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Forest Laboratories (FRA:FQX) Shiller PE Ratio : 45.03 (As of May. 28, 2024)


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What is Forest Laboratories Shiller PE Ratio?

As of today (2024-05-28), Forest Laboratories's current share price is €72.50. Forest Laboratories's E10 for the quarter that ended in Mar. 2014 was €1.61. Forest Laboratories's Shiller PE Ratio for today is 45.03.

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

FRA:FQX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.17   Med: 16.26   Max: 78.55
Current: 44.64

During the past years, Forest Laboratories's highest Shiller PE Ratio was 78.55. The lowest was 8.17. And the median was 16.26.

FRA:FQX's Shiller PE Ratio is not ranked
in the Drug Manufacturers industry.
Industry Median: 24.13 vs FRA:FQX: 44.64

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.

Forest Laboratories's adjusted earnings per share data for the three months ended in Mar. 2014 was €0.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.61 for the trailing ten years ended in Mar. 2014.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forest Laboratories Shiller PE Ratio Historical Data

The historical data trend for Forest Laboratories'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.

Forest Laboratories Shiller PE Ratio Chart

Forest Laboratories Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.10 12.35 11.99 14.30 41.61

Forest Laboratories Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 14.30 16.27 17.60 26.51 41.61

Competitive Comparison of Forest Laboratories's Shiller PE Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Forest Laboratories'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.


Forest Laboratories's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Forest Laboratories's Shiller PE Ratio distribution charts can be found below:

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



Forest Laboratories 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.

Forest Laboratories's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=72.50/1.61
=45.03

* 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.

Forest Laboratories's E10 for the quarter that ended in Mar. 2014 is calculated as:

For example, Forest Laboratories's adjusted earnings per share data for the three months ended in Mar. 2014 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2014 (Change)*Current CPI (Mar. 2014)
=0.14/99.6945*99.6945
=0.140

Current CPI (Mar. 2014) = 99.6945.

Forest Laboratories Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200406 0.494 80.037 0.615
200409 0.646 80.121 0.804
200412 0.522 80.290 0.648
200503 0.112 81.555 0.137
200506 0.510 82.062 0.620
200509 0.482 83.876 0.573
200512 0.481 83.032 0.578
200603 0.234 84.298 0.277
200606 0.490 85.606 0.571
200609 0.590 85.606 0.687
200612 0.590 85.142 0.691
200703 -0.564 86.640 -0.649
200706 0.618 87.906 0.701
200709 0.510 87.964 0.578
200712 0.660 88.616 0.743
200803 0.356 90.090 0.394
200806 0.508 92.320 0.549
200809 0.558 92.307 0.603
200812 0.459 88.697 0.516
200903 0.234 89.744 0.260
200906 0.621 91.003 0.680
200909 0.418 91.120 0.457
200912 0.473 91.111 0.518
201003 0.055 91.821 0.060
201006 0.319 91.962 0.346
201009 0.763 92.162 0.825
201012 0.839 92.474 0.905
201103 0.798 94.283 0.844
201106 0.625 95.235 0.654
201109 0.662 95.727 0.689
201112 0.790 95.213 0.827
201203 0.544 96.783 0.560
201206 0.167 96.819 0.172
201209 0.062 97.633 0.063
201212 -0.442 96.871 -0.455
201303 0.132 98.209 0.134
201306 0.068 98.518 0.069
201309 0.194 98.790 0.196
201312 0.051 98.326 0.052
201403 0.140 99.695 0.140

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.


Forest Laboratories  (FRA:FQX) 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.


Forest Laboratories Shiller PE Ratio Related Terms

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Forest Laboratories (FRA:FQX) Business Description

Traded in Other Exchanges
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Address
Forest Laboratories, Inc. is a Delaware corporation organized in 1956. The Company develops, manufactures and sells branded forms of ethical drug products most of which require a physician's prescription. The Company's most important United States products are marketed directly, or 'detailed,' to physicians by its salesforces. It emphasizes detailing to physicians of those branded ethical drugs which have the most potential for growth and benefit to patients. The Company also develops and introduces new products, including products developed in collaboration with licensing partners. The Company's products include those developed by it and those acquired from other pharmaceutical companies and integrated into its marketing and distribution systems. It actively promotes in the United States those branded products which have the most potential for growth and patient benefit, and which enable its salesforces to concentrate on groups of physicians who are high prescribers of its products. Such products include: Lexapro, its SSRI for the treatment of major depression in adults and adolescents and GAD in adults; Namenda, its NMDA antagonist for the treatment of moderate and severe Alzheimer's disease; Bystolic, its beta-blocker for the treatment of hypertension; and Savella, its newest product, an SNRI for the management of fibromyalgia. The Company's United Kingdom and Ireland subsidiaries sell both ethical products and over-the-counter preparations. Their most important products include Sudocrem, a topical preparation for the treatment of diaper rash; Colomycin, an antibiotic used in the treatment of cystic fibrosis; Infacol, used to treat infant colic; and Exorex, used in the treatment of eczema and psoriasis. The pharmaceutical industry is subject to comprehensive government regulation which substantially increases the difficulty and cost incurred in obtaining the approval to market newly proposed drug products and maintaining the approval to market existing drugs.

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