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IHI (FRA:IWJ) Shiller PE Ratio : 53.66 (As of Apr. 30, 2024)


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What is IHI Shiller PE Ratio?

As of today (2024-04-30), IHI's current share price is €22.00. IHI's E10 for the quarter that ended in Dec. 2023 was €0.41. IHI's Shiller PE Ratio for today is 53.66.

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

FRA:IWJ' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.94   Med: 23.28   Max: 62.58
Current: 54.66

During the past years, IHI's highest Shiller PE Ratio was 62.58. The lowest was 7.94. And the median was 23.28.

FRA:IWJ's Shiller PE Ratio is ranked worse than
80.17% of 1720 companies
in the Industrial Products industry
Industry Median: 25.35 vs FRA:IWJ: 54.66

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.

IHI's adjusted earnings per share data for the three months ended in Dec. 2023 was €1.177. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.41 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


IHI Shiller PE Ratio Historical Data

The historical data trend for IHI'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.

IHI Shiller PE Ratio Chart

IHI 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 19.30 9.60 18.96 20.05 21.12

IHI 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 24.61 21.12 25.00 52.44 42.35

Competitive Comparison of IHI's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, IHI'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.


IHI's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, IHI's Shiller PE Ratio distribution charts can be found below:

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



IHI 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.

IHI's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=22.00/0.41
=53.66

* 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.

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

For example, IHI'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)
=1.177/106.8000*106.8000
=1.177

Current CPI (Dec. 2023) = 106.8000.

IHI Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.076 95.700 0.085
201406 0.305 98.000 0.332
201409 0.675 98.500 0.732
201412 0.262 97.900 0.286
201503 -0.886 97.900 -0.967
201506 -0.002 98.400 -0.002
201509 -0.185 98.500 -0.201
201512 -1.485 98.100 -1.617
201603 1.844 97.900 2.012
201606 0.046 98.100 0.050
201609 -0.346 98.000 -0.377
201612 -0.207 98.400 -0.225
201703 0.773 98.100 0.842
201706 0.608 98.500 0.659
201709 -0.237 98.800 -0.256
201712 0.143 99.400 0.154
201803 -0.077 99.200 -0.083
201806 0.309 99.200 0.333
201809 1.103 99.900 1.179
201812 0.292 99.700 0.313
201903 0.295 99.700 0.316
201906 -0.147 99.800 -0.157
201909 -0.115 100.100 -0.123
201912 0.166 100.500 0.176
202003 0.550 100.300 0.586
202006 -0.342 99.900 -0.366
202009 -0.195 99.900 -0.208
202012 -0.018 99.300 -0.019
202103 1.207 99.900 1.290
202106 0.720 99.500 0.773
202109 0.051 100.100 0.054
202112 0.640 100.100 0.683
202203 1.956 101.100 2.066
202206 0.397 101.800 0.416
202209 0.588 103.100 0.609
202212 0.274 104.100 0.281
202303 0.808 104.400 0.827
202306 0.241 105.200 0.245
202309 -5.997 106.200 -6.031
202312 1.177 106.800 1.177

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.


IHI  (FRA:IWJ) 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.


IHI Shiller PE Ratio Related Terms

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


IHI (FRA:IWJ) Business Description

Traded in Other Exchanges
Address
1-1, Toyosu 3-chome, Koto-ku, Tokyo, JPN, 135-8710
IHI Corp produces power systems and plants, large steel structures, marine machinery, aerospace engines, and other industrial solutions. The global company attempts to develop innovative solutions and engineering capabilities for multiple projects and maintenance platforms. Its products cover a wide range of functions, including energy supply and distribution, urban development, enhancing manufacturing processes, and utilizing technologies for air travel. Revenues are roughly split between the company's four business areas: resources, energy, and environment; social infrastructure and offshore facilities; industrial systems and general-purpose machinery; and aero engine, space, and defense. Asia accounts for the majority of total sales, with China and Japan being key regions.

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