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Disco (DISPF) Shiller PE Ratio : 156.96 (As of May. 27, 2024)


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What is Disco Shiller PE Ratio?

As of today (2024-05-27), Disco's current share price is $361.00. Disco's E10 for the quarter that ended in Dec. 2023 was $2.30. Disco's Shiller PE Ratio for today is 156.96.

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

DISPF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 25.79   Med: 44.37   Max: 156.88
Current: 156.87

During the past years, Disco's highest Shiller PE Ratio was 156.88. The lowest was 25.79. And the median was 44.37.

DISPF's Shiller PE Ratio is ranked worse than
93.37% of 513 companies
in the Semiconductors industry
Industry Median: 28.22 vs DISPF: 156.87

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.

Disco's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.026. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.30 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Disco Shiller PE Ratio Historical Data

The historical data trend for Disco'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.

Disco Shiller PE Ratio Chart

Disco Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.53 54.15 42.38 43.92 -

Disco Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 43.92 62.91 73.08 89.23 -

Competitive Comparison of Disco's Shiller PE Ratio

For the Semiconductor Equipment & Materials subindustry, Disco'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.


Disco's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Disco's Shiller PE Ratio distribution charts can be found below:

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



Disco 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.

Disco's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=361.00/2.3
=156.96

* 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.

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

For example, Disco'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)
=1.026/106.8000*106.8000
=1.026

Current CPI (Dec. 2023) = 106.8000.

Disco Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.308 95.700 0.344
201406 0.372 98.000 0.405
201409 0.521 98.500 0.565
201412 0.344 97.900 0.375
201503 0.458 97.900 0.500
201506 0.486 98.400 0.527
201509 0.430 98.500 0.466
201512 0.335 98.100 0.365
201603 0.545 97.900 0.595
201606 0.510 98.100 0.555
201609 0.552 98.000 0.602
201612 0.288 98.400 0.313
201703 0.715 98.100 0.778
201706 0.889 98.500 0.964
201709 0.790 98.800 0.854
201712 0.592 99.400 0.636
201803 0.851 99.200 0.916
201806 0.697 99.200 0.750
201809 0.662 99.900 0.708
201812 0.512 99.700 0.548
201903 0.518 99.700 0.555
201906 0.491 99.800 0.525
201909 0.626 100.100 0.668
201912 0.536 100.500 0.570
202003 0.709 100.300 0.755
202006 0.555 99.900 0.593
202009 0.884 99.900 0.945
202012 0.801 99.300 0.861
202103 1.141 99.900 1.220
202106 0.885 99.500 0.950
202109 1.505 100.100 1.606
202112 1.368 100.100 1.460
202203 1.607 101.100 1.698
202206 1.102 101.800 1.156
202209 1.583 103.100 1.640
202212 1.129 104.100 1.158
202303 1.768 104.400 1.809
202306 0.825 105.200 0.838
202309 1.246 106.200 1.253
202312 1.026 106.800 1.026

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.


Disco  (OTCPK:DISPF) 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.


Disco Shiller PE Ratio Related Terms

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


Disco (DISPF) Business Description

Traded in Other Exchanges
Address
13-11 Omori-Kita 2-chome, Ota-ku, Tokyo, JPN, 143-8580
Disco Corp is a Japan-based company that manufactures and distributes precision processing and other manufacturing equipment. The firm's product portfolio includes dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surface planers, water jet saws, dicing blades, grinding wheels, polishing wheels, and related products. Precision processing equipment, predominantly grinders and dicers, make up roughly half of the firm's sales. The firm generates more than half of its revenue in Asia, with the rest coming from Japan, Europe, and the Americas.

Disco (DISPF) Headlines

From GuruFocus

Matthews Japan Fund Comments on Disco

By Sydnee Gatewood Sydnee Gatewood 10-24-2019