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Masimo (Masimo) Shiller PE Ratio : 38.09 (As of Apr. 26, 2024)


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What is Masimo Shiller PE Ratio?

As of today (2024-04-26), Masimo's current share price is $135.99. Masimo's E10 for the quarter that ended in Dec. 2023 was $3.57. Masimo's Shiller PE Ratio for today is 38.09.

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

MASI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.09   Med: 50.26   Max: 107.08
Current: 38.09

During the past years, Masimo's highest Shiller PE Ratio was 107.08. The lowest was 21.09. And the median was 50.26.

MASI's Shiller PE Ratio is ranked worse than
65.93% of 273 companies
in the Medical Devices & Instruments industry
Industry Median: 27.11 vs MASI: 38.09

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.

Masimo's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.630. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Masimo Shiller PE Ratio Historical Data

The historical data trend for Masimo'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.

Masimo Shiller PE Ratio Chart

Masimo 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 67.36 101.27 94.03 43.03 32.81

Masimo 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 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 43.03 52.74 46.66 24.75 32.81

Competitive Comparison of Masimo's Shiller PE Ratio

For the Medical Devices subindustry, Masimo'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.


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

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

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



Masimo 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.

Masimo's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=135.99/3.57
=38.09

* 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.

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

For example, Masimo'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)
=0.63/129.4194*129.4194
=0.630

Current CPI (Dec. 2023) = 129.4194.

Masimo Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.390 99.695 0.506
201406 0.240 100.560 0.309
201409 0.270 100.428 0.348
201412 0.390 99.070 0.509
201503 0.380 99.621 0.494
201506 0.360 100.684 0.463
201509 0.360 100.392 0.464
201512 0.460 99.792 0.597
201603 0.530 100.470 0.683
201606 0.570 101.688 0.725
201609 0.520 101.861 0.661
201612 3.970 101.863 5.044
201703 0.930 102.862 1.170
201706 0.800 103.349 1.002
201709 0.640 104.136 0.795
201712 0.010 104.011 0.012
201803 0.820 105.290 1.008
201806 0.790 106.317 0.962
201809 1.020 106.507 1.239
201812 0.830 105.998 1.013
201903 0.870 107.251 1.050
201906 0.790 108.070 0.946
201909 0.860 108.329 1.027
201912 0.920 108.420 1.098
202003 1.120 108.902 1.331
202006 0.960 108.767 1.142
202009 0.850 109.815 1.002
202012 1.210 109.897 1.425
202103 0.920 111.754 1.065
202106 0.880 114.631 0.994
202109 1.000 115.734 1.118
202112 1.180 117.630 1.298
202203 0.810 121.301 0.864
202206 0.330 125.017 0.342
202209 0.700 125.227 0.723
202212 0.750 125.222 0.775
202303 0.390 127.348 0.396
202306 0.290 128.729 0.292
202309 0.200 129.860 0.199
202312 0.630 129.419 0.630

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.


Masimo  (NAS:MASI) 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.


Masimo Shiller PE Ratio Related Terms

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


Masimo (Masimo) Business Description

Traded in Other Exchanges
Address
52 Discovery, Irvine, CA, USA, 92618
Masimo Corp is a global technology company. The company's segment includes healthcare and non-healthcare. The healthcare business segment is a key revenue driver, develops, manufactures, and markets a variety of noninvasive patient monitoring technologies, hospital automation and connectivity solutions, remote monitoring devices and consumer health products. Its non-healthcare segment includes consumer audio business develops, manufactures, markets sells and licenses premium and luxury audio sound products and related integration technologies.
Executives
Rolf A Classon director C/O CATALENT, INC., 14 SCHOOLHOUSE ROAD, SOMERSET NJ 08873
Politan Capital Management Gp Llc other: Director by deputization 106 WEST 56TH STREET, 10TH FLOOR, NEW YORK NY 10019
Politan Capital Partners Gp Llc other: Director by deputization 106 WEST 56TH STREET, 10TH FLOOR, NEW YORK NY 10019
Quentin Koffey other: Director by deputization POLITAN CAPITAL MANAGEMENT LP, 106 WEST 56TH STREET, 10TH FLOOR, NEW YORK NY 10019
Politan Capital Management Lp other: Director by deputization 106 WEST 56TH STREET, 10TH FLOOR, NEW YORK NY 10019
Michelle Brennan director 1855 S. GRANT STREET, SAN MATEO CA 94402
Joe E Kiani director, officer: CEO and Chairman of the Board 4320 FOREST PARK AVENUE, SUITE 100, ST. LOUIS MO 63108
Paul Hataishi officer: SVP, Chief Accounting Officer C/O MASIMO CORPORATION, 52 DISCOVERY, IRVINE CA 92618
Blair Tripodi officer: COO, Consumer Division C/O MASIMO CORPORATION, 52 DISCOVERY, IRVINE CA 92618
Kevin P Duffy officer: President, Consumer 1 VIPER WAY, VISTA CA 92081
Adam Mikkelson director C/O MASIMO CORPORATION, 52 DISCOVERY, IRVINE CA 92618
Tao Levy officer: EVP BUS DEV C/O MASIMO CORPORATION, 52 DISCOVERY, IRVINE CA 92618
Micah W Young officer: EVP & Chief Financial Officer C/O MASIMO CORPORATION, 52 DISCOVERY, IRVINE CA 92618
Thomas Samuel Mcclenahan officer: EVP & GENERAL COUNSEL 40 PARKER, IRVINE CA 92618
Craig B Reynolds director 1046 MIDDLEBROOK WAY, KENESAW GA 30144

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