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LeMaitre Vascular (FRA:LHU) Shiller PE Ratio : 72.45 (As of May. 21, 2024)


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What is LeMaitre Vascular Shiller PE Ratio?

As of today (2024-05-21), LeMaitre Vascular's current share price is €71.00. LeMaitre Vascular's E10 for the quarter that ended in Mar. 2024 was €0.98. LeMaitre Vascular's Shiller PE Ratio for today is 72.45.

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

FRA:LHU' s Shiller PE Ratio Range Over the Past 10 Years
Min: 40.36   Med: 80.58   Max: 209.75
Current: 73.77

During the past years, LeMaitre Vascular's highest Shiller PE Ratio was 209.75. The lowest was 40.36. And the median was 80.58.

FRA:LHU's Shiller PE Ratio is ranked worse than
88.11% of 286 companies
in the Medical Devices & Instruments industry
Industry Median: 26.955 vs FRA:LHU: 73.77

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.

LeMaitre Vascular's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.405. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


LeMaitre Vascular Shiller PE Ratio Historical Data

The historical data trend for LeMaitre Vascular'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.

LeMaitre Vascular Shiller PE Ratio Chart

LeMaitre Vascular Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.56 67.23 67.73 53.26 56.76

LeMaitre Vascular 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 57.24 71.79 56.06 56.76 62.40

Competitive Comparison of LeMaitre Vascular's Shiller PE Ratio

For the Medical Instruments & Supplies subindustry, LeMaitre Vascular'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.


LeMaitre Vascular's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

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

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



LeMaitre Vascular 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.

LeMaitre Vascular's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=71.00/0.98
=72.45

* 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.

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

For example, LeMaitre Vascular'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)
=0.405/131.7762*131.7762
=0.405

Current CPI (Mar. 2024) = 131.7762.

LeMaitre Vascular Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.059 100.560 0.077
201409 0.039 100.428 0.051
201412 0.089 99.070 0.118
201503 0.074 99.621 0.098
201506 0.089 100.684 0.116
201509 0.098 100.392 0.129
201512 0.119 99.792 0.157
201603 0.099 100.470 0.130
201606 0.125 101.688 0.162
201609 0.151 101.861 0.195
201612 0.123 101.863 0.159
201703 0.150 102.862 0.192
201706 0.205 103.349 0.261
201709 0.210 104.136 0.266
201712 0.177 104.011 0.224
201803 0.154 105.290 0.193
201806 0.368 106.317 0.456
201809 0.180 106.507 0.223
201812 0.264 105.998 0.328
201903 0.150 107.251 0.184
201906 0.204 108.070 0.249
201909 0.227 108.329 0.276
201912 0.207 108.420 0.252
202003 0.145 108.902 0.175
202006 0.151 108.767 0.183
202009 0.314 109.815 0.377
202012 0.279 109.897 0.335
202103 0.235 111.754 0.277
202106 0.332 114.631 0.382
202109 0.255 115.734 0.290
202112 0.248 117.630 0.278
202203 0.245 121.301 0.266
202206 0.151 125.017 0.159
202209 0.253 125.227 0.266
202212 0.236 125.222 0.248
202303 0.252 127.348 0.261
202306 0.332 128.729 0.340
202309 0.309 129.860 0.314
202312 0.348 129.419 0.354
202403 0.405 131.776 0.405

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.


LeMaitre Vascular  (FRA:LHU) 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.


LeMaitre Vascular Shiller PE Ratio Related Terms

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LeMaitre Vascular (FRA:LHU) Business Description

Traded in Other Exchanges
Address
63 Second Avenue, Burlington, MA, USA, 01803
LeMaitre Vascular Inc manufactures and distributes medical devices for the treatment of peripheral vascular disease. Its products are primarily used during open vascular surgery and address several anatomical areas, such as the carotid, lower extremities, upper extremities, and aorta. The firm's lower extremities product line contributes the largest proportion of revenue, followed by the carotid product line. LeMaitre's surgical devices include angioscopes, balloon catheters, carotid shunts, phlebectomy devices, vascular grafts, vascular patches, and vessel closure systems. LeMaitre generates the majority of its revenue in the United States.

LeMaitre Vascular (FRA:LHU) Headlines

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