GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Abbott Laboratories (XBUL:ABL) » Definitions » Shiller PE Ratio

Abbott Laboratories (XBUL:ABL) Shiller PE Ratio : 34.79 (As of Mar. 23, 2025)


View and export this data going back to 2022. Start your Free Trial

What is Abbott Laboratories Shiller PE Ratio?

As of today (2025-03-23), Abbott Laboratories's current share price is лв106.12. Abbott Laboratories's E10 for the quarter that ended in Dec. 2024 was лв3.05. Abbott Laboratories's Shiller PE Ratio for today is 34.79.

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

XBUL:ABL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.4   Med: 37.68   Max: 59.98
Current: 39.02

During the past years, Abbott Laboratories's highest Shiller PE Ratio was 59.98. The lowest was 13.40. And the median was 37.68.

XBUL:ABL's Shiller PE Ratio is ranked worse than
66.8% of 256 companies
in the Medical Devices & Instruments industry
Industry Median: 28.485 vs XBUL:ABL: 39.02

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.

Abbott Laboratories's adjusted earnings per share data for the three months ended in Dec. 2024 was лв9.526. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is лв3.05 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Abbott Laboratories Shiller PE Ratio Historical Data

The historical data trend for Abbott Laboratories'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.

Abbott Laboratories Shiller PE Ratio Chart

Abbott Laboratories Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.66 60.01 45.54 42.23 34.81

Abbott Laboratories Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 42.23 42.22 37.89 40.74 34.81

Competitive Comparison of Abbott Laboratories's Shiller PE Ratio

For the Medical Devices subindustry, Abbott Laboratories'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.


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

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

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



Abbott Laboratories 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.

Abbott Laboratories's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=106.12/3.05
=34.79

* 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.

Abbott Laboratories's E10 for the quarter that ended in Dec. 2024 is calculated as:

For example, Abbott Laboratories's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=9.526/133.1571*133.1571
=9.526

Current CPI (Dec. 2024) = 133.1571.

Abbott Laboratories Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 2.730 99.621 3.649
201506 0.940 100.684 1.243
201509 0.687 100.392 0.911
201512 0.922 99.792 1.230
201603 0.380 100.470 0.504
201606 0.741 101.688 0.970
201609 -0.398 101.861 -0.520
201612 0.958 101.863 1.252
201703 0.434 102.862 0.562
201706 0.289 103.349 0.372
201709 0.615 104.136 0.786
201712 -0.868 104.011 -1.111
201803 0.416 105.290 0.526
201806 0.741 106.317 0.928
201809 0.578 106.507 0.723
201812 0.669 105.998 0.840
201903 0.687 107.251 0.853
201906 1.012 108.070 1.247
201909 0.958 108.329 1.178
201912 1.067 108.420 1.310
202003 0.560 108.902 0.685
202006 0.542 108.767 0.664
202009 1.247 109.815 1.512
202012 2.169 109.897 2.628
202103 1.808 111.754 2.154
202106 1.193 114.631 1.386
202109 2.115 115.734 2.433
202112 2.007 117.630 2.272
202203 2.476 121.301 2.718
202206 2.061 125.017 2.195
202209 1.464 125.227 1.557
202212 1.067 125.222 1.135
202303 1.356 127.348 1.418
202306 1.410 128.729 1.459
202309 1.482 129.860 1.520
202312 1.645 129.419 1.693
202403 1.265 131.776 1.278
202406 1.338 132.554 1.344
202409 1.699 133.029 1.701
202412 9.526 133.157 9.526

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.


Abbott Laboratories  (XBUL:ABL) 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.


Abbott Laboratories Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Abbott Laboratories's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Abbott Laboratories Business Description

Address
100 Abbott Park Road, Abbott Park, IL, USA, 60064-6400
Abbott manufactures and markets cardiovascular and diabetes devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. Products include pacemakers, implantable cardioverter defibrillators, neuromodulation devices, coronary stents, catheters, infant formula, nutritional liquids for adults, continuous glucose monitors, and immunoassays and point-of-care diagnostic equipment. Abbott derives approximately 60% of sales outside the United States.