GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Showa Manufacturing Co Ltd (FSE:5953) » Definitions » Shiller PE Ratio

Showa Manufacturing Co (FSE:5953) Shiller PE Ratio : 14.36 (As of May. 29, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Showa Manufacturing Co Shiller PE Ratio?

As of today (2024-05-29), Showa Manufacturing Co's current share price is 円3065.00. Showa Manufacturing Co's E10 for the quarter that ended in Dec. 2023 was 円213.37. Showa Manufacturing Co's Shiller PE Ratio for today is 14.36.

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

FSE:5953' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.8   Med: 10.5   Max: 12.61
Current: 12.61

During the past years, Showa Manufacturing Co's highest Shiller PE Ratio was 12.61. The lowest was 8.80. And the median was 10.50.

FSE:5953's Shiller PE Ratio is ranked better than
80.26% of 1383 companies
in the Hardware industry
Industry Median: 24.34 vs FSE:5953: 12.61

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.

Showa Manufacturing Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円342.247. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円213.37 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Showa Manufacturing Co Shiller PE Ratio Historical Data

The historical data trend for Showa Manufacturing Co'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.

Showa Manufacturing Co Shiller PE Ratio Chart

Showa Manufacturing Co 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 - - - - -

Showa Manufacturing Co 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 - - - 8.91 10.24

Competitive Comparison of Showa Manufacturing Co's Shiller PE Ratio

For the Electronic Components subindustry, Showa Manufacturing Co'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.


Showa Manufacturing Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Showa Manufacturing Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Showa Manufacturing Co's Shiller PE Ratio falls into.



Showa Manufacturing Co 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.

Showa Manufacturing Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3065.00/213.37
=14.36

* 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.

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

For example, Showa Manufacturing Co'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)
=342.247/106.8000*106.8000
=342.247

Current CPI (Dec. 2023) = 106.8000.

Showa Manufacturing Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -454.000 95.700 -506.658
201406 -266.600 98.000 -290.540
201409 -61.600 98.500 -66.791
201412 166.300 97.900 181.418
201503 277.200 97.900 302.400
201506 -248.600 98.400 -269.822
201509 76.062 98.500 82.471
201512 345.958 98.100 376.639
201603 -105.100 97.900 -114.655
201606 -51.900 98.100 -56.503
201609 322.848 98.000 351.838
201612 397.729 98.400 431.681
201703 -40.519 98.100 -44.112
201706 -22.970 98.500 -24.906
201709 155.935 98.800 168.561
201712 410.096 99.400 440.626
201803 1.170 99.200 1.260
201806 47.530 99.200 51.171
201809 -25.870 99.900 -27.657
201812 116.630 99.700 124.936
201903 180.534 99.700 193.390
201906 -275.240 99.800 -294.545
201909 -70.003 100.100 -74.689
201912 494.110 100.500 525.084
202003 -124.040 100.300 -132.078
202006 -252.700 99.900 -270.154
202009 -56.450 99.900 -60.349
202012 156.509 99.300 168.330
202103 404.040 99.900 431.947
202106 -205.770 99.500 -220.867
202109 -88.573 100.100 -94.501
202112 -166.227 100.100 -177.353
202203 339.757 101.100 358.912
202206 -218.760 101.800 -229.505
202209 30.970 103.100 32.081
202212 99.350 104.100 101.927
202303 182.043 104.400 186.228
202306 -36.550 105.200 -37.106
202309 271.851 106.200 273.387
202312 342.247 106.800 342.247

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.


Showa Manufacturing Co  (FSE:5953) 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.


Showa Manufacturing Co Shiller PE Ratio Related Terms

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


Showa Manufacturing Co (FSE:5953) Business Description

Traded in Other Exchanges
N/A
Address
Kasaya-gun, Fukuoka prefecture, Fukuoka, JPN, 811-2101
Showa Manufacturing Co Ltd manufactures and sales heat source and hot water supply products. It also provides air conditioning, environmental products, casting products, and special heat source products. Casting products include boilers which are used in jet engine parts and nuclear reactor parts, general machinery, automobiles. Special heat source product includes high-clean heat treatment furnace and ultra-thin electric heater which performs drying, baking, and annealing of PDP, LCD, OLED.

Showa Manufacturing Co (FSE:5953) Headlines

No Headlines