GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Titan Medical Inc (FRA:QTNA) » Definitions » Shiller PE Ratio

Titan Medical (FRA:QTNA) Shiller PE Ratio : (As of Apr. 26, 2025)


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

What is Titan Medical Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Titan Medical Shiller PE Ratio Historical Data

The historical data trend for Titan 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.

Titan Medical Shiller PE Ratio Chart

Titan 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 - - - - -

Titan Medical Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Competitive Comparison of Titan Medical's Shiller PE Ratio

For the Medical Devices subindustry, Titan 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.


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

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

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


;
;

Titan 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.

Titan Medical's E10 for the quarter that ended in Jun. 2024 is calculated as:

For example, Titan Medical's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.009/127.5217*127.5217
=-0.009

Current CPI (Jun. 2024) = 127.5217.

Titan Medical Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 -0.698 99.394 -0.896
201412 0.243 98.367 0.315
201503 -2.495 99.789 -3.188
201506 -2.138 100.500 -2.713
201509 -2.940 100.421 -3.733
201512 -3.305 99.947 -4.217
201603 -2.425 101.054 -3.060
201606 -1.335 102.002 -1.669
201609 -0.267 101.765 -0.335
201612 -0.284 101.449 -0.357
201703 -0.842 102.634 -1.046
201706 -0.267 103.029 -0.330
201709 -1.384 103.345 -1.708
201712 -1.014 103.345 -1.251
201803 -0.057 105.004 -0.069
201806 -0.368 105.557 -0.445
201809 -0.351 105.636 -0.424
201812 -0.360 105.399 -0.436
201903 -1.080 106.979 -1.287
201906 -0.407 107.690 -0.482
201909 -0.045 107.611 -0.053
201912 0.153 107.769 0.181
202003 -0.018 107.927 -0.021
202006 -0.018 108.401 -0.021
202009 -0.017 108.164 -0.020
202012 -0.247 108.559 -0.290
202103 -0.126 110.298 -0.146
202106 -0.008 111.720 -0.009
202109 -0.068 112.905 -0.077
202112 0.080 113.774 0.090
202203 -0.073 117.646 -0.079
202206 -0.095 120.806 -0.100
202209 -0.091 120.648 -0.096
202212 -0.104 120.964 -0.110
202303 -0.019 122.702 -0.020
202306 0.092 124.203 0.094
202309 0.000 125.230 0.000
202312 -0.028 125.072 -0.029
202403 -0.009 126.258 -0.009
202406 -0.009 127.522 -0.009

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.


Titan Medical  (FRA:QTNA) 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.


Titan Medical Shiller PE Ratio Related Terms

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


Titan Medical Business Description

Traded in Other Exchanges
N/A
Address
76 Berkeley Street, Toronto, ON, CAN, M5A 2W7
Titan Medical Inc is in the research and development stage and is focused on the continued design and development of robotic-assisted surgical technologies for application in minimally invasive surgery including the development of the Enos robotic single-access surgical system.