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Mani (TSE:7730) Shiller PE Ratio : 41.30 (As of May. 13, 2024)


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What is Mani Shiller PE Ratio?

As of today (2024-05-13), Mani's current share price is 円1888.50. Mani's E10 for the quarter that ended in Feb. 2024 was 円45.73. Mani's Shiller PE Ratio for today is 41.30.

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

TSE:7730' s Shiller PE Ratio Range Over the Past 10 Years
Min: 30.41   Med: 55.63   Max: 98.52
Current: 41.3

During the past years, Mani's highest Shiller PE Ratio was 98.52. The lowest was 30.41. And the median was 55.63.

TSE:7730's Shiller PE Ratio is ranked worse than
68.55% of 283 companies
in the Medical Devices & Instruments industry
Industry Median: 27.27 vs TSE:7730: 41.30

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.

Mani's adjusted earnings per share data for the three months ended in Feb. 2024 was 円16.427. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円45.73 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mani Shiller PE Ratio Historical Data

The historical data trend for Mani'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.

Mani Shiller PE Ratio Chart

Mani Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.21 83.22 63.14 45.44 43.59

Mani Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 45.50 38.83 43.59 48.87 44.60

Competitive Comparison of Mani's Shiller PE Ratio

For the Medical Instruments & Supplies subindustry, Mani'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.


Mani's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Mani's Shiller PE Ratio distribution charts can be found below:

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



Mani 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.

Mani's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1888.50/45.73
=41.30

* 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.

Mani's E10 for the quarter that ended in Feb. 2024 is calculated as:

For example, Mani's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=16.427/106.9000*106.9000
=16.427

Current CPI (Feb. 2024) = 106.9000.

Mani Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 6.802 98.100 7.412
201408 6.486 98.300 7.053
201411 7.003 97.900 7.647
201502 6.437 97.600 7.050
201505 8.586 98.700 9.299
201508 7.499 98.400 8.147
201511 5.677 98.100 6.186
201602 6.746 97.800 7.374
201605 10.730 98.200 11.681
201608 7.173 97.900 7.832
201611 8.557 98.600 9.277
201702 8.666 98.100 9.443
201705 7.738 98.600 8.389
201708 8.720 98.500 9.464
201711 8.570 99.100 9.245
201802 8.483 99.500 9.114
201805 10.579 99.300 11.389
201808 10.677 99.800 11.437
201811 31.360 100.000 33.524
201902 9.625 99.700 10.320
201905 10.880 100.000 11.631
201908 10.120 100.000 10.818
201911 10.670 100.500 11.349
202002 12.760 100.300 13.600
202005 5.517 100.100 5.892
202008 4.877 100.100 5.208
202011 10.000 99.500 10.744
202102 10.465 99.800 11.210
202105 14.890 99.400 16.013
202108 8.240 99.700 8.835
202111 13.430 100.100 14.342
202202 10.272 100.700 10.904
202205 14.800 101.800 15.541
202208 15.240 102.700 15.863
202211 13.200 103.900 13.581
202302 12.834 104.000 13.192
202305 16.670 105.100 16.955
202308 17.747 105.900 17.915
202311 15.980 106.900 15.980
202402 16.427 106.900 16.427

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.


Mani  (TSE:7730) 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.


Mani Shiller PE Ratio Related Terms

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


Mani (TSE:7730) Business Description

Traded in Other Exchanges
N/A
Address
8-3 Kogyodanchi, Tochigi, JPN
Mani, Inc. manufactures medical devices and dental instruments. It sells products in four categories: surgical instruments, ophthalmic instruments, suture needles, and dental instruments. Mani's surgical products include instruments such as staplers, vessel knives, and bone saws. Its ophthalmic instruments include a range of knives used during eye surgery and ophthalmic sutures. Mani's suture needles business includes a variety of taper point and cutting eyeless needles, which require suture attachment and sterilization by the customer, as well as stainless-steel eyed needles. The firm's dental instruments include endodontic instruments and accessories, root canal equipment, and finishing and polishing instruments.

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