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Kobe Steel (STU:KST) Shiller PE Ratio : 20.14 (As of Jun. 22, 2024)


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What is Kobe Steel Shiller PE Ratio?

As of today (2024-06-22), Kobe Steel's current share price is €11.278. Kobe Steel's E10 for the quarter that ended in Mar. 2024 was €0.56. Kobe Steel's Shiller PE Ratio for today is 20.14.

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

STU:KST' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.53   Med: 15.93   Max: 34.87
Current: 20.96

During the past years, Kobe Steel's highest Shiller PE Ratio was 34.87. The lowest was 3.53. And the median was 15.93.

STU:KST's Shiller PE Ratio is ranked worse than
62.75% of 408 companies
in the Steel industry
Industry Median: 14.95 vs STU:KST: 20.96

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.

Kobe Steel's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.003. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kobe Steel Shiller PE Ratio Historical Data

The historical data trend for Kobe Steel'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.

Kobe Steel Shiller PE Ratio Chart

Kobe Steel 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 6.90 20.74 10.27 11.98 22.11

Kobe Steel 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 11.98 14.99 20.87 19.40 22.11

Competitive Comparison of Kobe Steel's Shiller PE Ratio

For the Steel subindustry, Kobe Steel'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.


Kobe Steel's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kobe Steel's Shiller PE Ratio distribution charts can be found below:

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



Kobe Steel 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.

Kobe Steel's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=11.278/0.56
=20.14

* 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.

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

For example, Kobe Steel'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)
=-0.003/107.2000*107.2000
=-0.003

Current CPI (Mar. 2024) = 107.2000.

Kobe Steel Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.455 98.000 0.498
201409 0.381 98.500 0.415
201412 0.411 97.900 0.450
201503 0.474 97.900 0.519
201506 0.235 98.400 0.256
201509 0.032 98.500 0.035
201512 -0.567 98.100 -0.620
201603 -0.169 97.900 -0.185
201606 -0.048 98.100 -0.052
201609 0.149 98.000 0.163
201612 -0.933 98.400 -1.016
201703 0.306 98.100 0.334
201706 0.554 98.500 0.603
201709 0.301 98.800 0.327
201712 0.339 99.400 0.366
201803 0.155 99.200 0.168
201806 0.272 99.200 0.294
201809 0.438 99.900 0.470
201812 0.252 99.700 0.271
201903 -0.200 99.700 -0.215
201906 -0.026 99.800 -0.028
201909 -0.119 100.100 -0.127
201912 0.307 100.500 0.327
202003 -1.744 100.300 -1.864
202006 -0.300 99.900 -0.322
202009 -0.045 99.900 -0.048
202012 0.415 99.300 0.448
202103 0.414 99.900 0.444
202106 0.393 99.500 0.423
202109 0.332 100.100 0.356
202112 0.386 100.100 0.413
202203 0.105 101.100 0.111
202206 0.377 101.800 0.397
202209 0.124 103.100 0.129
202212 0.346 104.100 0.356
202303 0.443 104.400 0.455
202306 0.421 105.200 0.429
202309 0.881 106.200 0.889
202312 0.474 106.800 0.476
202403 -0.003 107.200 -0.003

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.


Kobe Steel  (STU:KST) 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.


Kobe Steel Shiller PE Ratio Related Terms

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


Kobe Steel (STU:KST) Business Description

Traded in Other Exchanges
Address
2-4, Wakinohama-Kaigandori 2-chome, Chuo-ku, Kobe, Hyogo, JPN, 651-8585
Kobe Steel Ltd is a Japan-based company that is primarily engaged in iron and steel, aluminum and copper, construction machinery, nonconstruction machinery, and engineering businesses. Its iron and steel business involves production of steel products, steel casting and forging, and manufacturing of titanium and steel powder. Its aluminum and copper segment manufactures aluminum and copper products. Its construction machinery segment develops and manufactures construction equipment. The nonconstruction machinery segment offers industrial machinery, compressors and equipment for the nuclear and other energy industries. The engineering segment provides solutions to plants, power stations, and water treatment companies. Japan and China account for the majority of the company's revenue.

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