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NKK Switches Co (TSE:6943) Shiller PE Ratio : 26.91 (As of May. 14, 2024)


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What is NKK Switches Co Shiller PE Ratio?

As of today (2024-05-14), NKK Switches Co's current share price is 円5390.00. NKK Switches Co's E10 for the quarter that ended in Dec. 2023 was 円200.28. NKK Switches Co's Shiller PE Ratio for today is 26.91.

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

TSE:6943' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.44   Med: 23.99   Max: 68.51
Current: 26.91

During the past years, NKK Switches Co's highest Shiller PE Ratio was 68.51. The lowest was 12.44. And the median was 23.99.

TSE:6943's Shiller PE Ratio is ranked worse than
51.95% of 1748 companies
in the Industrial Products industry
Industry Median: 25.91 vs TSE:6943: 26.91

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.

NKK Switches Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円58.038. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円200.28 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


NKK Switches Co Shiller PE Ratio Historical Data

The historical data trend for NKK Switches 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.

NKK Switches Co Shiller PE Ratio Chart

NKK Switches 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 23.13 13.03 26.60 32.47 27.75

NKK Switches 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 21.97 27.75 24.36 24.22 27.21

Competitive Comparison of NKK Switches Co's Shiller PE Ratio

For the Electrical Equipment & Parts subindustry, NKK Switches 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.


NKK Switches Co's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



NKK Switches 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.

NKK Switches Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5390.00/200.28
=26.91

* 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.

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

For example, NKK Switches 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)
=58.038/106.8000*106.8000
=58.038

Current CPI (Dec. 2023) = 106.8000.

NKK Switches Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 72.800 95.700 81.244
201406 175.900 98.000 191.695
201409 95.900 98.500 103.981
201412 274.300 97.900 299.236
201503 127.981 97.900 139.616
201506 66.400 98.400 72.068
201509 97.538 98.500 105.757
201512 -66.200 98.100 -72.071
201603 8.384 97.900 9.146
201606 -64.000 98.100 -69.676
201609 -579.590 98.000 -631.635
201612 33.599 98.400 36.467
201703 -119.290 98.100 -129.869
201706 94.360 98.500 102.311
201709 -17.457 98.800 -18.871
201712 244.740 99.400 262.960
201803 -56.885 99.200 -61.243
201806 30.160 99.200 32.471
201809 -24.000 99.900 -25.658
201812 -99.570 99.700 -106.661
201903 -474.639 99.700 -508.440
201906 17.410 99.800 18.631
201909 -110.930 100.100 -118.355
201912 -4.460 100.500 -4.740
202003 5.904 100.300 6.287
202006 -156.100 99.900 -166.882
202009 45.515 99.900 48.659
202012 18.130 99.300 19.499
202103 168.040 99.900 179.646
202106 423.940 99.500 455.043
202109 172.656 100.100 184.212
202112 202.408 100.100 215.956
202203 -92.870 101.100 -98.106
202206 438.690 101.800 460.237
202209 345.030 103.100 357.412
202212 315.256 104.100 323.433
202303 -94.910 104.400 -97.092
202306 209.990 105.200 213.184
202309 134.104 106.200 134.862
202312 58.038 106.800 58.038

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.


NKK Switches Co  (TSE:6943) 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.


NKK Switches Co Shiller PE Ratio Related Terms

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NKK Switches Co (TSE:6943) Business Description

Traded in Other Exchanges
N/A
Address
715-1 Unan, Takatsu-ku, Kawasaki-shi, JPN, 213 8553
NKK Switches Co Ltd is a Japan-based company engages in the manufacture and sale of switches and peripheral equipment. It offers DIP, illuminated, keylock, membrane keypads, pushbutton, rocker, rotary, slide, surface mount, tactile, tilt, toggle, and touch screen switches; switch guides; and accessories.

NKK Switches Co (TSE:6943) Headlines

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