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Daikin Industries (TSE:6367) Shiller PE Ratio : 32.30 (As of Apr. 27, 2024)


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What is Daikin Industries Shiller PE Ratio?

As of today (2024-04-27), Daikin Industries's current share price is 円21160.00. Daikin Industries's E10 for the quarter that ended in Dec. 2023 was 円655.12. Daikin Industries's Shiller PE Ratio for today is 32.30.

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

TSE:6367' s Shiller PE Ratio Range Over the Past 10 Years
Min: 26.26   Med: 38.86   Max: 62.12
Current: 29.33

During the past years, Daikin Industries's highest Shiller PE Ratio was 62.12. The lowest was 26.26. And the median was 38.86.

TSE:6367's Shiller PE Ratio is ranked worse than
76.48% of 978 companies
in the Construction industry
Industry Median: 15.75 vs TSE:6367: 29.33

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.

Daikin Industries's adjusted earnings per share data for the three months ended in Dec. 2023 was 円139.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円655.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daikin Industries Shiller PE Ratio Historical Data

The historical data trend for Daikin Industries'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.

Daikin Industries Shiller PE Ratio Chart

Daikin Industries 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 36.99 32.59 49.73 43.58 39.20

Daikin Industries 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 33.99 39.20 46.83 36.47 35.09

Competitive Comparison of Daikin Industries's Shiller PE Ratio

For the Building Products & Equipment subindustry, Daikin Industries'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.


Daikin Industries's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Daikin Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Daikin Industries's Shiller PE Ratio falls into.



Daikin Industries 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.

Daikin Industries's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=21160.00/655.12
=32.30

* 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.

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

For example, Daikin Industries'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)
=139.43/106.8000*106.8000
=139.430

Current CPI (Dec. 2023) = 106.8000.

Daikin Industries Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 59.950 95.700 66.903
201406 122.100 98.000 133.064
201409 137.090 98.500 148.642
201412 62.610 97.900 68.302
201503 88.150 97.900 96.164
201506 127.230 98.400 138.091
201509 147.070 98.500 159.463
201512 91.190 98.100 99.277
201603 103.350 97.900 112.745
201606 168.140 98.100 183.051
201609 161.680 98.000 176.198
201612 98.960 98.400 107.408
201703 97.650 98.100 106.310
201706 174.300 98.500 188.987
201709 172.600 98.800 186.576
201712 179.190 99.400 192.530
201803 119.990 99.200 129.183
201806 203.760 99.200 219.371
201809 181.720 99.900 194.271
201812 126.680 99.700 135.701
201903 133.790 99.700 143.318
201906 215.600 99.800 230.722
201909 189.260 100.100 201.928
201912 100.800 100.500 107.119
202003 77.560 100.300 82.586
202006 113.080 99.900 120.890
202009 175.910 99.900 188.060
202012 150.720 99.300 162.104
202103 93.950 99.900 100.439
202106 268.540 99.500 288.242
202109 206.490 100.100 220.311
202112 135.300 100.100 144.356
202203 133.130 101.100 140.636
202206 240.920 101.800 252.753
202209 293.080 103.100 303.598
202212 179.440 104.100 184.094
202303 166.610 104.400 170.440
202306 274.010 105.200 278.177
202309 248.330 106.200 249.733
202312 139.430 106.800 139.430

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.


Daikin Industries  (TSE:6367) 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.


Daikin Industries Shiller PE Ratio Related Terms

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Daikin Industries (TSE:6367) Business Description

Address
Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, JPN, 530-8323
Daikin Industries is one of the world's largest heating, ventilating and air conditioning, or HVAC, companies. North America, Japan, China, and Europe are Daikin's four biggest markets, accounting for 24.1%, 23.7%, 16.7%, and 14.5% of fiscal 2018 revenue, respectively. Air conditioning accounted for around 90% of revenue and operating profit, while chemicals and others made up the balance.

Daikin Industries (TSE:6367) Headlines

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