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Mitsubishi Electric (Mitsubishi Electric) Price-to-Owner-Earnings : 14.13 (As of Apr. 26, 2024)


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What is Mitsubishi Electric Price-to-Owner-Earnings?

As of today (2024-04-26), Mitsubishi Electric's share price is $30.668. Mitsubishi Electric's Owner Earnings per Share (TTM) ended in Dec. 2023 was $2.17. It's Price-to-Owner-Earnings for today is 14.13.


The historical rank and industry rank for Mitsubishi Electric's Price-to-Owner-Earnings or its related term are showing as below:

MIELY' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 6.8   Med: 14   Max: 35.53
Current: 14.11

During the past 13 years, the highest Price-to-Owner-Earnings of Mitsubishi Electric was 35.53. The lowest was 6.80. And the median was 14.00.


MIELY's Price-to-Owner-Earnings is ranked better than
66.13% of 1376 companies
in the Industrial Products industry
Industry Median: 23.275 vs MIELY: 14.11

As of today (2024-04-26), Mitsubishi Electric's share price is $30.668. Mitsubishi Electric's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.75. Therefore, Mitsubishi Electric's PE Ratio for today is 17.48.

As of today (2024-04-26), Mitsubishi Electric's share price is $30.668. Mitsubishi Electric's EPS without NRI for the trailing twelve months (TTM) ended in was $1.75. Therefore, Mitsubishi Electric's PE Ratio without NRI for today is 17.48.

During the past 13 years, Mitsubishi Electric's highest PE Ratio without NRI was 35.52. The lowest was 8.27. And the median was 15.19.


Mitsubishi Electric Price-to-Owner-Earnings Historical Data

The historical data trend for Mitsubishi Electric's Price-to-Owner-Earnings 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.

Mitsubishi Electric Price-to-Owner-Earnings Chart

Mitsubishi Electric Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.44 10.02 8.17 14.49 27.64

Mitsubishi Electric Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Owner-Earnings 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 29.57 27.64 24.87 15.41 11.98

Competitive Comparison of Mitsubishi Electric's Price-to-Owner-Earnings

For the Electrical Equipment & Parts subindustry, Mitsubishi Electric's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Mitsubishi Electric's Price-to-Owner-Earnings Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mitsubishi Electric's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Mitsubishi Electric's Price-to-Owner-Earnings falls into.



Mitsubishi Electric Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Mitsubishi Electric's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=30.668/2.17
=14.13

* 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.


Mitsubishi Electric  (OTCPK:MIELY) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Mitsubishi Electric Price-to-Owner-Earnings Related Terms

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Mitsubishi Electric (Mitsubishi Electric) Business Description

Traded in Other Exchanges
Address
Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8310
Mitsubishi Electric is a general electric diversified industrials company that develops, manufactures and sells electrical equipment worldwide. The company's core segments include: industrial automation systems, energy and electric systems, electric devices, information and communication systems, and home appliances (which includes commercial air conditioning). Mitsubishi Electric was founded in 1921 and is headquartered in Tokyo.

Mitsubishi Electric (Mitsubishi Electric) Headlines

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