GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Mitsubishi Corp (FRA:MBI) » Definitions » Shiller PE Ratio

Mitsubishi (FRA:MBI) Shiller PE Ratio : 25.72 (As of Apr. 26, 2024)


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

What is Mitsubishi Shiller PE Ratio?

As of today (2024-04-26), Mitsubishi's current share price is €20.83. Mitsubishi's E10 for the quarter that ended in Dec. 2023 was €0.81. Mitsubishi's Shiller PE Ratio for today is 25.72.

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

FRA:MBI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.97   Med: 14.74   Max: 54.73
Current: 27.57

During the past years, Mitsubishi's highest Shiller PE Ratio was 54.73. The lowest was 8.97. And the median was 14.74.

FRA:MBI's Shiller PE Ratio is ranked worse than
73.67% of 338 companies
in the Conglomerates industry
Industry Median: 15.8 vs FRA:MBI: 27.57

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.

Mitsubishi's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.351. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Shiller PE Ratio Historical Data

The historical data trend for Mitsubishi'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.

Mitsubishi Shiller PE Ratio Chart

Mitsubishi 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 - - 13.55 16.91 13.94

Mitsubishi 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 13.10 13.94 19.43 19.55 18.00

Competitive Comparison of Mitsubishi's Shiller PE Ratio

For the Conglomerates subindustry, Mitsubishi'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.


Mitsubishi's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mitsubishi's Shiller PE Ratio distribution charts can be found below:

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



Mitsubishi 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.

Mitsubishi's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=20.83/0.81
=25.72

* 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.

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

For example, Mitsubishi'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)
=0.351/106.8000*106.8000
=0.351

Current CPI (Dec. 2023) = 106.8000.

Mitsubishi Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.038 95.700 0.042
201406 0.161 98.000 0.175
201409 0.215 98.500 0.233
201412 0.085 97.900 0.093
201503 0.134 97.900 0.146
201506 0.111 98.400 0.120
201509 0.124 98.500 0.134
201512 0.135 98.100 0.147
201603 -0.646 97.900 -0.705
201606 0.179 98.100 0.195
201609 0.145 98.000 0.158
201612 0.329 98.400 0.357
201703 0.119 98.100 0.130
201706 0.198 98.500 0.215
201709 0.216 98.800 0.233
201712 0.254 99.400 0.273
201803 0.231 99.200 0.249
201806 0.334 99.200 0.360
201809 0.168 99.900 0.180
201812 0.218 99.700 0.234
201903 0.248 99.700 0.266
201906 0.278 99.800 0.297
201909 0.147 100.100 0.157
201912 0.237 100.500 0.252
202003 0.300 100.300 0.319
202006 0.068 99.900 0.073
202009 0.091 99.900 0.097
202012 0.147 99.300 0.158
202103 0.006 99.900 0.006
202106 0.318 99.500 0.341
202109 0.300 100.100 0.320
202112 0.497 100.100 0.530
202203 0.486 101.100 0.513
202206 0.849 101.800 0.891
202209 0.298 103.100 0.309
202212 0.376 104.100 0.386
202303 0.362 104.400 0.370
202306 0.484 105.200 0.491
202309 0.222 106.200 0.223
202312 0.351 106.800 0.351

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.


Mitsubishi  (FRA:MBI) 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.


Mitsubishi Shiller PE Ratio Related Terms

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


Mitsubishi (FRA:MBI) Business Description

Address
Mitsubishi Shoji Building 3-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8086
Mitsubishi Corp is a conglomerate that operates businesses in various industries. Its operating segments include Natural Gas, Industrial materials, Petroleum & chemicals, Mineral resource, Industrial Infrastructure, Automotive, Food & Consumer Industry, Power Solution, and Urban Development.