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Medartis Holding AG (XSWX:MED) E10 : CHF0.19 (As of Dec. 2023)


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What is Medartis Holding AG E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Medartis Holding AG's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was CHF0.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is CHF0.19 for the trailing ten years ended in Dec. 2023.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2024-06-10), Medartis Holding AG's current stock price is CHF 77.20. Medartis Holding AG's E10 for the fiscal year that ended in Dec. 2023 was CHF0.19. Medartis Holding AG's Shiller PE Ratio of today is 406.32.

During the past 10 years, the highest Shiller PE Ratio of Medartis Holding AG was 470.53. The lowest was 364.74. And the median was 406.32.


Medartis Holding AG E10 Historical Data

The historical data trend for Medartis Holding AG's E10 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.

Medartis Holding AG E10 Chart

Medartis Holding AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.19

Medartis Holding AG Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
E10 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 - - - - 0.19

Competitive Comparison of Medartis Holding AG's E10

For the Medical Devices subindustry, Medartis Holding 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.


Medartis Holding AG's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Medartis Holding AG's Shiller PE Ratio falls into.



Medartis Holding AG E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, Medartis Holding AG's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.05/106.4612*106.4612
=0.050

Current CPI (Dec. 2023) = 106.4612.

Medartis Holding AG Annual Data

per_share_eps CPI Adj_EPS
201412 0.000 100.704 0.000
201512 0.619 99.386 0.663
201612 0.282 99.380 0.302
201712 0.074 100.213 0.079
201812 0.400 100.906 0.422
201912 0.180 101.063 0.190
202012 -0.080 100.241 -0.085
202112 0.580 101.776 0.607
202212 -0.490 104.666 -0.498
202312 0.050 106.461 0.050

Add all the adjusted EPS together and divide 10 will get our e10.


Medartis Holding AG  (XSWX:MED) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Medartis Holding AG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=77.20/0.19
=406.32

* 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.

During the past 10 years, the highest Shiller P/E Ratio of Medartis Holding AG was 470.53. The lowest was 364.74. And the median was 406.32.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Medartis Holding AG E10 Related Terms

Thank you for viewing the detailed overview of Medartis Holding AG's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Medartis Holding AG (XSWX:MED) Business Description

Traded in Other Exchanges
Address
Hochbergerstrasse 60E, Basel, CHE, 4057
Medartis Holding AG is a medical device company. The company's product profile is divided into APTUS products and MODUS products. APTUS includes products for Hand, Wrist, Elbow, Shoulder, and Foot. MODUS comprises products for Cranium, Midface, and mandible. Geographically, it derives majority of the revenue from EMEA and also has a presence in APAC; LATAM and North America.