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Mitsui (TSE:8031) Shiller PE Ratio : 23.98 (As of Apr. 30, 2024)


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What is Mitsui Shiller PE Ratio?

As of today (2024-04-30), Mitsui's current share price is 円7519.00. Mitsui's E10 for the quarter that ended in Dec. 2023 was 円313.55. Mitsui's Shiller PE Ratio for today is 23.98.

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

TSE:8031' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.21   Med: 10.93   Max: 23.98
Current: 23.98

During the past years, Mitsui's highest Shiller PE Ratio was 23.98. The lowest was 7.21. And the median was 10.93.

TSE:8031's Shiller PE Ratio is ranked worse than
67.94% of 340 companies
in the Conglomerates industry
Industry Median: 16.02 vs TSE:8031: 23.98

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.

Mitsui's adjusted earnings per share data for the three months ended in Dec. 2023 was 円179.500. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円313.55 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsui Shiller PE Ratio Historical Data

The historical data trend for Mitsui'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.

Mitsui Shiller PE Ratio Chart

Mitsui 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 10.33 8.29 12.59 15.39 14.79

Mitsui 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 14.75 14.79 18.73 18.03 16.90

Competitive Comparison of Mitsui's Shiller PE Ratio

For the Conglomerates subindustry, Mitsui'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.


Mitsui's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mitsui's Shiller PE Ratio distribution charts can be found below:

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



Mitsui 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.

Mitsui's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=7519.00/313.55
=23.98

* 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.

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

For example, Mitsui'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)
=179.5/106.8000*106.8000
=179.500

Current CPI (Dec. 2023) = 106.8000.

Mitsui Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 18.590 95.700 20.746
201406 71.300 98.000 77.702
201409 52.910 98.500 57.368
201412 17.710 97.900 19.320
201503 29.040 97.900 31.680
201506 54.070 98.400 58.686
201509 18.790 98.500 20.373
201512 2.120 98.100 2.308
201603 -121.530 97.900 -132.578
201606 34.100 98.100 37.124
201609 33.920 98.000 36.966
201612 60.410 98.400 65.567
201703 42.670 98.100 46.454
201706 62.750 98.500 68.038
201709 72.260 98.800 78.111
201712 78.470 99.400 84.312
201803 24.020 99.200 25.860
201806 68.080 99.200 73.296
201809 60.060 99.900 64.208
201812 73.130 99.700 78.338
201903 36.880 99.700 39.506
201906 71.880 99.800 76.922
201909 62.730 100.100 66.929
201912 58.160 100.500 61.806
202003 33.160 100.300 35.309
202006 36.900 99.900 39.449
202009 28.220 99.900 30.169
202012 52.920 99.300 56.917
202103 81.230 99.900 86.840
202106 115.680 99.500 124.167
202109 130.630 100.100 139.373
202112 141.130 100.100 150.576
202203 174.380 101.100 184.212
202206 172.370 101.800 180.836
202209 167.220 103.100 173.221
202212 193.640 104.100 198.662
202303 188.420 104.400 192.751
202306 166.350 105.200 168.880
202309 134.830 106.200 135.592
202312 179.500 106.800 179.500

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.


Mitsui  (TSE:8031) 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.


Mitsui Shiller PE Ratio Related Terms

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


Mitsui (TSE:8031) Business Description

Traded in Other Exchanges
Address
1-3, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8631
Mitsui & Co Ltd is a general trading company with a wide range of business activities in the areas of iron and steel, mineral and metal resources, machinery and infrastructure, chemicals, energy, lifestyle, innovation, and corporate development. The firm also participates in the development of natural resources, and it has minority interests in several upstream resource projects, which include iron ore and coal projects in Australia; copper mining projects in Chile; and oil and gas projects in Asia, the Middle East, and the United States.

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