724. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$16.02 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Franklin Resources Shiller PE Ratio Historical Data

The historical data trend for Franklin Resources'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.

Franklin Resources Shiller PE Ratio Chart

Franklin Resources Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.74 9.31 6.47 7.74 -

Franklin Resources 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 7.74 9.64 9.21 7.50 -

Competitive Comparison of Franklin Resources's Shiller PE Ratio

For the Asset Management subindustry, Franklin Resources'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.


Franklin Resources's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Franklin Resources's Shiller PE Ratio distribution charts can be found below:

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



Franklin Resources 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.

Franklin Resources's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=107.58/16.02
=6.72

* 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.

Franklin Resources's E10 for the quarter that ended in Jun. 2024 is calculated as:

For example, Franklin Resources's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.724/132.5538*132.5538
=1.724

Current CPI (Jun. 2024) = 132.5538.

Franklin Resources Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 2.385 100.428 3.148
201412 2.404 99.070 3.217
201503 3.079 99.621 4.097
201506 2.552 100.684 3.360
201509 2.303 100.392 3.041
201512 2.872 99.792 3.815
201603 2.256 100.470 2.976
201606 2.636 101.688 3.436
201609 2.668 101.861 3.472
201612 2.583 101.863 3.361
201703 2.314 102.862 2.982
201706 2.406 103.349 3.086
201709 2.381 104.136 3.031
201712 -3.493 104.011 -4.452
201803 2.558 105.290 3.220
201806 2.828 106.317 3.526
201809 3.944 106.507 4.909
201812 2.097 105.998 2.622
201903 2.765 107.251 3.417
201906 1.851 108.070 2.270
201909 2.513 108.329 3.075
201912 2.873 108.420 3.513
202003 0.782 108.902 0.952
202006 3.009 108.767 3.667
202009 0.810 109.815 0.978
202012 3.447 109.897 4.158
202103 4.170 111.754 4.946
202106 4.325 114.631 5.001
202109 6.863 115.734 7.860
202112 4.976 117.630 5.607
202203 3.384 121.301 3.698
202206 2.524 125.017 2.676
202209 2.412 125.227 2.553
202212 1.679 125.222 1.777
202303 1.979 127.348 2.060
202306 2.136 128.729 2.199
202309 2.864 129.860 2.923
202312 2.450 129.419 2.509
202403 1.145 131.776 1.152
202406 1.724 132.554 1.724

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.


Franklin Resources  (BSP:F1RA34) 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.


Franklin Resources Shiller PE Ratio Related Terms

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


Franklin Resources Business Description

Traded in Other Exchanges
Address
One Franklin Parkway, San Mateo, CA, USA, 94403
Franklin Resources provides investment services for individual and institutional investors. At the end of August 2024, Franklin had $1.681 trillion in managed assets, composed primarily of equity (36%), fixed-income (34%), multi-asset/balanced (10%) funds, alternatives (15%) and money market funds (5%). Distribution tends to be weighted equally between retail investors (52% of AUM) and institutional accounts (46%), with high-net-worth clients accounting for the remainder. Franklin is one of the more global of the US-based asset managers we cover, with 30% of its assets under management invested in global/international strategies and just as much sourced from clients domiciled outside the United States.

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