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Fresenius Medical Care AG (BSP:FMSC34) Shiller PE Ratio : 9.92 (As of Jun. 08, 2024)


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What is Fresenius Medical Care AG Shiller PE Ratio?

As of today (2024-06-08), Fresenius Medical Care AG's current share price is R$110.00. Fresenius Medical Care AG's E10 for the quarter that ended in Mar. 2024 was R$11.09. Fresenius Medical Care AG's Shiller PE Ratio for today is 9.92.

The historical rank and industry rank for Fresenius Medical Care AG's Shiller PE Ratio or its related term are showing as below:

BSP:FMSC34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.3   Med: 20.78   Max: 34.72
Current: 9.55

During the past years, Fresenius Medical Care AG's highest Shiller PE Ratio was 34.72. The lowest was 6.30. And the median was 20.78.

BSP:FMSC34's Shiller PE Ratio is ranked better than
85.41% of 233 companies
in the Healthcare Providers & Services industry
Industry Median: 24.65 vs BSP:FMSC34: 9.55

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.

Fresenius Medical Care AG's adjusted earnings per share data for the three months ended in Mar. 2024 was R$1.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$11.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fresenius Medical Care AG Shiller PE Ratio Historical Data

The historical data trend for Fresenius Medical Care AG'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.

Fresenius Medical Care AG Shiller PE Ratio Chart

Fresenius Medical Care AG 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 17.99 18.10 14.39 7.33 9.13

Fresenius Medical Care AG 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 9.23 10.36 9.71 9.13 8.56

Competitive Comparison of Fresenius Medical Care AG's Shiller PE Ratio

For the Medical Care Facilities subindustry, Fresenius Medical Care AG'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.


Fresenius Medical Care AG's Shiller PE Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Fresenius Medical Care AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fresenius Medical Care AG's Shiller PE Ratio falls into.



Fresenius Medical Care AG 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.

Fresenius Medical Care AG's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=110.00/11.09
=9.92

* 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.

Fresenius Medical Care AG's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Fresenius Medical Care AG'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)
=1.31/125.0381*125.0381
=1.310

Current CPI (Mar. 2024) = 125.0381.

Fresenius Medical Care AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.715 99.543 2.154
201409 2.113 99.823 2.647
201412 2.974 99.543 3.736
201503 2.166 99.717 2.716
201506 2.460 100.417 3.063
201509 3.348 100.417 4.169
201512 4.021 99.717 5.042
201603 2.883 100.017 3.604
201606 3.308 100.717 4.107
201609 3.615 101.017 4.475
201612 4.272 101.217 5.277
201703 3.345 101.417 4.124
201706 3.221 102.117 3.944
201709 3.771 102.717 4.590
201712 4.991 102.617 6.081
201803 3.679 102.917 4.470
201806 14.229 104.017 17.105
201809 4.459 104.718 5.324
201812 6.097 104.217 7.315
201903 3.819 104.217 4.582
201906 3.660 105.718 4.329
201909 4.991 106.018 5.886
201912 5.199 105.818 6.143
202003 5.129 105.718 6.066
202006 7.011 106.618 8.222
202009 7.696 105.818 9.094
202012 3.818 105.518 4.524
202103 5.702 107.518 6.631
202106 4.544 108.486 5.237
202109 5.776 109.435 6.600
202112 4.984 110.384 5.646
202203 2.960 113.968 3.248
202206 2.668 115.760 2.882
202209 4.050 118.818 4.262
202212 2.612 119.345 2.737
202303 1.617 122.402 1.652
202306 2.509 123.140 2.548
202309 1.529 124.195 1.539
202312 3.420 123.773 3.455
202403 1.310 125.038 1.310

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.


Fresenius Medical Care AG  (BSP:FMSC34) 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.


Fresenius Medical Care AG Shiller PE Ratio Related Terms

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Fresenius Medical Care AG (BSP:FMSC34) Business Description

Address
Else-Kroener-Strasse 1, Bad Homburg, HE, DEU, 61352
Fresenius Medical Care is the largest dialysis company in the world, treating about 345,000 patients from over 4,100 clinics across the globe as of December 2022. In addition to providing dialysis services, the firm is a leading supplier of dialysis products, including machines, dialyzers, and concentrates. Fresenius accounts for about 35% of the global dialysis products market and benefits from being the world's only fully integrated dialysis business. Services account for roughly 80% of firmwide revenue, including care coordination and ancillary operations, while products account for the other roughly 20%. Products typically enjoy a higher margin, making them a strong contributor to the bottom line.

Fresenius Medical Care AG (BSP:FMSC34) Headlines

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