Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Sonova Holding AGXSWX:SOON +0.49%91 Shiller PE Ratio is 28.53 as of Aug. 23, 2026, which is 8% above its 10-year median of 26.44. GuruFocus rates XSWX:SOON with a GF Score™ of 91/100 and a GF Value™ of CHF252.15 (Fairly Valued). The stock has 7 warning signs investors should review. Among 311 Medical Devices & Instruments companies, Sonova Holding AG ranks worse than 53.38% on this metric.
The historical rank and industry rank for Sonova Holding AG's Shiller PE Ratio or its related term are showing as below:
XSWX:SOON'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.87 Med: 26.44 Max: 55.01
Current: 28.52
During the past 13 years, Sonova Holding AG's highest Shiller PE Ratio was 55.01. The lowest was 8.87. And the median was 26.44.
XSWX:SOON's Shiller PE Ratio is ranked worse than 53.38% of 311
companies
in the Medical Devices & Instruments industry
Industry Median: 26.78
vs XSWX:SOON: 28.52
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.
Sonova Holding AG's adjusted earnings per share data of for the fiscal year that ended in Mar26 was CHF7.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is CHF8.56 for the trailing ten years ended in Mar26.
Shiller PE for Stocks: The True Measure of Stock Valuation
Sonova Holding AG (XSWX:SOON) 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.
Sonova Holding AG Shiller PE Ratio Related Terms
Sonova Holding AG Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Sonova Holding AG'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:SOON vs ABT, SYK, MDT: Shiller PE Ratio Comparison
For the Medical Devices subindustry, Sonova Holding 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.
Sonova Holding AG Shiller PE Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Sonova Holding AG's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Sonova Holding AG'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.
* 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.
Sonova Holding AG's E10 for the fiscal year that ended in Mar26 is calculated as:
For example, Sonova Holding AG's adjusted earnings per share data for the fiscal year that ended in Mar26 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.
Sonova Holding AG (XSWX:SOON) has a Shiller PE Ratio of 28.53 as of Aug. 23, 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 Sonova Holding AG and its competitors. This is near median its historical median of 26.44. Over the past decade, Sonova Holding AG's Shiller PE Ratio has ranged from 8.87 to 55.01. According to the industry distribution chart, Sonova Holding AG ranks #166 out of 311 companies in the Medical Devices & Instruments industry, placing it in the top 53.4%.
Is Sonova Holding AG's Shiller PE Ratio too high?
Sonova Holding AG's current Shiller PE Ratio of 28.53 is near median its 10-year median of 26.44. Over the past 10 years, this metric has ranged from a low of 8.87 to a high of 55.01. The Medical Devices & Instruments industry median Shiller PE Ratio is 26.78. Sonova Holding AG's value of 28.53 is 6.5% above this industry median. Based on the distribution chart, Sonova Holding AG ranks #166 out of 311 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Sonova Holding AG has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sonova Holding AG's Shiller PE Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Sonova Holding AG ranks #166 out of 311 companies for Shiller PE Ratio. This places Sonova Holding AG in the lower half of its industry. The industry median Shiller PE Ratio is 26.78. Sonova Holding AG's value of 28.53 is 6.5% above this benchmark. Historically, Sonova Holding AG's own Shiller PE Ratio has ranged from 8.87 to 55.01 over the past decade. While the company's 10-year median is 26.44 vs. the industry median of 26.78, Sonova Holding AG 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 26.78, based on 311 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. Sonova Holding AG's current Shiller PE Ratio of 28.53 is 6.5% 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 Sonova Holding AG and its competitors. For the Medical Devices & Instruments industry, the median Shiller PE Ratio is 26.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sonova Holding AG's current Shiller PE Ratio is 28.53, which is near median its own 10-year median of 26.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonova Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Sonova Holding AG (XSWX:SOON) is currently considered Fairly Valued. The stock's GF Value™ is CHF252.15, compared to a current price of CHF244.20 — trading 3.2% below its estimated fair value. The current Shiller PE Ratio is 28.53, which is near median its 10-year median of 26.44 and 6.5% above the Medical Devices & Instruments industry median of 26.78. Sonova Holding AG's overall GF Score™ is 91/100 with 7 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 Sonova Holding AG (XSWX:SOON), the current Shiller PE Ratio is 28.53 as of Aug. 23, 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 Sonova Holding AG (XSWX:SOON) Overvalued in 2026?
Based on GuruFocus' analysis, Sonova Holding AG stock appears to be undervalued.
The current stock price of CHF244.20 is trading 3.2% below its estimated GF Value™ of CHF252.15.
GuruFocus considers Sonova Holding AG to be Fairly Valued.
Key valuation signals for XSWX:SOON:
Shiller PE Ratio: 28.53 (near median its 10-year median of 26.44)
GF Value™: CHF252.15 vs. price of CHF244.20 (3.2% below fair value)
Industry Position: 6.5% above the Medical Devices & Instruments median (#166 of 311)
No single metric tells the full story. See the XSWX:SOON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sonova is one of the world's largest manufacturers and distributors of hearing aids. The company is based in Switzerland and distributes its products in more than 100 countries through its internal sales team and independent retailers. It also sells cochlear implants and audio technologies.
91GF Score
Get the complete analysis for XSWX:SOON
Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:SOON has been successfully added to your 
