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Cencora (FRA:ABG) Shiller PE Ratio : 64.67 (As of May. 04, 2024)


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What is Cencora Shiller PE Ratio?

As of today (2024-05-04), Cencora's current share price is €207.60. Cencora's E10 for the quarter that ended in Mar. 2024 was €3.21. Cencora's Shiller PE Ratio for today is 64.67.

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

FRA:ABG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 22.59   Med: 42.36   Max: 85.54
Current: 64.24

During the past years, Cencora's highest Shiller PE Ratio was 85.54. The lowest was 22.59. And the median was 42.36.

FRA:ABG's Shiller PE Ratio is ranked worse than
92.86% of 56 companies
in the Medical Distribution industry
Industry Median: 20.4 vs FRA:ABG: 64.24

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.

Cencora's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.923. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cencora Shiller PE Ratio Historical Data

The historical data trend for Cencora'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.

Cencora Shiller PE Ratio Chart

Cencora Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.99 76.12 66.81 56.46 57.85

Cencora Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 57.81 65.41 57.85 60.84 69.70

Competitive Comparison of Cencora's Shiller PE Ratio

For the Medical Distribution subindustry, Cencora'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.


Cencora's Shiller PE Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Cencora's Shiller PE Ratio distribution charts can be found below:

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



Cencora 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.

Cencora's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=207.60/3.21
=64.67

* 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.

Cencora's E10 for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.923/129.4194*129.4194
=1.923

Current CPI (Mar. 2024) = 129.4194.

Cencora Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.044 100.560 -0.057
201409 0.225 100.428 0.290
201412 -0.738 99.070 -0.964
201503 -2.153 99.621 -2.797
201506 0.793 100.684 1.019
201509 1.390 100.392 1.792
201512 1.331 99.792 1.726
201603 2.407 100.470 3.101
201606 1.380 101.688 1.756
201609 0.552 101.861 0.701
201612 1.052 101.863 1.337
201703 1.739 102.862 2.188
201706 0.205 103.349 0.257
201709 -1.133 104.136 -1.408
201712 3.295 104.011 4.100
201803 1.046 105.290 1.286
201806 1.070 106.317 1.303
201809 0.934 106.507 1.135
201812 1.617 105.998 1.974
201903 0.115 107.251 0.139
201906 1.266 108.070 1.516
201909 0.572 108.329 0.683
201912 0.810 108.420 0.967
202003 4.199 108.902 4.990
202006 1.252 108.767 1.490
202009 -20.155 109.815 -23.753
202012 1.488 109.897 1.752
202103 1.764 111.754 2.043
202106 1.162 114.631 1.312
202109 1.768 115.734 1.977
202112 1.885 117.630 2.074
202203 2.352 121.301 2.509
202206 1.816 125.017 1.880
202209 1.414 125.227 1.461
202212 2.200 125.222 2.274
202303 1.989 127.348 2.021
202306 2.169 128.729 2.181
202309 1.612 129.860 1.607
202312 2.733 129.419 2.733
202403 1.923 129.419 1.923

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.


Cencora  (FRA:ABG) 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.


Cencora Shiller PE Ratio Related Terms

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


Cencora (FRA:ABG) Business Description

Traded in Other Exchanges
Address
1 West First Avenue, Conshohocken, PA, USA, 19428-1800
Cencora is one of three domestic leading pharmaceutical wholesalers. It sources and distributes branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospital networks, and healthcare providers. It and McKesson and Cardinal Health constitute over 90% of the U.S. pharmaceutical wholesale industry. Cencora also provides commercialization services for manufacturers of pharmaceuticals and medical devices, global specialty drug logistics (World Courier), and animal health product distribution (MWI Animal Health). Cencora expanded its international presence in 2021 by purchasing Alliance Healthcare, one of the leading drug wholesalers in Europe.