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Thermo Fisher ScientificBSP:TMOS34 +3.18%75 Shiller PE Ratio is 38.80 as of Aug. 21, 2026, which is 24% below its 10-year median of 51.15. GuruFocus rates BSP:TMOS34 with a GF Score™ of 75/100 and a GF Value™ of R$63.29 (Fairly Valued). The stock has 10 warning signs investors should review. Among 77 Medical Diagnostics & Research companies, Thermo Fisher Scientific ranks worse than 66.23% on this metric.
The historical rank and industry rank for Thermo Fisher Scientific's Shiller PE Ratio or its related term are showing as below:
BSP:TMOS34'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 28.32 Med: 51.15 Max: 86.64
Current: 39.36
During the past years, Thermo Fisher Scientific's highest Shiller PE Ratio was 86.64. The lowest was 28.32. And the median was 51.15.
BSP:TMOS34's Shiller PE Ratio is ranked worse than 66.23% of 77
companies
in the Medical Diagnostics & Research industry
Industry Median: 27.26
vs BSP:TMOS34: 39.36
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 Jun. 2026 was R$0.500. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$1.72 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Thermo Fisher Scientific (BSP:TMOS34) 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
Thermo Fisher Scientific Shiller PE Ratio Historical Data
* 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.
BSP:TMOS34 vs DHR, IDXX, A: Shiller PE Ratio Comparison
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 Shiller PE Ratio vs 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.
* 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.
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 (BSP:TMOS34) has a Shiller PE Ratio of 38.80 as of Aug. 21, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Thermo Fisher Scientific and its competitors. This is 24% below median its historical median of 51.15. Over the past decade, Thermo Fisher Scientific's Shiller PE Ratio has ranged from 28.32 to 86.64. According to the industry distribution chart, Thermo Fisher Scientific ranks #51 out of 77 companies in the Medical Diagnostics & Research industry, placing it in the top 66.2%.
Is Thermo Fisher Scientific's Shiller PE Ratio too high?
Thermo Fisher Scientific's current Shiller PE Ratio of 38.80 is 24% below median its 10-year median of 51.15. Over the past 10 years, this metric has ranged from a low of 28.32 to a high of 86.64. The Medical Diagnostics & Research industry median Shiller PE Ratio is 27.26. Thermo Fisher Scientific's value of 38.80 is 42.3% above this industry median. Based on the distribution chart, Thermo Fisher Scientific ranks #51 out of 77 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, Thermo Fisher Scientific has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thermo Fisher Scientific's Shiller PE Ratio compare to DHR and IDXX?
According to the Medical Diagnostics & Research industry distribution chart, Thermo Fisher Scientific ranks #51 out of 77 companies for Shiller PE Ratio. This places Thermo Fisher Scientific in the lower half of its industry. The industry median Shiller PE Ratio is 27.26. Thermo Fisher Scientific's value of 38.80 is 42.3% above this benchmark. Historically, Thermo Fisher Scientific's own Shiller PE Ratio has ranged from 28.32 to 86.64 over the past decade. While the company's 10-year median is 51.15 vs. the industry median of 27.26, Thermo Fisher Scientific has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Medical Diagnostics & Research company?
The median Shiller PE Ratio among Medical Diagnostics & Research companies is 27.26, based on 77 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thermo Fisher Scientific's current Shiller PE Ratio of 38.80 is 42.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Thermo Fisher Scientific and its competitors. For the Medical Diagnostics & Research industry, the median Shiller PE Ratio is 27.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thermo Fisher Scientific's current Shiller PE Ratio is 38.80, which is 24% below median its own 10-year median of 51.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermo Fisher Scientific stock overvalued right now?
Based on GuruFocus' analysis, Thermo Fisher Scientific (BSP:TMOS34) is currently considered Fairly Valued. The stock's GF Value™ is R$63.29, compared to a current price of R$66.74 — trading 5.5% above its estimated fair value. The current Shiller PE Ratio is 38.80, which is 24% below median its 10-year median of 51.15 and 42.3% above the Medical Diagnostics & Research industry median of 27.26. Thermo Fisher Scientific's overall GF Score™ is 75/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Thermo Fisher Scientific (BSP:TMOS34), the current Shiller PE Ratio is 38.80 as of Aug. 21, 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 Thermo Fisher Scientific (BSP:TMOS34) Overvalued in 2026?
Based on GuruFocus' analysis, Thermo Fisher Scientific stock appears to be overvalued.
The current stock price of R$66.74 is trading 5.5% above its estimated GF Value™ of R$63.29.
GuruFocus considers Thermo Fisher Scientific to be Fairly Valued.
Key valuation signals for BSP:TMOS34:
Shiller PE Ratio: 38.80 (24% below median its 10-year median of 51.15)
GF Value™: R$63.29 vs. price of R$66.74 (5.5% above fair value)
Industry Position: 42.3% above the Medical Diagnostics & Research median (#51 of 77)
No single metric tells the full story. See the BSP:TMOS34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thermo Fisher Scientific sells scientific instruments and laboratory equipment, diagnostics consumables, and life science reagents. The firm operates through four segments as of year-end 2025 (revenue figures include some cross-segment revenue): analytical technologies (17% of sales); specialty diagnostic products (11%); life science solutions (23%); and lab products and services, which includes CRO services (the remainder).
75GF Score
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