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Taiyo Yuden Co (TSE:6976) Shiller PE Ratio : 21.95 (As of May. 02, 2024)


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What is Taiyo Yuden Co Shiller PE Ratio?

As of today (2024-05-02), Taiyo Yuden Co's current share price is 円3707.00. Taiyo Yuden Co's E10 for the quarter that ended in Dec. 2023 was 円168.90. Taiyo Yuden Co's Shiller PE Ratio for today is 21.95.

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

TSE:6976' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.92   Med: 57   Max: 306.26
Current: 21.75

During the past years, Taiyo Yuden Co's highest Shiller PE Ratio was 306.26. The lowest was 19.92. And the median was 57.00.

TSE:6976's Shiller PE Ratio is ranked better than
54.49% of 1380 companies
in the Hardware industry
Industry Median: 23.795 vs TSE:6976: 21.75

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.

Taiyo Yuden Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円1.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円168.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiyo Yuden Co Shiller PE Ratio Historical Data

The historical data trend for Taiyo Yuden Co'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.

Taiyo Yuden Co Shiller PE Ratio Chart

Taiyo Yuden Co 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 55.85 52.88 63.61 38.03 26.45

Taiyo Yuden Co 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 22.54 26.45 24.48 23.89 22.08

Competitive Comparison of Taiyo Yuden Co's Shiller PE Ratio

For the Electronic Components subindustry, Taiyo Yuden Co'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.


Taiyo Yuden Co's Shiller PE Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Taiyo Yuden Co's Shiller PE Ratio falls into.



Taiyo Yuden Co 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.

Taiyo Yuden Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3707.00/168.9
=21.95

* 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.

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

For example, Taiyo Yuden Co'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)
=1.33/106.8000*106.8000
=1.330

Current CPI (Dec. 2023) = 106.8000.

Taiyo Yuden Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 7.170 95.700 8.002
201406 -9.350 98.000 -10.190
201409 15.508 98.500 16.815
201412 44.400 97.900 48.436
201503 38.900 97.900 42.436
201506 23.950 98.400 25.995
201509 38.310 98.500 41.538
201512 50.360 98.100 54.826
201603 2.920 97.900 3.185
201606 1.740 98.100 1.894
201609 5.330 98.000 5.809
201612 31.820 98.400 34.536
201703 3.540 98.100 3.854
201706 24.340 98.500 26.391
201709 33.360 98.800 36.061
201712 41.450 99.400 44.536
201803 28.730 99.200 30.931
201806 44.140 99.200 47.522
201809 42.070 99.900 44.976
201812 67.780 99.700 72.607
201903 27.860 99.700 29.844
201906 56.130 99.800 60.067
201909 64.850 100.100 69.191
201912 37.150 100.500 39.479
202003 -15.490 100.300 -16.494
202006 36.090 99.900 38.583
202009 54.820 99.900 58.606
202012 66.590 99.300 71.619
202103 69.820 99.900 74.642
202106 103.020 99.500 110.578
202109 122.910 100.100 131.137
202112 106.480 100.100 113.607
202203 99.780 101.100 105.406
202206 97.920 101.800 102.729
202209 101.120 103.100 104.749
202212 15.770 104.100 16.179
202303 -29.180 104.400 -29.851
202306 7.220 105.200 7.330
202309 19.980 106.200 20.093
202312 1.330 106.800 1.330

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.


Taiyo Yuden Co  (TSE:6976) 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.


Taiyo Yuden Co Shiller PE Ratio Related Terms

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Taiyo Yuden Co (TSE:6976) Business Description

Traded in Other Exchanges
Address
6-16-20, Ueno, Taito-ku, Tokyo, JPN, 110-0005
Taiyo Yuden produces passive components for electronic devices. Passive components are used to enable wireless communication, store electricity, handle electric flow, remove electromagnetic noise from circuits, and so on. Passive components are imperative for electronic circuits—for instance, one high-end smartphone contains more than 1,000 passive components. Taiyo Yuden is the global third multilayer ceramic capacitor player, with 13% market share in 2021.

Taiyo Yuden Co (TSE:6976) Headlines

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