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Tokyu (TSE:9005) Shiller PE Ratio : 27.10 (As of Apr. 30, 2024)


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What is Tokyu Shiller PE Ratio?

As of today (2024-04-30), Tokyu's current share price is 円1864.50. Tokyu's E10 for the quarter that ended in Dec. 2023 was 円68.79. Tokyu's Shiller PE Ratio for today is 27.10.

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

TSE:9005' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.2   Med: 23.39   Max: 35.11
Current: 27.1

During the past years, Tokyu's highest Shiller PE Ratio was 35.11. The lowest was 14.20. And the median was 23.39.

TSE:9005's Shiller PE Ratio is ranked worse than
69.29% of 560 companies
in the Retail - Cyclical industry
Industry Median: 17.135 vs TSE:9005: 27.10

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.

Tokyu's adjusted earnings per share data for the three months ended in Dec. 2023 was 円25.072. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円68.79 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tokyu Shiller PE Ratio Historical Data

The historical data trend for Tokyu'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.

Tokyu Shiller PE Ratio Chart

Tokyu 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 23.29 19.32 20.59 23.47 26.38

Tokyu 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 24.13 26.38 25.44 25.03 25.02

Competitive Comparison of Tokyu's Shiller PE Ratio

For the Department Stores subindustry, Tokyu'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.


Tokyu's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tokyu's Shiller PE Ratio distribution charts can be found below:

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



Tokyu 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.

Tokyu's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1864.50/68.79
=27.10

* 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.

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

For example, Tokyu'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)
=25.072/106.8000*106.8000
=25.072

Current CPI (Dec. 2023) = 106.8000.

Tokyu Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 19.580 95.700 21.851
201406 19.560 98.000 21.316
201409 17.400 98.500 18.866
201412 14.860 97.900 16.211
201503 13.916 97.900 15.181
201506 26.840 98.400 29.131
201509 33.552 98.500 36.379
201512 21.272 98.100 23.159
201603 7.252 97.900 7.911
201606 60.740 98.100 66.127
201609 25.506 98.000 27.796
201612 38.401 98.400 41.679
201703 15.588 98.100 16.970
201706 33.500 98.500 36.323
201709 27.360 98.800 29.575
201712 41.870 99.400 44.987
201803 12.685 99.200 13.657
201806 22.290 99.200 23.998
201809 32.470 99.900 34.713
201812 22.190 99.700 23.770
201903 18.188 99.700 19.483
201906 26.940 99.800 28.830
201909 26.070 100.100 27.815
201912 22.760 100.500 24.187
202003 -6.023 100.300 -6.413
202006 -33.340 99.900 -35.643
202009 -11.624 99.900 -12.427
202012 1.050 99.300 1.129
202103 -49.175 99.900 -52.571
202106 15.450 99.500 16.584
202109 24.625 100.100 26.273
202112 9.919 100.100 10.583
202203 -35.530 101.100 -37.533
202206 12.080 101.800 12.673
202209 18.590 103.100 19.257
202212 9.560 104.100 9.808
202303 2.710 104.400 2.772
202306 32.690 105.200 33.187
202309 25.097 106.200 25.239
202312 25.072 106.800 25.072

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.


Tokyu  (TSE:9005) 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.


Tokyu Shiller PE Ratio Related Terms

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


Tokyu (TSE:9005) Business Description

Traded in Other Exchanges
Address
5-6 Nanpeidai-cho Shibuya-ku, Tokyo, JPN, 150-8511
Tokyu Corp provides passenger rail transportation, bus transportation, truckload services, and air transportation serving the Tokyo and its surrounding areas. The segments in which the group operates includes Transportation, Real Estate, Life service, Hotel and Resort and Business support. The company operates department stores, real estate leasing, and hotel businesses. Through its subsidiaries, Tokyu offers leisure-related services such as travel agents, theaters, golf, and rent car agents. Geographically, it operates through Japan and derives the majority of revenue from Transportation segment.

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