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Obayashi (Obayashi) Shiller PE Ratio : 15.13 (As of May. 10, 2024)


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What is Obayashi Shiller PE Ratio?

As of today (2024-05-10), Obayashi's current share price is $11.80. Obayashi's E10 for the quarter that ended in Dec. 2023 was $0.78. Obayashi's Shiller PE Ratio for today is 15.13.

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

OBYCF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.02   Med: 17.81   Max: 369.82
Current: 15.01

During the past years, Obayashi's highest Shiller PE Ratio was 369.82. The lowest was 9.02. And the median was 17.81.

OBYCF's Shiller PE Ratio is ranked better than
54% of 987 companies
in the Construction industry
Industry Median: 15.97 vs OBYCF: 15.01

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.

Obayashi's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.172. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Obayashi Shiller PE Ratio Historical Data

The historical data trend for Obayashi'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.

Obayashi Shiller PE Ratio Chart

Obayashi 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 20.08 11.66 11.20 9.33 9.34

Obayashi 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 9.51 9.34 11.33 11.59 10.56

Competitive Comparison of Obayashi's Shiller PE Ratio

For the Engineering & Construction subindustry, Obayashi'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.


Obayashi's Shiller PE Ratio Distribution in the Construction Industry

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

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



Obayashi 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.

Obayashi's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=11.80/0.78
=15.13

* 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.

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

For example, Obayashi'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)
=0.172/106.8000*106.8000
=0.172

Current CPI (Dec. 2023) = 106.8000.

Obayashi Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.106 95.700 0.118
201406 0.093 98.000 0.101
201409 0.096 98.500 0.104
201412 0.118 97.900 0.129
201503 0.051 97.900 0.056
201506 0.124 98.400 0.135
201509 0.196 98.500 0.213
201512 0.261 98.100 0.284
201603 0.158 97.900 0.172
201606 0.211 98.100 0.230
201609 0.351 98.000 0.383
201612 0.348 98.400 0.378
201703 0.295 98.100 0.321
201706 0.238 98.500 0.258
201709 0.370 98.800 0.400
201712 0.338 99.400 0.363
201803 0.222 99.200 0.239
201806 0.227 99.200 0.244
201809 0.384 99.900 0.411
201812 0.377 99.700 0.404
201903 0.426 99.700 0.456
201906 0.293 99.800 0.314
201909 0.442 100.100 0.472
201912 0.446 100.500 0.474
202003 0.276 100.300 0.294
202006 0.295 99.900 0.315
202009 0.322 99.900 0.344
202012 0.322 99.300 0.346
202103 0.354 99.900 0.378
202106 0.156 99.500 0.167
202109 0.083 100.100 0.089
202112 0.238 100.100 0.254
202203 0.009 101.100 0.010
202206 0.117 101.800 0.123
202209 0.265 103.100 0.275
202212 0.187 104.100 0.192
202303 0.220 104.400 0.225
202306 0.065 105.200 0.066
202309 0.218 106.200 0.219
202312 0.172 106.800 0.172

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.


Obayashi  (OTCPK:OBYCF) 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.


Obayashi Shiller PE Ratio Related Terms

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


Obayashi (Obayashi) Business Description

Traded in Other Exchanges
Address
2-15-2 Konan, Minato-Ku, Tokyo, JPN, 108-8502
Obayashi Corp provides technology and construction services for multiple industries. It builds energy-saving offices, high-productivity plants, hospitals, schools, and other facilities. The company utilizes technical know-how for a variety of civil engineering projects, such as tunnels, bridges, dams, and other infrastructure developments. In addition, it is involved in redevelopment projects across Japan and owns rental property. Obayashi operates four business units: building construction, civil engineering, real estate, and other businesses. It leans on establishing a strong track record of completed projects, and having the resources to work in multiple endeavors and customize solutions to customers' needs.

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