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Kikkoman (TSE:2801) Shiller PE Ratio : 52.84 (As of May. 30, 2024)


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What is Kikkoman Shiller PE Ratio?

As of today (2024-05-30), Kikkoman's current share price is 円1784.50. Kikkoman's E10 for the quarter that ended in Mar. 2024 was 円33.77. Kikkoman's Shiller PE Ratio for today is 52.84.

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

TSE:2801' s Shiller PE Ratio Range Over the Past 10 Years
Min: 43.41   Med: 61.34   Max: 161.23
Current: 54.03

During the past years, Kikkoman's highest Shiller PE Ratio was 161.23. The lowest was 43.41. And the median was 61.34.

TSE:2801's Shiller PE Ratio is ranked worse than
87.29% of 1078 companies
in the Consumer Packaged Goods industry
Industry Median: 18.675 vs TSE:2801: 54.03

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.

Kikkoman's adjusted earnings per share data for the three months ended in Mar. 2024 was 円11.477. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円33.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kikkoman Shiller PE Ratio Historical Data

The historical data trend for Kikkoman'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.

Kikkoman Shiller PE Ratio Chart

Kikkoman Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.90 63.24 67.00 47.38 58.22

Kikkoman 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 47.38 55.85 50.33 53.02 58.22

Competitive Comparison of Kikkoman's Shiller PE Ratio

For the Packaged Foods subindustry, Kikkoman'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.


Kikkoman's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kikkoman's Shiller PE Ratio distribution charts can be found below:

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



Kikkoman 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.

Kikkoman's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1784.50/33.77
=52.84

* 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.

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

For example, Kikkoman'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)
=11.477/107.2000*107.2000
=11.477

Current CPI (Mar. 2024) = 107.2000.

Kikkoman Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 3.814 98.000 4.172
201409 4.058 98.500 4.416
201412 5.740 97.900 6.285
201503 2.046 97.900 2.240
201506 5.748 98.400 6.262
201509 4.988 98.500 5.429
201512 6.746 98.100 7.372
201603 2.998 97.900 3.283
201606 11.466 98.100 12.530
201609 5.116 98.000 5.596
201612 6.602 98.400 7.192
201703 1.470 98.100 1.606
201706 6.320 98.500 6.878
201709 6.150 98.800 6.673
201712 8.716 99.400 9.400
201803 3.544 99.200 3.830
201806 7.400 99.200 7.997
201809 7.532 99.900 8.082
201812 8.342 99.700 8.970
201903 3.804 99.700 4.090
201906 8.308 99.800 8.924
201909 7.620 100.100 8.160
201912 8.458 100.500 9.022
202003 3.562 100.300 3.807
202006 9.260 99.900 9.937
202009 7.700 99.900 8.263
202012 10.046 99.300 10.845
202103 5.456 99.900 5.855
202106 12.090 99.500 13.026
202109 10.192 100.100 10.915
202112 12.512 100.100 13.399
202203 5.794 101.100 6.144
202206 12.662 101.800 13.334
202209 11.660 103.100 12.124
202212 13.666 104.100 14.073
202303 7.685 104.400 7.891
202306 11.100 105.200 11.311
202309 19.070 106.200 19.250
202312 17.560 106.800 17.626
202403 11.477 107.200 11.477

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.


Kikkoman  (TSE:2801) 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.


Kikkoman Shiller PE Ratio Related Terms

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


Kikkoman (TSE:2801) Business Description

Traded in Other Exchanges
Address
250 Noda, Noda-shi, Chiba, JPN, 278-8601
Kikkoman was founded in 1917 following the merger of eight family-owned companies in Noda, Chiba Prefecture, Japan. It is the largest soy sauce manufacturer in Japan and the U.S. Domestically, it sells a wide range of food and beverage products including but not limited to soy sauce, soy milk, licensed Del Monte products, and liquor. Kikkoman's products are shipped to over 100 countries with eight global production plants across the U.S., Asia, Europe, and South America. Apart from food manufacturing, Kikkoman also operates a wholesale business that resells Asian foods globally.

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