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Kao (TSE:4452) Shiller PE Ratio : 28.04 (As of May. 12, 2024)


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What is Kao Shiller PE Ratio?

As of today (2024-05-12), Kao's current share price is 円6939.00. Kao's E10 for the quarter that ended in Dec. 2023 was 円247.45. Kao's Shiller PE Ratio for today is 28.04.

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

TSE:4452' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.3   Med: 36.54   Max: 55.33
Current: 28.04

During the past years, Kao's highest Shiller PE Ratio was 55.33. The lowest was 20.30. And the median was 36.54.

TSE:4452's Shiller PE Ratio is ranked worse than
65.49% of 1078 companies
in the Consumer Packaged Goods industry
Industry Median: 18.98 vs TSE:4452: 28.04

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.

Kao's adjusted earnings per share data for the three months ended in Dec. 2023 was 円24.360. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円247.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kao Shiller PE Ratio Historical Data

The historical data trend for Kao'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.

Kao Shiller PE Ratio Chart

Kao 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 45.21 37.23 26.20 21.39 23.44

Kao 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 21.07 21.03 22.28 23.44 -

Competitive Comparison of Kao's Shiller PE Ratio

For the Household & Personal Products subindustry, Kao'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.


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

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

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



Kao 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.

Kao's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6939.00/247.45
=28.04

* 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.

Kao's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Kao'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)
=24.36/106.8000*106.8000
=24.360

Current CPI (Dec. 2023) = 106.8000.

Kao Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 49.130 95.700 54.828
201406 12.590 98.000 13.721
201409 37.370 98.500 40.519
201412 57.260 97.900 62.465
201503 23.950 97.900 26.127
201506 49.510 98.400 53.736
201509 72.170 98.500 78.251
201512 63.900 98.100 69.567
201603 41.430 97.900 45.196
201606 58.160 98.100 63.318
201609 72.520 98.000 79.032
201612 81.100 98.400 88.023
201703 48.990 98.100 53.335
201706 65.480 98.500 70.998
201709 81.030 98.800 87.591
201712 102.590 99.400 110.227
201803 56.330 99.200 60.646
201806 71.400 99.200 76.870
201809 75.240 99.900 80.437
201812 111.250 99.700 119.173
201903 54.320 99.700 58.188
201906 63.660 99.800 68.125
201909 96.220 100.100 102.660
201912 92.690 100.500 98.500
202003 55.440 100.300 59.033
202006 49.760 99.900 53.197
202009 73.470 99.900 78.545
202012 83.580 99.300 89.893
202103 53.600 99.900 57.302
202106 56.520 99.500 60.667
202109 62.320 100.100 66.491
202112 58.170 100.100 62.063
202203 38.500 101.100 40.671
202206 43.670 101.800 45.815
202209 41.650 103.100 43.145
202212 59.450 104.100 60.992
202303 10.360 104.400 10.598
202306 25.400 105.200 25.786
202309 34.240 106.200 34.433
202312 24.360 106.800 24.360

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.


Kao  (TSE:4452) 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.


Kao Shiller PE Ratio Related Terms

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


Kao (TSE:4452) Business Description

Traded in Other Exchanges
Address
14-10, Nihonbashi Kayabacho 1-chome, Chuo-ku, Tokyo, JPN, 103-8210
Kao is the largest household and personal care product manufacturer in Japan with a footprint across Asia, Europe, and the Americas. Japan remains its largest market, contributing about 60% of sales and an estimated 70% of profits with several leading brands including Attack and Biore. Initially a soap producer established in the 1890s, Kao has expanded into cosmetics, disposable hygiene products, and chemicals, in addition to its home care and toiletry products. Asia, the largest overseas market contributing 20% of group sales, is a key growth driver, led by expansion in China and Indonesia. It has also acquired several Western skin and haircare brands including Jergens, John Frieda, Curel, Molton Brown, and the latest, Oribe.

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