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Novo Nordisk A/S (NYSE:NVO)
Shiller PE Ratio
(As of Today)

As of today, Novo Nordisk A/S's current share price is $41.68. Novo Nordisk A/S's E10 for the quarter that ended in Mar. 2017 was $0.00. Novo Nordisk A/S's Shiller P/E Ratio for today is .

NVO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 23.12   Max: 67.58
Current: 32.86

23.12
67.58

During the past 13 years, Novo Nordisk A/S's highest Shiller P/E Ratio was 67.58. The lowest was 23.12. And the median was 42.59.

NVO's Shiller PE Ratio is ranked higher than
75% of the 53 Companies
in the Global Biotechnology industry.

( Industry Median: 53.05 vs. NVO: 32.86 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Novo Nordisk A/S's adjusted earnings per share data for the three months ended in Mar. 2017 was $0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.00 for the trailing ten years ended in Mar. 2017.


Definition

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Novo Nordisk A/S's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=41.68/0
=

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Novo Nordisk A/S's E10 for the fiscal year that ended in Dec16 is calculated as:

For example, Novo Nordisk A/S's adjusted earnings per share data for the three months ended in Mar. 2017 was:

Adj_EPS=Earnigns per Share/CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=0/243.985*243.985
=0.000

Current CPI (Mar. 2017) = 243.985.

Novo Nordisk A/S Quarterly Data

201412201503201506201509201512201603201606201609201612201703
per share eps 0.4160.5500.4860.4910.4730.5540.5920.5830.4910.000
CPI 234.812236.119238.638237.945236.525238.132241.018241.428241.432243.985
Adj_EPS 0.4320.5680.4970.5030.4880.5670.5990.5890.4960.000
201206201209201212201303201306201309201312201403201406201409
per share eps 0.3260.3570.3700.3820.4410.4280.4170.4500.4850.428
CPI 229.478231.407229.601232.773233.504234.149233.049236.293238.343238.031
Adj_EPS 0.3470.3770.3940.4010.4600.4460.4370.4650.4960.438
200912201003201006201009201012201103201106201109201112201203
per share eps 0.1540.2050.1980.2160.2420.2650.2780.2730.2950.296
CPI 215.949217.631217.965218.439219.179223.467225.722226.889225.672229.392
Adj_EPS 0.1730.2290.2210.2420.2690.2900.3010.2930.3190.314
200706200709200712200803200806200809200812200903200906200909
per share eps 0.2060.1280.0630.1450.3130.1650.1370.1540.1850.179
CPI 208.352208.490210.036213.528218.815218.783210.228212.709215.693215.969
Adj_EPS 0.2410.1500.0730.1660.3490.1840.1590.1770.2090.203

Add all the adjusted EPS together and divide 10 will get our E10.


Explanation

Compared with the regular P/E ratio, which works poorly for cyclical businesses, the Shiller P/E 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 P/E should give similar results to regular P/E.

Compared with the P/S ratio, the Shiller P/E makes the comparison between different industries more meaningful.


Be Aware

The Shiller P/E 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, the Shiller P/E and P/S ratio will give false valuations.


Related Terms

P/E Ratio, P/B Ratio, P/S Ratio, Price-to-Free-Cash-Flow ratio, E10


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Novo Nordisk A/S Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ShillerPE 42.9729.1130.4548.9342.6048.3943.4247.8960.3931.47

Novo Nordisk A/S Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ShillerPE 47.8963.9059.3956.4960.3951.1248.3035.6031.4728.39
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