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Mitsubishi UFJ Financial Group (Mitsubishi UFJ Financial Group) Shiller PE Ratio : (As of May. 16, 2024)


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What is Mitsubishi UFJ Financial Group Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi UFJ Financial Group Shiller PE Ratio Historical Data

The historical data trend for Mitsubishi UFJ Financial Group'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 UFJ Financial Group Shiller PE Ratio Chart

Mitsubishi UFJ Financial Group 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 7.21 10.00 11.43 10.01 -

Mitsubishi UFJ Financial Group 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 10.01 11.77 12.07 11.55 -

Competitive Comparison of Mitsubishi UFJ Financial Group's Shiller PE Ratio

For the Banks - Diversified subindustry, Mitsubishi UFJ Financial Group'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 UFJ Financial Group's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mitsubishi UFJ Financial Group's Shiller PE Ratio distribution charts can be found below:

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



Mitsubishi UFJ Financial Group 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 UFJ Financial Group's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Mitsubishi UFJ Financial Group's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.11/107.2000*107.2000
=0.110

Current CPI (Mar. 2024) = 107.2000.

Mitsubishi UFJ Financial Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201009 0.478 94.700 0.541
201103 -0.121 94.600 -0.137
201109 0.167 94.700 0.189
201203 0.185 95.100 0.209
201209 0.530 94.400 0.602
201303 0.345 94.200 0.393
201309 0.263 95.400 0.296
201403 0.429 95.700 0.481
201409 0.543 98.500 0.591
201503 0.121 97.900 0.132
201509 0.226 98.500 0.246
201603 0.365 97.900 0.400
201609 0.539 98.000 0.590
201703 0.116 98.100 0.127
201709 0.533 98.800 0.578
201803 0.144 99.200 0.156
201806 0.218 99.200 0.236
201809 0.229 99.900 0.246
201812 0.152 99.700 0.163
201903 0.002 99.700 0.002
201906 0.278 99.800 0.299
201909 0.156 100.100 0.167
201912 -0.014 100.500 -0.015
202003 -0.043 100.300 -0.046
202006 0.132 99.900 0.142
202009 0.160 99.900 0.172
202012 0.154 99.300 0.166
202103 0.121 99.900 0.130
202106 0.270 99.500 0.291
202109 0.281 100.100 0.301
202112 0.197 100.100 0.211
202203 0.041 101.100 0.043
202206 0.067 101.800 0.071
202209 0.066 103.100 0.069
202212 0.067 104.100 0.069
202303 0.471 104.400 0.484
202306 0.327 105.200 0.333
202309 0.207 106.200 0.209
202312 0.215 106.800 0.216
202403 0.110 107.200 0.110

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 UFJ Financial Group  (NYSE:MUFG) 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 UFJ Financial Group Shiller PE Ratio Related Terms

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Mitsubishi UFJ Financial Group (Mitsubishi UFJ Financial Group) Business Description

Address
7-1, Marunouchi 2-Chome, Chiyoda-ku, Tokyo, JPN, 100-8330
Mitsubishi UFJ Financial Group is the largest bank in Japan in terms of market capitalization and assets, with an 8.1% share of all domestic loans as of March 2023. It is the largest non-Chinese bank group globally and has a balance sheet slightly larger than those of JPMorgan Chase and HSBC Holdings. MUFG's operations in Japan account for around half of profit, banking in Thailand and Indonesia for around 15%, and equity-method earnings from Morgan Stanley most of the rest.