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Hologic (FRA:HO1) Shiller PE Ratio : 29.96 (As of May. 01, 2024)


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What is Hologic Shiller PE Ratio?

As of today (2024-05-01), Hologic's current share price is €71.00. Hologic's E10 for the quarter that ended in Dec. 2023 was €2.37. Hologic's Shiller PE Ratio for today is 29.96.

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

FRA:HO1' s Shiller PE Ratio Range Over the Past 10 Years
Min: 25.53   Med: 54.73   Max: 905.33
Current: 28.59

During the past years, Hologic's highest Shiller PE Ratio was 905.33. The lowest was 25.53. And the median was 54.73.

FRA:HO1's Shiller PE Ratio is ranked worse than
51.99% of 277 companies
in the Medical Devices & Instruments industry
Industry Median: 27.86 vs FRA:HO1: 28.59

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.

Hologic's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.945. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.37 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hologic Shiller PE Ratio Historical Data

The historical data trend for Hologic'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.

Hologic Shiller PE Ratio Chart

Hologic Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 173.53 68.71 37.35 27.19

Hologic Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 41.54 41.53 41.45 27.19 26.97

Competitive Comparison of Hologic's Shiller PE Ratio

For the Medical Instruments & Supplies subindustry, Hologic'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.


Hologic's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Hologic's Shiller PE Ratio distribution charts can be found below:

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



Hologic 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.

Hologic's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=71.00/2.37
=29.96

* 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.

Hologic's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Hologic's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.945/129.4194*129.4194
=0.945

Current CPI (Dec. 2023) = 129.4194.

Hologic Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.043 99.695 -0.056
201406 0.029 100.560 0.037
201409 0.078 100.428 0.101
201412 0.081 99.070 0.106
201503 0.157 99.621 0.204
201506 0.089 100.684 0.114
201509 0.080 100.392 0.103
201512 0.266 99.792 0.345
201603 0.216 100.470 0.278
201606 0.267 101.688 0.340
201609 0.294 101.861 0.374
201612 0.284 101.863 0.361
201703 1.720 102.862 2.164
201706 0.187 103.349 0.234
201709 0.243 104.136 0.302
201712 1.225 104.011 1.524
201803 -1.995 105.290 -2.452
201806 0.351 106.317 0.427
201809 0.154 106.507 0.187
201812 0.316 105.998 0.386
201903 -0.894 107.251 -1.079
201906 0.310 108.070 0.371
201909 0.136 108.329 0.162
201912 1.287 108.420 1.536
202003 0.326 108.902 0.387
202006 0.471 108.767 0.560
202009 1.596 109.815 1.881
202012 2.055 109.897 2.420
202103 1.999 111.754 2.315
202106 0.863 114.631 0.974
202109 1.088 115.734 1.217
202112 1.726 117.630 1.899
202203 1.634 121.301 1.743
202206 0.851 125.017 0.881
202209 0.475 125.227 0.491
202212 0.708 125.222 0.732
202303 0.813 127.348 0.826
202306 -0.148 128.729 -0.149
202309 0.347 129.860 0.346
202312 0.945 129.419 0.945

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.


Hologic  (FRA:HO1) 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.


Hologic Shiller PE Ratio Related Terms

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Hologic (FRA:HO1) Business Description

Traded in Other Exchanges
Address
250 Campus Drive, Marlborough, MA, USA, 01752
Hologic manufactures proprietary products for the healthcare needs of women. The company operates in five segments: diagnostics (60% of total sales, boosted by pandemic), breast health (14% of sales, suppressed by pandemic), surgical (11%), and skeletal health (1%). While the company traditionally focused on breast health, the acquisition of Gen-Probe put greater emphasis on commercial diagnostics. The United States accounts for the largest portion of the firm's revenue (69%), followed by Europe (20%), Asia (8%), and other international markets (3%). Hologic is headquartered in Bedford, Massachusetts.

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