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ICU MedicalICUI -0.02%81 Shiller PE Ratio is 103.69 as of Aug. 21, 2026, which is 65% above its 10-year median of 62.92. GuruFocus rates ICUI with a GF Score™ of 81/100 and a GF Value™ of $120.63 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 311 Medical Devices & Instruments companies, ICU Medical ranks worse than 93.89% on this metric.
As of today (2026-08-21), ICU Medical's current share price is $182.50. ICU Medical's E10 for the quarter that ended in Jun. 2026 was $1.76. ICU Medical's Shiller PE Ratio for today is 103.69.
The historical rank and industry rank for ICU Medical's Shiller PE Ratio or its related term are showing as below:
ICUI'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 27.86 Med: 62.92 Max: 111.16
Current: 103.69
During the past years, ICU Medical's highest Shiller PE Ratio was 111.16. The lowest was 27.86. And the median was 62.92.
ICUI's Shiller PE Ratio is ranked worse than 93.89% of 311
companies
in the Medical Devices & Instruments industry
Industry Median: 26.78
vs ICUI: 103.69
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.
ICU Medical's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.760. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.76 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
ICU Medical (NAS:ICUI) 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.
ICU Medical Shiller PE Ratio Related Terms
ICU Medical Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for ICU 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.
ICUI vs NVST, MMSI, MMED: Shiller PE Ratio Comparison
For the Medical Instruments & Supplies subindustry, ICU 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.
ICU Medical Shiller PE Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, ICU Medical's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where ICU Medical's Shiller PE Ratio falls into.
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.
ICU Medical's Shiller PE Ratio for today is calculated as
* 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.
ICU Medical's E10 for the quarter that ended in Jun. 2026 is calculated as:
For example, ICU Medical's adjusted earnings per share data for the three months ended in Jun. 2026 was:
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.
ICU Medical (ICUI) has a Shiller PE Ratio of 103.69 as of Aug. 21, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on ICU Medical and its competitors. This is 65% above median its historical median of 62.92. Over the past decade, ICU Medical's Shiller PE Ratio has ranged from 27.86 to 111.16. According to the industry distribution chart, ICU Medical ranks #292 out of 311 companies in the Medical Devices & Instruments industry, placing it in the top 93.9%.
Is ICU Medical's Shiller PE Ratio too high?
ICU Medical's current Shiller PE Ratio of 103.69 is 65% above median its 10-year median of 62.92. Over the past 10 years, this metric has ranged from a low of 27.86 to a high of 111.16. The Medical Devices & Instruments industry median Shiller PE Ratio is 26.78. ICU Medical's value of 103.69 is 287.2% above this industry median. Based on the distribution chart, ICU Medical ranks #292 out of 311 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, ICU Medical has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ICU Medical's Shiller PE Ratio compare to NVST and MMSI?
According to the Medical Devices & Instruments industry distribution chart, ICU Medical ranks #292 out of 311 companies for Shiller PE Ratio. This places ICU Medical in the lower half of its industry. The industry median Shiller PE Ratio is 26.78. ICU Medical's value of 103.69 is 287.2% above this benchmark. Historically, ICU Medical's own Shiller PE Ratio has ranged from 27.86 to 111.16 over the past decade. While the company's 10-year median is 62.92 vs. the industry median of 26.78, ICU Medical has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Medical Devices & Instruments company?
The median Shiller PE Ratio among Medical Devices & Instruments companies is 26.78, based on 311 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ICU Medical's current Shiller PE Ratio of 103.69 is 287.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on ICU Medical and its competitors. For the Medical Devices & Instruments industry, the median Shiller PE Ratio is 26.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICU Medical's current Shiller PE Ratio is 103.69, which is 65% above median its own 10-year median of 62.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICU Medical stock overvalued right now?
Based on GuruFocus' analysis, ICU Medical (ICUI) is currently considered Significantly Overvalued. The stock's GF Value™ is $120.63, compared to a current price of $182.50 — trading 51.3% above its estimated fair value. The current Shiller PE Ratio is 103.69, which is 65% above median its 10-year median of 62.92 and 287.2% above the Medical Devices & Instruments industry median of 26.78. ICU Medical's overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For ICU Medical (ICUI), the current Shiller PE Ratio is 103.69 as of Aug. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ICU Medical (ICUI) Overvalued in 2026?
Based on GuruFocus' analysis, ICU Medical stock appears to be overvalued.
The current stock price of $182.50 is trading 51.3% above its estimated GF Value™ of $120.63.
GuruFocus considers ICU Medical to be Significantly Overvalued.
Key valuation signals for ICUI:
Shiller PE Ratio: 103.69 (65% above median its 10-year median of 62.92)
GF Value™: $120.63 vs. price of $182.50 (51.3% above fair value)
Industry Position: 287.2% above the Medical Devices & Instruments median (#292 of 311)
No single metric tells the full story. See the ICUI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ICU Medical is a California-based pure-play infusion therapy company that provides consumables, systems, and services for virtually every component of the IV continuum of care. ICU has become one of the largest players in its industry following its acquisition of Hospira Infusion Systems from Pfizer in 2017 and Smiths Medical from Smiths Group in 2022. It holds top-tier positions across its three reporting segments: consumables (50% of consolidated revenue), infusion systems (30%), and vital care (20%). The combined entity remains primarily US-focused, generating over 60% of its sales domestically.
81GF Score
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