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TOC Co (TSE:8841) Shiller PE Ratio : 10.87 (As of Jun. 08, 2024)


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What is TOC Co Shiller PE Ratio?

As of today (2024-06-08), TOC Co's current share price is 円692.00. TOC Co's E10 for the quarter that ended in Dec. 2023 was 円63.66. TOC Co's Shiller PE Ratio for today is 10.87.

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

TSE:8841' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.84   Med: 13.22   Max: 33.92
Current: 10.82

During the past years, TOC Co's highest Shiller PE Ratio was 33.92. The lowest was 8.84. And the median was 13.22.

TSE:8841's Shiller PE Ratio is ranked better than
50.37% of 1074 companies
in the Real Estate industry
Industry Median: 10.955 vs TSE:8841: 10.82

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.

TOC Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円5.438. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円63.66 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


TOC Co Shiller PE Ratio Historical Data

The historical data trend for TOC 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.

TOC Co Shiller PE Ratio Chart

TOC Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.53 14.79 12.06 10.99 -

TOC Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.99 10.84 10.09 10.97 -

Competitive Comparison of TOC Co's Shiller PE Ratio

For the Real Estate Services subindustry, TOC 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.


TOC Co's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, TOC Co's Shiller PE Ratio distribution charts can be found below:

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



TOC 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.

TOC Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=692.00/63.66
=10.87

* 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.

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

For example, TOC 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)
=5.438/106.8000*106.8000
=5.438

Current CPI (Dec. 2023) = 106.8000.

TOC Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 6.540 95.700 7.299
201406 16.930 98.000 18.450
201409 5.520 98.500 5.985
201412 7.640 97.900 8.335
201503 6.119 97.900 6.675
201506 8.330 98.400 9.041
201509 7.716 98.500 8.366
201512 9.067 98.100 9.871
201603 9.050 97.900 9.873
201606 9.520 98.100 10.364
201609 9.076 98.000 9.891
201612 9.990 98.400 10.843
201703 8.120 98.100 8.840
201706 175.520 98.500 190.310
201709 7.850 98.800 8.486
201712 18.836 99.400 20.238
201803 10.506 99.200 11.311
201806 11.500 99.200 12.381
201809 10.780 99.900 11.525
201812 11.440 99.700 12.255
201903 10.620 99.700 11.376
201906 13.650 99.800 14.607
201909 11.450 100.100 12.216
201912 10.640 100.500 11.307
202003 10.676 100.300 11.368
202006 9.070 99.900 9.696
202009 11.240 99.900 12.016
202012 12.430 99.300 13.369
202103 10.460 99.900 11.182
202106 -0.190 99.500 -0.204
202109 10.310 100.100 11.000
202112 10.356 100.100 11.049
202203 12.208 101.100 12.896
202206 10.940 101.800 11.477
202209 10.610 103.100 10.991
202212 7.998 104.100 8.205
202303 4.720 104.400 4.829
202306 6.750 105.200 6.853
202309 56.240 106.200 56.558
202312 5.438 106.800 5.438

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.


TOC Co  (TSE:8841) 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.


TOC Co Shiller PE Ratio Related Terms

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


TOC Co (TSE:8841) Business Description

Traded in Other Exchanges
N/A
Address
7-22-17 Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-0031
TOC Co Ltd is a Japan-based company with three business segments: real estate, linen supply and laundry, and other. The real estate segment is engaged in planning, execution, and management of urban development projects. The linen supply and laundry segment is engaged in supplying various linens used in hotels and restaurants, and offering dry cleaning services. The other segment contains a pharmaceuticals business, operates a sports club and a bathing facility, includes retail and restaurant businesses, and engages in building maintenance services. The company generates most of its revenue from the real estate segment.

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