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Bank of Kochi (TSE:8416) Shiller PE Ratio : 6.15 (As of May. 31, 2024)


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What is Bank of Kochi Shiller PE Ratio?

As of today (2024-05-31), Bank of Kochi's current share price is 円879.00. Bank of Kochi's E10 for the quarter that ended in Dec. 2023 was 円142.84. Bank of Kochi's Shiller PE Ratio for today is 6.15.

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

TSE:8416' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.09   Med: 5.02   Max: 17.29
Current: 6.15

During the past years, Bank of Kochi's highest Shiller PE Ratio was 17.29. The lowest was 3.09. And the median was 5.02.

TSE:8416's Shiller PE Ratio is ranked better than
83.32% of 1145 companies
in the Banks industry
Industry Median: 10.09 vs TSE:8416: 6.15

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.

Bank of Kochi's adjusted earnings per share data for the three months ended in Dec. 2023 was 円97.729. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円142.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Kochi Shiller PE Ratio Historical Data

The historical data trend for Bank of Kochi'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.

Bank of Kochi Shiller PE Ratio Chart

Bank of Kochi 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 4.78 3.87 5.34 5.18 4.59

Bank of Kochi 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 5.14 4.59 4.65 7.09 6.53

Competitive Comparison of Bank of Kochi's Shiller PE Ratio

For the Banks - Regional subindustry, Bank of Kochi'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.


Bank of Kochi's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Kochi's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bank of Kochi's Shiller PE Ratio falls into.



Bank of Kochi 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.

Bank of Kochi's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=879.00/142.84
=6.15

* 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.

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

For example, Bank of Kochi'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)
=97.729/106.8000*106.8000
=97.729

Current CPI (Dec. 2023) = 106.8000.

Bank of Kochi Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 81.800 95.700 91.288
201406 71.700 98.000 78.138
201409 121.700 98.500 131.955
201412 82.400 97.900 89.891
201503 17.400 97.900 18.982
201506 59.100 98.400 64.145
201509 16.700 98.500 18.107
201512 102.688 98.100 111.795
201603 48.500 97.900 52.909
201606 48.500 98.100 52.801
201609 6.170 98.000 6.724
201612 82.070 98.400 89.076
201703 -4.320 98.100 -4.703
201706 34.300 98.500 37.190
201709 27.480 98.800 29.705
201712 41.670 99.400 44.772
201803 11.320 99.200 12.187
201806 30.030 99.200 32.331
201809 -16.000 99.900 -17.105
201812 33.904 99.700 36.318
201903 -6.440 99.700 -6.899
201906 15.670 99.800 16.769
201909 68.800 100.100 73.405
201912 50.713 100.500 53.892
202003 -50.270 100.300 -53.528
202006 16.810 99.900 17.971
202009 52.630 99.900 56.265
202012 -55.770 99.300 -59.982
202103 17.140 99.900 18.324
202106 34.720 99.500 37.267
202109 26.570 100.100 28.348
202112 46.398 100.100 49.504
202203 -29.410 101.100 -31.068
202206 21.610 101.800 22.671
202209 8.140 103.100 8.432
202212 67.400 104.100 69.148
202303 -0.790 104.400 -0.808
202306 4.730 105.200 4.802
202309 49.350 106.200 49.629
202312 97.729 106.800 97.729

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.


Bank of Kochi  (TSE:8416) 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.


Bank of Kochi Shiller PE Ratio Related Terms

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


Bank of Kochi (TSE:8416) Business Description

Traded in Other Exchanges
N/A
Address
2-24, Sakai-machi, Kochi, JPN
Bank of Kochi Ltd operates in the banking industry. The company provides general banking products and services in Japan.

Bank of Kochi (TSE:8416) Headlines

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