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Toyota Motor (BSP:TMCO34) Shiller PE Ratio : 19.19 (As of Apr. 28, 2024)


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What is Toyota Motor Shiller PE Ratio?

As of today (2024-04-28), Toyota Motor's current share price is R$72.73. Toyota Motor's E10 for the quarter that ended in Dec. 2023 was R$3.79. Toyota Motor's Shiller PE Ratio for today is 19.19.

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

BSP:TMCO34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.33   Med: 16.2   Max: 26.73
Current: 19.49

During the past years, Toyota Motor's highest Shiller PE Ratio was 26.73. The lowest was 11.33. And the median was 16.20.

BSP:TMCO34's Shiller PE Ratio is ranked worse than
54.66% of 816 companies
in the Vehicles & Parts industry
Industry Median: 17.73 vs BSP:TMCO34: 19.49

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.

Toyota Motor's adjusted earnings per share data for the three months ended in Dec. 2023 was R$2.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$3.79 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyota Motor Shiller PE Ratio Historical Data

The historical data trend for Toyota Motor'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.

Toyota Motor Shiller PE Ratio Chart

Toyota Motor Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.62 11.95 14.18 15.67 11.91

Toyota Motor 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 11.65 11.91 14.01 15.50 14.39

Competitive Comparison of Toyota Motor's Shiller PE Ratio

For the Auto Manufacturers subindustry, Toyota Motor'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.


Toyota Motor's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Toyota Motor's Shiller PE Ratio distribution charts can be found below:

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



Toyota Motor 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.

Toyota Motor's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=72.73/3.79
=19.19

* 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.

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

For example, Toyota Motor'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)
=2.14/106.8000*106.8000
=2.140

Current CPI (Dec. 2023) = 106.8000.

Toyota Motor Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.266 95.700 0.297
201406 0.508 98.000 0.554
201409 0.464 98.500 0.503
201412 0.525 97.900 0.573
201503 0.463 97.900 0.505
201506 0.645 98.400 0.700
201509 0.782 98.500 0.848
201512 0.796 98.100 0.867
201603 0.565 97.900 0.616
201606 0.728 98.100 0.793
201609 0.514 98.000 0.560
201612 0.577 98.400 0.626
201703 0.457 98.100 0.498
201706 0.753 98.500 0.816
201709 0.540 98.800 0.584
201712 1.149 99.400 1.235
201803 0.628 99.200 0.676
201806 0.952 99.200 1.025
201809 0.917 99.900 0.980
201812 0.268 99.700 0.287
201903 0.688 99.700 0.737
201906 0.964 99.800 1.032
201909 0.896 100.100 0.956
201912 0.934 100.500 0.993
202003 0.669 100.300 0.712
202006 0.343 99.900 0.367
202009 1.066 99.900 1.140
202012 1.835 99.300 1.974
202103 1.779 99.900 1.902
202106 1.833 99.500 1.967
202109 1.348 100.100 1.438
202112 1.775 100.100 1.894
202203 1.017 101.100 1.074
202206 1.263 101.800 1.325
202209 0.726 103.100 0.752
202212 1.298 104.100 1.332
202303 0.991 104.400 1.014
202306 2.076 105.200 2.108
202309 1.973 106.200 1.984
202312 2.140 106.800 2.140

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.


Toyota Motor  (BSP:TMCO34) 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.


Toyota Motor Shiller PE Ratio Related Terms

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


Toyota Motor (BSP:TMCO34) Business Description

Address
1 Toyota-cho, Aichi Prefecture, Toyota, JPN, 471-8571
Founded in 1937, Toyota is one of the world's largest automakers with 10.56 million units sold at retail in fiscal 2023 across its light vehicle brands. Brands include Toyota, Lexus, Daihatsu, and truck maker Hino; market share in Japan is about 51% excluding mini-vehicles, while U.S. share is around 15%. The firm also owns 3.3% of Denso, a parts supplier, about 20% of Subaru, and holds investments in many other firms, including shares of Uber Technologies, Joby Aviation, Aurora Innovation, Isuzu Motors, and about 5% in each of Mazda and Suzuki. Fiscal 2023 sales excluding financial services were JPY 34.4 trillion. Toyota also has a financing arm and manufactures homes and boats.

Toyota Motor (BSP:TMCO34) Headlines

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