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IHI (TSE:7013) Shiller PE Ratio : 54.28 (As of Apr. 25, 2024)


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What is IHI Shiller PE Ratio?

As of today (2024-04-25), IHI's current share price is 円3539.00. IHI's E10 for the quarter that ended in Dec. 2023 was 円65.20. IHI's Shiller PE Ratio for today is 54.28.

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

TSE:7013' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.94   Med: 23.22   Max: 62.58
Current: 57.85

During the past years, IHI's highest Shiller PE Ratio was 62.58. The lowest was 7.94. And the median was 23.22.

TSE:7013's Shiller PE Ratio is ranked worse than
81.99% of 1710 companies
in the Industrial Products industry
Industry Median: 24.85 vs TSE:7013: 57.85

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.

IHI's adjusted earnings per share data for the three months ended in Dec. 2023 was 円184.780. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円65.20 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


IHI Shiller PE Ratio Historical Data

The historical data trend for IHI'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.

IHI Shiller PE Ratio Chart

IHI 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 19.30 9.60 18.96 20.05 21.12

IHI 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 24.61 21.12 25.00 52.44 42.35

Competitive Comparison of IHI's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, IHI'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.


IHI's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, IHI's Shiller PE Ratio distribution charts can be found below:

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



IHI 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.

IHI's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3539.00/65.2
=54.28

* 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.

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

For example, IHI'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)
=184.78/106.8000*106.8000
=184.780

Current CPI (Dec. 2023) = 106.8000.

IHI Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 10.800 95.700 12.053
201406 42.300 98.000 46.098
201409 93.400 98.500 101.270
201412 38.500 97.900 42.000
201503 -115.400 97.900 -125.891
201506 -0.300 98.400 -0.326
201509 -25.002 98.500 -27.109
201512 -196.811 98.100 -214.265
201603 231.960 97.900 253.047
201606 5.500 98.100 5.988
201609 -39.540 98.000 -43.091
201612 -25.363 98.400 -27.528
201703 93.373 98.100 101.654
201706 75.820 98.500 82.209
201709 -31.310 98.800 -33.845
201712 19.160 99.400 20.586
201803 -10.040 99.200 -10.809
201806 39.770 99.200 42.817
201809 144.320 99.900 154.288
201812 37.250 99.700 39.903
201903 37.030 99.700 39.667
201906 -17.910 99.800 -19.166
201909 -13.656 100.100 -14.570
201912 20.110 100.500 21.371
202003 65.380 100.300 69.617
202006 -41.490 99.900 -44.356
202009 -24.310 99.900 -25.989
202012 -2.250 99.300 -2.420
202103 156.200 99.900 166.989
202106 95.460 99.500 102.464
202109 6.620 100.100 7.063
202112 82.380 100.100 87.894
202203 255.390 101.100 269.789
202206 56.150 101.800 58.908
202209 83.430 103.100 86.424
202212 39.180 104.100 40.196
202303 115.680 104.400 118.339
202306 36.960 105.200 37.522
202309 -946.250 106.200 -951.596
202312 184.780 106.800 184.780

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.


IHI  (TSE:7013) 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.


IHI Shiller PE Ratio Related Terms

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


IHI (TSE:7013) Business Description

Traded in Other Exchanges
Address
1-1, Toyosu 3-chome, Koto-ku, Tokyo, JPN, 135-8710
IHI Corp produces power systems and plants, large steel structures, marine machinery, aerospace engines, and other industrial solutions. The global company attempts to develop innovative solutions and engineering capabilities for multiple projects and maintenance platforms. Its products cover a wide range of functions, including energy supply and distribution, urban development, enhancing manufacturing processes, and utilizing technologies for air travel. Revenues are roughly split between the company's four business areas: resources, energy, and environment; social infrastructure and offshore facilities; industrial systems and general-purpose machinery; and aero engine, space, and defense. Asia accounts for the majority of total sales, with China and Japan being key regions.

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