GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » MegaChips Corp (TSE:6875) » Definitions » Shiller PE Ratio

MegaChips (TSE:6875) Shiller PE Ratio : 13.03 (As of May. 07, 2024)


View and export this data going back to 2000. Start your Free Trial

What is MegaChips Shiller PE Ratio?

As of today (2024-05-07), MegaChips's current share price is 円3690.00. MegaChips's E10 for the quarter that ended in Dec. 2023 was 円283.09. MegaChips's Shiller PE Ratio for today is 13.03.

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

TSE:6875' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.88   Med: 26.23   Max: 65.72
Current: 13.03

During the past years, MegaChips's highest Shiller PE Ratio was 65.72. The lowest was 8.88. And the median was 26.23.

TSE:6875's Shiller PE Ratio is ranked better than
85.16% of 512 companies
in the Semiconductors industry
Industry Median: 28.375 vs TSE:6875: 13.03

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.

MegaChips's adjusted earnings per share data for the three months ended in Dec. 2023 was 円21.687. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円283.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MegaChips Shiller PE Ratio Historical Data

The historical data trend for MegaChips'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.

MegaChips Shiller PE Ratio Chart

MegaChips 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 25.54 31.49 26.08 14.44 11.32

MegaChips 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 8.89 11.32 13.18 14.69 16.53

Competitive Comparison of MegaChips's Shiller PE Ratio

For the Semiconductors subindustry, MegaChips'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.


MegaChips's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, MegaChips's Shiller PE Ratio distribution charts can be found below:

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



MegaChips 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.

MegaChips's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3690.00/283.09
=13.03

* 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.

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

For example, MegaChips'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)
=21.687/106.8000*106.8000
=21.687

Current CPI (Dec. 2023) = 106.8000.

MegaChips Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -7.560 95.700 -8.437
201406 5.370 98.000 5.852
201409 24.670 98.500 26.749
201412 40.540 97.900 44.225
201503 -13.456 97.900 -14.679
201506 -25.010 98.400 -27.145
201509 8.590 98.500 9.314
201512 -2.310 98.100 -2.515
201603 -16.995 97.900 -18.540
201606 -32.960 98.100 -35.883
201609 -42.259 98.000 -46.054
201612 25.293 98.400 27.452
201703 5.674 98.100 6.177
201706 1.680 98.500 1.822
201709 61.980 98.800 66.999
201712 21.600 99.400 23.208
201803 4.310 99.200 4.640
201806 -18.880 99.200 -20.326
201809 5.864 99.900 6.269
201812 15.210 99.700 16.293
201903 -81.600 99.700 -87.411
201906 -45.250 99.800 -48.424
201909 5.760 100.100 6.146
201912 -37.634 100.500 -39.993
202003 -5.230 100.300 -5.569
202006 68.810 99.900 73.563
202009 32.250 99.900 34.477
202012 44.790 99.300 48.173
202103 815.428 99.900 871.749
202106 34.450 99.500 36.977
202109 73.730 100.100 78.665
202112 1,154.640 100.100 1,231.924
202203 67.578 101.100 71.388
202206 61.580 101.800 64.605
202209 88.980 103.100 92.173
202212 93.360 104.100 95.781
202303 125.460 104.400 128.344
202306 50.210 105.200 50.974
202309 40.064 106.200 40.290
202312 21.687 106.800 21.687

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.


MegaChips  (TSE:6875) 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.


MegaChips Shiller PE Ratio Related Terms

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


MegaChips (TSE:6875) Business Description

Traded in Other Exchanges
Address
1-1-1 Miyahara, Yodogawa-ku, Shin-Osaka Hankyu Building, Osaka, JPN, 532-0003
MegaChips Corp. is engaged in the design, development, manufacture, and sale of system large scale integration (LSI), based on its basic image, audio and communications technologies and electronic devices and system equipment that contain its system LSIs. The company's main products Include LSIs for entertainment devices such as game consoles, image processing LSIs for digital cameras, LSIs for liquid crystal display (LCD) panels, and video surveillance system equipment for security field, among others. Geographically all the operations are functioned through the region of Japan and it derives revenue through the sale of LSI products.

MegaChips (TSE:6875) Headlines

No Headlines