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Tokyo Ohka Kogyo Co (Tokyo Ohka Kogyo Co) Shiller PE Ratio : 35.43 (As of May. 15, 2024)


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What is Tokyo Ohka Kogyo Co Shiller PE Ratio?

As of today (2024-05-15), Tokyo Ohka Kogyo Co's current share price is $19.13333. Tokyo Ohka Kogyo Co's E10 for the quarter that ended in Dec. 2023 was $0.54. Tokyo Ohka Kogyo Co's Shiller PE Ratio for today is 35.43.

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

TOKCF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 22.19   Med: 33.67   Max: 109.75
Current: 50.95

During the past years, Tokyo Ohka Kogyo Co's highest Shiller PE Ratio was 109.75. The lowest was 22.19. And the median was 33.67.

TOKCF's Shiller PE Ratio is ranked worse than
79.52% of 1382 companies
in the Hardware industry
Industry Median: 23.865 vs TOKCF: 50.95

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.

Tokyo Ohka Kogyo Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.298. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.54 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tokyo Ohka Kogyo Co Shiller PE Ratio Historical Data

The historical data trend for Tokyo Ohka Kogyo Co'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.

Tokyo Ohka Kogyo Co Shiller PE Ratio Chart

Tokyo Ohka Kogyo Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.31 45.00 35.00 24.92 35.76

Tokyo Ohka Kogyo Co 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 24.92 31.53 35.23 35.28 35.76

Competitive Comparison of Tokyo Ohka Kogyo Co's Shiller PE Ratio

For the Electronic Components subindustry, Tokyo Ohka Kogyo Co'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.


Tokyo Ohka Kogyo Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tokyo Ohka Kogyo Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tokyo Ohka Kogyo Co's Shiller PE Ratio falls into.



Tokyo Ohka Kogyo Co 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.

Tokyo Ohka Kogyo Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=19.13333/0.54
=35.43

* 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.

Tokyo Ohka Kogyo Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Tokyo Ohka Kogyo Co'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)
=0.298/106.8000*106.8000
=0.298

Current CPI (Dec. 2023) = 106.8000.

Tokyo Ohka Kogyo Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.122 95.700 0.136
201406 0.180 98.000 0.196
201409 0.167 98.500 0.181
201412 0.148 97.900 0.161
201503 0.094 97.900 0.103
201506 0.152 98.400 0.165
201509 0.151 98.500 0.164
201512 0.110 98.100 0.120
201603 0.074 97.900 0.081
201606 0.097 98.100 0.106
201609 0.148 98.000 0.161
201612 0.128 98.400 0.139
201703 0.073 98.100 0.079
201706 0.126 98.500 0.137
201709 0.143 98.800 0.155
201712 0.143 99.400 0.154
201803 0.126 99.200 0.136
201806 0.111 99.200 0.120
201809 0.156 99.900 0.167
201812 0.105 99.700 0.112
201903 0.111 99.700 0.119
201906 0.101 99.800 0.108
201909 0.089 100.100 0.095
201912 0.095 100.500 0.101
202003 0.167 100.300 0.178
202006 0.179 99.900 0.191
202009 0.207 99.900 0.221
202012 0.198 99.300 0.213
202103 0.253 99.900 0.270
202106 0.215 99.500 0.231
202109 0.288 100.100 0.307
202112 0.530 100.100 0.565
202203 0.347 101.100 0.367
202206 0.294 101.800 0.308
202209 0.317 103.100 0.328
202212 0.274 104.100 0.281
202303 0.133 104.400 0.136
202306 0.187 105.200 0.190
202309 0.121 106.200 0.122
202312 0.298 106.800 0.298

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.


Tokyo Ohka Kogyo Co  (OTCPK:TOKCF) 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.


Tokyo Ohka Kogyo Co Shiller PE Ratio Related Terms

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Tokyo Ohka Kogyo Co (Tokyo Ohka Kogyo Co) Business Description

Traded in Other Exchanges
Address
150 Nakamaruko, Nakahara-ku, Kanagawa, Kawasaki, JPN, 211-0012
Tokyo Ohka Kogyo Co Ltd is a Japan-based company that manufactures functional materials and processing equipment. The processing equipment sold by the firm are primarily used in the manufacturing of semiconductors and liquid crystal display products. The materials used in the manufacturing of these products are also sold by the company, particularly for the photolithography process. The firm also sells inorganic and organic chemicals. Tokyo Ohka Kogyo has manufacturing facilities in the United States, Taiwan, China, and South Korea.

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