Fresenius SE KGaA (MIL:1FRE) Shiller PE Ratio: 15.83 (As of Sep. 22, 2026) — 16% Above Median

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MIL:1FRE Fresenius SE & Co KGaA MIL:1FRE
68 GF Score
Price €45.17
GF Value €39.49
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Fresenius SE KGaA Shiller PE Ratio?

Fresenius SE KGaA MIL:1FRE +0.24% 68 Shiller PE Ratio is 15.83 as of Sep. 22, 2026, which is 16% above its 10-year median of 13.62. GuruFocus rates MIL:1FRE with a GF Score™ of 68/100 and a GF Value™ of €39.49 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 245 Healthcare Providers & Services companies, Fresenius SE KGaA ranks better than 77.55% on this metric.

As of today (2026-09-22), Fresenius SE KGaA's current share price is €45.17. Fresenius SE KGaA's E10 for the quarter that ended in Jun. 2026 was €2.85. Fresenius SE KGaA's Shiller PE Ratio for today is 15.83.

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

MIL:1FRE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.18   Med: 13.62   Max: 41.28
Current: 12.93

During the past years, Fresenius SE KGaA's highest Shiller PE Ratio was 41.28. The lowest was 6.18. And the median was 13.62.

MIL:1FRE's Shiller PE Ratio is ranked better than
77.55% of 245 companies
in the Healthcare Providers & Services industry
Industry Median: 22.64 vs MIL:1FRE: 12.93

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.

Fresenius SE KGaA's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.678. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.85 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fresenius SE KGaA  (MIL:1FRE) 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.


Fresenius SE KGaA Shiller PE Ratio Related Terms


Fresenius SE KGaA Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Fresenius SE KGaA'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.

Fresenius SE KGaA Shiller PE Ratio Chart

Fresenius SE KGaA 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 11.71 8.22 11.25 11.84 17.05

Fresenius SE KGaA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 14.87 16.50 17.15 15.34 13.97

MIL:1FRE vs HCA, THC, EHC: Shiller PE Ratio Comparison

For the Medical Care Facilities subindustry, Fresenius SE KGaA'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.


Fresenius SE KGaA Shiller PE Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Fresenius SE KGaA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fresenius SE KGaA's Shiller PE Ratio falls into.


MIL:1FRE
68GF Score
Fresenius SE & Co KGaA MIL:1FRE
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fresenius SE KGaA 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.

Fresenius SE KGaA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=45.17/2.854
=15.83

* 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.

Fresenius SE KGaA's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Fresenius SE KGaA's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.6782/131.3638*131.3638
=0.678

Current CPI (Jun. 2026) = 131.3638.

Fresenius SE KGaA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.690 101.017 0.897
201612 0.800 101.217 1.038
201703 0.820 101.417 1.062
201706 0.810 102.117 1.042
201709 0.710 102.717 0.908
201712 0.910 102.617 1.165
201803 0.790 102.917 1.008
201806 1.170 104.017 1.478
201809 0.750 104.718 0.941
201812 0.924 104.217 1.165
201903 0.813 104.217 1.025
201906 0.850 105.718 1.056
201909 0.790 106.018 0.979
201912 0.924 105.818 1.147
202003 0.823 105.718 1.022
202006 0.740 106.618 0.912
202009 0.770 105.818 0.956
202012 0.730 105.518 0.909
202103 0.780 107.518 0.953
202106 0.840 108.486 1.017
202109 0.740 109.435 0.888
202112 0.894 110.384 1.063
202203 0.747 113.968 0.861
202206 0.684 115.760 0.776
202209 0.576 118.818 0.636
202212 0.457 119.345 0.503
202303 0.621 122.402 0.666
202306 -0.208 123.140 -0.222
202309 -0.728 124.195 -0.770
202312 -1.090 123.773 -1.157
202403 0.494 125.038 0.519
202406 -0.662 125.882 -0.691
202409 0.579 126.198 0.602
202412 0.426 127.041 0.441
202503 0.407 127.779 0.418
202506 0.586 128.412 0.599
202509 0.611 129.255 0.621
202512 0.641 129.361 0.651
202603 0.772 131.258 0.773
202606 0.678 131.364 0.678

