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NTN (TSE:6472) Shiller PE Ratio : (As of May. 16, 2024)


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What is NTN Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


NTN Shiller PE Ratio Historical Data

The historical data trend for NTN'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.

NTN Shiller PE Ratio Chart

NTN 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 346.65 - - 895.30 -

NTN 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 895.30 731.56 642.21 43.69 -

Competitive Comparison of NTN's Shiller PE Ratio

For the Tools & Accessories subindustry, NTN'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.


NTN's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



NTN 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.

NTN's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, NTN'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)
=4.87/107.2000*107.2000
=4.870

Current CPI (Mar. 2024) = 107.2000.

NTN Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 10.390 98.000 11.365
201409 7.040 98.500 7.662
201412 12.690 97.900 13.895
201503 13.790 97.900 15.100
201506 18.400 98.400 20.046
201509 1.140 98.500 1.241
201512 -1.504 98.100 -1.644
201603 10.240 97.900 11.213
201606 6.940 98.100 7.584
201609 4.580 98.000 5.010
201612 6.747 98.400 7.350
201703 -12.961 98.100 -14.163
201706 7.330 98.500 7.977
201709 8.450 98.800 9.168
201712 10.164 99.400 10.962
201803 12.410 99.200 13.411
201806 11.120 99.200 12.017
201809 4.210 99.900 4.518
201812 1.770 99.700 1.903
201903 -30.200 99.700 -32.472
201906 4.510 99.800 4.844
201909 -2.376 100.100 -2.545
201912 -4.260 100.500 -4.544
202003 -80.710 100.300 -86.262
202006 -22.830 99.900 -24.498
202009 -4.310 99.900 -4.625
202012 2.126 99.300 2.295
202103 3.090 99.900 3.316
202106 2.230 99.500 2.403
202109 -4.202 100.100 -4.500
202112 -0.870 100.100 -0.932
202203 16.669 101.100 17.675
202206 -4.690 101.800 -4.939
202209 1.609 103.100 1.673
202212 1.656 104.100 1.705
202303 20.948 104.400 21.510
202306 3.090 105.200 3.149
202309 4.677 106.200 4.721
202312 6.700 106.800 6.725
202403 4.870 107.200 4.870

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.


NTN  (TSE:6472) 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.


NTN Shiller PE Ratio Related Terms

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NTN (TSE:6472) Business Description

Traded in Other Exchanges
Address
3-17, 1-chome, Kyomachibori, Nishi-ku, Osaka, JPN, 550-0003
NTN Corp is a Japan-based company that manufactures and sells bearings, constant velocity joints, precision equipment, aftermarket parts, and other mechanical parts. The company's products are used in a wide range of applications, including automobile, electric vehicle, rolling stock, wind turbine, construction and mining machinery, agricultural machinery, machine tools, office equipment, steel manufacturing machinery, paper manufacturing machinery, food machinery, medical equipment, aerospace, and robots. The company has a global presence, with Japan, the Americas, and Europe the three largest markets for the company.

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