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ORIX (TSE:8591) Shiller PE Ratio : 13.77 (As of Apr. 24, 2024)


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What is ORIX Shiller PE Ratio?

As of today (2024-04-24), ORIX's current share price is 円3243.00. ORIX's E10 for the quarter that ended in Dec. 2023 was 円235.44. ORIX's Shiller PE Ratio for today is 13.77.

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

TSE:8591' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.59   Med: 12.55   Max: 17.91
Current: 13.58

During the past years, ORIX's highest Shiller PE Ratio was 17.91. The lowest was 6.59. And the median was 12.55.

TSE:8591's Shiller PE Ratio is ranked better than
52.27% of 44 companies
in the Diversified Financial Services industry
Industry Median: 14.575 vs TSE:8591: 13.58

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.

ORIX's adjusted earnings per share data for the three months ended in Dec. 2023 was 円78.780. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円235.44 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ORIX Shiller PE Ratio Historical Data

The historical data trend for ORIX'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.

ORIX Shiller PE Ratio Chart

ORIX 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 10.66 7.63 10.38 12.16 9.82

ORIX 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 9.74 9.82 11.62 12.17 11.28

Competitive Comparison of ORIX's Shiller PE Ratio

For the Financial Conglomerates subindustry, ORIX'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.


ORIX's Shiller PE Ratio Distribution in the Diversified Financial Services Industry

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

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



ORIX 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.

ORIX's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3243.00/235.44
=13.77

* 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.

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

For example, ORIX'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)
=78.78/106.8000*106.8000
=78.780

Current CPI (Dec. 2023) = 106.8000.

ORIX Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 52.510 95.700 58.601
201406 50.280 98.000 54.795
201409 57.450 98.500 62.291
201412 33.670 97.900 36.731
201503 37.810 97.900 41.247
201506 62.220 98.400 67.531
201509 60.890 98.500 66.021
201512 41.250 98.100 44.908
201603 34.170 97.900 37.276
201606 58.580 98.100 63.775
201609 49.890 98.000 54.370
201612 57.260 98.400 62.148
201703 42.940 98.100 46.748
201706 69.760 98.500 75.638
201709 59.550 98.800 64.372
201712 70.600 99.400 75.856
201803 44.290 99.200 47.683
201806 62.410 99.200 67.191
201809 58.620 99.900 62.669
201812 63.350 99.700 67.861
201903 68.320 99.700 73.185
201906 54.020 99.800 57.809
201909 70.210 100.100 74.909
201912 66.580 100.500 70.754
202003 46.350 100.300 49.354
202006 40.050 99.900 42.816
202009 35.120 99.900 37.546
202012 38.970 99.300 41.913
202103 41.220 99.900 44.067
202106 53.610 99.500 57.543
202109 67.430 100.100 71.943
202112 53.940 100.100 57.550
202203 84.090 101.100 88.831
202206 51.900 101.800 54.449
202209 50.930 103.100 52.758
202212 76.200 104.100 78.176
202303 52.180 104.400 53.380
202306 53.800 105.200 54.618
202309 55.960 106.200 56.276
202312 78.780 106.800 78.780

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.


ORIX  (TSE:8591) 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.


ORIX Shiller PE Ratio Related Terms

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


ORIX (TSE:8591) Business Description

Traded in Other Exchanges
Address
2-4-1 Hamamatsu-cho, World Trade Center Building, South Tower, Minato-ku, Tokyo, JPN, 105-5135
ORIX Corp is a diversified financial services company with operations in Corporate Financial Services, Maintenance Leasing, Real Estate, PE Investment and Concession, Environment and Energy, Insurance, Banking and Credit, Aircraft and Ships, ORIX USA, ORIX Europe, Asia and Australia and engages in various other fee businesses by providing products and services aligned with customer needs to its core customer base of domestic small and medium-sized enterprises. Orix's numerous divisions finance leases of large-ticket items like ships, airplanes, and technology equipment.

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