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Asahi Group Holdings (TSE:2502) Shiller PE Ratio : 19.81 (As of May. 05, 2024)


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What is Asahi Group Holdings Shiller PE Ratio?

As of today (2024-05-05), Asahi Group Holdings's current share price is 円5429.00. Asahi Group Holdings's E10 for the quarter that ended in Dec. 2023 was 円274.03. Asahi Group Holdings's Shiller PE Ratio for today is 19.81.

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

TSE:2502' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.49   Med: 23.07   Max: 34.35
Current: 19.81

During the past years, Asahi Group Holdings's highest Shiller PE Ratio was 34.35. The lowest was 15.49. And the median was 23.07.

TSE:2502's Shiller PE Ratio is ranked better than
58.21% of 134 companies
in the Beverages - Alcoholic industry
Industry Median: 23.81 vs TSE:2502: 19.81

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.

Asahi Group Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was 円61.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円274.03 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asahi Group Holdings Shiller PE Ratio Historical Data

The historical data trend for Asahi Group Holdings'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.

Asahi Group Holdings Shiller PE Ratio Chart

Asahi Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.06 20.81 20.02 16.54 19.19

Asahi Group Holdings 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 16.54 19.37 21.36 20.78 19.19

Competitive Comparison of Asahi Group Holdings's Shiller PE Ratio

For the Beverages - Brewers subindustry, Asahi Group Holdings'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.


Asahi Group Holdings's Shiller PE Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Asahi Group Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Asahi Group Holdings's Shiller PE Ratio falls into.



Asahi Group Holdings 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.

Asahi Group Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5429.00/274.03
=19.81

* 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.

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

For example, Asahi Group Holdings'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)
=61.25/106.8000*106.8000
=61.250

Current CPI (Dec. 2023) = 106.8000.

Asahi Group Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 5.350 95.700 5.971
201406 35.930 98.000 39.156
201409 75.310 98.500 81.656
201412 31.800 97.900 34.691
201503 28.780 97.900 31.396
201506 56.720 98.400 61.562
201509 64.270 98.500 69.686
201512 14.980 98.100 16.309
201603 4.690 97.900 5.116
201606 62.420 98.100 67.956
201609 61.010 98.000 66.488
201612 66.620 98.400 72.307
201703 6.090 98.100 6.630
201706 82.800 98.500 89.777
201709 115.820 98.800 125.198
201712 103.070 99.400 110.743
201803 32.300 99.200 34.775
201806 99.490 99.200 107.112
201809 122.510 99.900 130.972
201812 75.480 99.700 80.855
201903 33.260 99.700 35.629
201906 101.080 99.800 108.170
201909 112.030 100.100 119.529
201912 64.060 100.500 68.076
202003 18.190 100.300 19.369
202006 44.600 99.900 47.680
202009 101.480 99.900 108.489
202012 31.370 99.300 33.739
202103 65.490 99.900 70.013
202106 91.010 99.500 97.687
202109 89.310 100.100 95.288
202112 57.070 100.100 60.890
202203 8.580 101.100 9.064
202206 103.910 101.800 109.014
202209 113.390 103.100 117.459
202212 73.180 104.100 75.078
202303 39.410 104.400 40.316
202306 90.430 105.200 91.805
202309 132.680 106.200 133.430
202312 61.250 106.800 61.250

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.


Asahi Group Holdings  (TSE:2502) 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.


Asahi Group Holdings Shiller PE Ratio Related Terms

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


Asahi Group Holdings (TSE:2502) Business Description

Traded in Other Exchanges
Address
1-23-1, Azumabashi, Sumida-ku, Tokyo, JPN, 130-8602
Asahi is a leading brewer in Japan with an estimated 36.5% market share by volume in Japan's beer and beer-like market, led by its Asahi Super Dry beer brand. It also operates a wide range of acholic and soft beverage products as well as packaged foods, mainly in Japan. It has made inroads into Europe through acquisitions of SABMiller's brands including Peroni and Pilsner Urquell in Western and Central Europe in 2016 and 2017. The acquisition of Carlton United Breweries has granted Asahi the leading market share in Australia's beer market with Great Northern the leading brand. East Asia including China and Southeast Asia are the other overseas markets where Asahi is growing. Overseas business represents nearly half of the group sales and 60% of business profits.

Asahi Group Holdings (TSE:2502) Headlines

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