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Keikyu (TSE:9006) Shiller PE Ratio : 32.05 (As of May. 21, 2024)


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What is Keikyu Shiller PE Ratio?

As of today (2024-05-21), Keikyu's current share price is 円1204.50. Keikyu's E10 for the quarter that ended in Dec. 2023 was 円37.58. Keikyu's Shiller PE Ratio for today is 32.05.

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

TSE:9006' s Shiller PE Ratio Range Over the Past 10 Years
Min: 31.67   Med: 43.49   Max: 102.46
Current: 31.67

During the past years, Keikyu's highest Shiller PE Ratio was 102.46. The lowest was 31.67. And the median was 43.49.

TSE:9006's Shiller PE Ratio is ranked worse than
76.83% of 341 companies
in the Conglomerates industry
Industry Median: 16.33 vs TSE:9006: 31.67

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.

Keikyu's adjusted earnings per share data for the three months ended in Dec. 2023 was 円22.500. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円37.58 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keikyu Shiller PE Ratio Historical Data

The historical data trend for Keikyu'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.

Keikyu Shiller PE Ratio Chart

Keikyu 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 48.90 43.76 58.07 39.02 35.35

Keikyu 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 38.86 35.35 35.66 34.93 34.28

Competitive Comparison of Keikyu's Shiller PE Ratio

For the Conglomerates subindustry, Keikyu'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.


Keikyu's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Keikyu's Shiller PE Ratio distribution charts can be found below:

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



Keikyu 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.

Keikyu's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1204.50/37.58
=32.05

* 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.

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

For example, Keikyu'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)
=22.5/106.8000*106.8000
=22.500

Current CPI (Dec. 2023) = 106.8000.

Keikyu Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -6.317 95.700 -7.050
201406 12.080 98.000 13.165
201409 13.460 98.500 14.594
201412 9.240 97.900 10.080
201503 4.300 97.900 4.691
201506 16.000 98.400 17.366
201509 19.260 98.500 20.883
201512 20.510 98.100 22.329
201603 -66.733 97.900 -72.800
201606 83.700 98.100 91.123
201609 24.370 98.000 26.558
201612 21.240 98.400 23.053
201703 -47.560 98.100 -51.778
201706 16.980 98.500 18.411
201709 23.720 98.800 25.641
201712 21.930 99.400 23.563
201803 -3.970 99.200 -4.274
201806 20.290 99.200 21.844
201809 24.620 99.900 26.320
201812 25.250 99.700 27.048
201903 5.055 99.700 5.415
201906 25.540 99.800 27.331
201909 24.390 100.100 26.022
201912 12.136 100.500 12.897
202003 -5.240 100.300 -5.580
202006 -33.100 99.900 -35.386
202009 -33.360 99.900 -35.664
202012 -5.610 99.300 -6.034
202103 -26.774 99.900 -28.623
202106 31.400 99.500 33.704
202109 -3.800 100.100 -4.054
202112 6.459 100.100 6.891
202203 11.457 101.100 12.103
202206 30.310 101.800 31.799
202209 15.200 103.100 15.745
202212 11.435 104.100 11.732
202303 0.509 104.400 0.521
202306 13.520 105.200 13.726
202309 19.925 106.200 20.038
202312 22.500 106.800 22.500

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.


Keikyu  (TSE:9006) 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.


Keikyu Shiller PE Ratio Related Terms

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


Keikyu (TSE:9006) Business Description

Traded in Other Exchanges
N/A
Address
2-20-20 Takanawa, Minato-ku, Tokyo, JPN, 108-8625
Keikyu Corp is one the major private railways in Japan. A link between different parts of Tokyo, it plays a vital role in its public transportation system, thereby earning most of its revenue through its Transportation segment. Its other business segments comprise of Real Estate, Leisure Services and Retailing. The Real Estate segment is involved in the sale and leasing of land and buildings. The Leisure segment operates hotels, golf courses and restaurants. Through its Retailing segment, the company sells merchandise at department stores.

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