GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Mercator Medical SA (FRA:MM2) » Definitions » Shiller PE Ratio

Mercator Medical (FRA:MM2) Shiller PE Ratio : 3.06 (As of May. 27, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Mercator Medical Shiller PE Ratio?

As of today (2024-05-27), Mercator Medical's current share price is €11.02. Mercator Medical's E10 for the quarter that ended in Dec. 2023 was €3.60. Mercator Medical's Shiller PE Ratio for today is 3.06.

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

FRA:MM2' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.43   Med: 2.7   Max: 3.24
Current: 2.81

During the past years, Mercator Medical's highest Shiller PE Ratio was 3.24. The lowest was 2.43. And the median was 2.70.

FRA:MM2's Shiller PE Ratio is ranked better than
99.31% of 288 companies
in the Medical Devices & Instruments industry
Industry Median: 26.355 vs FRA:MM2: 2.81

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.

Mercator Medical's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.245. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.60 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercator Medical Shiller PE Ratio Historical Data

The historical data trend for Mercator Medical'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.

Mercator Medical Shiller PE Ratio Chart

Mercator Medical Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.19 2.58

Mercator Medical Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.19 2.79 2.69 2.64 2.58

Competitive Comparison of Mercator Medical's Shiller PE Ratio

For the Medical Instruments & Supplies subindustry, Mercator Medical'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.


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

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

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



Mercator Medical 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.

Mercator Medical's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=11.02/3.6
=3.06

* 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.

Mercator Medical's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Mercator Medical's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.245/147.7411*147.7411
=0.245

Current CPI (Dec. 2023) = 147.7411.

Mercator Medical Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.043 101.262 0.063
201406 0.064 101.180 0.093
201409 0.098 100.611 0.144
201412 0.074 100.122 0.109
201503 0.086 100.041 0.127
201506 0.069 100.448 0.101
201509 0.069 99.634 0.102
201512 0.057 99.471 0.085
201603 0.071 98.983 0.106
201606 0.109 99.552 0.162
201609 0.133 99.064 0.198
201612 0.038 100.366 0.056
201703 0.000 101.018 0.000
201706 0.019 101.180 0.028
201709 0.048 101.343 0.070
201712 0.043 102.564 0.062
201803 0.109 102.564 0.157
201806 0.021 103.378 0.030
201809 0.040 103.378 0.057
201812 0.002 103.785 0.003
201903 -0.083 104.274 -0.118
201906 0.038 105.983 0.053
201909 0.019 105.983 0.026
201912 -0.029 107.123 -0.040
202003 0.478 109.076 0.647
202006 4.697 109.402 6.343
202009 7.982 109.320 10.787
202012 7.815 109.565 10.538
202103 6.550 112.658 8.590
202106 2.647 113.960 3.432
202109 1.025 115.588 1.310
202112 0.283 119.088 0.351
202203 0.169 125.031 0.200
202206 -0.271 131.705 -0.304
202209 0.442 135.531 0.482
202212 -5.006 139.113 -5.316
202303 -0.433 145.950 -0.438
202306 0.238 147.009 0.239
202309 -0.497 146.113 -0.503
202312 0.245 147.741 0.245

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.


Mercator Medical  (FRA:MM2) 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.


Mercator Medical Shiller PE Ratio Related Terms

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


Mercator Medical (FRA:MM2) Business Description

Traded in Other Exchanges
Address
Ulica H. Modrzejewska 30, Krakow, POL, 31-327
Mercator Medical SA produces and sells medical gloves and distributor of medical disposables. The company's products - mainly gloves, dressings, disposable clothing and surgical drapes. It operates in Europe and Russia.

Mercator Medical (FRA:MM2) Headlines

No Headlines