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Shin-Etsu Chemical Co (TSE:4063) Shiller PE Ratio : 38.94 (As of Apr. 24, 2024)


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What is Shin-Etsu Chemical Co Shiller PE Ratio?

As of today (2024-04-24), Shin-Etsu Chemical Co's current share price is 円6482.00. Shin-Etsu Chemical Co's E10 for the quarter that ended in Dec. 2023 was 円166.45. Shin-Etsu Chemical Co's Shiller PE Ratio for today is 38.94.

The historical rank and industry rank for Shin-Etsu Chemical Co's Shiller PE Ratio or its related term are showing as below:

TSE:4063' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.11   Med: 28.09   Max: 44
Current: 36.82

During the past years, Shin-Etsu Chemical Co's highest Shiller PE Ratio was 44.00. The lowest was 10.11. And the median was 28.09.

TSE:4063's Shiller PE Ratio is ranked worse than
76.34% of 1023 companies
in the Chemicals industry
Industry Median: 18.53 vs TSE:4063: 36.82

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.

Shin-Etsu Chemical Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円52.710. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円166.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shin-Etsu Chemical Co Shiller PE Ratio Historical Data

The historical data trend for Shin-Etsu Chemical 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.

Shin-Etsu Chemical Co Shiller PE Ratio Chart

Shin-Etsu Chemical Co 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 25.20 25.23 39.64 32.90 28.97

Shin-Etsu Chemical 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 22.87 28.97 30.84 26.85 35.55

Competitive Comparison of Shin-Etsu Chemical Co's Shiller PE Ratio

For the Chemicals subindustry, Shin-Etsu Chemical 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.


Shin-Etsu Chemical Co's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shin-Etsu Chemical Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shin-Etsu Chemical Co's Shiller PE Ratio falls into.



Shin-Etsu Chemical 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.

Shin-Etsu Chemical Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6482.00/166.45
=38.94

* 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.

Shin-Etsu Chemical Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Shin-Etsu Chemical 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)
=52.71/106.8000*106.8000
=52.710

Current CPI (Dec. 2023) = 106.8000.

Shin-Etsu Chemical Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 9.906 95.700 11.055
201406 15.462 98.000 16.850
201409 16.284 98.500 17.656
201412 15.234 97.900 16.619
201503 13.420 97.900 14.640
201506 17.668 98.400 19.176
201509 18.314 98.500 19.857
201512 18.680 98.100 20.337
201603 15.222 97.900 16.606
201606 21.272 98.100 23.159
201609 19.778 98.000 21.554
201612 22.436 98.400 24.351
201703 19.080 98.100 20.772
201706 25.190 98.500 27.313
201709 26.730 98.800 28.894
201712 29.350 99.400 31.535
201803 43.550 99.200 46.886
201806 34.556 99.200 37.203
201809 39.888 99.900 42.643
201812 39.054 99.700 41.835
201903 31.686 99.700 33.942
201906 40.390 99.800 43.223
201909 38.964 100.100 41.572
201912 39.348 100.500 41.815
202003 32.300 100.300 34.393
202006 33.326 99.900 35.628
202009 34.144 99.900 36.502
202012 35.120 99.300 37.773
202103 38.662 99.900 41.332
202106 46.026 99.500 49.403
202109 60.212 100.100 64.242
202112 63.598 100.100 67.855
202203 70.714 101.100 74.701
202206 89.200 101.800 93.581
202209 101.880 103.100 105.536
202212 92.060 104.100 94.448
202303 64.295 104.400 65.773
202306 76.060 105.200 77.217
202309 73.460 106.200 73.875
202312 52.710 106.800 52.710

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.


Shin-Etsu Chemical Co  (TSE:4063) 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.


Shin-Etsu Chemical Co Shiller PE Ratio Related Terms

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Shin-Etsu Chemical Co (TSE:4063) Business Description

Traded in Other Exchanges
Address
6-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-0004
Shin-Etsu Chemical Co Ltd is a Japan-based company primarily engaged in chemical business. The company operates in six business segments namely Poly Vinyl Chloride, Specialty Chemicals, Silicon, Semiconductor Silicon, Electronic and Functional Materials and Diversified business. It derives majority of revenue through Poly Vinyl Chloride segment which manufactures and sells vinyl chloride, caustic soda products, chloromethane and methanol. The group is also involved in manufacturing and selling of various other chemical products such as Polyvinyl alcohol, Synthetic pheromones, Rare-earth magnets for electronics industry and general applications, Photoresists, Photomask blanks and others. Geographically, it operates from the market of Japan and its business is amplifying across the globe.

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