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GRFS (Grifols) Shiller PE Ratio : 13.00 (As of Oct. 31, 2024)


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What is Grifols Shiller PE Ratio?

As of today (2024-10-31), Grifols's current share price is $8.71. Grifols's E10 for the quarter that ended in Jun. 2024 was $0.67. Grifols's Shiller PE Ratio for today is 13.00.

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

GRFS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.18   Med: 22.89   Max: 96.3
Current: 12.24

During the past years, Grifols's highest Shiller PE Ratio was 96.30. The lowest was 9.18. And the median was 22.89.

GRFS's Shiller PE Ratio is ranked better than
85.59% of 465 companies
in the Drug Manufacturers industry
Industry Median: 26.44 vs GRFS: 12.24

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.

Grifols's adjusted earnings per share data for the three months ended in Jun. 2024 was $0.022. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.67 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grifols Shiller PE Ratio Historical Data

The historical data trend for Grifols'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.

Grifols Shiller PE Ratio Chart

Grifols 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 62.75 33.86 21.87 13.23 18.75

Grifols Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Jun24
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 13.23 14.20 14.76 18.75 9.46

Competitive Comparison of Grifols's Shiller PE Ratio

For the Drug Manufacturers - General subindustry, Grifols'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.


Grifols's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Grifols's Shiller PE Ratio distribution charts can be found below:

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



Grifols 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.

Grifols's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=8.71/0.67
=13.00

* 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.

Grifols's E10 for the quarter that ended in Jun. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.022/124.4086*124.4086
=0.022

Current CPI (Jun. 2024) = 124.4086.

Grifols Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201309 0.167 100.597 0.207
201312 0.158 101.306 0.194
201403 0.242 100.139 0.301
201406 0.204 101.081 0.251
201409 0.213 100.441 0.264
201412 0.240 100.251 0.298
201503 0.206 99.474 0.258
201506 0.213 101.138 0.262
201509 0.224 99.559 0.280
201512 0.207 100.268 0.257
201603 0.200 98.638 0.252
201606 0.225 100.333 0.279
201609 0.236 99.737 0.294
201612 0.215 101.842 0.263
201703 0.210 100.896 0.259
201706 0.236 101.848 0.288
201709 0.262 101.524 0.321
201712 0.400 102.975 0.483
201803 0.259 102.122 0.316
201806 0.304 104.165 0.363
201809 0.257 103.818 0.308
201812 0.205 104.193 0.245
201903 0.192 103.488 0.231
201906 0.282 104.612 0.335
201909 0.220 103.905 0.263
201912 0.322 105.015 0.381
202003 0.301 103.469 0.362
202006 0.056 104.254 0.067
202009 0.459 103.521 0.552
202012 0.231 104.456 0.275
202103 0.226 104.857 0.268
202106 0.241 107.102 0.280
202112 -0.124 111.298 -0.139
202206 0.141 118.044 0.149
202209 0.065 117.221 0.069
202212 0.031 117.650 0.033
202306 0.065 120.278 0.067
202309 0.094 121.343 0.096
202312 0.090 121.300 0.092
202406 0.022 124.409 0.022

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.


Grifols  (NAS:GRFS) 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.


Grifols Shiller PE Ratio Related Terms

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Grifols Business Description

Address
Avinguda de la Generalitat, 152, Parc de Negocis Can Sant Joan, Sant Cugat del Valles, Barcelona, ESP, 08174
As a vertically integrated plasma derivative producer, Spain-based Grifols collects plasma and then manufactures and sells plasma-derived products globally. By acquiring Talecris in 2011, Grifols dramatically expanded its plasma-derived product portfolio, and following the firm's Biotest acquisition in April 2022, the biopharma business contributed 84% of sales in 2023. Grifols also has smaller segments including diagnostics (10% of sales) and biosupplies.