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Toyota Industries (Toyota Industries) Shiller PE Ratio

: 23.58 (As of Today)
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As of today (2024-04-24), Toyota Industries's current share price is $93.625. Toyota Industries's E10 for the quarter that ended in Dec. 2023 was $3.97. Toyota Industries's Shiller PE Ratio for today is 23.58.

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

TYIDF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.19   Med: 19.33   Max: 28.48
Current: 24.3

During the past years, Toyota Industries's highest Shiller PE Ratio was 28.48. The lowest was 12.19. And the median was 19.33.

TYIDF's Shiller PE Ratio is ranked worse than
56.83% of 139 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 22.23 vs TYIDF: 24.30

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.

Toyota Industries's adjusted earnings per share data for the three months ended in Dec. 2023 was $2.058. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.97 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyota Industries Shiller PE Ratio Historical Data

The historical data trend for Toyota 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.

Toyota 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 17.23 13.63 24.24 18.81 14.44

Toyota 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 14.35 14.44 19.31 21.52 20.24

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Toyota 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.


Toyota Industries Shiller PE Ratio Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Toyota Industries's Shiller PE Ratio distribution charts can be found below:

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



Toyota 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.

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

Shiller PE Ratio=Share Price/ E10
=93.625/3.97
=23.58

* 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.

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

For example, Toyota 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)
=2.058/106.8000*106.8000
=2.058

Current CPI (Dec. 2023) = 106.8000.

Toyota Industries Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.475 95.700 0.530
201406 1.252 98.000 1.364
201409 0.617 98.500 0.669
201412 1.085 97.900 1.184
201503 0.361 97.900 0.394
201506 1.194 98.400 1.296
201509 0.572 98.500 0.620
201512 2.744 98.100 2.987
201603 0.604 97.900 0.659
201606 1.298 98.100 1.413
201609 0.681 98.000 0.742
201612 1.367 98.400 1.484
201703 0.497 98.100 0.541
201706 1.741 98.500 1.888
201709 0.609 98.800 0.658
201712 1.862 99.400 2.001
201803 0.669 99.200 0.720
201806 1.564 99.200 1.684
201809 0.603 99.900 0.645
201812 1.492 99.700 1.598
201903 0.764 99.700 0.818
201906 1.602 99.800 1.714
201909 0.855 100.100 0.912
201912 1.389 100.500 1.476
202003 0.495 100.300 0.527
202006 0.721 99.900 0.771
202009 0.733 99.900 0.784
202012 1.916 99.300 2.061
202103 0.795 99.900 0.850
202106 2.270 99.500 2.437
202109 0.754 100.100 0.804
202112 1.681 100.100 1.794
202203 0.476 101.100 0.503
202206 1.722 101.800 1.807
202209 0.793 103.100 0.821
202212 1.488 104.100 1.527
202303 0.569 104.400 0.582
202306 1.982 105.200 2.012
202309 1.129 106.200 1.135
202312 2.058 106.800 2.058

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.


Toyota Industries  (OTCPK:TYIDF) 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.


Toyota Industries Shiller PE Ratio Related Terms

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Toyota Industries (Toyota Industries) Business Description

Traded in Other Exchanges
Address
2-1, Toyoda-cho, Kariya-shi, Aichi, JPN, 448-8671
Toyota Industries Corp is primarily engaged in manufacturing and sale of automobiles, industrial vehicles, and textile machinery, as well as logistics business. The company manufactures and sells automobiles, engines, foundry pieces and electronic equipment. It also provides forklift trucks, warehouse equipment, automatic warehouse, vehicles for high-place work. In addition, it also engaged in the land transportation service, collection, and delivery service. The business of the group is primarily functioned through Japan and its amplifying internationally. Toyota derives most of the income through the sale of products and recycled waste products.

Toyota Industries (Toyota Industries) Headlines

From GuruFocus

Toyota Industries Leads in High-Tech Automotive and Forklifts

By Holmes Osborne, CFA Holmes Osborne, CFA 05-09-2017