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Hitachi (STU:HIA1) Shiller PE Ratio : 42.12 (As of Dec. 12, 2024)


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What is Hitachi Shiller PE Ratio?

As of today (2024-12-12), Hitachi's current share price is €24.85. Hitachi's E10 for the quarter that ended in Sep. 2024 was €0.59. Hitachi's Shiller PE Ratio for today is 42.12.

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

STU:HIA1' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.56   Med: 22.26   Max: 1370.97
Current: 42.8

During the past years, Hitachi's highest Shiller PE Ratio was 1370.97. The lowest was 8.56. And the median was 22.26.

STU:HIA1's Shiller PE Ratio is ranked worse than
77.92% of 308 companies
in the Conglomerates industry
Industry Median: 17.04 vs STU:HIA1: 42.80

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.

Hitachi's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.351. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.59 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hitachi Shiller PE Ratio Historical Data

The historical data trend for Hitachi'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.

Hitachi Shiller PE Ratio Chart

Hitachi 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 10.45 15.38 17.52 17.60 31.74

Hitachi Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 21.18 22.35 31.74 40.72 40.73

Competitive Comparison of Hitachi's Shiller PE Ratio

For the Conglomerates subindustry, Hitachi'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.


Hitachi's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hitachi's Shiller PE Ratio distribution charts can be found below:

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



Hitachi 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.

Hitachi's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=24.85/0.59
=42.12

* 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.

Hitachi's E10 for the quarter that ended in Sep. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.351/108.9000*108.9000
=0.351

Current CPI (Sep. 2024) = 108.9000.

Hitachi Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.063 97.900 0.070
201503 0.087 97.900 0.097
201506 0.082 98.400 0.091
201509 0.065 98.500 0.072
201512 0.118 98.100 0.131
201603 -0.001 97.900 -0.001
201606 0.099 98.100 0.110
201609 0.103 98.000 0.114
201612 0.132 98.400 0.146
201703 0.069 98.100 0.077
201706 0.125 98.500 0.138
201709 0.134 98.800 0.148
201712 0.152 99.400 0.167
201803 0.165 99.200 0.181
201806 0.169 99.200 0.186
201809 0.694 99.900 0.757
201812 -0.179 99.700 -0.196
201903 0.231 99.700 0.252
201906 0.204 99.800 0.223
201909 0.120 100.100 0.131
201912 -0.229 100.500 -0.248
202003 0.056 100.300 0.061
202006 0.381 99.900 0.415
202009 0.046 99.900 0.050
202012 0.094 99.300 0.103
202103 0.309 99.900 0.337
202106 0.190 99.500 0.208
202109 0.319 100.100 0.347
202112 0.206 100.100 0.224
202203 0.210 101.100 0.226
202206 0.054 101.800 0.058
202209 0.200 103.100 0.211
202212 0.178 104.100 0.186
202303 0.527 104.400 0.550
202306 0.098 105.200 0.101
202309 0.189 106.200 0.194
202312 0.324 106.800 0.330
202403 0.192 107.200 0.195
202406 0.045 108.200 0.045
202409 0.351 108.900 0.351

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.


Hitachi  (STU:HIA1) 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.


Hitachi Shiller PE Ratio Related Terms

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


Hitachi Business Description

Address
6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8280
Hitachi Ltd provides IT services and has an expertise in the range of business fields, including financial services. The company's main products and services include system integration, consulting, cloud services, servers, storage, software, telecommunications and networks, and ATMs. Hitachi operates in various segments namely, Information and Telecommunication Systems; Social Infrastructure and Industrial Systems; Electronic Systems and Equipment; Construction Machinery; High Functional Materials and Components; Automotive Systems; Smart Life and Ecofriendly Systems; Financial Services; and Others.

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