Intuitive Surgical (MIL:1ISRG) E10: €4.68 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:1ISRG Intuitive Surgical Inc MIL:1ISRG
75 GF Score
Price €299.45
GF Value €552.03
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Intuitive Surgical E10?

Intuitive Surgical MIL:1ISRG +3.03% 75 E10 is €4.68 as of Jun. 2026. GuruFocus rates MIL:1ISRG with a GF Score™ of 75/100 and a GF Value™ of €552.03 (Significantly Undervalued). The stock has 1 warning sign investors should review.

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.

Intuitive Surgical's adjusted earnings per share data for the three months ended in Jun. 2026 was €1.988. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €4.68 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Intuitive Surgical's average E10 Growth Rate was 17.30% per year. During the past 3 years, the average E10 Growth Rate was 14.80% per year. During the past 5 years, the average E10 Growth Rate was 14.60% per year. During the past 10 years, the average E10 Growth Rate was 15.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Intuitive Surgical was 67.70% per year. The lowest was 13.10% per year. And the median was 16.05% per year.

As of today (2026-07-27), Intuitive Surgical's current stock price is €299.45. Intuitive Surgical's E10 for the quarter that ended in Jun. 2026 was €4.68. Intuitive Surgical's Shiller PE Ratio of today is 63.99.

During the past 13 years, the highest Shiller PE Ratio of Intuitive Surgical was 146.33. The lowest was 52.75. And the median was 96.06.


Intuitive Surgical  (MIL:1ISRG) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

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.

Intuitive Surgical's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=299.45/4.68
=63.99

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Intuitive Surgical was 146.33. The lowest was 52.75. And the median was 96.06.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Intuitive Surgical E10 Related Terms


Intuitive Surgical E10 Historical Data

* Premium members only.

The historical data trend for Intuitive Surgical's E10 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.

Intuitive Surgical E10 Chart

Intuitive Surgical Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 3.16 3.95 4.07

Intuitive Surgical Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
E10 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 3.75 3.90 4.07 4.32 4.68

MIL:1ISRG vs BDX, MDLN, RMD: E10 Comparison

For the Medical Instruments & Supplies subindustry, Intuitive Surgical'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.


Intuitive Surgical Shiller PE Ratio vs Medical Devices & Instruments Industry

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

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


MIL:1ISRG
75GF Score
Intuitive Surgical Inc MIL:1ISRG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Intuitive Surgical E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, Intuitive Surgical's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.988/333.9520*333.9520
=1.988

Current CPI (Jun. 2026) = 333.9520.

Intuitive Surgical Quarterly Data

per share eps CPI Adj_EPS
201609 0.526 241.428 0.728
201612 0.540 241.432 0.747
201703 0.489 243.801 0.670
201706 0.576 244.955 0.785
201709 0.716 246.819 0.969
201712 -0.099 246.524 -0.134
201803 0.660 249.554 0.883
201806 0.613 251.989 0.812
201809 0.700 252.439 0.926
201812 0.718 251.233 0.954
201903 0.755 254.202 0.992
201906 0.788 256.143 1.027
201909 1.008 256.759 1.311
201912 0.897 256.974 1.166
202003 0.790 258.115 1.022
202006 0.169 257.797 0.219
202009 0.739 260.280 0.948
202012 0.827 260.474 1.060
202103 0.983 264.877 1.239
202106 1.179 271.696 1.449
202109 0.884 274.310 1.076
202112 0.920 278.802 1.102
202203 0.908 287.504 1.055
202206 0.804 296.311 0.906
202209 0.909 296.808 1.023
202212 0.859 296.797 0.967
202303 0.934 301.836 1.033
202306 1.089 305.109 1.192
202309 1.087 307.789 1.179
202312 1.550 306.746 1.687
202403 1.389 312.332 1.485
202406 1.356 314.175 1.441
202409 1.406 315.301 1.489
202412 1.795 315.605 1.899
202503 1.776 319.799 1.855
202506 1.569 322.561 1.624
202509 1.661 324.800 1.708
202512 1.887 324.054 1.945
202603 1.972 330.213 1.994
202606 1.988 333.952 1.988

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €4.68 mean?
Intuitive Surgical (MIL:1ISRG) has a E10 of €4.68 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Intuitive Surgical and its competitors.
Is Intuitive Surgical's E10 too high?
Intuitive Surgical's current E10 is €4.68. Overall, Intuitive Surgical has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Intuitive Surgical's E10 compare to BDX and MDLN?
Intuitive Surgical's E10 of €4.68 can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Medical Devices & Instruments company?
A good E10 depends on the Medical Devices & Instruments industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Intuitive Surgical and its competitors. Intuitive Surgical's current E10 is €4.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intuitive Surgical stock overvalued right now?
Based on GuruFocus' analysis, Intuitive Surgical (MIL:1ISRG) is currently considered Significantly Undervalued. The stock's GF Value™ is €552.03, compared to a current price of €299.45 — trading 45.8% below its estimated fair value. The current E10 is €4.68. Intuitive Surgical's overall GF Score™ is 75/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Intuitive Surgical (MIL:1ISRG), the current E10 is €4.68 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Intuitive Surgical (MIL:1ISRG) Overvalued in 2026?

Based on GuruFocus' analysis, Intuitive Surgical stock appears to be undervalued. The current stock price of €299.45 is trading 45.8% below its estimated GF Value™ of €552.03. GuruFocus considers Intuitive Surgical to be Significantly Undervalued.

Key valuation signals for MIL:1ISRG:

  • E10: €4.68
  • GF Value™: €552.03 vs. price of €299.45 (45.8% below fair value)
  • GF Score™: 75/100 with 1 warning sign

No single metric tells the full story. See the MIL:1ISRG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Intuitive Surgical Business Description

Address 1020 Kifer Road, Sunnyvale, CA, USA, 94086
Intuitive develops, produces, and markets a robotic system for assisting minimally invasive surgery. It also provides the instrumentation, disposable accessories, and warranty services for the system. The company has placed more than 10,000 da Vinci systems in hospitals worldwide, with more than 6,000 installations in the US and a growing number in emerging markets.
75GF Score

Get the complete analysis for MIL:1ISRG

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€299.45
Price
€552.03
GF Value