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Asahi Group Holdings (TSE:2502) PE Ratio : 14.82 (As of Dec. 14, 2024)


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What is Asahi Group Holdings PE Ratio?

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-12-14), Asahi Group Holdings's share price is 円1660.50. Asahi Group Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was 円112.05. Therefore, Asahi Group Holdings's PE Ratio for today is 14.82.

Good Sign:

Asahi Group Holdings Ltd stock PE Ratio (=14.06) is close to 3-year low of 13.26

During the past 13 years, Asahi Group Holdings's highest PE Ratio was 27.50. The lowest was 10.40. And the median was 17.26.

Asahi Group Holdings's EPS (Diluted) for the three months ended in Jun. 2024 was 円34.55. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was 円112.05.

As of today (2024-12-14), Asahi Group Holdings's share price is 円1660.50. Asahi Group Holdings's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2024 was 円112.05. Therefore, Asahi Group Holdings's PE Ratio without NRI ratio for today is 14.82.

During the past 13 years, Asahi Group Holdings's highest PE Ratio without NRI was 28.04. The lowest was 10.40. And the median was 17.26.

Asahi Group Holdings's EPS without NRI for the three months ended in Jun. 2024 was 円34.55. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2024 was 円112.05.

During the past 12 months, Asahi Group Holdings's average EPS without NRI Growth Rate was 8.90% per year. During the past 3 years, the average EPS without NRI Growth Rate was 17.40% per year. During the past 5 years, the average EPS without NRI Growth Rate was 0.50% per year. During the past 10 years, the average EPS without NRI Growth Rate was 8.40% per year.

During the past 13 years, Asahi Group Holdings's highest 3-Year average EPS without NRI Growth Rate was 42.60% per year. The lowest was -30.40% per year. And the median was 6.50% per year.

Asahi Group Holdings's EPS (Basic) for the three months ended in Jun. 2024 was 円34.56. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2024 was 円112.08.

Back to Basics: PE Ratio


Asahi Group Holdings PE Ratio Historical Data

The historical data trend for Asahi Group Holdings's 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.

Asahi Group Holdings PE Ratio Chart

Asahi Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.05 21.60 14.77 13.77 16.24

Asahi Group Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 16.65 16.24 16.87 16.47 At Loss

Competitive Comparison of Asahi Group Holdings's PE Ratio

For the Beverages - Brewers subindustry, Asahi Group Holdings's PE Ratio, along with its competitors' market caps and 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.


Asahi Group Holdings's PE Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Asahi Group Holdings's PE Ratio distribution charts can be found below:

* The bar in red indicates where Asahi Group Holdings's PE Ratio falls into.



Asahi Group Holdings PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Asahi Group Holdings's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=1660.50/112.053
=14.82

Asahi Group Holdings's Share Price of today is 円1660.50.
Asahi Group Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円112.05.


* 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.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Asahi Group Holdings  (TSE:2502) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.

PE Ratio can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio.


Asahi Group Holdings PE Ratio Related Terms

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Asahi Group Holdings Business Description

Traded in Other Exchanges
Address
1-23-1, Azumabashi, Sumida-ku, Tokyo, JPN, 130-8602
Asahi is the largest brewer in Japan with a nearly 40% market share, led by its Super Dry beer brand. It also operates a wide range of alcoholic and soft beverage products as well as packaged foods, mainly in Japan. Overseas markets accounted for over half of the company's revenue and close to 60% of operating profit, with Australia and Europe being two major markets. It acquired SABMiller's brands including Peroni and Pilsner Urquell in Western and Central Europe in 2016 and 2017 from Anheuser-Busch InBev. In Australia, Asahi holds market leaderships across beer and soft drinks segments, through its acquisitions of Schweppes Australia in 2009 and Carlton & United Breweries in 2020.

Asahi Group Holdings Headlines

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