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Sonic Healthcare (Sonic Healthcare) Shiller PE Ratio : 15.56 (As of May. 05, 2024)


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What is Sonic Healthcare Shiller PE Ratio?

As of today (2024-05-05), Sonic Healthcare's current share price is $17.27. Sonic Healthcare's E10 for the fiscal year that ended in Jun23 was $1.11. Sonic Healthcare's Shiller PE Ratio for today is 15.56.

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

SKHHY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.71   Med: 26.09   Max: 37.01
Current: 15.71

During the past 13 years, Sonic Healthcare's highest Shiller PE Ratio was 37.01. The lowest was 15.71. And the median was 26.09.

SKHHY's Shiller PE Ratio is ranked better than
73.68% of 76 companies
in the Medical Diagnostics & Research industry
Industry Median: 27.985 vs SKHHY: 15.71

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.

Sonic Healthcare's adjusted earnings per share data of for the fiscal year that ended in Jun23 was $0.973. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.11 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sonic Healthcare Shiller PE Ratio Historical Data

The historical data trend for Sonic Healthcare'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.

Sonic Healthcare Shiller PE Ratio Chart

Sonic Healthcare Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.66 29.43 30.56 21.51 21.39

Sonic Healthcare 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 - 21.51 - 21.39 -

Competitive Comparison of Sonic Healthcare's Shiller PE Ratio

For the Diagnostics & Research subindustry, Sonic Healthcare'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.


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

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

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



Sonic Healthcare 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.

Sonic Healthcare's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=17.27/1.11
=15.56

* 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.

Sonic Healthcare's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, Sonic Healthcare's adjusted earnings per share data for the fiscal year that ended in Jun23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.973/124.1700*124.1700
=0.973

Current CPI (Jun23) = 124.1700.

Sonic Healthcare Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.894 98.352 1.129
201506 0.664 99.838 0.826
201606 0.809 100.859 0.996
201706 0.772 102.809 0.932
201806 0.841 104.945 0.995
201906 0.848 106.617 0.988
202006 0.763 106.246 0.892
202106 2.088 110.332 2.350
202206 2.126 117.112 2.254
202306 0.973 124.170 0.973

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.


Sonic Healthcare  (OTCPK:SKHHY) 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.


Sonic Healthcare Shiller PE Ratio Related Terms

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Sonic Healthcare (Sonic Healthcare) Business Description

Traded in Other Exchanges
Address
225 George Street, Level 22, Grosvenor Place, Sydney, NSW, AUS, 2000
Sonic Healthcare is a global pathology provider. It is the largest private operator in Australia, Germany, Switzerland and the U.K., the second largest in Belgium and New Zealand and the third largest in the U.S. In addition to pathology, which contributes roughly 85% of group revenue, Sonic is the second largest player in diagnostic imaging in Australia and the largest operator of medical centers in Australia. The company typically earns about 40% of group revenue in Australia and New Zealand, 25% in the U.S. and 35% in Europe.

Sonic Healthcare (Sonic Healthcare) Headlines