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Eurofins Scientific SE (Eurofins Scientific SE) Shiller PE Ratio : 30.83 (As of Apr. 24, 2024)


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What is Eurofins Scientific SE Shiller PE Ratio?

As of today (2024-04-24), Eurofins Scientific SE's current share price is $61.05. Eurofins Scientific SE's E10 for the fiscal year that ended in Dec23 was $1.98. Eurofins Scientific SE's Shiller PE Ratio for today is 30.83.

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

ERFSF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 28.04   Med: 115.14   Max: 187.48
Current: 30.83

During the past 13 years, Eurofins Scientific SE's highest Shiller PE Ratio was 187.48. The lowest was 28.04. And the median was 115.14.

ERFSF's Shiller PE Ratio is ranked worse than
57.69% of 78 companies
in the Medical Diagnostics & Research industry
Industry Median: 27.43 vs ERFSF: 30.83

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.

Eurofins Scientific SE's adjusted earnings per share data of for the fiscal year that ended in Dec23 was $1.712. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.98 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eurofins Scientific SE Shiller PE Ratio Historical Data

The historical data trend for Eurofins Scientific SE'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.

Eurofins Scientific SE Shiller PE Ratio Chart

Eurofins Scientific SE 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 76.82 75.42 83.35 40.84 32.48

Eurofins Scientific SE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 83.35 - 40.84 - 32.48

Competitive Comparison of Eurofins Scientific SE's Shiller PE Ratio

For the Diagnostics & Research subindustry, Eurofins Scientific SE'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.


Eurofins Scientific SE's Shiller PE Ratio Distribution in the Medical Diagnostics & Research Industry

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

* The bar in red indicates where Eurofins Scientific SE's Shiller PE Ratio falls into.



Eurofins Scientific SE 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.

Eurofins Scientific SE's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=61.05/1.98
=30.83

* 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.

Eurofins Scientific SE's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Eurofins Scientific SE's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.712/121.1700*121.1700
=1.712

Current CPI (Dec23) = 121.1700.

Eurofins Scientific SE Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.607 98.830 0.744
201512 0.585 99.910 0.709
201612 0.861 101.040 1.033
201712 1.180 102.410 1.396
201812 1.392 104.320 1.617
201912 1.167 106.080 1.333
202012 3.345 106.670 3.800
202112 4.407 111.090 4.807
202212 3.252 117.060 3.366
202312 1.712 121.170 1.712

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.


Eurofins Scientific SE  (OTCPK:ERFSF) 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.


Eurofins Scientific SE Shiller PE Ratio Related Terms

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Eurofins Scientific SE (Eurofins Scientific SE) Business Description

Traded in Other Exchanges
Address
23 Val Fleuri, Luxembourg, LUX, L-1526
Eurofins, headquartered in Luxembourg, is a decentralized network of life sciences companies that provide various analytical tests and laboratory services. These include tests to evaluate the safety, identity, composition, authenticity, purity, origin, and traceability of various biological substances and products. Eurofins operates over 900 laboratories in 61 countries. Its revenue from Europe, North America, and the Rest of the World contribute approximately 50%, 40%, and 10% of total revenue respectively. Its main business activities are food and environmental testing, biopharmaceutical services, diagnostic services and products, and consumer and technology products testing, which contribute approximately 40%, 30%, 20%, and 10% respectively.