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Aozora Bank (TSE:8304) Shiller PE Ratio : 8.92 (As of May. 01, 2024)


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What is Aozora Bank Shiller PE Ratio?

As of today (2024-05-01), Aozora Bank's current share price is 円2454.00. Aozora Bank's E10 for the quarter that ended in Dec. 2023 was 円275.25. Aozora Bank's Shiller PE Ratio for today is 8.92.

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

TSE:8304' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.37   Med: 8.47   Max: 39.77
Current: 8.99

During the past years, Aozora Bank's highest Shiller PE Ratio was 39.77. The lowest was 5.37. And the median was 8.47.

TSE:8304's Shiller PE Ratio is ranked better than
61.2% of 1134 companies
in the Banks industry
Industry Median: 10.23 vs TSE:8304: 8.99

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.

Aozora Bank's adjusted earnings per share data for the three months ended in Dec. 2023 was 円-229.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円275.25 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aozora Bank Shiller PE Ratio Historical Data

The historical data trend for Aozora Bank'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.

Aozora Bank Shiller PE Ratio Chart

Aozora Bank 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 9.36 6.59 8.02 8.08 7.75

Aozora Bank 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 8.06 7.75 8.68 9.99 11.13

Competitive Comparison of Aozora Bank's Shiller PE Ratio

For the Banks - Regional subindustry, Aozora Bank'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.


Aozora Bank's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Aozora Bank's Shiller PE Ratio distribution charts can be found below:

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



Aozora Bank 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.

Aozora Bank's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2454.00/275.25
=8.92

* 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.

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

For example, Aozora Bank'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)
=-229.03/106.8000*106.8000
=-229.030

Current CPI (Dec. 2023) = 106.8000.

Aozora Bank Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 66.700 95.700 74.436
201406 78.200 98.000 85.222
201409 94.100 98.500 102.029
201412 87.400 97.900 95.345
201503 78.000 97.900 85.091
201506 79.100 98.400 85.852
201509 102.200 98.500 110.812
201512 92.300 98.100 100.486
201603 72.000 97.900 78.545
201606 118.500 98.100 129.009
201609 103.060 98.000 112.314
201612 83.200 98.400 90.302
201703 70.940 98.100 77.231
201706 124.430 98.500 134.915
201709 74.140 98.800 80.143
201712 88.690 99.400 95.293
201803 81.630 99.200 87.884
201806 97.420 99.200 104.884
201809 85.670 99.900 91.587
201812 71.460 99.700 76.549
201903 54.870 99.700 58.777
201906 101.790 99.800 108.930
201909 71.580 100.100 76.371
201912 81.350 100.500 86.450
202003 -13.800 100.300 -14.694
202006 63.780 99.900 68.185
202009 65.670 99.900 70.206
202012 58.830 99.300 63.273
202103 59.620 99.900 63.738
202106 98.870 99.500 106.124
202109 67.360 100.100 71.869
202112 78.260 100.100 83.498
202203 54.890 101.100 57.985
202206 71.590 101.800 75.106
202209 59.980 103.100 62.133
202212 2.740 104.100 2.811
202303 -59.860 104.400 -61.236
202306 57.870 105.200 58.750
202309 45.090 106.200 45.345
202312 -229.030 106.800 -229.030

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.


Aozora Bank  (TSE:8304) 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.


Aozora Bank Shiller PE Ratio Related Terms

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


Aozora Bank (TSE:8304) Business Description

Traded in Other Exchanges
Address
3-1, Kudan-minami 1-chome, Chiyoda-ku, Tokyo, JPN, 102-8660
Aozora Bank Ltd is a full-service commercial bank with operations primarily in Japan. The bank's activities are divided into six areas of focus, including retail banking, corporate finance, financial institutions, specialty finance, international, and financial markets. Most of its retail banking activities are focused on asset management consulting activities to drive sales of investment products, primarily in investment trusts and structured notes. Corporate finance is mostly focused on providing solutions to small and medium-sized enterprises. Its specialty finance business is mostly focused on real estate and business recovery. Aozora's financial markets business mostly engages in derivatives along with asset and liability management.

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