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Invitae (FRA:IV8) Shiller PE Ratio : (As of Jun. 02, 2024)


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What is Invitae Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Invitae Shiller PE Ratio Historical Data

The historical data trend for Invitae'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.

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Invitae Shiller PE Ratio Chart

Invitae Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
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Invitae Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Invitae's Shiller PE Ratio

For the Diagnostics & Research subindustry, Invitae'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.


Invitae's Shiller PE Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Invitae's Shiller PE Ratio distribution charts can be found below:

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



Invitae 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.

Invitae's E10 for the quarter that ended in Sep. 2023 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-3.205/129.8595*129.8595
=-3.205

Current CPI (Sep. 2023) = 129.8595.

Invitae Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 -0.399 98.326 -0.527
201403 -0.439 99.695 -0.572
201406 -0.521 100.560 -0.673
201409 -0.658 100.428 -0.851
201412 -0.417 99.070 -0.547
201503 -1.007 99.621 -1.313
201506 -0.677 100.684 -0.873
201509 -0.633 100.392 -0.819
201512 -0.698 99.792 -0.908
201603 -0.718 100.470 -0.928
201606 -0.685 101.688 -0.875
201609 -0.686 101.861 -0.875
201612 -0.654 101.863 -0.834
201703 -0.598 102.862 -0.755
201706 -0.587 103.349 -0.738
201709 -0.478 104.136 -0.596
201712 -0.659 104.011 -0.823
201803 -0.535 105.290 -0.660
201806 -0.402 106.317 -0.491
201809 -0.386 106.507 -0.471
201812 -0.352 105.998 -0.431
201903 -0.416 107.251 -0.504
201906 -0.478 108.070 -0.574
201909 -0.745 108.329 -0.893
201912 -0.711 108.420 -0.852
202003 -0.896 108.902 -1.068
202006 -1.146 108.767 -1.368
202009 -0.662 109.815 -0.783
202012 -1.101 109.897 -1.301
202103 -0.470 111.754 -0.546
202106 0.440 114.631 0.498
202109 -0.774 115.734 -0.868
202112 -0.797 117.630 -0.880
202203 -0.726 121.301 -0.777
202206 -10.283 125.017 -10.681
202209 -1.283 125.227 -1.330
202212 -0.387 125.222 -0.401
202303 -0.719 127.348 -0.733
202306 -0.720 128.729 -0.726
202309 -3.205 129.860 -3.205

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.


Invitae  (FRA:IV8) 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.


Invitae Shiller PE Ratio Related Terms

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Invitae (FRA:IV8) Business Description

Traded in Other Exchanges
Address
1400 16th Street, San Francisco, CA, USA, 94103
Invitae Corp operates as a genetic information company in diagnostic and research industry. The company's tests include multiple genes associated with hereditary cancer, neurological disorders, cardiovascular disorders, pediatric disorders, metabolic disorders and other hereditary conditions.

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