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Mimaki Engineering Co (TSE:6638) Shiller PE Ratio : 24.53 (As of May. 12, 2024)


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What is Mimaki Engineering Co Shiller PE Ratio?

As of today (2024-05-12), Mimaki Engineering Co's current share price is 円1404.00. Mimaki Engineering Co's E10 for the quarter that ended in Dec. 2023 was 円57.24. Mimaki Engineering Co's Shiller PE Ratio for today is 24.53.

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

TSE:6638' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.8   Med: 17.14   Max: 43.71
Current: 24.53

During the past years, Mimaki Engineering Co's highest Shiller PE Ratio was 43.71. The lowest was 8.80. And the median was 17.14.

TSE:6638's Shiller PE Ratio is ranked better than
54.72% of 1378 companies
in the Hardware industry
Industry Median: 24.16 vs TSE:6638: 24.53

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.

Mimaki Engineering Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円35.570. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円57.24 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mimaki Engineering Co Shiller PE Ratio Historical Data

The historical data trend for Mimaki Engineering Co'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.

Mimaki Engineering Co Shiller PE Ratio Chart

Mimaki Engineering Co 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 18.64 12.34 19.77 17.42 13.39

Mimaki Engineering Co 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 12.54 13.39 18.21 14.41 16.16

Competitive Comparison of Mimaki Engineering Co's Shiller PE Ratio

For the Electronics & Computer Distribution subindustry, Mimaki Engineering Co'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.


Mimaki Engineering Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mimaki Engineering Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mimaki Engineering Co's Shiller PE Ratio falls into.



Mimaki Engineering Co 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.

Mimaki Engineering Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1404.00/57.24
=24.53

* 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.

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

For example, Mimaki Engineering Co'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)
=35.57/106.8000*106.8000
=35.570

Current CPI (Dec. 2023) = 106.8000.

Mimaki Engineering Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 11.650 95.700 13.001
201406 21.190 98.000 23.093
201409 36.905 98.500 40.015
201412 17.430 97.900 19.015
201503 17.250 97.900 18.818
201506 7.860 98.400 8.531
201509 18.030 98.500 19.549
201512 9.810 98.100 10.680
201603 16.360 97.900 17.847
201606 12.270 98.100 13.358
201609 0.397 98.000 0.433
201612 13.099 98.400 14.217
201703 15.030 98.100 16.363
201706 6.680 98.500 7.243
201709 23.964 98.800 25.904
201712 12.110 99.400 13.012
201803 18.283 99.200 19.684
201806 10.930 99.200 11.767
201809 14.690 99.900 15.705
201812 7.000 99.700 7.498
201903 22.599 99.700 24.208
201906 2.450 99.800 2.622
201909 3.660 100.100 3.905
201912 -1.539 100.500 -1.635
202003 -31.009 100.300 -33.019
202006 -23.560 99.900 -25.187
202009 -25.720 99.900 -27.496
202012 25.630 99.300 27.566
202103 13.437 99.900 14.365
202106 22.310 99.500 23.947
202109 30.690 100.100 32.744
202112 17.690 100.100 18.874
202203 9.610 101.100 10.152
202206 23.430 101.800 24.581
202209 21.610 103.100 22.386
202212 22.960 104.100 23.556
202303 29.500 104.400 30.178
202306 8.850 105.200 8.985
202309 40.190 106.200 40.417
202312 35.570 106.800 35.570

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.


Mimaki Engineering Co  (TSE:6638) 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.


Mimaki Engineering Co Shiller PE Ratio Related Terms

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Mimaki Engineering Co (TSE:6638) Business Description

Traded in Other Exchanges
N/A
Address
2182-3 Shigeno-Otsu, Nagano Prefecture, Tojin-shi, JPN, 389-0512
Mimaki Engineering Co Ltd manufactures and sells computer devices and software mainly in Japan. Its product offerings include inkjet printers, cutting plotters, 3D printer, laminator and desktop modeling plotters. In addition, the company also provides color management and cutting software. Mimaki also offers maintenance and repair services.

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