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TOCALO Co (TSE:3433) Shiller PE Ratio : 22.59 (As of May. 13, 2024)


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What is TOCALO Co Shiller PE Ratio?

As of today (2024-05-13), TOCALO Co's current share price is 円1954.00. TOCALO Co's E10 for the quarter that ended in Dec. 2023 was 円86.49. TOCALO Co's Shiller PE Ratio for today is 22.59.

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

TSE:3433' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.34   Med: 19.04   Max: 30.15
Current: 22.59

During the past years, TOCALO Co's highest Shiller PE Ratio was 30.15. The lowest was 13.34. And the median was 19.04.

TSE:3433's Shiller PE Ratio is ranked worse than
53.45% of 522 companies
in the Business Services industry
Industry Median: 19.68 vs TSE:3433: 22.59

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.

TOCALO Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円21.770. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円86.49 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


TOCALO Co Shiller PE Ratio Historical Data

The historical data trend for TOCALO 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.

TOCALO Co Shiller PE Ratio Chart

TOCALO Co 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 18.32 23.88 19.62 16.12 -

TOCALO Co 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 16.12 18.17 16.04 17.27 -

Competitive Comparison of TOCALO Co's Shiller PE Ratio

For the Specialty Business Services subindustry, TOCALO 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.


TOCALO Co's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, TOCALO Co's Shiller PE Ratio distribution charts can be found below:

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



TOCALO 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.

TOCALO Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1954.00/86.49
=22.59

* 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.

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

For example, TOCALO 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)
=21.77/106.8000*106.8000
=21.770

Current CPI (Dec. 2023) = 106.8000.

TOCALO Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 9.750 95.700 10.881
201406 13.750 98.000 14.985
201409 8.980 98.500 9.737
201412 13.465 97.900 14.689
201503 13.655 97.900 14.896
201506 17.598 98.400 19.100
201509 13.692 98.500 14.846
201512 13.391 98.100 14.579
201603 4.918 97.900 5.365
201606 14.473 98.100 15.757
201609 14.139 98.000 15.409
201612 17.585 98.400 19.086
201703 20.753 98.100 22.593
201706 21.170 98.500 22.954
201709 17.620 98.800 19.047
201712 22.145 99.400 23.794
201803 18.606 99.200 20.031
201806 29.630 99.200 31.900
201809 23.275 99.900 24.883
201812 22.070 99.700 23.642
201903 14.524 99.700 15.558
201906 20.850 99.800 22.312
201909 14.490 100.100 15.460
201912 20.100 100.500 21.360
202003 17.008 100.300 18.110
202006 24.120 99.900 25.786
202009 20.100 99.900 21.488
202012 24.490 99.300 26.340
202103 21.150 99.900 22.611
202106 30.690 99.500 32.942
202109 26.030 100.100 27.772
202112 25.460 100.100 27.164
202203 31.438 101.100 33.210
202206 31.440 101.800 32.984
202209 33.000 103.100 34.184
202212 28.750 104.100 29.496
202303 27.627 104.400 28.262
202306 25.350 105.200 25.736
202309 24.070 106.200 24.206
202312 21.770 106.800 21.770

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.


TOCALO Co  (TSE:3433) 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.


TOCALO Co Shiller PE Ratio Related Terms

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TOCALO Co (TSE:3433) Business Description

Traded in Other Exchanges
N/A
Address
4-13-4, Fukaekita-Machi, Higashinada-Ku, Kobe, JPN, 658-0013
TOCALO Co Ltd develops surface modifying technologies in Japan and internationally. The company produces various functional coatings through thermal spraying technology, including vacuum plasma, atmospheric plasma, electric arc, and high-velocity oxy-fuel spraying, as well as powder, rod, and wire flame spraying processes. It also provides peripheral surface technologies, such as WIN KOTE, CDC-ZAC, and Lite Force coatings; and TD, PTA, and PVD processes.

TOCALO Co (TSE:3433) Headlines

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