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Intuitive Surgical (Intuitive Surgical) Shiller PE Ratio : 103.31 (As of Apr. 25, 2024)


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What is Intuitive Surgical Shiller PE Ratio?

As of today (2024-04-25), Intuitive Surgical's current share price is $375.01. Intuitive Surgical's E10 for the quarter that ended in Mar. 2024 was $3.63. Intuitive Surgical's Shiller PE Ratio for today is 103.31.

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

ISRG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 44.08   Med: 81.25   Max: 136.36
Current: 103.31

During the past years, Intuitive Surgical's highest Shiller PE Ratio was 136.36. The lowest was 44.08. And the median was 81.25.

ISRG's Shiller PE Ratio is ranked worse than
93.09% of 275 companies
in the Medical Devices & Instruments industry
Industry Median: 27.09 vs ISRG: 103.31

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.

Intuitive Surgical's adjusted earnings per share data for the three months ended in Mar. 2024 was $1.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Intuitive Surgical Shiller PE Ratio Historical Data

The historical data trend for Intuitive Surgical'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.

Intuitive Surgical Shiller PE Ratio Chart

Intuitive Surgical Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.27 116.83 127.97 84.79 96.53

Intuitive Surgical Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 79.42 103.21 85.97 96.53 109.96

Competitive Comparison of Intuitive Surgical's Shiller PE Ratio

For the Medical Instruments & Supplies subindustry, Intuitive Surgical'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.


Intuitive Surgical's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

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

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



Intuitive Surgical 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.

Intuitive Surgical's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=375.01/3.63
=103.31

* 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.

Intuitive Surgical's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Intuitive Surgical's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.51/129.4194*129.4194
=1.510

Current CPI (Mar. 2024) = 129.4194.

Intuitive Surgical Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.308 100.560 0.396
201409 0.372 100.428 0.479
201412 0.437 99.070 0.571
201503 0.286 99.621 0.372
201506 0.396 100.684 0.509
201509 0.489 100.392 0.630
201512 0.554 99.792 0.718
201603 0.393 100.470 0.506
201606 0.523 101.688 0.666
201609 0.590 101.861 0.750
201612 0.570 101.863 0.724
201703 0.523 102.862 0.658
201706 0.647 103.349 0.810
201709 0.853 104.136 1.060
201712 -0.117 104.011 -0.146
201803 0.813 105.290 0.999
201806 0.717 106.317 0.873
201809 0.817 106.507 0.993
201812 0.817 105.998 0.998
201903 0.853 107.251 1.029
201906 0.890 108.070 1.066
201909 1.110 108.329 1.326
201912 0.997 108.420 1.190
202003 0.873 108.902 1.037
202006 0.190 108.767 0.226
202009 0.870 109.815 1.025
202012 1.007 109.897 1.186
202103 1.170 111.754 1.355
202106 1.420 114.631 1.603
202109 1.040 115.734 1.163
202112 1.040 117.630 1.144
202203 1.000 121.301 1.067
202206 0.850 125.017 0.880
202209 0.900 125.227 0.930
202212 0.910 125.222 0.941
202303 1.000 127.348 1.016
202306 1.180 128.729 1.186
202309 1.160 129.860 1.156
202312 1.690 129.419 1.690
202403 1.510 129.419 1.510

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.


Intuitive Surgical  (NAS:ISRG) 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.


Intuitive Surgical Shiller PE Ratio Related Terms

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


Intuitive Surgical (Intuitive Surgical) Business Description

Address
1020 Kifer Road, Sunnyvale, CA, USA, 94086-5304
Intuitive Surgical develops, produces, and markets a robotic system for assisting minimally invasive surgery. It also provides the instrumentation, disposable accessories, and warranty services for the system. The company has placed more than 8,000 da Vinci systems in hospitals worldwide, with nearly 5,000 installations in the U.S. and a growing number in emerging markets.
Executives
Alan J Levy director C/O INTUITIVE SURGICAL INC, 1266 KIFER RD, SUNNYVALE CA 94086
Robert Desantis officer: Executive VP & GM IA&E C/O INTUITIVE SURGICAL, INC., 1020 KIFER ROAD, SUNNYVALE CA 94086
Sreelakshmi Kolli director C/O ALIGN TECHNOLOGY INC., 2820 ORCHARD PARKWAY, SAN JOSE CA 94131
Gary S Guthart director, officer: President & CEO, other: President & CEO C/O INTUITIVE SURGICAL INC, 1266 KIFER RD, SUNNYVALE CA 94086
Amy L Ladd director INTUITIVE SURGICAL, INC, 1020 KIFER RD, SUNNYVALE CA 94086
Craig H Barratt director
Marshall Mohr officer: SVP & CFO C/O INTUITIVE SURGICAL, INC, 1266 KIFER ROAD, SUNNYVALE CA 94086
Mark J Rubash director
David J. Rosa officer: Sr VP Emerging Procedures & Te 1266 KIFER ROAD, SUNNYVALE CA 94086
Fredrik Widman officer: VP Corporate Controller 1020 KIFER ROAD, 1020 KIFER ROAD, SUNNYVALE CA 94086
Myriam Curet officer: SVP & Chief Medical Officer, other: SVP & Chief Medical Officer 1020 KIFER ROAD, SUNNYVALE CA 94086
Michele Dimartino officer: See Remarks 1020 KIFER ROAD, SUNNYVALE CA 94086
Amal M Johnson director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085
Gary Loeb officer: General Counsel & CCO 5885 HOLLIS ST., SUITE 100, EMERYVILLE CA 94608
Henry L Charlton officer: Senior Vice President & Chief 1020 KIFER ROAD, 1020 KIFER ROAD, SUNNYVALE CA 94086