GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Nipro Corp (TSE:8086) » Definitions » Shiller PE Ratio

Nipro (TSE:8086) Shiller PE Ratio : 21.12 (As of May. 11, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Nipro Shiller PE Ratio?

As of today (2024-05-11), Nipro's current share price is 円1232.00. Nipro's E10 for the quarter that ended in Dec. 2023 was 円58.33. Nipro's Shiller PE Ratio for today is 21.12.

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

TSE:8086' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.55   Med: 22.05   Max: 66.72
Current: 21.12

During the past years, Nipro's highest Shiller PE Ratio was 66.72. The lowest was 16.55. And the median was 22.05.

TSE:8086's Shiller PE Ratio is ranked better than
60.99% of 282 companies
in the Medical Devices & Instruments industry
Industry Median: 27.56 vs TSE:8086: 21.12

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.

Nipro's adjusted earnings per share data for the three months ended in Dec. 2023 was 円14.660. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円58.33 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nipro Shiller PE Ratio Historical Data

The historical data trend for Nipro'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.

Nipro Shiller PE Ratio Chart

Nipro 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 24.47 28.51 26.43 18.45 19.16

Nipro 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 19.02 19.16 18.75 20.87 18.98

Competitive Comparison of Nipro's Shiller PE Ratio

For the Medical Instruments & Supplies subindustry, Nipro'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.


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

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

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



Nipro 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.

Nipro's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1232.00/58.33
=21.12

* 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.

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

For example, Nipro'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)
=14.66/106.8000*106.8000
=14.660

Current CPI (Dec. 2023) = 106.8000.

Nipro Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -9.990 95.700 -11.149
201406 7.400 98.000 8.064
201409 27.960 98.500 30.316
201412 58.800 97.900 64.145
201503 -14.670 97.900 -16.004
201506 23.030 98.400 24.996
201509 10.260 98.500 11.125
201512 49.060 98.100 53.411
201603 33.865 97.900 36.944
201606 1.140 98.100 1.241
201609 14.540 98.000 15.846
201612 60.140 98.400 65.274
201703 -15.940 98.100 -17.354
201706 23.150 98.500 25.101
201709 22.030 98.800 23.814
201712 30.230 99.400 32.481
201803 -12.010 99.200 -12.930
201806 25.510 99.200 27.464
201809 16.070 99.900 17.180
201812 12.450 99.700 13.337
201903 12.720 99.700 13.626
201906 15.500 99.800 16.587
201909 17.170 100.100 18.319
201912 27.590 100.500 29.320
202003 -141.880 100.300 -151.075
202006 16.810 99.900 17.971
202009 13.570 99.900 14.507
202012 27.210 99.300 29.265
202103 23.490 99.900 25.112
202106 20.240 99.500 21.725
202109 24.540 100.100 26.183
202112 20.120 100.100 21.467
202203 12.650 101.100 13.363
202206 28.660 101.800 30.068
202209 5.310 103.100 5.501
202212 3.850 104.100 3.950
202303 -14.640 104.400 -14.977
202306 22.270 105.200 22.609
202309 31.680 106.200 31.859
202312 14.660 106.800 14.660

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.


Nipro  (TSE:8086) 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.


Nipro Shiller PE Ratio Related Terms

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


Nipro (TSE:8086) Business Description

Traded in Other Exchanges
Address
3-9-3 Honjo-Nishi Kita-ku, Osaka, JPN, 531-8510
Nipro Corp develops medical devices, most of which are related to dialysis and artificial organs. The firm operates in four segments: medical, pharmaceutical, glass, and other. The medical segment contributes the majority of revenue. It sells products related to injections, infusions, artificial organs, and cell cultures, as well as medical equipment for renal treatment, diabetes, and generic drugs. Renal products contribute the largest proportion of sales within the medical segment. The pharmaceutical segment manufactures pharmaceuticals, including oral drugs and injectables, which are supplied to pharmaceutical companies in Japan. The glass business sells glass products used for medical applications, such as vials and syringes. Nipro generates the majority of its revenue in Japan.

Nipro (TSE:8086) Headlines

No Headlines