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Tokyo Ohka Kogyo Co (TSE:4186) Shiller PE Ratio : 50.95 (As of May. 14, 2024)


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What is Tokyo Ohka Kogyo Co Shiller PE Ratio?

As of today (2024-05-14), Tokyo Ohka Kogyo Co's current share price is 円4434.00. Tokyo Ohka Kogyo Co's E10 for the quarter that ended in Dec. 2023 was 円87.02. Tokyo Ohka Kogyo Co's Shiller PE Ratio for today is 50.95.

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

TSE:4186' s Shiller PE Ratio Range Over the Past 10 Years
Min: 22.19   Med: 33.61   Max: 109.75
Current: 49.5

During the past years, Tokyo Ohka Kogyo Co's highest Shiller PE Ratio was 109.75. The lowest was 22.19. And the median was 33.61.

TSE:4186's Shiller PE Ratio is ranked worse than
78.73% of 1382 companies
in the Hardware industry
Industry Median: 23.84 vs TSE:4186: 49.50

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.

Tokyo Ohka Kogyo Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円42.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円87.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tokyo Ohka Kogyo Co Shiller PE Ratio Historical Data

The historical data trend for Tokyo Ohka Kogyo Co'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.

Tokyo Ohka Kogyo Co Shiller PE Ratio Chart

Tokyo Ohka Kogyo Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.31 45.00 35.00 24.92 35.76

Tokyo Ohka Kogyo Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 24.92 31.53 35.23 35.28 35.76

Competitive Comparison of Tokyo Ohka Kogyo Co's Shiller PE Ratio

For the Electronic Components subindustry, Tokyo Ohka Kogyo Co'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.


Tokyo Ohka Kogyo Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tokyo Ohka Kogyo Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tokyo Ohka Kogyo Co's Shiller PE Ratio falls into.



Tokyo Ohka Kogyo Co 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.

Tokyo Ohka Kogyo Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4434.00/87.02
=50.95

* 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.

Tokyo Ohka Kogyo Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Tokyo Ohka Kogyo Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=42.86/106.8000*106.8000
=42.860

Current CPI (Dec. 2023) = 106.8000.

Tokyo Ohka Kogyo Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 12.477 95.700 13.924
201406 18.380 98.000 20.030
201409 17.987 98.500 19.503
201412 17.697 97.900 19.306
201503 11.340 97.900 12.371
201506 18.790 98.400 20.394
201509 18.190 98.500 19.723
201512 13.367 98.100 14.552
201603 8.377 97.900 9.139
201606 10.220 98.100 11.126
201609 15.103 98.000 16.459
201612 14.897 98.400 16.169
201703 8.290 98.100 9.025
201706 13.983 98.500 15.161
201709 15.883 98.800 17.169
201712 16.103 99.400 17.302
201803 13.330 99.200 14.351
201806 12.243 99.200 13.181
201809 17.460 99.900 18.666
201812 11.780 99.700 12.619
201903 12.373 99.700 13.254
201906 10.943 99.800 11.711
201909 9.533 100.100 10.171
201912 10.357 100.500 11.006
202003 17.983 100.300 19.148
202006 19.243 99.900 20.572
202009 21.820 99.900 23.327
202012 20.547 99.300 22.099
202103 27.517 99.900 29.418
202106 23.727 99.500 25.468
202109 31.750 100.100 33.875
202112 60.310 100.100 64.347
202203 41.177 101.100 43.499
202206 39.330 101.800 41.262
202209 45.417 103.100 47.047
202212 37.007 104.100 37.967
202303 17.823 104.400 18.233
202306 26.413 105.200 26.815
202309 17.873 106.200 17.974
202312 42.860 106.800 42.860

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.


Tokyo Ohka Kogyo Co  (TSE:4186) 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.


Tokyo Ohka Kogyo Co Shiller PE Ratio Related Terms

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Tokyo Ohka Kogyo Co (TSE:4186) Business Description

Traded in Other Exchanges
N/A
Address
150 Nakamaruko, Nakahara-ku, Kanagawa, Kawasaki, JPN, 211-0012
Tokyo Ohka Kogyo Co Ltd is a Japan-based company that manufactures functional materials and processing equipment. The processing equipment sold by the firm are primarily used in the manufacturing of semiconductors and liquid crystal display products. The materials used in the manufacturing of these products are also sold by the company, particularly for the photolithography process. The firm also sells inorganic and organic chemicals. Tokyo Ohka Kogyo has manufacturing facilities in the United States, Taiwan, China, and South Korea.

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