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Toyota Motor (TSE:7203) Shiller PE Ratio : 19.49 (As of Apr. 30, 2024)


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What is Toyota Motor Shiller PE Ratio?

As of today (2024-04-30), Toyota Motor's current share price is 円3510.00. Toyota Motor's E10 for the quarter that ended in Dec. 2023 was 円180.08. Toyota Motor's Shiller PE Ratio for today is 19.49.

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

TSE:7203' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.33   Med: 16.2   Max: 26.73
Current: 19.49

During the past years, Toyota Motor's highest Shiller PE Ratio was 26.73. The lowest was 11.33. And the median was 16.20.

TSE:7203's Shiller PE Ratio is ranked worse than
54.51% of 820 companies
in the Vehicles & Parts industry
Industry Median: 17.81 vs TSE:7203: 19.49

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 Motor's adjusted earnings per share data for the three months ended in Dec. 2023 was 円100.620. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円180.08 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyota Motor Shiller PE Ratio Historical Data

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

Toyota Motor 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 13.62 11.95 14.18 15.67 11.91

Toyota Motor 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 11.65 11.91 14.01 15.50 14.39

Competitive Comparison of Toyota Motor's Shiller PE Ratio

For the Auto Manufacturers subindustry, Toyota Motor'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 Motor's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Toyota Motor's Shiller PE Ratio distribution charts can be found below:

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



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

Shiller PE Ratio=Share Price/ E10
=3510.00/180.08
=19.49

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

For example, Toyota Motor'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)
=100.62/106.8000*106.8000
=100.620

Current CPI (Dec. 2023) = 106.8000.

Toyota Motor Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 18.730 95.700 20.902
201406 37.068 98.000 40.397
201409 34.108 98.500 36.982
201412 37.954 97.900 41.404
201503 28.396 97.900 30.977
201506 41.060 98.400 44.565
201509 38.502 98.500 41.746
201512 39.908 98.100 43.447
201603 27.614 97.900 30.124
201606 35.822 98.100 38.999
201609 25.708 98.000 28.016
201612 31.908 98.400 34.632
201703 26.374 98.100 28.713
201706 40.568 98.500 43.986
201709 30.574 98.800 33.050
201712 62.998 99.400 67.688
201803 32.494 99.200 34.983
201806 44.466 99.200 47.873
201809 40.042 99.900 42.808
201812 12.370 99.700 13.251
201903 31.878 99.700 34.148
201906 43.238 99.800 46.271
201909 37.424 100.100 39.929
201912 39.726 100.500 42.216
202003 23.586 100.300 25.115
202006 11.374 99.900 12.160
202009 33.340 99.900 35.643
202012 59.250 99.300 63.725
202103 54.920 99.900 58.713
202106 64.220 99.500 68.932
202109 45.010 100.100 48.023
202112 57.180 100.100 61.007
202203 38.780 101.100 40.966
202206 53.650 101.800 56.285
202209 31.730 103.100 32.869
202212 53.400 104.100 54.785
202303 40.690 104.400 41.625
202306 96.740 105.200 98.211
202309 94.510 106.200 95.044
202312 100.620 106.800 100.620

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 Motor  (TSE:7203) 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 Motor Shiller PE Ratio Related Terms

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


Toyota Motor (TSE:7203) Business Description

Address
1 Toyota-cho, Aichi Prefecture, Toyota, JPN, 471-8571
Founded in 1937, Toyota is one of the world's largest automakers with 10.56 million units sold at retail in fiscal 2023 across its light vehicle brands. Brands include Toyota, Lexus, Daihatsu, and truck maker Hino; market share in Japan is about 51% excluding mini-vehicles, while U.S. share is around 15%. The firm also owns 3.3% of Denso, a parts supplier, about 20% of Subaru, and holds investments in many other firms, including shares of Uber Technologies, Joby Aviation, Aurora Innovation, Isuzu Motors, and about 5% in each of Mazda and Suzuki. Fiscal 2023 sales excluding financial services were JPY 34.4 trillion. Toyota also has a financing arm and manufactures homes and boats.

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