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Yokogawa Electric (FRA:YKE) Shiller PE Ratio : 34.49 (As of May. 28, 2024)


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What is Yokogawa Electric Shiller PE Ratio?

As of today (2024-05-28), Yokogawa Electric's current share price is €23.80. Yokogawa Electric's E10 for the quarter that ended in Dec. 2023 was €0.69. Yokogawa Electric's Shiller PE Ratio for today is 34.49.

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

FRA:YKE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.52   Med: 30.13   Max: 498.12
Current: 37.49

During the past years, Yokogawa Electric's highest Shiller PE Ratio was 498.12. The lowest was 14.52. And the median was 30.13.

FRA:YKE's Shiller PE Ratio is ranked worse than
67.5% of 1757 companies
in the Industrial Products industry
Industry Median: 25.56 vs FRA:YKE: 37.49

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.

Yokogawa Electric's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.416. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.69 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yokogawa Electric Shiller PE Ratio Historical Data

The historical data trend for Yokogawa Electric'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.

Yokogawa Electric Shiller PE Ratio Chart

Yokogawa Electric 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 20.52 27.85 26.36 23.74 -

Yokogawa Electric 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 23.74 26.54 28.15 24.55 -

Competitive Comparison of Yokogawa Electric's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, Yokogawa Electric'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.


Yokogawa Electric's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Yokogawa Electric's Shiller PE Ratio distribution charts can be found below:

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



Yokogawa Electric 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.

Yokogawa Electric's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=23.80/0.69
=34.49

* 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.

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

For example, Yokogawa Electric'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)
=0.416/106.8000*106.8000
=0.416

Current CPI (Dec. 2023) = 106.8000.

Yokogawa Electric Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.147 95.700 0.164
201406 0.031 98.000 0.034
201409 0.183 98.500 0.198
201412 0.139 97.900 0.152
201503 0.130 97.900 0.142
201506 0.143 98.400 0.155
201509 0.307 98.500 0.333
201512 0.225 98.100 0.245
201603 0.182 97.900 0.199
201606 0.096 98.100 0.105
201609 0.237 98.000 0.258
201612 0.210 98.400 0.228
201703 0.267 98.100 0.291
201706 0.099 98.500 0.107
201709 0.179 98.800 0.193
201712 -0.026 99.400 -0.028
201803 0.366 99.200 0.394
201806 0.098 99.200 0.106
201809 0.194 99.900 0.207
201812 0.262 99.700 0.281
201903 0.280 99.700 0.300
201906 0.064 99.800 0.068
201909 0.245 100.100 0.261
201912 0.081 100.500 0.086
202003 0.069 100.300 0.073
202006 0.092 99.900 0.098
202009 0.205 99.900 0.219
202012 0.206 99.300 0.222
202103 0.072 99.900 0.077
202106 0.084 99.500 0.090
202109 0.177 100.100 0.189
202112 0.149 100.100 0.159
202203 0.202 101.100 0.213
202206 0.035 101.800 0.037
202209 0.209 103.100 0.217
202212 0.200 104.100 0.205
202303 0.578 104.400 0.591
202306 0.605 105.200 0.614
202309 0.252 106.200 0.253
202312 0.416 106.800 0.416

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.


Yokogawa Electric  (FRA:YKE) 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.


Yokogawa Electric Shiller PE Ratio Related Terms

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


Yokogawa Electric (FRA:YKE) Business Description

Traded in Other Exchanges
Address
2-9-32 Nakacho, Musashino-shi, Tokyo, JPN, 180-8750
Yokogawa Electric Corporation offers systems and solutions for measurement, control, and information technologies. Software, data acquisition instruments, field instruments, and other components compose a diverse product portfolio and allow the company to reach various customers involved in different end-markets. Essentially, the company helps link plant operations and corporate management. It has three business segments: industrial automation (majority of total revenue), control, test and measurement, and aviation and other businesses. In addition to its product offerings, Yokogawa offers consulting and execution services to supply customers with resources to make timely operating decisions. The majority of sales derive from Asia, with Japan being a key region for the company.

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