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VREX (Varex Imaging) Shiller PE Ratio : 12.77 (As of Jul. 22, 2025)


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What is Varex Imaging Shiller PE Ratio?

As of today (2025-07-22), Varex Imaging's current share price is $7.405. Varex Imaging's E10 for the quarter that ended in Mar. 2025 was $0.58. Varex Imaging's Shiller PE Ratio for today is 12.77.

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

VREX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.86   Med: 13.84   Max: 15.17
Current: 12.77

During the past years, Varex Imaging's highest Shiller PE Ratio was 15.17. The lowest was 11.86. And the median was 13.84.

VREX's Shiller PE Ratio is ranked better than
80.56% of 288 companies
in the Medical Devices & Instruments industry
Industry Median: 28.34 vs VREX: 12.77

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.

Varex Imaging's adjusted earnings per share data for the three months ended in Mar. 2025 was $0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.58 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Varex Imaging Shiller PE Ratio Historical Data

The historical data trend for Varex Imaging'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.

Varex Imaging Shiller PE Ratio Chart

Varex Imaging Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Shiller PE Ratio
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Varex Imaging Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - 19.92

Competitive Comparison of Varex Imaging's Shiller PE Ratio

For the Medical Devices subindustry, Varex Imaging'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.


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

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

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


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Varex Imaging 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.

Varex Imaging's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=7.405/0.58
=12.77

* 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.

Varex Imaging's E10 for the quarter that ended in Mar. 2025 is calculated as:

For example, Varex Imaging's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.17/134.9266*134.9266
=0.170

Current CPI (Mar. 2025) = 134.9266.

Varex Imaging Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 0.000 100.428 0.000
201509 0.406 100.392 0.546
201512 0.367 99.792 0.496
201603 0.383 100.470 0.514
201606 0.458 101.688 0.608
201609 0.573 101.861 0.759
201612 0.297 101.863 0.393
201703 0.400 102.862 0.525
201706 0.280 103.349 0.366
201709 0.390 104.136 0.505
201712 0.300 104.011 0.389
201803 0.320 105.290 0.410
201806 0.100 106.317 0.127
201809 0.010 106.507 0.013
201812 0.080 105.998 0.102
201903 0.150 107.251 0.189
201906 -0.040 108.070 -0.050
201909 0.210 108.329 0.262
201912 -0.030 108.420 -0.037
202003 -0.050 108.902 -0.062
202006 -0.730 108.767 -0.906
202009 -0.660 109.815 -0.811
202012 -0.160 109.897 -0.196
202103 0.080 111.754 0.097
202106 0.290 114.631 0.341
202109 0.200 115.734 0.233
202112 0.030 117.630 0.034
202203 0.180 121.301 0.200
202206 0.200 125.017 0.216
202209 0.320 125.227 0.345
202212 0.080 125.222 0.086
202303 0.100 127.348 0.106
202306 0.210 128.729 0.220
202309 0.660 129.860 0.686
202312 -0.010 129.419 -0.010
202403 0.030 131.776 0.031
202406 0.030 132.554 0.031
202409 -1.220 133.029 -1.237
202412 -0.010 133.157 -0.010
202503 0.170 134.927 0.170

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.


Varex Imaging  (NAS:VREX) 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.


Varex Imaging Shiller PE Ratio Related Terms

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


Varex Imaging Business Description

Traded in Other Exchanges
Address
1678 S. Pioneer Road, Salt Lake City, UT, USA, 84104
Varex Imaging Corp designs and manufactures X-ray imaging components. It operates in two segments Medical and Industrial. The Medical segment, which is the key revenue driver, designs, manufactures, sells, and services X-ray imaging components, including X-ray tubes, digital detectors and accessories, generators, and heat exchangers among other products. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital flat panel detectors, high-voltage connectors, and coolers. Geographically, the company generates maximum revenue from Europe, Middle East, and Africa (EMEA) and the rest from the Americas and Asia Pacific region.
Executives
Sunny Sanyal director, officer: President and CEO 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104
Kimberley E. Honeysett officer: Vice President and Secretary 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104
Shubham Maheshwari officer: Chief Financial Officer C/O VEECO INSTRUMENTS INC., 1 TERMINAL DRIVE, PLAINVIEW NY 11803
Jay K. Kunkel director 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Ruediger Naumann-etienne director
Kathleen Bardwell director 9 BLACKBERRY DRIVE, HUDSON OH 44236
Kevin Bruce Yankton officer: Controller & CAO 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104
Andrew Hartmann officer: SVP Sales & Marketing, Medical 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104
Timothy E Guertin director C/O VARIAN MEDICAL SYSTEMS, INC, 3100 HANSEN WAY M/S E-327, PALO ALTO CA 94304
Brian W Giambattista officer: SVP and GM, X-ray Detectors 1678 SOUTH PIONEER ROAD, SALT LAKE CITY UT 84104
Erich R Reinhardt director VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304
Mark S. Jonaitis officer: SVP and GM, X-Ray Sources 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104
Clarence R Verhoef officer: SVP & Chief Financial Officer VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 95035
Rosebrough Walter M Jr director 5960 HEISLEY ROAD, MENTOR OH 44060
Carl E. Lacasce officer: SVP, Sales & Marketing 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104