DXCM (DexCom) Shiller PE Ratio: 100.66 (As of Aug. 28, 2026) — 74% Below Median

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DXCM DexCom Inc DXCM
94 GF Score
Price $90.59
GF Value $101.80
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is DexCom Shiller PE Ratio?

DexCom DXCM +1.46% 94 Shiller PE Ratio is 100.66 as of Aug. 28, 2026, which is 74% below its 10-year median of 385.73. GuruFocus rates DXCM with a GF Score™ of 94/100 and a GF Value™ of $101.80 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 313 Medical Devices & Instruments companies, DexCom ranks worse than 93.61% on this metric.

As of today (2026-08-28), DexCom's current share price is $90.59. DexCom's E10 for the quarter that ended in Jun. 2026 was $0.90. DexCom's Shiller PE Ratio for today is 100.66.

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

DXCM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 73.91   Med: 385.73   Max: 5379.5
Current: 100.66

During the past years, DexCom's highest Shiller PE Ratio was 5379.50. The lowest was 73.91. And the median was 385.73.

DXCM's Shiller PE Ratio is ranked worse than
93.61% of 313 companies
in the Medical Devices & Instruments industry
Industry Median: 27.07 vs DXCM: 100.66

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.

DexCom's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.640. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.90 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DexCom  (NAS:DXCM) 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.


DexCom Shiller PE Ratio Related Terms


DexCom Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for DexCom'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.

DexCom Shiller PE Ratio Chart

DexCom Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,990.09 631.78 375.69 157.37 89.34

DexCom Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 149.23 99.37 89.34 76.95 75.03

DXCM vs GEHC, STE, ZBH: Shiller PE Ratio Comparison

For the Medical Devices subindustry, DexCom'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.


DexCom Shiller PE Ratio vs Medical Devices & Instruments Industry

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

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


DXCM
94GF Score
DexCom Inc DXCM
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DexCom 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.

DexCom's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=90.59/0.90
=100.66

* 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.

DexCom's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, DexCom'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)
=0.64/333.9520*333.9520
=0.640

Current CPI (Jun. 2026) = 333.9520.

DexCom Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -0.055 241.428 -0.076
201612 -0.023 241.432 -0.032
201703 -0.123 243.801 -0.168
201706 0.008 244.955 0.011
201709 -0.005 246.819 -0.007
201712 -0.028 246.524 -0.038
201803 -0.070 249.554 -0.094
201806 0.085 251.989 0.113
201809 0.130 252.439 0.172
201812 -0.508 251.233 -0.675
201903 -0.075 254.202 -0.099
201906 -0.030 256.143 -0.039
201909 0.125 256.759 0.163
201912 0.250 256.974 0.325
202003 0.053 258.115 0.069
202006 0.120 257.797 0.155
202009 0.183 260.280 0.235
202012 0.908 260.474 1.164
202103 0.140 264.877 0.177
202106 0.190 271.696 0.234
202109 0.210 274.310 0.256
202112 -0.050 278.802 -0.060
202203 0.230 287.504 0.267
202206 0.120 296.311 0.135
202209 0.240 296.808 0.270
202212 0.220 296.797 0.248
202303 0.120 301.836 0.133
202306 0.280 305.109 0.306
202309 0.290 307.789 0.315
202312 0.620 306.746 0.675
202403 0.360 312.332 0.385
202406 0.350 314.175 0.372
202409 0.340 315.301 0.360
202412 0.380 315.605 0.402
202503 0.270 319.799 0.282
202506 0.450 322.561 0.466
202509 0.700 324.800 0.720
202512 0.680 324.054 0.701
202603 0.510 330.213 0.516
202606 0.640 333.952 0.640

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 100.66 mean?
DexCom (DXCM) has a Shiller PE Ratio of 100.66 as of Aug. 28, 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 DexCom and its competitors. This is 74% below median its historical median of 385.73. Over the past decade, DexCom's Shiller PE Ratio has ranged from 73.91 to 5,379.50. According to the industry distribution chart, DexCom ranks #293 out of 313 companies in the Medical Devices & Instruments industry, placing it in the top 93.6%.
Is DexCom's Shiller PE Ratio too high?
DexCom's current Shiller PE Ratio of 100.66 is 74% below median its 10-year median of 385.73. Over the past 10 years, this metric has ranged from a low of 73.91 to a high of 5,379.50. The Medical Devices & Instruments industry median Shiller PE Ratio is 27.07. DexCom's value of 100.66 is 271.9% above this industry median. Based on the distribution chart, DexCom ranks #293 out of 313 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, DexCom has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DexCom's Shiller PE Ratio compare to GEHC and STE?
According to the Medical Devices & Instruments industry distribution chart, DexCom ranks #293 out of 313 companies for Shiller PE Ratio. This places DexCom in the lower half of its industry. The industry median Shiller PE Ratio is 27.07. DexCom's value of 100.66 is 271.9% above this benchmark. Historically, DexCom's own Shiller PE Ratio has ranged from 73.91 to 5,379.50 over the past decade. While the company's 10-year median is 385.73 vs. the industry median of 27.07, DexCom 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 Devices & Instruments company?
The median Shiller PE Ratio among Medical Devices & Instruments companies is 27.07, based on 313 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. DexCom's current Shiller PE Ratio of 100.66 is 271.9% 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 DexCom and its competitors. For the Medical Devices & Instruments industry, the median Shiller PE Ratio is 27.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DexCom's current Shiller PE Ratio is 100.66, which is 74% below median its own 10-year median of 385.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DexCom stock overvalued right now?
Based on GuruFocus' analysis, DexCom (DXCM) is currently considered Modestly Undervalued. The stock's GF Value™ is $101.80, compared to a current price of $90.59 — trading 11% below its estimated fair value. The current Shiller PE Ratio is 100.66, which is 74% below median its 10-year median of 385.73 and 271.9% above the Medical Devices & Instruments industry median of 27.07. DexCom's overall GF Score™ is 94/100 with 6 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 DexCom (DXCM), the current Shiller PE Ratio is 100.66 as of Aug. 28, 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 DexCom (DXCM) Overvalued in 2026?

Based on GuruFocus' analysis, DexCom stock appears to be undervalued. The current stock price of $90.59 is trading 11% below its estimated GF Value™ of $101.80. GuruFocus considers DexCom to be Modestly Undervalued.

Key valuation signals for DXCM:

  • Shiller PE Ratio: 100.66 (74% below median its 10-year median of 385.73)
  • GF Value™: $101.80 vs. price of $90.59 (11% below fair value)
  • GF Score™: 94/100 with 6 warning signs
  • Industry Position: 271.9% above the Medical Devices & Instruments median (#293 of 313)

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


DexCom Business Description

Address 6340 Sequence Drive, San Diego, CA, USA, 92121
DexCom designs and commercializes continuous glucose monitoring systems for diabetic patients. CGM systems serve as an alternative to the traditional blood glucose meter process, and the company is evolving its CGM systems to provide integration with insulin pumps from Insulet and Tandem for automatic insulin delivery. DexCom's CGMs are available through medical equipment distributors as well as retail pharmacies.
94GF Score

Get the complete analysis for DXCM

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

$90.59
Price
$101.80
GF Value