GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Teleflex Inc (NYSE:TFX) » Definitions » Shiller PE Ratio

Teleflex (Teleflex) Shiller PE Ratio

: 27.80 (As of Today)
View and export this data going back to 1994. Start your Free Trial

As of today (2024-04-19), Teleflex's current share price is $207.38. Teleflex's E10 for the quarter that ended in Dec. 2023 was $7.46. Teleflex's Shiller PE Ratio for today is 27.80.

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

TFX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.84   Med: 41.71   Max: 92.06
Current: 27.81

During the past years, Teleflex's highest Shiller PE Ratio was 92.06. The lowest was 20.84. And the median was 41.71.

TFX's Shiller PE Ratio is ranked worse than
50.72% of 276 companies
in the Medical Devices & Instruments industry
Industry Median: 27.415 vs TFX: 27.81

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.

Teleflex's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.660. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $7.46 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teleflex Shiller PE Ratio Historical Data

The historical data trend for Teleflex'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.

Teleflex Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 81.37 85.63 63.07 36.05 33.43

Teleflex 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 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 Premium Member Only Premium Member Only Premium Member Only 36.05 35.57 33.13 26.12 33.43

Competitive Comparison

For the Medical Instruments & Supplies subindustry, Teleflex'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.


Teleflex Shiller PE Ratio Distribution

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

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



Teleflex 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.

Teleflex's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=207.38/7.46
=27.80

* 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.

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

For example, Teleflex'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)
=0.66/129.4194*129.4194
=0.660

Current CPI (Dec. 2023) = 129.4194.

Teleflex Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.760 99.695 0.987
201406 1.020 100.560 1.313
201409 1.180 100.428 1.521
201412 1.080 99.070 1.411
201503 0.810 99.621 1.052
201506 0.930 100.684 1.195
201509 1.250 100.392 1.611
201512 2.090 99.792 2.710
201603 1.040 100.470 1.340
201606 1.260 101.688 1.604
201609 1.400 101.861 1.779
201612 1.300 101.863 1.652
201703 0.860 102.862 1.082
201706 1.670 103.349 2.091
201709 1.650 104.136 2.051
201712 -0.950 104.011 -1.182
201803 1.200 105.290 1.475
201806 -0.050 106.317 -0.061
201809 1.210 106.507 1.470
201812 1.930 105.998 2.356
201903 0.870 107.251 1.050
201906 1.770 108.070 2.120
201909 4.850 108.329 5.794
201912 2.290 108.420 2.734
202003 2.780 108.902 3.304
202006 0.240 108.767 0.286
202009 2.460 109.815 2.899
202012 1.610 109.897 1.896
202103 1.580 111.754 1.830
202106 1.760 114.631 1.987
202109 4.200 115.734 4.697
202112 2.700 117.630 2.971
202203 1.630 121.301 1.739
202206 2.230 125.017 2.309
202209 2.160 125.227 2.232
202212 1.660 125.222 1.716
202303 1.620 127.348 1.646
202306 2.350 128.729 2.363
202309 2.900 129.860 2.890
202312 0.660 129.419 0.660

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.


Teleflex  (NYSE:TFX) 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.


Teleflex Shiller PE Ratio Related Terms

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


Teleflex (Teleflex) Business Description

Traded in Other Exchanges
Address
550 East Swedesford Road, Suite 400, Wayne, PA, USA, 19087
Teleflex is a Wayne, Pennsylvania-based manufacturer of hospital supplies and medical devices primarily in the bloodstream/vascular and surgical areas. The firm reports results across seven segments: vascular access (24% of 2022 sales), interventional (16%), anesthesia (14%), surgical (14%), interventional urology (12%), original-equipment manufacturing (10%), and all other (10%). Geographic exposure for the business is primarily in the U.S., which accounts for 60% of revenue, with international markets making up the remainder.
Executives
Liam Kelly officer: EVP & President, International IDA BUSINESS AND TECHNOLOGY PARK, DUBLIN ROAD, ATHLONE L2 00000
Thomas E Powell officer: Senior Vice President & CFO C/O TOMOTHERAPY INCORPORATED, 1240 DEMING WAY, MADISON WI 53717
Stuart A Randle director 585 WEST 500 SOUTH, BOUNTIFUL UT 84010
Jaewon Ryu director 950 N. GLEBE ROAD, SUITE 700, ARLINGTON VA 22203
Neena M Patil director JAZZ PHARMACEUTICALS, 3170 PORTER DRIVE, PALO ALTO CA 94304
Andrew A Krakauer director CANTEL MEDICAL CORP., 150 CLOVE ROAD, 9TH FLOOR, LITTLE FALLS NJ 07424
Cameron P Hicks officer: Vice President, Global HR 550 E. SWEDESFORD ROAD, SUITE 400, WAYNE PA 19087
Klasko Stephen K. M.d. director 155 SOUTH LIMERICK ROAD, LIMERICK PA 19468
Jay White officer: VP & Pres, Global Commercial 3015 CARRINGTON MILL BLVD., MORRISVILLE NC 27560
Daniel V. Logue officer: VP, Gen Counsel & Secretary 550 E. SWEDESFORD ROAD, SUITE 400, WAYNE PA 19087
John Deren officer: VP & Chief Accounting Officer 550 E. SWEDESFORD ROAD, SUITE 400, WAYNE PA 19087
James J Leyden officer: VP, General Counsel, Secretary C/O INFRASOURCE SERVICES, INC, 500 WEST DUTTON MILL ROAD, ASTON PA 19014
James Winters officer: Vice President, Mfg and Supply 550 E. SWEDESFORD ROAD, SUITE 400, WAYNE PA 19087
Mario Wijker officer: Vice President, QARA 550 E. SWEDESFORD ROAD, SUITE 400, WAYNE PA 19087
Benson Smith director C/O ROCHESTER MEDICAL INC, ONE ROCHESTER MEDICAL DDRIVE, STEWARTVILLE MN 55976

Teleflex (Teleflex) Headlines