GURUFOCUS.COM » STOCK LIST » Industrials » Construction » TOTO Ltd (TSE:5332) » Definitions » Shiller PE Ratio

TOTO (TSE:5332) Shiller PE Ratio : 20.90 (As of Apr. 28, 2024)


View and export this data going back to 1949. Start your Free Trial

What is TOTO Shiller PE Ratio?

As of today (2024-04-28), TOTO's current share price is 円4337.00. TOTO's E10 for the quarter that ended in Dec. 2023 was 円207.47. TOTO's Shiller PE Ratio for today is 20.90.

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

TSE:5332' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.18   Med: 29.67   Max: 92.05
Current: 20.9

During the past years, TOTO's highest Shiller PE Ratio was 92.05. The lowest was 17.18. And the median was 29.67.

TSE:5332's Shiller PE Ratio is ranked worse than
62.17% of 978 companies
in the Construction industry
Industry Median: 15.75 vs TSE:5332: 20.90

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.

TOTO's adjusted earnings per share data for the three months ended in Dec. 2023 was 円57.830. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円207.47 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


TOTO Shiller PE Ratio Historical Data

The historical data trend for TOTO'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.

TOTO Shiller PE Ratio Chart

TOTO 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 32.58 22.71 39.89 25.92 21.14

TOTO 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 21.48 21.14 20.72 18.34 17.90

Competitive Comparison of TOTO's Shiller PE Ratio

For the Building Products & Equipment subindustry, TOTO'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.


TOTO's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, TOTO's Shiller PE Ratio distribution charts can be found below:

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



TOTO 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.

TOTO's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4337.00/207.47
=20.90

* 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.

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

For example, TOTO'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)
=57.83/106.8000*106.8000
=57.830

Current CPI (Dec. 2023) = 106.8000.

TOTO Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 62.180 95.700 69.392
201406 17.480 98.000 19.050
201409 33.120 98.500 35.911
201412 61.220 97.900 66.785
201503 35.500 97.900 38.727
201506 29.750 98.400 32.290
201509 75.280 98.500 81.623
201512 62.490 98.100 68.032
201603 43.920 97.900 47.913
201606 25.930 98.100 28.230
201609 51.500 98.000 56.124
201612 68.430 98.400 74.272
201703 48.500 98.100 52.801
201706 28.550 98.500 30.956
201709 60.380 98.800 65.269
201712 65.990 99.400 70.903
201803 62.040 99.200 66.793
201806 28.670 99.200 30.866
201809 49.730 99.900 53.165
201812 53.170 99.700 56.956
201903 59.330 99.700 63.555
201906 18.770 99.800 20.087
201909 54.360 100.100 57.998
201912 54.990 100.500 58.437
202003 10.900 100.300 11.606
202006 5.910 99.900 6.318
202009 20.010 99.900 21.392
202012 71.320 99.300 76.707
202103 61.770 99.900 66.036
202106 52.960 99.500 56.846
202109 64.130 100.100 68.422
202112 73.570 100.100 78.494
202203 45.840 101.100 48.424
202206 62.100 101.800 65.150
202209 48.990 103.100 50.748
202212 102.630 104.100 105.292
202303 15.750 104.400 16.112
202306 33.720 105.200 34.233
202309 64.540 106.200 64.905
202312 57.830 106.800 57.830

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.


TOTO  (TSE:5332) 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.


TOTO Shiller PE Ratio Related Terms

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


TOTO (TSE:5332) Business Description

Traded in Other Exchanges
Address
1-1, Nakashima 2-chome, Kokurakita-Ku, Kitakyushu, Fukuoka, JPN, 802-8601
TOTO Ltd manufactures and sells bathroom materials for maintenance, improvement, construction and home improvement projects. The company's product portfolio includes toilets, urinals, sinks, plumbing accessories, bathtubs, unit bathrooms, faucets, drain fittings, marble counters, and advanced ceramics. The firm organizes itself based on geography. The Domestic segment, which generates the majority of revenue, sells its products throughout Japan. The International segment sells products throughout the rest of the world.

TOTO (TSE:5332) Headlines

No Headlines