Stock Analysis on Net

Procter & Gamble Co. (NYSE:PG)

Enterprise Value (EV)

Microsoft Excel

Current Enterprise Value (EV)

Procter & Gamble Co., current enterprise value calculation

Microsoft Excel
Current share price (P) $162.25
No. shares of common stock outstanding 2,353,021,054
US$ in millions
Common equity (market value)1 381,778
Add: Convertible Class A preferred stock, stated value $1 per share (per books) 819
Add: Noncontrolling interest (per books) 288
Total equity 382,885
Add: Debt due within one year (per books) 10,229
Add: Long-term debt, excluding due within one year (per books) 24,378
Total equity and debt 417,492
Less: Cash and cash equivalents 8,246
Less: Available-for-sale investment securities
Enterprise value (EV) 409,246

Based on: 10-K (reporting date: 2023-06-30).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 162.25 × 2,353,021,054


Historical Enterprise Value (EV)

Procter & Gamble Co., EV calculation

Microsoft Excel
Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020 Jun 30, 2019 Jun 30, 2018
Share price1, 2 $155.28 $144.72 $141.41 $132.71 $114.28 $82.64
No. shares of common stock outstanding1 2,357,306,187 2,389,553,883 2,427,424,874 2,486,086,692 2,502,259,668 2,488,011,390
US$ in millions
Common equity (market value)3 366,043 345,816 343,262 329,929 285,958 205,609
Add: Convertible Class A preferred stock, stated value $1 per share (book value) 819 843 870 897 928 967
Add: Noncontrolling interest (book value) 288 265 276 357 385 590
Total equity 367,150 346,924 344,408 331,183 287,271 207,166
Add: Debt due within one year (book value) 10,229 8,645 8,889 11,183 9,697 10,423
Add: Long-term debt, excluding due within one year (book value) 24,378 22,848 23,099 23,537 20,395 20,863
Total equity and debt 401,757 378,417 376,396 365,903 317,363 238,452
Less: Cash and cash equivalents 8,246 7,214 10,288 16,181 4,239 2,569
Less: Available-for-sale investment securities 6,048 9,281
Enterprise value (EV) 393,511 371,203 366,108 349,722 307,076 226,602

Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).

1 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of Procter & Gamble Co. Annual Report.

3 2023 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 155.28 × 2,357,306,187

Item Description The company
EV Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. Procter & Gamble Co. EV increased from 2021 to 2022 and from 2022 to 2023.