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Daido Signal Co (TSE:6743) Shiller PE Ratio : 8.52 (As of Jun. 05, 2024)


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What is Daido Signal Co Shiller PE Ratio?

As of today (2024-06-05), Daido Signal Co's current share price is 円485.00. Daido Signal Co's E10 for the quarter that ended in Dec. 2023 was 円56.90. Daido Signal Co's Shiller PE Ratio for today is 8.52.

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

TSE:6743' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.52   Med: 9.03   Max: 12.02
Current: 8.56

During the past years, Daido Signal Co's highest Shiller PE Ratio was 12.02. The lowest was 6.52. And the median was 9.03.

TSE:6743's Shiller PE Ratio is ranked better than
93.02% of 1763 companies
in the Industrial Products industry
Industry Median: 24.87 vs TSE:6743: 8.56

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.

Daido Signal Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円1.655. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円56.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daido Signal Co Shiller PE Ratio Historical Data

The historical data trend for Daido Signal 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.

Daido Signal Co Shiller PE Ratio Chart

Daido Signal Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.92 6.84 9.05 9.71 7.27

Daido Signal 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 6.66 7.27 7.34 7.34 7.22

Competitive Comparison of Daido Signal Co's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, Daido Signal 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.


Daido Signal Co's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



Daido Signal 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.

Daido Signal Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=485.00/56.9
=8.52

* 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.

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

For example, Daido Signal 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)
=1.655/106.8000*106.8000
=1.655

Current CPI (Dec. 2023) = 106.8000.

Daido Signal Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 46.210 95.700 51.570
201406 -5.910 98.000 -6.441
201409 14.120 98.500 15.310
201412 11.590 97.900 12.644
201503 45.870 97.900 50.040
201506 -8.830 98.400 -9.584
201509 21.990 98.500 23.843
201512 6.820 98.100 7.425
201603 63.720 97.900 69.513
201606 0.620 98.100 0.675
201609 2.847 98.000 3.103
201612 2.920 98.400 3.169
201703 56.840 98.100 61.881
201706 -12.080 98.500 -13.098
201709 15.050 98.800 16.269
201712 6.290 99.400 6.758
201803 -46.066 99.200 -49.595
201806 6.500 99.200 6.998
201809 17.610 99.900 18.826
201812 37.035 99.700 39.672
201903 39.287 99.700 42.085
201906 -0.530 99.800 -0.567
201909 15.977 100.100 17.046
201912 22.584 100.500 24.000
202003 49.970 100.300 53.208
202006 1.120 99.900 1.197
202009 3.780 99.900 4.041
202012 14.648 99.300 15.754
202103 41.378 99.900 44.236
202106 9.830 99.500 10.551
202109 16.240 100.100 17.327
202112 19.688 100.100 21.006
202203 -5.493 101.100 -5.803
202206 11.330 101.800 11.886
202209 2.693 103.100 2.790
202212 13.409 104.100 13.757
202303 5.630 104.400 5.759
202306 -5.350 105.200 -5.431
202309 -14.390 106.200 -14.471
202312 1.655 106.800 1.655

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.


Daido Signal Co  (TSE:6743) 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.


Daido Signal Co Shiller PE Ratio Related Terms

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


Daido Signal Co (TSE:6743) Business Description

Traded in Other Exchanges
N/A
Address
New-Onarimon-Building, 6-17-19 Shimbashi, Minato-ku, Tokyo, JPN
Daido Signal Co Ltd is a Japan-based company engages in the manufacture, installation/processing, repair and sale of railway signal safety devices, electrical equipment, mechanical devices, and synthetic resins.

Daido Signal Co (TSE:6743) Headlines

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