GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Exactech Inc (NAS:EXAC) » Definitions » Shiller PE Ratio

Exactech (Exactech) Shiller PE Ratio : 54.72 (As of Apr. 26, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Exactech Shiller PE Ratio?

As of today (2024-04-26), Exactech's current share price is $49.25. Exactech's E10 for the quarter that ended in Sep. 2017 was $0.90. Exactech's Shiller PE Ratio for today is 54.72.

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

EXAC's Shiller PE Ratio is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 27.11
* Ranked among companies with meaningful Shiller PE Ratio only.

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.

Exactech's adjusted earnings per share data for the three months ended in Sep. 2017 was $0.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.90 for the trailing ten years ended in Sep. 2017.

Shiller PE for Stocks: The True Measure of Stock Valuation


Exactech Shiller PE Ratio Historical Data

The historical data trend for Exactech'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.

Exactech Shiller PE Ratio Chart

Exactech Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.72 28.71 26.92 19.73 31.87

Exactech Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 28.02 31.87 28.70 33.23 36.25

Competitive Comparison of Exactech's Shiller PE Ratio

For the Medical Devices subindustry, Exactech'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.


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

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

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



Exactech 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.

Exactech's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=49.25/0.9
=54.72

* 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.

Exactech's E10 for the quarter that ended in Sep. 2017 is calculated as:

For example, Exactech's adjusted earnings per share data for the three months ended in Sep. 2017 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2017 (Change)*Current CPI (Sep. 2017)
=0.2/104.1356*104.1356
=0.200

Current CPI (Sep. 2017) = 104.1356.

Exactech Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200712 0.230 88.616 0.270
200803 0.230 90.090 0.266
200806 0.240 92.320 0.271
200809 0.160 92.307 0.181
200812 0.240 88.697 0.282
200903 0.190 89.744 0.220
200906 0.200 91.003 0.229
200909 0.210 91.120 0.240
200912 0.040 91.111 0.046
201003 0.250 91.821 0.284
201006 0.230 91.962 0.260
201009 0.110 92.162 0.124
201012 0.210 92.474 0.236
201103 0.220 94.283 0.243
201106 0.210 95.235 0.230
201109 0.100 95.727 0.109
201112 0.130 95.213 0.142
201203 0.250 96.783 0.269
201206 0.230 96.819 0.247
201209 0.190 97.633 0.203
201212 0.290 96.871 0.312
201303 0.290 98.209 0.307
201306 0.270 98.518 0.285
201309 0.230 98.790 0.242
201312 0.330 98.326 0.349
201403 0.300 99.695 0.313
201406 0.300 100.560 0.311
201409 0.210 100.428 0.218
201412 0.370 99.070 0.389
201503 0.290 99.621 0.303
201506 0.260 100.684 0.269
201509 0.200 100.392 0.207
201512 0.290 99.792 0.303
201603 0.310 100.470 0.321
201606 0.310 101.688 0.317
201609 0.220 101.861 0.225
201612 -0.840 101.863 -0.859
201703 0.320 102.862 0.324
201706 0.330 103.349 0.333
201709 0.200 104.136 0.200

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.


Exactech  (NAS:EXAC) 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.


Exactech Shiller PE Ratio Related Terms

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


Exactech (Exactech) Business Description

Traded in Other Exchanges
N/A
Address
Exactech Inc develops, manufactures, markets, distributes and sells orthopaedic implant devices, related surgical instrumentation and biologic services to hospitals and physicians in the United States and internationally.
Executives
Krusen W Andrew Jr director C/O FLORIDA BANKS INC, 5210 BELFORD ROAD - SUITE 310, JACKSONVILLE FL 32256
James G Binch director C/O MEMRY CORPORATION, 3 BERKSHIRE BOULEVARD, BETHEL CT 06801

Exactech (Exactech) Headlines

From GuruFocus

Exactech Inc. Reports Operating Results (10-K)

By gurufocus 10qk 03-16-2011

Exactech Inc. (EXAC) CEO and Chairman, 10% Owner R William Petty sells 20,000 Shares

By GuruFocus Research GuruFocus Editor 12-12-2009

Exactech Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 05-05-2010

Meridian Funds Comments on Exact Sciences Corp

By Holly LaFon Holly LaFon 03-08-2016

Mario Gabelli Ups His Holdings in EXAC, TWIN and LAYN

By Monica Wolfe Monica Wolfe 06-28-2013

Exactech Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 11-05-2009

Exactech Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 11-09-2010

Exactech Inc. (EXAC) CFO and Treasurer Joel C Phillips sells 2,497 Shares

By GuruFocus Research GuruFocus Editor 05-04-2010