IOBCF (Ion Beam Applications) Shiller PE Ratio: 96.32 (As of Jul. 28, 2026) — 189% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IOBCF Ion Beam Applications SA IOBCF
82 GF Score
Price $18.30
GF Value $18.53
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Ion Beam Applications Shiller PE Ratio?

Ion Beam Applications IOBCF 82 Shiller PE Ratio is 96.32 as of Jul. 28, 2026, which is 189% above its 10-year median of 33.29. GuruFocus rates IOBCF with a GF Score™ of 82/100 and a GF Value™ of $18.53 (Fairly Valued). The stock has 9 warning signs investors should review. Among 310 Medical Devices & Instruments companies, Ion Beam Applications ranks worse than 94.19% on this metric.

As of today (2026-07-28), Ion Beam Applications's current share price is $18.30. Ion Beam Applications's E10 for the fiscal year that ended in Dec25 was $0.19. Ion Beam Applications's Shiller PE Ratio for today is 96.32.

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

IOBCF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.48   Med: 33.29   Max: 904
Current: 102.19

During the past 13 years, Ion Beam Applications's highest Shiller PE Ratio was 904.00. The lowest was 17.48. And the median was 33.29.

IOBCF's Shiller PE Ratio is ranked worse than
94.19% of 310 companies
in the Medical Devices & Instruments industry
Industry Median: 25.01 vs IOBCF: 102.19

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.

Ion Beam Applications's adjusted earnings per share data of for the fiscal year that ended in Dec25 was $0.492. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.19 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ion Beam Applications  (OTCPK:IOBCF) 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.


Ion Beam Applications Shiller PE Ratio Related Terms


Ion Beam Applications Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Ion Beam Applications'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.

Ion Beam Applications Shiller PE Ratio Chart

Ion Beam Applications Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.95 32.41 25.07 34.25 80.41

Ion Beam Applications Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 25.07 0.00 34.25 0.00 80.41

IOBCF vs ABT, SYK, MDT: Shiller PE Ratio Comparison

For the Medical Devices subindustry, Ion Beam Applications'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.


Ion Beam Applications Shiller PE Ratio vs Medical Devices & Instruments Industry

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

* The bar in red indicates where Ion Beam Applications's Shiller PE Ratio falls into.


IOBCF
82GF Score
Ion Beam Applications SA IOBCF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ion Beam Applications 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.

Ion Beam Applications's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=18.30/0.19
=96.32

* 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.

Ion Beam Applications's E10 for the fiscal year that ended in Dec25 is calculated as:

For example, Ion Beam Applications's adjusted earnings per share data for the fiscal year that ended in Dec25 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.492/135.0700*135.0700
=0.492

Current CPI (Dec25) = 135.0700.

Ion Beam Applications Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201612 0.874 102.614 1.150
201712 -1.591 104.804 -2.050
201812 -0.171 107.252 -0.215
201912 0.287 108.065 0.359
202012 1.307 108.511 1.627
202112 0.145 114.705 0.171
202212 0.213 126.578 0.227
202312 -0.341 128.292 -0.359
202412 0.329 132.346 0.336
202512 0.492 135.070 0.492

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 96.32 mean?
Ion Beam Applications (IOBCF) has a Shiller PE Ratio of 96.32 as of Jul. 28, 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 Ion Beam Applications and its competitors. This is 189% above median its historical median of 33.29. Over the past decade, Ion Beam Applications' Shiller PE Ratio has ranged from 17.48 to 904.00. According to the industry distribution chart, Ion Beam Applications ranks #292 out of 310 companies in the Medical Devices & Instruments industry, placing it in the top 94.2%.
Is Ion Beam Applications' Shiller PE Ratio too high?
Ion Beam Applications' current Shiller PE Ratio of 96.32 is 189% above median its 10-year median of 33.29. Over the past 10 years, this metric has ranged from a low of 17.48 to a high of 904.00. The Medical Devices & Instruments industry median Shiller PE Ratio is 25.01. Ion Beam Applications' value of 96.32 is 285.1% above this industry median. Based on the distribution chart, Ion Beam Applications ranks #292 out of 310 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Ion Beam Applications has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ion Beam Applications' Shiller PE Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Ion Beam Applications ranks #292 out of 310 companies for Shiller PE Ratio. This places Ion Beam Applications in the lower half of its industry. The industry median Shiller PE Ratio is 25.01. Ion Beam Applications' value of 96.32 is 285.1% above this benchmark. Historically, Ion Beam Applications' own Shiller PE Ratio has ranged from 17.48 to 904.00 over the past decade. While the company's 10-year median is 33.29 vs. the industry median of 25.01, Ion Beam Applications 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 25.01, based on 310 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. Ion Beam Applications's current Shiller PE Ratio of 96.32 is 285.1% 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 Ion Beam Applications and its competitors. For the Medical Devices & Instruments industry, the median Shiller PE Ratio is 25.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ion Beam Applications's current Shiller PE Ratio is 96.32, which is 189% above median its own 10-year median of 33.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ion Beam Applications stock overvalued right now?
Based on GuruFocus' analysis, Ion Beam Applications (IOBCF) is currently considered Fairly Valued. The stock's GF Value™ is $18.53, compared to a current price of $18.30 — trading 1.2% below its estimated fair value. The current Shiller PE Ratio is 96.32, which is 189% above median its 10-year median of 33.29 and 285.1% above the Medical Devices & Instruments industry median of 25.01. Ion Beam Applications' overall GF Score™ is 82/100 with 9 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 Ion Beam Applications (IOBCF), the current Shiller PE Ratio is 96.32 as of Jul. 28, 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 Ion Beam Applications (IOBCF) Overvalued in 2026?

Based on GuruFocus' analysis, Ion Beam Applications stock appears to be undervalued. The current stock price of $18.30 is trading 1.2% below its estimated GF Value™ of $18.53. GuruFocus considers Ion Beam Applications to be Fairly Valued.

Key valuation signals for IOBCF:

  • Shiller PE Ratio: 96.32 (189% above median its 10-year median of 33.29)
  • GF Value™: $18.53 vs. price of $18.30 (1.2% below fair value)
  • GF Score™: 82/100 with 9 warning signs
  • Industry Position: 285.1% above the Medical Devices & Instruments median (#292 of 310)

No single metric tells the full story. See the IOBCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ion Beam Applications Business Description

Address Chemin du Cyclotron, 3, Louvain-La-Neuve, BEL, B-1348
Ion Beam Applications SA develops and manufactures medical devices and software solutions. The firm operates in three segments: IBA Clinical, including Proton Therapy and Dosimetry; IBA Technologies; and IBA Corporate. Proton therapy and other accelerators contribute to the majority of sales. It offers solutions for precision cancer treatment through the use of proton beams, as well as cyclotrons used for the production of radioisotopes and industrial accelerators for sterilization and ionization. The dosimetry business sells measurement and quality assurance instruments for radiotherapy and medical imaging. The firm operates in three geographical areas: Belgium, the United States, China, Germany, and India.
82GF Score

Get the complete analysis for IOBCF

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.30
Price
$18.53
GF Value