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Kobe Steel (NGO:5406) Shiller PE Ratio : 22.36 (As of May. 12, 2024)


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What is Kobe Steel Shiller PE Ratio?

As of today (2024-05-12), Kobe Steel's current share price is 円2022.50. Kobe Steel's E10 for the quarter that ended in Dec. 2023 was 円90.47. Kobe Steel's Shiller PE Ratio for today is 22.36.

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

NGO:5406' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.53   Med: 15.84   Max: 34.87
Current: 21.08

During the past years, Kobe Steel's highest Shiller PE Ratio was 34.87. The lowest was 3.53. And the median was 15.84.

NGO:5406's Shiller PE Ratio is ranked worse than
59.19% of 397 companies
in the Steel industry
Industry Median: 16.09 vs NGO:5406: 21.08

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.

Kobe Steel's adjusted earnings per share data for the three months ended in Dec. 2023 was 円74.385. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円90.47 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kobe Steel Shiller PE Ratio Historical Data

The historical data trend for Kobe Steel'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.

Kobe Steel Shiller PE Ratio Chart

Kobe Steel 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 6.90 20.74 10.27 11.98 -

Kobe Steel 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 11.98 14.99 20.87 19.40 -

Competitive Comparison of Kobe Steel's Shiller PE Ratio

For the Steel subindustry, Kobe Steel'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.


Kobe Steel's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kobe Steel's Shiller PE Ratio distribution charts can be found below:

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



Kobe Steel 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.

Kobe Steel's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2022.50/90.47
=22.36

* 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.

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

For example, Kobe Steel'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)
=74.385/106.8000*106.8000
=74.385

Current CPI (Dec. 2023) = 106.8000.

Kobe Steel Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 13.600 95.700 15.177
201406 63.100 98.000 68.766
201409 52.700 98.500 57.141
201412 60.500 97.900 66.000
201503 61.700 97.900 67.309
201506 32.600 98.400 35.383
201509 4.258 98.500 4.617
201512 -75.140 98.100 -81.804
201603 -21.200 97.900 -23.127
201606 -5.680 98.100 -6.184
201609 16.990 98.000 18.516
201612 -114.142 98.400 -123.886
201703 37.000 98.100 40.281
201706 69.030 98.500 74.847
201709 39.699 98.800 42.913
201712 45.363 99.400 48.740
201803 20.330 99.200 21.888
201806 34.940 99.200 37.617
201809 57.250 99.900 61.204
201812 32.110 99.700 34.397
201903 -25.100 99.700 -26.887
201906 -3.180 99.800 -3.403
201909 -14.148 100.100 -15.095
201912 37.220 100.500 39.553
202003 -207.450 100.300 -220.894
202006 -36.300 99.900 -38.807
202009 -5.630 99.900 -6.019
202012 52.440 99.300 56.401
202103 53.540 99.900 57.238
202106 52.160 99.500 55.987
202109 43.000 100.100 45.878
202112 49.608 100.100 52.928
202203 13.660 101.100 14.430
202206 53.320 101.800 55.939
202209 17.640 103.100 18.273
202212 49.390 104.100 50.671
202303 63.447 104.400 64.906
202306 64.440 105.200 65.420
202309 139.000 106.200 139.785
202312 74.385 106.800 74.385

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.


Kobe Steel  (NGO:5406) 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.


Kobe Steel Shiller PE Ratio Related Terms

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


Kobe Steel (NGO:5406) Business Description

Traded in Other Exchanges
Address
2-4, Wakinohama-Kaigandori 2-chome, Chuo-ku, Kobe, Hyogo, JPN, 651-8585
Kobe Steel Ltd is a Japan-based company that is primarily engaged in iron and steel, aluminum and copper, construction machinery, nonconstruction machinery, and engineering businesses. Its iron and steel business involves production of steel products, steel casting and forging, and manufacturing of titanium and steel powder. Its aluminum and copper segment manufactures aluminum and copper products. Its construction machinery segment develops and manufactures construction equipment. The nonconstruction machinery segment offers industrial machinery, compressors and equipment for the nuclear and other energy industries. The engineering segment provides solutions to plants, power stations, and water treatment companies. Japan and China account for the majority of the company's revenue.

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