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Avex (TSE:7860) Shiller PE Ratio : 14.95 (As of Jun. 05, 2024)


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What is Avex Shiller PE Ratio?

As of today (2024-06-05), Avex's current share price is 円1197.00. Avex's E10 for the quarter that ended in Dec. 2023 was 円80.09. Avex's Shiller PE Ratio for today is 14.95.

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

TSE:7860' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.3   Med: 15.3   Max: 35.35
Current: 14.98

During the past years, Avex's highest Shiller PE Ratio was 35.35. The lowest was 8.30. And the median was 15.30.

TSE:7860's Shiller PE Ratio is ranked better than
52.96% of 423 companies
in the Media - Diversified industry
Industry Median: 15.9 vs TSE:7860: 14.98

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.

Avex's adjusted earnings per share data for the three months ended in Dec. 2023 was 円-22.610. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円80.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avex Shiller PE Ratio Historical Data

The historical data trend for Avex'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.

Avex Shiller PE Ratio Chart

Avex 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 9.03 12.37 13.11 16.22 -

Avex 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 16.22 15.62 16.92 17.08 -

Competitive Comparison of Avex's Shiller PE Ratio

For the Entertainment subindustry, Avex'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.


Avex's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Avex's Shiller PE Ratio distribution charts can be found below:

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



Avex 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.

Avex's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1197.00/80.09
=14.95

* 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.

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

For example, Avex'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)
=-22.61/106.8000*106.8000
=-22.610

Current CPI (Dec. 2023) = 106.8000.

Avex Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 4.260 95.700 4.754
201406 4.780 98.000 5.209
201409 6.660 98.500 7.221
201412 73.410 97.900 80.084
201503 56.070 97.900 61.167
201506 -11.820 98.400 -12.829
201509 4.650 98.500 5.042
201512 19.687 98.100 21.433
201603 86.560 97.900 94.429
201606 11.110 98.100 12.095
201609 4.470 98.000 4.871
201612 -15.250 98.400 -16.552
201703 2.350 98.100 2.558
201706 7.450 98.500 8.078
201709 -22.180 98.800 -23.976
201712 63.586 99.400 68.320
201803 11.300 99.200 12.166
201806 -3.370 99.200 -3.628
201809 40.055 99.900 42.822
201812 19.260 99.700 20.632
201903 -1.480 99.700 -1.585
201906 -8.040 99.800 -8.604
201909 -32.598 100.100 -34.780
201912 41.970 100.500 44.601
202003 -26.760 100.300 -28.494
202006 -39.180 99.900 -41.886
202009 -36.350 99.900 -38.861
202012 -24.111 99.300 -25.932
202103 396.420 99.900 423.800
202106 0.270 99.500 0.290
202109 36.750 100.100 39.210
202112 17.640 100.100 18.821
202203 -33.900 101.100 -35.811
202206 37.210 101.800 39.038
202209 33.932 103.100 35.150
202212 -8.500 104.100 -8.720
202303 -1.870 104.400 -1.913
202306 59.900 105.200 60.811
202309 -5.500 106.200 -5.531
202312 -22.610 106.800 -22.610

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.


Avex  (TSE:7860) 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.


Avex Shiller PE Ratio Related Terms

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


Avex (TSE:7860) Business Description

Traded in Other Exchanges
Address
Avex Building, 3-30-3 Minami Aoyama, Minato-ku, Tokyo, JPN, 107-8577
Avex Inc is a diversified media company, which holds a number of entertainment subsidiaries. The company has four primary business segments: music, video, management and live content, and other. The music segment designs, produces, and sells music and music-related content. The video segment plans, produces, sells, and distributes video content and feature films. The management and live business segment manages artists, sells merchandise, operates fan clubs, and is involved in the production of concerts and live events. The other business segment operates schools, restaurants, and real estate. The company generates the vast majority of its revenue in Japan.

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