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Invacare (Invacare) Shiller PE Ratio : (As of Jun. 24, 2024)


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What is Invacare Shiller PE Ratio?

Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Invacare Shiller PE Ratio Historical Data

The historical data trend for Invacare'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.

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Invacare Shiller PE Ratio Chart

Invacare Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
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Invacare Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Competitive Comparison of Invacare's Shiller PE Ratio

For the Medical Instruments & Supplies subindustry, Invacare'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.


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

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

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



Invacare 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.

Invacare's E10 for the quarter that ended in Mar. 2023 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0/127.3478*127.3478
=0.000

Current CPI (Mar. 2023) = 127.3478.

Invacare Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201306 -0.390 98.518 -0.504
201309 0.500 98.790 0.645
201312 -0.180 98.326 -0.233
201403 -0.560 99.695 -0.715
201406 -0.430 100.560 -0.545
201409 -0.470 100.428 -0.596
201412 -0.290 99.070 -0.373
201503 -0.230 99.621 -0.294
201506 -0.260 100.684 -0.329
201509 -0.240 100.392 -0.304
201512 -0.090 99.792 -0.115
201603 -0.270 100.470 -0.342
201606 -0.360 101.688 -0.451
201609 -0.150 101.861 -0.188
201612 -0.540 101.863 -0.675
201703 -0.520 102.862 -0.644
201706 -0.720 103.349 -0.887
201709 -0.570 104.136 -0.697
201712 -0.540 104.011 -0.661
201803 -0.430 105.290 -0.520
201806 -0.500 106.317 -0.599
201809 -0.360 106.507 -0.430
201812 -0.040 105.998 -0.048
201903 -0.420 107.251 -0.499
201906 -0.380 108.070 -0.448
201909 -0.240 108.329 -0.282
201912 0.000 108.420 0.000
202003 0.000 108.902 0.000
202006 0.000 108.767 0.000
202009 0.000 109.815 0.000
202012 0.000 109.897 0.000
202103 0.000 111.754 0.000
202106 0.000 114.631 0.000
202109 0.000 115.734 0.000
202112 0.000 117.630 0.000
202203 0.000 121.301 0.000
202206 0.000 125.017 0.000
202209 0.000 125.227 0.000
202212 0.000 125.222 0.000
202303 0.000 127.348 0.000

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.


Invacare  (GREY:IVCRB) 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.


Invacare Shiller PE Ratio Related Terms

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Invacare (Invacare) Business Description

Traded in Other Exchanges
N/A
Address
One Invacare Way, Elyria, OH, USA, 44035-4190
Invacare Corp makes and distributes medical equipment used in non-acute care settings. Its products are primarily sold to home medical equipment providers, residential living operators, distributors, and government health services. The firm sells products in three categories: mobility and seating, lifestyle, and respiratory therapy. Its mobility and seating products include power wheelchairs, custom manual wheelchairs, and positioning cushions. Its lifestyle products include manual wheelchairs, crutches, walkers, and homecare beds. Its respiratory products include stationary and portable oxygen concentrators and non-delivery oxygen technology. Invacare receives the largest proportion of revenue from sales in Europe.