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Allergan (FRA:AG4) Shiller PE Ratio : 138.61 (As of Jun. 21, 2024)


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What is Allergan Shiller PE Ratio?

As of today (2024-06-21), Allergan's current share price is €225.94. Allergan's E10 for the quarter that ended in Dec. 2014 was €1.63. Allergan's Shiller PE Ratio for today is 138.61.

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

FRA:AG4's Shiller PE Ratio is not ranked *
in the Drug Manufacturers industry.
Industry Median: 24.07
* Ranked among companies with meaningful Shiller PE Ratio only.

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.

Allergan's adjusted earnings per share data for the three months ended in Dec. 2014 was €1.427. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.63 for the trailing ten years ended in Dec. 2014.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allergan Shiller PE Ratio Historical Data

The historical data trend for Allergan'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.

Allergan Shiller PE Ratio Chart

Allergan Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.51 78.70 63.11 58.58 107.90

Allergan Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 58.58 62.32 84.60 91.90 107.90

Competitive Comparison of Allergan's Shiller PE Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Allergan'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.


Allergan's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Allergan's Shiller PE Ratio distribution charts can be found below:

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



Allergan 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.

Allergan's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=225.94/1.63
=138.61

* 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.

Allergan's E10 for the quarter that ended in Dec. 2014 is calculated as:

For example, Allergan's adjusted earnings per share data for the three months ended in Dec. 2014 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2014 (Change)*Current CPI (Dec. 2014)
=1.427/99.0697*99.0697
=1.427

Current CPI (Dec. 2014) = 99.0697.

Allergan Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200503 0.227 81.555 0.276
200506 0.103 82.062 0.124
200509 0.458 83.876 0.541
200512 0.431 83.032 0.514
200603 -1.367 84.298 -1.607
200606 0.190 85.606 0.220
200609 0.275 85.606 0.318
200612 0.329 85.142 0.383
200703 0.106 86.640 0.121
200706 0.335 87.906 0.378
200709 0.367 87.964 0.413
200712 0.357 88.616 0.399
200803 0.225 90.090 0.247
200806 0.302 92.320 0.324
200809 0.383 92.307 0.411
200812 0.329 88.697 0.367
200903 0.115 89.744 0.127
200906 0.414 91.003 0.451
200909 0.398 91.120 0.433
200912 0.495 91.111 0.538
201003 0.405 91.821 0.437
201006 0.638 91.962 0.687
201009 -1.686 92.162 -1.812
201012 0.617 92.474 0.661
201103 0.364 94.283 0.382
201106 0.548 95.235 0.570
201109 0.589 95.727 0.610
201112 0.686 95.213 0.714
201203 0.560 96.783 0.573
201206 0.765 96.819 0.783
201209 0.636 97.633 0.645
201212 0.809 96.871 0.827
201303 0.031 98.209 0.031
201306 0.902 98.518 0.907
201309 0.748 98.790 0.750
201312 0.758 98.326 0.764
201403 0.615 99.695 0.611
201406 1.008 100.560 0.993
201409 0.799 100.428 0.788
201412 1.427 99.070 1.427

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.


Allergan  (FRA:AG4) 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.


Allergan Shiller PE Ratio Related Terms

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


Allergan (FRA:AG4) Business Description

Traded in Other Exchanges
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Address
Website
Allergan Inc incorporated in Delaware in 1977. It is a multi-specialty health care company. The Company is engaged in the developing and commercializing pharmaceuticals, biologics, medical devices and over-the-counter products that enable people to live life to its full potential - to see more clearly, move more freely and express themselves more fully. It offers products for the ophthalmic, neurological, medical aesthetics, medical dermatology, breast aesthetics, urological and other specialty markets in more than 100 countries around the world. It is also engaged in specialty pharmaceutical, biologic and medical device research and development. The Company's business segments are specialty pharmaceuticals and medical devices. The specialty pharmaceuticals segment produces pharmaceutical products, including: ophthalmic products for dry eye, glaucoma, inflammation, infection, allergy and retinal disease; Botox for certain therapeutic and aesthetic indications; skin care products for acne, psoriasis, eyelash growth and other prescription and over-the-counter skin care products; and urologics products. The medical devices segment produces medical devices, including: breast implants for augmentation, revision and reconstructive surgery and tissue expanders; and facial aesthetics products. The Company sells its products directly through its own sales subsidiaries in approximately 40 countries and, supplemented by independent distributors, in over 100 countries. Its products are sold to drug wholesalers, independent and chain drug stores, pharmacies, commercial optical chains, opticians, mass merchandisers, food stores, hospitals, group purchasing organizations, integrated direct hospital networks, ambulatory surgery centers, government purchasing agencies and medical practitioners. The Company also utilize distributors for its products in smaller international markets. The Company's competitors include Akorn, Inc., Alcon Laboratories, Inc./Novartis AG, Abbott Laboratories, Alimera Sciences, Inc., Bausch & Lomb, Inc., a division of Valeant, Genentech/Hoffmann La Roche AG, Merck & Co., Pfizer Inc., Regeneron Pharmaceuticals, Inc. and Santen Seiyaku. Mentor and Sientra, Inc., or Sientra, a partner of Silimed, LifeCell Corporation, CR Bard Inc. The Company's operations are subject to federal, state, local and foreign environmental laws and regulations, including the U.S. Occupational Safety and Health Act, the U.S. Toxic Substances Control Act, the U.S. Resource Conservation and Recovery Act, Superfund Amendments and Reauthorization Act, Comprehensive Environmental Response, Compensation and Liability Act and other current and potential future federal, state or local regulations.

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