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Nippon Paper Group, (TSE:3893) Shiller PE Ratio : (As of Jun. 11, 2024)


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What is Nippon Paper Group, Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Paper Group, Shiller PE Ratio Historical Data

The historical data trend for Nippon Paper Group,'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.

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Nippon Paper Group, Shiller PE Ratio Chart

Nippon Paper Group, Annual Data
Trend Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12
Shiller PE Ratio
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Nippon Paper Group, Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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Competitive Comparison of Nippon Paper Group,'s Shiller PE Ratio

For the Paper & Paper Products subindustry, Nippon Paper Group,'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.


Nippon Paper Group,'s Shiller PE Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nippon Paper Group,'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Nippon Paper Group,'s Shiller PE Ratio falls into.



Nippon Paper Group, 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.

Nippon Paper Group,'s E10 for the fiscal year that ended in Mar12 is calculated as:

For example, Nippon Paper Group,'s adjusted earnings per share data for the fiscal year that ended in Mar12 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar12 (Change)*Current CPI (Mar12)
=-359.9/95.1000*95.1000
=-359.900

Current CPI (Mar12) = 95.1000.

Nippon Paper Group, Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
200303 41.374 95.400 41.244
200403 211.326 95.300 210.883
200503 211.075 95.300 210.632
200603 151.238 95.100 151.238
200703 0.000 95.000 0.000
200803 52.005 96.100 51.464
200903 -208.600 95.900 -206.860
201003 264.030 95.100 264.030
201103 -208.730 94.600 -209.833
201203 -359.900 95.100 -359.900

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.


Nippon Paper Group,  (TSE:3893) 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.


Nippon Paper Group, Shiller PE Ratio Related Terms

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Nippon Paper Group, (TSE:3893) Business Description

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