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Olba Healthcare Holdings (TSE:2689) Shiller PE Ratio : 14.08 (As of May. 22, 2024)


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What is Olba Healthcare Holdings Shiller PE Ratio?

As of today (2024-05-22), Olba Healthcare Holdings's current share price is 円2159.00. Olba Healthcare Holdings's E10 for the quarter that ended in Dec. 2023 was 円153.30. Olba Healthcare Holdings's Shiller PE Ratio for today is 14.08.

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

TSE:2689' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.3   Med: 12.66   Max: 22.68
Current: 14.34

During the past years, Olba Healthcare Holdings's highest Shiller PE Ratio was 22.68. The lowest was 8.30. And the median was 12.66.

TSE:2689's Shiller PE Ratio is ranked better than
75.47% of 53 companies
in the Medical Distribution industry
Industry Median: 19.67 vs TSE:2689: 14.34

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.

Olba Healthcare Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was 円53.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円153.30 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Olba Healthcare Holdings Shiller PE Ratio Historical Data

The historical data trend for Olba Healthcare 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.

Olba Healthcare Holdings Shiller PE Ratio Chart

Olba Healthcare Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.53 12.39 13.88 11.89 12.01

Olba Healthcare 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 10.74 12.19 12.01 12.01 11.60

Competitive Comparison of Olba Healthcare Holdings's Shiller PE Ratio

For the Medical Distribution subindustry, Olba Healthcare 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.


Olba Healthcare Holdings's Shiller PE Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Olba Healthcare Holdings's Shiller PE Ratio distribution charts can be found below:

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



Olba Healthcare 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.

Olba Healthcare Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2159.00/153.3
=14.08

* 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.

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

For example, Olba Healthcare 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)
=53.11/106.8000*106.8000
=53.110

Current CPI (Dec. 2023) = 106.8000.

Olba Healthcare Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 86.570 95.700 96.611
201406 -8.910 98.000 -9.710
201409 2.330 98.500 2.526
201412 18.230 97.900 19.887
201503 26.234 97.900 28.619
201506 25.440 98.400 27.612
201509 -12.940 98.500 -14.030
201512 29.240 98.100 31.833
201603 36.880 97.900 40.233
201606 1.302 98.100 1.417
201609 3.720 98.000 4.054
201612 63.568 98.400 68.995
201703 50.597 98.100 55.084
201706 5.207 98.500 5.646
201709 36.500 98.800 39.455
201712 69.556 99.400 74.734
201803 68.920 99.200 74.200
201806 12.880 99.200 13.867
201809 -1.400 99.900 -1.497
201812 67.660 99.700 72.478
201903 41.828 99.700 44.807
201906 30.146 99.800 32.260
201909 43.430 100.100 46.337
201912 -13.230 100.500 -14.059
202003 51.130 100.300 54.444
202006 -24.570 99.900 -26.267
202009 8.970 99.900 9.590
202012 55.010 99.300 59.165
202103 81.313 99.900 86.929
202106 17.360 99.500 18.634
202109 28.810 100.100 30.738
202112 58.760 100.100 62.693
202203 98.720 101.100 104.286
202206 66.510 101.800 69.777
202209 41.840 103.100 43.342
202212 49.250 104.100 50.527
202303 80.700 104.400 82.555
202306 63.091 105.200 64.051
202309 27.900 106.200 28.058
202312 53.110 106.800 53.110

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.


Olba Healthcare Holdings  (TSE:2689) 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.


Olba Healthcare Holdings Shiller PE Ratio Related Terms

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Olba Healthcare Holdings (TSE:2689) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Building, 1-1-3 Shimoishii, 8th Floor, Nippon Life Okayama, Kita-ku, Okayama Prefecture, Okayama, JPN, 700-0907
Olba Healthcare Holdings Inc is a Japan-based holding company that engages in the wholesale distribution of medical diagnostic equipment and medical materials. It operates through the following business divisions: Medical Equipment, Supply, Processing, and Distribution (SPD), and Nursing Care Products.

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