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ArthroCare (FRA:BQK) Shiller PE Ratio : 1,752.50 (As of May. 12, 2024)


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What is ArthroCare Shiller PE Ratio?

As of today (2024-05-12), ArthroCare's current share price is €35.05. ArthroCare's E10 for the quarter that ended in Mar. 2014 was €0.02. ArthroCare's Shiller PE Ratio for today is 1,752.50.

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

FRA:BQK's Shiller PE Ratio is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 27.56
* 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.

ArthroCare's adjusted earnings per share data for the three months ended in Mar. 2014 was €0.072. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.02 for the trailing ten years ended in Mar. 2014.

Shiller PE for Stocks: The True Measure of Stock Valuation


ArthroCare Shiller PE Ratio Historical Data

The historical data trend for ArthroCare'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.

ArthroCare Shiller PE Ratio Chart

ArthroCare Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,063.45 194.68 147.70 157.71 800.41

ArthroCare Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 153.65 307.66 421.02 800.41 9,430.53

Competitive Comparison of ArthroCare's Shiller PE Ratio

For the Medical Devices subindustry, ArthroCare'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.


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

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

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



ArthroCare 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.

ArthroCare's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=35.05/0.02
=1,752.50

* 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.

ArthroCare's E10 for the quarter that ended in Mar. 2014 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2014 (Change)*Current CPI (Mar. 2014)
=0.072/99.6945*99.6945
=0.072

Current CPI (Mar. 2014) = 99.6945.

ArthroCare Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200406 0.115 80.037 0.143
200409 0.131 80.121 0.163
200412 -1.131 80.290 -1.404
200503 0.091 81.555 0.111
200506 0.156 82.062 0.190
200509 0.221 83.876 0.263
200512 0.260 83.032 0.312
200603 0.216 84.298 0.255
200606 0.221 85.606 0.257
200609 0.244 85.606 0.284
200612 0.226 85.142 0.265
200703 0.189 86.640 0.217
200706 0.276 87.906 0.313
200709 0.280 87.964 0.317
200712 -0.696 88.616 -0.783
200803 0.219 90.090 0.242
200806 -0.077 92.320 -0.083
200809 -0.125 92.307 -0.135
200812 -0.810 88.697 -0.910
200903 -0.184 89.744 -0.204
200906 -0.071 91.003 -0.078
200909 -0.809 91.120 -0.885
200912 0.180 91.111 0.197
201003 0.177 91.821 0.192
201006 0.180 91.962 0.195
201009 0.191 92.162 0.207
201012 0.277 92.474 0.299
201103 0.257 94.283 0.272
201106 0.236 95.235 0.247
201109 0.036 95.727 0.037
201112 -0.809 95.213 -0.847
201203 0.273 96.783 0.281
201206 0.271 96.819 0.279
201209 0.210 97.633 0.214
201212 0.267 96.871 0.275
201303 0.232 98.209 0.236
201306 -0.205 98.518 -0.207
201309 0.202 98.790 0.204
201312 0.260 98.326 0.264
201403 0.072 99.695 0.072

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.


ArthroCare  (FRA:BQK) 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.


ArthroCare Shiller PE Ratio Related Terms

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ArthroCare (FRA:BQK) Business Description

Traded in Other Exchanges
N/A
Address
ArthroCare was incorporated in California in 1993 and reincorporated in Delaware in 1995. The Company is a multi-business medical device Company that develops, manufactures and markets minimally invasive surgical products, many of which are based on its patented Coblation(r) technology. The Company has grown well beyond its roots in arthroscopy to capitalize on numerous market opportunities across several medical specialties, improving many existing soft-tissue surgical procedures and enabling new minimally invasive procedures. With its innovative technologies, the Company is improving the lives of individuals suffering from conditions as diverse as torn rotator cuffs and anterior cruciate ligaments to herniated discs and enlarged tonsils/tonsillitis. The Company currently markets minimally invasive surgical products across three core business units-ArthroCare Sports Medicine, which include shoulder and knee arthroscopic products; ArthroCare Spine, which include spinal and neurosurgery products; and ArthroCare Ear, Nose and Throat, which include ear, nose, throat and the Visage(r) cosmetic products; - but also has developed, manufactured and marketed Coblation-based and complementary products for application in neurology, cosmetic surgery, urology and gynecology, with research continuing in additional areas. In each of its core business units, the Company is focusing on driving the application of enabling technologies, primarily for plasma-based soft tissue removal, and increasing the number of minimally invasive procedures being performed. The Company is marketing and selling its arthroscopic/sports medicine, spinal surgery, ENT and cosmetic surgery products using a combination of distributors supported by regional sales mangers, a direct sales force and corporate partners to sell its products both domestically and internationally. The Company owns over 170 issued U.S. patents and over 195 issued international patents. The Company's products are considered medical devices and are subject to regulation in the United States, with the approval of FDA for each of its products. Its primary competitors include Medtronic, Inc., Smith & Nephew, Stryker Corporation, Johnson & Johnson, Olympus (through its subsidiary Gyrus) and Arthrex, Inc.

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