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Tosoh (TSE:4042) Shiller PE Ratio : 9.83 (As of May. 09, 2024)


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What is Tosoh Shiller PE Ratio?

As of today (2024-05-09), Tosoh's current share price is 円2205.50. Tosoh's E10 for the quarter that ended in Dec. 2023 was 円224.42. Tosoh's Shiller PE Ratio for today is 9.83.

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

TSE:4042' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.02   Med: 11.26   Max: 29
Current: 9.67

During the past years, Tosoh's highest Shiller PE Ratio was 29.00. The lowest was 7.02. And the median was 11.26.

TSE:4042's Shiller PE Ratio is ranked better than
85% of 1040 companies
in the Chemicals industry
Industry Median: 19.925 vs TSE:4042: 9.67

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.

Tosoh's adjusted earnings per share data for the three months ended in Dec. 2023 was 円46.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円224.42 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tosoh Shiller PE Ratio Historical Data

The historical data trend for Tosoh'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.

Tosoh Shiller PE Ratio Chart

Tosoh 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 12.79 8.20 12.78 9.14 8.36

Tosoh 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 7.23 8.36 7.78 8.65 8.03

Competitive Comparison of Tosoh's Shiller PE Ratio

For the Chemicals subindustry, Tosoh'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.


Tosoh's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tosoh's Shiller PE Ratio distribution charts can be found below:

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



Tosoh 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.

Tosoh's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2205.50/224.42
=9.83

* 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.

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

For example, Tosoh'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)
=46.01/106.8000*106.8000
=46.010

Current CPI (Dec. 2023) = 106.8000.

Tosoh Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 22.940 95.700 25.601
201406 7.380 98.000 8.043
201409 38.460 98.500 41.701
201412 129.260 97.900 141.011
201503 32.740 97.900 35.716
201506 38.120 98.400 41.374
201509 24.240 98.500 26.283
201512 33.600 98.100 36.580
201603 29.060 97.900 31.702
201606 26.320 98.100 28.654
201609 50.250 98.000 54.762
201612 82.980 98.400 90.064
201703 73.270 98.100 79.768
201706 50.730 98.500 55.005
201709 73.300 98.800 79.235
201712 88.200 99.400 94.766
201803 60.970 99.200 65.641
201806 59.020 99.200 63.542
201809 69.160 99.900 73.937
201812 45.180 99.700 48.397
201903 67.020 99.700 71.793
201906 28.010 99.800 29.975
201909 54.350 100.100 57.988
201912 59.880 100.500 63.634
202003 28.640 100.300 30.496
202006 -6.140 99.900 -6.564
202009 42.620 99.900 45.564
202012 71.170 99.300 76.545
202103 90.130 99.900 96.355
202106 68.190 99.500 73.193
202109 76.400 100.100 81.514
202112 98.590 100.100 105.189
202203 95.850 101.100 101.254
202206 89.340 101.800 93.728
202209 42.700 103.100 44.232
202212 13.420 104.100 13.768
202303 12.620 104.400 12.910
202306 41.550 105.200 42.182
202309 42.370 106.200 42.609
202312 46.010 106.800 46.010

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.


Tosoh  (TSE:4042) 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.


Tosoh Shiller PE Ratio Related Terms

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


Tosoh (TSE:4042) Business Description

Traded in Other Exchanges
Address
3-8-2 Shiba, Minata-ku, Tokyo, JPN, 105-8623
Tosoh Corp manufactures and sells a variety of petrochemicals, plastics, and chemical-based products. The firm organizes itself into four segments, based on product type. The Petrochemical segment, which generates more revenue than any other segment, sells olefins and polymers, including ethylene and polyvinyl chloride, which are used to make plastics for a variety of end uses. The Chlor-Alkali segment sells caustic soda used to make soap, baking soda, and water treatment products. The Specialty segment sells battery materials, a variety of zirconia products, bromine used in electronics flame retardants, and clinical diagnostics equipment. The Engineering segment provides construction and water treatment services. The majority of revenue comes from Japan.

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