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As of today (2024-05-11), Varian Medical Systems's current share price is $177.07. Varian Medical Systems's E10 for the quarter that ended in Dec. 2020 was $3.67. Varian Medical Systems's Shiller PE Ratio for today is 48.25.
The historical rank and industry rank for Varian Medical Systems's Shiller PE Ratio or its related term are showing as below:
During the past years, Varian Medical Systems's highest Shiller PE Ratio was 48.42. The lowest was 26.39. And the median was 35.38.
VAR's Shiller PE Ratio is not rankedE10 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.
Varian Medical Systems's adjusted earnings per share data for the three months ended in Dec. 2020 was $1.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.67 for the trailing ten years ended in Dec. 2020.
The historical data trend for Varian Medical Systems'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.
Varian Medical Systems Quarterly Data | ||||||||||||||||||||
Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | |
Shiller PE Ratio | Get a 7-Day Free Trial | 38.68 | 30.19 | 33.15 | 47.14 | 47.65 |
For the Medical Instruments & Supplies subindustry, Varian Medical Systems'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.
For the Medical Devices & Instruments industry and Healthcare sector, Varian Medical Systems's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Varian Medical Systems's Shiller PE Ratio falls into.
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.
Varian Medical Systems's Shiller PE Ratio for today is calculated as
Shiller PE Ratio | = | Share Price | / | E10 |
= | 177.07 | / | 3.67 | |
= | 48.25 |
* 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.
Varian Medical Systems's E10 for the quarter that ended in Dec. 2020 is calculated as:
For example, Varian Medical Systems's adjusted earnings per share data for the three months ended in Dec. 2020 was:
Adj_EPS | = | Earnings per Share (Diluted) | / | CPI of Dec. 2020 (Change) | * | Current CPI (Dec. 2020) |
= | 1.05 | / | 109.8968 | * | 109.8968 | |
= | 1.050 |
Current CPI (Dec. 2020) = 109.8968.
Varian Medical Systems Quarterly Data
Earnings per Share (Diluted) | CPI | Adj_EPS | |
201103 | 0.860 | 94.283 | 1.002 |
201106 | 0.830 | 95.235 | 0.958 |
201109 | 0.870 | 95.727 | 0.999 |
201112 | 0.790 | 95.213 | 0.912 |
201203 | 0.940 | 96.783 | 1.067 |
201206 | 0.960 | 96.819 | 1.090 |
201209 | 1.080 | 97.633 | 1.216 |
201212 | 0.860 | 96.871 | 0.976 |
201303 | 1.020 | 98.209 | 1.141 |
201306 | 1.030 | 98.518 | 1.149 |
201309 | 1.080 | 98.790 | 1.201 |
201312 | 0.910 | 98.326 | 1.017 |
201403 | 0.880 | 99.695 | 0.970 |
201406 | 1.020 | 100.560 | 1.115 |
201409 | 1.020 | 100.428 | 1.116 |
201412 | 0.920 | 99.070 | 1.021 |
201503 | 1.050 | 99.621 | 1.158 |
201506 | 1.130 | 100.684 | 1.233 |
201509 | 0.990 | 100.392 | 1.084 |
201512 | 0.910 | 99.792 | 1.002 |
201603 | 1.010 | 100.470 | 1.105 |
201606 | 1.040 | 101.688 | 1.124 |
201609 | 1.240 | 101.861 | 1.338 |
201612 | 0.150 | 101.863 | 0.162 |
201703 | 0.600 | 102.862 | 0.641 |
201706 | 0.750 | 103.349 | 0.798 |
201709 | 0.890 | 104.136 | 0.939 |
201712 | -1.220 | 104.011 | -1.289 |
201803 | 0.790 | 105.290 | 0.825 |
201806 | 0.790 | 106.317 | 0.817 |
201809 | 1.260 | 106.507 | 1.300 |
201812 | 1.120 | 105.998 | 1.161 |
201903 | 0.960 | 107.251 | 0.984 |
201906 | 0.320 | 108.070 | 0.325 |
201909 | 0.970 | 108.329 | 0.984 |
201912 | 0.960 | 108.420 | 0.973 |
202003 | 0.470 | 108.902 | 0.474 |
202006 | 0.670 | 108.767 | 0.677 |
202009 | 0.830 | 109.815 | 0.831 |
202012 | 1.050 | 109.897 | 1.050 |
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.
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.
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.
Thank you for viewing the detailed overview of Varian Medical Systems's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Jesse Michael Bruff | officer: SVP Finance, CFO | 3100 HANSEN WAY, PALO ALTO CA 94304 |
Magnus Momsen | officer: SVP, CAO, Corporate Controller | VARIAN MEDICAL SYSTEMS INC. 3100 HANSEN WAY MAIL STOP E327 PALO ALTO CA 94304 |
Dow R Wilson | director, officer: President and CEO | VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304 |
Kolleen T Kennedy | officer: Pres. Proton Solutions, CGO | VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304 |
Christopher A. Toth | officer: SVP and Pres. Oncology Systems | 1252 COOLIDGE AVE., SAN JOSE CA 95125 |
Michael Damon Hutchinson | officer: SVP,Chief Legal Officer, Secy | 2825 AIRVIEW BLVD, KALAMAZOO MI 49002 |
Jean Luc Butel | director | ONE BAXTER PARKWAY, DEERFIELD IL 60015 |
John W Kuo | officer: SVP, Gen Counsel and Secretary | VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304 |
Judy Bruner | director | C/O SANDISK CORPORATION, 601 MCCARTHY BLVD., MILPITAS CA 95035 |
Beau Michelle Le | director | 800 N. MICHIGAN AVENUE #3703 CHICAGO IL 60611 |
Anat Ashkenazi | director | LILLY CORPORATE CENTER, INDIANAPOLIS IN 46285 |
Jeffrey R. Balser | director | 3657 RICHLAND AVE., NASHVILLE TN 37205 |
Regina E Dugan | director | VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304 |
David J Illingworth | director | 3100 HANSEN WAY PALO ALTO CA 94304 |
R Andrew Eckert | director | THREE RAVINIA DRIVE, ATLANTA GA 30346 |
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