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Chemed (FRA:CXM) Shiller PE Ratio : 40.29 (As of May. 11, 2024)


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What is Chemed Shiller PE Ratio?

As of today (2024-05-11), Chemed's current share price is €525.00. Chemed's E10 for the quarter that ended in Mar. 2024 was €13.03. Chemed's Shiller PE Ratio for today is 40.29.

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

FRA:CXM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 23.48   Med: 42.82   Max: 69.84
Current: 40.48

During the past years, Chemed's highest Shiller PE Ratio was 69.84. The lowest was 23.48. And the median was 42.82.

FRA:CXM's Shiller PE Ratio is ranked worse than
66.23% of 228 companies
in the Healthcare Providers & Services industry
Industry Median: 24.98 vs FRA:CXM: 40.48

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.

Chemed's adjusted earnings per share data for the three months ended in Mar. 2024 was €3.901. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €13.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chemed Shiller PE Ratio Historical Data

The historical data trend for Chemed'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.

Chemed Shiller PE Ratio Chart

Chemed 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 62.42 61.45 50.41 41.69 42.06

Chemed 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 42.49 41.52 38.42 42.06 45.26

Competitive Comparison of Chemed's Shiller PE Ratio

For the Medical Care Facilities subindustry, Chemed'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.


Chemed's Shiller PE Ratio Distribution in the Healthcare Providers & Services Industry

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

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



Chemed 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.

Chemed's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=525.00/13.03
=40.29

* 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.

Chemed's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Chemed'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)
=3.901/129.4194*129.4194
=3.901

Current CPI (Mar. 2024) = 129.4194.

Chemed Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.001 100.560 1.288
201409 1.079 100.428 1.390
201412 1.387 99.070 1.812
201503 1.294 99.621 1.681
201506 1.381 100.684 1.775
201509 1.470 100.392 1.895
201512 1.579 99.792 2.048
201603 1.302 100.470 1.677
201606 1.317 101.688 1.676
201609 1.443 101.861 1.833
201612 1.839 101.863 2.337
201703 1.664 102.862 2.094
201706 -1.202 103.349 -1.505
201709 1.787 104.136 2.221
201712 2.746 104.011 3.417
201803 2.157 105.290 2.651
201806 2.799 106.317 3.407
201809 2.622 106.507 3.186
201812 2.866 105.998 3.499
201903 2.390 107.251 2.884
201906 2.726 108.070 3.265
201909 3.232 108.329 3.861
201912 3.564 108.420 4.254
202003 3.059 108.902 3.635
202006 4.449 108.767 5.294
202009 3.515 109.815 4.143
202012 5.721 109.897 6.737
202103 3.368 111.754 3.900
202106 2.913 114.631 3.289
202109 3.868 115.734 4.325
202112 4.257 117.630 4.684
202203 3.832 121.301 4.088
202206 4.162 125.017 4.309
202209 3.818 125.227 3.946
202212 3.899 125.222 4.030
202303 3.344 127.348 3.398
202306 3.240 128.729 3.257
202309 4.619 129.860 4.603
202312 5.410 129.419 5.410
202403 3.901 129.419 3.901

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.


Chemed  (FRA:CXM) 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.


Chemed Shiller PE Ratio Related Terms

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


Chemed (FRA:CXM) Business Description

Traded in Other Exchanges
Address
255 East Fifth Street, Suite 2600, Cincinnati, OH, USA, 45202-4726
Chemed Corp operates subsidiaries in two main segments: VITAS and Roto-Rooter. The VITAS segment generates the majority of the firm's revenue. It provides hospice and palliative-care services to patients with terminal illnesses through a network of physicians, registered nurses, home health aides, social workers, and volunteers. The vast majority of the segment's revenue is received from the Medicare and Medicaid reimbursement programs. The Roto-Rooter segment provides plumbing, drain cleaning, water restoration, and related services to residential and commercial customers. Chemed generates the majority of its revenue from business in the United States.