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Nomura Holdings (Nomura Holdings) Shiller PE Ratio

: 16.36 (As of Today)
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As of today (2024-04-24), Nomura Holdings's current share price is $5.89. Nomura Holdings's E10 for the quarter that ended in Dec. 2023 was $0.36. Nomura Holdings's Shiller PE Ratio for today is 16.36.

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

NMR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.14   Med: 12.84   Max: 702.64
Current: 17.76

During the past years, Nomura Holdings's highest Shiller PE Ratio was 702.64. The lowest was 9.14. And the median was 12.84.

NMR's Shiller PE Ratio is ranked better than
53.98% of 465 companies
in the Capital Markets industry
Industry Median: 19.58 vs NMR: 17.76

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.

Nomura Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.112. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.36 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nomura Holdings Shiller PE Ratio Historical Data

The historical data trend for Nomura Holdings'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.

Nomura Holdings 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 11.11 11.25 13.07 10.46 10.05

Nomura Holdings 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 9.26 10.05 10.96 11.88 12.53

Competitive Comparison

For the Capital Markets subindustry, Nomura Holdings'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.


Nomura Holdings Shiller PE Ratio Distribution

For the Capital Markets industry and Financial Services sector, Nomura Holdings's Shiller PE Ratio distribution charts can be found below:

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



Nomura Holdings 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.

Nomura Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.89/0.36
=16.36

* 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.

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

For example, Nomura Holdings'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)
=0.112/106.8000*106.8000
=0.112

Current CPI (Dec. 2023) = 106.8000.

Nomura Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.156 95.700 0.174
201406 0.052 98.000 0.057
201409 0.132 98.500 0.143
201412 0.157 97.900 0.171
201503 0.183 97.900 0.200
201506 0.151 98.400 0.164
201509 0.105 98.500 0.114
201512 0.079 98.100 0.086
201603 -0.047 97.900 -0.051
201606 0.121 98.100 0.132
201609 0.164 98.000 0.179
201612 0.168 98.400 0.182
201703 0.150 98.100 0.163
201706 0.142 98.500 0.154
201709 0.130 98.800 0.141
201712 0.222 99.400 0.239
201803 0.064 99.200 0.069
201806 0.014 99.200 0.015
201809 0.368 99.900 0.393
201812 -0.254 99.700 -0.272
201903 0.001 99.700 0.001
201906 0.152 99.800 0.163
201909 0.383 100.100 0.409
201912 0.162 100.500 0.172
202003 -0.105 100.300 -0.112
202006 0.424 99.900 0.453
202009 0.204 99.900 0.218
202012 0.300 99.300 0.323
202103 -0.467 99.900 -0.499
202106 0.142 99.500 0.152
202109 0.009 100.100 0.010
202112 0.168 100.100 0.179
202203 0.083 101.100 0.088
202206 0.004 101.800 0.004
202209 0.038 103.100 0.039
202212 0.159 104.100 0.163
202303 0.017 104.400 0.017
202306 0.052 105.200 0.053
202309 0.076 106.200 0.076
202312 0.112 106.800 0.112

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.


Nomura Holdings  (NYSE:NMR) 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.


Nomura Holdings Shiller PE Ratio Related Terms

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Nomura Holdings (Nomura Holdings) Business Description

Address
13-1, Nihonbashi 1-chome, Chuo-Ku, Tokyo, JPN, 103-8645
Nomura is Japan's largest broker, about twice the size of rival Daiwa Securities and roughly three times the size of the securities units of the three megabanks. It is also the largest asset-management company in Japan, with a similar size differential compared with its rivals. Despite its topnotch brand name in retail broking and asset management in Japan, Nomura has struggled to compete effectively in the institutional securities business against larger global rivals. In 2008, Nomura bought European and Asian assets of the failed Lehman Brothers, which led to a sharply higher cost base but did not provide commensurate revenue. Nomura has reduced the scale of these businesses but maintains its ambition to compete globally with the top players.

Nomura Holdings (Nomura Holdings) Headlines