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Mitsubishi Motors (FRA:MMO) Shiller PE Ratio : 22.87 (As of Jun. 08, 2024)


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What is Mitsubishi Motors Shiller PE Ratio?

As of today (2024-06-08), Mitsubishi Motors's current share price is €2.516. Mitsubishi Motors's E10 for the quarter that ended in Dec. 2023 was €0.11. Mitsubishi Motors's Shiller PE Ratio for today is 22.87.

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

FRA:MMO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.79   Med: 13.36   Max: 33.9
Current: 25.86

During the past years, Mitsubishi Motors's highest Shiller PE Ratio was 33.90. The lowest was 1.79. And the median was 13.36.

FRA:MMO's Shiller PE Ratio is ranked worse than
66.19% of 837 companies
in the Vehicles & Parts industry
Industry Median: 17.43 vs FRA:MMO: 25.86

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.

Mitsubishi Motors's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.151. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.11 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Motors Shiller PE Ratio Historical Data

The historical data trend for Mitsubishi Motors'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.

Mitsubishi Motors Shiller PE Ratio Chart

Mitsubishi Motors 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 5.14 8.92 9.07 21.55 -

Mitsubishi Motors 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 21.55 19.44 29.74 26.56 -

Competitive Comparison of Mitsubishi Motors's Shiller PE Ratio

For the Auto Manufacturers subindustry, Mitsubishi Motors'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.


Mitsubishi Motors's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

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

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



Mitsubishi Motors 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.

Mitsubishi Motors's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.516/0.11
=22.87

* 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.

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

For example, Mitsubishi Motors'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)
=0.151/106.8000*106.8000
=0.151

Current CPI (Dec. 2023) = 106.8000.

Mitsubishi Motors Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.100 95.700 0.112
201406 0.206 98.000 0.224
201409 0.240 98.500 0.260
201412 0.261 97.900 0.285
201503 0.153 97.900 0.167
201506 0.176 98.400 0.191
201509 0.212 98.500 0.230
201512 0.189 98.100 0.206
201603 -0.034 97.900 -0.037
201606 -1.114 98.100 -1.213
201609 -0.800 98.000 -0.872
201612 0.034 98.400 0.037
201703 0.082 98.100 0.089
201706 0.124 98.500 0.134
201709 0.129 98.800 0.139
201712 0.109 99.400 0.117
201803 0.193 99.200 0.208
201806 0.147 99.200 0.158
201809 0.121 99.900 0.129
201812 0.091 99.700 0.097
201903 0.340 99.700 0.364
201906 0.051 99.800 0.055
201909 -0.038 100.100 -0.041
201912 -0.080 100.500 -0.085
202003 -0.079 100.300 -0.084
202006 -0.977 99.900 -1.044
202009 -0.182 99.900 -0.195
202012 -0.181 99.300 -0.195
202103 -0.355 99.900 -0.380
202106 0.031 99.500 0.033
202109 0.081 100.100 0.086
202112 0.121 100.100 0.129
202203 0.151 101.100 0.160
202206 0.183 101.800 0.192
202209 0.209 103.100 0.217
202212 0.226 104.100 0.232
202303 0.178 104.400 0.182
202306 0.210 105.200 0.213
202309 0.083 106.200 0.083
202312 0.151 106.800 0.151

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.


Mitsubishi Motors  (FRA:MMO) 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.


Mitsubishi Motors Shiller PE Ratio Related Terms

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


Mitsubishi Motors (FRA:MMO) Business Description

Traded in Other Exchanges
Address
5-33-8, Shiba, Minato - ku, Tokyo, JPN, 108-8410
Mitsubishi Motors is a Japanese automobile manufacturer. The company principally produces small passenger vehicles, electric and hybrid vehicles, and sport utility vehicles, or SUVs. Mitsubishi Motors is organised into two business segments: automobile business and automobile financing business. The company derives the vast majority of company revenue from the automotive business. Geographically, the company is separated into five regions: Japan, North America, Europe, Asia (excluding Japan), and other. With more than half of its products manufactures in Japan where it also generates the majority of its consolidated revenue, followed by Asia, and North America.

Mitsubishi Motors (FRA:MMO) Headlines

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