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Stryker (BSP:S1YK34) Shiller PE Ratio : 61.84 (As of May. 01, 2024)


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What is Stryker Shiller PE Ratio?

As of today (2024-05-01), Stryker's current share price is R$86.57. Stryker's E10 for the quarter that ended in Dec. 2023 was R$1.40. Stryker's Shiller PE Ratio for today is 61.84.

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

BSP:S1YK34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 24.52   Med: 45.18   Max: 60.68
Current: 57.45

During the past years, Stryker's highest Shiller PE Ratio was 60.68. The lowest was 24.52. And the median was 45.18.

BSP:S1YK34's Shiller PE Ratio is ranked worse than
80.73% of 275 companies
in the Medical Devices & Instruments industry
Industry Median: 27.24 vs BSP:S1YK34: 57.45

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.

Stryker's adjusted earnings per share data for the three months ended in Dec. 2023 was R$0.730. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$1.40 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stryker Shiller PE Ratio Historical Data

The historical data trend for Stryker'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.

Stryker Shiller PE Ratio Chart

Stryker 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 49.48 56.44 56.28 46.65 50.77

Stryker Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 46.65 53.05 54.88 47.50 50.77

Competitive Comparison of Stryker's Shiller PE Ratio

For the Medical Devices subindustry, Stryker'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.


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

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

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



Stryker 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.

Stryker's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=86.57/1.4
=61.84

* 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.

Stryker's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Stryker's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.73/129.4194*129.4194
=0.730

Current CPI (Dec. 2023) = 129.4194.

Stryker Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.021 99.695 0.027
201406 0.037 100.560 0.048
201409 0.019 100.428 0.024
201412 0.089 99.070 0.116
201503 0.091 99.621 0.118
201506 0.160 100.684 0.206
201509 0.154 100.392 0.199
201512 0.268 99.792 0.348
201603 0.198 100.470 0.255
201606 0.171 101.688 0.218
201609 0.153 101.861 0.194
201612 0.225 101.863 0.286
201703 0.183 102.862 0.230
201706 0.170 103.349 0.213
201709 0.179 104.136 0.222
201712 -0.109 104.011 -0.136
201803 0.190 105.290 0.234
201806 0.224 106.317 0.273
201809 0.318 106.507 0.386
201812 1.056 105.998 1.289
201903 0.209 107.251 0.252
201906 0.243 108.070 0.291
201909 0.253 108.329 0.302
201912 0.390 108.420 0.466
202003 0.318 108.902 0.378
202006 -0.057 108.767 -0.068
202009 0.440 109.815 0.519
202012 0.383 109.897 0.451
202103 0.223 111.754 0.258
202106 0.390 114.631 0.440
202109 0.301 115.734 0.337
202112 0.489 117.630 0.538
202203 0.209 121.301 0.223
202206 0.434 125.017 0.449
202209 0.561 125.227 0.580
202212 0.386 125.222 0.399
202303 0.401 127.348 0.408
202306 0.468 128.729 0.471
202309 0.444 129.860 0.442
202312 0.730 129.419 0.730

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.


Stryker  (BSP:S1YK34) 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.


Stryker Shiller PE Ratio Related Terms

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


Stryker (BSP:S1YK34) Business Description

Address
2825 Airview Boulevard, Kalamazoo, MI, USA, 49002
Stryker designs, manufactures, and markets an array of medical equipment, instruments, consumable supplies, and implantable devices. The product portfolio includes hip and knee replacements, endoscopy systems, operating room equipment, embolic coils, hospital beds and gurneys, and spinal devices. Stryker remains one of the three largest competitors in reconstructive orthopedic implants and holds the leadership position in operating room equipment. Just over one fourth of Stryker's total revenue currently comes from outside the United States.

Stryker (BSP:S1YK34) Headlines

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