GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Pasona Group Inc (TSE:2168) » Definitions » Shiller PE Ratio

Pasona Group (TSE:2168) Shiller PE Ratio : 32.74 (As of Apr. 28, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Pasona Group Shiller PE Ratio?

As of today (2024-04-28), Pasona Group's current share price is 円2260.00. Pasona Group's E10 for the quarter that ended in Feb. 2024 was 円69.03. Pasona Group's Shiller PE Ratio for today is 32.74.

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

TSE:2168' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.19   Med: 67.57   Max: 216.53
Current: 32.74

During the past years, Pasona Group's highest Shiller PE Ratio was 216.53. The lowest was 19.19. And the median was 67.57.

TSE:2168's Shiller PE Ratio is ranked worse than
72.55% of 510 companies
in the Business Services industry
Industry Median: 19.145 vs TSE:2168: 32.74

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.

Pasona Group's adjusted earnings per share data for the three months ended in Feb. 2024 was 円-22.950. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円69.03 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pasona Group Shiller PE Ratio Historical Data

The historical data trend for Pasona Group'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.

Pasona Group Shiller PE Ratio Chart

Pasona Group Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 118.61 84.11 60.82 38.67 24.89

Pasona Group Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 28.80 24.89 23.19 32.83 41.55

Competitive Comparison of Pasona Group's Shiller PE Ratio

For the Staffing & Employment Services subindustry, Pasona Group'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.


Pasona Group's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Pasona Group's Shiller PE Ratio distribution charts can be found below:

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



Pasona Group 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.

Pasona Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2260.00/69.03
=32.74

* 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.

Pasona Group's E10 for the quarter that ended in Feb. 2024 is calculated as:

For example, Pasona Group's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-22.95/106.9000*106.9000
=-22.950

Current CPI (Feb. 2024) = 106.9000.

Pasona Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 13.720 98.100 14.951
201408 -6.860 98.300 -7.460
201411 2.660 97.900 2.905
201502 4.387 97.600 4.805
201505 5.610 98.700 6.076
201508 -8.790 98.400 -9.549
201511 -0.299 98.100 -0.326
201602 -3.240 97.800 -3.541
201605 18.915 98.200 20.591
201608 -14.660 97.900 -16.008
201611 -7.528 98.600 -8.162
201702 -2.680 98.100 -2.920
201705 21.328 98.600 23.123
201708 14.480 98.500 15.715
201711 -1.712 99.100 -1.847
201802 -7.499 99.500 -8.057
201805 27.975 99.300 30.116
201808 -0.190 99.800 -0.204
201811 16.314 100.000 17.440
201902 7.313 99.700 7.841
201905 27.048 100.000 28.914
201908 1.190 100.000 1.272
201911 8.846 100.500 9.409
202002 4.465 100.300 4.759
202005 0.665 100.100 0.710
202008 103.910 100.100 110.969
202011 5.440 99.500 5.845
202102 33.330 99.800 35.701
202105 30.680 99.400 32.995
202108 63.410 99.700 67.989
202111 59.220 100.100 63.243
202202 64.220 100.700 68.174
202205 33.340 101.800 35.010
202208 32.990 102.700 34.339
202211 36.670 103.900 37.729
202302 30.890 104.000 31.751
202305 54.670 105.100 55.606
202308 4.580 105.900 4.623
202311 -1.300 106.900 -1.300
202402 -22.950 106.900 -22.950

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.


Pasona Group  (TSE:2168) 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.


Pasona Group Shiller PE Ratio Related Terms

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


Pasona Group (TSE:2168) Business Description

Traded in Other Exchanges
Address
Otemachi 2-6-4, Chiyoda-ku, Tokyo, JPN, 100-8228
Pasona Group Inc provides human resource related support services. Its segments are Expert services, Insourcing, Others, Career solutions and outsourcing. The segments encompass human resource (HR) solutions, temporary staffing, contracting HR consulting, education and training, place and search, global overseas sourcing career placement, recruiting and outplacement, outsourcing, life solutions and public solutions. Expert services segment generates the majority of the revenues for the company.

Pasona Group (TSE:2168) Headlines

No Headlines