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Japan Securities Finance Co (TSE:8511) Shiller PE Ratio : 31.97 (As of May. 07, 2024)


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What is Japan Securities Finance Co Shiller PE Ratio?

As of today (2024-05-07), Japan Securities Finance Co's current share price is 円1589.00. Japan Securities Finance Co's E10 for the quarter that ended in Dec. 2023 was 円49.70. Japan Securities Finance Co's Shiller PE Ratio for today is 31.97.

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

TSE:8511' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.03   Med: 22.88   Max: 51.54
Current: 31.97

During the past years, Japan Securities Finance Co's highest Shiller PE Ratio was 51.54. The lowest was 13.03. And the median was 22.88.

TSE:8511's Shiller PE Ratio is ranked worse than
74.67% of 304 companies
in the Credit Services industry
Industry Median: 14.98 vs TSE:8511: 31.97

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.

Japan Securities Finance Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円27.930. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円49.70 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Securities Finance Co Shiller PE Ratio Historical Data

The historical data trend for Japan Securities Finance 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.

Japan Securities Finance Co Shiller PE Ratio Chart

Japan Securities Finance 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 16.73 14.12 22.72 22.83 21.94

Japan Securities Finance 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 24.50 21.94 22.67 30.38 31.19

Competitive Comparison of Japan Securities Finance Co's Shiller PE Ratio

For the Credit Services subindustry, Japan Securities Finance 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.


Japan Securities Finance Co's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Japan Securities Finance Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Japan Securities Finance Co's Shiller PE Ratio falls into.



Japan Securities Finance 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.

Japan Securities Finance Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1589.00/49.7
=31.97

* 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.

Japan Securities Finance Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Japan Securities Finance 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)
=27.93/106.8000*106.8000
=27.930

Current CPI (Dec. 2023) = 106.8000.

Japan Securities Finance Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 5.610 95.700 6.261
201406 9.500 98.000 10.353
201409 8.130 98.500 8.815
201412 11.470 97.900 12.513
201503 4.789 97.900 5.224
201506 11.210 98.400 12.167
201509 6.171 98.500 6.691
201512 6.592 98.100 7.177
201603 2.613 97.900 2.851
201606 11.000 98.100 11.976
201609 7.044 98.000 7.677
201612 11.372 98.400 12.343
201703 2.391 98.100 2.603
201706 13.700 98.500 14.854
201709 9.467 98.800 10.234
201712 16.205 99.400 17.411
201803 4.752 99.200 5.116
201806 14.870 99.200 16.009
201809 5.671 99.900 6.063
201812 14.810 99.700 15.865
201903 4.554 99.700 4.878
201906 13.650 99.800 14.607
201909 8.644 100.100 9.223
201912 10.230 100.500 10.871
202003 5.898 100.300 6.280
202006 14.330 99.900 15.320
202009 9.496 99.900 10.152
202012 11.529 99.300 12.400
202103 7.780 99.900 8.317
202106 19.380 99.500 20.802
202109 10.530 100.100 11.235
202112 13.904 100.100 14.835
202203 12.670 101.100 13.384
202206 23.100 101.800 24.235
202209 22.905 103.100 23.727
202212 20.543 104.100 21.076
202303 0.638 104.400 0.653
202306 28.460 105.200 28.893
202309 25.860 106.200 26.006
202312 27.930 106.800 27.930

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.


Japan Securities Finance Co  (TSE:8511) 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.


Japan Securities Finance Co Shiller PE Ratio Related Terms

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Japan Securities Finance Co (TSE:8511) Business Description

Traded in Other Exchanges
Address
1-2-10 Nihonbashi-Kayabacho, Chuo-ku, Tokyo, JPN, 103-0025
Japan Securities Finance Co Ltd operates in three business segments: Securities Finance, Trust Banking, and Real Estate Leasing. In the Securities Finance business, which makes up the vast majority of the company's total revenue, the company primarily provides loans for margin transactions where it earns revenue through fees and interest. The Securities Finance segment also earns fees through stock and bond lending and earns interest through bond financing and general loans. The Trust Banking business provides trust services, such as securities trust, and banking services, such as deposits and loans. The Real Estate Leasing business provides services for leasing and managing real estate. The company operates exclusively in Japan.

Japan Securities Finance Co (TSE:8511) Headlines

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