SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'ShillerPE' Baxter International (FRA:BTL) Shiller PE Ratio
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Baxter International Inc (FRA:BTL) » Definitions » Shiller PE Ratio

Baxter International (FRA:BTL) Shiller PE Ratio

: 12.50 (As of Today)
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As of today (2024-04-18), Baxter International's current share price is €37.125. Baxter International's E10 for the quarter that ended in Dec. 2023 was €2.97. Baxter International's Shiller PE Ratio for today is 12.50.

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

FRA:BTL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.56   Med: 14.89   Max: 24.01
Current: 12.03

During the past years, Baxter International's highest Shiller PE Ratio was 24.01. The lowest was 9.56. And the median was 14.89.

FRA:BTL's Shiller PE Ratio is ranked better than
82.55% of 275 companies
in the Medical Devices & Instruments industry
Industry Median: 27.53 vs FRA:BTL: 12.03

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.

Baxter International's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.440. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.97 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Baxter International Shiller PE Ratio Historical Data

The historical data trend for Baxter International'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.

Baxter International 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 21.57 20.79 21.96 16.23 11.76

Baxter International 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 16.23 13.20 15.51 11.34 11.76

Competitive Comparison

For the Medical Instruments & Supplies subindustry, Baxter International'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.


Baxter International Shiller PE Ratio Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Baxter International's Shiller PE Ratio distribution charts can be found below:

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



Baxter International 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.

Baxter International's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=37.125/2.97
=12.50

* 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.

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

For example, Baxter International'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)
=0.44/129.4194*129.4194
=0.440

Current CPI (Dec. 2023) = 129.4194.

Baxter International Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.730 99.695 0.948
201406 0.699 100.560 0.900
201409 0.667 100.428 0.860
201412 1.411 99.070 1.843
201503 0.721 99.621 0.937
201506 0.535 100.684 0.688
201509 0.002 100.392 0.003
201512 0.340 99.792 0.441
201603 5.496 100.470 7.080
201606 1.949 101.688 2.481
201609 0.214 101.861 0.272
201612 0.436 101.863 0.554
201703 0.458 102.862 0.576
201706 0.427 103.349 0.535
201709 0.378 104.136 0.470
201712 -0.110 104.011 -0.137
201803 0.576 105.290 0.708
201806 0.539 106.317 0.656
201809 0.814 106.507 0.989
201812 0.571 105.998 0.697
201903 0.584 107.251 0.705
201906 0.531 108.070 0.636
201909 0.645 108.329 0.771
201912 -0.036 108.420 -0.043
202003 0.579 108.902 0.688
202006 0.426 108.767 0.507
202009 0.586 109.815 0.691
202012 0.271 109.897 0.319
202103 0.487 111.754 0.564
202106 0.490 114.631 0.553
202109 0.757 115.734 0.847
202112 0.416 117.630 0.458
202203 0.127 121.301 0.135
202206 0.473 125.017 0.490
202209 -5.888 125.227 -6.085
202212 0.340 125.222 0.351
202303 0.084 127.348 0.085
202306 -0.258 128.729 -0.259
202309 4.619 129.860 4.603
202312 0.440 129.419 0.440

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.


Baxter International  (FRA:BTL) 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.


Baxter International Shiller PE Ratio Related Terms

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


Baxter International (FRA:BTL) Business Description

Traded in Other Exchanges
Address
One Baxter Parkway, Deerfield, IL, USA, 60015
Baxter offers a variety of medical instruments and supplies to caregivers. It enhanced its portfolio of hospital-focused offerings by acquiring Hillrom in late 2021, which added basic equipment, including hospital beds, to the portfolio, although about half of Hillrom's revenue comes from more digitally connected offerings like its smart beds and Voalte medical communications app. From its legacy operations, Baxter offers tools to help patients with acute and chronic kidney failure, which it plans to spin off by mid-2024. It also sells a variety of injectable therapies for use in care settings, such as IV pumps, administrative sets, and solutions; nutritional products; and surgical sealants and hemostatic agents.

Baxter International (FRA:BTL) Headlines

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