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Makita (STU:MK2A) Shiller PE Ratio : 23.88 (As of May. 16, 2024)


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What is Makita Shiller PE Ratio?

As of today (2024-05-16), Makita's current share price is €27.22. Makita's E10 for the quarter that ended in Mar. 2024 was €1.14. Makita's Shiller PE Ratio for today is 23.88.

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

STU:MK2A' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14   Med: 25.56   Max: 40.24
Current: 24.78

During the past years, Makita's highest Shiller PE Ratio was 40.24. The lowest was 14.00. And the median was 25.56.

STU:MK2A's Shiller PE Ratio is ranked better than
52.38% of 1745 companies
in the Industrial Products industry
Industry Median: 25.91 vs STU:MK2A: 24.78

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.

Makita's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.252. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Makita Shiller PE Ratio Historical Data

The historical data trend for Makita'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.

Makita Shiller PE Ratio Chart

Makita 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 20.78 27.86 21.41 18.07 22.86

Makita 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 18.07 21.96 20.01 21.02 22.86

Competitive Comparison of Makita's Shiller PE Ratio

For the Tools & Accessories subindustry, Makita'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.


Makita's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



Makita 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.

Makita's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=27.22/1.14
=23.88

* 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.

Makita's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Makita's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.252/107.2000*107.2000
=0.252

Current CPI (Mar. 2024) = 107.2000.

Makita Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.311 98.000 0.340
201409 0.367 98.500 0.399
201412 0.281 97.900 0.308
201503 0.243 97.900 0.266
201506 0.289 98.400 0.315
201509 0.289 98.500 0.315
201512 0.317 98.100 0.346
201603 0.255 97.900 0.279
201606 0.411 98.100 0.449
201609 0.350 98.000 0.383
201612 0.320 98.400 0.349
201703 0.308 98.100 0.337
201706 0.385 98.500 0.419
201709 0.399 98.800 0.433
201712 0.385 99.400 0.415
201803 0.384 99.200 0.415
201806 0.445 99.200 0.481
201809 0.398 99.900 0.427
201812 0.389 99.700 0.418
201903 0.370 99.700 0.398
201906 0.427 99.800 0.459
201909 0.336 100.100 0.360
201912 0.413 100.500 0.441
202003 0.284 100.300 0.304
202006 0.350 99.900 0.376
202009 0.463 99.900 0.497
202012 0.576 99.300 0.622
202103 0.431 99.900 0.462
202106 0.600 99.500 0.646
202109 0.461 100.100 0.494
202112 0.387 100.100 0.414
202203 0.378 101.100 0.401
202206 0.275 101.800 0.290
202209 0.013 103.100 0.014
202212 0.081 104.100 0.083
202303 -0.065 104.400 -0.067
202306 0.270 105.200 0.275
202309 0.227 106.200 0.229
202312 0.280 106.800 0.281
202403 0.252 107.200 0.252

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.


Makita  (STU:MK2A) 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.


Makita Shiller PE Ratio Related Terms

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


Makita (STU:MK2A) Business Description

Traded in Other Exchanges
Address
3-11-8, Sumiyoshi-cho, Aichi Prefecture, Anjo, JPN, 446-8502
Makita manufactures and sells professional-grade power tools, outdoor power equipment, and other tools, such as lithium-ion battery-powered drills, impact drivers, lawn mowers, chainsaws, and hedge trimmers. The company was founded in 1915 as an electric motor sales and repair company in Nagoya, Japan, and later became a power tools manufacturer, since marketing its first portable electrical planer in Japan in 1958. While the company has local production bases in key regions globally, above 60% of its product volume is manufactured in China. Its headquarters is currently in Anjo, Japan.

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