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Chemed (Chemed) Shiller PE Ratio

: 43.18 (As of Today)
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As of today (2024-04-19), Chemed's current share price is $600.21. Chemed's E10 for the quarter that ended in Dec. 2023 was $13.90. Chemed's Shiller PE Ratio for today is 43.18.

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

CHE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 22.9   Med: 42.84   Max: 69.84
Current: 43.18

During the past years, Chemed's highest Shiller PE Ratio was 69.84. The lowest was 22.90. And the median was 42.84.

CHE's Shiller PE Ratio is ranked worse than
69.82% of 222 companies
in the Healthcare Providers & Services industry
Industry Median: 24.91 vs CHE: 43.18

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.

Chemed's adjusted earnings per share data for the three months ended in Dec. 2023 was $5.900. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $13.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chemed Shiller PE Ratio Historical Data

The historical data trend for Chemed'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.

Chemed 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 62.42 61.45 50.41 41.69 42.06

Chemed 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 41.69 42.49 41.52 38.42 42.06

Competitive Comparison

For the Medical Care Facilities subindustry, Chemed'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.


Chemed Shiller PE Ratio Distribution

For the Healthcare Providers & Services industry and Healthcare sector, Chemed's Shiller PE Ratio distribution charts can be found below:

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



Chemed 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.

Chemed's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=600.21/13.9
=43.18

* 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.

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

For example, Chemed'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)
=5.9/129.4194*129.4194
=5.900

Current CPI (Dec. 2023) = 129.4194.

Chemed Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.120 99.695 1.454
201406 1.360 100.560 1.750
201409 1.390 100.428 1.791
201412 1.710 99.070 2.234
201503 1.400 99.621 1.819
201506 1.550 100.684 1.992
201509 1.650 100.392 2.127
201512 1.720 99.792 2.231
201603 1.450 100.470 1.868
201606 1.480 101.688 1.884
201609 1.620 101.861 2.058
201612 1.940 101.863 2.465
201703 1.780 102.862 2.240
201706 -1.350 103.349 -1.691
201709 2.130 104.136 2.647
201712 3.250 104.011 4.044
201803 2.660 105.290 3.270
201806 3.270 106.317 3.981
201809 3.060 106.507 3.718
201812 3.260 105.998 3.980
201903 2.700 107.251 3.258
201906 3.080 108.070 3.688
201909 3.560 108.329 4.253
201912 3.960 108.420 4.727
202003 3.380 108.902 4.017
202006 5.010 108.767 5.961
202009 4.140 109.815 4.879
202012 6.960 109.897 8.196
202103 4.010 111.754 4.644
202106 3.510 114.631 3.963
202109 4.550 115.734 5.088
202112 4.810 117.630 5.292
202203 4.220 121.301 4.502
202206 4.400 125.017 4.555
202209 3.780 125.227 3.907
202212 4.130 125.222 4.268
202303 3.580 127.348 3.638
202306 3.510 128.729 3.529
202309 4.930 129.860 4.913
202312 5.900 129.419 5.900

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.


Chemed  (NYSE:CHE) 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.


Chemed Shiller PE Ratio Related Terms

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


Chemed (Chemed) Business Description

Traded in Other Exchanges
Address
255 East Fifth Street, Suite 2600, Cincinnati, OH, USA, 45202-4726
Chemed Corp operates subsidiaries in two main segments: VITAS and Roto-Rooter. The VITAS segment generates the majority of the firm's revenue. It provides hospice and palliative-care services to patients with terminal illnesses through a network of physicians, registered nurses, home health aides, social workers, and volunteers. The vast majority of the segment's revenue is received from the Medicare and Medicaid reimbursement programs. The Roto-Rooter segment provides plumbing, drain cleaning, water restoration, and related services to residential and commercial customers. Chemed generates the majority of its revenue from business in the United States.
Executives
Kevin J Mcnamara director, officer: president & ceo 2500 CHEMED CENTER, 255 EAST FIFTH ST, CINCINNATI OH 45202
Spencer S Lee officer: vice president 2500 CHEMED CENTER, 255 EAST FIFTH ST, CINCINNATI OH 45202
David Patrick Williams officer: Vice President & CFO
Nicholas Michael Westfall officer: Executive Vice President 8035 PEREGRINE LANE, CINCINNATI OH 45243
Patrick P Grace director 1100 PARK AVE, APT 15C, NEW YORK NY 10128
Eileen P Mccarthy director 3515 78TH STREET, #2, JACKSON HEIGHTS NY 11372
Michael D Witzeman officer: vice president and controller 255 E 5TH STREET, SUITE 2600, CINCINNATI OH 45202
Mount John Meredith Jr. director 2906 MABRY ROAD NE, ATLANTA GA 30319
Donald E Saunders director 306 MIANI TRAIL, OXFORD OH 45056
Christopher J Heaney director 101 S. FORT LAUDERDALE BEACH BLVD., APARTMENT 1602, FORT LAUDERDALE FL 33316
Ron Delyons director 2692 MADISON ROAD, SUITE N1-313, CINCINNATI OH 45208
Naomi C Dallob officer: VP and Chief Legal Officer 255 EAST FIFTH STREET, SUITE 2600, CINCINNATI OH 45202
Thomas C Hutton director, officer: vice president ONE ROCKEFELLER PLAZA, STE 1510, NEW YORK NY 10020
Walsh George J Iii director ONE CHASE MANHATTAN PLAZA, NEW YORK NY 10005
Andrea R Lindell director