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TEAC (TSE:6803) Shiller PE Ratio : 140.00 (As of Apr. 29, 2024)


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What is TEAC Shiller PE Ratio?

As of today (2024-04-29), TEAC's current share price is 円98.00. TEAC's E10 for the quarter that ended in Dec. 2023 was 円0.70. TEAC's Shiller PE Ratio for today is 140.00.

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

TSE:6803' s Shiller PE Ratio Range Over the Past 10 Years
Min: 134.29   Med: 140   Max: 145.71
Current: 139.36

During the past years, TEAC's highest Shiller PE Ratio was 145.71. The lowest was 134.29. And the median was 140.00.

TSE:6803's Shiller PE Ratio is ranked worse than
94.13% of 1362 companies
in the Hardware industry
Industry Median: 23.16 vs TSE:6803: 139.36

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.

TEAC's adjusted earnings per share data for the three months ended in Dec. 2023 was 円6.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円0.70 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


TEAC Shiller PE Ratio Historical Data

The historical data trend for TEAC'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.

TEAC Shiller PE Ratio Chart

TEAC Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
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TEAC 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 - - - - 132.25

Competitive Comparison of TEAC's Shiller PE Ratio

For the Computer Hardware subindustry, TEAC'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.


TEAC's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TEAC's Shiller PE Ratio distribution charts can be found below:

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



TEAC 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.

TEAC's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=98.00/0.7
=140.00

* 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.

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

For example, TEAC'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)
=6.28/106.8000*106.8000
=6.280

Current CPI (Dec. 2023) = 106.8000.

TEAC Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 40.600 95.700 45.309
201406 -21.100 98.000 -22.995
201409 -15.800 98.500 -17.131
201412 -0.500 97.900 -0.545
201503 -27.519 97.900 -30.021
201506 -14.500 98.400 -15.738
201509 -8.100 98.500 -8.783
201512 1.800 98.100 1.960
201603 13.900 97.900 15.164
201606 -16.700 98.100 -18.181
201609 2.100 98.000 2.289
201612 -14.400 98.400 -15.629
201703 27.175 98.100 29.585
201706 -24.200 98.500 -26.239
201709 8.430 98.800 9.113
201712 1.750 99.400 1.880
201803 22.630 99.200 24.364
201806 -10.160 99.200 -10.938
201809 -5.140 99.900 -5.495
201812 3.680 99.700 3.942
201903 13.390 99.700 14.344
201906 -9.060 99.800 -9.695
201909 2.640 100.100 2.817
201912 -0.990 100.500 -1.052
202003 8.350 100.300 8.891
202006 -8.900 99.900 -9.515
202009 5.180 99.900 5.538
202012 16.880 99.300 18.155
202103 -2.710 99.900 -2.897
202106 -6.060 99.500 -6.505
202109 7.300 100.100 7.789
202112 6.510 100.100 6.946
202203 5.850 101.100 6.180
202206 -3.780 101.800 -3.966
202209 4.870 103.100 5.045
202212 5.220 104.100 5.355
202303 4.300 104.400 4.399
202306 -13.870 105.200 -14.081
202309 1.090 106.200 1.096
202312 6.280 106.800 6.280

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.


TEAC  (TSE:6803) 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.


TEAC Shiller PE Ratio Related Terms

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


TEAC (TSE:6803) Business Description

Traded in Other Exchanges
N/A
Address
47 Ochiai 1-chome, Tama-shi, Tokyo, JPN, 206-8530
TEAC Corp is a Japanese based electronic company. It is engaged in manufacturing and sale of audio and information equipment. It operates in two business divisions including Audio products business and Information products business. Its Audio products business offers high-end audio products, general audio products, audio equipment for, music production and professional audio products. Information products business offers recording and reproducing equipment for aircraft, medical image recording and reproducing products, supporting systems for individual nursing care, measurement products (transducers, data recorders), and optical drives for the industrial market.

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