GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kuraray Co Ltd (OTCPK:KURRY) » Definitions » Shiller PE Ratio

Kuraray Co (Kuraray Co) Shiller PE Ratio : 15.05 (As of Apr. 28, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Kuraray Co Shiller PE Ratio?

As of today (2024-04-28), Kuraray Co's current share price is $32.815. Kuraray Co's E10 for the quarter that ended in Dec. 2023 was $2.18. Kuraray Co's Shiller PE Ratio for today is 15.05.

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

KURRY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.67   Med: 14.79   Max: 28.31
Current: 17.08

During the past years, Kuraray Co's highest Shiller PE Ratio was 28.31. The lowest was 10.67. And the median was 14.79.

KURRY's Shiller PE Ratio is ranked better than
55.39% of 1029 companies
in the Chemicals industry
Industry Median: 18.74 vs KURRY: 17.08

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.

Kuraray Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.371. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.18 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kuraray Co Shiller PE Ratio Historical Data

The historical data trend for Kuraray 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.

Kuraray Co Shiller PE Ratio Chart

Kuraray Co Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.72 13.37 11.90 11.14 14.15

Kuraray 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 11.14 12.77 14.26 17.63 14.15

Competitive Comparison of Kuraray Co's Shiller PE Ratio

For the Chemicals subindustry, Kuraray 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.


Kuraray Co's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kuraray Co's Shiller PE Ratio distribution charts can be found below:

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



Kuraray 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.

Kuraray Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=32.815/2.18
=15.05

* 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.

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

For example, Kuraray 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)
=0.371/106.8000*106.8000
=0.371

Current CPI (Dec. 2023) = 106.8000.

Kuraray Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.605 95.700 0.675
201406 0.610 98.000 0.665
201409 0.777 98.500 0.842
201412 0.305 97.900 0.333
201503 0.818 97.900 0.892
201506 0.646 98.400 0.701
201509 0.775 98.500 0.840
201512 0.273 98.100 0.297
201603 0.900 97.900 0.982
201606 0.845 98.100 0.920
201609 1.003 98.000 1.093
201612 0.444 98.400 0.482
201703 1.151 98.100 1.253
201706 0.685 98.500 0.743
201709 1.019 98.800 1.102
201712 1.279 99.400 1.374
201803 1.216 99.200 1.309
201806 0.583 99.200 0.628
201809 0.820 99.900 0.877
201812 0.023 99.700 0.025
201903 0.471 99.700 0.505
201906 0.573 99.800 0.613
201909 0.493 100.100 0.526
201912 -1.705 100.500 -1.812
202003 0.543 100.300 0.578
202006 0.199 99.900 0.213
202009 0.494 99.900 0.528
202012 -1.057 99.300 -1.137
202103 0.424 99.900 0.453
202106 0.509 99.500 0.546
202109 1.336 100.100 1.425
202112 0.663 100.100 0.707
202203 0.938 101.100 0.991
202206 0.765 101.800 0.803
202209 1.429 103.100 1.480
202212 0.477 104.100 0.489
202303 0.546 104.400 0.559
202306 0.867 105.200 0.880
202309 0.887 106.200 0.892
202312 0.371 106.800 0.371

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.


Kuraray Co  (OTCPK:KURRY) 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.


Kuraray Co Shiller PE Ratio Related Terms

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


Kuraray Co (Kuraray Co) Business Description

Traded in Other Exchanges
Address
Ote Center Building,1-1-3, Otemachi, Chiyoda-ku, Tokyo, JPN, 100-8115
Kuraray Co Ltd manufactures and sells specialty chemicals, fiber, and resin. The firm organizes itself into six segments based on product type. The Vinyl Acetate segment, which generates the most revenue of any segment, sells plastic films and resins for use in the food packaging and electronics industries. The Isoprene segment sells isoprene chemicals, thermoplastic elastomers, and liquid rubber. The Functional Materials segment sells dental materials, while the Fibers and Textiles segment sells fibers for cement and concrete, industrial products for automobiles, and hook and loop fasteners for clothing. The other two segments are Trading, and Other. The majority of revenue comes from Asia.

Kuraray Co (Kuraray Co) Headlines

From GuruFocus