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Anritsu (FRA:AN1) Shiller PE Ratio : 17.63 (As of May. 05, 2024)


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What is Anritsu Shiller PE Ratio?

As of today (2024-05-05), Anritsu's current share price is €6.70. Anritsu's E10 for the quarter that ended in Mar. 2024 was €0.38. Anritsu's Shiller PE Ratio for today is 17.63.

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

FRA:AN1' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.03   Med: 37.43   Max: 54.16
Current: 17.78

During the past years, Anritsu's highest Shiller PE Ratio was 54.16. The lowest was 15.03. And the median was 37.43.

FRA:AN1's Shiller PE Ratio is ranked better than
65% of 1380 companies
in the Hardware industry
Industry Median: 23.795 vs FRA:AN1: 17.78

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.

Anritsu's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.175. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anritsu Shiller PE Ratio Historical Data

The historical data trend for Anritsu'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.

Anritsu Shiller PE Ratio Chart

Anritsu 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 37.19 38.36 22.93 18.42 18.47

Anritsu 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 18.42 18.66 16.13 20.60 18.47

Competitive Comparison of Anritsu's Shiller PE Ratio

For the Electronic Components subindustry, Anritsu'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.


Anritsu's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Anritsu 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.

Anritsu's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6.70/0.38
=17.63

* 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.

Anritsu's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Anritsu's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.175/107.2000*107.2000
=0.175

Current CPI (Mar. 2024) = 107.2000.

Anritsu Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.041 98.000 0.045
201409 0.135 98.500 0.147
201412 0.101 97.900 0.111
201503 0.128 97.900 0.140
201506 0.060 98.400 0.065
201509 0.066 98.500 0.072
201512 0.085 98.100 0.093
201603 -0.009 97.900 -0.010
201606 0.000 98.100 0.000
201609 -0.007 98.000 -0.008
201612 0.047 98.400 0.051
201703 0.121 98.100 0.132
201706 -0.013 98.500 -0.014
201709 0.023 98.800 0.025
201712 0.069 99.400 0.074
201803 0.079 99.200 0.085
201806 0.096 99.200 0.104
201809 0.080 99.900 0.086
201812 0.179 99.700 0.192
201903 0.156 99.700 0.168
201906 0.106 99.800 0.114
201909 0.177 100.100 0.190
201912 0.219 100.500 0.234
202003 0.309 100.300 0.330
202006 0.211 99.900 0.226
202009 0.207 99.900 0.222
202012 0.195 99.300 0.211
202103 0.318 99.900 0.341
202106 0.114 99.500 0.123
202109 0.190 100.100 0.203
202112 0.156 100.100 0.167
202203 0.261 101.100 0.277
202206 0.153 101.800 0.161
202209 0.117 103.100 0.122
202212 0.061 104.100 0.063
202303 0.160 104.400 0.164
202306 0.012 105.200 0.012
202309 0.122 106.200 0.123
202312 0.055 106.800 0.055
202403 0.175 107.200 0.175

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.


Anritsu  (FRA:AN1) 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.


Anritsu Shiller PE Ratio Related Terms

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


Anritsu (FRA:AN1) Business Description

Traded in Other Exchanges
Address
5-1-1 Onna, Atsugi-shi, Kanagawa, JPN, 243-8555
Anritsu Corp is an electronic components manufacturer. The company has three business segments: Measurement, Products Quality Assurance, and Others. The Measurement segment offers measuring devices for mobile phone acceptance testing by mobile phone operators. The Product Quality Assurance Segment offers automatic electronic weighing equipment and contaminant detectors for food, cosmetics, and pharmaceutical industries, and x-ray detectors for contaminants. Anritsu's x-ray machines can detect and remove metal fragments. The Other business segment has a variety of interests, including telecommunication equipment, logistics, and real estate. The company earns the vast majority of its revenue in Japan.

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