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 15.83 mean?
Fresenius SE KGaA (MIL:1FRE) has a Shiller PE Ratio of 15.83 as of Sep. 22, 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 Fresenius SE KGaA and its competitors. This is 16% above median its historical median of 13.62. Over the past decade, Fresenius SE KGaA's Shiller PE Ratio has ranged from 6.18 to 41.28. According to the industry distribution chart, Fresenius SE KGaA ranks #55 out of 245 companies in the Healthcare Providers & Services industry, placing it in the top 22.4%.
Is Fresenius SE KGaA's Shiller PE Ratio too high?
Fresenius SE KGaA's current Shiller PE Ratio of 15.83 is 16% above median its 10-year median of 13.62. Over the past 10 years, this metric has ranged from a low of 6.18 to a high of 41.28. The Healthcare Providers & Services industry median Shiller PE Ratio is 22.64. Fresenius SE KGaA's value of 15.83 is 30.1% below this industry median. Based on the distribution chart, Fresenius SE KGaA ranks #55 out of 245 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Fresenius SE KGaA has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fresenius SE KGaA's Shiller PE Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Fresenius SE KGaA ranks #55 out of 245 companies for Shiller PE Ratio. This places Fresenius SE KGaA in the top 22% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 22.64. Fresenius SE KGaA's value of 15.83 is 30.1% below this benchmark. Historically, Fresenius SE KGaA's own Shiller PE Ratio has ranged from 6.18 to 41.28 over the past decade. While the company's 10-year median is 13.62 vs. the industry median of 22.64, Fresenius SE KGaA has consistently been below 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 Healthcare Providers & Services company?
The median Shiller PE Ratio among Healthcare Providers & Services companies is 22.64, based on 245 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. Fresenius SE KGaA's current Shiller PE Ratio of 15.83 is 30.1% below 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 Fresenius SE KGaA and its competitors. For the Healthcare Providers & Services industry, the median Shiller PE Ratio is 22.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fresenius SE KGaA's current Shiller PE Ratio is 15.83, which is 16% above median its own 10-year median of 13.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fresenius SE KGaA stock overvalued right now?
Based on GuruFocus' analysis, Fresenius SE KGaA (MIL:1FRE) is currently considered Modestly Overvalued. The stock's GF Value™ is €39.49, compared to a current price of €45.17 — trading 14.4% above its estimated fair value. The current Shiller PE Ratio is 15.83, which is 16% above median its 10-year median of 13.62 and 30.1% below the Healthcare Providers & Services industry median of 22.64. Fresenius SE KGaA's overall GF Score™ is 68/100 with 5 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 Fresenius SE KGaA (MIL:1FRE), the current Shiller PE Ratio is 15.83 as of Sep. 22, 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 Fresenius SE KGaA (MIL:1FRE) Overvalued in 2026?

Based on GuruFocus' analysis, Fresenius SE KGaA stock appears to be overvalued. The current stock price of €45.17 is trading 14.4% above its estimated GF Value™ of €39.49. GuruFocus considers Fresenius SE KGaA to be Modestly Overvalued.

Key valuation signals for MIL:1FRE:

  • Shiller PE Ratio: 15.83 (16% above median its 10-year median of 13.62)
  • GF Value™: €39.49 vs. price of €45.17 (14.4% above fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 30.1% below the Healthcare Providers & Services median (#55 of 245)

No single metric tells the full story. See the MIL:1FRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fresenius SE KGaA Business Description

Address Else-Kroener-Strasse 1, Bad Homburg, HE, DEU, 61352
Fresenius is a healthcare holding company based in Germany. The company owns a minority stake in dialysis service provider and equipment manufacturer Fresenius Medical Care. The Kabi segment manufactures intravenous drugs, nutrition products, infusion and transfusion therapies, and related pumps. The Helios segment operates private hospitals primarily in Germany and Spain.
68GF Score

Get the complete analysis for MIL:1FRE

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

€45.17
Price
€39.49
GF Value