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Viatris (WBO:MYL) Shiller PE Ratio : 14.79 (As of May. 02, 2024)


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What is Viatris Shiller PE Ratio?

As of today (2024-05-02), Viatris's current share price is €10.795. Viatris's E10 for the quarter that ended in Dec. 2023 was €0.73. Viatris's Shiller PE Ratio for today is 14.79.

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

WBO:MYL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.87   Med: 25.66   Max: 173.66
Current: 14.34

During the past years, Viatris's highest Shiller PE Ratio was 173.66. The lowest was 8.87. And the median was 25.66.

WBO:MYL's Shiller PE Ratio is ranked better than
77.82% of 532 companies
in the Drug Manufacturers industry
Industry Median: 24.96 vs WBO:MYL: 14.34

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.

Viatris's adjusted earnings per share data for the three months ended in Dec. 2023 was €-0.587. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.73 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Viatris Shiller PE Ratio Historical Data

The historical data trend for Viatris'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.

Viatris Shiller PE Ratio Chart

Viatris 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 15.48 16.63 14.31 11.34 13.35

Viatris 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 11.34 9.79 10.45 10.52 13.35

Competitive Comparison of Viatris's Shiller PE Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Viatris'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.


Viatris's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Viatris's Shiller PE Ratio distribution charts can be found below:

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



Viatris 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.

Viatris's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=10.795/0.73
=14.79

* 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.

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

For example, Viatris'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)
=-0.587/129.4194*129.4194
=-0.587

Current CPI (Dec. 2023) = 129.4194.

Viatris Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.210 99.695 0.273
201406 0.236 100.560 0.304
201409 0.978 100.428 1.260
201412 0.381 99.070 0.498
201503 0.120 99.621 0.156
201506 0.285 100.684 0.366
201509 0.740 100.392 0.954
201512 0.349 99.792 0.453
201603 0.027 100.470 0.035
201606 0.294 101.688 0.374
201609 -0.205 101.861 -0.260
201612 0.739 101.863 0.939
201703 0.112 102.862 0.141
201706 0.490 103.349 0.614
201709 0.134 104.136 0.167
201712 0.389 104.011 0.484
201803 0.138 105.290 0.170
201806 0.060 106.317 0.073
201809 0.291 106.507 0.354
201812 0.088 105.998 0.107
201903 -0.044 107.251 -0.053
201906 -0.292 108.070 -0.350
201909 0.336 108.329 0.401
201912 0.036 108.420 0.043
202003 0.036 108.902 0.043
202006 0.071 108.767 0.084
202009 0.306 109.815 0.361
202012 -1.307 109.897 -1.539
202103 -0.722 111.754 -0.836
202106 -0.191 114.631 -0.216
202109 0.221 115.734 0.247
202112 -0.195 117.630 -0.215
202203 0.300 121.301 0.320
202206 0.246 125.017 0.255
202209 0.293 125.227 0.303
202212 0.784 125.222 0.810
202303 0.177 127.348 0.180
202306 0.203 128.729 0.204
202309 0.253 129.860 0.252
202312 -0.587 129.419 -0.587

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.


Viatris  (WBO:MYL) 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.


Viatris Shiller PE Ratio Related Terms

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


Viatris (WBO:MYL) Business Description

Traded in Other Exchanges
Address
1000 Mylan Boulevard, Canonsburg, PA, USA, 15317
Viatris was formed in November 2020 through the combination of Upjohn, a wholly owned subsidiary of Pfizer that specialized in off-patent drugs, and Mylan, a global pharmaceutical manufacturer that focused on generic and specialty drugs. By joining forces, Viatris became one of the largest generic drug manufacturers in the world, servicing over 165 countries. Generics (commoditized and complex) and biosimilars make up roughly 40% of Viatris' total sales. Remaining 60% of sales is derived from its portfolio of legacy products which includes Lipitor, Norvasc, Lyrica, and Viagra. While it covers more than 10 major therapeutic areas, Viatris has identified dermatology, ophthalmology, and gastroenterology as its three key areas of focus for future innovations.

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