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Thermo Fisher Scientific (WBO:TMOF) Shiller PE Ratio : 47.93 (As of May. 01, 2024)


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What is Thermo Fisher Scientific Shiller PE Ratio?

As of today (2024-05-01), Thermo Fisher Scientific's current share price is €535.90. Thermo Fisher Scientific's E10 for the quarter that ended in Mar. 2024 was €11.18. Thermo Fisher Scientific's Shiller PE Ratio for today is 47.93.

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

WBO:TMOF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 35.21   Med: 49.48   Max: 86.64
Current: 46.55

During the past years, Thermo Fisher Scientific's highest Shiller PE Ratio was 86.64. The lowest was 35.21. And the median was 49.48.

WBO:TMOF's Shiller PE Ratio is ranked worse than
74.03% of 77 companies
in the Medical Diagnostics & Research industry
Industry Median: 26.38 vs WBO:TMOF: 46.55

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.

Thermo Fisher Scientific's adjusted earnings per share data for the three months ended in Mar. 2024 was €3.183. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €11.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thermo Fisher Scientific Shiller PE Ratio Historical Data

The historical data trend for Thermo Fisher Scientific'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.

Thermo Fisher Scientific Shiller PE Ratio Chart

Thermo Fisher Scientific 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 61.70 70.20 76.96 51.96 44.05

Thermo Fisher Scientific Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 52.45 45.93 42.93 44.05 47.57

Competitive Comparison of Thermo Fisher Scientific's Shiller PE Ratio

For the Diagnostics & Research subindustry, Thermo Fisher Scientific'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.


Thermo Fisher Scientific's Shiller PE Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Thermo Fisher Scientific's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Thermo Fisher Scientific's Shiller PE Ratio falls into.



Thermo Fisher Scientific 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.

Thermo Fisher Scientific's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=535.90/11.18
=47.93

* 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.

Thermo Fisher Scientific's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Thermo Fisher Scientific's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.183/129.4194*129.4194
=3.183

Current CPI (Mar. 2024) = 129.4194.

Thermo Fisher Scientific Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.508 100.560 0.654
201409 0.908 100.428 1.170
201412 1.208 99.070 1.578
201503 0.887 99.621 1.152
201506 1.132 100.684 1.455
201509 1.051 100.392 1.355
201512 1.377 99.792 1.786
201603 0.907 100.470 1.168
201606 1.157 101.688 1.473
201609 1.060 101.861 1.347
201612 1.507 101.863 1.915
201703 1.309 102.862 1.647
201706 1.388 103.349 1.738
201709 1.124 104.136 1.397
201712 1.098 104.011 1.366
201803 1.160 105.290 1.426
201806 1.584 106.317 1.928
201809 1.500 106.507 1.823
201812 1.951 105.998 2.382
201903 1.788 107.251 2.158
201906 2.451 108.070 2.935
201909 1.707 108.329 2.039
201912 2.241 108.420 2.675
202003 1.783 108.902 2.119
202006 2.575 108.767 3.064
202009 4.109 109.815 4.843
202012 5.129 109.897 6.040
202103 4.939 111.754 5.720
202106 3.826 114.631 4.320
202109 4.072 115.734 4.553
202112 3.690 117.630 4.060
202203 5.094 121.301 5.435
202206 3.992 125.017 4.133
202209 3.828 125.227 3.956
202212 3.785 125.222 3.912
202303 3.101 127.348 3.151
202306 3.240 128.729 3.257
202309 4.142 129.860 4.128
202312 3.851 129.419 3.851
202403 3.183 129.419 3.183

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.


Thermo Fisher Scientific  (WBO:TMOF) 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.


Thermo Fisher Scientific Shiller PE Ratio Related Terms

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Thermo Fisher Scientific (WBO:TMOF) Business Description

Address
168 Third Avenue, Waltham, MA, USA, 02451
Thermo Fisher Scientific sells scientific instruments and laboratory equipment, diagnostics consumables, and life science reagents. The firm operates through four segments as of mid-2023 (revenue figures include some cross-segment revenue): analytical technologies (16% of sales); specialty diagnostic products (10%); life science solutions (24%); and lab products and services, which includes CRO services (54%).

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