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TDK (TTDKY) Shiller PE Ratio : 26.86 (As of Apr. 25, 2024)


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What is TDK Shiller PE Ratio?

As of today (2024-04-25), TDK's current share price is $46.47. TDK's E10 for the quarter that ended in Dec. 2023 was $1.73. TDK's Shiller PE Ratio for today is 26.86.

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

TTDKY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.1   Med: 28.68   Max: 55.88
Current: 29.23

During the past years, TDK's highest Shiller PE Ratio was 55.88. The lowest was 16.10. And the median was 28.68.

TTDKY's Shiller PE Ratio is ranked worse than
60.21% of 1352 companies
in the Hardware industry
Industry Median: 23.195 vs TTDKY: 29.23

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.

TDK's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.194. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.73 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


TDK Shiller PE Ratio Historical Data

The historical data trend for TDK'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.

TDK Shiller PE Ratio Chart

TDK 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 22.87 20.15 36.40 25.09 22.09

TDK 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 20.02 22.09 25.39 24.09 27.32

Competitive Comparison of TDK's Shiller PE Ratio

For the Electronic Components subindustry, TDK'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.


TDK's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TDK's Shiller PE Ratio distribution charts can be found below:

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



TDK 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.

TDK's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=46.47/1.73
=26.86

* 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.

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

For example, TDK'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)
=1.194/106.8000*106.8000
=1.194

Current CPI (Dec. 2023) = 106.8000.

TDK Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.005 95.700 0.006
201406 0.147 98.000 0.160
201409 0.295 98.500 0.320
201412 0.349 97.900 0.381
201503 0.312 97.900 0.340
201506 0.271 98.400 0.294
201509 0.386 98.500 0.419
201512 0.519 98.100 0.565
201603 0.197 97.900 0.215
201606 0.306 98.100 0.333
201609 0.516 98.000 0.562
201612 0.545 98.400 0.592
201703 2.059 98.100 2.242
201706 0.260 98.500 0.282
201709 0.469 98.800 0.507
201712 0.503 99.400 0.540
201803 0.278 99.200 0.299
201806 0.387 99.200 0.417
201809 0.584 99.900 0.624
201812 0.526 99.700 0.563
201903 0.444 99.700 0.476
201906 0.380 99.800 0.407
201909 0.719 100.100 0.767
201912 0.711 100.500 0.756
202003 -0.408 100.300 -0.434
202006 0.323 99.900 0.345
202009 0.241 99.900 0.258
202012 0.783 99.300 0.842
202103 0.039 99.900 0.042
202106 0.644 99.500 0.691
202109 1.002 100.100 1.069
202112 1.119 100.100 1.194
202203 0.312 101.100 0.330
202206 0.617 101.800 0.647
202209 1.021 103.100 1.058
202212 0.974 104.100 0.999
202303 -0.448 104.400 -0.458
202306 0.274 105.200 0.278
202309 0.703 106.200 0.707
202312 1.194 106.800 1.194

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.


TDK  (OTCPK:TTDKY) 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.


TDK Shiller PE Ratio Related Terms

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


TDK (TTDKY) Business Description

Traded in Other Exchanges
Address
Shibaura Renasite Tower, 3-9-1 Shibaura, Minato-ku, Tokyo, JPN
Founded in 1935, TDK has its origin in magnetic materials, being the first company to commercialize ferrite in the world, and it used to be known as one of the major cassette-tape manufacturers. TDK is now the only external supplier for magnetic recording heads for hard disk drives, and the company intends to expand its magnetic sensor business for handsets and automobiles by leveraging its expertise. It is also one of the global top suppliers of passive components for autos and polymer rechargeable batteries for smartphones. The company acquired InvenSense in 2017, making it one of the largest MEMS sensor companies in the world.