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Murata Manufacturing Co (TSE:6981) Shiller PE Ratio : (As of Apr. 29, 2024)


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What is Murata Manufacturing Co Shiller PE Ratio?

Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Murata Manufacturing Co Shiller PE Ratio Historical Data

The historical data trend for Murata Manufacturing 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.

Murata Manufacturing Co Shiller PE Ratio Chart

Murata Manufacturing Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.00 38.40 29.70 26.41 -

Murata Manufacturing Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 26.41 26.43 26.18 28.22 -

Competitive Comparison of Murata Manufacturing Co's Shiller PE Ratio

For the Electronic Components subindustry, Murata Manufacturing 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.


Murata Manufacturing Co's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Murata Manufacturing 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.

Murata Manufacturing Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Murata Manufacturing Co's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0/107.2000*107.2000
=0.000

Current CPI (Mar. 2024) = 107.2000.

Murata Manufacturing Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 14.132 98.000 15.459
201409 21.822 98.500 23.749
201412 32.902 97.900 36.028
201503 19.159 97.900 20.979
201506 24.437 98.400 26.622
201509 36.112 98.500 39.302
201512 31.892 98.100 34.850
201603 14.509 97.900 15.887
201606 19.709 98.100 21.537
201609 24.561 98.000 26.867
201612 22.086 98.400 24.061
201703 15.182 98.100 16.590
201706 17.307 98.500 18.836
201709 30.259 98.800 32.832
201712 15.329 99.400 16.532
201803 13.335 99.200 14.410
201806 20.310 99.200 21.948
201809 36.118 99.900 38.757
201812 31.318 99.700 33.674
201903 20.069 99.700 21.579
201906 24.397 99.800 26.206
201909 22.875 100.100 24.498
201912 29.203 100.500 31.150
202003 3.490 100.300 3.730
202006 20.623 99.900 22.130
202009 31.403 99.900 33.698
202012 39.837 99.300 43.006
202103 31.641 99.900 33.953
202106 26.567 99.500 28.623
202109 47.183 100.100 50.530
202112 43.057 100.100 46.111
202203 33.180 101.100 35.182
202206 39.797 101.800 41.908
202209 15.070 103.100 15.669
202212 27.020 104.100 27.825
202303 21.634 104.400 22.214
202306 26.520 105.200 27.024
202309 13.243 106.200 13.368
202312 26.130 106.800 26.228
202403 0.000 107.200 0.000

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.


Murata Manufacturing Co  (TSE:6981) 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.


Murata Manufacturing Co Shiller PE Ratio Related Terms

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Murata Manufacturing Co (TSE:6981) Business Description

Traded in Other Exchanges
Address
No. 10 No. 1 Yubinbango, Nagaokakyo, 1-chome, Kyoto Higashikotari, Nagaokakyo, JPN, 617-8555
Murata Manufacturing produces passive components for electronic devices. Passive components are necessary for all electronic circuits, used to enable wireless communication, store electricity and handle electric flow, remove electromagnetic noise from circuits, and so on. Thus, passive components are imperative for electronic circuits. For instance, one high-end smartphone contains more than 1,000 passive components. Murata Manufacturing is the global top passive components supplier with 40% market share on MLCC and SAW filters.

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