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Sojitz (TSE:2768) Shiller PE Ratio : 1.73 (As of May. 11, 2024)


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What is Sojitz Shiller PE Ratio?

As of today (2024-05-11), Sojitz's current share price is 円4221.00. Sojitz's E10 for the quarter that ended in Mar. 2024 was 円2,446.33. Sojitz's Shiller PE Ratio for today is 1.73.

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

TSE:2768' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.04   Med: 11.05   Max: 22.67
Current: 1.73

During the past years, Sojitz's highest Shiller PE Ratio was 22.67. The lowest was 1.04. And the median was 11.05.

TSE:2768's Shiller PE Ratio is ranked better than
97.94% of 340 companies
in the Conglomerates industry
Industry Median: 16.05 vs TSE:2768: 1.73

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.

Sojitz's adjusted earnings per share data for the three months ended in Mar. 2024 was 円115.840. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円2,446.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sojitz Shiller PE Ratio Historical Data

The historical data trend for Sojitz'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.

Sojitz Shiller PE Ratio Chart

Sojitz 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 9.17 10.95 10.93 1.18 1.63

Sojitz 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 1.18 1.34 1.36 1.31 1.63

Competitive Comparison of Sojitz's Shiller PE Ratio

For the Conglomerates subindustry, Sojitz'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.


Sojitz's Shiller PE Ratio Distribution in the Conglomerates Industry

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

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



Sojitz 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.

Sojitz's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4221.00/2446.33
=1.73

* 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.

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

For example, Sojitz'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)
=115.84/107.2000*107.2000
=115.840

Current CPI (Mar. 2024) = 107.2000.

Sojitz Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 35.550 98.000 38.887
201409 31.350 98.500 34.119
201412 41.850 97.900 45.826
201503 23.450 97.900 25.678
201506 42.350 98.400 46.137
201509 40.000 98.500 43.533
201512 46.350 98.100 50.650
201603 17.250 97.900 18.889
201606 33.650 98.100 36.771
201609 27.750 98.000 30.355
201612 58.850 98.400 64.113
201703 42.650 98.100 46.606
201706 58.400 98.500 63.558
201709 50.450 98.800 54.739
201712 70.050 99.400 75.547
201803 48.250 99.200 52.141
201806 79.000 99.200 85.371
201809 69.550 99.900 74.632
201812 66.300 99.700 71.287
201903 66.850 99.700 71.879
201906 57.050 99.800 61.280
201909 61.050 100.100 65.380
201912 31.950 100.500 34.080
202003 94.400 100.300 100.894
202006 9.900 99.900 10.623
202009 28.210 99.900 30.271
202012 31.570 99.300 34.082
202103 42.870 99.900 46.003
202106 70.900 99.500 76.387
202109 96.490 100.100 103.334
202112 97.780 100.100 104.715
202203 87.960 101.100 93.267
202206 195.610 101.800 205.986
202209 9,146.100 103.100 9,509.815
202212 12,129.300 104.100 12,490.499
202303 10.900 104.400 11.192
202306 96.860 105.200 98.701
202309 115.390 106.200 116.477
202312 123.300 106.800 123.762
202403 115.840 107.200 115.840

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.


Sojitz  (TSE:2768) 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.


Sojitz Shiller PE Ratio Related Terms

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


Sojitz (TSE:2768) Business Description

Traded in Other Exchanges
Address
1-1, Uchisaiwaicho 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8691
Sojitz Corp is a Japanese business conglomerate. The group operates nine business segments: automotive, aerospace and IT, energy, metals and coal, foods and agriculture, lifestyle commodities and materials, infrastructure and environment, chemicals, and retail. The largest segment by profit, chemicals, conducts trading operations in liquid chemicals such as methanol, petrochemical products such as plastics, and inorganic chemicals including rare earths and mineral-related products. The next segment contributing significantly to profits, automotive, includes a vehicle export, wholesale, assembly, and dealership business in the Association of Southeast Asian Nations region, as well as in Russia and Central and South America.

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