GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Toyota Industries Corp (TSE:6201) » Definitions » Shiller PE Ratio

Toyota Industries (TSE:6201) Shiller PE Ratio : 25.64 (As of Apr. 27, 2024)


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

What is Toyota Industries Shiller PE Ratio?

As of today (2024-04-27), Toyota Industries's current share price is 円14570.00. Toyota Industries's E10 for the quarter that ended in Dec. 2023 was 円568.21. Toyota Industries's Shiller PE Ratio for today is 25.64.

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

TSE:6201' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.19   Med: 19.33   Max: 28.48
Current: 24.3

During the past years, Toyota Industries's highest Shiller PE Ratio was 28.48. The lowest was 12.19. And the median was 19.33.

TSE:6201's Shiller PE Ratio is ranked worse than
55.8% of 138 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 22.35 vs TSE:6201: 24.30

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 Industries's adjusted earnings per share data for the three months ended in Dec. 2023 was 円296.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円568.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyota Industries Shiller PE Ratio Historical Data

The historical data trend for Toyota Industries'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 Industries Shiller PE Ratio Chart

Toyota Industries 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 17.23 13.63 24.24 18.81 14.44

Toyota Industries 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 14.35 14.44 19.31 21.52 20.24

Competitive Comparison of Toyota Industries's Shiller PE Ratio

For the Farm & Heavy Construction Machinery subindustry, Toyota Industries'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 Industries's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Toyota Industries's Shiller PE Ratio distribution charts can be found below:

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



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

Shiller PE Ratio=Share Price/ E10
=14570.00/568.21
=25.64

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

For example, Toyota Industries'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)
=296.3/106.8000*106.8000
=296.300

Current CPI (Dec. 2023) = 106.8000.

Toyota Industries Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 48.580 95.700 54.215
201406 127.810 98.000 139.287
201409 66.300 98.500 71.887
201412 129.470 97.900 141.240
201503 43.405 97.900 47.351
201506 147.680 98.400 160.287
201509 68.670 98.500 74.456
201512 333.740 98.100 363.338
201603 68.180 97.900 74.378
201606 136.700 98.100 148.823
201609 69.320 98.000 75.545
201612 158.580 98.400 172.117
201703 56.086 98.100 61.060
201706 193.080 98.500 209.350
201709 67.410 98.800 72.868
201712 210.270 99.400 225.924
201803 70.902 99.200 76.334
201806 172.110 99.200 185.296
201809 67.540 99.900 72.205
201812 167.420 99.700 179.343
201903 84.893 99.700 90.939
201906 173.080 99.800 185.220
201909 91.940 100.100 98.094
201912 151.520 100.500 161.018
202003 53.317 100.300 56.772
202006 77.530 99.900 82.885
202009 77.420 99.900 82.767
202012 198.860 99.300 213.880
202103 86.470 99.900 92.442
202106 249.930 99.500 268.267
202109 83.060 100.100 88.619
202112 191.310 100.100 204.115
202203 56.430 101.100 59.612
202206 230.690 101.800 242.021
202209 113.580 103.100 117.656
202212 200.790 104.100 205.998
202303 76.110 104.400 77.860
202306 280.140 105.200 284.401
202309 166.940 106.200 167.883
202312 296.300 106.800 296.300

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 Industries  (TSE:6201) 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 Industries Shiller PE Ratio Related Terms

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


Toyota Industries (TSE:6201) Business Description

Traded in Other Exchanges
Address
2-1, Toyoda-cho, Kariya-shi, Aichi, JPN, 448-8671
Toyota Industries Corp is primarily engaged in manufacturing and sale of automobiles, industrial vehicles, and textile machinery, as well as logistics business. The company manufactures and sells automobiles, engines, foundry pieces and electronic equipment. It also provides forklift trucks, warehouse equipment, automatic warehouse, vehicles for high-place work. In addition, it also engaged in the land transportation service, collection, and delivery service. The business of the group is primarily functioned through Japan and its amplifying internationally. Toyota derives most of the income through the sale of products and recycled waste products.

Toyota Industries (TSE:6201) Headlines

No Headlines