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Fanuc (TSE:6954) Shiller PE Ratio : 29.19 (As of May. 07, 2024)


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What is Fanuc Shiller PE Ratio?

As of today (2024-05-07), Fanuc's current share price is 円4703.00. Fanuc's E10 for the quarter that ended in Dec. 2023 was 円161.14. Fanuc's Shiller PE Ratio for today is 29.19.

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

TSE:6954' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.1   Med: 29.42   Max: 48.33
Current: 29.03

During the past years, Fanuc's highest Shiller PE Ratio was 48.33. The lowest was 16.10. And the median was 29.42.

TSE:6954's Shiller PE Ratio is ranked worse than
55.91% of 1744 companies
in the Industrial Products industry
Industry Median: 25.925 vs TSE:6954: 29.03

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.

Fanuc's adjusted earnings per share data for the three months ended in Dec. 2023 was 円36.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円161.14 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fanuc Shiller PE Ratio Historical Data

The historical data trend for Fanuc'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.

Fanuc Shiller PE Ratio Chart

Fanuc 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 19.86 36.40 29.49 30.52 -

Fanuc 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 30.52 31.89 24.38 25.74 -

Competitive Comparison of Fanuc's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, Fanuc'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.


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

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

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



Fanuc 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.

Fanuc's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4703.00/161.14
=29.19

* 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.

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

For example, Fanuc'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)
=36.33/106.8000*106.8000
=36.330

Current CPI (Dec. 2023) = 106.8000.

Fanuc Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 34.599 95.700 38.612
201406 46.200 98.000 50.349
201409 50.273 98.500 54.509
201412 56.320 97.900 61.440
201503 59.440 97.900 64.844
201506 51.905 98.400 56.336
201509 42.064 98.500 45.608
201512 36.171 98.100 39.379
201603 33.216 97.900 36.236
201606 31.184 98.100 33.950
201609 30.882 98.000 33.655
201612 33.424 98.400 36.277
201703 36.236 98.100 39.450
201706 42.130 98.500 45.680
201709 46.352 98.800 50.105
201712 52.156 99.400 56.039
201803 47.094 99.200 50.702
201806 46.146 99.200 49.681
201809 38.144 99.900 40.779
201812 48.556 99.700 52.014
201903 26.221 99.700 28.088
201906 24.150 99.800 25.844
201909 17.616 100.100 18.795
201912 17.027 100.500 18.094
202003 17.564 100.300 18.702
202006 9.478 99.900 10.133
202009 19.832 99.900 21.202
202012 28.394 99.300 30.539
202103 40.318 99.900 43.103
202106 42.014 99.500 45.096
202109 39.989 100.100 42.666
202112 41.834 100.100 44.634
202203 38.058 101.100 40.204
202206 44.000 101.800 46.161
202209 44.000 103.100 45.579
202212 47.750 104.100 48.988
202303 42.795 104.400 43.779
202306 31.820 105.200 32.304
202309 35.280 106.200 35.479
202312 36.330 106.800 36.330

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.


Fanuc  (TSE:6954) 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.


Fanuc Shiller PE Ratio Related Terms

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


Fanuc (TSE:6954) Business Description

Traded in Other Exchanges
Address
3580, Shibokusa, Oshino-mura, Minamitsuru-gun, Yamanashi, JPN, 401-0597
Fanuc provides factory automation products, such as industrial robots, computerized numerical control systems, and compact machining centers (Robodrills) globally. The company had its beginnings as part of Fujitsu developing early numerical control systems and now commands the top global market share with its CNC systems and industrial robots.

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