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The Cooper (MEX:COO) Shiller PE Ratio : 29.48 (As of Jun. 21, 2024)


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What is The Cooper Shiller PE Ratio?

As of today (2024-06-21), The Cooper's current share price is MXN1696.00. The Cooper's E10 for the quarter that ended in Apr. 2024 was MXN57.53. The Cooper's Shiller PE Ratio for today is 29.48.

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

MEX:COO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.13   Med: 47.64   Max: 65.07
Current: 27.29

During the past years, The Cooper's highest Shiller PE Ratio was 65.07. The lowest was 19.13. And the median was 47.64.

MEX:COO's Shiller PE Ratio is ranked worse than
54.55% of 286 companies
in the Medical Devices & Instruments industry
Industry Median: 25.065 vs MEX:COO: 27.29

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.

The Cooper's adjusted earnings per share data for the three months ended in Apr. 2024 was MXN7.508. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN57.53 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Cooper Shiller PE Ratio Historical Data

The historical data trend for The Cooper'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.

The Cooper Shiller PE Ratio Chart

The Cooper Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.99 54.48 34.84 20.98 23.50

The Cooper Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 29.06 29.73 23.50 28.11 26.49

Competitive Comparison of The Cooper's Shiller PE Ratio

For the Medical Instruments & Supplies subindustry, The Cooper'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.


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

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

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



The Cooper 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.

The Cooper's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1696.00/57.53
=29.48

* 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.

The Cooper's E10 for the quarter that ended in Apr. 2024 is calculated as:

For example, The Cooper's adjusted earnings per share data for the three months ended in Apr. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=7.508/132.2892*132.2892
=7.508

Current CPI (Apr. 2024) = 132.2892.

The Cooper Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201407 5.957 100.520 7.840
201410 2.123 100.176 2.804
201501 4.689 98.604 6.291
201504 4.731 99.824 6.270
201507 3.654 100.691 4.801
201510 3.099 100.346 4.085
201601 4.780 99.957 6.326
201604 6.532 100.947 8.560
201607 8.396 101.524 10.940
201610 5.778 101.988 7.495
201701 7.970 102.456 10.291
201704 10.035 103.167 12.868
201707 9.331 103.278 11.952
201710 8.512 104.070 10.820
201801 -11.638 104.578 -14.722
201804 5.772 105.708 7.223
201807 9.438 106.324 11.743
201810 10.229 106.695 12.683
201901 9.860 106.200 12.282
201904 11.634 107.818 14.274
201907 11.396 108.250 13.927
201910 11.600 108.577 14.133
202001 8.595 108.841 10.447
202004 1.379 108.173 1.686
202007 6.223 109.318 7.531
202010 8.723 109.861 10.504
202101 214.247 110.364 256.809
202104 11.900 112.673 13.972
202107 61.374 115.183 70.489
202110 11.354 116.696 12.871
202201 9.854 118.619 10.990
202204 12.979 121.978 14.076
202207 10.080 125.002 10.668
202210 6.550 125.734 6.891
202301 8.083 126.223 8.471
202304 3.598 127.992 3.719
202307 7.147 128.974 7.331
202310 7.673 129.810 7.820
202401 7.042 130.124 7.159
202404 7.508 132.289 7.508

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.


The Cooper  (MEX:COO) 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.


The Cooper Shiller PE Ratio Related Terms

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The Cooper (MEX:COO) Business Description

Traded in Other Exchanges
Address
6101 Bollinger Canyon Road, Suite 500, San Ramon, CA, USA, 94583
The Cooper Companies is one of the largest eye care companies in the U.S. It operates in two segments: CooperVision and CooperSurgical. CooperVision is a pure-play contact lens business and is composed of a suite of spherical, multifocal, and toric contact lenses. The company also has one of the most comprehensive specialty lens portfolios in the world. With brands including Proclear, Biofinity, MyDay, and clariti, Cooper controls roughly a quarter of the U.S. contact lens market. CooperSurgical, founded in 1990, is made up of equipment related to reproductive care, fertility, and women's care. Cooper has the broadest medical device coverage of the entire IVF cycle. It also has Paragard, the only hormone-free IUD in the U.S., and controls 17% of the U.S. IUD market.