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Taisei (FRA:TKK1) Shiller PE Ratio : 13.98 (As of May. 06, 2024)


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What is Taisei Shiller PE Ratio?

As of today (2024-05-06), Taisei's current share price is €34.80. Taisei's E10 for the quarter that ended in Dec. 2023 was €2.49. Taisei's Shiller PE Ratio for today is 13.98.

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

FRA:TKK1' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.52   Med: 13.75   Max: 47.25
Current: 14.91

During the past years, Taisei's highest Shiller PE Ratio was 47.25. The lowest was 9.52. And the median was 13.75.

FRA:TKK1's Shiller PE Ratio is ranked better than
54.18% of 982 companies
in the Construction industry
Industry Median: 15.85 vs FRA:TKK1: 14.91

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.

Taisei's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.168. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.49 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taisei Shiller PE Ratio Historical Data

The historical data trend for Taisei'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.

Taisei Shiller PE Ratio Chart

Taisei 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 21.60 11.55 13.16 9.74 10.52

Taisei 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 11.07 10.52 12.88 13.22 12.14

Competitive Comparison of Taisei's Shiller PE Ratio

For the Engineering & Construction subindustry, Taisei'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.


Taisei's Shiller PE Ratio Distribution in the Construction Industry

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

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



Taisei 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.

Taisei's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=34.80/2.49
=13.98

* 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.

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

For example, Taisei'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)
=0.168/106.8000*106.8000
=0.168

Current CPI (Dec. 2023) = 106.8000.

Taisei Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.261 95.700 0.291
201406 0.016 98.000 0.017
201409 0.376 98.500 0.408
201412 0.492 97.900 0.537
201503 0.306 97.900 0.334
201506 0.478 98.400 0.519
201509 0.508 98.500 0.551
201512 0.731 98.100 0.796
201603 0.774 97.900 0.844
201606 0.437 98.100 0.476
201609 0.876 98.000 0.955
201612 1.471 98.400 1.597
201703 0.503 98.100 0.548
201706 0.693 98.500 0.751
201709 0.817 98.800 0.883
201712 1.223 99.400 1.314
201803 1.558 99.200 1.677
201806 0.451 99.200 0.486
201809 0.772 99.900 0.825
201812 0.966 99.700 1.035
201903 1.829 99.700 1.959
201906 0.807 99.800 0.864
201909 0.932 100.100 0.994
201912 0.928 100.500 0.986
202003 2.115 100.300 2.252
202006 0.517 99.900 0.553
202009 0.667 99.900 0.713
202012 1.004 99.300 1.080
202103 1.315 99.900 1.406
202106 0.159 99.500 0.171
202109 0.575 100.100 0.613
202112 0.800 100.100 0.854
202203 1.167 101.100 1.233
202206 0.225 101.800 0.236
202209 0.432 103.100 0.448
202212 0.516 104.100 0.529
202303 0.519 104.400 0.531
202306 -0.079 105.200 -0.080
202309 0.579 106.200 0.582
202312 0.168 106.800 0.168

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.


Taisei  (FRA:TKK1) 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.


Taisei Shiller PE Ratio Related Terms

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


Taisei (FRA:TKK1) Business Description

Traded in Other Exchanges
Address
Shinjuku Center Building, 1-25-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0606
Taisei Corp provides civil engineering and building development services in many different areas. It enters contracts to develop and enhance urbanization in designated regions. The company has four operating segments: civil engineering (majority of total revenue), building construction, real estate development, and other. It participates in all phases of project development, including planning, design, construction, and aftermarket services. Multiple projects are conducted simultaneously as the company showcases its expansive network and technical know-how. Taisei's projects range from traffic infrastructure and tunnels to airport facilities and high-rise building offices. Customers in Japan account for majority of total sales.

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