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Cerner (FRA:CRE) Shiller PE Ratio : 46.98 (As of May. 27, 2024)


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What is Cerner Shiller PE Ratio?

As of today (2024-05-27), Cerner's current share price is €87.85. Cerner's E10 for the quarter that ended in Mar. 2022 was €1.87. Cerner's Shiller PE Ratio for today is 46.98.

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

FRA:CRE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 55.53   Med: 64.45   Max: 78.55
Current: 58.37

During the past years, Cerner's highest Shiller PE Ratio was 78.55. The lowest was 55.53. And the median was 64.45.

FRA:CRE's Shiller PE Ratio is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 24.87 vs FRA:CRE: 58.37

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.

Cerner's adjusted earnings per share data for the three months ended in Mar. 2022 was €0.636. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.87 for the trailing ten years ended in Mar. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cerner Shiller PE Ratio Historical Data

The historical data trend for Cerner'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.

Cerner Shiller PE Ratio Chart

Cerner Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 65.61 56.86

Cerner Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 64.43 59.70 56.47 56.86 57.28

Competitive Comparison of Cerner's Shiller PE Ratio

For the Health Information Services subindustry, Cerner'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.


Cerner's Shiller PE Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Cerner's Shiller PE Ratio distribution charts can be found below:

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



Cerner 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.

Cerner's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=87.85/1.87
=46.98

* 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.

Cerner's E10 for the quarter that ended in Mar. 2022 is calculated as:

For example, Cerner's adjusted earnings per share data for the three months ended in Mar. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=0.636/121.3010*121.3010
=0.636

Current CPI (Mar. 2022) = 121.3010.

Cerner Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201206 0.223 96.819 0.279
201209 0.217 97.633 0.270
201212 0.240 96.871 0.301
201303 0.239 98.209 0.295
201306 0.243 98.518 0.299
201309 0.247 98.790 0.303
201312 0.124 98.326 0.153
201403 0.246 99.695 0.299
201406 0.272 100.560 0.328
201409 0.287 100.428 0.347
201412 0.341 99.070 0.418
201503 0.296 99.621 0.360
201506 0.294 100.684 0.354
201509 0.374 100.392 0.452
201512 0.441 99.792 0.536
201603 0.386 100.470 0.466
201606 0.427 101.688 0.509
201609 0.437 101.861 0.520
201612 0.417 101.863 0.497
201703 0.486 102.862 0.573
201706 0.472 103.349 0.554
201709 0.436 104.136 0.508
201712 0.845 104.011 0.985
201803 0.389 105.290 0.448
201806 0.437 106.317 0.499
201809 0.437 106.507 0.498
201812 0.352 105.998 0.403
201903 0.451 107.251 0.510
201906 0.345 108.070 0.387
201909 0.236 108.329 0.264
201912 0.441 108.420 0.493
202003 0.425 108.902 0.473
202006 0.391 108.767 0.436
202009 0.985 109.815 1.088
202012 0.378 109.897 0.417
202103 0.470 111.754 0.510
202106 0.091 114.631 0.096
202109 0.502 115.734 0.526
202112 0.522 117.630 0.538
202203 0.636 121.301 0.636

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.


Cerner  (FRA:CRE) 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.


Cerner Shiller PE Ratio Related Terms

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


Cerner (FRA:CRE) Business Description

Traded in Other Exchanges
N/A
Address
2800 Rock creek Parkway, North Kansas City, MO, USA, 64117
Cerner is a leading supplier of healthcare information technology solutions and tech-enabled services. The company is a long-standing market leader in the electronic health record industry, and along with rival Epic Systems corners a majority of the market for acute care EHR within health systems. The company is guided by the mission of the founding partners to provide seamless medical records across all healthcare providers to improve outcomes. Beyond medical records, the company offers a wide range of technology that supports the clinical, financial, and operational needs of healthcare facilities.

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