GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Kirin Holdings Co Ltd (TSE:2503) » Definitions » Shiller PE Ratio
中文

Kirin Holdings Co (TSE:2503) Shiller PE Ratio : 19.50 (As of Apr. 24, 2024)


View and export this data going back to 1949. Start your Free Trial

Kirin Holdings Co Shiller PE Ratio Definition

As of today (2024-04-24), Kirin Holdings Co's current share price is 円2274.00. Kirin Holdings Co's E10 for the quarter that ended in Dec. 2023 was 円116.62. Kirin Holdings Co's Shiller PE Ratio for today is 19.50.

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

TSE:2503' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.37   Med: 26.12   Max: 40.21
Current: 19

During the past years, Kirin Holdings Co's highest Shiller PE Ratio was 40.21. The lowest was 17.37. And the median was 26.12.

TSE:2503's Shiller PE Ratio is ranked better than
60.61% of 132 companies
in the Beverages - Alcoholic industry
Industry Median: 23.325 vs TSE:2503: 19.00

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.

Kirin Holdings Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円35.540. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円116.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kirin Holdings Co Shiller PE Ratio Historical Data

The historical data trend for Kirin Holdings 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.

Kirin Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.08 26.63 18.74 18.30 17.72

Kirin Holdings Co 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 18.30 20.03 19.44 18.58 17.72

Competitive Comparison

For the Beverages - Brewers subindustry, Kirin Holdings 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.


Kirin Holdings Co Shiller PE Ratio Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Kirin Holdings Co's Shiller PE Ratio distribution charts can be found below:

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



Kirin Holdings 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.

Kirin Holdings Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2274.00/116.62
=19.50

* 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.

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

For example, Kirin Holdings 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)
=35.54/106.8000*106.8000
=35.540

Current CPI (Dec. 2023) = 106.8000.

Kirin Holdings Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 11.900 95.700 13.280
201406 3.200 98.000 3.487
201409 8.740 98.500 9.476
201412 11.340 97.900 12.371
201503 14.660 97.900 15.993
201506 21.640 98.400 23.487
201509 23.920 98.500 25.936
201512 -112.100 98.100 -122.042
201603 11.410 97.900 12.447
201606 25.650 98.100 27.925
201609 45.230 98.000 49.291
201612 80.880 98.400 87.784
201703 24.530 98.100 26.705
201706 161.510 98.500 175.119
201709 51.930 98.800 56.135
201712 27.170 99.400 29.193
201803 54.850 99.200 59.052
201806 40.280 99.200 43.366
201809 48.030 99.900 51.347
201812 40.310 99.700 43.181
201903 -38.630 99.700 -41.381
201906 38.070 99.800 40.740
201909 38.270 100.100 40.832
201912 30.260 100.500 32.157
202003 23.670 100.300 25.204
202006 15.580 99.900 16.656
202009 46.090 99.900 49.273
202012 0.450 99.300 0.484
202103 20.350 99.900 21.756
202106 8.130 99.500 8.726
202109 33.440 100.100 35.678
202112 9.790 100.100 10.445
202203 20.860 101.100 22.036
202206 45.780 101.800 48.029
202209 90.510 103.100 93.758
202212 -21.290 104.100 -21.842
202303 6.900 104.400 7.059
202306 32.590 105.200 33.086
202309 64.100 106.200 64.462
202312 35.540 106.800 35.540

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.


Kirin Holdings Co  (TSE:2503) 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.


Kirin Holdings Co Shiller PE Ratio Related Terms

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


Kirin Holdings Co (TSE:2503) Business Description

Traded in Other Exchanges
Address
Nakano Central Park South, 10-2, Nakano 4-chome, Nakano-ku, Tokyo, JPN, 164-0001
Kirin is the second largest brewer by value in Japan, with an estimated 35.7% volume share in beer and beer-like category as of 2022. It holds a top share in happoshu (low-malt beer) and new genre (no-malt beer) categories. Apart from beer, it also operates a wide range of acholic and soft beverage products in Japan. It made several acquisitions including Lion Nathan and National Foods in Oceania, the Brazilian brewer Schincariol, and Myanmar Brewery, but has divested most of the acquired businesses except Lion. It has shifted focus back to the domestic brewery after a painful exit from Brazil in 2017 and identified craft beer and wellness as new growth drivers. Overseas business represents about 40% of group's sales. It also owns a 48.6% stake in the largest Filipino brewer San Miguel.

Kirin Holdings Co (TSE:2503) Headlines

No Headlines