Switch to:

Medtronic Shiller PE Ratio

: 26.30 (As of Today)
View and export this data going back to 1980. Start your Free Trial

As of today (2020-04-05), Medtronic's current share price is USD 86.27. Medtronic's E10 for the quarter that ended in Jan. 2020 was USD 3.28. Medtronic's Shiller PE Ratio for today is 26.30.

NYSE:MDT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.42   Med: 24.42   Max: 36.36
Current: 26.27

14.42
36.36

During the past years, Medtronic's highest Shiller PE Ratio was 36.36. The lowest was 14.42. And the median was 24.42.

NYSE:MDT's Shiller PE Ratio is ranked higher than
60% of the 166 Companies
in the Medical Devices & Instruments industry.

( Industry Median: 36.88 vs. NYSE:MDT: 26.27 )

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.

Medtronic's adjusted earnings per share data for the three months ended in Jan. 2020 was USD 1.420. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is USD 3.28 for the trailing ten years ended in Jan. 2020.


Medtronic Shiller PE Ratio Historical Data

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

* Premium members only.

Medtronic Annual Data
Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.34 27.52 28.32 26.82 27.98

Medtronic Quarterly Data
Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 28.80 27.98 31.63 33.71 35.16

Competitive Comparison
* 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.


Medtronic Shiller PE Ratio Distribution

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



Medtronic 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.

Medtronic's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=86.27/3.28
=26.30

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

Medtronic's E10 for the quarter that ended in Jan. 2020 is calculated as:

For example, Medtronic's adjusted earnings per share data for the three months ended in Jan. 2020 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2020 (Change)*Current CPI (Jan. 2020)
=1.42/257.14*257.14
=1.420

Current CPI (Jan. 2020) = 257.14.

Medtronic Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201004 0.860 218.010 1.014
201007 0.760 218.010 0.896
201010 0.520 218.710 0.611
201101 0.860 220.220 1.004
201104 0.720 224.910 0.823
201107 0.770 225.920 0.876
201110 0.820 226.420 0.931
201201 0.880 226.660 0.998
201204 0.940 230.090 1.051
201207 0.830 229.100 0.932
201210 0.630 231.320 0.700
201301 0.970 230.280 1.083
201304 0.950 232.530 1.051
201307 0.930 233.600 1.024
201310 0.890 233.550 0.980
201401 0.750 233.920 0.824
201404 0.440 237.070 0.477
201407 0.870 238.250 0.939
201410 0.830 237.430 0.899
201501 0.980 233.710 1.078
201504 -0.001 236.600 -0.001
201507 0.570 238.650 0.614
201510 0.360 237.840 0.389
201601 0.770 236.920 0.836
201604 0.780 239.260 0.838
201607 0.660 240.630 0.705
201610 0.800 241.730 0.851
201701 0.590 242.840 0.625
201704 0.840 244.520 0.883
201707 0.740 244.790 0.777
201710 1.480 246.660 1.543
201801 -1.030 247.870 -1.069
201804 1.070 250.550 1.098
201807 0.790 252.010 0.806
201810 0.820 252.880 0.834
201901 0.940 251.710 0.960
201904 0.870 255.550 0.875
201907 0.640 256.570 0.641
201910 1.010 257.350 1.009
202001 1.420 257.140 1.420

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


Medtronic  (NYSE:MDT) 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.


Medtronic Shiller PE Ratio Related Terms


Medtronic Shiller PE Ratio Headlines

From the Internet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)