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Okamura (TSE:7994) Shiller PE Ratio : 20.55 (As of Apr. 29, 2024)


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What is Okamura Shiller PE Ratio?

As of today (2024-04-29), Okamura's current share price is 円2352.00. Okamura's E10 for the quarter that ended in Dec. 2023 was 円114.45. Okamura's Shiller PE Ratio for today is 20.55.

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

TSE:7994' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.45   Med: 17.94   Max: 33.1
Current: 20.55

During the past years, Okamura's highest Shiller PE Ratio was 33.10. The lowest was 10.45. And the median was 17.94.

TSE:7994's Shiller PE Ratio is ranked better than
59.71% of 1720 companies
in the Industrial Products industry
Industry Median: 25.475 vs TSE:7994: 20.55

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.

Okamura's adjusted earnings per share data for the three months ended in Dec. 2023 was 円25.918. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円114.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Okamura Shiller PE Ratio Historical Data

The historical data trend for Okamura'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.

Okamura Shiller PE Ratio Chart

Okamura 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 20.42 13.20 17.08 13.72 13.32

Okamura 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 14.55 13.32 17.57 20.15 19.05

Competitive Comparison of Okamura's Shiller PE Ratio

For the Business Equipment & Supplies subindustry, Okamura'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.


Okamura's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Okamura's Shiller PE Ratio distribution charts can be found below:

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



Okamura 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.

Okamura's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2352.00/114.45
=20.55

* 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.

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

For example, Okamura'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)
=25.918/106.8000*106.8000
=25.918

Current CPI (Dec. 2023) = 106.8000.

Okamura Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 22.147 95.700 24.716
201406 8.910 98.000 9.710
201409 14.860 98.500 16.112
201412 8.650 97.900 9.436
201503 25.871 97.900 28.223
201506 16.690 98.400 18.115
201509 12.618 98.500 13.681
201512 12.910 98.100 14.055
201603 40.077 97.900 43.720
201606 21.190 98.100 23.069
201609 13.460 98.000 14.669
201612 9.377 98.400 10.177
201703 31.270 98.100 34.043
201706 16.280 98.500 17.652
201709 16.810 98.800 18.171
201712 10.276 99.400 11.041
201803 54.860 99.200 59.063
201806 19.110 99.200 20.574
201809 24.738 99.900 26.447
201812 10.840 99.700 11.612
201903 38.221 99.700 40.943
201906 19.470 99.800 20.836
201909 11.584 100.100 12.359
201912 14.350 100.500 15.250
202003 44.030 100.300 46.883
202006 0.010 99.900 0.011
202009 19.524 99.900 20.873
202012 31.600 99.300 33.987
202103 61.340 99.900 65.577
202106 33.040 99.500 35.464
202109 17.776 100.100 18.966
202112 27.475 100.100 29.314
202203 72.870 101.100 76.978
202206 26.230 101.800 27.518
202209 33.549 103.100 34.753
202212 34.194 104.100 35.081
202303 69.170 104.400 70.760
202306 64.060 105.200 65.034
202309 43.510 106.200 43.756
202312 25.918 106.800 25.918

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.


Okamura  (TSE:7994) 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.


Okamura Shiller PE Ratio Related Terms

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Okamura (TSE:7994) Business Description

Traded in Other Exchanges
N/A
Address
Bldg 19, No. 1, No. 4 Tenri Kitasaiwai 1-chome, Nishi-ku, Yokohama, JPN, 220-0004
Okamura Corp is a Japanese manufacturer that operates through three segments. The office furniture segment provides office seating, desks, storage, filing supplies, room furniture, and fixtures. The store displays segment comprises products including display fixtures for food and stores, checkout facilities, and showcases. The material handling systems and others segment consists of automated warehouse, conveyor systems, sorting systems, shelves, and equipment for plants and warehouses. Combined, the office furniture and store displays segments contribute the majority of group sales. Okamura's products are manufactured both in Japan and overseas and are delivered across the world by its distribution network.

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