GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shimano Inc (TSE:7309) » Definitions » Shiller PE Ratio

Shimano (TSE:7309) Shiller PE Ratio : 32.32 (As of May. 03, 2024)


View and export this data going back to 1973. Start your Free Trial

What is Shimano Shiller PE Ratio?

As of today (2024-05-03), Shimano's current share price is 円25835.00. Shimano's E10 for the quarter that ended in Dec. 2023 was 円799.28. Shimano's Shiller PE Ratio for today is 32.32.

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

TSE:7309' s Shiller PE Ratio Range Over the Past 10 Years
Min: 24.83   Med: 36.63   Max: 62.8
Current: 31.4

During the past years, Shimano's highest Shiller PE Ratio was 62.80. The lowest was 24.83. And the median was 36.63.

TSE:7309's Shiller PE Ratio is ranked worse than
58.29% of 398 companies
in the Travel & Leisure industry
Industry Median: 27.125 vs TSE:7309: 31.40

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.

Shimano's adjusted earnings per share data for the three months ended in Dec. 2023 was 円10.815. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円799.28 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shimano Shiller PE Ratio Historical Data

The historical data trend for Shimano'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.

Shimano Shiller PE Ratio Chart

Shimano Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.81 47.11 49.58 27.76 27.32

Shimano 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 29.70 30.10 25.04 27.32 -

Competitive Comparison of Shimano's Shiller PE Ratio

For the Leisure subindustry, Shimano'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.


Shimano's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shimano's Shiller PE Ratio distribution charts can be found below:

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



Shimano 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.

Shimano's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=25835.00/799.28
=32.32

* 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.

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

For example, Shimano'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)
=10.815/106.8000*106.8000
=10.815

Current CPI (Dec. 2023) = 106.8000.

Shimano Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 107.660 95.700 120.147
201406 116.550 98.000 127.016
201409 149.790 98.500 162.412
201412 178.707 97.900 194.953
201503 220.530 97.900 240.578
201506 173.550 98.400 188.365
201509 304.007 98.500 329.624
201512 123.780 98.100 134.757
201603 68.560 97.900 74.793
201606 178.709 98.100 194.558
201609 149.970 98.000 163.437
201612 152.518 98.400 165.538
201703 102.880 98.100 112.004
201706 99.144 98.500 107.498
201709 101.130 98.800 109.319
201712 111.528 99.400 119.831
201803 116.430 99.200 125.350
201806 182.570 99.200 196.557
201809 132.617 99.900 141.777
201812 150.140 99.700 160.832
201903 108.420 99.700 116.141
201906 158.745 99.800 169.879
201909 194.520 100.100 207.540
201912 97.453 100.500 103.562
202003 212.120 100.300 225.867
202006 124.519 99.900 133.119
202009 172.868 99.900 184.808
202012 175.200 99.300 188.433
202103 308.480 99.900 329.786
202106 295.696 99.500 317.390
202109 324.180 100.100 345.878
202112 324.260 100.100 345.964
202203 314.030 101.100 331.735
202206 436.650 101.800 458.096
202209 494.340 103.100 512.081
202212 162.111 104.100 166.316
202303 223.110 104.400 228.239
202306 333.700 105.200 338.775
202309 108.409 106.200 109.021
202312 10.815 106.800 10.815

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.


Shimano  (TSE:7309) 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.


Shimano Shiller PE Ratio Related Terms

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


Shimano (TSE:7309) Business Description

Traded in Other Exchanges
Address
3-77 Oimatsu-cho, Sakai-ku, Sakai, Osaka Prefecture, JPN, 590-8577
Shimano develops, manufactures, and distributes bicycle components, fishing tackles, rowing equipment, and lifestyle gear products, like apparel items, shoes, and bags. Approximately 80% of companywide sales comes from its bicycle components segment. Shimano has operations in Japan, Asia, Europe, North America, Latin America, and Oceania. The company was founded in 1921, and its headquarters are in Osaka, Japan.

Shimano (TSE:7309) Headlines

No Headlines