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Ajinomoto Co (Ajinomoto Co) Shiller PE Ratio : 46.38 (As of May. 01, 2024)


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What is Ajinomoto Co Shiller PE Ratio?

As of today (2024-05-01), Ajinomoto Co's current share price is $37.10. Ajinomoto Co's E10 for the quarter that ended in Dec. 2023 was $0.80. Ajinomoto Co's Shiller PE Ratio for today is 46.38.

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

AJINY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.96   Med: 32.02   Max: 57.55
Current: 50.82

During the past years, Ajinomoto Co's highest Shiller PE Ratio was 57.55. The lowest was 21.96. And the median was 32.02.

AJINY's Shiller PE Ratio is ranked worse than
86.44% of 1077 companies
in the Consumer Packaged Goods industry
Industry Median: 18.86 vs AJINY: 50.82

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.

Ajinomoto Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.416. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ajinomoto Co Shiller PE Ratio Historical Data

The historical data trend for Ajinomoto Co'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.

Ajinomoto Co Shiller PE Ratio Chart

Ajinomoto Co 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 23.84 26.59 27.78 38.56 44.85

Ajinomoto Co 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 41.12 44.85 53.72 52.74 48.06

Competitive Comparison of Ajinomoto Co's Shiller PE Ratio

For the Packaged Foods subindustry, Ajinomoto Co'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.


Ajinomoto Co's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ajinomoto Co's Shiller PE Ratio distribution charts can be found below:

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



Ajinomoto Co 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.

Ajinomoto Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=37.10/0.8
=46.38

* 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.

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

For example, Ajinomoto Co'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)
=0.416/106.8000*106.8000
=0.416

Current CPI (Dec. 2023) = 106.8000.

Ajinomoto Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.088 95.700 0.098
201406 0.181 98.000 0.197
201409 0.154 98.500 0.167
201412 0.270 97.900 0.295
201503 0.093 97.900 0.101
201506 0.439 98.400 0.476
201509 0.138 98.500 0.150
201512 0.529 98.100 0.576
201603 -0.134 97.900 -0.146
201606 0.223 98.100 0.243
201609 0.232 98.000 0.253
201612 0.330 98.400 0.358
201703 0.066 98.100 0.072
201706 0.249 98.500 0.270
201709 0.247 98.800 0.267
201712 0.376 99.400 0.404
201803 0.077 99.200 0.083
201806 0.219 99.200 0.236
201809 0.201 99.900 0.215
201812 -0.061 99.700 -0.065
201903 0.120 99.700 0.129
201906 0.278 99.800 0.297
201909 -0.160 100.100 -0.171
201912 0.269 100.500 0.286
202003 -0.072 100.300 -0.077
202006 0.379 99.900 0.405
202009 0.247 99.900 0.264
202012 0.457 99.300 0.492
202103 -0.054 99.900 -0.058
202106 0.365 99.500 0.392
202109 0.533 100.100 0.569
202112 0.445 100.100 0.475
202203 -0.086 101.100 -0.091
202206 0.386 101.800 0.405
202209 0.251 103.100 0.260
202212 0.407 104.100 0.418
202303 0.250 104.400 0.256
202306 0.366 105.200 0.372
202309 0.250 106.200 0.251
202312 0.416 106.800 0.416

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.


Ajinomoto Co  (OTCPK:AJINY) 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.


Ajinomoto Co Shiller PE Ratio Related Terms

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Ajinomoto Co (Ajinomoto Co) Business Description

Traded in Other Exchanges
Address
15-1, Kyobashi 1-chome, Chuo-ku, Tokyo, JPN, 104-8315
Ajinomoto is Japan's leading food company specializing in amino acids and seasonings derived from amino acid fermentation technologies. It also produces processed foods including dry soup mixes, frozen foods, and beverage products. Apart from the consumer business, it is a key supplier of MSG and nucleotides to global food manufacturers including Nestle. The food business represents nearly three fourths of group sales and 80%-plus of profits with nearly two thirds generated overseas. Healthcare and function materials (mainly Ajinomoto build-up film, or ABF), the key growth drivers through 2030, make up the balance of its business portfolio. The nonfood businesses are expected to contribute half of the group profits by 2030, boosted by ABF and CDMO growth.