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AlconXSWX:ALC -0.56%70 Shiller PE Ratio is 152.49 as of Aug. 06, 2026, which is 10% below its 10-year median of 169.73. GuruFocus rates XSWX:ALC with a GF Score™ of 70/100 and a GF Value™ of CHF74.21 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 310 Medical Devices & Instruments companies, Alcon ranks worse than 96.13% on this metric.
As of today (2026-08-06), Alcon's current share price is CHF56.42. Alcon's E10 for the fiscal year that ended in Dec25 was CHF0.37. Alcon's Shiller PE Ratio for today is 152.49.
The historical rank and industry rank for Alcon's Shiller PE Ratio or its related term are showing as below:
XSWX:ALC'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 151.4 Med: 169.73 Max: 180.7
Current: 151.4
During the past 10 years, Alcon's highest Shiller PE Ratio was 180.70. The lowest was 151.40. And the median was 169.73.
XSWX:ALC's Shiller PE Ratio is ranked worse than 96.13% of 310
companies
in the Medical Devices & Instruments industry
Industry Median: 25.59
vs XSWX:ALC: 151.40
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.
Alcon's adjusted earnings per share data of for the fiscal year that ended in Dec25 was CHF1.578. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is CHF0.37 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
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.
Alcon Shiller PE Ratio Related Terms
Alcon Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Alcon'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.
XSWX:ALC vs ISRG, BDX, MDLN: Shiller PE Ratio Comparison
For the Medical Instruments & Supplies subindustry, Alcon'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.
Alcon Shiller PE Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Alcon's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Alcon's Shiller PE Ratio falls into.
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.
Alcon's Shiller PE Ratio for today is calculated as
* 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.
Alcon's E10 for the fiscal year that ended in Dec25 is calculated as:
For example, Alcon's adjusted earnings per share data for the fiscal year that ended in Dec25 was:
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.
Alcon (XSWX:ALC) has a Shiller PE Ratio of 152.49 as of Aug. 06, 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 Alcon and its competitors. This is 10% below median its historical median of 169.73. Over the past decade, Alcon's Shiller PE Ratio has ranged from 151.40 to 180.70. According to the industry distribution chart, Alcon ranks #298 out of 310 companies in the Medical Devices & Instruments industry, placing it in the top 96.1%.
Is Alcon's Shiller PE Ratio too high?
Alcon's current Shiller PE Ratio of 152.49 is 10% below median its 10-year median of 169.73. Over the past 10 years, this metric has ranged from a low of 151.40 to a high of 180.70. The Medical Devices & Instruments industry median Shiller PE Ratio is 25.59. Alcon's value of 152.49 is 495.9% above this industry median. Based on the distribution chart, Alcon ranks #298 out of 310 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Alcon has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alcon's Shiller PE Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Alcon ranks #298 out of 310 companies for Shiller PE Ratio. This places Alcon in the lower half of its industry. The industry median Shiller PE Ratio is 25.59. Alcon's value of 152.49 is 495.9% above this benchmark. Historically, Alcon's own Shiller PE Ratio has ranged from 151.40 to 180.70 over the past decade. While the company's 10-year median is 169.73 vs. the industry median of 25.59, Alcon 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 25.59, 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. Alcon's current Shiller PE Ratio of 152.49 is 495.9% 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 Alcon and its competitors. For the Medical Devices & Instruments industry, the median Shiller PE Ratio is 25.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alcon's current Shiller PE Ratio is 152.49, which is 10% below median its own 10-year median of 169.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alcon stock overvalued right now?
Based on GuruFocus' analysis, Alcon (XSWX:ALC) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF74.21, compared to a current price of CHF56.42 — trading 24% below its estimated fair value. The current Shiller PE Ratio is 152.49, which is 10% below median its 10-year median of 169.73 and 495.9% above the Medical Devices & Instruments industry median of 25.59. Alcon's overall GF Score™ is 70/100 with 3 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 Alcon (XSWX:ALC), the current Shiller PE Ratio is 152.49 as of Aug. 06, 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 Alcon (XSWX:ALC) Overvalued in 2026?
Based on GuruFocus' analysis, Alcon stock appears to be undervalued.
The current stock price of CHF56.42 is trading 24% below its estimated GF Value™ of CHF74.21.
GuruFocus considers Alcon to be Modestly Undervalued.
Key valuation signals for XSWX:ALC:
Shiller PE Ratio: 152.49 (10% below median its 10-year median of 169.73)
GF Value™: CHF74.21 vs. price of CHF56.42 (24% below fair value)
Industry Position: 495.9% above the Medical Devices & Instruments median (#298 of 310)
No single metric tells the full story. See the XSWX:ALC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alcon is one of the leading visioncare companies in the world. Following nine years as a Novartis subsidiary, it was spun off as a public company in April 2019. Alcon operates in two segments: visioncare and surgical. Visioncare comprises contact lenses, lenscare solutions, and a suite of ocular health products. With brands like Dailies, Total1, and Air Optix, Alcon controls about one fourth of the US contact lens market. Surgical comprises intraocular lenses, ophthalmic surgical equipment, and consumables used during surgeries. Its main products include Centurion, a phacoemulsification device used during cataract surgeries, and a portfolio of IOLs including PanOptix and Vivity. Alcon has one of the largest installed bases of eye surgical equipment in the world.
70GF Score
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