Shutterstock, Inc. (SSTK)

Services-Computer Processing & Data Preparation

Latest Price

$4.87

TTM P/E

Normalized P/E

9.12

Div Yield

21.56%

Book Value

10.07

P/B Ratio

0.48

Valuation metrics

EPS: $1.25

Book value / share: $16.35

Formula: √(22.5 × EPS × BVPS)

Graham Number

$21.45

+340% upside

Norm. op. income: $75M (median of 7yr)

Tax rate: 19%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$18.78

+286% upside

Base FCF: $119M (median of recent 5yr)

Growth: 5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$59.09

+1113% upside

EPS: $1.25

Target P/E: 9×

Formula: EPS × P/E

P/E Fair Value

$11.25

+131% upside

53.9% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	2.66M	$37.0M	7.23%	-1.94M	2026-06-30
LSV ASSET MANAGEMENT	1.65M	$23.0M	4.49%	-13.1K	2026-06-30
Callodine Capital Management, LP	1.25M	$17.0M	3.39%	-22.8K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	1.14M	$15.0M	3.09%	+58.7K	2026-06-30
ALPINE ASSOCIATES MANAGEMENT INC.	1.14M	$15.0M	3.09%	-4.4K	2026-06-30
DIMENSIONAL FUND ADVISORS LP	1.01M	$14.0M	2.75%	+953	2026-06-30
Invenomic Capital Management LP	822.7K	$11.0M	2.24%	-36.9K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	799.3K	$11.0M	2.17%	+71.5K	2026-06-30
RICE HALL JAMES & ASSOCIATES, LLC	757.8K	$10.0M	2.06%	+24.2K	2026-06-30
STATE STREET CORP	756.2K	$10.0M	2.05%	-308.3K	2026-06-30