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Fresenius Medical Care AGXSWX:FME 76 Shiller PE Ratio is 9.62 as of Sep. 09, 2026, which is 38% below its 10-year median of 15.47. GuruFocus rates XSWX:FME with a GF Score™ of 76/100 and a GF Value™ of CHF40.60. The stock has 3 warning signs investors should review. Among 243 Healthcare Providers & Services companies, Fresenius Medical Care AG ranks better than 89.3% on this metric.
The historical rank and industry rank for Fresenius Medical Care AG's Shiller PE Ratio or its related term are showing as below:
XSWX:FME'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.3 Med: 15.47 Max: 31.79
Current: 9.42
During the past years, Fresenius Medical Care AG's highest Shiller PE Ratio was 31.79. The lowest was 6.30. And the median was 15.47.
XSWX:FME's Shiller PE Ratio is ranked better than 89.3% of 243
companies
in the Healthcare Providers & Services industry
Industry Median: 22.98
vs XSWX:FME: 9.42
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 Medical Care AG's adjusted earnings per share data for the three months ended in Jun. 2026 was CHF0.746. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is CHF3.88 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Fresenius Medical Care AG (XSWX:FME) 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 Medical Care AG Shiller PE Ratio Related Terms
Fresenius Medical Care AG Shiller PE Ratio Historical Data
* 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:FME vs HCA, THC, EHC: Shiller PE Ratio Comparison
For the Medical Care Facilities subindustry, Fresenius Medical Care AG'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 Medical Care AG Shiller PE Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Fresenius Medical Care AG's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Fresenius Medical Care AG's Shiller PE Ratio falls into.
Fresenius Medical Care AG 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.
* 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.
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.
Fresenius Medical Care AG (XSWX:FME) has a Shiller PE Ratio of 9.62 as of Sep. 09, 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 Medical Care AG and its competitors. This is 38% below median its historical median of 15.47. Over the past decade, Fresenius Medical Care AG's Shiller PE Ratio has ranged from 6.30 to 31.79. According to the industry distribution chart, Fresenius Medical Care AG ranks #26 out of 243 companies in the Healthcare Providers & Services industry, placing it in the top 10.7%.
Is Fresenius Medical Care AG's Shiller PE Ratio too high?
Fresenius Medical Care AG's current Shiller PE Ratio of 9.62 is 38% below median its 10-year median of 15.47. Over the past 10 years, this metric has ranged from a low of 6.30 to a high of 31.79. The Healthcare Providers & Services industry median Shiller PE Ratio is 22.98. Fresenius Medical Care AG's value of 9.62 is 58.1% below this industry median. Based on the distribution chart, Fresenius Medical Care AG ranks #26 out of 243 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Fresenius Medical Care AG has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Fresenius Medical Care AG's Shiller PE Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Fresenius Medical Care AG ranks #26 out of 243 companies for Shiller PE Ratio. This places Fresenius Medical Care AG in the top 11% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 22.98. Fresenius Medical Care AG's value of 9.62 is 58.1% below this benchmark. Historically, Fresenius Medical Care AG's own Shiller PE Ratio has ranged from 6.30 to 31.79 over the past decade. While the company's 10-year median is 15.47 vs. the industry median of 22.98, Fresenius Medical Care AG 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 22.98, based on 243 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 Medical Care AG's current Shiller PE Ratio of 9.62 is 58.1% 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 Medical Care AG and its competitors. For the Healthcare Providers & Services industry, the median Shiller PE Ratio is 22.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fresenius Medical Care AG's current Shiller PE Ratio is 9.62, which is 38% below median its own 10-year median of 15.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fresenius Medical Care AG stock overvalued right now?
Fresenius Medical Care AG (XSWX:FME) has a current Shiller PE Ratio of 9.62. The stock's GF Value™ is CHF40.60, compared to a current price of CHF37.31 — trading 8.1% below its estimated fair value. The current Shiller PE Ratio is 9.62, which is 38% below median its 10-year median of 15.47 and 58.1% below the Healthcare Providers & Services industry median of 22.98. Fresenius Medical Care AG's overall GF Score™ is 76/100 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 Fresenius Medical Care AG (XSWX:FME), the current Shiller PE Ratio is 9.62 as of Sep. 09, 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 Medical Care AG (XSWX:FME) Overvalued in 2026?
Based on GuruFocus' analysis, Fresenius Medical Care AG stock appears to be undervalued.
The current stock price of CHF37.31 is trading 8.1% below its estimated GF Value™ of CHF40.60.
Key valuation signals for XSWX:FME:
Shiller PE Ratio: 9.62 (38% below median its 10-year median of 15.47)
GF Value™: CHF40.60 vs. price of CHF37.31 (8.1% below fair value)
Industry Position: 58.1% below the Healthcare Providers & Services median (#26 of 243)
No single metric tells the full story. See the XSWX:FME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fresenius Medical Care is the largest dialysis company in the world, treating nearly 300,000 patients from about 3,600 clinics worldwide as of December 2025. In addition to providing dialysis services, the firm is a leading supplier of dialysis products, including machines, dialyzers, and concentrates. Fresenius accounts for about 35% of the global dialysis products market, creating the world's only fully integrated dialysis business. Services account for about three-fourths of sales, while the balance is generated from medical technology products that enable dialysis treatments.
76GF Score
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