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HRIBF (Horiba) Shiller PE Ratio : 16.86 (As of Apr. 28, 2025)


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What is Horiba Shiller PE Ratio?

As of today (2025-04-28), Horiba's current share price is $61.03. Horiba's E10 for the quarter that ended in Dec. 2024 was $3.62. Horiba's Shiller PE Ratio for today is 16.86.

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

HRIBF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.73   Med: 20.05   Max: 37.94
Current: 17.08

During the past years, Horiba's highest Shiller PE Ratio was 37.94. The lowest was 13.73. And the median was 20.05.

HRIBF's Shiller PE Ratio is ranked better than
62.22% of 1318 companies
in the Hardware industry
Industry Median: 23.275 vs HRIBF: 17.08

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.

Horiba's adjusted earnings per share data for the three months ended in Dec. 2024 was $2.107. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.62 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Horiba Shiller PE Ratio Historical Data

The historical data trend for Horiba'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.

Horiba Shiller PE Ratio Chart

Horiba Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.61 19.90 13.80 22.14 16.09

Horiba Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 22.14 31.15 24.53 17.15 16.09

Competitive Comparison of Horiba's Shiller PE Ratio

For the Scientific & Technical Instruments subindustry, Horiba'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.


Horiba's Shiller PE Ratio Distribution in the Hardware Industry

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

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


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Horiba 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.

Horiba's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=61.03/3.62
=16.86

* 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.

Horiba's E10 for the quarter that ended in Dec. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2.107/110.7000*110.7000
=2.107

Current CPI (Dec. 2024) = 110.7000.

Horiba Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 0.798 97.900 0.902
201506 0.476 98.400 0.536
201509 0.420 98.500 0.472
201512 0.891 98.100 1.005
201603 0.666 97.900 0.753
201606 0.212 98.100 0.239
201609 0.732 98.000 0.827
201612 1.157 98.400 1.302
201703 0.791 98.100 0.893
201706 0.571 98.500 0.642
201709 0.922 98.800 1.033
201712 1.150 99.400 1.281
201803 1.362 99.200 1.520
201806 0.942 99.200 1.051
201809 0.626 99.900 0.694
201812 1.861 99.700 2.066
201903 0.544 99.700 0.604
201906 0.701 99.800 0.778
201909 0.583 100.100 0.645
201912 1.526 100.500 1.681
202003 0.501 100.300 0.553
202006 0.564 99.900 0.625
202009 0.595 99.900 0.659
202012 1.287 99.300 1.435
202103 0.846 99.900 0.937
202106 1.037 99.500 1.154
202109 1.065 100.100 1.178
202112 1.572 100.100 1.738
202203 1.137 101.100 1.245
202206 0.971 101.800 1.056
202209 1.556 103.100 1.671
202212 2.335 104.100 2.483
202303 2.389 104.400 2.533
202306 0.908 105.200 0.955
202309 1.269 106.200 1.323
202312 2.178 106.800 2.258
202403 1.106 107.200 1.142
202406 0.919 108.200 0.940
202409 1.123 108.900 1.142
202412 2.107 110.700 2.107

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.


Horiba  (OTCPK:HRIBF) 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.


Horiba Shiller PE Ratio Related Terms

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


Horiba Business Description

Traded in Other Exchanges
Address
2, Miyanohigashi-cho, Kisshoin, Minami-ku, Kyoto, JPN, 601-8510
Horiba Ltd provides analytical and measurement equipment. The automotive test systems segment contributes the largest percentage of revenue and supplies engine, driveline, brake, wind tunnel balance, and emissions test systems. The scientific segment sells instruments like pH meters, X-ray microscopes, and spectrometers. The semiconductor segment supplies mass flow controllers that are used in the semiconductor manufacturing process. The medical-diagnostic segment sells blood testing instruments and reagents for the in vitro diagnostics market. The process and environmental segment provides solutions associated with environmental regulations, such as air-pollution and water-quality analyzers. Horiba generates the largest proportion of its sales in Japan.

Horiba Headlines

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