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Mitsubishi Kakoki Kaisha (TSE:6331) Shiller PE Ratio : 13.35 (As of May. 25, 2024)


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What is Mitsubishi Kakoki Kaisha Shiller PE Ratio?

As of today (2024-05-25), Mitsubishi Kakoki Kaisha's current share price is 円4170.00. Mitsubishi Kakoki Kaisha's E10 for the quarter that ended in Dec. 2023 was 円312.32. Mitsubishi Kakoki Kaisha's Shiller PE Ratio for today is 13.35.

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

TSE:6331' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.02   Med: 23.36   Max: 54.94
Current: 13.35

During the past years, Mitsubishi Kakoki Kaisha's highest Shiller PE Ratio was 54.94. The lowest was 10.02. And the median was 23.36.

TSE:6331's Shiller PE Ratio is ranked better than
81.04% of 1756 companies
in the Industrial Products industry
Industry Median: 25.62 vs TSE:6331: 13.35

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.

Mitsubishi Kakoki Kaisha's adjusted earnings per share data for the three months ended in Dec. 2023 was 円351.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円312.32 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Kakoki Kaisha Shiller PE Ratio Historical Data

The historical data trend for Mitsubishi Kakoki Kaisha'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 Kakoki Kaisha Shiller PE Ratio Chart

Mitsubishi Kakoki Kaisha 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 22.98 29.43 14.91 11.58 -

Mitsubishi Kakoki Kaisha 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 11.58 13.45 10.40 10.42 -

Competitive Comparison of Mitsubishi Kakoki Kaisha's Shiller PE Ratio

For the Pollution & Treatment Controls subindustry, Mitsubishi Kakoki Kaisha'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 Kakoki Kaisha's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mitsubishi Kakoki Kaisha's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mitsubishi Kakoki Kaisha's Shiller PE Ratio falls into.



Mitsubishi Kakoki Kaisha 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 Kakoki Kaisha's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4170.00/312.32
=13.35

* 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.

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

For example, Mitsubishi Kakoki Kaisha'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)
=351.21/106.8000*106.8000
=351.210

Current CPI (Dec. 2023) = 106.8000.

Mitsubishi Kakoki Kaisha Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 51.400 95.700 57.362
201406 -12.500 98.000 -13.622
201409 37.900 98.500 41.094
201412 46.700 97.900 50.945
201503 183.900 97.900 200.618
201506 8.900 98.400 9.660
201509 -17.800 98.500 -19.300
201512 72.095 98.100 78.489
201603 82.200 97.900 89.673
201606 -39.200 98.100 -42.676
201609 -0.160 98.000 -0.174
201612 56.287 98.400 61.092
201703 106.500 98.100 115.945
201706 145.480 98.500 157.739
201709 16.064 98.800 17.365
201712 13.534 99.400 14.542
201803 198.730 99.200 213.955
201806 -1.380 99.200 -1.486
201809 6.360 99.900 6.799
201812 60.297 99.700 64.591
201903 75.817 99.700 81.216
201906 9.310 99.800 9.963
201909 35.746 100.100 38.139
201912 95.710 100.500 101.710
202003 97.580 100.300 103.904
202006 51.430 99.900 54.982
202009 67.996 99.900 72.692
202012 55.477 99.300 59.667
202103 156.022 99.900 166.798
202106 59.200 99.500 63.543
202109 95.230 100.100 101.604
202112 10.760 100.100 11.480
202203 169.823 101.100 179.398
202206 57.830 101.800 60.670
202209 143.910 103.100 149.075
202212 3.549 104.100 3.641
202303 194.300 104.400 198.767
202306 57.910 105.200 58.791
202309 152.434 106.200 153.295
202312 351.210 106.800 351.210

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 Kakoki Kaisha  (TSE:6331) 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 Kakoki Kaisha Shiller PE Ratio Related Terms

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Mitsubishi Kakoki Kaisha (TSE:6331) Business Description

Traded in Other Exchanges
Address
2-1 Ohkawa-cho, Kawasaki-ku, Kawasaki, Kanagawa, JPN, 210-8560
Mitsubishi Kakoki Kaisha Ltd is a manufacturer of chemical plant equipment. The reportable segments of the company are the Engineering business and the Machinery business. The Engineering business includes city gas and petroleum-related plants, a variety of chemical engineering plants, hydrogen generation plants, sewage treatment equipment, diverse water treatment equipment and related products. The Machinery business includes oil purifiers, a variety of separation and filtration machinery, seawater screening facility mixers and related products. It serves the diversified industries in the fields of energy, chemicals, foodstuffs, pharmaceuticals, air purification, and water and waste treatment. The company has an operational presence across Europe, Mainland China, Taiwan and Thailand.

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