GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TDK Corp (TSE:6762) » Definitions » Shiller PE Ratio

TDK (TSE:6762) Shiller PE Ratio : 29.74 (As of Apr. 28, 2024)


View and export this data going back to 1961. Start your Free Trial

What is TDK Shiller PE Ratio?

As of today (2024-04-28), TDK's current share price is 円7312.00. TDK's E10 for the quarter that ended in Dec. 2023 was 円245.86. TDK's Shiller PE Ratio for today is 29.74.

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

TSE:6762' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.1   Med: 28.73   Max: 55.88
Current: 29.74

During the past years, TDK's highest Shiller PE Ratio was 55.88. The lowest was 16.10. And the median was 28.73.

TSE:6762's Shiller PE Ratio is ranked worse than
57.2% of 1362 companies
in the Hardware industry
Industry Median: 23.16 vs TSE:6762: 29.74

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.

TDK's adjusted earnings per share data for the three months ended in Dec. 2023 was 円171.880. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円245.86 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


TDK Shiller PE Ratio Historical Data

The historical data trend for TDK'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.

TDK Shiller PE Ratio Chart

TDK 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 22.87 20.15 36.40 25.09 22.09

TDK 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 20.02 22.09 25.39 24.09 27.32

Competitive Comparison of TDK's Shiller PE Ratio

For the Electronic Components subindustry, TDK'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.


TDK's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TDK's Shiller PE Ratio distribution charts can be found below:

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



TDK 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.

TDK's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=7312.00/245.86
=29.74

* 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.

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

For example, TDK'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)
=171.88/106.8000*106.8000
=171.880

Current CPI (Dec. 2023) = 106.8000.

TDK Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.483 95.700 0.539
201406 15.027 98.000 16.376
201409 31.720 98.500 34.393
201412 41.647 97.900 45.433
201503 37.577 97.900 40.993
201506 33.577 98.400 36.443
201509 46.327 98.500 50.231
201512 63.183 98.100 68.786
201603 22.230 97.900 24.251
201606 32.230 98.100 35.088
201609 52.537 98.000 57.255
201612 63.187 98.400 68.581
201703 232.543 98.100 253.166
201706 28.870 98.500 31.303
201709 51.987 98.800 56.196
201712 56.837 99.400 61.068
201803 29.470 99.200 31.728
201806 42.647 99.200 45.914
201809 65.520 99.900 70.045
201812 59.017 99.700 63.220
201903 49.303 99.700 52.814
201906 41.050 99.800 43.929
201909 77.290 100.100 82.463
201912 77.613 100.500 82.478
202003 -43.897 100.300 -46.742
202006 34.740 99.900 37.139
202009 25.483 99.900 27.243
202012 81.240 99.300 87.376
202103 4.230 99.900 4.522
202106 70.940 99.500 76.145
202109 110.340 100.100 117.725
202112 127.410 100.100 135.938
202203 36.960 101.100 39.044
202206 82.670 101.800 86.730
202209 146.230 103.100 151.478
202212 131.420 104.100 134.829
202303 -59.870 104.400 -61.246
202306 38.760 105.200 39.350
202309 103.880 106.200 104.467
202312 171.880 106.800 171.880

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.


TDK  (TSE:6762) 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.


TDK Shiller PE Ratio Related Terms

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


TDK (TSE:6762) Business Description

Traded in Other Exchanges
Address
Shibaura Renasite Tower, 3-9-1 Shibaura, Minato-ku, Tokyo, JPN
Founded in 1935, TDK has its origin in magnetic materials, being the first company to commercialize ferrite in the world, and it used to be known as one of the major cassette-tape manufacturers. TDK is now the only external supplier for magnetic recording heads for hard disk drives, and the company intends to expand its magnetic sensor business for handsets and automobiles by leveraging its expertise. It is also one of the global top suppliers of passive components for autos and polymer rechargeable batteries for smartphones. The company acquired InvenSense in 2017, making it one of the largest MEMS sensor companies in the world.

TDK (TSE:6762) Headlines

No Headlines