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Monex Group (Monex Group) Shiller PE Ratio : 26.52 (As of Apr. 29, 2024)


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What is Monex Group Shiller PE Ratio?

As of today (2024-04-29), Monex Group's current share price is $5.57. Monex Group's E10 for the quarter that ended in Mar. 2024 was $0.21. Monex Group's Shiller PE Ratio for today is 26.52.

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

MNXBF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12   Med: 25.69   Max: 75
Current: 27.42

During the past years, Monex Group's highest Shiller PE Ratio was 75.00. The lowest was 12.00. And the median was 25.69.

MNXBF's Shiller PE Ratio is ranked worse than
62.69% of 469 companies
in the Capital Markets industry
Industry Median: 20.03 vs MNXBF: 27.42

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.

Monex Group's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.641. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monex Group Shiller PE Ratio Historical Data

The historical data trend for Monex Group'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.

Monex Group Shiller PE Ratio Chart

Monex Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.97 56.69 31.40 21.91 29.09

Monex Group 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 21.91 26.37 26.27 33.81 29.09

Competitive Comparison of Monex Group's Shiller PE Ratio

For the Capital Markets subindustry, Monex Group'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.


Monex Group's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Monex Group's Shiller PE Ratio distribution charts can be found below:

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



Monex Group 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.

Monex Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.57/0.21
=26.52

* 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.

Monex Group's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Monex Group's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.641/107.2000*107.2000
=0.641

Current CPI (Mar. 2024) = 107.2000.

Monex Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.019 98.000 0.021
201409 -0.028 98.500 -0.030
201412 0.064 97.900 0.070
201503 0.047 97.900 0.051
201506 0.049 98.400 0.053
201509 0.053 98.500 0.058
201512 -0.010 98.100 -0.011
201603 0.011 97.900 0.012
201606 0.009 98.100 0.010
201609 -0.013 98.000 -0.014
201612 0.015 98.400 0.016
201703 -0.003 98.100 -0.003
201706 0.014 98.500 0.015
201709 0.051 98.800 0.055
201712 0.085 99.400 0.092
201803 0.071 99.200 0.077
201806 0.040 99.200 0.043
201809 0.018 99.900 0.019
201812 0.032 99.700 0.034
201903 -0.051 99.700 -0.055
201906 0.029 99.800 0.031
201909 0.030 100.100 0.032
201912 0.021 100.500 0.022
202003 0.027 100.300 0.029
202006 0.052 99.900 0.056
202009 0.054 99.900 0.058
202012 0.129 99.300 0.139
202103 0.229 99.900 0.246
202106 0.223 99.500 0.240
202109 0.153 100.100 0.164
202112 0.012 100.100 0.013
202203 0.015 101.100 0.016
202206 0.027 101.800 0.028
202209 0.008 103.100 0.008
202212 0.019 104.100 0.020
202303 0.025 104.400 0.026
202306 0.067 105.200 0.068
202309 0.048 106.200 0.048
202312 0.062 106.800 0.062
202403 0.641 107.200 0.641

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.


Monex Group  (OTCPK:MNXBF) 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.


Monex Group Shiller PE Ratio Related Terms

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Monex Group (Monex Group) Business Description

Traded in Other Exchanges
Address
2-4-1, Kojimachi, Chiyoda-ku, Tokyo, JPN, 102-0083
Monex Group Inc is functional in the financial services domain of Japan. Its core business is that of securities trading. Operating in the capital markets industry, the company renders such services as online securities business, the foreign exchange (FX) trading business, as well as the provision of merger and acquisition (M&A) advisory services. Most of its revenue is in the form of brokerage derived from its capital market activities majorly in Japan and on a minor scale in the United States and China.